Last update: Oct 2026

Cost of Living Comparison Between Mykonos and Medellin

For one person, living is cheaper in Mykonos: $1,461 a month against $1,614 in Medellin, rent and utilities included – about $1,800 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

71

Cost of Living Index in Mykonos
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Mykonos Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Mykonos

🇬🇷 Greece

$1,461

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

How much you'll spend in Mykonos and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Mykonos and in Medellin actually costs, broken down by who's living it.

A single person spends $1,461 per month in Mykonos vs $1,614 in Medellin, rent included.

Mykonos $1,461
Medellin $1,614

A couple spends around $2,231 per month in Mykonos vs $2,402 in Medellin, rent included.

Mykonos $2,231
Medellin $2,402

A family of three spends $3,000 per month in Mykonos vs $3,190 in Medellin, rent included.

Mykonos $3,000
Medellin $3,190

Mykonos is about 9% cheaper than Medellin, and outside of rent the biggest gap is in eating out.

Both Mykonos and Medellin sit above the global median – Mykonos by 8%, Medellin by 20%.

Meal at Budget Restaurant

$12.90 €11.47

$7.93 COP 25.2K

62.67%

Three-Course Dinner for Two, Mid-Range

$55.2 €49.10

$46.13 COP 146.3K

19.66%

Fast Food Meal (McDonalds, etc)

$8.15 €7.25

$9.50 COP 30.1K

-14.21%

Cappuccino

$3.69 €3.28

$3.11 COP 9,866

18.65%

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

$2.36 €2.10

$1.83 COP 5,800

28.96%

Water (0.33 liter bottle)

$0.78 €0.69

$1.38 COP 4,360

-43.48%

Local Beer (0.5 liter draught)

$4.79 €4.26

$3.05 COP 9,672

57.05%

Imported Beer (0.33 liter bottle)

$5.26 €4.68

$5.50 COP 17.4K

-4.36%

Milk (1 liter)

$1.71 €1.52

$1.45 COP 4,600

17.93%

White Bread (500g)

$1.50 €1.33

$2.36 COP 7,496

-36.44%

Rice (white) (1kg)

$1.64 €1.46

$1.68 COP 5,328

-2.38%

Eggs

$4.15 €3.69

$2.86 COP 9,077

45.10%

Local Cheese (1kg)

$15.77 €14.03

$10.19 COP 32.3K

54.76%

Chicken Fillets (1kg)

$10.73 €9.55

$9.53 COP 30.2K

12.59%

Beef Round Steak (1kg)

$15.21 €13.53

$14.04 COP 44.5K

8.33%

Apples (1kg)

$2.21 €1.97

$4.07 COP 12.9K

-45.70%

Banana (1kg)

$2.05 €1.82

$1.50 COP 4,742

36.67%

Oranges (1kg)

$1.37 €1.22

$2.17 COP 6,891

-36.87%

Tomato (1kg)

$1.76 €1.56

$2.31 COP 7,310

-23.81%

Potato (1kg)

$1.22 €1.09

$1.93 COP 6,113

-36.79%

Onion (1kg)

$1.21 €1.08

$1.64 COP 5,196

-26.22%

Lettuce (1 head)

$0.89 €0.79

$1.13 COP 3,571

-21.24%

Water (1.5 liter bottle)

$0.77 €0.69

$1.25 COP 3,954

-38.40%

Cigarettes 20 Pack (Marlboro, Camel)

$4.94 €4.39

$3.99 COP 12.6K

23.81%

Wine (Bottle)

$7.88 €7.00

$13.35 COP 42.3K

-40.97%

Local Beer (0.5 liter bottle)

$2.33 €2.07

$1.70 COP 5,384

37.06%

Imported Beer (0.33 liter bottle)

$2.86 €2.54

$2.37 COP 7,525

20.68%

One-way Ticket (Public Transport)

$1.32 €1.17

$1.21 COP 3,827

9.09%

Public Transport Monthly Pass (Regular Price)

$50.5 €44.95

$76.5 COP 242.5K

-33.94%

Taxi Start (Normal Tariff)

$4.48 €3.99

$1.32 COP 4,179

239.39%

Taxi (Normal Tariff) (1km)

$1.10 €0.98

$2.14 COP 6,774

-48.60%

Taxi 1hour Waiting (Normal Tariff)

$11.09 €9.87

$8.47 COP 26.8K

30.93%

Gasoline (1 liter)

$2.27 €2.02

$1.30 COP 4,114

74.62%

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

$27.5K €24.4K

$28.0K COP 88.7M

-1.79%

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

$24.5K €21.7K

$35.4K COP 112.3M

-30.96%

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

$195 €174

$172 COP 545.6K

13.55%

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

$30.85 €27.44

$13.37 COP 42.4K

130.74%

Internet (50+ Mbps, Unlimited Data)

$37.38 €33.25

$28.73 COP 91.1K

30.11%

Gym Membership (Monthly)

$50.4 €44.87

$45.24 COP 143.5K

11.49%

Tennis Court (1 Hour on Weekend)

$27.90 €24.82

$17.04 COP 54.0K

63.73%

Cinema Ticket

$8.70 €7.74

$6.28 COP 19.9K

38.54%

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

$406 €361

$770 COP 2.4M

-47.34%

International Primary School, 1 Child (Yearly)

$3,951 €3,514

$9,011 COP 28.6M

-56.16%

Jeans (Levis 501 Or Similar)

$87.8 €78.1

$86.4 COP 274.0K

1.64%

Summer Dress (H&M, Zara, etc)

$42.90 €38.16

$57.1 COP 181.1K

-24.91%

Sport Shoes (Adidas, Nike)

$84.2 €74.9

$137 COP 432.9K

-38.30%

Men's Leather Business Shoes

$135 €120

$97.9 COP 310.4K

38.06%

1-bedroom Apartment, City Center (Monthly)

$483 €430

$1,055 COP 3.3M

-54.24%

1-bedroom Apartment, Outside City Center (Monthly)

$396 €352

$616 COP 2.0M

-35.67%

3-bedroom Apartment, City Center (Monthly)

$648 €576

$1,892 COP 6.0M

-65.77%

3-bedroom Apartment, Outside City Center (Monthly)

$658 €586

$1,023 COP 3.2M

-35.64%

Buy Apartment in City Center (m2)

$2,909 €2,587

$4,059 COP 12.9M

-28.33%

Buy Apartment Outside City Center (m2)

$2,298 €2,044

$1,678 COP 5.3M

36.91%

Average Monthly Net Salary (After Tax)

$1,626 €1,447

$652 COP 2.1M

149.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

10.94

-59.41%

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

Last update for Mykonos: October 12, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Mykonos

$396 27.1%

Medellin

$616 38.2% 55.5% $220

Groceries & Markets

Mykonos

$292 20%

Medellin

$295 18.3% 1.1% $3.1

Monthly Utilities & Internet

Mykonos

$264 18%

Medellin

$214 13.3% 18.8% $49

Eating Out

Mykonos

$219 15%

Medellin

$168 10.4% 23.1% $51

Clothing & Footwear

Mykonos

$158 10.8%

Medellin

$170 10.5% 8% $13

Sport & Entertainment

Mykonos

$68 4.6%

Medellin

$58 3.6% 14.8% $10

Getting Around

Mykonos

$66 4.5%

Medellin

$93 5.8% 41.9% $28

Cost Breakdown

A central one-bedroom costs $483 in Mykonos versus $1,055 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 149% higher in Mykonos, 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 $55.0 in Mykonos versus $46.00 in Medellin. Groceries tell a different story – $292 in Mykonos vs $295 in Medellin – so Mykonos wins on supermarket bills even if dining out costs more.

Good to know

🇬🇷 Mykonos

🇨🇴 Medellin

🕒 Local time

16:57 4:57 PM

08:57 8:57 AM

8 h behind Mykonos

🌤 Weather

👥 Population

10,704

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 17, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 17, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to EUR in detail →

On the map

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Between locations

Mykonos Medellin 10,540 km ≈ 14 h nonstop flight

From you

Mykonos
Medellin

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

Mykonos vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 10%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,192 per month in Mykonos and $2,421 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mykonos, 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 $55.0 in Mykonos and $46.00 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 $1,461 in Mykonos and $1,614 in Medellin. That's a gap of about 10%.

A $2,000 monthly budget goes further in Mykonos, where all-in costs run around $1,461, than in Medellin at $1,614. In Mykonos it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Mykonos – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Mykonos. 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.