Last update: Nov 2026

Cost of Living Comparison Between Seogwipo and Medellin

For one person, living is cheaper in Seogwipo: $1,435 a month against $1,692 in Medellin, rent and utilities included – about $3,100 less a year. Rent and utilities account for most of the difference.

68

Cost of Living Index in Seogwipo
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Seogwipo Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Seogwipo

🇰🇷 South Korea

$1,435

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

How much you'll spend in Seogwipo and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Seogwipo and in Medellin actually costs, broken down by who's living it.

A single person spends $1,435 per month in Seogwipo vs $1,692 in Medellin, rent included.

Seogwipo $1,435
Medellin $1,692

A couple spends around $2,282 per month in Seogwipo vs $2,471 in Medellin, rent included.

Seogwipo $2,282
Medellin $2,471

A family of three spends $3,129 per month in Seogwipo vs $3,249 in Medellin, rent included.

Seogwipo $3,129
Medellin $3,249

Seogwipo is about 15% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Both Seogwipo and Medellin sit above the global median – Seogwipo by 6%, Medellin by 25%.

Meal at Budget Restaurant

$7.30 ₩9,900

$8.34 COP 26.9K

-12.47%

Three-Course Dinner for Two, Mid-Range

$37.72 ₩51.2K

$46.53 COP 150.3K

-18.93%

Fast Food Meal (McDonalds, etc)

$6.69 ₩9,078

$9.47 COP 30.6K

-29.36%

Cappuccino

$3.67 ₩4,980

$3.13 COP 10.1K

17.25%

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

$1.54 ₩2,091

$1.77 COP 5,705

-12.99%

Water (0.33 liter bottle)

$0.74 ₩997

$1.42 COP 4,601

-47.89%

Local Beer (0.5 liter draught)

$3.49 ₩4,739

$3.15 COP 10.2K

10.79%

Imported Beer (0.33 liter bottle)

$4.28 ₩5,804

$5.70 COP 18.4K

-24.91%

Milk (1 liter)

$2.18 ₩2,953

$1.53 COP 4,950

42.48%

White Bread (500g)

$3.02 ₩4,100

$2.29 COP 7,401

31.88%

Rice (white) (1kg)

$2.67 ₩3,628

$1.94 COP 6,282

37.63%

Eggs

$2.32 ₩3,153

$3.07 COP 9,905

-24.43%

Local Cheese (1kg)

$10.23 ₩13.9K

$9.99 COP 32.3K

2.40%

Chicken Fillets (1kg)

$9.65 ₩13.1K

$10.45 COP 33.7K

-7.66%

Beef Round Steak (1kg)

$22.92 ₩31.1K

$13.96 COP 45.1K

64.18%

Apples (1kg)

$7.58 ₩10.3K

$4.05 COP 13.1K

87.16%

Banana (1kg)

$3.23 ₩4,386

$1.53 COP 4,937

111.11%

Oranges (1kg)

$5.71 ₩7,754

$2.10 COP 6,797

171.90%

Tomato (1kg)

$5.76 ₩7,810

$2.29 COP 7,409

151.53%

Potato (1kg)

$3.80 ₩5,157

$2.11 COP 6,813

80.09%

Onion (1kg)

$2.42 ₩3,286

$1.71 COP 5,521

41.52%

Lettuce (1 head)

$2.96 ₩4,023

$1.17 COP 3,780

152.99%

Water (1.5 liter bottle)

$1.20 ₩1,623

$1.58 COP 5,104

-24.05%

Cigarettes 20 Pack (Marlboro, Camel)

$2.93 ₩3,977

$3.91 COP 12.6K

-25.06%

Wine (Bottle)

$13.48 ₩18.3K

$14.04 COP 45.4K

-3.99%

Local Beer (0.5 liter bottle)

$2.39 ₩3,239

$1.76 COP 5,690

35.80%

Imported Beer (0.33 liter bottle)

$3.67 ₩4,984

$2.71 COP 8,760

35.42%

One-way Ticket (Public Transport)

$1.24 ₩1,687

$1.18 COP 3,811

5.08%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.4K

Taxi Start (Normal Tariff)

$3.95 ₩5,366

$1.81 COP 5,836

118.23%

Taxi (Normal Tariff) (1km)

$0.57 ₩775

$2.13 COP 6,878

-73.24%

Taxi 1hour Waiting (Normal Tariff)

$8.93 ₩12.1K

$8.13 COP 26.3K

9.84%

Gasoline (1 liter)

$1.37 ₩1,865

$1.28 COP 4,119

7.03%

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

$29.6K ₩40.2M

$34.4K COP 111.2M

-14.07%

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

$30.2K ₩41.0M

$34.1K COP 110.3M

-11.46%

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

$185 ₩250.9K

$178 COP 574.1K

4.02%

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

$38.67 ₩52.5K

$13.89 COP 44.9K

178.40%

Internet (50+ Mbps, Unlimited Data)

$18.90 ₩25.6K

$30.74 COP 99.3K

-38.52%

Gym Membership (Monthly)

$47.13 ₩64.0K

$41.94 COP 135.5K

12.37%

Tennis Court (1 Hour on Weekend)

$12.06 ₩16.4K

$16.80 COP 54.3K

-28.21%

Cinema Ticket

$11.65 ₩15.8K

$7.47 COP 24.1K

55.96%

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

$456 ₩618.9K

$790 COP 2.6M

-42.28%

International Primary School, 1 Child (Yearly)

$21.5K ₩29.2M

$12.3K COP 39.7M

74.87%

Jeans (Levis 501 Or Similar)

$53.1 ₩72.0K

$86.3 COP 278.9K

-38.53%

Summer Dress (H&M, Zara, etc)

$65.1 ₩88.3K

$59.3 COP 191.4K

9.82%

Sport Shoes (Adidas, Nike)

$84.8 ₩115.1K

$138 COP 446.9K

-38.71%

Men's Leather Business Shoes

$91.5 ₩124.2K

$98.8 COP 319.2K

-7.36%

1-bedroom Apartment, City Center (Monthly)

$524 ₩711.6K

$1,341 COP 4.3M

-60.89%

1-bedroom Apartment, Outside City Center (Monthly)

$402 ₩546.1K

$667 COP 2.2M

-39.68%

3-bedroom Apartment, City Center (Monthly)

$1,397 ₩1.9M

$1,976 COP 6.4M

-29.27%

3-bedroom Apartment, Outside City Center (Monthly)

$899 ₩1.2M

$1,033 COP 3.3M

-12.92%

Buy Apartment in City Center (m2)

$7,846 ₩10.6M

$4,098 COP 13.2M

91.47%

Buy Apartment Outside City Center (m2)

$5,101 ₩6.9M

$1,940 COP 6.3M

162.93%

Average Monthly Net Salary (After Tax)

$1,134 ₩1.5M

$646 COP 2.1M

75.44%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

10.94

-62.52%

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

Last update for Seogwipo: November 1, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Seogwipo

$417 29.1%

Medellin

$307 18.2% 26.3% $110

Accommodation & Living

Seogwipo

$402 28.1%

Medellin

$667 39.4% 65.8% $265

Monthly Utilities & Internet

Seogwipo

$242 16.9%

Medellin

$222 13.1% 8.3% $20

Eating Out

Seogwipo

$158 11%

Medellin

$173 10.2% 9.5% $15

Clothing & Footwear

Seogwipo

$133 9.2%

Medellin

$172 10.2% 30% $40

Sport & Entertainment

Seogwipo

$70 4.9%

Medellin

$57 3.4% 19.2% $14

Getting Around

Seogwipo

$12 * 0.8%

Medellin

$93 5.5% 693% $82

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $524 in Seogwipo versus $1,341 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 75% higher in Seogwipo, 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 $38 in Seogwipo versus $47 in Medellin. Groceries tell a different story – $417 in Seogwipo vs $307 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Seogwipo

🇨🇴 Medellin

🕒 Local time

17:05 5:05 PM

03:05 3:05 AM

14 h behind Seogwipo

🌤 Weather

👥 Population

155,641

2,486,723

💱 Currency

South Korean Won KRW ₩

Colombian Peso COP $

📈 Exchange rate

10,000 KRW = 7.37 USD

10,000 KRW = 6.56 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

Exchange rates and currency converter

COP, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of November 6, 2026: 1 USD = 1,357 KRW (10,000 KRW = 7.37 USD). 1 EUR = 1,524 KRW (10,000 KRW = 6.56 EUR).

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,230 COP (10,000 COP = 3.1 USD). 1 EUR = 3,628 COP (10,000 COP = 2.76 EUR).

USD to KRW in detail →

On the map

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Highest

Between locations

Seogwipo Medellin 15,040 km ≈ 19 h nonstop flight

From you

Seogwipo
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Seogwipo vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 18%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,152 per month in Seogwipo and $2,538 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Seogwipo, especially for central apartments: a one-bedroom in the center costs $524 there versus $1,341 in Medellin.

A mid-range dinner for two costs $38 in Seogwipo and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 26% cheaper in Medellin – one category where the pricier city actually offers better value.

$2,000 covers both cities comfortably – all-in costs are $1,435 in Seogwipo and $1,692 in Medellin, leaving budget for savings and extras in both cases.

Families tend to lean toward Seogwipo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.