Cost of Living Comparison Between Medellin and Banja Luka Cost of Living Comparison Between Medellin and Banja Luka

🙂 Solo nomad: Medellin is 12.1% cheaper than Banja Luka without rent, and 13.9% cheaper with rent.
🙂 Family of 3: Medellin is 16.8% cheaper than Banja Luka without rent, and 5.5% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Banja Luka
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$8.79 BAM 14.83
-29.12%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$41.55 BAM 70.1
-22.17%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$8.91 BAM 15.04
-17.06%
Cappuccino
$1.72 COP 7,155
$1.65 BAM 2.78
4.24%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$1.92 BAM 3.24
-42.71%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.2 BAM 2.03
-39.17%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$2.07 BAM 3.5
-19.81%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$2.88 BAM 4.86
11.11%
🛒 Groceries & Markets
Medellin
Banja Luka
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.4 BAM 2.36
-22.14%
White Bread (500g)
$1.24 COP 5,188
$1.24 BAM 2.1
-
Rice (white) (1kg)
$1.33 COP 5,544
$1.58 BAM 2.66
-15.82%
Eggs
$2.22 COP 9,252
$2.92 BAM 4.93
-23.97%
Local Cheese (1kg)
$4.55 COP 19K
$9.2 BAM 15.54
-50.54%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$8.97 BAM 15.15
-36.34%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$11.97 BAM 20.2
-28.24%
Apples (1kg)
$2.26 COP 9,410
$1.39 BAM 2.34
62.59%
Banana (1kg)
$1.07 COP 4,461
$1.65 BAM 2.79
-35.15%
Oranges (1kg)
$1.51 COP 6,293
$1.95 BAM 3.29
-22.56%
Tomato (1kg)
$1.42 COP 5,911
$2.01 BAM 3.39
-29.35%
Potato (1kg)
$1.11 COP 4,619
$1.19 BAM 2.01
-6.72%
Onion (1kg)
$1.18 COP 4,932
$1.31 BAM 2.21
-9.92%
Lettuce (1 head)
$0.89 COP 3,718
$1.27 BAM 2.14
-29.92%
Water (1.5 liter bottle)
$0.84 COP 3,507
$0.77 BAM 1.29
9.09%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$3.8 BAM 6.41
-38.16%
Wine (Bottle)
$9.34 COP 38.9K
$7.08 BAM 11.95
31.92%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$0.7 BAM 1.18
68.57%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$1.13 BAM 1.91
120.35%
🚌 Getting Around
Medellin
Banja Luka
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$1.42 BAM 2.39
-41.55%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$36.2 BAM 61.1
15.75%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$1.43 BAM 2.41
-1.40%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.1 BAM 1.86
78.18%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$8.89 BAM 15.01
-11.70%
Gasoline (1 liter)
$1.02 COP 4,265
$1.54 BAM 2.61
-33.77%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$28.3K BAM 47.8K
-37.82%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$26.5K BAM 44.8K
-1.29%
🧾 Monthly Utilities & Internet
Medellin
Banja Luka
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$169 BAM 286
-51.23%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$19.35 BAM 32.66
-51.21%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$23.22 BAM 39.19
1.25%
🎉 Sport & Entertainment
Medellin
Banja Luka
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$27.91 BAM 47.11
-7.99%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$9.91 BAM 16.72
93.14%
Cinema Ticket
$3.96 COP 16.5K
$4.66 BAM 7.87
-15.02%
🧸 Childcare & Education
Medellin
Banja Luka
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$240 BAM 405
27.06%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$3,633 BAM 6,132
63.09%
👕👟 Clothing & Footwear
Medellin
Banja Luka
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$75.8 BAM 128
-23.60%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$36.95 BAM 62.4
-14.51%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$88.8 BAM 150
16.17%
Men's Leather Business Shoes
$106 COP 440.5K
$125 BAM 211
-15.64%
🏠 Accommodation & Living
Medellin
Banja Luka
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$461 BAM 779
6.11%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$321 BAM 542
17.97%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$637 BAM 1,075
29.86%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$464 BAM 783
57.22%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$3,118 BAM 5,262
-29.75%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$2,152 BAM 3,632
-28.79%
💵 Salaries & Financials
Medellin
Banja Luka
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$825 BAM 1,393
-33.35%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
5.02
167.53%

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

Last update for Medellin: October 28, 2025

Last update for Banja Luka: October 29, 2025

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