Last update: Nov 2026

Cost of Living Comparison Between Balzan and Medellin

For one person, living is cheaper in Medellin: $1,692 a month against $1,908 in Balzan, rent and utilities included – about $2,600 less a year. Higher rent and utilities in Balzan outweigh lower spending on other living expenses.

91

Cost of Living Index in Balzan
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Balzan Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Balzan

🇲🇹 Malta

$1,908

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

How much you'll spend in Balzan 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 Balzan and in Medellin actually costs, broken down by who's living it.

A single person spends $1,908 per month in Balzan vs $1,692 in Medellin, rent included.

Balzan $1,908
Medellin $1,692

A couple spends around $2,889 per month in Balzan vs $2,471 in Medellin, rent included.

Balzan $2,889
Medellin $2,471

A family of three spends $3,870 per month in Balzan vs $3,249 in Medellin, rent included.

Balzan $3,870
Medellin $3,249

Balzan costs about 13% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Balzan and Medellin sit above the global median – Balzan by 41%, Medellin by 25%.

Meal at Budget Restaurant

$18.29 €16.28

$8.34 COP 26.9K

119.30%

Three-Course Dinner for Two, Mid-Range

$88.9 €79.1

$46.53 COP 150.3K

91.00%

Fast Food Meal (McDonalds, etc)

$11.99 €10.67

$9.47 COP 30.6K

26.61%

Cappuccino

$3.13 €2.78

$3.13 COP 10.1K

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

$1.97 €1.76

$1.77 COP 5,705

11.30%

Water (0.33 liter bottle)

$1.02 €0.91

$1.42 COP 4,601

-28.17%

Local Beer (0.5 liter draught)

$3.31 €2.95

$3.15 COP 10.2K

5.08%

Imported Beer (0.33 liter bottle)

$2.58 €2.30

$5.70 COP 18.4K

-54.74%

Milk (1 liter)

$1.22 €1.08

$1.53 COP 4,950

-20.26%

White Bread (500g)

$0.96 €0.86

$2.29 COP 7,401

-58.08%

Rice (white) (1kg)

$3.42 €3.04

$1.94 COP 6,282

76.29%

Eggs

$4.34 €3.86

$3.07 COP 9,905

41.37%

Local Cheese (1kg)

$10.46 €9.31

$9.99 COP 32.3K

4.70%

Chicken Fillets (1kg)

$8.96 €7.98

$10.45 COP 33.7K

-14.26%

Beef Round Steak (1kg)

$12.54 €11.16

$13.96 COP 45.1K

-10.17%

Apples (1kg)

$2.50 €2.22

$4.05 COP 13.1K

-38.27%

Banana (1kg)

$1.96 €1.75

$1.53 COP 4,937

28.10%

Oranges (1kg)

$1.71 €1.52

$2.10 COP 6,797

-18.57%

Tomato (1kg)

$1.15 €1.02

$2.29 COP 7,409

-49.78%

Potato (1kg)

$0.93 €0.83

$2.11 COP 6,813

-55.92%

Onion (1kg)

$0.90 €0.80

$1.71 COP 5,521

-47.37%

Lettuce (1 head)

$0.87 €0.77

$1.17 COP 3,780

-25.64%

Water (1.5 liter bottle)

$0.98 €0.87

$1.58 COP 5,104

-37.97%

Cigarettes 20 Pack (Marlboro, Camel)

$6.11 €5.44

$3.91 COP 12.6K

56.27%

Wine (Bottle)

$5.91 €5.27

$14.04 COP 45.4K

-57.91%

Local Beer (0.5 liter bottle)

$1.09 €0.97

$1.76 COP 5,690

-38.07%

Imported Beer (0.33 liter bottle)

$1.44 €1.28

$2.71 COP 8,760

-46.86%

One-way Ticket (Public Transport)

$3.11 €2.77

$1.18 COP 3,811

163.56%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.4K

Taxi Start (Normal Tariff)

$2.25 €2.01

$1.81 COP 5,836

24.31%

Taxi (Normal Tariff) (1km)

$1.81 €1.61

$2.13 COP 6,878

-15.02%

Taxi 1hour Waiting (Normal Tariff)

$33.12 €29.49

$8.13 COP 26.3K

307.38%

Gasoline (1 liter)

$1.46 €1.30

$1.28 COP 4,119

14.06%

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

$27.6K €24.6K

$34.4K COP 111.2M

-19.86%

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

$32.4K €28.9K

$34.1K COP 110.3M

-4.94%

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

$156 €139

$178 COP 574.1K

-12.46%

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

$20.31 €18.09

$13.89 COP 44.9K

46.22%

Internet (50+ Mbps, Unlimited Data)

$28.78 €25.62

$30.74 COP 99.3K

-6.38%

Gym Membership (Monthly)

$65.1 €58.0

$41.94 COP 135.5K

55.20%

Tennis Court (1 Hour on Weekend)

$27.79 €24.75

$16.80 COP 54.3K

65.42%

Cinema Ticket

$11.21 €9.98

$7.47 COP 24.1K

50.07%

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

$282 €251

$790 COP 2.6M

-64.31%

International Primary School, 1 Child (Yearly)

$12.2K €10.9K

$12.3K COP 39.7M

-0.67%

Jeans (Levis 501 Or Similar)

$57.9 €51.6

$86.3 COP 278.9K

-32.92%

Summer Dress (H&M, Zara, etc)

$67.6 €60.2

$59.3 COP 191.4K

14.07%

Sport Shoes (Adidas, Nike)

$114 €101

$138 COP 446.9K

-17.66%

Men's Leather Business Shoes

$128 €114

$98.8 COP 319.2K

29.91%

1-bedroom Apartment, City Center (Monthly)

$1,139 €1,014

$1,341 COP 4.3M

-15.03%

1-bedroom Apartment, Outside City Center (Monthly)

$930 €828

$667 COP 2.2M

39.38%

3-bedroom Apartment, City Center (Monthly)

$1,773 €1,579

$1,976 COP 6.4M

-10.25%

3-bedroom Apartment, Outside City Center (Monthly)

$1,484 €1,321

$1,033 COP 3.3M

43.63%

Buy Apartment in City Center (m2)

$3,921 €3,491

$4,098 COP 13.2M

-4.32%

Buy Apartment Outside City Center (m2)

$2,936 €2,615

$1,940 COP 6.3M

51.36%

Average Monthly Net Salary (After Tax)

$1,004 €894

$646 COP 2.1M

55.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.05

10.94

-62.98%

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

Last update for Balzan: November 2, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Balzan

$930 48.7%

Medellin

$667 39.4% 28.2% $263

Eating Out

Balzan

$253 13.3%

Medellin

$173 10.2% 31.9% $81

Groceries & Markets

Balzan

$243 12.8%

Medellin

$307 18.2% 26.3% $64

Monthly Utilities & Internet

Balzan

$205 10.7%

Medellin

$222 13.1% 8.6% $18

Clothing & Footwear

Balzan

$166 8.7%

Medellin

$172 10.2% 4.1% $6.7

Sport & Entertainment

Balzan

$88 4.6%

Medellin

$57 3.4% 35% $31

Getting Around

Balzan

$24 * 1.2%

Medellin

$93 5.5% 294% $70

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,139 in Balzan versus $1,341 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 Balzan. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $89 in Balzan versus $47 in Medellin. Groceries tell a different story – $243 in Balzan vs $307 in Medellin – so Balzan wins on supermarket bills even if dining out costs more.

Good to know

🇲🇹 Balzan

🇨🇴 Medellin

🕒 Local time

05:05 5:05 AM

23:05 11:05 PM

6 h behind Balzan

🌤 Weather

👥 Population

4,700

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,230 COP (10,000 COP = 3.1 USD). 1 EUR = 3,626 COP (10,000 COP = 2.76 EUR).

USD to EUR in detail →

On the map

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Between locations

Balzan Medellin 9,600 km ≈ 13 h nonstop flight

From you

Balzan
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

Balzan vs Medellin: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,908 in Balzan, $1,692 in Medellin – Medellin comes out roughly 11% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,862 per month in Balzan and $2,538 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Balzan, especially for central apartments: a one-bedroom in the center costs $1,139 there versus $1,341 in Medellin.

A mid-range dinner for two costs $89 in Balzan and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 21% cheaper in Balzan – one category where the pricier city actually offers better value.

$2,500 covers both cities comfortably – all-in costs are $1,908 in Balzan and $1,692 in Medellin, leaving budget for savings and extras in both cases.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,692 in Medellin to $1,908 in Balzan. Climate, culture, job market, and personal taste all factor in.

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