Cost of Living Comparison Between Medellin and Binh Duong Cost of Living Comparison Between Medellin and Binh Duong

Monthly Cost of Living

Monthly costs for one person with rent: $1,017 in Medellin versus $577 in Binh Duong.

Estimated couple costs with rent: $1,602 in Medellin versus $925 in Binh Duong.

Monthly costs for a family of three with rent: $2,188 in Medellin versus $1,273 in Binh Duong.

Living in Medellin is roughly 76% more expensive than Binh Duong, driven mainly by Eating Out.

Both cities sit below the global median: Medellin 24% lower, Binh Duong 57% lower.

Meal at Budget Restaurant

$5.95 COP 20.8K

$1.94 ₫50.9K

206.70%

Three-Course Dinner for Two, Mid-Range

$33.33 COP 116.3K

$11.60 ₫304.6K

187.33%

Fast Food Meal (McDonalds, etc)

$7.23 COP 25.2K

$4.64 ₫121.9K

55.82%

Cappuccino

$1.63 COP 5,687

$1.73 ₫45.3K

-5.78%

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

$1.09 COP 3,821

$0.47 ₫12.4K

131.91%

Water (0.33 liter bottle)

$0.73 COP 2,548

$0.30 ₫7,879

143.33%

Local Beer (0.5 liter draught)

$1.74 COP 6,065

$0.88 ₫23.2K

97.73%

Imported Beer (0.33 liter bottle)

$3.23 COP 11.3K

$1.02 ₫26.7K

216.67%

Milk (1 liter)

$1.05 COP 3,662

$1.50 ₫39.5K

-30.00%

White Bread (500g)

$1.29 COP 4,515

$0.77 ₫20.1K

67.53%

Rice (white) (1kg)

$1.32 COP 4,617

$0.61 ₫16.0K

116.39%

Eggs

$2.27 COP 7,927

$1.42 ₫37.3K

59.86%

Local Cheese (1kg)

$4.35 COP 15.2K

$11.46 ₫300.7K

-62.04%

Chicken Fillets (1kg)

$5.88 COP 20.5K

$3.34 ₫87.6K

76.05%

Beef Round Steak (1kg)

$8.61 COP 30.0K

$10.15 ₫266.3K

-15.17%

Apples (1kg)

$2.25 COP 7,844

$2.16 ₫56.6K

4.17%

Banana (1kg)

$1.07 COP 3,733

$0.57 ₫14.9K

87.72%

Oranges (1kg)

$1.52 COP 5,322

$0.66 ₫17.3K

130.30%

Tomato (1kg)

$1.42 COP 4,964

$1.08 ₫28.3K

31.48%

Potato (1kg)

$1.17 COP 4,084

$0.94 ₫24.8K

24.47%

Onion (1kg)

$1.17 COP 4,077

$1.00 ₫26.3K

17.00%

Lettuce (1 head)

$0.89 COP 3,096

$0.70 ₫18.4K

27.14%

Water (1.5 liter bottle)

$0.90 COP 3,146

$0.47 ₫12.3K

91.49%

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 COP 7,837

$0.80 ₫21.0K

181.25%

Wine (Bottle)

$11.04 COP 38.5K

$9.51 ₫249.5K

16.09%

Local Beer (0.5 liter bottle)

$1.14 COP 3,977

$0.56 ₫14.7K

103.57%

Imported Beer (0.33 liter bottle)

$2.38 COP 8,301

$1.00 ₫26.2K

138.00%

One-way Ticket (Public Transport)

$0.84 COP 2,916

$0.32 ₫8,340

162.50%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

$6.55 ₫171.9K

540.46%

Taxi Start (Normal Tariff)

$1.41 COP 4,912

$0.36 ₫9,508

291.67%

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

$0.58 ₫15.1K

227.59%

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

$3.12 ₫81.9K

148.40%

Gasoline (1 liter)

$1.01 COP 3,509

$0.85 ₫22.3K

18.82%

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

$17.6K COP 61.4M

$38.2K ₫1.0B

-54.04%

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

$26.5K COP 92.5M

$33.6K ₫883.2M

-21.25%

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

$83.7 COP 292.1K

$37.85 ₫993.6K

121.08%

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

$9.45 COP 33.0K

$6.04 ₫158.5K

56.46%

Internet (50+ Mbps, Unlimited Data)

$24.11 COP 84.1K

$6.57 ₫172.5K

266.97%

Gym Membership (Monthly)

$25.31 COP 88.3K

$21.22 ₫557.0K

19.27%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

$7.60 ₫199.6K

151.84%

Cinema Ticket

$4.10 COP 14.3K

$3.05 ₫80.1K

34.43%

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

$312 COP 1.1M

$275 ₫7.2M

13.54%

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

$14.0K ₫367.7M

-57.22%

Jeans (Levis 501 Or Similar)

$58.0 COP 202.6K

$31.92 ₫837.8K

81.83%

Summer Dress (H&M, Zara, etc)

$32.56 COP 113.6K

$15.06 ₫395.4K

116.20%

Sport Shoes (Adidas, Nike)

$99.6 COP 347.7K

$76.9 ₫2.0M

29.56%

Men's Leather Business Shoes

$109 COP 378.8K

$68.7 ₫1.8M

57.99%

1-bedroom Apartment, City Center (Monthly)

$482 COP 1.7M

$254 ₫6.7M

89.89%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.3M

$160 ₫4.2M

136.85%

3-bedroom Apartment, City Center (Monthly)

$837 COP 2.9M

$612 ₫16.1M

36.86%

3-bedroom Apartment, Outside City Center (Monthly)

$723 COP 2.5M

$383 ₫10.0M

89.02%

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

$1,544 ₫40.5M

83.94%

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

$923 ₫24.2M

32.52%

Average Monthly Net Salary (After Tax)

$541 COP 1.9M

$336 ₫8.8M

60.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

9.14

46.94%

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

Last update for Medellin: June 8, 2026

Last update for Binh Duong: June 8, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $482 in Medellin and $254 in Binh Duong. Housing cost is often the main lever when comparing two cities.

Medellin pays 61% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $33.00 in Medellin vs $12.00 in Binh Duong for a mid-range dinner for two. Groceries echo the gap at $190 vs $172 per month, with Binh Duong cheaper across the board.

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 Binh Duong: Cost of Living - Frequently Asked Questions

Medellin and Binh Duong differ by about 76% in total monthly costs ($1,017 vs $577 including rent). Binh Duong is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Medellin pays 61% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $482 in Medellin versus $254 in Binh Duong. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Binh Duong – a meal for two runs $12.00 versus $33.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,017 per month in Medellin versus $577 in Binh Duong – a 76% gap that adds up to real savings over time for anyone picking the cheaper option.

At $577 in Binh Duong versus $1,017 in Medellin, a $2,000 budget is realistic in Binh Duong but tight or insufficient in Medellin. The gap between the two cities makes Binh Duong the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Medellin and Binh Duong are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Binh Duong gentler on the wallet – expenses run 76% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.