Last update: Nov 2026

Cost of Living Comparison Between Songdo-dong and Medellin

For one person, living is cheaper in Songdo-dong: $1,415 a month against $1,692 in Medellin, rent and utilities included – about $3,300 less a year. Rent and utilities account for most of the difference.

67

Cost of Living Index in Songdo-dong
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Songdo-dong Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Songdo-dong

🇰🇷 South Korea

$1,415

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

How much you'll spend in Songdo-dong 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 Songdo-dong and in Medellin actually costs, broken down by who's living it.

A single person spends $1,415 per month in Songdo-dong vs $1,692 in Medellin, rent included.

Songdo-dong $1,415
Medellin $1,692

A couple spends around $2,248 per month in Songdo-dong vs $2,471 in Medellin, rent included.

Songdo-dong $2,248
Medellin $2,471

A family of three spends $3,080 per month in Songdo-dong vs $3,249 in Medellin, rent included.

Songdo-dong $3,080
Medellin $3,249

Songdo-dong is about 16% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Both Songdo-dong and Medellin sit above the global median – Songdo-dong by 5%, Medellin by 25%.

Meal at Budget Restaurant

$5.86 ₩7,877

$8.34 COP 27.0K

-29.74%

Three-Course Dinner for Two, Mid-Range

$35.02 ₩47.1K

$46.53 COP 150.9K

-24.74%

Fast Food Meal (McDonalds, etc)

$6.60 ₩8,871

$9.47 COP 30.7K

-30.31%

Cappuccino

$3.71 ₩4,992

$3.13 COP 10.2K

18.53%

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

$1.58 ₩2,117

$1.77 COP 5,728

-10.73%

Water (0.33 liter bottle)

$0.62 ₩833

$1.42 COP 4,620

-56.34%

Local Beer (0.5 liter draught)

$3.04 ₩4,089

$3.15 COP 10.2K

-3.49%

Imported Beer (0.33 liter bottle)

$4.56 ₩6,132

$5.70 COP 18.5K

-20.00%

Milk (1 liter)

$2.28 ₩3,066

$1.53 COP 4,971

49.02%

White Bread (500g)

$3.07 ₩4,119

$2.29 COP 7,431

34.06%

Rice (white) (1kg)

$2.62 ₩3,523

$1.94 COP 6,308

35.05%

Eggs

$3.29 ₩4,426

$3.07 COP 9,945

7.17%

Local Cheese (1kg)

$15.41 ₩20.7K

$9.99 COP 32.4K

54.25%

Chicken Fillets (1kg)

$10.39 ₩14.0K

$10.45 COP 33.9K

-0.57%

Beef Round Steak (1kg)

$11.08 ₩14.9K

$13.96 COP 45.3K

-20.63%

Apples (1kg)

$6.99 ₩9,389

$4.05 COP 13.1K

72.59%

Banana (1kg)

$2.45 ₩3,295

$1.53 COP 4,957

60.13%

Oranges (1kg)

$4.47 ₩6,013

$2.10 COP 6,825

112.86%

Tomato (1kg)

$6.96 ₩9,354

$2.29 COP 7,439

203.93%

Potato (1kg)

$3.25 ₩4,373

$2.11 COP 6,841

54.03%

Onion (1kg)

$2.55 ₩3,429

$1.71 COP 5,543

49.12%

Lettuce (1 head)

$2.03 ₩2,726

$1.17 COP 3,795

73.50%

Water (1.5 liter bottle)

$1.47 ₩1,977

$1.58 COP 5,125

-6.96%

Cigarettes 20 Pack (Marlboro, Camel)

$3.43 ₩4,614

$3.91 COP 12.7K

-12.28%

Wine (Bottle)

$13.63 ₩18.3K

$14.04 COP 45.6K

-2.92%

Local Beer (0.5 liter bottle)

$1.76 COP 5,714

Imported Beer (0.33 liter bottle)

$2.71 COP 8,796

One-way Ticket (Public Transport)

$1.18 COP 3,826

Public Transport Monthly Pass (Regular Price)

$76.3 COP 247.4K

Taxi Start (Normal Tariff)

$3.54 ₩4,763

$1.81 COP 5,860

95.58%

Taxi (Normal Tariff) (1km)

$0.66 ₩886

$2.13 COP 6,906

-69.01%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.4K

Gasoline (1 liter)

$1.41 ₩1,889

$1.28 COP 4,136

10.16%

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

$28.8K ₩38.7M

$34.4K COP 111.7M

-16.35%

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

$35.8K ₩48.0M

$34.1K COP 110.7M

4.74%

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

$214 ₩287.4K

$178 COP 576.4K

20.34%

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

$42.76 ₩57.5K

$13.89 COP 45.0K

207.85%

Internet (50+ Mbps, Unlimited Data)

$21.06 ₩28.3K

$30.74 COP 99.7K

-31.49%

Gym Membership (Monthly)

$41.94 COP 136.0K

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.5K

Cinema Ticket

$11.11 ₩14.9K

$7.47 COP 24.2K

48.73%

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

$367 ₩493.1K

$790 COP 2.6M

-53.56%

International Primary School, 1 Child (Yearly)

$17.6K ₩23.6M

$12.3K COP 39.9M

43.04%

Jeans (Levis 501 Or Similar)

$66.3 ₩89.1K

$86.3 COP 280.0K

-23.23%

Summer Dress (H&M, Zara, etc)

$63.7 ₩85.6K

$59.3 COP 192.2K

7.54%

Sport Shoes (Adidas, Nike)

$75.3 ₩101.2K

$138 COP 448.7K

-45.57%

Men's Leather Business Shoes

$100.0 ₩134.4K

$98.8 COP 320.5K

1.18%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

1-bedroom Apartment, Outside City Center (Monthly)

$448 ₩602.1K

$667 COP 2.2M

-32.84%

3-bedroom Apartment, City Center (Monthly)

$1,934 ₩2.6M

$1,976 COP 6.4M

-2.08%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 ₩1.4M

$1,033 COP 3.3M

1.43%

Buy Apartment in City Center (m2)

$4,098 COP 13.3M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

Average Monthly Net Salary (After Tax)

$3,341 ₩4.5M

$646 COP 2.1M

417.14%

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 Songdo-dong: November 3, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Songdo-dong

$448 31.7%

Medellin

$667 39.4% 48.9% $219

Groceries & Markets

Songdo-dong

$379 * 26.8%

Medellin

$307 18.2% 18.9% $71

Monthly Utilities & Internet

Songdo-dong

$278 19.6%

Medellin

$222 13.1% 19.9% $55

Eating Out

Songdo-dong

$144 10.2%

Medellin

$173 10.2% 19.5% $28

Clothing & Footwear

Songdo-dong

$137 9.7%

Medellin

$172 10.2% 25.4% $35

Sport & Entertainment

Songdo-dong

$22 * 1.6%

Medellin

$57 3.4% 156% $35

Getting Around

Songdo-dong

$6.8 * 0.5%

Medellin

$93 5.5% 1266% $87

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

Cost Breakdown

Salaries in Songdo-dong are about 5.2 times higher, 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 $35 in Songdo-dong versus $47 in Medellin. Groceries tell a different story – $379 in Songdo-dong vs $307 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Songdo-dong

🇨🇴 Medellin

🕒 Local time

14:47 2:47 PM

00:47 12:47 AM

14 h behind Songdo-dong

🌤 Weather

👥 Population

2,486,723

💱 Currency

South Korean Won KRW ₩

Colombian Peso COP $

📈 Exchange rate

10,000 KRW = 7.44 USD

10,000 KRW = 6.65 EUR

10,000 COP = 3.08 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 4, 2026: 1 USD = 1,344 KRW (10,000 KRW = 7.44 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,243 COP (10,000 COP = 3.08 USD). 1 EUR = 3,627 COP (10,000 COP = 2.76 EUR).

USD to KRW in detail →

On the map

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Between locations

Songdo-dong Medellin 14,640 km ≈ 19 h nonstop flight

From you

Songdo-dong
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

Songdo-dong vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 20%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,123 per month in Songdo-dong and $2,538 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $35 in Songdo-dong 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 19% cheaper in Medellin – one category where the pricier city actually offers better value.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,415 in Songdo-dong to $1,692 in Medellin. Climate, culture, job market, and personal taste all factor in.