Cost of Living Comparison Between Medellin and Vestmanna Cost of Living Comparison Between Medellin and Vestmanna

🙂 Solo nomad: Medellin is 13.3% cheaper than Vestmanna without rent, and 34% cheaper with rent.

🙂 Family of 3: Medellin is 17.9% cheaper than Vestmanna without rent, and 28.4% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

Cappuccino

$1.72 COP 7,155

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

$1.1 COP 4,575

Water (0.33 liter bottle)

$0.73 COP 3,060

Local Beer (0.5 liter draught)

$1.66 COP 6,916

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

Milk (1 liter)

$1.09 COP 4,552

$2.18 FOK 14.16

-50.00%

White Bread (500g)

$1.24 COP 5,188

$3.98 FOK 25.81

-68.84%

Rice (white) (1kg)

$1.33 COP 5,544

Eggs

$2.22 COP 9,252

$4.4 FOK 28.53

-49.55%

Local Cheese (1kg)

$4.55 COP 19K

$18.58 FOK 121

-75.51%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$15.46 FOK 100

-63.07%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$27.99 FOK 182

-69.31%

Apples (1kg)

$2.26 COP 9,410

$3.04 FOK 19.75

-25.66%

Banana (1kg)

$1.07 COP 4,461

$2.37 FOK 15.41

-54.85%

Oranges (1kg)

$1.51 COP 6,293

$3.12 FOK 20.26

-51.60%

Tomato (1kg)

$1.42 COP 5,911

$3.18 FOK 20.63

-55.35%

Potato (1kg)

$1.11 COP 4,619

$2.34 FOK 15.22

-52.56%

Onion (1kg)

$1.18 COP 4,932

$3.16 FOK 20.5

-62.66%

Lettuce (1 head)

$0.89 COP 3,718

Water (1.5 liter bottle)

$0.84 COP 3,507

$4.57 FOK 29.67

-81.62%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$9.89 FOK 64.2

-76.24%

Wine (Bottle)

$9.34 COP 38.9K

$21.75 FOK 141

-57.06%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.96 FOK 25.69

-37.12%

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

$10.96 FOK 71.1

-87.14%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

Gasoline (1 liter)

$1.02 COP 4,265

$1.38 FOK 8.93

-26.09%

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

$17.6K COP 73.4M

$41.1K FOK 266.8K

-57.20%

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

$26.2K COP 109.2M

$48.7K FOK 316.2K

-46.22%

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

$82.5 COP 344.1K

$155 FOK 1,008

-46.89%

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

$9.44 COP 39.4K

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

Gym Membership (Monthly)

$25.68 COP 107.1K

$61.3 FOK 397

-58.07%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$3.96 COP 16.5K

$16.92 FOK 110

-76.60%

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

$305 COP 1.3M

$276 FOK 1,794

10.25%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$123 FOK 799

-52.97%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$122 FOK 793

-15.53%

Men's Leather Business Shoes

$106 COP 440.5K

$126 FOK 817

-16.07%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

$612 FOK 3,972

-20.04%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

$613 FOK 3,979

-38.18%

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

$1,078 FOK 6,996

-23.29%

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

$1,104 FOK 7,164

-33.95%

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

$2,209 FOK 14.3K

-0.87%

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

$2,171 FOK 14.1K

-29.41%

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

$4,750 FOK 30.8K

-88.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

2.99

349.16%

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

Last update for Medellin: October 28, 2025

Last update for Vestmanna: October 28, 2025

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