Cost of Living Comparison Between Veliky Novgorod and Medellin Cost of Living Comparison Between Veliky Novgorod and Medellin

Monthly Cost of Living

A single person spends $1,079 per month in Veliky Novgorod vs $1,013 in Medellin, rent included.

A couple spends around $1,649 per month in Veliky Novgorod vs $1,602 in Medellin, rent included.

A family of three spends $2,219 per month in Veliky Novgorod vs $2,192 in Medellin, rent included.

Veliky Novgorod costs about 7% more than Medellin, driven mainly by Clothing & Footwear.

Both Veliky Novgorod and Medellin are more affordable than the global median – Veliky Novgorod 19% lower, Medellin 24% lower.

Currency
🍽 Eating Out
Veliky Novgorod
Medellin
Difference
Meal at Budget Restaurant
$9.63 β‚½703
$5.99 COPΒ 21.4K
60.77%
Three-Course Dinner for Two, Mid-Range
$48.93 β‚½3,571
$32.86 COPΒ 117.4K
48.90%
Fast Food Meal (McDonalds, etc)
$5.75 β‚½420
$7.09 COPΒ 25.3K
-18.90%
Cappuccino
$2.58 β‚½188
$1.71 COPΒ 6,115
50.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.09 β‚½79.2
$1.10 COPΒ 3,924
-0.91%
Water (0.33 liter bottle)
$0.59 β‚½42.78
$0.78 COPΒ 2,781
-24.36%
Local Beer (0.5 liter draught)
$1.87 β‚½137
$1.68 COPΒ 5,997
11.31%
Imported Beer (0.33 liter bottle)
$2.61 β‚½191
$3.07 COPΒ 11.0K
-14.98%
πŸ›’ Groceries & Markets
Veliky Novgorod
Medellin
Difference
Milk (1 liter)
$1.16 β‚½84.8
$1.09 COPΒ 3,906
6.42%
White Bread (500g)
$0.88 β‚½63.9
$1.26 COPΒ 4,508
-30.16%
Rice (white) (1kg)
$1.58 β‚½115
$1.38 COPΒ 4,922
14.49%
Eggs
$1.85 β‚½135
$2.19 COPΒ 7,827
-15.53%
Local Cheese (1kg)
$12.25 β‚½894
$4.40 COPΒ 15.7K
178.41%
Chicken Fillets (1kg)
$3.87 β‚½282
$5.63 COPΒ 20.1K
-31.26%
Beef Round Steak (1kg)
$10.67 β‚½779
$8.89 COPΒ 31.8K
20.02%
Apples (1kg)
$1.68 β‚½123
$2.34 COPΒ 8,349
-28.21%
Banana (1kg)
$1.29 β‚½93.9
$1.06 COPΒ 3,777
21.70%
Oranges (1kg)
$1.98 β‚½144
$1.50 COPΒ 5,374
32.00%
Tomato (1kg)
$3.34 β‚½244
$1.38 COPΒ 4,924
142.03%
Potato (1kg)
$0.88 β‚½64.2
$1.15 COPΒ 4,111
-23.48%
Onion (1kg)
$0.68 β‚½49.53
$1.16 COPΒ 4,155
-41.38%
Lettuce (1 head)
$1.30 β‚½94.9
$0.89 COPΒ 3,182
46.07%
Water (1.5 liter bottle)
$0.77 β‚½56.5
$0.84 COPΒ 2,997
-8.33%
Cigarettes 20 Pack (Marlboro, Camel)
$3.03 β‚½221
$2.28 COPΒ 8,145
32.89%
Wine (Bottle)
$6.80 β‚½496
$10.64 COPΒ 38.0K
-36.09%
Local Beer (0.5 liter bottle)
$1.06 β‚½77.3
$1.20 COPΒ 4,284
-11.67%
Imported Beer (0.33 liter bottle)
$2.03 β‚½148
$2.47 COPΒ 8,824
-17.81%
🚌 Getting Around
Veliky Novgorod
Medellin
Difference
One-way Ticket (Public Transport)
$0.48 β‚½35.23
$0.86 COPΒ 3,056
-44.19%
Public Transport Monthly Pass (Regular Price)
$36.05 β‚½2,631
$41.40 COPΒ 147.9K
-12.92%
Taxi Start (Normal Tariff)
$1.26 β‚½91.6
$1.47 COPΒ 5,264
-14.29%
Taxi (Normal Tariff) (1km)
$0.56 β‚½40.68
$1.96 COPΒ 7,009
-71.43%
Taxi 1hour Waiting (Normal Tariff)
$7.72 β‚½564
$7.74 COPΒ 27.6K
-0.26%
Gasoline (1 liter)
$0.75 β‚½54.7
$0.95 COPΒ 3,409
-21.05%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.6K β‚½2.7M
$18.1K COPΒ 64.7M
107.55%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.8K β‚½2.7M
$26.5K COPΒ 94.6M
39.12%
🧾 Monthly Utilities & Internet
Veliky Novgorod
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$130 β‚½9,517
$82.3 COPΒ 293.7K
58.53%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$6.78 β‚½495
$9.50 COPΒ 33.9K
-28.63%
Internet (50+ Mbps, Unlimited Data)
$7.09 β‚½517
$24.23 COPΒ 86.5K
-70.74%
πŸŽ‰ Sport & Entertainment
Veliky Novgorod
Medellin
Difference
Gym Membership (Monthly)
$31.59 β‚½2,306
$25.89 COPΒ 92.4K
22.02%
Tennis Court (1 Hour on Weekend)
-
$19.00 COPΒ 67.9K
-
Cinema Ticket
$5.59 β‚½408
$3.93 COPΒ 14.0K
42.24%
🧸 Childcare & Education
Veliky Novgorod
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$399 β‚½29.1K
$309 COPΒ 1.1M
28.97%
International Primary School, 1 Child (Yearly)
$9,491 β‚½692.7K
$5,965 COPΒ 21.3M
59.10%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Veliky Novgorod
Medellin
Difference
Jeans (Levis 501 Or Similar)
$98.5 β‚½7,186
$58.7 COPΒ 209.5K
67.83%
Summer Dress (H&M, Zara, etc)
$53.6 β‚½3,910
$32.35 COPΒ 115.5K
65.60%
Sport Shoes (Adidas, Nike)
$117 β‚½8,565
$103 COPΒ 366.4K
14.37%
Men's Leather Business Shoes
$133 β‚½9,736
$108 COPΒ 387.2K
23.02%
🏠 Accommodation & Living
Veliky Novgorod
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$451 β‚½32.9K
$476 COPΒ 1.7M
-5.29%
1-bedroom Apartment, Outside City Center (Monthly)
$306 β‚½22.3K
$379 COPΒ 1.4M
-19.25%
3-bedroom Apartment, City Center (Monthly)
$757 β‚½55.2K
$838 COPΒ 3.0M
-9.74%
3-bedroom Apartment, Outside City Center (Monthly)
$518 β‚½37.8K
$724 COPΒ 2.6M
-28.44%
Buy Apartment in City Center (m2)
$1,713 β‚½125.1K
$2,791 COPΒ 10.0M
-38.60%
Buy Apartment Outside City Center (m2)
$1,359 β‚½99.2K
$1,211 COPΒ 4.3M
12.19%
πŸ’΅ Salaries & Financials
Veliky Novgorod
Medellin
Difference
Average Monthly Net Salary (After Tax)
$834 β‚½60.8K
$512 COPΒ 1.8M
62.87%
20-Year Fixed Mortgage Interest Rate (Annual %)
24.95
13.43
85.78%

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

Last update for Veliky Novgorod: June 1, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $451 in Veliky Novgorod 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 63% higher in Veliky Novgorod, 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 $49.00 in Veliky Novgorod versus $33.00 in Medellin. Monthly groceries follow the same trend: $204 vs $188 – making Medellin the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated March 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Veliky Novgorod vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Veliky Novgorod?
Yes – Veliky Novgorod is pricier by about 7%, and the gap shows up most in Clothing & Footwear. 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 $1,619 per month in Veliky Novgorod 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 Veliky Novgorod or Medellin?
A mid-range dinner for two costs $49.00 in Veliky Novgorod and $33.00 in Medellin. That's a good indicator of the overall restaurant and cafΓ© pricing gap between the two cities.
What are total monthly expenses in Veliky Novgorod vs Medellin?
Monthly expenses with rent come to $1,079 in Veliky Novgorod 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 Veliky Novgorod or Medellin?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Veliky Novgorod at $1,079. In Medellin it covers expenses comfortably, while in Veliky Novgorod it requires careful planning or may not stretch far enough.
Is Veliky Novgorod 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, Veliky Novgorod 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, Veliky Novgorod makes more sense. Both are solid long-term options with distinct trade-offs.

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