Last update: Oct 2026

Cost of Living Comparison Between Medellin and Mykonos

For one person, living is cheaper in Mykonos: $1,446 a month against $1,639 in Medellin, rent and utilities included – about $2,300 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

79

Cost of Living Index in Medellin
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Medellin Living Index
70

Cost of Living Index in Mykonos
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Mykonos Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Mykonos

🇬🇷 Greece

$1,446

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Mykonos

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Mykonos actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $1,446 in Mykonos, rent included.

Medellin $1,639
Mykonos $1,446

A couple spends around $2,413 per month in Medellin vs $2,207 in Mykonos, rent included.

Medellin $2,413
Mykonos $2,207

A family of three spends $3,186 per month in Medellin vs $2,969 in Mykonos, rent included.

Medellin $3,186
Mykonos $2,969

Medellin costs about 13% more than Mykonos, and outside of rent the biggest gap is in transport.

Both Medellin and Mykonos sit above the global median – Medellin by 20%, Mykonos by 6%.

Meal at Budget Restaurant

$8.09 COP 26.1K

$12.69 €11.32

-36.25%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.9K

$54.8 €48.90

-14.16%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.7K

$7.99 €7.13

18.90%

Cappuccino

$3.01 COP 9,734

$3.73 €3.32

-19.30%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.80 COP 5,809

$2.38 €2.12

-24.37%

Water (0.33 liter bottle)

$1.41 COP 4,560

$0.76 €0.68

85.53%

Local Beer (0.5 liter draught)

$3.18 COP 10.3K

$4.50 €4.02

-29.33%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.6K

$5.23 €4.66

9.94%

Milk (1 liter)

$1.51 COP 4,875

$1.80 €1.61

-16.11%

White Bread (500g)

$2.38 COP 7,677

$1.43 €1.28

66.43%

Rice (white) (1kg)

$1.77 COP 5,719

$1.72 €1.53

2.91%

Eggs

$2.89 COP 9,332

$4.14 €3.70

-30.19%

Local Cheese (1kg)

$10.19 COP 32.9K

$15.70 €14.01

-35.10%

Chicken Fillets (1kg)

$9.87 COP 31.9K

$10.34 €9.23

-4.55%

Beef Round Steak (1kg)

$13.99 COP 45.2K

$15.32 €13.67

-8.68%

Apples (1kg)

$3.97 COP 12.8K

$2.16 €1.93

83.80%

Banana (1kg)

$1.55 COP 5,011

$2.13 €1.90

-27.23%

Oranges (1kg)

$2.18 COP 7,047

$1.40 €1.25

55.71%

Tomato (1kg)

$2.18 COP 7,050

$1.69 €1.51

28.99%

Potato (1kg)

$1.96 COP 6,336

$1.18 €1.05

66.10%

Onion (1kg)

$1.59 COP 5,131

$1.17 €1.04

35.90%

Lettuce (1 head)

$1.15 COP 3,698

$0.95 €0.84

21.05%

Water (1.5 liter bottle)

$1.24 COP 4,014

$0.77 €0.69

61.04%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$5.15 €4.60

-23.11%

Wine (Bottle)

$13.68 COP 44.2K

$7.91 €7.06

72.95%

Local Beer (0.5 liter bottle)

$1.66 COP 5,359

$2.23 €1.99

-25.56%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,290

$2.83 €2.52

-20.14%

One-way Ticket (Public Transport)

$1.17 COP 3,770

$1.36 €1.21

-13.97%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.8K

$53.6 €47.85

44.27%

Taxi Start (Normal Tariff)

$1.27 COP 4,094

$4.36 €3.89

-70.87%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,611

$1.09 €0.97

88.07%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

$11.14 €9.94

-23.25%

Gasoline (1 liter)

$1.35 COP 4,348

$2.19 €1.95

-38.36%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.1K COP 110.0M

$27.5K €24.6K

23.71%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$34.7K COP 111.9M

$24.0K €21.4K

44.33%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$170 COP 547.7K

$197 €175

-13.68%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.55 COP 43.7K

$30.57 €27.28

-55.68%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.6K

$37.49 €33.45

-25.13%

Gym Membership (Monthly)

$43.70 COP 141.1K

$51.8 €46.22

-15.64%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.5K

$21.60 €19.28

-20.42%

Cinema Ticket

$6.91 COP 22.3K

$9.01 €8.04

-23.31%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$797 COP 2.6M

$412 €368

93.38%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$3,953 €3,527

130.51%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.5K

$88.6 €79.1

-4.41%

Summer Dress (H&M, Zara, etc)

$58.0 COP 187.1K

$42.89 €38.27

35.14%

Sport Shoes (Adidas, Nike)

$135 COP 435.7K

$82.4 €73.5

63.81%

Men's Leather Business Shoes

$97.9 COP 316.0K

$137 €122

-28.35%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

$486 €434

148.47%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

$379 €338

69.20%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

$824 €735

146.03%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

$635 €566

59.44%

Buy Apartment in City Center (m2)

$4,170 COP 13.5M

$2,713 €2,421

53.70%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

$1,823 €1,627

4.77%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$1,600 €1,427

-58.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.44

146.40%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Medellin: October 25, 2026

Last update for Mykonos: October 27, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$642 39.1%

Mykonos

$379 26.2% 40.9% $262

Groceries & Markets

Medellin

$297 18.1%

Mykonos

$290 20% 2.5% $7.3

Monthly Utilities & Internet

Medellin

$211 12.9%

Mykonos

$265 18.3% 25.2% $53

Eating Out

Medellin

$170 10.4%

Mykonos

$216 14.9% 27.2% $46

Clothing & Footwear

Medellin

$169 10.3%

Mykonos

$158 10.9% 6.7% $11

Getting Around

Medellin

$94 5.7%

Mykonos

$69 4.8% 26.4% $25

Sport & Entertainment

Medellin

$58 3.5%

Mykonos

$70 4.8% 21.4% $12

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $486 in Mykonos. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Mykonos are about 2.4 times higher, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $47 in Medellin versus $55 in Mykonos. Groceries tell a different story – $297 in Medellin vs $290 in Mykonos – so Mykonos wins on supermarket bills even if dining out costs more.

Good to know

🇨🇴 Medellin

🇬🇷 Mykonos

🕒 Local time

09:01 9:01 AM

16:01 4:01 PM

7 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

10,704

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,603 COP (10,000 COP = 2.78 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Between locations

Medellin Mykonos 10,540 km ≈ 14 h nonstop flight

From you

Medellin
Mykonos

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Medellin vs Mykonos: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 13%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,459 per month in Medellin and $2,168 in Mykonos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mykonos, especially for central apartments: a one-bedroom in the center costs $486 there versus $1,208 in Medellin.

A mid-range dinner for two costs $47 in Medellin and $55 in Mykonos. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 31% less in Mykonos. For daily commuters, that gap adds up to noticeable savings over a year.

$2,000 covers both cities comfortably – all-in costs are $1,639 in Medellin and $1,446 in Mykonos, leaving budget for savings and extras in both cases.

Families tend to lean toward Mykonos – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.