Cost of Living Comparison Between Medellin and Banos Cost of Living Comparison Between Medellin and Banos

😐 Solo nomad: Medellin is 2.1% more expensive than Banos without rent, and 17.3% more expensive with rent.

🙂 Family of 3: Medellin is 1.2% cheaper than Banos without rent, and 21% more expensive with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$2.71 $2.71

129.89%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$30.09 $30.09

7.48%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$4.92 $4.92

50.20%

Cappuccino

$1.72 COP 7,155

$2.54 $2.54

-32.28%

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

$1.1 COP 4,575

$0.91 $0.91

20.88%

Water (0.33 liter bottle)

$0.73 COP 3,060

$0.63 $0.63

15.87%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$3.08 $3.08

-46.10%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$2.05 $2.05

56.10%

Milk (1 liter)

$1.09 COP 4,552

$1.05 $1.05

3.81%

White Bread (500g)

$1.24 COP 5,188

$1.74 $1.74

-28.74%

Rice (white) (1kg)

$1.33 COP 5,544

$0.86 $0.86

54.65%

Eggs

$2.22 COP 9,252

$1.47 $1.47

51.02%

Local Cheese (1kg)

$4.55 COP 19K

$5.88 $5.88

-22.62%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$5.15 $5.15

10.87%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$6.09 $6.09

41.05%

Apples (1kg)

$2.26 COP 9,410

$2.14 $2.14

5.61%

Banana (1kg)

$1.07 COP 4,461

$1.05 $1.05

1.90%

Oranges (1kg)

$1.51 COP 6,293

$1.05 $1.05

43.81%

Tomato (1kg)

$1.42 COP 5,911

$1.08 $1.08

31.48%

Potato (1kg)

$1.11 COP 4,619

$0.48 $0.48

131.25%

Onion (1kg)

$1.18 COP 4,932

$0.99 $0.99

19.19%

Lettuce (1 head)

$0.89 COP 3,718

$0.52 $0.52

71.15%

Water (1.5 liter bottle)

$0.84 COP 3,507

$0.98 $0.98

-14.29%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$5.84 $5.84

-59.76%

Wine (Bottle)

$9.34 COP 38.9K

$10.19 $10.19

-8.34%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$1.57 $1.57

-24.84%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$2.23 $2.23

11.66%

One-way Ticket (Public Transport)

$0.83 COP 3,464

$0.34 $0.34

144.12%

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$1.28 $1.28

10.16%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$1.02 $1.02

92.16%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$9.81 $9.81

-19.98%

Gasoline (1 liter)

$1.02 COP 4,265

$0.64 $0.64

59.38%

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

$17.6K COP 73.4M

$25.1K $25.1K

-29.96%

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

$26.2K COP 109.2M

$29.6K $29.6K

-11.57%

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

$82.5 COP 344.1K

$37.39 $37.39

120.73%

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

$9.44 COP 39.4K

$13.82 $13.82

-31.69%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$32.06 $32.06

-26.67%

Gym Membership (Monthly)

$25.68 COP 107.1K

$30.18 $30.18

-14.91%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$3.96 COP 16.5K

$7.55 $7.55

-47.55%

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

$305 COP 1.3M

$310 $310

-1.54%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$5,732 $5,732

3.36%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$51.3 $51.3

12.89%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$43.91 $43.91

-28.06%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$103 $103

0.31%

Men's Leather Business Shoes

$106 COP 440.5K

$111 $111

-4.81%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

$347 $347

41.21%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

$317 $317

19.40%

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

$630 $630

31.21%

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

$501 $501

45.61%

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

9.35

43.64%

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

Last update for Medellin: October 28, 2025

Last update for Banos: October 28, 2025

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