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

😐 Solo nomad: Torshavn is 109.7% more expensive than Medellin without rent, and 119.4% more expensive with rent.

😐 Family of 3: Torshavn is 166.8% more expensive than Medellin without rent, and 129.7% more expensive with rent.

Meal at Budget Restaurant

$23.11 FOK 149

$6.03 COP 22.8K

283.25%

Three-Course Dinner for Two, Mid-Range

$138 FOK 893

$33.17 COP 125.6K

316.61%

Fast Food Meal (McDonalds, etc)

$20.42 FOK 132

$7.29 COP 27.6K

180.11%

Cappuccino

$7.13 FOK 46.04

$1.63 COP 6,170

337.42%

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

$3.17 FOK 20.49

$1.05 COP 3,971

201.90%

Water (0.33 liter bottle)

$2.69 FOK 17.36

$0.77 COP 2,916

249.35%

Local Beer (0.5 liter draught)

$9.08 FOK 58.6

$1.73 COP 6,550

424.86%

Imported Beer (0.33 liter bottle)

$8.30 FOK 53.6

$3.18 COP 12.0K

161.01%

Milk (1 liter)

$2.26 FOK 14.57

$1.07 COP 4,040

111.21%

White Bread (500g)

$4.07 FOK 26.30

$1.31 COP 4,965

210.69%

Rice (white) (1kg)

$1.87 FOK 12.11

$1.38 COP 5,227

35.51%

Eggs

$5.65 FOK 36.52

$2.25 COP 8,509

151.11%

Local Cheese (1kg)

$12.76 FOK 82.4

$4.48 COP 17.0K

184.82%

Chicken Fillets (1kg)

$14.15 FOK 91.4

$5.74 COP 21.7K

146.52%

Beef Round Steak (1kg)

$8.86 COP 33.6K

Apples (1kg)

$2.27 FOK 14.64

$2.24 COP 8,490

1.34%

Banana (1kg)

$2.86 FOK 18.48

$1.06 COP 4,012

169.81%

Oranges (1kg)

$3.18 FOK 20.55

$1.51 COP 5,732

110.60%

Tomato (1kg)

$1.82 FOK 11.74

$1.36 COP 5,151

33.82%

Potato (1kg)

$2.86 FOK 18.50

$1.12 COP 4,244

155.36%

Onion (1kg)

$3.36 FOK 21.74

$1.17 COP 4,427

187.18%

Lettuce (1 head)

$2.55 FOK 16.49

$0.90 COP 3,416

183.33%

Water (1.5 liter bottle)

$2.66 FOK 17.21

$0.84 COP 3,169

216.67%

Cigarettes 20 Pack (Marlboro, Camel)

$10.79 FOK 69.7

$2.26 COP 8,553

377.43%

Wine (Bottle)

$12.29 FOK 79.4

$9.97 COP 37.8K

23.27%

Local Beer (0.5 liter bottle)

$2.20 FOK 14.22

$1.18 COP 4,479

86.44%

Imported Beer (0.33 liter bottle)

$3.14 FOK 20.31

$2.39 COP 9,048

31.38%

One-way Ticket (Public Transport)

$0.86 COP 3,253

Public Transport Monthly Pass (Regular Price)

$41.45 COP 156.9K

Taxi Start (Normal Tariff)

$12.57 FOK 81.2

$1.47 COP 5,555

755.10%

Taxi (Normal Tariff) (1km)

$1.95 COP 7,367

Taxi 1hour Waiting (Normal Tariff)

$7.76 COP 29.4K

Gasoline (1 liter)

$2.05 FOK 13.27

$0.97 COP 3,663

111.34%

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

$17.9K COP 68.0M

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

$54.9K FOK 354.4K

$26.7K COP 101.2M

105.31%

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

$135 FOK 869

$81.1 COP 307.1K

65.92%

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

$41.09 FOK 265

$9.40 COP 35.6K

337.13%

Internet (50+ Mbps, Unlimited Data)

$66.6 FOK 430

$23.61 COP 89.4K

182.17%

Gym Membership (Monthly)

$40.01 FOK 259

$25.55 COP 96.7K

56.59%

Tennis Court (1 Hour on Weekend)

$19.29 COP 73.0K

Cinema Ticket

$16.32 FOK 105

$4.10 COP 15.5K

298.05%

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

$569 FOK 3,675

$306 COP 1.2M

85.85%

International Primary School, 1 Child (Yearly)

$5,899 COP 22.3M

Jeans (Levis 501 Or Similar)

$152 FOK 981

$59.8 COP 226.5K

153.73%

Summer Dress (H&M, Zara, etc)

$61.9 FOK 400

$31.96 COP 121.0K

93.71%

Sport Shoes (Adidas, Nike)

$167 FOK 1,082

$103 COP 388.8K

63.04%

Men's Leather Business Shoes

$226 FOK 1,462

$108 COP 408.4K

109.82%

1-bedroom Apartment, City Center (Monthly)

$1,098 FOK 7,091

$483 COP 1.8M

127.16%

1-bedroom Apartment, Outside City Center (Monthly)

$933 FOK 6,024

$377 COP 1.4M

147.13%

3-bedroom Apartment, City Center (Monthly)

$1,906 FOK 12.3K

$822 COP 3.1M

132.03%

3-bedroom Apartment, Outside City Center (Monthly)

$1,505 FOK 9,723

$721 COP 2.7M

108.77%

Buy Apartment in City Center (m2)

$3,982 FOK 25.7K

$2,784 COP 10.5M

43.05%

Buy Apartment Outside City Center (m2)

$4,748 FOK 30.7K

$1,320 COP 5.0M

259.69%

Average Monthly Net Salary (After Tax)

$2,382 FOK 15.4K

$538 COP 2.0M

343.14%

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: March 1, 2026

Last update for Medellin: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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