Cost of Living Comparison Between Medellin and Balzan Cost of Living Comparison Between Medellin and Balzan

🙂 Solo nomad: Medellin is 40.2% cheaper than Balzan without rent, and 43.5% cheaper with rent.
🙂 Family of 3: Medellin is 39.4% cheaper than Balzan without rent, and 44.5% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Balzan
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$18.72 €16.16
-66.72%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$69.4 €59.9
-53.40%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$11.72 €10.12
-36.95%
Cappuccino
$1.72 COP 7,155
$2.73 €2.36
-37.00%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$2 €1.73
-45.00%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.03 €0.89
-29.13%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$3.52 €3.04
-52.84%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$2.54 €2.19
25.98%
🛒 Groceries & Markets
Medellin
Balzan
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.28 €1.11
-14.84%
White Bread (500g)
$1.24 COP 5,188
$1 €0.87
24.00%
Rice (white) (1kg)
$1.33 COP 5,544
$3.5 €3.02
-62.00%
Eggs
$2.22 COP 9,252
$3.64 €3.14
-39.01%
Local Cheese (1kg)
$4.55 COP 19K
$10.02 €8.65
-54.59%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$9.15 €7.9
-37.60%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$12.98 €11.21
-33.82%
Apples (1kg)
$2.26 COP 9,410
$2.68 €2.32
-15.67%
Banana (1kg)
$1.07 COP 4,461
$2.07 €1.79
-48.31%
Oranges (1kg)
$1.51 COP 6,293
$1.84 €1.58
-17.93%
Tomato (1kg)
$1.42 COP 5,911
$1.17 €1.01
21.37%
Potato (1kg)
$1.11 COP 4,619
$0.94 €0.81
18.09%
Onion (1kg)
$1.18 COP 4,932
$0.91 €0.79
29.67%
Lettuce (1 head)
$0.89 COP 3,718
$0.89 €0.77
-
Water (1.5 liter bottle)
$0.84 COP 3,507
$0.96 €0.83
-12.50%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$6.28 €5.43
-62.58%
Wine (Bottle)
$9.34 COP 38.9K
$5.94 €5.13
57.24%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$1.09 €0.94
8.26%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$1.52 €1.31
63.82%
🚌 Getting Around
Medellin
Balzan
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$3.21 €2.77
-74.14%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
-
-
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$2.24 €1.94
-37.05%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.9 €1.64
3.16%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$34.8 €30.05
-77.44%
Gasoline (1 liter)
$1.02 COP 4,265
$1.59 €1.37
-35.85%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$26.4K €22.8K
-33.35%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$34K €29.3K
-22.89%
🧾 Monthly Utilities & Internet
Medellin
Balzan
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$162 €140
-49.18%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$20.72 €17.89
-54.44%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$32.63 €28.17
-27.95%
🎉 Sport & Entertainment
Medellin
Balzan
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$65.4 €56.5
-60.72%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$22.82 €19.7
-16.13%
Cinema Ticket
$3.96 COP 16.5K
$15.35 €13.25
-74.20%
🧸 Childcare & Education
Medellin
Balzan
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$262 €226
16.33%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$12.6K €10.9K
-52.87%
👕👟 Clothing & Footwear
Medellin
Balzan
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$101 €86.9
-42.45%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$38.29 €33.06
-17.50%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$145 €125
-28.95%
Men's Leather Business Shoes
$106 COP 440.5K
$101 €86.8
5.14%
🏠 Accommodation & Living
Medellin
Balzan
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$859 €741
-43.00%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$795 €686
-52.30%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,590 €1,372
-47.98%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$1,500 €1,295
-51.40%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$4,046 €3,494
-45.88%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$2,881 €2,488
-46.82%
💵 Salaries & Financials
Medellin
Balzan
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$1,041 €898
-47.14%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
5.43
147.33%

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

Last update for Medellin: October 28, 2025

Last update for Balzan: October 27, 2025

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