Medellín VS Stockholm

Cost of Living & Salary Comparison 2026

Medellín
Colombia
20.4
COLI Index
#109
Global Rank
COP
Currency
Stockholm
Sweden
64.3
COLI Index
#34
Global Rank
SEK
Currency

Key Differences

Cost of Living
20.4
64.3
1BR Rent (USD/mo)
$350
$1,500
Total Deductions
13.2%
39.0%
Exchange Rate
1 COP = 0.0022 SEK
Is Medellín cheaper than Stockholm?

Yes, Medellín is 68% cheaper than Stockholm based on our cost of living index. Medellín has a COLI of 20.4, while Stockholm has a COLI of 64.3. 68% cheaper

Key Takeaways: Medellín vs Stockholm

Overall, Medellín is approximately 68% cheaper than Stockholm based on our cost of living index. Medellín has a COLI of 20.4 (ranked #109 of 182 cities), while Stockholm has a COLI of 64.3 (ranked #34).

When it comes to housing, one-bedroom apartment rent in Medellín averages $350/month compared to $1,500/month in Stockholm. That makes Medellín approximately 77% cheaper for rent alone.

Medellín has lower total deductions (13.2%) compared to Stockholm (39.0%), meaning you keep more of your gross salary in Medellín. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Medellín

Income Tax
5%
Health + Pension
8.0%
Total: 13.2%Take-Home: COP 55,208,871/yr

Stockholm

Income Tax
32%
Employee Social Fees
7.0%
Total: 39.0%Take-Home: kr 267,812/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn COP 311,746,988 in Medellín, you would need approximately kr 2,152,139 in Stockholm to maintain the same purchasing power. That is 68% more due to higher cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Medellín (COP) Stockholm (SEK)
Doctor (General) COP 152,631,325 kr 1,053,687
Software Engineer COP 72,075,904 kr 497,575
Product Manager COP 84,795,181 kr 585,382
Lawyer COP 84,795,181 kr 585,382
Data Scientist COP 80,555,422 kr 556,113
Marketing Manager COP 61,052,530 kr 421,475
Teacher COP 40,701,687 kr 280,983
Nurse COP 49,181,205 kr 339,521

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Medellín (Top 5)

NeighborhoodMultiplier
El Poblado1.30x (+30%)
San Lucas1.18x (+18%)
Provenza1.15x (+15%)
Laureles1.12x (+12%)
Envigado1.08x (+8%)

Stockholm (Top 5)

NeighborhoodMultiplier
Östermalm1.32x (+32%)
Norrmalm1.22x (+22%)
Gamla Stan1.20x (+20%)
Djurgården1.18x (+18%)
Södermalm1.15x (+15%)

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Frequently Asked Questions

Is Medellín or Stockholm more expensive?

Stockholm is more expensive overall. Medellín has a COLI of 20.4 while Stockholm has a COLI of 64.3, making Medellín approximately 68% cheaper.

What salary in Stockholm equals COP 311,746,988 in Medellín?

To maintain the same standard of living as COP 311,746,988 in Medellín, you would need approximately kr 2,152,139 in Stockholm.

Is rent cheaper in Medellín or Stockholm?

Average one-bedroom rent in Medellín is $350/month compared to $1,500/month in Stockholm. Medellín has lower rent by approximately 77%.

Which city has lower taxes, Medellín or Stockholm?

Medellín has lower total deductions (13.2%) compared to Stockholm (39.0%), meaning you keep more of your gross salary in Medellín.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.