Cost of Living Comparison Between Medellin and Panjin Cost of Living Comparison Between Medellin and Panjin

Monthly Cost of Living

A single person spends $1,017 per month in Medellin vs $721 in Panjin, rent included.

A couple spends around $1,602 per month in Medellin vs $1,116 in Panjin, rent included.

A family of three spends $2,188 per month in Medellin vs $1,511 in Panjin, rent included.

Medellin costs about 41% more than Panjin, driven mainly by Getting Around.

Both Medellin and Panjin are more affordable than the global median – Medellin 24% lower, Panjin 46% lower.

Meal at Budget Restaurant

$5.95 COP 20.8K

$3.41 ¥23.03

74.49%

Three-Course Dinner for Two, Mid-Range

$33.33 COP 116.3K

$13.97 ¥94.4

138.58%

Fast Food Meal (McDonalds, etc)

$7.23 COP 25.2K

$3.51 ¥23.72

105.98%

Cappuccino

$1.63 COP 5,687

$3.13 ¥21.19

-47.92%

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

$1.09 COP 3,821

$0.36 ¥2.46

202.78%

Water (0.33 liter bottle)

$0.73 COP 2,548

$0.24 ¥1.61

204.17%

Local Beer (0.5 liter draught)

$1.74 COP 6,065

$0.81 ¥5.48

114.81%

Imported Beer (0.33 liter bottle)

$3.23 COP 11.3K

$1.49 ¥10.08

116.78%

Milk (1 liter)

$1.05 COP 3,662

$1.35 ¥9.16

-22.22%

White Bread (500g)

$1.29 COP 4,515

$1.51 ¥10.24

-14.57%

Rice (white) (1kg)

$1.32 COP 4,617

$0.54 ¥3.63

144.44%

Eggs

$2.27 COP 7,927

$0.86 ¥5.80

163.95%

Local Cheese (1kg)

$4.35 COP 15.2K

$18.98 ¥128

-77.08%

Chicken Fillets (1kg)

$5.88 COP 20.5K

$1.43 ¥9.67

311.19%

Beef Round Steak (1kg)

$8.61 COP 30.0K

$10.39 ¥70.3

-17.13%

Apples (1kg)

$2.25 COP 7,844

$1.25 ¥8.44

80.00%

Banana (1kg)

$1.07 COP 3,733

$1.11 ¥7.52

-3.60%

Oranges (1kg)

$1.52 COP 5,322

$1.34 ¥9.08

13.43%

Tomato (1kg)

$1.42 COP 4,964

$0.73 ¥4.92

94.52%

Potato (1kg)

$1.17 COP 4,084

$0.55 ¥3.72

112.73%

Onion (1kg)

$1.17 COP 4,077

$0.77 ¥5.23

51.95%

Lettuce (1 head)

$0.89 COP 3,096

$0.55 ¥3.74

61.82%

Water (1.5 liter bottle)

$0.90 COP 3,146

$0.59 ¥4.02

52.54%

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 COP 7,837

$3.55 ¥24.00

-36.62%

Wine (Bottle)

$11.04 COP 38.5K

$10.60 ¥71.7

4.15%

Local Beer (0.5 liter bottle)

$1.14 COP 3,977

$0.43 ¥2.93

165.12%

Imported Beer (0.33 liter bottle)

$2.38 COP 8,301

$1.53 ¥10.32

55.56%

One-way Ticket (Public Transport)

$0.84 COP 2,916

$0.27 ¥1.82

211.11%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

$16.98 ¥115

147.06%

Taxi Start (Normal Tariff)

$1.41 COP 4,912

$0.82 ¥5.58

71.95%

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

$0.35 ¥2.39

442.86%

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

$3.93 ¥26.59

97.20%

Gasoline (1 liter)

$1.01 COP 3,509

$1.10 ¥7.41

-8.18%

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

$17.6K COP 61.4M

$17.8K ¥120.6K

-1.42%

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

$26.5K COP 92.5M

$13.7K ¥92.9K

92.85%

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

$83.7 COP 292.1K

$42.22 ¥285

98.20%

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

$9.45 COP 33.0K

$4.22 ¥28.51

123.93%

Internet (50+ Mbps, Unlimited Data)

$24.11 COP 84.1K

$6.83 ¥46.16

253.00%

Gym Membership (Monthly)

$25.31 COP 88.3K

$41.55 ¥281

-39.09%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

$13.99 ¥94.6

36.81%

Cinema Ticket

$4.10 COP 14.3K

$6.78 ¥45.82

-39.53%

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

$312 COP 1.1M

$273 ¥1,846

14.28%

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

$9,551 ¥64.6K

-37.25%

Jeans (Levis 501 Or Similar)

$58.0 COP 202.6K

$41.94 ¥284

38.39%

Summer Dress (H&M, Zara, etc)

$32.56 COP 113.6K

$50.6 ¥342

-35.61%

Sport Shoes (Adidas, Nike)

$99.6 COP 347.7K

$69.1 ¥467

44.27%

Men's Leather Business Shoes

$109 COP 378.8K

$93.8 ¥635

15.66%

1-bedroom Apartment, City Center (Monthly)

$482 COP 1.7M

$281 ¥1,897

71.93%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.3M

$188 ¥1,270

102.02%

3-bedroom Apartment, City Center (Monthly)

$837 COP 2.9M

$583 ¥3,942

43.65%

3-bedroom Apartment, Outside City Center (Monthly)

$723 COP 2.5M

$361 ¥2,441

100.27%

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

$3,130 ¥21.2K

-9.28%

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

$1,796 ¥12.1K

-31.89%

Average Monthly Net Salary (After Tax)

$541 COP 1.9M

$601 ¥4,065

-10.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

3.9

244.36%

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

Last update for Medellin: June 8, 2026

Last update for Panjin: June 9, 2026

Cost Breakdown

A central one-bedroom costs $482 in Medellin versus $281 in Panjin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 11% higher in Panjin, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $33.00 in Medellin versus $14.00 in Panjin. Groceries tell a different story – $190 in Medellin vs $190 in Panjin – so Medellin wins on supermarket bills even if dining out costs more.

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 Panjin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 41%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,525 per month in Medellin and $1,082 in Panjin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Panjin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $33.00 in Medellin and $14.00 in Panjin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,017 in Medellin and $721 in Panjin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,000 monthly budget goes further in Panjin, where all-in costs run around $721, than in Medellin at $1,017. In Panjin it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Panjin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Panjin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.