Last update: Oct 2026

Cost of Living Comparison Between Yerevan and Medellin

For one person, living costs are similar in Yerevan and in Medellin: $1,570 and $1,639 a month, rent and utilities included.

Yerevan, Armenia
Medellin, Colombia
Yerevan
🇦🇲 Armenia
$1,570
/mo nomad
Medellin
🇨🇴 Colombia
$1,639
/mo nomad
Monthly Cost of Living

How much you'll spend in Yerevan and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Yerevan and in Medellin actually costs, broken down by who's living it.

A single person spends $1,570 per month in Yerevan vs $1,639 in Medellin, rent included.

  • Yerevan $1,570
  • Medellin $1,639

A couple spends around $2,272 per month in Yerevan vs $2,413 in Medellin, rent included.

  • Yerevan $2,272
  • Medellin $2,413

A family of three spends $2,974 per month in Yerevan vs $3,186 in Medellin, rent included.

  • Yerevan $2,974
  • Medellin $3,186

Yerevan is about 4% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Both Yerevan and Medellin sit above the global median – Yerevan by 15%, Medellin by 20%.

Currency
🍽 Eating Out
Yerevan
Medellin
Difference
Meal at Budget Restaurant
$11.24 ֏4,053
$8.09 COP 25.4K
38.94%
Three-Course Dinner for Two, Mid-Range
$49.35 ֏17.8K
$47.05 COP 148.0K
4.89%
Fast Food Meal (McDonalds, etc)
$9.93 ֏3,578
$9.50 COP 29.9K
4.53%
Cappuccino
$3.70 ֏1,335
$3.01 COP 9,485
22.92%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.19 ֏429
$1.80 COP 5,660
-33.89%
Water (0.33 liter bottle)
$0.66 ֏236
$1.41 COP 4,443
-53.19%
Local Beer (0.5 liter draught)
$2.70 ֏975
$3.18 COP 9,990
-15.09%
Imported Beer (0.33 liter bottle)
$3.30 ֏1,190
$5.75 COP 18.1K
-42.61%
🛒 Groceries & Markets
Yerevan
Medellin
Difference
Milk (1 liter)
$1.60 ֏575
$1.51 COP 4,751
5.96%
White Bread (500g)
$0.98 ֏353
$2.38 COP 7,480
-58.82%
Rice (white) (1kg)
$2.24 ֏806
$1.77 COP 5,573
26.55%
Eggs
$2.75 ֏990
$2.89 COP 9,093
-4.84%
Local Cheese (1kg)
$8.35 ֏3,011
$10.19 COP 32.1K
-18.06%
Chicken Fillets (1kg)
$7.64 ֏2,752
$9.87 COP 31.1K
-22.59%
Beef Round Steak (1kg)
$14.04 ֏5,060
$13.99 COP 44.0K
0.36%
Apples (1kg)
$1.48 ֏533
$3.97 COP 12.5K
-62.72%
Banana (1kg)
$1.75 ֏629
$1.55 COP 4,883
12.90%
Oranges (1kg)
$1.93 ֏697
$2.18 COP 6,867
-11.47%
Tomato (1kg)
$2.50 ֏900
$2.18 COP 6,870
14.68%
Potato (1kg)
$0.73 ֏263
$1.96 COP 6,174
-62.76%
Onion (1kg)
$0.68 ֏247
$1.59 COP 5,000
-57.23%
Lettuce (1 head)
$0.98 ֏353
$1.15 COP 3,604
-14.78%
Water (1.5 liter bottle)
$0.74 ֏268
$1.24 COP 3,911
-40.32%
Cigarettes 20 Pack (Marlboro, Camel)
$2.79 ֏1,007
$3.96 COP 12.5K
-29.55%
Wine (Bottle)
$9.53 ֏3,435
$13.68 COP 43.0K
-30.34%
Local Beer (0.5 liter bottle)
$1.51 ֏545
$1.66 COP 5,221
-9.04%
Imported Beer (0.33 liter bottle)
$2.04 ֏736
$2.26 COP 7,103
-9.73%
🚌 Getting Around
Yerevan
Medellin
Difference
One-way Ticket (Public Transport)
$0.44 ֏158
$1.17 COP 3,674
-62.39%
Public Transport Monthly Pass (Regular Price)
$25.12 ֏9,053
$77.4 COP 243.4K
-67.53%
Taxi Start (Normal Tariff)
$1.35 ֏487
$1.27 COP 3,989
6.30%
Taxi (Normal Tariff) (1km)
$0.57 ֏204
$2.05 COP 6,442
-72.20%
Taxi 1hour Waiting (Normal Tariff)
$13.13 ֏4,734
$8.55 COP 26.9K
53.57%
Gasoline (1 liter)
$1.61 ֏579
$1.35 COP 4,237
19.26%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.7K ֏12.5M
$34.1K COP 107.2M
1.79%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$29.6K ֏10.7M
$34.7K COP 109.1M
-14.62%
🧾 Monthly Utilities & Internet
Yerevan
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$123 ֏44.2K
$170 COP 533.7K
-27.78%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$8.95 ֏3,228
$13.55 COP 42.6K
-33.95%
Internet (50+ Mbps, Unlimited Data)
$23.92 ֏8,621
$28.07 COP 88.3K
-14.78%
🎉 Sport & Entertainment
Yerevan
Medellin
Difference
Gym Membership (Monthly)
$70.2 ֏25.3K
$43.70 COP 137.5K
60.73%
Tennis Court (1 Hour on Weekend)
$33.68 ֏12.1K
$17.19 COP 54.1K
95.93%
Cinema Ticket
$8.09 ֏2,917
$6.91 COP 21.7K
17.08%
🧸 Childcare & Education
Yerevan
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$343 ֏123.6K
$797 COP 2.5M
-56.95%
International Primary School, 1 Child (Yearly)
$10.1K ֏3.7M
$9,112 COP 28.7M
11.29%
👕👟 Clothing & Footwear
Yerevan
Medellin
Difference
Jeans (Levis 501 Or Similar)
$102 ֏36.8K
$84.7 COP 266.5K
20.48%
Summer Dress (H&M, Zara, etc)
$56.7 ֏20.4K
$58.0 COP 182.3K
-2.16%
Sport Shoes (Adidas, Nike)
$127 ֏45.8K
$135 COP 424.6K
-5.79%
Men's Leather Business Shoes
$150 ֏54.1K
$97.9 COP 307.9K
53.41%
🏠 Accommodation & Living
Yerevan
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,078 ֏388.5K
$1,208 COP 3.8M
-10.75%
1-bedroom Apartment, Outside City Center (Monthly)
$673 ֏242.6K
$642 COP 2.0M
4.93%
3-bedroom Apartment, City Center (Monthly)
$1,450 ֏522.6K
$2,028 COP 6.4M
-28.48%
3-bedroom Apartment, Outside City Center (Monthly)
$922 ֏332.4K
$1,012 COP 3.2M
-8.85%
Buy Apartment in City Center (m2)
$3,199 ֏1.2M
$4,170 COP 13.1M
-23.29%
Buy Apartment Outside City Center (m2)
$1,675 ֏603.6K
$1,910 COP 6.0M
-12.34%
💵 Salaries & Financials
Yerevan
Medellin
Difference
Average Monthly Net Salary (After Tax)
$680 ֏245.0K
$657 COP 2.1M
3.45%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.42
10.94
22.67%

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

Last update for Yerevan: October 26, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Yerevan
$673
Medellin
$642 4.7% $32
Groceries & Markets
Yerevan
$236
Medellin
$297 25.7% $61
Clothing & Footwear
Yerevan
$196
Medellin
$169 13.9% $27
Eating Out
Yerevan
$192
Medellin
$170 11.5% $22
Monthly Utilities & Internet
Yerevan
$155
Medellin
$211 36% $56
Sport & Entertainment
Yerevan
$86
Medellin
$58 33.4% $29
Getting Around
Yerevan
$31
Medellin
$94 201% $63

Cost Breakdown

A central one-bedroom costs $1,078 in Yerevan versus $1,208 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 3% higher in Yerevan, 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 $49 in Yerevan versus $47 in Medellin. Groceries tell a different story – $236 in Yerevan vs $297 in Medellin – so Yerevan wins on supermarket bills even if dining out costs more.

Good to know
🇦🇲 Yerevan
🇨🇴 Medellin
🕒 Local time
21:44 9:44 PM
12:44 12:44 PM
9 h behind Yerevan
🌤 Weather
👥 Population
1,129,300 Capital
2,486,723
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to AMD – Armenian Dram Converter

Armenian Dram exchange rates as of October 28, 2026: 1 USD = 360 AMD (1,000 AMD = 2.77 USD). 1 EUR = 401 AMD (1,000 AMD = 2.49 EUR).

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

On the map
Between locations
  • Yerevan Medellin 12,020 km ≈ 16 h nonstop flight
From you
  • Yerevan
  • Medellin

Distances are measured in a straight line. Your location is detected approximately.

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
Yerevan vs Medellin: Cost of Living - Frequently Asked Questions
Is Yerevan cheaper than Medellin?
Yes – Medellin is pricier by about 4%, and outside of rent the gap shows up most in transport.
What income do you need for each city?
For a comfortable life, plan on about $2,355 per month in Yerevan and $2,459 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 Yerevan, especially for central apartments: a one-bedroom in the center costs $1,078 there versus $1,208 in Medellin.
Is eating out cheaper in Yerevan or in Medellin?
A mid-range dinner for two costs $49 in Yerevan and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Yerevan and in Medellin?
Monthly expenses with rent come to $1,570 in Yerevan and $1,639 in Medellin. That’s a gap of about 4%.
Is $2,000 enough for either Yerevan or Medellin?
$2,000 covers both cities comfortably – all-in costs are $1,570 in Yerevan and $1,639 in Medellin, leaving budget for savings and extras in both cases.
Is Yerevan or Medellin more family-friendly?
Families tend to lean toward Yerevan – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Yerevan vs other spots: cost of living compared

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