Last update: Oct 2026

Cost of Living Comparison Between Medellin and Banbury

For one person, living is cheaper in Medellin: $1,625 a month against $2,288 in Banbury, rent and utilities included – about $8,000 less a year. Rent and utilities account for about half of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
110

Cost of Living Index in Banbury
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Banbury Living Index

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Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Banbury

🇬🇧 United Kingdom

$2,288

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Banbury

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Banbury actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,625 in Medellin versus $2,288 in Banbury.

Medellin $1,625
Banbury $2,288

Estimated couple costs with rent: $2,412 in Medellin versus $3,422 in Banbury.

Medellin $2,412
Banbury $3,422

Monthly costs for a family of three with rent: $3,199 in Medellin versus $4,556 in Banbury.

Medellin $3,199
Banbury $4,556

Living in Medellin costs roughly 29% less than in Banbury, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Medellin 20% above, Banbury 69% above.

Meal at Budget Restaurant

$8.30 COP 26.3K

$19.60 £14.71

-57.65%

Three-Course Dinner for Two, Mid-Range

$46.91 COP 148.7K

$79.9 £59.9

-41.28%

Fast Food Meal (McDonalds, etc)

$9.24 COP 29.3K

$10.46 £7.85

-11.66%

Cappuccino

$3.05 COP 9,676

$4.58 £3.44

-33.41%

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

$1.80 COP 5,707

$2.15 £1.61

-16.28%

Water (0.33 liter bottle)

$1.38 COP 4,382

$1.49 £1.11

-7.38%

Local Beer (0.5 liter draught)

$3.24 COP 10.3K

$5.69 £4.27

-43.06%

Imported Beer (0.33 liter bottle)

$5.56 COP 17.6K

$4.61 £3.46

20.61%

Milk (1 liter)

$1.50 COP 4,760

$1.34 £1.01

11.94%

White Bread (500g)

$2.37 COP 7,508

$1.56 £1.17

51.92%

Rice (white) (1kg)

$1.70 COP 5,377

$2.01 £1.51

-15.42%

Eggs

$2.96 COP 9,379

$4.54 £3.41

-34.80%

Local Cheese (1kg)

$10.22 COP 32.4K

$5.11 £3.83

100.00%

Chicken Fillets (1kg)

$9.74 COP 30.9K

$7.31 £5.48

33.24%

Beef Round Steak (1kg)

$13.90 COP 44.1K

$13.50 £10.13

2.96%

Apples (1kg)

$4.13 COP 13.1K

$2.18 £1.64

89.45%

Banana (1kg)

$1.53 COP 4,839

$1.35 £1.02

13.33%

Oranges (1kg)

$2.22 COP 7,052

$1.98 £1.49

12.12%

Tomato (1kg)

$2.27 COP 7,194

$2.11 £1.59

7.58%

Potato (1kg)

$1.99 COP 6,311

$1.30 £0.97

53.08%

Onion (1kg)

$1.67 COP 5,285

$1.34 £1.01

24.63%

Lettuce (1 head)

$1.18 COP 3,742

$1.22 £0.92

-3.28%

Water (1.5 liter bottle)

$1.24 COP 3,919

$1.46 £1.10

-15.07%

Cigarettes 20 Pack (Marlboro, Camel)

$3.87 COP 12.3K

$23.60 £17.70

-83.60%

Wine (Bottle)

$13.78 COP 43.7K

$9.22 £6.92

49.46%

Local Beer (0.5 liter bottle)

$1.66 COP 5,256

$2.65 £1.98

-37.36%

Imported Beer (0.33 liter bottle)

$2.40 COP 7,615

$2.29 £1.72

4.80%

One-way Ticket (Public Transport)

$1.24 COP 3,944

$4.09 £3.07

-69.68%

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

$265 £199

-70.44%

Taxi Start (Normal Tariff)

$1.28 COP 4,044

$4.70 £3.53

-72.77%

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

$1.63 £1.22

31.90%

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

$39.53 £29.66

-78.83%

Gasoline (1 liter)

$1.35 COP 4,288

$2.02 £1.52

-33.17%

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

$34.8K COP 110.2M

$38.4K £28.8K

-9.56%

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

$34.7K COP 110.0M

$40.3K £30.2K

-13.98%

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

$167 COP 528.4K

$205 £154

-18.87%

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

$13.62 COP 43.2K

$13.33 £10.00

2.18%

Internet (50+ Mbps, Unlimited Data)

$29.12 COP 92.3K

$46.31 £34.75

-37.12%

Gym Membership (Monthly)

$45.09 COP 143.0K

$72.6 £54.5

-37.91%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

Cinema Ticket

$6.97 COP 22.1K

$14.82 £11.12

-52.97%

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

$790 COP 2.5M

$1,477 £1,108

-46.52%

International Primary School, 1 Child (Yearly)

$9,041 COP 28.7M

$22.4K £16.8K

-59.69%

Jeans (Levis 501 Or Similar)

$87.8 COP 278.4K

$82.3 £61.7

6.72%

Summer Dress (H&M, Zara, etc)

$58.2 COP 184.4K

$30.50 £22.88

90.66%

Sport Shoes (Adidas, Nike)

$139 COP 440.7K

$105 £78.5

32.83%

Men's Leather Business Shoes

$98.9 COP 313.5K

$87.4 £65.6

13.08%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$1,190 £893

-13.61%

1-bedroom Apartment, Outside City Center (Monthly)

$620 COP 2.0M

$944 £708

-34.38%

3-bedroom Apartment, City Center (Monthly)

$1,881 COP 6.0M

$1,897 £1,423

-0.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,008 COP 3.2M

$1,597 £1,198

-36.91%

Buy Apartment in City Center (m2)

$3,988 COP 12.6M

Buy Apartment Outside City Center (m2)

$1,702 COP 5.4M

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

$2,750 £2,063

-75.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

5.06

116.21%

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

Last update for Medellin: October 19, 2026

Last update for Banbury: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$619 38.1%

Banbury

$944 41.3% 52.4% $325

Groceries & Markets

Medellin

$298 18.3%

Banbury

$250 10.9% 15.9% $47

Monthly Utilities & Internet

Medellin

$209 12.9%

Banbury

$265 11.6% 26.6% $56

Clothing & Footwear

Medellin

$173 10.6%

Banbury

$137 6% 20.6% $36

Eating Out

Medellin

$171 10.5%

Banbury

$295 12.9% 72.9% $125

Getting Around

Medellin

$95 5.9%

Banbury

$294 12.8% 209% $199

Sport & Entertainment

Medellin

$59 3.6%

Banbury

$102 4.5% 73.2% $43

Cost Breakdown

A one-bedroom apartment in the center runs $1,028 in Medellin and $1,190 in Banbury. Housing cost is often the main lever when comparing two cities.

Banbury pays 315% 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: $47.00 in Medellin vs $80.0 in Banbury. Groceries flip the comparison at $298 vs $250, with Banbury cheaper for home cooking.

Good to know

🇨🇴 Medellin

🇬🇧 Banbury

🕒 Local time

08:58 8:58 AM

14:58 2:58 PM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

48,681

💱 Currency

Colombian Peso COP $

British Pound GBP £

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

Exchange rates and currency converter

GBP, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 22, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

British Pound exchange rates as of October 22, 2026: 1 USD = 0.75 GBP (1 GBP = 1.33 USD). 1 EUR = 0.843 GBP (1 GBP = 1.19 EUR).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Medellin Banbury 8,390 km ≈ 11 h nonstop flight

From you

Medellin
Banbury

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

Medellin vs Banbury: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in eating out, transport, and leisure. The 41% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 315% lower in Banbury. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,028 in Medellin versus $1,190 in Banbury. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Banbury pay roughly 19% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

Dining out is cheaper in Medellin – a meal for two runs $47.00 versus $80.0 in Banbury. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,625 in Medellin versus $2,288 in Banbury, a $2,500 budget is realistic in Medellin but tight or insufficient in Banbury. 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 Banbury, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Medellin and Banbury are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 41% less than in Banbury. Beyond cost, consider language, visa policies, and how big the international community is in each city.