Cost of Living Comparison Between Medellin and Budva Cost of Living Comparison Between Medellin and Budva

🙂 Solo nomad: Medellin is 35.7% cheaper than Budva without rent, and 42.7% cheaper with rent.
🙂 Family of 3: Medellin is 39.6% cheaper than Budva without rent, and 44.8% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Budva
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$16.02 €13.83
-61.11%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$67 €57.8
-51.70%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$11.6 €10.02
-36.29%
Cappuccino
$1.72 COP 7,155
$2.92 €2.52
-41.10%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$2.26 €1.95
-51.33%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.44 €1.24
-49.31%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$3.37 €2.91
-50.74%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$3.87 €3.34
-17.31%
🛒 Groceries & Markets
Medellin
Budva
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.44 €1.24
-24.31%
White Bread (500g)
$1.24 COP 5,188
$1.16 €1
6.90%
Rice (white) (1kg)
$1.33 COP 5,544
$2.45 €2.11
-45.71%
Eggs
$2.22 COP 9,252
$3.08 €2.66
-27.92%
Local Cheese (1kg)
$4.55 COP 19K
$9 €7.77
-49.44%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$8.42 €7.27
-32.19%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$11.57 €9.99
-25.76%
Apples (1kg)
$2.26 COP 9,410
$1.3 €1.13
73.85%
Banana (1kg)
$1.07 COP 4,461
$1.72 €1.48
-37.79%
Oranges (1kg)
$1.51 COP 6,293
$1.68 €1.45
-10.12%
Tomato (1kg)
$1.42 COP 5,911
$2.85 €2.46
-50.18%
Potato (1kg)
$1.11 COP 4,619
$1.03 €0.89
7.77%
Onion (1kg)
$1.18 COP 4,932
$1.3 €1.13
-9.23%
Lettuce (1 head)
$0.89 COP 3,718
$1.79 €1.55
-50.28%
Water (1.5 liter bottle)
$0.84 COP 3,507
$1.19 €1.02
-29.41%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$4.49 €3.87
-47.66%
Wine (Bottle)
$9.34 COP 38.9K
$6.52 €5.63
43.25%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$1.28 €1.11
-7.81%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$1.73 €1.49
43.93%
🚌 Getting Around
Medellin
Budva
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$2.3 €1.98
-63.91%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$40.86 €35.28
2.55%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$1.18 €1.02
19.49%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.03 €0.89
90.29%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$17.39 €15.02
-54.86%
Gasoline (1 liter)
$1.02 COP 4,265
$1.71 €1.48
-40.35%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$30.2K €26.1K
-41.70%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$27K €23.3K
-2.99%
🧾 Monthly Utilities & Internet
Medellin
Budva
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$162 €140
-48.99%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$18.24 €15.75
-48.25%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$33.07 €28.55
-28.91%
🎉 Sport & Entertainment
Medellin
Budva
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$60.2 €51.9
-57.31%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$24.35 €21.03
-21.40%
Cinema Ticket
$3.96 COP 16.5K
$5.78 €4.99
-31.49%
🧸 Childcare & Education
Medellin
Budva
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$412 €355
-25.97%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$10K €8,676
-41.04%
👕👟 Clothing & Footwear
Medellin
Budva
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$118 €102
-50.93%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$47.56 €41.06
-33.58%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$112 €96.7
-7.91%
Men's Leather Business Shoes
$106 COP 440.5K
$206 €178
-48.82%
🏠 Accommodation & Living
Medellin
Budva
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$953 €823
-48.64%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$698 €602
-45.66%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,779 €1,536
-53.51%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$1,395 €1,205
-47.75%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$3,868 €3,340
-43.39%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$2,822 €2,437
-45.71%
💵 Salaries & Financials
Medellin
Budva
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$1,066 €921
-48.43%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
5.93
126.48%

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

Last update for Medellin: October 28, 2025

Last update for Budva: October 29, 2025

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