Last update: Nov 2026

Cost of Living Comparison Between Medellin and Boryeong

For one person, living is cheaper in Boryeong: $1,481 a month against $1,692 in Medellin, rent and utilities included – about $2,500 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

80

Cost of Living Index in Medellin
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Medellin Living Index
71

Cost of Living Index in Boryeong
Learn more

Boryeong Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Boryeong

🇰🇷 South Korea

$1,481

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Boryeong

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Boryeong actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,692 in Medellin versus $1,481 in Boryeong.

Medellin $1,692
Boryeong $1,481

Estimated couple costs with rent: $2,471 in Medellin versus $2,530 in Boryeong.

Medellin $2,471
Boryeong $2,530

Monthly costs for a family of three with rent: $3,249 in Medellin versus $3,579 in Boryeong.

Medellin $3,249
Boryeong $3,579

Living in Medellin is roughly 14% more expensive than in Boryeong, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Medellin 25% above, Boryeong 10% above.

Meal at Budget Restaurant

$8.34 COP 26.9K

$9.15 ₩12.3K

-8.85%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.1K

$68.3 ₩91.5K

-31.85%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.5K

$7.41 ₩9,934

27.80%

Cappuccino

$3.13 COP 10.1K

$3.98 ₩5,330

-21.36%

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

$1.77 COP 5,696

$1.61 ₩2,161

9.94%

Water (0.33 liter bottle)

$1.42 COP 4,594

$0.81 ₩1,080

75.31%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$3.76 ₩5,042

-16.22%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

$5.92 ₩7,931

-3.72%

Milk (1 liter)

$1.53 COP 4,943

$2.03 ₩2,723

-24.63%

White Bread (500g)

$2.29 COP 7,389

$3.13 ₩4,199

-26.84%

Rice (white) (1kg)

$1.94 COP 6,273

$4.11 ₩5,508

-52.80%

Eggs

$3.07 COP 9,889

$3.68 ₩4,940

-16.58%

Local Cheese (1kg)

$9.99 COP 32.2K

$17.86 ₩23.9K

-44.06%

Chicken Fillets (1kg)

$10.45 COP 33.7K

$10.25 ₩13.7K

1.95%

Beef Round Steak (1kg)

$13.96 COP 45.0K

$25.64 ₩34.4K

-45.55%

Apples (1kg)

$4.05 COP 13.1K

$7.71 ₩10.3K

-47.47%

Banana (1kg)

$1.53 COP 4,929

$3.36 ₩4,506

-54.46%

Oranges (1kg)

$2.10 COP 6,786

$5.79 ₩7,765

-63.73%

Tomato (1kg)

$2.29 COP 7,397

$6.14 ₩8,228

-62.70%

Potato (1kg)

$2.11 COP 6,803

$3.57 ₩4,786

-40.90%

Onion (1kg)

$1.71 COP 5,512

$2.60 ₩3,485

-34.23%

Lettuce (1 head)

$1.17 COP 3,774

$2.77 ₩3,719

-57.76%

Water (1.5 liter bottle)

$1.58 COP 5,096

$1.14 ₩1,525

38.60%

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

$3.26 ₩4,376

19.94%

Wine (Bottle)

$14.04 COP 45.3K

$18.75 ₩25.1K

-25.12%

Local Beer (0.5 liter bottle)

$1.76 COP 5,682

$2.25 ₩3,018

-21.78%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,746

$3.30 ₩4,429

-17.88%

One-way Ticket (Public Transport)

$1.18 COP 3,805

$0.96 ₩1,291

22.92%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.0K

Taxi Start (Normal Tariff)

$1.81 COP 5,827

$3.53 ₩4,728

-48.73%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,867

$0.61 ₩818

249.18%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.2K

$8.79 ₩11.8K

-7.51%

Gasoline (1 liter)

$1.28 COP 4,113

$1.50 ₩2,011

-14.67%

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

$34.4K COP 111.1M

$29.7K ₩39.9M

15.78%

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

$34.1K COP 110.1M

$28.0K ₩37.5M

21.99%

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

$178 COP 573.2K

$208 ₩279.0K

-14.60%

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

$13.89 COP 44.8K

$34.81 ₩46.7K

-60.10%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.1K

$21.13 ₩28.3K

45.48%

Gym Membership (Monthly)

$41.94 COP 135.3K

$45.39 ₩60.8K

-7.60%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.2K

$15.15 ₩20.3K

10.89%

Cinema Ticket

$7.47 COP 24.1K

$11.05 ₩14.8K

-32.40%

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

$790 COP 2.5M

$449 ₩602.2K

75.86%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

$26.4K ₩35.4M

-53.46%

Jeans (Levis 501 Or Similar)

$86.3 COP 278.4K

$62.7 ₩84.0K

37.79%

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.1K

$33.67 ₩45.1K

76.00%

Sport Shoes (Adidas, Nike)

$138 COP 446.2K

$69.3 ₩92.8K

99.74%

Men's Leather Business Shoes

$98.8 COP 318.7K

$81.9 ₩109.8K

20.63%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$462 ₩619.5K

190.14%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$371 ₩497.4K

79.79%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$1,203 ₩1.6M

64.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$1,051 ₩1.4M

-1.71%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

$6,314 ₩8.5M

-35.10%

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$4,976 ₩6.7M

-61.02%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

$1,505 ₩2.0M

-57.06%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.08

168.14%

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

Last update for Medellin: November 2, 2026

Last update for Boryeong: November 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$667 39.4%

Boryeong

$371 25.1% 44.4% $296

Groceries & Markets

Medellin

$307 18.2%

Boryeong

$473 32% 53.9% $166

Monthly Utilities & Internet

Medellin

$222 13.1%

Boryeong

$264 17.8% 18.8% $42

Eating Out

Medellin

$173 10.2%

Boryeong

$183 12.4% 6.3% $11

Clothing & Footwear

Medellin

$172 10.2%

Boryeong

$111 7.5% 35.3% $61

Getting Around

Medellin

$93 5.5%

Boryeong

$10 * 0.7% 88.8% $83

Sport & Entertainment

Medellin

$57 3.4%

Boryeong

$67 4.6% 18.6% $11

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,341 in Medellin and $462 in Boryeong. Housing cost is often the main lever when comparing two cities.

Boryeong pays about 2.3 times more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $47 in Medellin vs $68 in Boryeong for a mid-range dinner for two. Groceries echo the gap at $307 vs $473 per month, with Medellin cheaper across the board.

Good to know

🇨🇴 Medellin

🇰🇷 Boryeong

🕒 Local time

01:33 1:33 AM

15:33 3:33 PM

14 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

103,620

💱 Currency

Colombian Peso COP $

South Korean Won KRW ₩

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.75 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.63 EUR

Exchange rates and currency converter

KRW, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 5, 2026: 1 USD = 3,225 COP (10,000 COP = 3.1 USD). 1 EUR = 3,631 COP (10,000 COP = 2.75 EUR).

South Korean Won exchange rates as of November 5, 2026: 1 USD = 1,341 KRW (10,000 KRW = 7.46 USD). 1 EUR = 1,509 KRW (10,000 KRW = 6.63 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Boryeong 14,740 km ≈ 19 h nonstop flight

From you

Medellin
Boryeong

Distances are measured in a straight line. Your location is detected approximately.

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 Boryeong: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,692 in Medellin and $1,481 in Boryeong, so Boryeong is about 12% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 57% lower in Medellin. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,341 in Medellin versus $462 in Boryeong. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $790 in Medellin versus $449 in Boryeong. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Medellin – a meal for two runs $47 versus $68 in Boryeong. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $2,000 a month, though Boryeong gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.