Cost of Living Comparison Between Torshavn and Medellin Cost of Living Comparison Between Torshavn and Medellin

😐 Solo nomad: Torshavn is 94.7% more expensive than Medellin without rent, and 132.5% more expensive with rent.

😐 Family of 3: Torshavn is 135.5% more expensive than Medellin without rent, and 131.7% more expensive with rent.

Meal at Budget Restaurant

$22.91 FOK 149

$6.23 COP 26K

267.74%

Three-Course Dinner for Two, Mid-Range

$139 FOK 899

$32.34 COP 134.8K

328.26%

Fast Food Meal (McDonalds, etc)

$19.87 FOK 129

$7.39 COP 30.8K

168.88%

Cappuccino

$6.89 FOK 44.71

$1.72 COP 7,155

300.58%

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

$3.23 FOK 20.96

$1.1 COP 4,575

193.64%

Water (0.33 liter bottle)

$2.68 FOK 17.42

$0.73 COP 3,060

267.12%

Local Beer (0.5 liter draught)

$9.55 FOK 62

$1.66 COP 6,916

475.30%

Imported Beer (0.33 liter bottle)

$8.43 FOK 54.7

$3.2 COP 13.3K

163.44%

Milk (1 liter)

$2.25 FOK 14.58

$1.09 COP 4,552

106.42%

White Bread (500g)

$3.89 FOK 25.22

$1.24 COP 5,188

213.71%

Rice (white) (1kg)

$1.91 FOK 12.42

$1.33 COP 5,544

43.61%

Eggs

$5.67 FOK 36.81

$2.22 COP 9,252

155.41%

Local Cheese (1kg)

$12.95 FOK 84.1

$4.55 COP 19K

184.62%

Chicken Fillets (1kg)

$14.23 FOK 92.4

$5.71 COP 23.8K

149.21%

Beef Round Steak (1kg)

$8.59 COP 35.8K

Apples (1kg)

$2.27 FOK 14.7

$2.26 COP 9,410

0.44%

Banana (1kg)

$2.8 FOK 18.18

$1.07 COP 4,461

161.68%

Oranges (1kg)

$3.05 FOK 19.79

$1.51 COP 6,293

101.99%

Tomato (1kg)

$1.81 FOK 11.77

$1.42 COP 5,911

27.46%

Potato (1kg)

$2.76 FOK 17.88

$1.11 COP 4,619

148.65%

Onion (1kg)

$3.45 FOK 22.36

$1.18 COP 4,932

192.37%

Lettuce (1 head)

$2.5 FOK 16.25

$0.89 COP 3,718

180.90%

Water (1.5 liter bottle)

$2.71 FOK 17.57

$0.84 COP 3,507

222.62%

Cigarettes 20 Pack (Marlboro, Camel)

$10.92 FOK 70.8

$2.35 COP 9,809

364.68%

Wine (Bottle)

$12.3 FOK 79.8

$9.34 COP 38.9K

31.69%

Local Beer (0.5 liter bottle)

$2.11 FOK 13.73

$1.18 COP 4,927

78.81%

Imported Beer (0.33 liter bottle)

$3.06 FOK 19.84

$2.49 COP 10.4K

22.89%

One-way Ticket (Public Transport)

$0.83 COP 3,464

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$12.31 FOK 79.9

$1.41 COP 5,899

773.05%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

Gasoline (1 liter)

$2.05 FOK 13.31

$1.02 COP 4,265

100.98%

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

$17.6K COP 73.4M

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

$55K FOK 357.1K

$26.2K COP 109.2M

110.02%

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

$135 FOK 875

$82.5 COP 344.1K

63.29%

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

$39.97 FOK 259

$9.44 COP 39.4K

323.41%

Internet (50+ Mbps, Unlimited Data)

$65 FOK 422

$23.51 COP 98K

176.65%

Gym Membership (Monthly)

$40.7 FOK 264

$25.68 COP 107.1K

58.49%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$16.22 FOK 105

$3.96 COP 16.5K

309.60%

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

$553 FOK 3,591

$305 COP 1.3M

81.53%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

Jeans (Levis 501 Or Similar)

$154 FOK 999

$57.9 COP 241.4K

165.92%

Summer Dress (H&M, Zara, etc)

$62 FOK 403

$31.59 COP 131.7K

96.36%

Sport Shoes (Adidas, Nike)

$167 FOK 1,086

$103 COP 430.1K

62.27%

Men's Leather Business Shoes

$218 FOK 1,416

$106 COP 440.5K

106.45%

1-bedroom Apartment, City Center (Monthly)

$1,114 FOK 7,228

$489 COP 2M

127.57%

1-bedroom Apartment, Outside City Center (Monthly)

$935 FOK 6,065

$379 COP 1.6M

146.57%

3-bedroom Apartment, City Center (Monthly)

$1,947 FOK 12.6K

$827 COP 3.4M

135.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,489 FOK 9,665

$729 COP 3M

104.25%

Buy Apartment in City Center (m2)

$4,058 FOK 26.3K

$2,190 COP 9.1M

85.32%

Buy Apartment Outside City Center (m2)

$3,540 FOK 23K

$1,532 COP 6.4M

131.02%

Average Monthly Net Salary (After Tax)

$2,308 FOK 15K

$550 COP 2.3M

319.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Torshavn: October 28, 2025

Last update for Medellin: October 28, 2025

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