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

🙂 Solo nomad: Medellin is 14.9% cheaper than Banja Luka without rent, and 10.8% cheaper with rent.
🙂 Family of 3: Medellin is 14.1% cheaper than Banja Luka without rent, and 1.4% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Banja Luka
Difference
Meal at Budget Restaurant
$6.14 COP 22.1K
$9.05 BAM 15.03
-32.15%
Three-Course Dinner for Two, Mid-Range
$33.05 COP 119.0K
$42.16 BAM 70.0
-21.61%
Fast Food Meal (McDonalds, etc)
$7.32 COP 26.4K
$8.96 BAM 14.87
-18.30%
Cappuccino
$1.66 COP 5,971
$1.65 BAM 2.74
0.61%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COP 3,977
$2.02 BAM 3.35
-45.54%
Water (0.33 liter bottle)
$0.78 COP 2,815
$1.20 BAM 2.00
-35.00%
Local Beer (0.5 liter draught)
$1.71 COP 6,172
$2.02 BAM 3.36
-15.35%
Imported Beer (0.33 liter bottle)
$3.17 COP 11.4K
$2.72 BAM 4.51
16.54%
🛒 Groceries & Markets
Medellin
Banja Luka
Difference
Milk (1 liter)
$1.11 COP 4,002
$1.40 BAM 2.32
-20.71%
White Bread (500g)
$1.31 COP 4,707
$1.23 BAM 2.04
6.50%
Rice (white) (1kg)
$1.38 COP 4,967
$1.65 BAM 2.73
-16.36%
Eggs
$2.22 COP 7,989
$2.91 BAM 4.84
-23.71%
Local Cheese (1kg)
$4.34 COP 15.6K
$9.29 BAM 15.42
-53.28%
Chicken Fillets (1kg)
$5.80 COP 20.9K
$8.77 BAM 14.56
-33.87%
Beef Round Steak (1kg)
$8.98 COP 32.3K
$12.13 BAM 20.13
-25.97%
Apples (1kg)
$2.26 COP 8,143
$1.39 BAM 2.30
62.59%
Banana (1kg)
$1.11 COP 4,013
$1.64 BAM 2.72
-32.32%
Oranges (1kg)
$1.46 COP 5,271
$1.87 BAM 3.10
-21.93%
Tomato (1kg)
$1.37 COP 4,916
$1.97 BAM 3.26
-30.46%
Potato (1kg)
$1.11 COP 3,999
$1.21 BAM 2.00
-8.26%
Onion (1kg)
$1.16 COP 4,188
$1.31 BAM 2.17
-11.45%
Lettuce (1 head)
$0.89 COP 3,202
$1.29 BAM 2.13
-31.01%
Water (1.5 liter bottle)
$0.87 COP 3,116
$0.71 BAM 1.19
22.54%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 8,473
$3.79 BAM 6.30
-37.99%
Wine (Bottle)
$10.86 COP 39.1K
$8.17 BAM 13.56
32.93%
Local Beer (0.5 liter bottle)
$1.20 COP 4,319
$0.76 BAM 1.26
57.89%
Imported Beer (0.33 liter bottle)
$2.48 COP 8,923
$1.09 BAM 1.81
127.52%
🚌 Getting Around
Medellin
Banja Luka
Difference
One-way Ticket (Public Transport)
$0.79 COP 2,835
$1.37 BAM 2.28
-42.34%
Public Transport Monthly Pass (Regular Price)
$40.77 COP 146.8K
$36.39 BAM 60.4
12.04%
Taxi Start (Normal Tariff)
$1.42 COP 5,124
$1.51 BAM 2.51
-5.96%
Taxi (Normal Tariff) (1km)
$1.91 COP 6,882
$1.10 BAM 1.83
73.64%
Taxi 1hour Waiting (Normal Tariff)
$7.65 COP 27.5K
$8.82 BAM 14.64
-13.27%
Gasoline (1 liter)
$0.97 COP 3,481
$1.51 BAM 2.51
-35.76%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.1K COP 65.2M
$29.1K BAM 48.2K
-37.73%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.3K COP 94.7M
$26.6K BAM 44.2K
-1.18%
🧾 Monthly Utilities & Internet
Medellin
Banja Luka
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$81.3 COP 292.8K
$171 BAM 284
-52.40%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.63 COP 34.7K
$18.88 BAM 31.33
-48.99%
Internet (50+ Mbps, Unlimited Data)
$24.36 COP 87.7K
$23.40 BAM 38.84
4.10%
🎉 Sport & Entertainment
Medellin
Banja Luka
Difference
Gym Membership (Monthly)
$26.02 COP 93.7K
$28.35 BAM 47.06
-8.22%
Tennis Court (1 Hour on Weekend)
$18.92 COP 68.1K
$10.16 BAM 16.86
86.22%
Cinema Ticket
$3.89 COP 14.0K
$4.64 BAM 7.70
-16.16%
🧸 Childcare & Education
Medellin
Banja Luka
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$304 COP 1.1M
$242 BAM 401
25.86%
International Primary School, 1 Child (Yearly)
$5,902 COP 21.3M
$3,715 BAM 6,167
58.86%
👕👟 Clothing & Footwear
Medellin
Banja Luka
Difference
Jeans (Levis 501 Or Similar)
$58.7 COP 211.3K
$74.2 BAM 123
-20.88%
Summer Dress (H&M, Zara, etc)
$32.48 COP 116.9K
$36.61 BAM 60.8
-11.28%
Sport Shoes (Adidas, Nike)
$102 COP 366.3K
$90.9 BAM 151
11.93%
Men's Leather Business Shoes
$108 COP 389.4K
$126 BAM 209
-14.25%
🏠 Accommodation & Living
Medellin
Banja Luka
Difference
1-bedroom Apartment, City Center (Monthly)
$474 COP 1.7M
$450 BAM 747
5.32%
1-bedroom Apartment, Outside City Center (Monthly)
$371 COP 1.3M
$325 BAM 539
14.22%
3-bedroom Apartment, City Center (Monthly)
$848 COP 3.1M
$655 BAM 1,087
29.48%
3-bedroom Apartment, Outside City Center (Monthly)
$716 COP 2.6M
$469 BAM 778
52.80%
Buy Apartment in City Center (m2)
$2,871 COP 10.3M
$3,009 BAM 4,995
-4.57%
Buy Apartment Outside City Center (m2)
$1,375 COP 5.0M
$2,041 BAM 3,389
-32.62%
💵 Salaries & Financials
Medellin
Banja Luka
Difference
Average Monthly Net Salary (After Tax)
$542 COP 1.9M
$876 BAM 1,454
-38.17%
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: April 13, 2026

Last update for Banja Luka: April 12, 2026

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

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