Cost of Living Comparison Between Thessaloniki and Medellin Cost of Living Comparison Between Thessaloniki and Medellin

Monthly Cost of Living

A single person spends $1,546 per month in Thessaloniki vs $1,013 in Medellin, rent included.

A couple spends around $2,354 per month in Thessaloniki vs $1,602 in Medellin, rent included.

A family of three spends $3,162 per month in Thessaloniki vs $2,192 in Medellin, rent included.

Thessaloniki costs about 53% more than Medellin, driven mainly by Eating Out.

Thessaloniki sits 15% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Thessaloniki
Medellin
Difference
Meal at Budget Restaurant
$17.27 €14.87
$5.99 COP 21.4K
188.31%
Three-Course Dinner for Two, Mid-Range
$57.7 €49.68
$32.86 COP 117.2K
75.56%
Fast Food Meal (McDonalds, etc)
$10.30 €8.87
$7.09 COP 25.3K
45.28%
Cappuccino
$4.27 €3.68
$1.71 COP 6,105
149.71%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.36 €2.03
$1.10 COP 3,918
114.55%
Water (0.33 liter bottle)
$0.56 €0.49
$0.78 COP 2,776
-28.21%
Local Beer (0.5 liter draught)
$5.88 €5.07
$1.68 COP 5,987
250.00%
Imported Beer (0.33 liter bottle)
$5.74 €4.94
$3.07 COP 10.9K
86.97%
🛒 Groceries & Markets
Thessaloniki
Medellin
Difference
Milk (1 liter)
$1.52 €1.31
$1.09 COP 3,899
39.45%
White Bread (500g)
$1.46 €1.25
$1.26 COP 4,500
15.87%
Rice (white) (1kg)
$2.45 €2.11
$1.38 COP 4,914
77.54%
Eggs
$4.41 €3.79
$2.19 COP 7,813
101.37%
Local Cheese (1kg)
$13.67 €11.77
$4.40 COP 15.7K
210.68%
Chicken Fillets (1kg)
$11.10 €9.56
$5.63 COP 20.1K
97.16%
Beef Round Steak (1kg)
$14.79 €12.73
$8.89 COP 31.7K
66.37%
Apples (1kg)
$2.04 €1.76
$2.34 COP 8,334
-12.82%
Banana (1kg)
$1.87 €1.61
$1.06 COP 3,771
76.42%
Oranges (1kg)
$1.68 €1.45
$1.50 COP 5,365
12.00%
Tomato (1kg)
$2.38 €2.05
$1.38 COP 4,915
72.46%
Potato (1kg)
$1.26 €1.08
$1.15 COP 4,104
9.57%
Onion (1kg)
$1.33 €1.15
$1.16 COP 4,148
14.66%
Lettuce (1 head)
$1.09 €0.94
$0.89 COP 3,176
22.47%
Water (1.5 liter bottle)
$0.88 €0.76
$0.84 COP 2,992
4.76%
Cigarettes 20 Pack (Marlboro, Camel)
$5.36 €4.61
$2.28 COP 8,131
135.09%
Wine (Bottle)
$11.70 €10.07
$10.64 COP 37.9K
9.96%
Local Beer (0.5 liter bottle)
$2.00 €1.73
$1.20 COP 4,276
66.67%
Imported Beer (0.33 liter bottle)
$2.80 €2.41
$2.47 COP 8,809
13.36%
🚌 Getting Around
Thessaloniki
Medellin
Difference
One-way Ticket (Public Transport)
$1.05 €0.91
$0.86 COP 3,051
22.09%
Public Transport Monthly Pass (Regular Price)
$30.99 €26.69
$41.40 COP 147.6K
-25.14%
Taxi Start (Normal Tariff)
$4.62 €3.97
$1.47 COP 5,255
214.29%
Taxi (Normal Tariff) (1km)
-
$1.96 COP 6,997
-
Taxi 1hour Waiting (Normal Tariff)
$31.91 €27.48
$7.74 COP 27.6K
312.27%
Gasoline (1 liter)
$2.07 €1.78
$0.95 COP 3,403
117.89%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$31.3K €27.0K
$18.1K COP 64.6M
72.66%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$31.7K €27.3K
$26.5K COP 94.4M
19.51%
🧾 Monthly Utilities & Internet
Thessaloniki
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$213 €183
$82.3 COP 293.2K
159.03%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.13 €22.50
$9.50 COP 33.9K
175.05%
Internet (50+ Mbps, Unlimited Data)
$30.44 €26.21
$24.23 COP 86.4K
25.63%
🎉 Sport & Entertainment
Thessaloniki
Medellin
Difference
Gym Membership (Monthly)
$44.22 €38.07
$25.89 COP 92.3K
70.80%
Tennis Court (1 Hour on Weekend)
$18.69 €16.09
$19.00 COP 67.7K
-1.63%
Cinema Ticket
$9.98 €8.60
$3.93 COP 14.0K
153.94%
🧸 Childcare & Education
Thessaloniki
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$421 €363
$309 COP 1.1M
36.21%
International Primary School, 1 Child (Yearly)
$8,408 €7,240
$5,965 COP 21.3M
40.96%
👕👟 Clothing & Footwear
Thessaloniki
Medellin
Difference
Jeans (Levis 501 Or Similar)
$82.5 €71.0
$58.7 COP 209.1K
40.61%
Summer Dress (H&M, Zara, etc)
$36.95 €31.81
$32.35 COP 115.3K
14.22%
Sport Shoes (Adidas, Nike)
$90.9 €78.2
$103 COP 365.7K
-11.44%
Men's Leather Business Shoes
$115 €99.0
$108 COP 386.5K
6.07%
🏠 Accommodation & Living
Thessaloniki
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$542 €467
$476 COP 1.7M
13.86%
1-bedroom Apartment, Outside City Center (Monthly)
$452 €389
$379 COP 1.4M
19.40%
3-bedroom Apartment, City Center (Monthly)
$940 €809
$838 COP 3.0M
12.11%
3-bedroom Apartment, Outside City Center (Monthly)
$742 €639
$724 COP 2.6M
2.54%
Buy Apartment in City Center (m2)
$3,833 €3,300
$2,791 COP 9.9M
37.34%
Buy Apartment Outside City Center (m2)
$2,909 €2,505
$1,211 COP 4.3M
140.13%
💵 Salaries & Financials
Thessaloniki
Medellin
Difference
Average Monthly Net Salary (After Tax)
$1,193 €1,027
$512 COP 1.8M
133.15%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.68
13.43
-65.15%

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

Last update for Thessaloniki: June 2, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $542 in Thessaloniki versus $476 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 133% higher in Thessaloniki, 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 $58.0 in Thessaloniki versus $33.00 in Medellin. Monthly groceries follow the same trend: $298 vs $188 – making Medellin 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
Thessaloniki vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Thessaloniki?
Yes – Thessaloniki is pricier by about 53%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,319 per month in Thessaloniki and $1,519 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Thessaloniki or Medellin?
A mid-range dinner for two costs $58.0 in Thessaloniki and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Thessaloniki vs Medellin?
Monthly expenses with rent come to $1,546 in Thessaloniki and $1,013 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,500 a realistic budget for Thessaloniki or Medellin?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Thessaloniki at $1,546. In Medellin it covers expenses comfortably, while in Thessaloniki it requires careful planning or may not stretch far enough.
Is Thessaloniki or Medellin more family-friendly?
Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Thessaloniki or Medellin?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Thessaloniki makes more sense. Both are solid long-term options with distinct trade-offs.

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