Cost of Living Comparison Between Medellin and Balikesir Cost of Living Comparison Between Medellin and Balikesir

Monthly Cost of Living

A single person spends $1,034 per month in Medellin vs $900 in Balikesir, rent included.

A couple spends around $1,577 per month in Medellin vs $1,488 in Balikesir, rent included.

A family of three spends $2,120 per month in Medellin vs $2,075 in Balikesir, rent included.

Medellin costs about 15% more than Balikesir, driven mainly by Sport & Entertainment.

Both Medellin and Balikesir are more affordable than the global median – Medellin 23% lower, Balikesir 33% lower.

Meal at Budget Restaurant

$5.92 COP 21.4K

$7.54 ₺340

-21.49%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$26.23 ₺1,184

24.86%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$7.54 ₺340

-4.51%

Cappuccino

$1.70 COP 6,140

$2.42 ₺109

-29.75%

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

$1.10 COP 3,966

$0.95 ₺42.98

15.79%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.33 ₺14.85

118.18%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$2.49 ₺112

-32.93%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$3.52 ₺159

-11.93%

Milk (1 liter)

$1.06 COP 3,809

$0.98 ₺44.32

8.16%

White Bread (500g)

$1.25 COP 4,497

$0.53 ₺24.05

135.85%

Rice (white) (1kg)

$1.39 COP 5,022

$1.26 ₺57.0

10.32%

Eggs

$2.26 COP 8,168

$1.94 ₺87.4

16.49%

Local Cheese (1kg)

$4.33 COP 15.6K

$7.60 ₺343

-43.03%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$5.08 ₺229

14.96%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$17.89 ₺808

-50.64%

Apples (1kg)

$2.24 COP 8,099

$1.58 ₺71.5

41.77%

Banana (1kg)

$1.08 COP 3,882

$2.35 ₺106

-54.04%

Oranges (1kg)

$1.53 COP 5,522

$1.42 ₺64.1

7.75%

Tomato (1kg)

$1.37 COP 4,950

$1.55 ₺69.8

-11.61%

Potato (1kg)

$1.13 COP 4,078

$0.67 ₺30.32

68.66%

Onion (1kg)

$1.12 COP 4,036

$0.60 ₺27.23

86.67%

Lettuce (1 head)

$0.85 COP 3,057

$0.92 ₺41.64

-7.61%

Water (1.5 liter bottle)

$0.91 COP 3,281

$0.53 ₺24.10

71.70%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$2.23 ₺101

4.48%

Wine (Bottle)

$11.13 COP 40.2K

$10.05 ₺454

10.75%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$2.33 ₺105

-48.93%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$3.25 ₺147

-27.08%

One-way Ticket (Public Transport)

$0.79 COP 2,838

$0.66 ₺29.60

19.70%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

$28.89 ₺1,304

42.37%

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$1.99 ₺89.8

-27.64%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$0.64 ₺29.01

198.44%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$9.05 ₺408

-11.38%

Gasoline (1 liter)

$0.94 COP 3,385

$1.17 ₺53.0

-19.66%

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

$17.9K COP 64.7M

$41.1K ₺1.9M

-56.40%

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

$26.8K COP 96.7M

$44.4K ₺2.0M

-39.67%

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

$84.0 COP 303.1K

$63.8 ₺2,879

31.64%

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

$9.60 COP 34.7K

$11.68 ₺527

-17.81%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$11.62 ₺525

107.92%

Gym Membership (Monthly)

$25.88 COP 93.4K

$58.2 ₺2,627

-55.53%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

$12.67 ₺572

50.28%

Cinema Ticket

$3.92 COP 14.1K

$5.31 ₺240

-26.18%

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

$306 COP 1.1M

$838 ₺37.8K

-63.45%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$5,344 ₺241.2K

10.75%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$32.05 ₺1,447

80.69%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$40.84 ₺1,844

-22.09%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$88.5 ₺3,996

12.86%

Men's Leather Business Shoes

$107 COP 386.8K

$62.9 ₺2,840

70.31%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

$418 ₺18.9K

16.37%

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

$252 ₺11.4K

46.29%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

$882 ₺39.8K

-6.37%

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

$593 ₺26.8K

20.81%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

$1,336 ₺60.3K

119.02%

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

$851 ₺38.4K

65.32%

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

$978 ₺44.1K

-44.20%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

29.75

-54.86%

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

Last update for Medellin: April 27, 2026

Last update for Balikesir: April 26, 2026

Cost Breakdown

A central one-bedroom costs $487 in Medellin versus $418 in Balikesir. 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 79% higher in Balikesir, 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 $33.00 in Medellin versus $26.00 in Balikesir. Groceries tell a different story – $190 in Medellin vs $217 in Balikesir – so Medellin 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

Medellin vs Balikesir: Cost of Living - Frequently Asked Questions

Medellin costs about 15% more than Balikesir, with the gap driven mainly by Sport & Entertainment. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,550 per month in Medellin and $1,350 in Balikesir. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Balikesir, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,034 in Medellin and $900 in Balikesir. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 42% less in Balikesir. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,000 monthly budget goes further in Balikesir, where all-in costs run around $900, than in Medellin at $1,034. In Balikesir it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Balikesir costs $900 versus $1,034 in Medellin. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Balikesir. 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.