Cost of Living Comparison Between Palermo and Medellin Cost of Living Comparison Between Palermo and Medellin

😐 Solo nomad: Palermo is 36.7% more expensive than Medellin without rent, and 5.1% cheaper with rent.

😐 Family of 3: Palermo is 11.1% more expensive than Medellin without rent, and 0.9% more expensive with rent.

Meal at Budget Restaurant

$10.46 ARS 15.2K

$5.97 COP 21.9K

75.21%

Three-Course Dinner for Two, Mid-Range

$33.60 ARS 48.8K

$32.40 COP 119.0K

3.70%

Fast Food Meal (McDonalds, etc)

$8.99 ARS 13.1K

$7.13 COP 26.2K

26.09%

Cappuccino

$2.75 ARS 3,987

$1.65 COP 6,043

66.67%

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

$1.66 ARS 2,406

$1.06 COP 3,882

56.60%

Water (0.33 liter bottle)

$1.50 ARS 2,172

$0.77 COP 2,839

94.81%

Local Beer (0.5 liter draught)

$2.09 ARS 3,038

$1.75 COP 6,418

19.43%

Imported Beer (0.33 liter bottle)

$3.03 ARS 4,397

$3.06 COP 11.2K

-0.98%

Milk (1 liter)

$1.25 ARS 1,809

$1.10 COP 4,026

13.64%

White Bread (500g)

$1.63 ARS 2,362

$1.30 COP 4,771

25.38%

Rice (white) (1kg)

$1.96 ARS 2,850

$1.34 COP 4,905

46.27%

Eggs

$2.20 ARS 3,199

$2.26 COP 8,299

-2.65%

Local Cheese (1kg)

$9.97 ARS 14.5K

$4.50 COP 16.5K

121.56%

Chicken Fillets (1kg)

$6.33 ARS 9,198

$5.80 COP 21.3K

9.14%

Beef Round Steak (1kg)

$9.09 ARS 13.2K

$8.96 COP 32.9K

1.45%

Apples (1kg)

$1.93 ARS 2,807

$2.37 COP 8,691

-18.57%

Banana (1kg)

$2.05 ARS 2,980

$1.07 COP 3,939

91.59%

Oranges (1kg)

$1.26 ARS 1,827

$1.48 COP 5,418

-14.86%

Tomato (1kg)

$2.64 ARS 3,840

$1.36 COP 5,011

94.12%

Potato (1kg)

$1.19 ARS 1,725

$1.13 COP 4,135

5.31%

Onion (1kg)

$1.20 ARS 1,742

$1.13 COP 4,161

6.19%

Lettuce (1 head)

$1.31 ARS 1,908

$0.89 COP 3,274

47.19%

Water (1.5 liter bottle)

$1.48 ARS 2,148

$0.85 COP 3,114

74.12%

Cigarettes 20 Pack (Marlboro, Camel)

$3.18 ARS 4,613

$2.28 COP 8,361

39.47%

Wine (Bottle)

$5.01 ARS 7,282

$10.15 COP 37.3K

-50.64%

Local Beer (0.5 liter bottle)

$1.99 ARS 2,889

$1.19 COP 4,359

67.23%

Imported Beer (0.33 liter bottle)

$3.14 ARS 4,563

$2.40 COP 8,828

30.83%

One-way Ticket (Public Transport)

$0.78 ARS 1,138

$0.84 COP 3,074

-7.14%

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$1.49 ARS 2,164

$1.48 COP 5,417

0.68%

Taxi (Normal Tariff) (1km)

$0.86 ARS 1,248

$1.89 COP 6,949

-54.50%

Taxi 1hour Waiting (Normal Tariff)

$5.90 ARS 8,573

$8.05 COP 29.5K

-26.71%

Gasoline (1 liter)

$1.11 ARS 1,615

$0.94 COP 3,455

18.09%

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

$27.9K ARS 40.6M

$17.7K COP 65.1M

57.41%

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

$30.8K ARS 44.7M

$26.4K COP 96.8M

16.74%

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

$66.4 ARS 96.4K

$81.9 COP 300.7K

-18.92%

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

$17.50 ARS 25.4K

$9.54 COP 35.0K

83.44%

Internet (50+ Mbps, Unlimited Data)

$22.12 ARS 32.1K

$23.68 COP 87.0K

-6.59%

Gym Membership (Monthly)

$26.06 ARS 37.8K

$25.85 COP 94.9K

0.81%

Tennis Court (1 Hour on Weekend)

$13.97 ARS 20.3K

$18.72 COP 68.7K

-25.37%

Cinema Ticket

$6.30 ARS 9,146

$4.05 COP 14.9K

55.56%

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

$223 ARS 323.3K

$316 COP 1.2M

-29.53%

International Primary School, 1 Child (Yearly)

$2,654 ARS 3.9M

$5,971 COP 21.9M

-55.55%

Jeans (Levis 501 Or Similar)

$74.8 ARS 108.6K

$59.0 COP 216.4K

26.82%

Summer Dress (H&M, Zara, etc)

$69.2 ARS 100.5K

$32.49 COP 119.3K

113.02%

Sport Shoes (Adidas, Nike)

$117 ARS 170.0K

$99.9 COP 366.7K

17.18%

Men's Leather Business Shoes

$110 ARS 159.8K

$108 COP 394.9K

2.34%

1-bedroom Apartment, City Center (Monthly)

$332 ARS 482.0K

$491 COP 1.8M

-32.47%

1-bedroom Apartment, Outside City Center (Monthly)

$238 ARS 345.6K

$371 COP 1.4M

-35.88%

3-bedroom Apartment, City Center (Monthly)

$685 ARS 995.5K

$821 COP 3.0M

-16.55%

3-bedroom Apartment, Outside City Center (Monthly)

$543 ARS 788.5K

$731 COP 2.7M

-25.74%

Buy Apartment in City Center (m2)

$2,008 ARS 2.9M

$3,019 COP 11.1M

-33.51%

Buy Apartment Outside City Center (m2)

$1,290 ARS 1.9M

$1,332 COP 4.9M

-3.17%

Average Monthly Net Salary (After Tax)

$517 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

58.5

13.43

335.59%

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

Last update for Palermo: January 11, 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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