Cost of Living Comparison Between Medellin and Panevezys Cost of Living Comparison Between Medellin and Panevezys

Monthly Cost of Living

A single person spends $1,017 per month in Medellin vs $1,300 in Panevezys, rent included.

A couple spends around $1,602 per month in Medellin vs $1,984 in Panevezys, rent included.

A family of three spends $2,188 per month in Medellin vs $2,668 in Panevezys, rent included.

Medellin is about 22% cheaper than Panevezys, driven mainly by Eating Out.

Both Medellin and Panevezys are more affordable than the global median – Medellin 24% lower, Panevezys 3% lower.

Meal at Budget Restaurant

$5.95 COP 20.8K

$11.41 €9.83

-47.85%

Three-Course Dinner for Two, Mid-Range

$33.33 COP 116.3K

$69.7 €60.0

-52.16%

Fast Food Meal (McDonalds, etc)

$7.23 COP 25.2K

$6.96 €6.00

3.88%

Cappuccino

$1.63 COP 5,687

$3.02 €2.60

-46.03%

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

$1.09 COP 3,821

$2.35 €2.02

-53.62%

Water (0.33 liter bottle)

$0.73 COP 2,548

$1.76 €1.52

-58.52%

Local Beer (0.5 liter draught)

$1.74 COP 6,065

$3.43 €2.96

-49.27%

Imported Beer (0.33 liter bottle)

$3.23 COP 11.3K

$3.39 €2.92

-4.72%

Milk (1 liter)

$1.05 COP 3,662

$1.39 €1.20

-24.46%

White Bread (500g)

$1.29 COP 4,515

$1.84 €1.59

-29.89%

Rice (white) (1kg)

$1.32 COP 4,617

$1.99 €1.71

-33.67%

Eggs

$2.27 COP 7,927

$2.91 €2.51

-21.99%

Local Cheese (1kg)

$4.35 COP 15.2K

$10.73 €9.24

-59.46%

Chicken Fillets (1kg)

$5.88 COP 20.5K

$5.40 €4.65

8.89%

Beef Round Steak (1kg)

$8.61 COP 30.0K

$10.15 €8.74

-15.17%

Apples (1kg)

$2.25 COP 7,844

$1.36 €1.17

65.44%

Banana (1kg)

$1.07 COP 3,733

$1.53 €1.32

-30.07%

Oranges (1kg)

$1.52 COP 5,322

$1.72 €1.48

-11.63%

Tomato (1kg)

$1.42 COP 4,964

$3.09 €2.67

-54.05%

Potato (1kg)

$1.17 COP 4,084

$0.61 €0.52

91.80%

Onion (1kg)

$1.17 COP 4,077

$0.94 €0.81

24.47%

Lettuce (1 head)

$0.89 COP 3,096

$1.53 €1.32

-41.83%

Water (1.5 liter bottle)

$0.90 COP 3,146

$0.81 €0.70

11.11%

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 COP 7,837

$5.45 €4.70

-58.72%

Wine (Bottle)

$11.04 COP 38.5K

$8.46 €7.29

30.50%

Local Beer (0.5 liter bottle)

$1.14 COP 3,977

$1.73 €1.49

-34.10%

Imported Beer (0.33 liter bottle)

$2.38 COP 8,301

$1.72 €1.48

38.37%

One-way Ticket (Public Transport)

$0.84 COP 2,916

$0.59 €0.51

42.37%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

$36.52 €31.46

14.87%

Taxi Start (Normal Tariff)

$1.41 COP 4,912

$3.53 €3.04

-60.06%

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

$1.16 €1.00

63.79%

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

$13.64 €11.75

-43.18%

Gasoline (1 liter)

$1.01 COP 3,509

$1.63 €1.41

-38.04%

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

$17.6K COP 61.4M

$39.7K €34.2K

-55.71%

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

$26.5K COP 92.5M

$28.5K €24.5K

-6.91%

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

$83.7 COP 292.1K

$209 €180

-59.96%

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

$9.45 COP 33.0K

$15.67 €13.50

-39.69%

Internet (50+ Mbps, Unlimited Data)

$24.11 COP 84.1K

$14.76 €12.72

63.35%

Gym Membership (Monthly)

$25.31 COP 88.3K

$69.6 €59.9

-63.62%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

$23.53 €20.28

-18.66%

Cinema Ticket

$4.10 COP 14.3K

$9.02 €7.78

-54.55%

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

$312 COP 1.1M

$464 €399

-32.71%

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

$10.4K €9,003

-42.65%

Jeans (Levis 501 Or Similar)

$58.0 COP 202.6K

$116 €100

-50.05%

Summer Dress (H&M, Zara, etc)

$32.56 COP 113.6K

$23.50 €20.24

38.55%

Sport Shoes (Adidas, Nike)

$99.6 COP 347.7K

$83.6 €72.0

19.22%

Men's Leather Business Shoes

$109 COP 378.8K

$176 €152

-38.39%

1-bedroom Apartment, City Center (Monthly)

$482 COP 1.7M

$432 €372

11.56%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.3M

$296 €255

28.16%

3-bedroom Apartment, City Center (Monthly)

$837 COP 2.9M

$704 €606

18.98%

3-bedroom Apartment, Outside City Center (Monthly)

$723 COP 2.5M

$447 €385

61.74%

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

$1,857 €1,600

52.90%

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

$1,059 €912

15.50%

Average Monthly Net Salary (After Tax)

$541 COP 1.9M

$1,401 €1,207

-61.39%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

4.13

225.18%

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

Last update for Medellin: June 8, 2026

Last update for Panevezys: June 8, 2026

Cost Breakdown

A central one-bedroom costs $482 in Medellin versus $432 in Panevezys. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 159% higher in Panevezys, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $33.00 in Medellin versus $70.0 in Panevezys. Monthly groceries follow the same trend: $190 vs $228 – making Medellin the more affordable choice for daily food spending.

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 Panevezys: Cost of Living - Frequently Asked Questions

Yes – Panevezys is pricier by about 28%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,525 per month in Medellin and $1,950 in Panevezys. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $33.00 in Medellin and $70.0 in Panevezys. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,017 in Medellin and $1,300 in Panevezys. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,017, than in Panevezys at $1,300. In Medellin it covers expenses comfortably, while in Panevezys it requires careful planning or may not stretch far enough.

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

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panevezys makes more sense. Both are solid long-term options with distinct trade-offs.