Cost of Living Comparison Between Nova Iguacu and Medellin Cost of Living Comparison Between Nova Iguacu and Medellin

Monthly Cost of Living

A single person spends $695 per month in Nova Iguacu vs $1,034 in Medellin, rent included.

A couple spends around $1,099 per month in Nova Iguacu vs $1,577 in Medellin, rent included.

A family of three spends $1,504 per month in Nova Iguacu vs $2,120 in Medellin, rent included.

Nova Iguacu is about 33% cheaper than Medellin, driven mainly by Clothing & Footwear.

Both Nova Iguacu and Medellin are more affordable than the global median – Nova Iguacu 48% lower, Medellin 23% lower.

Meal at Budget Restaurant

$2.93 R$14.60

$5.92 COP 21.5K

-50.51%

Three-Course Dinner for Two, Mid-Range

$23.00 R$115

$32.75 COP 119.1K

-29.77%

Fast Food Meal (McDonalds, etc)

$7.25 R$36.10

$7.20 COP 26.2K

0.69%

Cappuccino

$1.88 R$9.35

$1.70 COP 6,186

10.59%

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

$1.01 R$5.01

$1.10 COP 3,996

-8.18%

Water (0.33 liter bottle)

$0.53 R$2.62

$0.72 COP 2,625

-26.39%

Local Beer (0.5 liter draught)

$1.58 R$7.89

$1.67 COP 6,067

-5.39%

Imported Beer (0.33 liter bottle)

$1.33 R$6.61

$3.10 COP 11.3K

-57.10%

Milk (1 liter)

$1.10 R$5.47

$1.06 COP 3,837

3.77%

White Bread (500g)

$1.28 R$6.37

$1.25 COP 4,531

2.40%

Rice (white) (1kg)

$1.11 R$5.53

$1.39 COP 5,060

-20.14%

Eggs

$1.92 R$9.56

$2.26 COP 8,229

-15.04%

Local Cheese (1kg)

$7.70 R$38.37

$4.33 COP 15.8K

77.83%

Chicken Fillets (1kg)

$2.52 R$12.57

$5.84 COP 21.2K

-56.85%

Beef Round Steak (1kg)

$6.68 R$33.26

$8.83 COP 32.1K

-24.35%

Apples (1kg)

$1.27 R$6.32

$2.24 COP 8,159

-43.30%

Banana (1kg)

$1.28 R$6.39

$1.08 COP 3,911

18.52%

Oranges (1kg)

$0.86 R$4.27

$1.53 COP 5,563

-43.79%

Tomato (1kg)

$1.58 R$7.88

$1.37 COP 4,987

15.33%

Potato (1kg)

$0.93 R$4.65

$1.13 COP 4,109

-17.70%

Onion (1kg)

$0.94 R$4.67

$1.12 COP 4,067

-16.07%

Lettuce (1 head)

$0.37 R$1.84

$0.85 COP 3,080

-56.47%

Water (1.5 liter bottle)

$0.38 R$1.88

$0.91 COP 3,305

-58.24%

Cigarettes 20 Pack (Marlboro, Camel)

$1.70 R$8.46

$2.33 COP 8,477

-27.04%

Wine (Bottle)

$6.16 R$30.67

$11.13 COP 40.5K

-44.65%

Local Beer (0.5 liter bottle)

$0.93 R$4.65

$1.19 COP 4,342

-21.85%

Imported Beer (0.33 liter bottle)

$1.27 R$6.35

$2.37 COP 8,617

-46.41%

One-way Ticket (Public Transport)

$1.29 R$6.45

$0.79 COP 2,859

63.29%

Public Transport Monthly Pass (Regular Price)

$45.37 R$226

$41.13 COP 149.6K

10.31%

Taxi Start (Normal Tariff)

$0.87 R$4.31

$1.44 COP 5,223

-39.58%

Taxi (Normal Tariff) (1km)

$1.07 R$5.32

$1.91 COP 6,952

-43.98%

Taxi 1hour Waiting (Normal Tariff)

$8.81 R$43.88

$8.02 COP 29.2K

9.85%

Gasoline (1 liter)

$1.02 R$5.06

$0.94 COP 3,410

8.51%

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

$22.6K R$112.7K

$17.9K COP 65.2M

26.24%

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

$29.0K R$144.2K

$26.8K COP 97.4M

8.10%

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

$46.06 R$229

$84.0 COP 305.4K

-45.14%

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

$10.93 R$54.4

$9.60 COP 34.9K

13.85%

Internet (50+ Mbps, Unlimited Data)

$18.66 R$92.9

$24.16 COP 87.9K

-22.76%

Gym Membership (Monthly)

$21.94 R$109

$25.88 COP 94.1K

-15.22%

Tennis Court (1 Hour on Weekend)

$21.85 R$109

$19.04 COP 69.3K

14.76%

Cinema Ticket

$5.35 R$26.65

$3.92 COP 14.2K

36.48%

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

$67.9 R$338

$306 COP 1.1M

-77.84%

International Primary School, 1 Child (Yearly)

$1,709 R$8,510

$5,919 COP 21.5M

-71.13%

Jeans (Levis 501 Or Similar)

$53.3 R$265

$57.9 COP 210.6K

-8.01%

Summer Dress (H&M, Zara, etc)

$34.02 R$169

$31.82 COP 115.7K

6.91%

Sport Shoes (Adidas, Nike)

$57.5 R$286

$99.9 COP 363.3K

-42.44%

Men's Leather Business Shoes

$53.1 R$264

$107 COP 389.7K

-50.48%

1-bedroom Apartment, City Center (Monthly)

$302 R$1,505

$487 COP 1.8M

-37.90%

1-bedroom Apartment, Outside City Center (Monthly)

$229 R$1,142

$368 COP 1.3M

-37.71%

3-bedroom Apartment, City Center (Monthly)

$587 R$2,921

$826 COP 3.0M

-28.95%

3-bedroom Apartment, Outside City Center (Monthly)

$409 R$2,037

$716 COP 2.6M

-42.87%

Buy Apartment in City Center (m2)

$1,659 R$8,262

$2,925 COP 10.6M

-43.29%

Buy Apartment Outside City Center (m2)

$1,214 R$6,045

$1,407 COP 5.1M

-13.71%

Average Monthly Net Salary (After Tax)

$243 R$1,212

$546 COP 2.0M

-55.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.92

13.43

-18.69%

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

Last update for Nova Iguacu: April 27, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $302 in Nova Iguacu 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 124% higher in Medellin, 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 $23.00 in Nova Iguacu versus $33.00 in Medellin. Monthly groceries follow the same trend: $147 vs $190 – making Nova Iguacu 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

Nova Iguacu vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 49%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,042 per month in Nova Iguacu 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 Nova Iguacu, 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 $23.00 in Nova Iguacu 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 $695 in Nova Iguacu and $1,034 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Nova Iguacu, where all-in costs run around $695, than in Medellin at $1,034. In Nova Iguacu it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Nova Iguacu – 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 Nova Iguacu. 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.