Cost of Living Comparison Between Molde and Medellin Cost of Living Comparison Between Molde and Medellin

Monthly Cost of Living

A single person spends $2,442 per month in Molde vs $1,681 in Medellin, rent included.

A couple spends around $3,697 per month in Molde vs $2,445 in Medellin, rent included.

A family of three spends $4,952 per month in Molde vs $3,210 in Medellin, rent included.

Molde costs about 45% more than Medellin, driven mainly by Eating Out.

Both Molde and Medellin sit above the global median – Molde by 79%, Medellin by 23%.

Meal at Budget Restaurant

$30.59 NOK 288

$8.02 COP 25.3K

281.42%

Three-Course Dinner for Two, Mid-Range

$85.8 NOK 808

$47.87 COP 151.0K

79.17%

Fast Food Meal (McDonalds, etc)

$15.94 NOK 150

$9.89 COP 31.2K

61.17%

Cappuccino

$5.17 NOK 48.70

$3.13 COP 9,873

65.18%

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

$3.29 NOK 31.01

$1.91 COP 6,019

72.25%

Water (0.33 liter bottle)

$3.58 NOK 33.70

$1.51 COP 4,763

137.09%

Local Beer (0.5 liter draught)

$11.67 NOK 110

$3.12 COP 9,853

274.04%

Imported Beer (0.33 liter bottle)

$10.52 NOK 99.2

$5.75 COP 18.1K

82.96%

Milk (1 liter)

$3.13 NOK 29.46

$1.44 COP 4,558

117.36%

White Bread (500g)

$4.23 NOK 39.85

$2.49 COP 7,843

69.88%

Rice (white) (1kg)

$4.11 NOK 38.69

$1.77 COP 5,595

132.20%

Eggs

$5.24 NOK 49.35

$2.96 COP 9,336

77.03%

Local Cheese (1kg)

$18.57 NOK 175

$10.07 COP 31.8K

84.41%

Chicken Fillets (1kg)

$16.04 NOK 151

$10.12 COP 31.9K

58.50%

Beef Round Steak (1kg)

$14.30 COP 45.1K

Apples (1kg)

$3.48 NOK 32.76

$4.14 COP 13.0K

-15.94%

Banana (1kg)

$3.28 NOK 30.89

$1.61 COP 5,073

103.73%

Oranges (1kg)

$3.08 NOK 28.97

$2.25 COP 7,083

36.89%

Tomato (1kg)

$4.93 NOK 46.41

$2.25 COP 7,104

119.11%

Potato (1kg)

$2.63 NOK 24.80

$2.04 COP 6,444

28.92%

Onion (1kg)

$2.43 NOK 22.88

$1.54 COP 4,842

57.79%

Lettuce (1 head)

$2.77 NOK 26.05

$1.17 COP 3,691

136.75%

Water (1.5 liter bottle)

$1.31 COP 4,121

Cigarettes 20 Pack (Marlboro, Camel)

$20.59 NOK 194

$3.90 COP 12.3K

427.95%

Wine (Bottle)

$23.72 NOK 223

$14.01 COP 44.2K

69.31%

Local Beer (0.5 liter bottle)

$4.17 NOK 39.25

$1.74 COP 5,498

139.66%

Imported Beer (0.33 liter bottle)

$8.19 NOK 77.1

$2.87 COP 9,053

185.37%

One-way Ticket (Public Transport)

$5.20 NOK 48.98

$1.22 COP 3,834

326.23%

Public Transport Monthly Pass (Regular Price)

$84.8 NOK 798

$80.5 COP 253.9K

5.31%

Taxi Start (Normal Tariff)

$16.35 NOK 154

$1.31 COP 4,129

1148.09%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,899

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.5K

Gasoline (1 liter)

$2.31 NOK 21.75

$1.37 COP 4,306

68.61%

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

$27.8K COP 87.8M

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

$35.8K COP 112.8M

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

$177 COP 559.3K

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

$21.65 NOK 204

$13.88 COP 43.8K

55.98%

Internet (50+ Mbps, Unlimited Data)

$84.4 NOK 795

$29.72 COP 93.8K

184.12%

Gym Membership (Monthly)

$59.7 NOK 563

$44.88 COP 141.6K

33.09%

Tennis Court (1 Hour on Weekend)

$17.12 COP 54.0K

Cinema Ticket

$18.95 NOK 178

$6.65 COP 21.0K

184.96%

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

$214 NOK 2,013

$813 COP 2.6M

-73.71%

International Primary School, 1 Child (Yearly)

$9,187 COP 29.0M

Jeans (Levis 501 Or Similar)

$113 NOK 1,060

$89.5 COP 282.3K

25.72%

Summer Dress (H&M, Zara, etc)

$59.0 COP 186.0K

Sport Shoes (Adidas, Nike)

$139 NOK 1,305

$138 COP 435.9K

0.22%

Men's Leather Business Shoes

$162 NOK 1,529

$102 COP 322.1K

58.89%

1-bedroom Apartment, City Center (Monthly)

$1,288 NOK 12.1K

$1,062 COP 3.3M

21.27%

1-bedroom Apartment, Outside City Center (Monthly)

$981 NOK 9,241

$663 COP 2.1M

47.97%

3-bedroom Apartment, City Center (Monthly)

$1,899 NOK 17.9K

$1,888 COP 6.0M

0.58%

3-bedroom Apartment, Outside City Center (Monthly)

$1,678 NOK 15.8K

$1,027 COP 3.2M

63.35%

Buy Apartment in City Center (m2)

$4,183 COP 13.2M

Buy Apartment Outside City Center (m2)

$1,675 COP 5.3M

Average Monthly Net Salary (After Tax)

$4,356 NOK 41.0K

$678 COP 2.1M

542.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.8

10.94

-56.12%

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

Last update for Molde: September 14, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $1,288 in Molde versus $1,062 in Medellin. 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 543% higher in Molde, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $86.0 in Molde versus $48.00 in Medellin. Monthly groceries follow the same trend: $429 vs $305 – making Medellin 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

Molde vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Molde is pricier by about 45%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,663 per month in Molde and $2,521 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, 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 $86.0 in Molde and $48.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,442 in Molde and $1,681 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,681, than in Molde at $2,442. In Medellin it covers expenses comfortably, while in Molde it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – 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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Molde makes more sense. Both are solid long-term options with distinct trade-offs.