Cost of Living Comparison Between Njardvik and Medellin Cost of Living Comparison Between Njardvik and Medellin

😐 Solo nomad: Njardvik is 162.7% more expensive than Medellin without rent, and 195.5% more expensive with rent.

😐 Family of 3: Njardvik is 201.4% more expensive than Medellin without rent, and 189% more expensive with rent.

Meal at Budget Restaurant

$24.36 ISK 3,069

$5.97 COP 21.9K

308.04%

Three-Course Dinner for Two, Mid-Range

$98.1 ISK 12.4K

$32.40 COP 119.0K

202.84%

Fast Food Meal (McDonalds, etc)

$16.36 ISK 2,061

$7.13 COP 26.2K

129.45%

Cappuccino

$6.27 ISK 790

$1.65 COP 6,043

280.00%

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

$1.66 ISK 209

$1.06 COP 3,882

56.60%

Water (0.33 liter bottle)

$2.44 ISK 308

$0.77 COP 2,839

216.88%

Local Beer (0.5 liter draught)

$10.57 ISK 1,332

$1.75 COP 6,418

504.00%

Imported Beer (0.33 liter bottle)

$11.47 ISK 1,445

$3.06 COP 11.2K

274.84%

Milk (1 liter)

$1.95 ISK 245

$1.10 COP 4,026

77.27%

White Bread (500g)

$4.19 ISK 527

$1.30 COP 4,771

222.31%

Rice (white) (1kg)

$3.71 ISK 468

$1.34 COP 4,905

176.87%

Eggs

$6.28 ISK 791

$2.26 COP 8,299

177.88%

Local Cheese (1kg)

$17.87 ISK 2,251

$4.50 COP 16.5K

297.11%

Chicken Fillets (1kg)

$24.11 ISK 3,037

$5.80 COP 21.3K

315.69%

Beef Round Steak (1kg)

$42.03 ISK 5,295

$8.96 COP 32.9K

369.08%

Apples (1kg)

$3.34 ISK 420

$2.37 COP 8,691

40.93%

Banana (1kg)

$2.52 ISK 317

$1.07 COP 3,939

135.51%

Oranges (1kg)

$3.13 ISK 394

$1.48 COP 5,418

111.49%

Tomato (1kg)

$5.03 ISK 634

$1.36 COP 5,011

269.85%

Potato (1kg)

$3.56 ISK 448

$1.13 COP 4,135

215.04%

Onion (1kg)

$2.35 ISK 296

$1.13 COP 4,161

107.96%

Lettuce (1 head)

$3.20 ISK 403

$0.89 COP 3,274

259.55%

Water (1.5 liter bottle)

$1.95 ISK 246

$0.85 COP 3,114

129.41%

Cigarettes 20 Pack (Marlboro, Camel)

$13.44 ISK 1,693

$2.28 COP 8,361

489.47%

Wine (Bottle)

$23.76 ISK 2,993

$10.15 COP 37.3K

134.09%

Local Beer (0.5 liter bottle)

$3.55 ISK 447

$1.19 COP 4,359

198.32%

Imported Beer (0.33 liter bottle)

$3.36 ISK 424

$2.40 COP 8,828

40.00%

One-way Ticket (Public Transport)

$0.84 COP 3,074

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$6.47 ISK 815

$1.48 COP 5,417

337.16%

Taxi (Normal Tariff) (1km)

$2.52 ISK 318

$1.89 COP 6,949

33.33%

Taxi 1hour Waiting (Normal Tariff)

$84.4 ISK 10.6K

$8.05 COP 29.5K

948.82%

Gasoline (1 liter)

$2.54 ISK 320

$0.94 COP 3,455

170.21%

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

$48.1K ISK 6.1M

$17.7K COP 65.1M

171.14%

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

$53.1K ISK 6.7M

$26.4K COP 96.8M

101.31%

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

$88.8 ISK 11.2K

$81.9 COP 300.7K

8.40%

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

$27.78 ISK 3,499

$9.54 COP 35.0K

191.19%

Internet (50+ Mbps, Unlimited Data)

$83.8 ISK 10.6K

$23.68 COP 87.0K

253.76%

Gym Membership (Monthly)

$79.4 ISK 10.0K

$25.85 COP 94.9K

207.27%

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

Cinema Ticket

$17.68 ISK 2,227

$4.05 COP 14.9K

336.54%

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

$322 ISK 40.5K

$316 COP 1.2M

1.90%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

$5,971 COP 21.9M

396.91%

Jeans (Levis 501 Or Similar)

$120 ISK 15.1K

$59.0 COP 216.4K

103.77%

Summer Dress (H&M, Zara, etc)

$62.3 ISK 7,842

$32.49 COP 119.3K

91.60%

Sport Shoes (Adidas, Nike)

$183 ISK 23.1K

$99.9 COP 366.7K

83.29%

Men's Leather Business Shoes

$269 ISK 33.9K

$108 COP 394.9K

150.35%

1-bedroom Apartment, City Center (Monthly)

$491 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$1,470 ISK 185.2K

$371 COP 1.4M

296.09%

3-bedroom Apartment, City Center (Monthly)

$821 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$2,611 ISK 329.0K

$731 COP 2.7M

257.15%

Buy Apartment in City Center (m2)

$3,019 COP 11.1M

Buy Apartment Outside City Center (m2)

$1,332 COP 4.9M

Average Monthly Net Salary (After Tax)

$3,882 ISK 489.0K

$517 COP 1.9M

650.85%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

13.43

-28.29%

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

Last update for Njardvik: January 10, 2026

Last update for Medellin: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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