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

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $415 in Banha, rent included.

A couple spends around $1,602 per month in Medellin vs $666 in Banha, rent included.

A family of three spends $2,192 per month in Medellin vs $916 in Banha, rent included.

Medellin costs about 144% more than Banha, driven mainly by Groceries & Markets.

Both Medellin and Banha are more affordable than the global median – Medellin 24% lower, Banha 69% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$3.57 E£185

67.79%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.2K

$12.08 E£627

172.02%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$2.90 E£151

144.48%

Cappuccino

$1.71 COP 6,105

$0.47 E£24.26

263.83%

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

$1.10 COP 3,918

$0.29 E£15.01

279.31%

Water (0.33 liter bottle)

$0.78 COP 2,776

$0.09 E£4.78

766.67%

Local Beer (0.5 liter draught)

$1.68 COP 5,987

$1.17 E£60.6

43.59%

Imported Beer (0.33 liter bottle)

$3.07 COP 10.9K

$2.91 E£151

5.50%

Milk (1 liter)

$1.09 COP 3,899

$0.87 E£45.22

25.29%

White Bread (500g)

$1.26 COP 4,500

$0.78 E£40.60

61.54%

Rice (white) (1kg)

$1.38 COP 4,914

$0.66 E£34.02

109.09%

Eggs

$2.19 COP 7,813

$1.45 E£75.1

51.03%

Local Cheese (1kg)

$4.40 COP 15.7K

$2.02 E£105

117.82%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$4.33 E£225

30.02%

Beef Round Steak (1kg)

$8.89 COP 31.7K

$9.67 E£502

-8.07%

Apples (1kg)

$2.34 COP 8,334

$1.43 E£74.0

63.64%

Banana (1kg)

$1.06 COP 3,771

$0.50 E£26.12

112.00%

Oranges (1kg)

$1.50 COP 5,365

$0.39 E£20.38

284.62%

Tomato (1kg)

$1.38 COP 4,915

$0.39 E£20.36

253.85%

Potato (1kg)

$1.15 COP 4,104

$0.40 E£20.88

187.50%

Onion (1kg)

$1.16 COP 4,148

$0.44 E£22.86

163.64%

Lettuce (1 head)

$0.89 COP 3,176

$0.24 E£12.49

270.83%

Water (1.5 liter bottle)

$0.84 COP 2,992

$0.20 E£10.22

320.00%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,131

$1.41 E£73.1

61.70%

Wine (Bottle)

$10.64 COP 37.9K

$5.62 E£292

89.32%

Local Beer (0.5 liter bottle)

$1.20 COP 4,276

$1.35 E£69.9

-11.11%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,809

$2.65 E£137

-6.79%

One-way Ticket (Public Transport)

$0.86 COP 3,051

$0.16 E£8.49

437.50%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.6K

Taxi Start (Normal Tariff)

$1.47 COP 5,255

$0.56 E£28.82

162.50%

Taxi (Normal Tariff) (1km)

$1.96 COP 6,997

$0.42 E£22.03

366.67%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$1.02 E£53.2

658.82%

Gasoline (1 liter)

$0.95 COP 3,403

$0.33 E£17.16

187.88%

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

$18.1K COP 64.6M

$34.4K E£1.8M

-47.30%

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

$26.5K COP 94.4M

$28.2K E£1.5M

-5.94%

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

$82.3 COP 293.2K

$11.33 E£588

625.95%

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

$9.50 COP 33.9K

$2.39 E£124

297.49%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.4K

$10.01 E£519

142.06%

Gym Membership (Monthly)

$25.89 COP 92.3K

$22.06 E£1,145

17.36%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.7K

Cinema Ticket

$3.93 COP 14.0K

$2.90 E£151

35.52%

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

$309 COP 1.1M

$89.3 E£4,636

246.41%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$1,861 E£96.6K

220.51%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.1K

$6.75 E£350

769.04%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.3K

$12.00 E£623

169.58%

Sport Shoes (Adidas, Nike)

$103 COP 365.7K

$107 E£5,530

-3.72%

Men's Leather Business Shoes

$108 COP 386.5K

$50.2 E£2,605

116.04%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$189 E£9,795

152.32%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$98.6 E£5,117

284.21%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$308 E£16.0K

171.94%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$174 E£9,052

315.00%

Buy Apartment in City Center (m2)

$2,791 COP 9.9M

$796 E£41.3K

250.45%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$403 E£20.9K

200.57%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

-21.00%

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

Last update for Medellin: May 31, 2026

Last update for Banha: May 31, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $189 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 $33.00 in Medellin versus $12.00 in Banha. Monthly groceries follow the same trend: $188 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: $1,013 in Medellin, $415 in Banha – roughly 144% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,519 per month in Medellin and $622 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 $1,013 in Medellin and $415 in Banha. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $309 per month in Medellin and $89.3 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 $415, than in Medellin at $1,013. 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 $415 in Banha to $1,013 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.