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

Monthly Cost of Living

A single person spends $2,463 per month in Molde vs $1,034 in Medellin, rent included.

A couple spends around $3,636 per month in Molde vs $1,577 in Medellin, rent included.

A family of three spends $4,808 per month in Molde vs $2,120 in Medellin, rent included.

Molde costs about 138% more than Medellin, driven mainly by Eating Out.

Molde sits 84% above the global median, while Medellin is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$25.70 NOK 239

$5.92 COP 21.5K

334.12%

Three-Course Dinner for Two, Mid-Range

$79.6 NOK 742

$32.75 COP 119.1K

143.02%

Fast Food Meal (McDonalds, etc)

$13.48 NOK 126

$7.20 COP 26.2K

87.22%

Cappuccino

$5.16 NOK 48.10

$1.70 COP 6,186

203.53%

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

$2.77 NOK 25.80

$1.10 COP 3,996

151.82%

Water (0.33 liter bottle)

$2.62 NOK 24.43

$0.72 COP 2,625

263.89%

Local Beer (0.5 liter draught)

$9.27 NOK 86.4

$1.67 COP 6,067

455.09%

Imported Beer (0.33 liter bottle)

$9.93 NOK 92.5

$3.10 COP 11.3K

220.32%

Milk (1 liter)

$2.20 NOK 20.47

$1.06 COP 3,837

107.55%

White Bread (500g)

$3.08 NOK 28.69

$1.25 COP 4,531

146.40%

Rice (white) (1kg)

$3.77 NOK 35.13

$1.39 COP 5,060

171.22%

Eggs

$3.08 NOK 28.68

$2.26 COP 8,229

36.28%

Local Cheese (1kg)

$9.28 NOK 86.5

$4.33 COP 15.8K

114.32%

Chicken Fillets (1kg)

$17.33 NOK 162

$5.84 COP 21.2K

196.75%

Beef Round Steak (1kg)

$27.43 NOK 256

$8.83 COP 32.1K

210.65%

Apples (1kg)

$2.49 NOK 23.16

$2.24 COP 8,159

11.16%

Banana (1kg)

$3.13 NOK 29.16

$1.08 COP 3,911

189.81%

Oranges (1kg)

$3.39 NOK 31.61

$1.53 COP 5,563

121.57%

Tomato (1kg)

$5.70 NOK 53.1

$1.37 COP 4,987

316.06%

Potato (1kg)

$1.56 NOK 14.55

$1.13 COP 4,109

38.05%

Onion (1kg)

$2.27 NOK 21.13

$1.12 COP 4,067

102.68%

Lettuce (1 head)

$2.58 NOK 24.09

$0.85 COP 3,080

203.53%

Water (1.5 liter bottle)

$1.83 NOK 17.02

$0.91 COP 3,305

101.10%

Cigarettes 20 Pack (Marlboro, Camel)

$18.19 NOK 169

$2.33 COP 8,477

680.69%

Wine (Bottle)

$16.75 NOK 156

$11.13 COP 40.5K

50.49%

Local Beer (0.5 liter bottle)

$2.85 NOK 26.57

$1.19 COP 4,342

139.50%

Imported Beer (0.33 liter bottle)

$4.08 NOK 38.04

$2.37 COP 8,617

72.15%

One-way Ticket (Public Transport)

$4.20 NOK 39.13

$0.79 COP 2,859

431.65%

Public Transport Monthly Pass (Regular Price)

$80.8 NOK 753

$41.13 COP 149.6K

96.50%

Taxi Start (Normal Tariff)

$10.31 NOK 96.1

$1.44 COP 5,223

615.97%

Taxi (Normal Tariff) (1km)

$1.46 NOK 13.63

$1.91 COP 6,952

-23.56%

Taxi 1hour Waiting (Normal Tariff)

$47.39 NOK 442

$8.02 COP 29.2K

490.90%

Gasoline (1 liter)

$2.14 NOK 19.97

$0.94 COP 3,410

127.66%

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

$34.9K NOK 325.0K

$17.9K COP 65.2M

94.55%

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

$38.0K NOK 353.8K

$26.8K COP 97.4M

41.71%

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

$241 NOK 2,244

$84.0 COP 305.4K

186.72%

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

$38.28 NOK 357

$9.60 COP 34.9K

298.75%

Internet (50+ Mbps, Unlimited Data)

$54.6 NOK 509

$24.16 COP 87.9K

126.08%

Gym Membership (Monthly)

$49.56 NOK 462

$25.88 COP 94.1K

91.50%

Tennis Court (1 Hour on Weekend)

$35.44 NOK 330

$19.04 COP 69.3K

86.13%

Cinema Ticket

$16.43 NOK 153

$3.92 COP 14.2K

319.13%

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

$200 NOK 1,862

$306 COP 1.1M

-34.78%

International Primary School, 1 Child (Yearly)

$10.3K NOK 95.8K

$5,919 COP 21.5M

73.73%

Jeans (Levis 501 Or Similar)

$96.8 NOK 902

$57.9 COP 210.6K

67.09%

Summer Dress (H&M, Zara, etc)

$53.0 NOK 494

$31.82 COP 115.7K

66.59%

Sport Shoes (Adidas, Nike)

$101 NOK 937

$99.9 COP 363.3K

0.64%

Men's Leather Business Shoes

$154 NOK 1,435

$107 COP 389.7K

43.76%

1-bedroom Apartment, City Center (Monthly)

$1,211 NOK 11.3K

$487 COP 1.8M

148.72%

1-bedroom Apartment, Outside City Center (Monthly)

$901 NOK 8,399

$368 COP 1.3M

144.84%

3-bedroom Apartment, City Center (Monthly)

$1,416 NOK 13.2K

$826 COP 3.0M

71.54%

3-bedroom Apartment, Outside City Center (Monthly)

$1,415 NOK 13.2K

$716 COP 2.6M

97.62%

Buy Apartment in City Center (m2)

$6,886 NOK 64.2K

$2,925 COP 10.6M

135.41%

Buy Apartment Outside City Center (m2)

$4,940 NOK 46.0K

$1,407 COP 5.1M

251.14%

Average Monthly Net Salary (After Tax)

$3,728 NOK 34.7K

$546 COP 2.0M

583.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.75

13.43

-72.08%

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

Last update for Molde: April 26, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $1,211 in Molde versus $487 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 583% 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 $80.0 in Molde versus $33.00 in Medellin. Monthly groceries follow the same trend: $448 vs $190 – 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 138%, 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 $3,695 per month in Molde and $1,550 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 $80.0 in Molde and $33.00 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 $2,463 in Molde and $1,034 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,034, than in Molde at $2,463. 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.