Cost of Living Comparison Between Veliko Tarnovo and Medellin Cost of Living Comparison Between Veliko Tarnovo and Medellin

Monthly Cost of Living

A single person spends $971 per month in Veliko Tarnovo vs $1,031 in Medellin, rent included.

A couple spends around $1,528 per month in Veliko Tarnovo vs $1,599 in Medellin, rent included.

A family of three spends $2,085 per month in Veliko Tarnovo vs $2,167 in Medellin, rent included.

Veliko Tarnovo is about 6% cheaper than Medellin, driven mainly by Eating Out.

Both Veliko Tarnovo and Medellin are more affordable than the global median – Veliko Tarnovo 27% lower, Medellin 23% lower.

Meal at Budget Restaurant

$10.37 BGN 17.25

$6.16 COP 20.1K

68.34%

Three-Course Dinner for Two, Mid-Range

$40.59 BGN 67.5

$32.60 COP 106.1K

24.51%

Fast Food Meal (McDonalds, etc)

$9.09 BGN 15.11

$7.34 COP 23.9K

23.84%

Cappuccino

$1.87 BGN 3.10

$1.72 COP 5,600

8.72%

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

$1.38 BGN 2.29

$1.05 COP 3,420

31.43%

Water (0.33 liter bottle)

$0.66 BGN 1.10

$0.77 COP 2,515

-14.29%

Local Beer (0.5 liter draught)

$1.93 BGN 3.22

$1.69 COP 5,488

14.20%

Imported Beer (0.33 liter bottle)

$2.99 BGN 4.97

$3.17 COP 10.3K

-5.68%

Milk (1 liter)

$1.68 BGN 2.80

$1.05 COP 3,423

60.00%

White Bread (500g)

$0.91 BGN 1.51

$1.30 COP 4,236

-30.00%

Rice (white) (1kg)

$1.97 BGN 3.28

$1.40 COP 4,544

40.71%

Eggs

$3.28 BGN 5.46

$2.16 COP 7,047

51.85%

Local Cheese (1kg)

$9.50 BGN 15.80

$4.39 COP 14.3K

116.40%

Chicken Fillets (1kg)

$7.88 BGN 13.10

$5.88 COP 19.1K

34.01%

Beef Round Steak (1kg)

$11.50 BGN 19.14

$8.64 COP 28.1K

33.10%

Apples (1kg)

$1.65 BGN 2.75

$2.28 COP 7,426

-27.63%

Banana (1kg)

$2.06 BGN 3.42

$1.11 COP 3,604

85.59%

Oranges (1kg)

$2.01 BGN 3.35

$1.53 COP 4,983

31.37%

Tomato (1kg)

$2.49 BGN 4.14

$1.35 COP 4,410

84.44%

Potato (1kg)

$1.20 BGN 2.00

$1.13 COP 3,674

6.19%

Onion (1kg)

$1.35 BGN 2.25

$1.13 COP 3,692

19.47%

Lettuce (1 head)

$1.01 BGN 1.67

$0.85 COP 2,753

18.82%

Water (1.5 liter bottle)

$0.80 BGN 1.32

$0.91 COP 2,975

-12.09%

Cigarettes 20 Pack (Marlboro, Camel)

$3.58 BGN 5.95

$2.34 COP 7,630

52.99%

Wine (Bottle)

$6.64 BGN 11.04

$12.37 COP 40.3K

-46.32%

Local Beer (0.5 liter bottle)

$0.95 BGN 1.58

$1.20 COP 3,909

-20.83%

Imported Beer (0.33 liter bottle)

$1.61 BGN 2.68

$2.49 COP 8,104

-35.34%

One-way Ticket (Public Transport)

$0.86 BGN 1.43

$0.84 COP 2,728

2.38%

Public Transport Monthly Pass (Regular Price)

$34.46 BGN 57.3

$40.57 COP 132.1K

-15.06%

Taxi Start (Normal Tariff)

$1.21 BGN 2.01

$1.42 COP 4,623

-14.79%

Taxi (Normal Tariff) (1km)

$0.62 BGN 1.02

$1.92 COP 6,235

-67.71%

Taxi 1hour Waiting (Normal Tariff)

$11.97 BGN 19.91

$7.66 COP 24.9K

56.27%

Gasoline (1 liter)

$1.56 BGN 2.60

$0.99 COP 3,223

57.58%

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

$32.0K BGN 53.3K

$18.0K COP 58.7M

77.58%

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

$26.1K BGN 43.4K

$26.6K COP 86.7M

-2.03%

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

$93.9 BGN 156

$80.8 COP 263.1K

16.21%

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

$16.63 BGN 27.67

$9.95 COP 32.4K

67.14%

Internet (50+ Mbps, Unlimited Data)

$13.38 BGN 22.26

$24.18 COP 78.7K

-44.67%

Gym Membership (Monthly)

$35.95 BGN 59.8

$25.08 COP 81.7K

43.34%

Tennis Court (1 Hour on Weekend)

$21.78 BGN 36.24

$19.15 COP 62.3K

13.73%

Cinema Ticket

$7.00 BGN 11.65

$3.98 COP 13.0K

75.88%

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

$233 BGN 388

$305 COP 993.5K

-23.67%

International Primary School, 1 Child (Yearly)

$4,168 BGN 6,934

$6,059 COP 19.7M

-31.21%

Jeans (Levis 501 Or Similar)

$43.83 BGN 72.9

$58.1 COP 189.2K

-24.60%

Summer Dress (H&M, Zara, etc)

$29.93 BGN 49.78

$32.20 COP 104.8K

-7.05%

Sport Shoes (Adidas, Nike)

$82.4 BGN 137

$101 COP 327.9K

-18.17%

Men's Leather Business Shoes

$71.5 BGN 119

$108 COP 350.8K

-33.63%

1-bedroom Apartment, City Center (Monthly)

$364 BGN 606

$477 COP 1.6M

-23.59%

1-bedroom Apartment, Outside City Center (Monthly)

$254 BGN 422

$376 COP 1.2M

-32.57%

3-bedroom Apartment, City Center (Monthly)

$577 BGN 960

$845 COP 2.7M

-31.69%

3-bedroom Apartment, Outside City Center (Monthly)

$435 BGN 724

$730 COP 2.4M

-40.40%

Buy Apartment in City Center (m2)

$2,514 BGN 4,182

$3,215 COP 10.5M

-21.83%

Buy Apartment Outside City Center (m2)

$1,388 BGN 2,309

$1,372 COP 4.5M

1.13%

Average Monthly Net Salary (After Tax)

$923 BGN 1,536

$617 COP 2.0M

49.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.57

13.43

-65.97%

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

Last update for Veliko Tarnovo: July 12, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $364 in Veliko Tarnovo versus $477 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 50% higher in Veliko Tarnovo, 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 $41.00 in Veliko Tarnovo versus $33.00 in Medellin. Monthly groceries follow the same trend: $232 vs $193 – 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

Veliko Tarnovo vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 6%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,457 per month in Veliko Tarnovo and $1,546 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Veliko Tarnovo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $41.00 in Veliko Tarnovo and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $971 in Veliko Tarnovo and $1,031 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Veliko Tarnovo, where all-in costs run around $971, than in Medellin at $1,031. In Veliko Tarnovo it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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

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.

If budget matters most, go with Veliko Tarnovo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.