Cost of Living Comparison Between Medellin and Binzhou Cost of Living Comparison Between Medellin and Binzhou

Monthly Cost of Living

Monthly costs for one person with rent: $1,031 in Medellin versus $776 in Binzhou.

Estimated couple costs with rent: $1,599 in Medellin versus $1,229 in Binzhou.

Monthly costs for a family of three with rent: $2,167 in Medellin versus $1,681 in Binzhou.

Living in Medellin is roughly 33% more expensive than in Binzhou, driven mainly by Getting Around.

Both cities sit below the global median: Medellin 23% lower, Binzhou 42% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$3.38 ¥22.84

82.25%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

$18.31 ¥124

78.04%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$4.41 ¥29.78

66.44%

Cappuccino

$1.72 COP 5,599

$3.36 ¥22.70

-48.81%

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

$1.05 COP 3,420

$0.57 ¥3.86

84.21%

Water (0.33 liter bottle)

$0.77 COP 2,515

$0.31 ¥2.10

148.39%

Local Beer (0.5 liter draught)

$1.69 COP 5,487

$0.86 ¥5.84

96.51%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$2.05 ¥13.85

54.63%

Milk (1 liter)

$1.05 COP 3,423

$1.90 ¥12.85

-44.74%

White Bread (500g)

$1.30 COP 4,236

$1.54 ¥10.42

-15.58%

Rice (white) (1kg)

$1.40 COP 4,544

$0.93 ¥6.26

50.54%

Eggs

$2.16 COP 7,046

$1.78 ¥12.06

21.35%

Local Cheese (1kg)

$4.39 COP 14.3K

$15.07 ¥102

-70.87%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$4.14 ¥27.97

42.03%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$10.14 ¥68.5

-14.79%

Apples (1kg)

$2.28 COP 7,425

$1.36 ¥9.20

67.65%

Banana (1kg)

$1.11 COP 3,603

$1.20 ¥8.12

-7.50%

Oranges (1kg)

$1.53 COP 4,982

$1.98 ¥13.40

-22.73%

Tomato (1kg)

$1.35 COP 4,410

$1.02 ¥6.88

32.35%

Potato (1kg)

$1.13 COP 3,674

$0.74 ¥5.02

52.70%

Onion (1kg)

$1.13 COP 3,692

$1.10 ¥7.43

2.73%

Lettuce (1 head)

$0.85 COP 2,753

$0.98 ¥6.64

-13.27%

Water (1.5 liter bottle)

$0.91 COP 2,975

$0.51 ¥3.42

78.43%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,629

$3.81 ¥25.75

-38.58%

Wine (Bottle)

$12.37 COP 40.3K

$14.20 ¥96.0

-12.89%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$1.05 ¥7.07

14.29%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$1.54 ¥10.41

61.69%

One-way Ticket (Public Transport)

$0.84 COP 2,727

$0.29 ¥1.98

189.66%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

$16.62 ¥112

144.10%

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$0.94 ¥6.33

51.06%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$0.32 ¥2.14

500.00%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$7.50 ¥50.7

2.13%

Gasoline (1 liter)

$0.99 COP 3,223

$1.13 ¥7.62

-12.39%

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

$18.0K COP 58.7M

$20.0K ¥135.2K

-9.86%

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

$26.6K COP 86.7M

$13.4K ¥90.9K

98.04%

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

$80.8 COP 263.1K

$52.3 ¥353

54.51%

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

$9.95 COP 32.4K

$10.76 ¥72.7

-7.53%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$10.52 ¥71.1

129.85%

Gym Membership (Monthly)

$25.08 COP 81.6K

$41.41 ¥280

-39.43%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$13.76 ¥93.0

39.17%

Cinema Ticket

$3.98 COP 13.0K

$5.59 ¥37.75

-28.80%

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

$305 COP 993.4K

$339 ¥2,293

-10.05%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$16.7K ¥112.9K

-63.73%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$75.5 ¥510

-22.99%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$39.05 ¥264

-17.54%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$81.2 ¥549

24.04%

Men's Leather Business Shoes

$108 COP 350.8K

$100 ¥678

7.35%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$280 ¥1,890

70.43%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$184 ¥1,243

104.45%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$588 ¥3,972

43.69%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$363 ¥2,451

101.42%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$2,754 ¥18.6K

16.74%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$1,907 ¥12.9K

-28.03%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$554 ¥3,745

11.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

3.81

252.49%

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

Last update for Medellin: July 12, 2026

Last update for Binzhou: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $477 in Medellin and $280 in Binzhou. Housing cost is often the main lever when comparing two cities.

Medellin pays 11% 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 $18.00 in Binzhou. Groceries flip the comparison at $193 vs $220, with Medellin cheaper for home cooking.

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 Binzhou: Cost of Living - Frequently Asked Questions

Binzhou is cheaper overall, especially in Clothing & Footwear, Eating Out, Getting Around, Monthly Utilities & Internet. The 33% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 11% higher in Medellin, 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: $477 in Medellin versus $280 in Binzhou. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $305 in Medellin versus $339 in Binzhou. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Medellin pay roughly 14% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $776 in Binzhou versus $1,031 in Medellin, a $1,500 budget is realistic in Binzhou but tight or insufficient in Medellin. The gap between the two cities makes Binzhou the clear choice for anyone on this budget.

For families, Binzhou is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Binzhou gentler on the wallet – expenses run 33% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.