Last update: Nov 2026

Cost of Living Comparison Between Medellin and Preveza

For one person, living is cheaper in Preveza: $1,031 a month against $1,692 in Medellin, rent and utilities included – about $7,900 less a year. Rent and utilities account for most of the difference.

Medellin, Colombia
Preveza, Greece
Medellin
🇨🇴 Colombia
$1,692
/mo nomad
Preveza
🇬🇷 Greece
$1,031
/mo nomad
Monthly Cost of Living

How much you'll spend in Medellin and in Preveza

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 Preveza actually costs, broken down by who's living it.

A single person spends $1,692 per month in Medellin vs $1,031 in Preveza, rent included.

  • Medellin $1,692
  • Preveza $1,031

A couple spends around $2,471 per month in Medellin vs $1,624 in Preveza, rent included.

  • Medellin $2,471
  • Preveza $1,624

A family of three spends $3,249 per month in Medellin vs $2,218 in Preveza, rent included.

  • Medellin $3,249
  • Preveza $2,218

Medellin costs about 64% more than Preveza, and outside of rent the biggest gap is in transport.

Medellin sits 25% above the global median, while Preveza is 24% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Medellin
Preveza
Difference
Meal at Budget Restaurant
$8.34 COP 27.0K
$8.97 €8.00
-7.02%
Three-Course Dinner for Two, Mid-Range
$46.53 COP 150.9K
$50.9 €45.38
-8.53%
Fast Food Meal (McDonalds, etc)
$9.47 COP 30.7K
$7.99 €7.13
18.52%
Cappuccino
$3.13 COP 10.2K
$2.56 €2.28
22.27%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.77 COP 5,728
$2.24 €2.00
-20.98%
Water (0.33 liter bottle)
$1.42 COP 4,620
$0.54 €0.48
162.96%
Local Beer (0.5 liter draught)
$3.15 COP 10.2K
$3.34 €2.98
-5.69%
Imported Beer (0.33 liter bottle)
$5.70 COP 18.5K
$2.75 €2.45
107.27%
🛒 Groceries & Markets
Medellin
Preveza
Difference
Milk (1 liter)
$1.53 COP 4,971
$1.41 €1.26
8.51%
White Bread (500g)
$2.29 COP 7,431
$0.98 €0.88
133.67%
Rice (white) (1kg)
$1.94 COP 6,308
$2.38 €2.12
-18.49%
Eggs
$3.07 COP 9,945
$3.97 €3.55
-22.67%
Local Cheese (1kg)
$9.99 COP 32.4K
$11.00 €9.81
-9.18%
Chicken Fillets (1kg)
$10.45 COP 33.9K
$9.64 €8.60
8.40%
Beef Round Steak (1kg)
$13.96 COP 45.3K
$11.88 €10.60
17.51%
Apples (1kg)
$4.05 COP 13.1K
$1.17 €1.05
246.15%
Banana (1kg)
$1.53 COP 4,957
$2.19 €1.95
-30.14%
Oranges (1kg)
$2.10 COP 6,825
$1.19 €1.06
76.47%
Tomato (1kg)
$2.29 COP 7,439
$1.82 €1.62
25.82%
Potato (1kg)
$2.11 COP 6,841
$0.94 €0.84
124.47%
Onion (1kg)
$1.71 COP 5,543
$0.99 €0.88
72.73%
Lettuce (1 head)
$1.17 COP 3,795
$0.77 €0.69
51.95%
Water (1.5 liter bottle)
$1.58 COP 5,125
$0.39 €0.35
305.13%
Cigarettes 20 Pack (Marlboro, Camel)
$3.91 COP 12.7K
$5.29 €4.72
-26.09%
Wine (Bottle)
$14.04 COP 45.6K
$5.83 €5.20
140.82%
Local Beer (0.5 liter bottle)
$1.76 COP 5,714
$1.25 €1.12
40.80%
Imported Beer (0.33 liter bottle)
$2.71 COP 8,796
$3.38 €3.01
-19.82%
🚌 Getting Around
Medellin
Preveza
Difference
One-way Ticket (Public Transport)
$1.18 COP 3,826
$1.44 €1.29
-18.06%
Public Transport Monthly Pass (Regular Price)
$76.3 COP 247.4K
-
-
Taxi Start (Normal Tariff)
$1.81 COP 5,860
$3.28 €2.92
-44.82%
Taxi (Normal Tariff) (1km)
$2.13 COP 6,906
$1.03 €0.92
106.80%
Taxi 1hour Waiting (Normal Tariff)
$8.13 COP 26.4K
$6.58 €5.87
23.56%
Gasoline (1 liter)
$1.28 COP 4,136
$2.06 €1.84
-37.86%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.4K COP 111.7M
$26.4K €23.6K
30.28%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.1K COP 110.7M
$24.5K €21.8K
39.35%
🧾 Monthly Utilities & Internet
Medellin
Preveza
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$178 COP 576.4K
$132 €117
35.04%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.89 COP 45.0K
$18.16 €16.20
-23.51%
Internet (50+ Mbps, Unlimited Data)
$30.74 COP 99.7K
$22.64 €20.19
35.78%
🎉 Sport & Entertainment
Medellin
Preveza
Difference
Gym Membership (Monthly)
$41.94 COP 136.0K
$46.11 €41.13
-9.04%
Tennis Court (1 Hour on Weekend)
$16.80 COP 54.5K
$3.65 €3.26
360.27%
Cinema Ticket
$7.47 COP 24.2K
$9.77 €8.71
-23.54%
🧸 Childcare & Education
Medellin
Preveza
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$790 COP 2.6M
$424 €379
86.20%
International Primary School, 1 Child (Yearly)
$12.3K COP 39.9M
$4,273 €3,811
187.79%
👕👟 Clothing & Footwear
Medellin
Preveza
Difference
Jeans (Levis 501 Or Similar)
$86.3 COP 280.0K
$53.4 €47.63
61.69%
Summer Dress (H&M, Zara, etc)
$59.3 COP 192.2K
$37.50 €33.45
58.03%
Sport Shoes (Adidas, Nike)
$138 COP 448.7K
$55.1 €49.15
151.07%
Men's Leather Business Shoes
$98.8 COP 320.5K
$63.0 €56.2
56.74%
🏠 Accommodation & Living
Medellin
Preveza
Difference
1-bedroom Apartment, City Center (Monthly)
$1,341 COP 4.3M
$389 €347
244.76%
1-bedroom Apartment, Outside City Center (Monthly)
$667 COP 2.2M
$288 €257
131.58%
3-bedroom Apartment, City Center (Monthly)
$1,976 COP 6.4M
$618 €551
219.85%
3-bedroom Apartment, Outside City Center (Monthly)
$1,033 COP 3.3M
$522 €465
97.95%
Buy Apartment in City Center (m2)
$4,098 COP 13.3M
$2,088 €1,863
96.24%
Buy Apartment Outside City Center (m2)
$1,940 COP 6.3M
$1,598 €1,425
21.41%
💵 Salaries & Financials
Medellin
Preveza
Difference
Average Monthly Net Salary (After Tax)
$646 COP 2.1M
$1,128 €1,006
-42.70%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
4.3
154.42%

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

Last update for Medellin: November 2, 2026

Last update for Preveza: November 1, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Medellin
$667
Preveza
$288 56.8% $379
Groceries & Markets
Medellin
$307
Preveza
$236 23.1% $71
Monthly Utilities & Internet
Medellin
$222
Preveza
$172 22.5% $50
Eating Out
Medellin
$173
Preveza
$160 7.5% $13
Clothing & Footwear
Medellin
$172
Preveza
$94 45.4% $78
Getting Around
Medellin
$93
Preveza
$14 * 84.8% $79
Sport & Entertainment
Medellin
$57
Preveza
$66 15.4% $8.8

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,341 in Medellin versus $389 in Preveza. 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 75% higher in Preveza, 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 $51 in Preveza. Groceries tell a different story – $307 in Medellin vs $236 in Preveza – so Preveza wins on supermarket bills even if dining out costs more.

Good to know
🇨🇴 Medellin
🇬🇷 Preveza
🕒 Local time
22:35 10:35 PM
05:35 5:35 AM
7 h ahead of Medellin
🌤 Weather
👥 Population
2,486,723
19,072
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,243 COP (10,000 COP = 3.08 USD). 1 EUR = 3,627 COP (10,000 COP = 2.76 EUR).

Euro exchange rates as of November 4, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Medellin Preveza 10,120 km ≈ 13 h nonstop flight
From you
  • Medellin
  • Preveza

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 Preveza: Cost of Living - Frequently Asked Questions
Is Preveza cheaper than Medellin?
Yes – Medellin is pricier by about 64%, and outside of rent the gap shows up most in transport.
What income do you need for each city?
For a comfortable life, plan on about $2,538 per month in Medellin and $1,546 in Preveza. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Preveza, especially for central apartments: a one-bedroom in the center costs $389 there versus $1,341 in Medellin.
Is eating out cheaper in Medellin or in Preveza?
A mid-range dinner for two costs $47 in Medellin and $51 in Preveza. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Medellin and in Preveza?
Groceries cost about 30% more in Medellin, though the gap depends on what you buy.
Is $1,000 enough to cover costs in Medellin or in Preveza?
$1,000 is a stretch for both – monthly costs hit $1,692 in Medellin and $1,031 in Preveza. You’ll need shared housing and careful budgeting no matter which city you pick.
Is Medellin or Preveza more family-friendly?
Families tend to lean toward Preveza – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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