Last update: Oct 2026

Cost of Living Comparison Between Medellin and Yerevan

For one person, living costs are similar in Medellin and in Yerevan: $1,639 and $1,570 a month, rent and utilities included.

Medellin, Colombia
Yerevan, Armenia
Medellin
🇨🇴 Colombia
$1,639
/mo nomad
Yerevan
🇦🇲 Armenia
$1,570
/mo nomad
Monthly Cost of Living

How much you'll spend in Medellin and in Yerevan

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

A single person spends $1,639 per month in Medellin vs $1,570 in Yerevan, rent included.

  • Medellin $1,639
  • Yerevan $1,570

A couple spends around $2,413 per month in Medellin vs $2,272 in Yerevan, rent included.

  • Medellin $2,413
  • Yerevan $2,272

A family of three spends $3,186 per month in Medellin vs $2,974 in Yerevan, rent included.

  • Medellin $3,186
  • Yerevan $2,974

Medellin costs about 4% more than Yerevan, and outside of rent the biggest gap is in transport.

Both Medellin and Yerevan sit above the global median – Medellin by 20%, Yerevan by 15%.

Currency
🍽 Eating Out
Medellin
Yerevan
Difference
Meal at Budget Restaurant
$8.09 COP 25.4K
$11.24 ֏4,053
-28.02%
Three-Course Dinner for Two, Mid-Range
$47.05 COP 148.0K
$49.35 ֏17.8K
-4.66%
Fast Food Meal (McDonalds, etc)
$9.50 COP 29.9K
$9.93 ֏3,578
-4.33%
Cappuccino
$3.01 COP 9,485
$3.70 ֏1,335
-18.65%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.80 COP 5,660
$1.19 ֏429
51.26%
Water (0.33 liter bottle)
$1.41 COP 4,443
$0.66 ֏236
113.64%
Local Beer (0.5 liter draught)
$3.18 COP 9,990
$2.70 ֏975
17.78%
Imported Beer (0.33 liter bottle)
$5.75 COP 18.1K
$3.30 ֏1,190
74.24%
🛒 Groceries & Markets
Medellin
Yerevan
Difference
Milk (1 liter)
$1.51 COP 4,751
$1.60 ֏575
-5.63%
White Bread (500g)
$2.38 COP 7,480
$0.98 ֏353
142.86%
Rice (white) (1kg)
$1.77 COP 5,573
$2.24 ֏806
-20.98%
Eggs
$2.89 COP 9,093
$2.75 ֏990
5.09%
Local Cheese (1kg)
$10.19 COP 32.1K
$8.35 ֏3,011
22.04%
Chicken Fillets (1kg)
$9.87 COP 31.1K
$7.64 ֏2,752
29.19%
Beef Round Steak (1kg)
$13.99 COP 44.0K
$14.04 ֏5,060
-0.36%
Apples (1kg)
$3.97 COP 12.5K
$1.48 ֏533
168.24%
Banana (1kg)
$1.55 COP 4,883
$1.75 ֏629
-11.43%
Oranges (1kg)
$2.18 COP 6,867
$1.93 ֏697
12.95%
Tomato (1kg)
$2.18 COP 6,870
$2.50 ֏900
-12.80%
Potato (1kg)
$1.96 COP 6,174
$0.73 ֏263
168.49%
Onion (1kg)
$1.59 COP 5,000
$0.68 ֏247
133.82%
Lettuce (1 head)
$1.15 COP 3,604
$0.98 ֏353
17.35%
Water (1.5 liter bottle)
$1.24 COP 3,911
$0.74 ֏268
67.57%
Cigarettes 20 Pack (Marlboro, Camel)
$3.96 COP 12.5K
$2.79 ֏1,007
41.94%
Wine (Bottle)
$13.68 COP 43.0K
$9.53 ֏3,435
43.55%
Local Beer (0.5 liter bottle)
$1.66 COP 5,221
$1.51 ֏545
9.93%
Imported Beer (0.33 liter bottle)
$2.26 COP 7,103
$2.04 ֏736
10.78%
🚌 Getting Around
Medellin
Yerevan
Difference
One-way Ticket (Public Transport)
$1.17 COP 3,674
$0.44 ֏158
165.91%
Public Transport Monthly Pass (Regular Price)
$77.4 COP 243.4K
$25.12 ֏9,053
208.00%
Taxi Start (Normal Tariff)
$1.27 COP 3,989
$1.35 ֏487
-5.93%
Taxi (Normal Tariff) (1km)
$2.05 COP 6,442
$0.57 ֏204
259.65%
Taxi 1hour Waiting (Normal Tariff)
$8.55 COP 26.9K
$13.13 ֏4,734
-34.88%
Gasoline (1 liter)
$1.35 COP 4,237
$1.61 ֏579
-16.15%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.1K COP 107.2M
$34.7K ֏12.5M
-1.76%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.7K COP 109.1M
$29.6K ֏10.7M
17.13%
🧾 Monthly Utilities & Internet
Medellin
Yerevan
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$170 COP 533.7K
$123 ֏44.2K
38.47%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.55 COP 42.6K
$8.95 ֏3,228
51.40%
Internet (50+ Mbps, Unlimited Data)
$28.07 COP 88.3K
$23.92 ֏8,621
17.35%
🎉 Sport & Entertainment
Medellin
Yerevan
Difference
Gym Membership (Monthly)
$43.70 COP 137.5K
$70.2 ֏25.3K
-37.78%
Tennis Court (1 Hour on Weekend)
$17.19 COP 54.1K
$33.68 ֏12.1K
-48.96%
Cinema Ticket
$6.91 COP 21.7K
$8.09 ֏2,917
-14.59%
🧸 Childcare & Education
Medellin
Yerevan
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$797 COP 2.5M
$343 ֏123.6K
132.27%
International Primary School, 1 Child (Yearly)
$9,112 COP 28.7M
$10.1K ֏3.7M
-10.15%
👕👟 Clothing & Footwear
Medellin
Yerevan
Difference
Jeans (Levis 501 Or Similar)
$84.7 COP 266.5K
$102 ֏36.8K
-17.00%
Summer Dress (H&M, Zara, etc)
$58.0 COP 182.3K
$56.7 ֏20.4K
2.20%
Sport Shoes (Adidas, Nike)
$135 COP 424.6K
$127 ֏45.8K
6.14%
Men's Leather Business Shoes
$97.9 COP 307.9K
$150 ֏54.1K
-34.81%
🏠 Accommodation & Living
Medellin
Yerevan
Difference
1-bedroom Apartment, City Center (Monthly)
$1,208 COP 3.8M
$1,078 ֏388.5K
12.04%
1-bedroom Apartment, Outside City Center (Monthly)
$642 COP 2.0M
$673 ֏242.6K
-4.70%
3-bedroom Apartment, City Center (Monthly)
$2,028 COP 6.4M
$1,450 ֏522.6K
39.83%
3-bedroom Apartment, Outside City Center (Monthly)
$1,012 COP 3.2M
$922 ֏332.4K
9.71%
Buy Apartment in City Center (m2)
$4,170 COP 13.1M
$3,199 ֏1.2M
30.36%
Buy Apartment Outside City Center (m2)
$1,910 COP 6.0M
$1,675 ֏603.6K
14.08%
💵 Salaries & Financials
Medellin
Yerevan
Difference
Average Monthly Net Salary (After Tax)
$657 COP 2.1M
$680 ֏245.0K
-3.34%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
13.42
-18.48%

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

Last update for Medellin: October 25, 2026

Last update for Yerevan: October 26, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Medellin
$642
Yerevan
$673 4.9% $32
Groceries & Markets
Medellin
$297
Yerevan
$236 20.5% $61
Monthly Utilities & Internet
Medellin
$211
Yerevan
$155 26.4% $56
Eating Out
Medellin
$170
Yerevan
$192 13% $22
Clothing & Footwear
Medellin
$169
Yerevan
$196 16.1% $27
Getting Around
Medellin
$94
Yerevan
$31 66.8% $63
Sport & Entertainment
Medellin
$58
Yerevan
$86 50.2% $29

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $1,078 in Yerevan. 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 3% higher in Yerevan, 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 $49 in Yerevan. Groceries tell a different story – $297 in Medellin vs $236 in Yerevan – so Yerevan wins on supermarket bills even if dining out costs more.

Good to know
🇨🇴 Medellin
🇦🇲 Yerevan
🕒 Local time
13:41 1:41 PM
22:41 10:41 PM
9 h ahead of Medellin
🌤 Weather
👥 Population
2,486,723
1,129,300 Capital
💱 Currency
Exchange rates and currency converter

AMD, USD, EUR to COP – Colombian Peso Converter

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

Armenian Dram exchange rates as of October 28, 2026: 1 USD = 360 AMD (1,000 AMD = 2.77 USD). 1 EUR = 401 AMD (1,000 AMD = 2.49 EUR).

On the map
Between locations
  • Medellin Yerevan 12,020 km ≈ 16 h nonstop flight
From you
  • Medellin
  • Yerevan

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 Yerevan: Cost of Living - Frequently Asked Questions
Is Yerevan cheaper than Medellin?
Yes – Medellin is pricier by about 4%, 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 $2,459 per month in Medellin and $2,355 in Yerevan. 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 Yerevan, especially for central apartments: a one-bedroom in the center costs $1,078 there versus $1,208 in Medellin.
Is eating out cheaper in Medellin or in Yerevan?
A mid-range dinner for two costs $47 in Medellin and $49 in Yerevan. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Medellin and in Yerevan?
Monthly expenses with rent come to $1,639 in Medellin and $1,570 in Yerevan. That’s a gap of about 4%.
Is $2,000 enough for either Medellin or Yerevan?
$2,000 covers both cities comfortably – all-in costs are $1,639 in Medellin and $1,570 in Yerevan, leaving budget for savings and extras in both cases.
Is Medellin or Yerevan more family-friendly?
Families tend to lean toward Yerevan – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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