Cost of Living Comparison Between Medellin and Banha Cost of Living Comparison Between Medellin and Banha

Monthly Cost of Living

A single person spends $1,716 per month in Medellin vs $414 in Banha, rent included.

A couple spends around $2,527 per month in Medellin vs $670 in Banha, rent included.

A family of three spends $3,338 per month in Medellin vs $926 in Banha, rent included.

Medellin costs about 315% more than Banha, driven mainly by Groceries & Markets.

Medellin sits 25% above the global median, while Banha is 70% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.03 COP 25.0K

$3.86 E£197

108.03%

Three-Course Dinner for Two, Mid-Range

$48.26 COP 150.6K

$11.69 E£594

312.83%

Fast Food Meal (McDonalds, etc)

$9.77 COP 30.5K

$2.91 E£148

235.74%

Cappuccino

$2.91 COP 9,085

$0.47 E£23.88

519.15%

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

$1.94 COP 6,067

$0.31 E£16.02

525.81%

Water (0.33 liter bottle)

$1.52 COP 4,749

$0.09 E£4.34

1588.89%

Local Beer (0.5 liter draught)

$3.09 COP 9,653

$1.36 E£69.2

127.21%

Imported Beer (0.33 liter bottle)

$5.74 COP 17.9K

$2.97 E£151

93.27%

Milk (1 liter)

$1.36 COP 4,257

$0.84 E£42.94

61.90%

White Bread (500g)

$2.39 COP 7,452

$0.76 E£38.63

214.47%

Rice (white) (1kg)

$1.70 COP 5,308

$0.66 E£33.67

157.58%

Eggs

$2.87 COP 8,957

$1.21 E£61.7

137.19%

Local Cheese (1kg)

$9.94 COP 31.0K

$2.00 E£102

397.00%

Chicken Fillets (1kg)

$10.78 COP 33.7K

$4.50 E£229

139.56%

Beef Round Steak (1kg)

$14.73 COP 46.0K

$9.42 E£479

56.37%

Apples (1kg)

$4.09 COP 12.8K

$1.55 E£78.7

163.87%

Banana (1kg)

$1.57 COP 4,906

$0.51 E£25.85

207.84%

Oranges (1kg)

$2.13 COP 6,635

$0.58 E£29.34

267.24%

Tomato (1kg)

$2.21 COP 6,910

$0.35 E£17.89

531.43%

Potato (1kg)

$2.05 COP 6,389

$0.25 E£12.61

720.00%

Onion (1kg)

$1.50 COP 4,695

$0.31 E£15.56

383.87%

Lettuce (1 head)

$1.19 COP 3,714

$0.27 E£13.59

340.74%

Water (1.5 liter bottle)

$1.16 COP 3,615

$0.22 E£11.19

427.27%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

$1.34 E£68.2

191.04%

Wine (Bottle)

$14.44 COP 45.1K

$5.80 E£295

148.97%

Local Beer (0.5 liter bottle)

$1.58 COP 4,943

$1.31 E£66.6

20.61%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,826

$2.69 E£137

5.20%

One-way Ticket (Public Transport)

$1.17 COP 3,646

$0.19 E£9.50

515.79%

Public Transport Monthly Pass (Regular Price)

$77.7 COP 242.6K

Taxi Start (Normal Tariff)

$1.28 COP 4,009

$0.57 E£29.05

124.56%

Taxi (Normal Tariff) (1km)

$2.09 COP 6,530

$0.42 E£21.56

397.62%

Taxi 1hour Waiting (Normal Tariff)

$8.62 COP 26.9K

$0.97 E£49.11

788.66%

Gasoline (1 liter)

$1.30 COP 4,052

$0.44 E£22.49

195.45%

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

$27.7K COP 86.3M

$33.4K E£1.7M

-17.20%

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

$35.5K COP 110.8M

$27.9K E£1.4M

27.26%

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

$176 COP 549.6K

$14.50 E£738

1114.28%

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

$13.37 COP 41.7K

$2.33 E£119

473.82%

Internet (50+ Mbps, Unlimited Data)

$29.89 COP 93.3K

$13.60 E£692

119.78%

Gym Membership (Monthly)

$44.76 COP 139.7K

$17.79 E£905

151.60%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.3K

Cinema Ticket

$6.20 COP 19.4K

$2.98 E£151

108.05%

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

$793 COP 2.5M

$83.8 E£4,262

846.96%

International Primary School, 1 Child (Yearly)

$9,019 COP 28.2M

$2,133 E£108.5K

322.80%

Jeans (Levis 501 Or Similar)

$85.6 COP 267.2K

$6.80 E£346

1158.97%

Summer Dress (H&M, Zara, etc)

$58.5 COP 182.5K

$11.70 E£595

399.74%

Sport Shoes (Adidas, Nike)

$136 COP 425.4K

$124 E£6,332

9.50%

Men's Leather Business Shoes

$103 COP 321.8K

$54.0 E£2,745

91.09%

1-bedroom Apartment, City Center (Monthly)

$1,060 COP 3.3M

$135 E£6,878

683.69%

1-bedroom Apartment, Outside City Center (Monthly)

$680 COP 2.1M

$86.6 E£4,407

684.40%

3-bedroom Apartment, City Center (Monthly)

$2,012 COP 6.3M

$265 E£13.5K

659.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,169 COP 3.6M

$174 E£8,872

570.03%

Buy Apartment in City Center (m2)

$4,111 COP 12.8M

$739 E£37.6K

456.42%

Buy Apartment Outside City Center (m2)

$1,701 COP 5.3M

$403 E£20.5K

322.54%

Average Monthly Net Salary (After Tax)

$665 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

21.33

-48.71%

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

Last update for Medellin: August 30, 2026

Last update for Banha: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,060 in Medellin versus $135 in Banha. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $48.00 in Medellin versus $12.00 in Banha. Monthly groceries follow the same trend: $303 vs $124 – making Banha the more affordable choice for daily food spending.

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 Banha: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,716 in Medellin, $414 in Banha – roughly 315% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $2,574 per month in Medellin and $621 in Banha. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Banha, 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 $1,716 in Medellin and $414 in Banha. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $793 per month in Medellin and $83.8 in Banha. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Banha, where all-in costs run around $414, than in Medellin at $1,716. In Banha it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $414 in Banha to $1,716 in Medellin. Climate, culture, job market, and personal taste all factor in.

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 Banha. 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.