Cost of Living Comparison Between Volos and Medellin Cost of Living Comparison Between Volos and Medellin

Monthly Cost of Living

A single person spends $1,604 per month in Volos vs $1,681 in Medellin, rent included.

A couple spends around $2,443 per month in Volos vs $2,445 in Medellin, rent included.

A family of three spends $3,282 per month in Volos vs $3,210 in Medellin, rent included.

Volos is about 5% cheaper than Medellin, driven mainly by Eating Out.

Both Volos and Medellin sit above the global median – Volos by 17%, Medellin by 23%.

Meal at Budget Restaurant

$20.67 €18.01

$8.02 COP 25.0K

157.73%

Three-Course Dinner for Two, Mid-Range

$57.4 €50.1

$47.87 COP 149.4K

19.97%

Fast Food Meal (McDonalds, etc)

$10.50 €9.15

$9.89 COP 30.8K

6.17%

Cappuccino

$4.66 €4.06

$3.13 COP 9,767

48.88%

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

$2.76 €2.40

$1.91 COP 5,954

44.50%

Water (0.33 liter bottle)

$0.64 €0.56

$1.51 COP 4,712

-57.62%

Local Beer (0.5 liter draught)

$5.87 €5.12

$3.12 COP 9,747

88.14%

Imported Beer (0.33 liter bottle)

$5.92 €5.16

$5.75 COP 17.9K

2.96%

Milk (1 liter)

$1.60 €1.40

$1.44 COP 4,509

11.11%

White Bread (500g)

$1.53 €1.33

$2.49 COP 7,759

-38.55%

Rice (white) (1kg)

$2.90 €2.53

$1.77 COP 5,535

63.84%

Eggs

$4.74 €4.14

$2.96 COP 9,235

60.14%

Local Cheese (1kg)

$13.37 €11.65

$10.07 COP 31.4K

32.77%

Chicken Fillets (1kg)

$10.63 €9.27

$10.12 COP 31.6K

5.04%

Beef Round Steak (1kg)

$15.25 €13.30

$14.30 COP 44.6K

6.64%

Apples (1kg)

$2.48 €2.16

$4.14 COP 12.9K

-40.10%

Banana (1kg)

$2.00 €1.75

$1.61 COP 5,019

24.22%

Oranges (1kg)

$1.69 €1.47

$2.25 COP 7,007

-24.89%

Tomato (1kg)

$2.09 €1.82

$2.25 COP 7,028

-7.11%

Potato (1kg)

$0.92 €0.80

$2.04 COP 6,375

-54.90%

Onion (1kg)

$1.06 €0.92

$1.54 COP 4,790

-31.17%

Lettuce (1 head)

$0.89 €0.78

$1.17 COP 3,651

-23.93%

Water (1.5 liter bottle)

$1.11 €0.97

$1.31 COP 4,077

-15.27%

Cigarettes 20 Pack (Marlboro, Camel)

$5.35 €4.66

$3.90 COP 12.2K

37.18%

Wine (Bottle)

$9.18 €8.00

$14.01 COP 43.7K

-34.48%

Local Beer (0.5 liter bottle)

$2.24 €1.95

$1.74 COP 5,439

28.74%

Imported Beer (0.33 liter bottle)

$2.40 €2.09

$2.87 COP 8,956

-16.38%

One-way Ticket (Public Transport)

$1.36 €1.18

$1.22 COP 3,792

11.48%

Public Transport Monthly Pass (Regular Price)

$61.7 €53.8

$80.5 COP 251.1K

-23.35%

Taxi Start (Normal Tariff)

$4.06 €3.54

$1.31 COP 4,084

209.92%

Taxi (Normal Tariff) (1km)

$1.02 €0.89

$2.19 COP 6,825

-53.42%

Taxi 1hour Waiting (Normal Tariff)

$20.52 €17.88

$8.71 COP 27.2K

135.59%

Gasoline (1 liter)

$2.16 €1.88

$1.37 COP 4,260

57.66%

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

$28.9K €25.2K

$27.8K COP 86.9M

3.94%

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

$25.7K €22.4K

$35.8K COP 111.6M

-28.26%

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

$217 €189

$177 COP 553.2K

22.44%

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

$23.49 €20.47

$13.88 COP 43.3K

69.24%

Internet (50+ Mbps, Unlimited Data)

$30.15 €26.28

$29.72 COP 92.8K

1.45%

Gym Membership (Monthly)

$55.5 €48.34

$44.88 COP 140.1K

23.57%

Tennis Court (1 Hour on Weekend)

$47.29 €41.23

$17.12 COP 53.4K

176.23%

Cinema Ticket

$9.44 €8.23

$6.65 COP 20.7K

41.95%

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

$285 €248

$813 COP 2.5M

-64.98%

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

Jeans (Levis 501 Or Similar)

$99.8 €87.0

$89.5 COP 279.3K

11.49%

Summer Dress (H&M, Zara, etc)

$59.4 €51.8

$59.0 COP 184.0K

0.80%

Sport Shoes (Adidas, Nike)

$90.5 €78.9

$138 COP 431.2K

-34.50%

Men's Leather Business Shoes

$91.4 €79.6

$102 COP 318.7K

-10.56%

1-bedroom Apartment, City Center (Monthly)

$528 €460

$1,062 COP 3.3M

-50.28%

1-bedroom Apartment, Outside City Center (Monthly)

$404 €352

$663 COP 2.1M

-39.01%

3-bedroom Apartment, City Center (Monthly)

$763 €665

$1,888 COP 5.9M

-59.60%

3-bedroom Apartment, Outside City Center (Monthly)

$612 €534

$1,027 COP 3.2M

-40.37%

Buy Apartment in City Center (m2)

$2,525 €2,201

$4,183 COP 13.1M

-39.63%

Buy Apartment Outside City Center (m2)

$1,676 €1,461

$1,675 COP 5.2M

0.05%

Average Monthly Net Salary (After Tax)

$1,053 €918

$678 COP 2.1M

55.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

10.94

-59.14%

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

Last update for Volos: September 14, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $528 in Volos versus $1,062 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 55% higher in Volos, 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 $57.0 in Volos versus $48.00 in Medellin. Groceries tell a different story – $299 in Volos vs $305 in Medellin – so Volos wins on supermarket bills even if dining out costs more.

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

Volos vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 5%, 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 $2,406 per month in Volos and $2,521 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Volos, 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 $57.0 in Volos and $48.00 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 $1,604 in Volos and $1,681 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $3,000 monthly budget goes further in Volos, where all-in costs run around $1,604, than in Medellin at $1,681. In Volos it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Volos – 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 Volos. 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.