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Cost of Living Comparison Between Medellin and Binan City Cost of Living Comparison Between Medellin and Binan City

πŸ™‚ Solo nomad: Medellin is 4.9% cheaper than Binan City without rent, and 17.6% more expensive with rent.
πŸ™‚ Family of 3: Medellin is 5.4% cheaper than Binan City without rent, and 18.1% more expensive with rent.
Currency
🍽 Eating Out
Medellin
Binan City
Difference
Meal at Budget Restaurant
$5.97 COPΒ 21.9K
$4.69 β‚±279
27.29%
Three-Course Dinner for Two, Mid-Range
$32.40 COPΒ 119.0K
$21.30 β‚±1,266
52.11%
Fast Food Meal (McDonalds, etc)
$7.13 COPΒ 26.2K
$3.18 β‚±189
124.21%
Cappuccino
$1.65 COPΒ 6,043
$2.86 β‚±170
-42.31%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.06 COPΒ 3,882
$0.94 β‚±55.8
12.77%
Water (0.33 liter bottle)
$0.77 COPΒ 2,839
$0.35 β‚±20.66
120.00%
Local Beer (0.5 liter draught)
$1.75 COPΒ 6,419
$1.26 β‚±74.8
38.89%
Imported Beer (0.33 liter bottle)
$3.06 COPΒ 11.2K
$2.73 β‚±163
12.09%
πŸ›’ Groceries & Markets
Medellin
Binan City
Difference
Milk (1 liter)
$1.10 COPΒ 4,026
$2.08 β‚±124
-47.12%
White Bread (500g)
$1.30 COPΒ 4,771
$1.26 β‚±74.8
3.17%
Rice (white) (1kg)
$1.34 COPΒ 4,906
$1.07 β‚±63.7
25.23%
Eggs
$2.26 COPΒ 8,300
$1.95 β‚±116
15.90%
Local Cheese (1kg)
$4.50 COPΒ 16.5K
$7.18 β‚±427
-37.33%
Chicken Fillets (1kg)
$5.80 COPΒ 21.3K
$4.41 β‚±262
31.52%
Beef Round Steak (1kg)
$8.96 COPΒ 32.9K
$7.77 β‚±462
15.32%
Apples (1kg)
$2.37 COPΒ 8,692
$4.34 β‚±258
-45.39%
Banana (1kg)
$1.07 COPΒ 3,940
$1.57 β‚±93.5
-31.85%
Oranges (1kg)
$1.48 COPΒ 5,419
$2.69 β‚±160
-44.98%
Tomato (1kg)
$1.36 COPΒ 5,012
$1.63 β‚±97.0
-16.56%
Potato (1kg)
$1.13 COPΒ 4,136
$2.74 β‚±163
-58.76%
Onion (1kg)
$1.13 COPΒ 4,161
$2.83 β‚±168
-60.07%
Lettuce (1 head)
$0.89 COPΒ 3,275
$1.63 β‚±97.0
-45.40%
Water (1.5 liter bottle)
$0.85 COPΒ 3,114
$0.92 β‚±54.9
-7.61%
Cigarettes 20 Pack (Marlboro, Camel)
$2.28 COPΒ 8,361
$3.27 β‚±195
-30.28%
Wine (Bottle)
$10.15 COPΒ 37.3K
$6.60 β‚±392
53.79%
Local Beer (0.5 liter bottle)
$1.19 COPΒ 4,359
$1.25 β‚±74.4
-4.80%
Imported Beer (0.33 liter bottle)
$2.40 COPΒ 8,829
$2.01 β‚±120
19.40%
🚌 Getting Around
Medellin
Binan City
Difference
One-way Ticket (Public Transport)
$0.84 COPΒ 3,075
$0.26 β‚±15.29
223.08%
Public Transport Monthly Pass (Regular Price)
$40.85 COPΒ 150.0K
-
-
Taxi Start (Normal Tariff)
$1.48 COPΒ 5,417
$0.78 β‚±46.36
89.74%
Taxi (Normal Tariff) (1km)
$1.89 COPΒ 6,950
$0.22 β‚±13.01
759.09%
Taxi 1hour Waiting (Normal Tariff)
$8.05 COPΒ 29.5K
$3.52 β‚±209
128.69%
Gasoline (1 liter)
$0.94 COPΒ 3,455
$1.15 β‚±68.3
-18.26%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.7K COPΒ 65.2M
$25.2K β‚±1.5M
-29.71%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.4K COPΒ 96.8M
$20.4K β‚±1.2M
29.29%
🧾 Monthly Utilities & Internet
Medellin
Binan City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$81.9 COPΒ 300.7K
$162 β‚±9,603
-49.32%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.54 COPΒ 35.0K
$32.79 β‚±1,949
-70.91%
Internet (50+ Mbps, Unlimited Data)
$23.68 COPΒ 87.0K
$35.31 β‚±2,098
-32.94%
πŸŽ‰ Sport & Entertainment
Medellin
Binan City
Difference
Gym Membership (Monthly)
$25.85 COPΒ 94.9K
$33.64 β‚±1,999
-23.16%
Tennis Court (1 Hour on Weekend)
$18.72 COPΒ 68.7K
-
-
Cinema Ticket
$4.05 COPΒ 14.9K
$6.91 β‚±411
-41.39%
🧸 Childcare & Education
Medellin
Binan City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$316 COPΒ 1.2M
$80.9 β‚±4,808
290.48%
International Primary School, 1 Child (Yearly)
$5,971 COPΒ 21.9M
$7,003 β‚±416.2K
-14.74%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
Binan City
Difference
Jeans (Levis 501 Or Similar)
$59.0 COPΒ 216.5K
$32.31 β‚±1,920
82.45%
Summer Dress (H&M, Zara, etc)
$32.49 COPΒ 119.3K
$29.33 β‚±1,743
10.77%
Sport Shoes (Adidas, Nike)
$99.9 COPΒ 366.7K
$84.5 β‚±5,021
18.20%
Men's Leather Business Shoes
$108 COPΒ 394.9K
$93.5 β‚±5,559
14.97%
🏠 Accommodation & Living
Medellin
Binan City
Difference
1-bedroom Apartment, City Center (Monthly)
$491 COPΒ 1.8M
$267 β‚±15.9K
84.02%
1-bedroom Apartment, Outside City Center (Monthly)
$371 COPΒ 1.4M
$174 β‚±10.3K
113.77%
3-bedroom Apartment, City Center (Monthly)
$821 COPΒ 3.0M
$588 β‚±34.9K
39.79%
3-bedroom Apartment, Outside City Center (Monthly)
$731 COPΒ 2.7M
$391 β‚±23.2K
86.90%
Buy Apartment in City Center (m2)
$3,019 COPΒ 11.1M
-
-
Buy Apartment Outside City Center (m2)
$1,332 COPΒ 4.9M
-
-
πŸ’΅ Salaries & Financials
Medellin
Binan City
Difference
Average Monthly Net Salary (After Tax)
$517 COPΒ 1.9M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
6.67
101.35%

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

Last update for Medellin: January 12, 2026

Last update for Binan City: January 13, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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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