Cost of Living Comparison Between Medellin and Torshavn Cost of Living Comparison Between Medellin and Torshavn

🙂 Solo nomad: Medellin is 57.4% cheaper than Torshavn without rent, and 55.6% cheaper with rent.

🙂 Family of 3: Medellin is 59.4% cheaper than Torshavn without rent, and 54.8% cheaper with rent.

Meal at Budget Restaurant

$5.97 COP 21.9K

$23.07 FOK 148

-74.12%

Three-Course Dinner for Two, Mid-Range

$32.40 COP 119.0K

$137 FOK 881

-76.36%

Fast Food Meal (McDonalds, etc)

$7.13 COP 26.2K

$20.40 FOK 131

-65.05%

Cappuccino

$1.65 COP 6,043

$7.24 FOK 46.57

-77.21%

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

$1.06 COP 3,882

$3.23 FOK 20.76

-67.18%

Water (0.33 liter bottle)

$0.77 COP 2,839

$2.68 FOK 17.21

-71.27%

Local Beer (0.5 liter draught)

$1.75 COP 6,418

$9.27 FOK 59.6

-81.12%

Imported Beer (0.33 liter bottle)

$3.06 COP 11.2K

$8.49 FOK 54.6

-63.96%

Milk (1 liter)

$1.10 COP 4,026

$2.32 FOK 14.90

-52.59%

White Bread (500g)

$1.30 COP 4,771

$3.99 FOK 25.66

-67.42%

Rice (white) (1kg)

$1.34 COP 4,905

$1.81 FOK 11.62

-25.97%

Eggs

$2.26 COP 8,299

$5.74 FOK 36.92

-60.63%

Local Cheese (1kg)

$4.50 COP 16.5K

$12.50 FOK 80.4

-64.00%

Chicken Fillets (1kg)

$5.80 COP 21.3K

$14.03 FOK 90.2

-58.66%

Beef Round Steak (1kg)

$8.96 COP 32.9K

Apples (1kg)

$2.37 COP 8,691

$2.39 FOK 15.38

-0.84%

Banana (1kg)

$1.07 COP 3,939

$2.72 FOK 17.51

-60.66%

Oranges (1kg)

$1.48 COP 5,418

$3.11 FOK 20.01

-52.41%

Tomato (1kg)

$1.36 COP 5,011

$1.82 FOK 11.71

-25.27%

Potato (1kg)

$1.13 COP 4,135

$2.74 FOK 17.64

-58.76%

Onion (1kg)

$1.13 COP 4,161

$3.32 FOK 21.33

-65.96%

Lettuce (1 head)

$0.89 COP 3,274

$2.46 FOK 15.84

-63.82%

Water (1.5 liter bottle)

$0.85 COP 3,114

$2.76 FOK 17.75

-69.20%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,361

$10.95 FOK 70.4

-79.18%

Wine (Bottle)

$10.15 COP 37.3K

$12.69 FOK 81.6

-20.02%

Local Beer (0.5 liter bottle)

$1.19 COP 4,359

$2.12 FOK 13.66

-43.87%

Imported Beer (0.33 liter bottle)

$2.40 COP 8,828

$3.05 FOK 19.59

-21.31%

One-way Ticket (Public Transport)

$0.84 COP 3,074

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$1.48 COP 5,417

$12.29 FOK 79.0

-87.96%

Taxi (Normal Tariff) (1km)

$1.89 COP 6,949

Taxi 1hour Waiting (Normal Tariff)

$8.05 COP 29.5K

Gasoline (1 liter)

$0.94 COP 3,455

$2.12 FOK 13.66

-55.66%

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

$17.7K COP 65.1M

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

$26.4K COP 96.8M

$56.2K FOK 361.5K

-53.11%

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

$81.9 COP 300.7K

$133 FOK 855

-38.44%

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

$9.54 COP 35.0K

$40.32 FOK 259

-76.34%

Internet (50+ Mbps, Unlimited Data)

$23.68 COP 87.0K

$66.2 FOK 425

-64.20%

Gym Membership (Monthly)

$25.85 COP 94.9K

$40.75 FOK 262

-36.56%

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

Cinema Ticket

$4.05 COP 14.9K

$16.37 FOK 105

-75.26%

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

$316 COP 1.2M

$560 FOK 3,598

-43.55%

International Primary School, 1 Child (Yearly)

$5,971 COP 21.9M

Jeans (Levis 501 Or Similar)

$59.0 COP 216.4K

$151 FOK 969

-60.87%

Summer Dress (H&M, Zara, etc)

$32.49 COP 119.3K

$61.4 FOK 395

-47.04%

Sport Shoes (Adidas, Nike)

$99.9 COP 366.7K

$168 FOK 1,078

-40.43%

Men's Leather Business Shoes

$108 COP 394.9K

$224 FOK 1,442

-52.06%

1-bedroom Apartment, City Center (Monthly)

$491 COP 1.8M

$1,129 FOK 7,258

-56.46%

1-bedroom Apartment, Outside City Center (Monthly)

$371 COP 1.4M

$937 FOK 6,026

-60.40%

3-bedroom Apartment, City Center (Monthly)

$821 COP 3.0M

$1,915 FOK 12.3K

-57.11%

3-bedroom Apartment, Outside City Center (Monthly)

$731 COP 2.7M

$1,523 FOK 9,790

-51.98%

Buy Apartment in City Center (m2)

$3,019 COP 11.1M

$4,098 FOK 26.4K

-26.33%

Buy Apartment Outside City Center (m2)

$1,332 COP 4.9M

$4,827 FOK 31.0K

-72.40%

Average Monthly Net Salary (After Tax)

$517 COP 1.9M

$2,427 FOK 15.6K

-78.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Medellin: January 12, 2026

Last update for Torshavn: January 13, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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

Digital Nomad Cost of Living Index

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