Cost of Living Comparison Between Medellin and Njardvik Cost of Living Comparison Between Medellin and Njardvik

🙂 Solo nomad: Medellin is 62% cheaper than Njardvik without rent, and 66.8% cheaper with rent.

🙂 Family of 3: Medellin is 68.6% cheaper than Njardvik without rent, and 66.6% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$23.75 ISK 2,963

-73.77%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$94.6 ISK 11.8K

-65.81%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$16.18 ISK 2,018

-54.33%

Cappuccino

$1.72 COP 7,155

$6.19 ISK 772

-72.21%

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

$1.1 COP 4,575

$1.57 ISK 195

-29.94%

Water (0.33 liter bottle)

$0.73 COP 3,060

$2.34 ISK 292

-68.80%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$10.3 ISK 1,285

-83.88%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$11.3 ISK 1,409

-71.68%

Milk (1 liter)

$1.09 COP 4,552

$1.95 ISK 244

-44.10%

White Bread (500g)

$1.24 COP 5,188

$4.35 ISK 543

-71.49%

Rice (white) (1kg)

$1.33 COP 5,544

$3.67 ISK 458

-63.76%

Eggs

$2.22 COP 9,252

$6.29 ISK 785

-64.71%

Local Cheese (1kg)

$4.55 COP 19K

$18.4 ISK 2,296

-75.27%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$24.04 ISK 2,999

-76.25%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$42.18 ISK 5,262

-79.63%

Apples (1kg)

$2.26 COP 9,410

$3.33 ISK 415

-32.13%

Banana (1kg)

$1.07 COP 4,461

$2.42 ISK 302

-55.79%

Oranges (1kg)

$1.51 COP 6,293

$2.96 ISK 370

-48.99%

Tomato (1kg)

$1.42 COP 5,911

$5.06 ISK 631

-71.94%

Potato (1kg)

$1.11 COP 4,619

$3.71 ISK 462

-70.08%

Onion (1kg)

$1.18 COP 4,932

$2.35 ISK 293

-49.79%

Lettuce (1 head)

$0.89 COP 3,718

$3.07 ISK 383

-71.01%

Water (1.5 liter bottle)

$0.84 COP 3,507

$1.96 ISK 244

-57.14%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$13.91 ISK 1,735

-83.11%

Wine (Bottle)

$9.34 COP 38.9K

$24.15 ISK 3,013

-61.33%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$3.72 ISK 464

-68.28%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.33 ISK 415

-25.23%

One-way Ticket (Public Transport)

$0.83 COP 3,464

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$6.33 ISK 790

-77.73%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$2.6 ISK 324

-24.62%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$87.6 ISK 10.9K

-91.04%

Gasoline (1 liter)

$1.02 COP 4,265

$2.55 ISK 319

-60.00%

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

$17.6K COP 73.4M

$46.5K ISK 5.8M

-62.12%

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

$26.2K COP 109.2M

$53K ISK 6.6M

-50.60%

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

$82.5 COP 344.1K

$88.9 ISK 11.1K

-7.19%

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

$9.44 COP 39.4K

$27.69 ISK 3,455

-65.91%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$86 ISK 10.7K

-72.65%

Gym Membership (Monthly)

$25.68 COP 107.1K

$80.8 ISK 10.1K

-68.21%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$3.96 COP 16.5K

$17.25 ISK 2,152

-77.04%

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

$305 COP 1.3M

$320 ISK 39.9K

-4.67%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$29.8K ISK 3.7M

-80.15%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$121 ISK 15.1K

-52.19%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$60.9 ISK 7,600

-48.15%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$181 ISK 22.6K

-42.98%

Men's Leather Business Shoes

$106 COP 440.5K

$262 ISK 32.7K

-59.67%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

$1,462 ISK 182.4K

-74.08%

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

$2,673 ISK 333.5K

-72.73%

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

$3,927 ISK 489.9K

-86.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

9.63

39.46%

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

Last update for Medellin: October 28, 2025

Last update for Njardvik: October 28, 2025

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