Cost of Living Comparison Between Medellin and Veliky Novgorod Cost of Living Comparison Between Medellin and Veliky Novgorod

Monthly Cost of Living

A single person spends $1,641 per month in Medellin vs $768 in Veliky Novgorod, rent included.

A couple spends around $2,447 per month in Medellin vs $1,290 in Veliky Novgorod, rent included.

A family of three spends $3,253 per month in Medellin vs $1,812 in Veliky Novgorod, rent included.

Medellin costs about 114% more than Veliky Novgorod, driven mainly by Groceries & Markets.

Medellin sits 19% above the global median, while Veliky Novgorod is 44% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.04 COP 24.8K

$8.22 ₽691

-2.19%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.6K

$41.17 ₽3,460

17.29%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

$5.23 ₽439

80.11%

Cappuccino

$2.94 COP 9,040

$2.04 ₽171

44.12%

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

$1.86 COP 5,735

$0.72 ₽60.3

158.33%

Water (0.33 liter bottle)

$1.46 COP 4,479

$0.33 ₽28.14

342.42%

Local Beer (0.5 liter draught)

$3.21 COP 9,882

$1.06 ₽89.4

202.83%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$1.79 ₽150

218.99%

Milk (1 liter)

$1.44 COP 4,428

$1.07 ₽89.7

34.58%

White Bread (500g)

$2.40 COP 7,389

$0.72 ₽60.4

233.33%

Rice (white) (1kg)

$1.70 COP 5,228

$1.60 ₽134

6.25%

Eggs

$2.89 COP 8,896

$1.30 ₽109

122.31%

Local Cheese (1kg)

$10.06 COP 30.9K

$10.52 ₽884

-4.37%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$5.98 ₽503

66.72%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$5.86 ₽493

142.32%

Apples (1kg)

$3.98 COP 12.3K

$1.54 ₽130

158.44%

Banana (1kg)

$1.58 COP 4,878

$1.65 ₽139

-4.24%

Oranges (1kg)

$2.15 COP 6,624

$1.73 ₽146

24.28%

Tomato (1kg)

$2.30 COP 7,078

$2.99 ₽251

-23.08%

Potato (1kg)

$2.00 COP 6,169

$0.68 ₽57.3

194.12%

Onion (1kg)

$1.51 COP 4,646

$0.55 ₽46.48

174.55%

Lettuce (1 head)

$1.20 COP 3,701

$1.30 ₽109

-7.69%

Water (1.5 liter bottle)

$1.28 COP 3,946

$0.71 ₽60.0

80.28%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$2.89 ₽243

32.87%

Wine (Bottle)

$14.01 COP 43.1K

$5.84 ₽491

139.90%

Local Beer (0.5 liter bottle)

$1.71 COP 5,256

$0.69 ₽57.6

147.83%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,440

$0.97 ₽81.3

182.47%

One-way Ticket (Public Transport)

$1.25 COP 3,834

$0.54 ₽45.10

131.48%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

$32.18 ₽2,705

142.08%

Taxi Start (Normal Tariff)

$1.31 COP 4,016

$1.78 ₽150

-26.40%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

$0.18 ₽14.82

1105.56%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

$3.53 ₽297

134.84%

Gasoline (1 liter)

$1.36 COP 4,172

$0.79 ₽66.1

72.15%

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

$27.5K COP 84.5M

$17.7K ₽1.5M

55.16%

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

$36.5K COP 112.4M

$32.3K ₽2.7M

13.27%

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

$169 COP 519.2K

$44.81 ₽3,766

276.52%

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

$13.57 COP 41.8K

$5.30 ₽445

156.04%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$5.48 ₽461

416.79%

Gym Membership (Monthly)

$45.71 COP 140.7K

$33.09 ₽2,781

38.14%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

$21.12 ₽1,775

-18.47%

Cinema Ticket

$6.65 COP 20.5K

$5.26 ₽442

26.43%

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

$803 COP 2.5M

$565 ₽47.5K

42.24%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$17.7K ₽1.5M

-48.06%

Jeans (Levis 501 Or Similar)

$87.4 COP 268.8K

$34.63 ₽2,911

152.27%

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.7K

$28.99 ₽2,436

104.79%

Sport Shoes (Adidas, Nike)

$139 COP 427.5K

$99.4 ₽8,357

39.71%

Men's Leather Business Shoes

$102 COP 314.0K

$69.6 ₽5,851

46.57%

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

$343 ₽28.8K

212.11%

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

$236 ₽19.8K

177.18%

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

$645 ₽54.3K

198.20%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

$459 ₽38.6K

128.38%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

$1,706 ₽143.4K

141.63%

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

$1,183 ₽99.5K

43.45%

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$754 ₽63.3K

-13.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

19.5

-43.90%

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

Last update for Medellin: September 7, 2026

Last update for Veliky Novgorod: September 6, 2026

Cost Breakdown

A central one-bedroom costs $1,071 in Medellin versus $343 in Veliky Novgorod. 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 15% higher in Veliky Novgorod, 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 $48.00 in Medellin versus $41.00 in Veliky Novgorod. Monthly groceries follow the same trend: $300 vs $182 – making Veliky Novgorod 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 Veliky Novgorod: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 114%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,462 per month in Medellin and $1,152 in Veliky Novgorod. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Veliky Novgorod, 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 $48.00 in Medellin and $41.00 in Veliky Novgorod. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,641 in Medellin and $768 in Veliky Novgorod. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Veliky Novgorod, where all-in costs run around $768, than in Medellin at $1,641. In Veliky Novgorod it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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