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

🙂 Solo nomad: Medellin is 7.5% cheaper than Vestmanna without rent, and 31% cheaper with rent.

🙂 Family of 3: Medellin is 1.2% cheaper than Vestmanna without rent, and 26.4% cheaper with rent.

Meal at Budget Restaurant

$6.03 COP 22.8K

Three-Course Dinner for Two, Mid-Range

$33.17 COP 125.6K

Fast Food Meal (McDonalds, etc)

$7.29 COP 27.6K

Cappuccino

$1.63 COP 6,170

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

$1.05 COP 3,971

Water (0.33 liter bottle)

$0.77 COP 2,916

Local Beer (0.5 liter draught)

$1.73 COP 6,550

Imported Beer (0.33 liter bottle)

$3.18 COP 12.0K

Milk (1 liter)

$1.07 COP 4,040

$2.18 FOK 14.11

-50.92%

White Bread (500g)

$1.31 COP 4,965

$3.95 FOK 25.50

-66.84%

Rice (white) (1kg)

$1.38 COP 5,227

Eggs

$2.25 COP 8,509

$4.44 FOK 28.69

-49.32%

Local Cheese (1kg)

$4.48 COP 17.0K

$18.59 FOK 120

-75.90%

Chicken Fillets (1kg)

$5.74 COP 21.7K

$15.22 FOK 98.3

-62.29%

Beef Round Steak (1kg)

$8.86 COP 33.6K

$28.19 FOK 182

-68.57%

Apples (1kg)

$2.24 COP 8,490

$3.02 FOK 19.52

-25.83%

Banana (1kg)

$1.06 COP 4,012

$2.28 FOK 14.75

-53.51%

Oranges (1kg)

$1.51 COP 5,732

$3.04 FOK 19.65

-50.33%

Tomato (1kg)

$1.36 COP 5,151

$3.08 FOK 19.89

-55.84%

Potato (1kg)

$1.12 COP 4,244

$2.35 FOK 15.15

-52.34%

Onion (1kg)

$1.17 COP 4,427

$3.04 FOK 19.67

-61.51%

Lettuce (1 head)

$0.90 COP 3,416

Water (1.5 liter bottle)

$0.84 COP 3,169

$4.68 FOK 30.22

-82.05%

Cigarettes 20 Pack (Marlboro, Camel)

$2.26 COP 8,553

$9.93 FOK 64.2

-77.24%

Wine (Bottle)

$9.97 COP 37.8K

Local Beer (0.5 liter bottle)

$1.18 COP 4,479

Imported Beer (0.33 liter bottle)

$2.39 COP 9,048

$3.81 FOK 24.64

-37.27%

One-way Ticket (Public Transport)

$0.86 COP 3,253

Public Transport Monthly Pass (Regular Price)

$41.45 COP 156.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,555

$10.89 FOK 70.3

-86.50%

Taxi (Normal Tariff) (1km)

$1.95 COP 7,367

Taxi 1hour Waiting (Normal Tariff)

$7.76 COP 29.4K

Gasoline (1 liter)

$0.97 COP 3,663

$1.43 FOK 9.22

-32.17%

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

$17.9K COP 68.0M

$40.0K FOK 258.7K

-55.17%

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

$26.7K COP 101.2M

$48.7K FOK 314.8K

-45.17%

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

$81.1 COP 307.1K

$156 FOK 1,007

-47.99%

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

$9.40 COP 35.6K

Internet (50+ Mbps, Unlimited Data)

$23.61 COP 89.4K

Gym Membership (Monthly)

$25.55 COP 96.7K

$61.4 FOK 397

-58.41%

Tennis Court (1 Hour on Weekend)

$19.29 COP 73.0K

Cinema Ticket

$4.10 COP 15.5K

$16.77 FOK 108

-75.55%

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

$306 COP 1.2M

$283 FOK 1,827

8.25%

International Primary School, 1 Child (Yearly)

$5,899 COP 22.3M

Jeans (Levis 501 Or Similar)

$59.8 COP 226.5K

$124 FOK 798

-51.56%

Summer Dress (H&M, Zara, etc)

$31.96 COP 121.0K

Sport Shoes (Adidas, Nike)

$103 COP 388.8K

$124 FOK 798

-16.85%

Men's Leather Business Shoes

$108 COP 408.4K

$125 FOK 810

-14.00%

1-bedroom Apartment, City Center (Monthly)

$483 COP 1.8M

$623 FOK 4,027

-22.49%

1-bedroom Apartment, Outside City Center (Monthly)

$377 COP 1.4M

$617 FOK 3,987

-38.86%

3-bedroom Apartment, City Center (Monthly)

$822 COP 3.1M

$1,067 FOK 6,895

-23.04%

3-bedroom Apartment, Outside City Center (Monthly)

$721 COP 2.7M

$1,080 FOK 6,977

-33.24%

Buy Apartment in City Center (m2)

$2,784 COP 10.5M

Buy Apartment Outside City Center (m2)

$1,320 COP 5.0M

Average Monthly Net Salary (After Tax)

$538 COP 2.0M

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: March 3, 2026

Last update for Vestmanna: March 1, 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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