Cost of Living Comparison Between Piraeus and Medellin Cost of Living Comparison Between Piraeus and Medellin

Monthly Cost of Living

A single person spends $1,557 per month in Piraeus vs $1,641 in Medellin, rent included.

A couple spends around $2,443 per month in Piraeus vs $2,447 in Medellin, rent included.

A family of three spends $3,329 per month in Piraeus vs $3,253 in Medellin, rent included.

Piraeus is about 5% cheaper than Medellin, driven mainly by Eating Out.

Both Piraeus and Medellin sit above the global median – Piraeus by 13%, Medellin by 19%.

Meal at Budget Restaurant

$17.39 €14.99

$8.04 COP 24.8K

116.29%

Three-Course Dinner for Two, Mid-Range

$58.8 €50.7

$48.29 COP 148.6K

21.68%

Fast Food Meal (McDonalds, etc)

$10.48 €9.04

$9.42 COP 29.0K

11.25%

Cappuccino

$4.01 €3.45

$2.94 COP 9,040

36.39%

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

$1.55 €1.34

$1.86 COP 5,735

-16.67%

Water (0.33 liter bottle)

$0.56 €0.48

$1.46 COP 4,479

-61.64%

Local Beer (0.5 liter draught)

$5.96 €5.14

$3.21 COP 9,882

85.67%

Imported Beer (0.33 liter bottle)

$5.97 €5.15

$5.71 COP 17.6K

4.55%

Milk (1 liter)

$1.86 €1.61

$1.44 COP 4,428

29.17%

White Bread (500g)

$1.09 €0.94

$2.40 COP 7,389

-54.58%

Rice (white) (1kg)

$2.83 €2.44

$1.70 COP 5,228

66.47%

Eggs

$3.80 €3.28

$2.89 COP 8,896

31.49%

Local Cheese (1kg)

$14.34 €12.36

$10.06 COP 30.9K

42.54%

Chicken Fillets (1kg)

$10.42 €8.99

$9.97 COP 30.7K

4.51%

Beef Round Steak (1kg)

$14.04 €12.10

$14.20 COP 43.7K

-1.13%

Apples (1kg)

$2.32 €2.00

$3.98 COP 12.3K

-41.71%

Banana (1kg)

$2.28 €1.96

$1.58 COP 4,878

44.30%

Oranges (1kg)

$1.20 €1.03

$2.15 COP 6,624

-44.19%

Tomato (1kg)

$1.83 €1.57

$2.30 COP 7,078

-20.43%

Potato (1kg)

$1.21 €1.05

$2.00 COP 6,169

-39.50%

Onion (1kg)

$0.97 €0.83

$1.51 COP 4,646

-35.76%

Lettuce (1 head)

$0.97 €0.83

$1.20 COP 3,701

-19.17%

Water (1.5 liter bottle)

$1.03 €0.88

$1.28 COP 3,946

-19.53%

Cigarettes 20 Pack (Marlboro, Camel)

$5.20 €4.48

$3.84 COP 11.8K

35.42%

Wine (Bottle)

$9.48 €8.17

$14.01 COP 43.1K

-32.33%

Local Beer (0.5 liter bottle)

$2.12 €1.83

$1.71 COP 5,256

23.98%

Imported Beer (0.33 liter bottle)

$4.14 €3.57

$2.74 COP 8,440

51.09%

One-way Ticket (Public Transport)

$1.42 €1.23

$1.25 COP 3,834

13.60%

Public Transport Monthly Pass (Regular Price)

$35.32 €30.44

$77.9 COP 239.7K

-54.66%

Taxi Start (Normal Tariff)

$4.53 €3.90

$1.31 COP 4,016

245.80%

Taxi (Normal Tariff) (1km)

$2.30 €1.98

$2.17 COP 6,680

5.99%

Taxi 1hour Waiting (Normal Tariff)

$28.81 €24.83

$8.29 COP 25.5K

247.53%

Gasoline (1 liter)

$2.16 €1.86

$1.36 COP 4,172

58.82%

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

$31.3K €27.0K

$27.5K COP 84.5M

13.87%

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

$26.1K €22.5K

$36.5K COP 112.4M

-28.49%

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

$211 €182

$169 COP 519.2K

24.89%

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

$23.77 €20.49

$13.57 COP 41.8K

75.17%

Internet (50+ Mbps, Unlimited Data)

$33.47 €28.85

$28.32 COP 87.2K

18.19%

Gym Membership (Monthly)

$49.12 €42.34

$45.71 COP 140.7K

7.46%

Tennis Court (1 Hour on Weekend)

$41.40 €35.69

$17.22 COP 53.0K

140.42%

Cinema Ticket

$10.29 €8.87

$6.65 COP 20.5K

54.74%

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

$415 €357

$803 COP 2.5M

-48.39%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

Jeans (Levis 501 Or Similar)

$75.5 €65.1

$87.4 COP 268.8K

-13.61%

Summer Dress (H&M, Zara, etc)

$40.42 €34.84

$59.4 COP 182.7K

-31.92%

Sport Shoes (Adidas, Nike)

$127 €110

$139 COP 427.5K

-8.32%

Men's Leather Business Shoes

$123 €106

$102 COP 314.0K

20.72%

1-bedroom Apartment, City Center (Monthly)

$565 €487

$1,071 COP 3.3M

-47.25%

1-bedroom Apartment, Outside City Center (Monthly)

$430 €371

$653 COP 2.0M

-34.09%

3-bedroom Apartment, City Center (Monthly)

$1,056 €911

$1,925 COP 5.9M

-45.12%

3-bedroom Apartment, Outside City Center (Monthly)

$799 €689

$1,048 COP 3.2M

-23.74%

Buy Apartment in City Center (m2)

$3,485 €3,004

$4,123 COP 12.7M

-15.46%

Buy Apartment Outside City Center (m2)

$2,754 €2,374

$1,697 COP 5.2M

62.24%

Average Monthly Net Salary (After Tax)

$1,110 €957

$655 COP 2.0M

69.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.83

10.94

-55.85%

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

Last update for Piraeus: September 7, 2026

Last update for Medellin: September 7, 2026

Cost Breakdown

A central one-bedroom costs $565 in Piraeus versus $1,071 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 69% higher in Piraeus, 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 $59.0 in Piraeus versus $48.00 in Medellin. Groceries tell a different story – $292 in Piraeus vs $300 in Medellin – so Piraeus wins on supermarket bills even if dining out costs more.

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

Piraeus vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 5%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,336 per month in Piraeus and $2,462 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Piraeus, 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 $59.0 in Piraeus and $48.00 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 $1,557 in Piraeus and $1,641 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Piraeus, where all-in costs run around $1,557, than in Medellin at $1,641. In Piraeus it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Piraeus – 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 Piraeus. 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.