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

😐 Solo nomad: Njardvik is 163.1% more expensive than Medellin without rent, and 201.6% more expensive with rent.

😐 Family of 3: Njardvik is 218.2% more expensive than Medellin without rent, and 199.8% more expensive with rent.

Meal at Budget Restaurant

$23.75 ISK 2,963

$6.23 COP 26K

281.22%

Three-Course Dinner for Two, Mid-Range

$94.6 ISK 11.8K

$32.34 COP 134.8K

192.46%

Fast Food Meal (McDonalds, etc)

$16.18 ISK 2,018

$7.39 COP 30.8K

118.94%

Cappuccino

$6.19 ISK 772

$1.72 COP 7,155

259.88%

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

$1.57 ISK 195

$1.1 COP 4,575

42.73%

Water (0.33 liter bottle)

$2.34 ISK 292

$0.73 COP 3,060

220.55%

Local Beer (0.5 liter draught)

$10.3 ISK 1,285

$1.66 COP 6,916

520.48%

Imported Beer (0.33 liter bottle)

$11.3 ISK 1,409

$3.2 COP 13.3K

253.13%

Milk (1 liter)

$1.95 ISK 244

$1.09 COP 4,552

78.90%

White Bread (500g)

$4.35 ISK 543

$1.24 COP 5,188

250.81%

Rice (white) (1kg)

$3.67 ISK 458

$1.33 COP 5,544

175.94%

Eggs

$6.29 ISK 785

$2.22 COP 9,252

183.33%

Local Cheese (1kg)

$18.4 ISK 2,296

$4.55 COP 19K

304.40%

Chicken Fillets (1kg)

$24.04 ISK 2,999

$5.71 COP 23.8K

321.02%

Beef Round Steak (1kg)

$42.18 ISK 5,262

$8.59 COP 35.8K

391.04%

Apples (1kg)

$3.33 ISK 415

$2.26 COP 9,410

47.35%

Banana (1kg)

$2.42 ISK 302

$1.07 COP 4,461

126.17%

Oranges (1kg)

$2.96 ISK 370

$1.51 COP 6,293

96.03%

Tomato (1kg)

$5.06 ISK 631

$1.42 COP 5,911

256.34%

Potato (1kg)

$3.71 ISK 462

$1.11 COP 4,619

234.23%

Onion (1kg)

$2.35 ISK 293

$1.18 COP 4,932

99.15%

Lettuce (1 head)

$3.07 ISK 383

$0.89 COP 3,718

244.94%

Water (1.5 liter bottle)

$1.96 ISK 244

$0.84 COP 3,507

133.33%

Cigarettes 20 Pack (Marlboro, Camel)

$13.91 ISK 1,735

$2.35 COP 9,809

491.91%

Wine (Bottle)

$24.15 ISK 3,013

$9.34 COP 38.9K

158.57%

Local Beer (0.5 liter bottle)

$3.72 ISK 464

$1.18 COP 4,927

215.25%

Imported Beer (0.33 liter bottle)

$3.33 ISK 415

$2.49 COP 10.4K

33.73%

One-way Ticket (Public Transport)

$0.83 COP 3,464

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$6.33 ISK 790

$1.41 COP 5,899

348.94%

Taxi (Normal Tariff) (1km)

$2.6 ISK 324

$1.96 COP 8,164

32.65%

Taxi 1hour Waiting (Normal Tariff)

$87.6 ISK 10.9K

$7.85 COP 32.7K

1015.92%

Gasoline (1 liter)

$2.55 ISK 319

$1.02 COP 4,265

150.00%

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

$46.5K ISK 5.8M

$17.6K COP 73.4M

163.98%

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

$53K ISK 6.6M

$26.2K COP 109.2M

102.42%

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

$88.9 ISK 11.1K

$82.5 COP 344.1K

7.74%

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

$27.69 ISK 3,455

$9.44 COP 39.4K

193.33%

Internet (50+ Mbps, Unlimited Data)

$86 ISK 10.7K

$23.51 COP 98K

265.67%

Gym Membership (Monthly)

$80.8 ISK 10.1K

$25.68 COP 107.1K

214.56%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$17.25 ISK 2,152

$3.96 COP 16.5K

335.61%

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

$320 ISK 39.9K

$305 COP 1.3M

4.89%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

$5,925 COP 24.7M

403.78%

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

$57.9 COP 241.4K

109.17%

Summer Dress (H&M, Zara, etc)

$60.9 ISK 7,600

$31.59 COP 131.7K

92.85%

Sport Shoes (Adidas, Nike)

$181 ISK 22.6K

$103 COP 430.1K

75.38%

Men's Leather Business Shoes

$262 ISK 32.7K

$106 COP 440.5K

147.94%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

1-bedroom Apartment, Outside City Center (Monthly)

$1,462 ISK 182.4K

$379 COP 1.6M

285.80%

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

3-bedroom Apartment, Outside City Center (Monthly)

$2,673 ISK 333.5K

$729 COP 3M

266.65%

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

Average Monthly Net Salary (After Tax)

$3,927 ISK 489.9K

$550 COP 2.3M

614.09%

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: October 28, 2025

Last update for Medellin: October 28, 2025

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