Cost of Living Comparison Between Medellin and Yerevan Cost of Living Comparison Between Medellin and Yerevan

Monthly Cost of Living

A single person spends $1,641 per month in Medellin vs $1,548 in Yerevan, rent included.

A couple spends around $2,447 per month in Medellin vs $2,288 in Yerevan, rent included.

A family of three spends $3,253 per month in Medellin vs $3,028 in Yerevan, rent included.

Medellin costs about 6% more than Yerevan, driven mainly by Getting Around.

Both Medellin and Yerevan sit above the global median – Medellin by 19%, Yerevan by 12%.

Meal at Budget Restaurant

$8.04 COP 24.8K

$11.18 ֏4,056

-28.09%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.6K

$52.1 ֏18.9K

-7.22%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

$10.44 ֏3,787

-9.77%

Cappuccino

$2.94 COP 9,040

$3.69 ֏1,340

-20.33%

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

$1.86 COP 5,735

$1.21 ֏439

53.72%

Water (0.33 liter bottle)

$1.46 COP 4,479

$0.66 ֏240

121.21%

Local Beer (0.5 liter draught)

$3.21 COP 9,882

$2.80 ֏1,014

14.64%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$3.67 ֏1,332

55.59%

Milk (1 liter)

$1.44 COP 4,428

$1.59 ֏575

-9.43%

White Bread (500g)

$2.40 COP 7,389

$1.03 ֏375

133.01%

Rice (white) (1kg)

$1.70 COP 5,228

$2.12 ֏769

-19.81%

Eggs

$2.89 COP 8,896

$2.73 ֏989

5.86%

Local Cheese (1kg)

$10.06 COP 30.9K

$8.40 ֏3,046

19.76%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$7.51 ֏2,723

32.76%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$13.91 ֏5,047

2.08%

Apples (1kg)

$3.98 COP 12.3K

$1.36 ֏493

192.65%

Banana (1kg)

$1.58 COP 4,878

$1.74 ֏633

-9.20%

Oranges (1kg)

$2.15 COP 6,624

$2.01 ֏729

6.97%

Tomato (1kg)

$2.30 COP 7,078

$2.52 ֏913

-8.73%

Potato (1kg)

$2.00 COP 6,169

$0.70 ֏255

185.71%

Onion (1kg)

$1.51 COP 4,646

$0.67 ֏244

125.37%

Lettuce (1 head)

$1.20 COP 3,701

$0.91 ֏331

31.87%

Water (1.5 liter bottle)

$1.28 COP 3,946

$0.80 ֏291

60.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$2.80 ֏1,017

37.14%

Wine (Bottle)

$14.01 COP 43.1K

$11.11 ֏4,030

26.10%

Local Beer (0.5 liter bottle)

$1.71 COP 5,256

$1.52 ֏552

12.50%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,440

$2.02 ֏732

35.64%

One-way Ticket (Public Transport)

$1.25 COP 3,834

$0.40 ֏143

212.50%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

$25.13 ֏9,117

209.99%

Taxi Start (Normal Tariff)

$1.31 COP 4,016

$1.34 ֏486

-2.24%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

$0.50 ֏182

334.00%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

$13.25 ֏4,808

-37.43%

Gasoline (1 liter)

$1.36 COP 4,172

$1.54 ֏559

-11.69%

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

$27.5K COP 84.5M

$34.8K ֏12.6M

-21.01%

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

$36.5K COP 112.4M

$33.3K ֏12.1M

9.59%

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

$169 COP 519.2K

$131 ֏47.7K

28.32%

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

$13.57 COP 41.8K

$8.89 ֏3,224

52.64%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$23.79 ֏8,632

19.04%

Gym Membership (Monthly)

$45.71 COP 140.7K

$73.1 ֏26.5K

-37.44%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

$35.73 ֏13.0K

-51.81%

Cinema Ticket

$6.65 COP 20.5K

$8.20 ֏2,975

-18.90%

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

$803 COP 2.5M

$365 ֏132.4K

120.16%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$10.3K ֏3.7M

-10.97%

Jeans (Levis 501 Or Similar)

$87.4 COP 268.8K

$105 ֏38.0K

-16.51%

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.7K

$56.4 ֏20.5K

5.19%

Sport Shoes (Adidas, Nike)

$139 COP 427.5K

$143 ֏51.8K

-2.68%

Men's Leather Business Shoes

$102 COP 314.0K

$170 ֏61.5K

-39.82%

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

$847 ֏307.2K

26.46%

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

$621 ֏225.2K

5.19%

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

$1,413 ֏512.7K

36.21%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

$880 ֏319.1K

19.13%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

$3,240 ֏1.2M

27.25%

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

$1,549 ֏562.0K

9.57%

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$673 ֏244.1K

-2.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

14.04

-22.08%

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

Last update for Medellin: September 7, 2026

Last update for Yerevan: September 5, 2026

Cost Breakdown

A central one-bedroom costs $1,071 in Medellin versus $847 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 $48.00 in Medellin versus $52.0 in Yerevan. Groceries tell a different story – $300 in Medellin vs $239 in Yerevan – so Yerevan wins on supermarket bills even if dining out costs more.

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

Yes – Medellin is pricier by about 6%, and the gap shows up most in Getting Around. 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 $2,322 in Yerevan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Yerevan, 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 $52.0 in Yerevan. 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 $1,548 in Yerevan. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Yerevan, where all-in costs run around $1,548, than in Medellin at $1,641. In Yerevan it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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.

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 Yerevan. 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.