Last update: Oct 2026

Cost of Living Comparison Between Binghamton, NY and Medellin

For one person, living is cheaper in Medellin: $1,614 a month against $2,256 in Binghamton, NY, rent and utilities included – about $7,700 less a year. Rent and utilities account for about half of the difference.

110

Cost of Living Index in Binghamton, NY
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Binghamton, NY Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Binghamton, NY

🇺🇸 United States

$2,256

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,256 in Binghamton, NY versus $1,614 in Medellin.

Binghamton, NY $2,256
Medellin $1,614

Estimated couple costs with rent: $3,410 in Binghamton, NY versus $2,402 in Medellin.

Binghamton, NY $3,410
Medellin $2,402

Monthly costs for a family of three with rent: $4,565 in Binghamton, NY versus $3,190 in Medellin.

Binghamton, NY $4,565
Medellin $3,190

Living in Binghamton, NY is roughly 40% more expensive than in Medellin, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Binghamton, NY 67% above, Medellin 20% above.

Meal at Budget Restaurant

$18.32 $18.32

$7.93 COP 25.2K

131.02%

Three-Course Dinner for Two, Mid-Range

$49.62 $49.62

$46.13 COP 146.3K

7.57%

Fast Food Meal (McDonalds, etc)

$11.07 $11.07

$9.50 COP 30.1K

16.53%

Cappuccino

$4.82 $4.82

$3.11 COP 9,866

54.98%

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

$2.14 $2.14

$1.83 COP 5,800

16.94%

Water (0.33 liter bottle)

$1.57 $1.57

$1.38 COP 4,360

13.77%

Local Beer (0.5 liter draught)

$5.08 $5.08

$3.05 COP 9,672

66.56%

Imported Beer (0.33 liter bottle)

$6.14 $6.14

$5.50 COP 17.4K

11.64%

Milk (1 liter)

$0.83 $0.83

$1.45 COP 4,600

-42.76%

White Bread (500g)

$3.52 $3.52

$2.36 COP 7,496

49.15%

Rice (white) (1kg)

$4.17 $4.17

$1.68 COP 5,328

148.21%

Eggs

$3.79 $3.79

$2.86 COP 9,077

32.52%

Local Cheese (1kg)

$12.36 $12.36

$10.19 COP 32.3K

21.30%

Chicken Fillets (1kg)

$12.00 $12.00

$9.53 COP 30.2K

25.92%

Beef Round Steak (1kg)

$14.54 $14.54

$14.04 COP 44.5K

3.56%

Apples (1kg)

$5.37 $5.37

$4.07 COP 12.9K

31.94%

Banana (1kg)

$1.78 $1.78

$1.50 COP 4,742

18.67%

Oranges (1kg)

$5.11 $5.11

$2.17 COP 6,891

135.48%

Tomato (1kg)

$6.29 $6.29

$2.31 COP 7,310

172.29%

Potato (1kg)

$3.87 $3.87

$1.93 COP 6,113

100.52%

Onion (1kg)

$3.58 $3.58

$1.64 COP 5,196

118.29%

Lettuce (1 head)

$2.36 $2.36

$1.13 COP 3,571

108.85%

Water (1.5 liter bottle)

$2.96 $2.96

$1.25 COP 3,954

136.80%

Cigarettes 20 Pack (Marlboro, Camel)

$14.66 $14.66

$3.99 COP 12.6K

267.42%

Wine (Bottle)

$14.95 $14.95

$13.35 COP 42.3K

11.99%

Local Beer (0.5 liter bottle)

$1.69 $1.69

$1.70 COP 5,384

-0.59%

Imported Beer (0.33 liter bottle)

$5.02 $5.02

$2.37 COP 7,525

111.81%

One-way Ticket (Public Transport)

$1.95 $1.95

$1.21 COP 3,827

61.16%

Public Transport Monthly Pass (Regular Price)

$70.3 $70.3

$76.5 COP 242.5K

-8.04%

Taxi Start (Normal Tariff)

$2.97 $2.97

$1.32 COP 4,179

125.00%

Taxi (Normal Tariff) (1km)

$1.78 $1.78

$2.14 COP 6,774

-16.82%

Taxi 1hour Waiting (Normal Tariff)

$24.16 $24.16

$8.47 COP 26.8K

185.24%

Gasoline (1 liter)

$1.02 $1.02

$1.30 COP 4,114

-21.54%

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

$28.3K $28.3K

$28.0K COP 88.7M

1.21%

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

$27.8K $27.8K

$35.4K COP 112.3M

-21.57%

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

$213 $213

$172 COP 545.6K

23.90%

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

$65.3 $65.3

$13.37 COP 42.4K

388.26%

Internet (50+ Mbps, Unlimited Data)

$64.3 $64.3

$28.73 COP 91.1K

123.77%

Gym Membership (Monthly)

$51.6 $51.6

$45.24 COP 143.5K

13.95%

Tennis Court (1 Hour on Weekend)

$40.33 $40.33

$17.04 COP 54.0K

136.68%

Cinema Ticket

$12.81 $12.81

$6.28 COP 19.9K

103.98%

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

$1,302 $1,302

$770 COP 2.4M

69.05%

International Primary School, 1 Child (Yearly)

$7,031 $7,031

$9,011 COP 28.6M

-21.98%

Jeans (Levis 501 Or Similar)

$41.32 $41.32

$86.4 COP 274.0K

-52.18%

Summer Dress (H&M, Zara, etc)

$57.9 $57.9

$57.1 COP 181.1K

1.38%

Sport Shoes (Adidas, Nike)

$75.2 $75.2

$137 COP 432.9K

-44.96%

Men's Leather Business Shoes

$148 $148

$97.9 COP 310.4K

51.09%

1-bedroom Apartment, City Center (Monthly)

$1,323 $1,323

$1,055 COP 3.3M

25.38%

1-bedroom Apartment, Outside City Center (Monthly)

$893 $893

$616 COP 2.0M

44.97%

3-bedroom Apartment, City Center (Monthly)

$1,946 $1,946

$1,892 COP 6.0M

2.82%

3-bedroom Apartment, Outside City Center (Monthly)

$1,666 $1,666

$1,023 COP 3.2M

62.90%

Buy Apartment in City Center (m2)

$1,419 $1,419

$4,059 COP 12.9M

-65.03%

Buy Apartment Outside City Center (m2)

$1,267 $1,267

$1,678 COP 5.3M

-24.49%

Average Monthly Net Salary (After Tax)

$3,684 $3,684

$652 COP 2.1M

464.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.65

10.94

-39.21%

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

Last update for Binghamton, NY: October 12, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Binghamton, NY

$893 39.6%

Medellin

$616 38.2% 31% $277

Groceries & Markets

Binghamton, NY

$418 18.5%

Medellin

$295 18.3% 29.4% $123

Monthly Utilities & Internet

Binghamton, NY

$343 15.2%

Medellin

$214 13.3% 37.5% $129

Eating Out

Binghamton, NY

$290 12.9%

Medellin

$168 10.4% 42% $122

Clothing & Footwear

Binghamton, NY

$145 6.4%

Medellin

$170 10.5% 17.3% $25

Getting Around

Binghamton, NY

$90 4%

Medellin

$93 5.8% 3.7% $3.3

Sport & Entertainment

Binghamton, NY

$77 3.4%

Medellin

$58 3.6% 25.1% $19

Cost Breakdown

A one-bedroom apartment in the center runs $1,323 in Binghamton, NY and $1,055 in Medellin. Housing cost is often the main lever when comparing two cities.

Binghamton, NY pays 465% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $50.0 in Binghamton, NY vs $46.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $418 vs $295 per month, with Medellin cheaper across the board.

Good to know

🇺🇸 Binghamton, NY

🇨🇴 Medellin

🕒 Local time

21:38 9:38 PM

20:38 8:38 PM

1 h behind Binghamton, NY

🌤 Weather

👥 Population

47,969

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Colombian Peso exchange rates as of October 18, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

COP to USD in detail →

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Between locations

Binghamton, NY Medellin 3,980 km ≈ 5 h nonstop flight

From you

Binghamton, NY
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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

Binghamton, NY vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in groceries, eating out, and utilities. The 40% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 465% higher in Binghamton, NY, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,323 in Binghamton, NY versus $1,055 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 42% higher in Binghamton, NY. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Medellin – a meal for two runs $46.00 versus $50.0 in Binghamton, NY. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,614 in Medellin versus $2,256 in Binghamton, NY, a $2,500 budget is realistic in Medellin but tight or insufficient in Binghamton, NY. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Binghamton, NY, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Medellin gentler on the wallet – expenses run 40% less than in Binghamton, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.