Last update: Oct 2026

Cost of Living Comparison Between Neum and Medellin

For one person, living is cheaper in Neum: $955 a month against $1,614 in Medellin, rent and utilities included – about $7,900 less a year. Rent and utilities account for most of the difference.

46

Cost of Living Index in Neum
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Neum Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

Jump to prices

Neum

🇧🇦 Bosnia and Herzegovina

$955

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

How much you'll spend in Neum and in Medellin

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

A single person spends $955 per month in Neum vs $1,614 in Medellin, rent included.

Neum $955
Medellin $1,614

A couple spends around $1,410 per month in Neum vs $2,402 in Medellin, rent included.

Neum $1,410
Medellin $2,402

A family of three spends $1,866 per month in Neum vs $3,190 in Medellin, rent included.

Neum $1,866
Medellin $3,190

Neum is about 41% cheaper than Medellin, and outside of rent the biggest gap is in groceries.

Neum sits 29% below the global median, while Medellin is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$5.29 BAM 9.24

$7.93 COP 25.3K

-33.29%

Three-Course Dinner for Two, Mid-Range

$30.98 BAM 54.1

$46.13 COP 147.1K

-32.84%

Fast Food Meal (McDonalds, etc)

$5.67 BAM 9.91

$9.50 COP 30.3K

-40.32%

Cappuccino

$1.90 BAM 3.32

$3.11 COP 9,920

-38.91%

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

$1.90 BAM 3.33

$1.83 COP 5,832

3.83%

Water (0.33 liter bottle)

$1.18 BAM 2.07

$1.38 COP 4,384

-14.49%

Local Beer (0.5 liter draught)

$2.52 BAM 4.41

$3.05 COP 9,725

-17.38%

Imported Beer (0.33 liter bottle)

$2.19 BAM 3.83

$5.50 COP 17.5K

-60.18%

Milk (1 liter)

$1.12 BAM 1.96

$1.45 COP 4,625

-22.76%

White Bread (500g)

$0.95 BAM 1.65

$2.36 COP 7,537

-59.75%

Rice (white) (1kg)

$2.07 BAM 3.62

$1.68 COP 5,358

23.21%

Eggs

$2.57 BAM 4.48

$2.86 COP 9,127

-10.14%

Local Cheese (1kg)

$7.88 BAM 13.77

$10.19 COP 32.5K

-22.67%

Chicken Fillets (1kg)

$7.37 BAM 12.87

$9.53 COP 30.4K

-22.67%

Beef Round Steak (1kg)

$10.39 BAM 18.15

$14.04 COP 44.8K

-26.00%

Apples (1kg)

$1.12 BAM 1.96

$4.07 COP 13.0K

-72.48%

Banana (1kg)

$1.62 BAM 2.83

$1.50 COP 4,768

8.00%

Oranges (1kg)

$1.36 BAM 2.37

$2.17 COP 6,929

-37.33%

Tomato (1kg)

$1.20 BAM 2.09

$2.31 COP 7,350

-48.05%

Potato (1kg)

$0.98 BAM 1.72

$1.93 COP 6,147

-49.22%

Onion (1kg)

$0.99 BAM 1.72

$1.64 COP 5,224

-39.63%

Lettuce (1 head)

$0.76 BAM 1.32

$1.13 COP 3,590

-32.74%

Water (1.5 liter bottle)

$0.71 BAM 1.24

$1.25 COP 3,976

-43.20%

Cigarettes 20 Pack (Marlboro, Camel)

$3.93 BAM 6.86

$3.99 COP 12.7K

-1.50%

Wine (Bottle)

$3.99 BAM 6.96

$13.35 COP 42.6K

-70.11%

Local Beer (0.5 liter bottle)

$0.78 BAM 1.36

$1.70 COP 5,413

-54.12%

Imported Beer (0.33 liter bottle)

$0.89 BAM 1.55

$2.37 COP 7,566

-62.45%

One-way Ticket (Public Transport)

$1.27 BAM 2.21

$1.21 COP 3,848

4.96%

Public Transport Monthly Pass (Regular Price)

$57.4 BAM 100

$76.5 COP 243.9K

-24.94%

Taxi Start (Normal Tariff)

$1.74 BAM 3.05

$1.32 COP 4,202

31.82%

Taxi (Normal Tariff) (1km)

$0.60 BAM 1.04

$2.14 COP 6,811

-71.96%

Taxi 1hour Waiting (Normal Tariff)

$5.79 BAM 10.11

$8.47 COP 27.0K

-31.64%

Gasoline (1 liter)

$1.55 BAM 2.70

$1.30 COP 4,137

19.23%

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

$29.9K BAM 52.2K

$28.0K COP 89.2M

6.69%

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

$21.3K BAM 37.3K

$35.4K COP 112.9M

-39.79%

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

$135 BAM 237

$172 COP 548.6K

-21.31%

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

$17.64 BAM 30.82

$13.37 COP 42.6K

31.94%

Internet (50+ Mbps, Unlimited Data)

$25.86 BAM 45.18

$28.73 COP 91.6K

-9.99%

Gym Membership (Monthly)

$32.47 BAM 56.7

$45.24 COP 144.2K

-28.23%

Tennis Court (1 Hour on Weekend)

$11.52 BAM 20.13

$17.04 COP 54.3K

-32.39%

Cinema Ticket

$5.74 BAM 10.02

$6.28 COP 20.0K

-8.60%

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

$198 BAM 346

$770 COP 2.5M

-74.30%

International Primary School, 1 Child (Yearly)

$2,317 BAM 4,048

$9,011 COP 28.7M

-74.29%

Jeans (Levis 501 Or Similar)

$59.4 BAM 104

$86.4 COP 275.5K

-31.29%

Summer Dress (H&M, Zara, etc)

$33.42 BAM 58.4

$57.1 COP 182.1K

-41.50%

Sport Shoes (Adidas, Nike)

$85.8 BAM 150

$137 COP 435.3K

-37.14%

Men's Leather Business Shoes

$83.3 BAM 146

$97.9 COP 312.1K

-14.91%

1-bedroom Apartment, City Center (Monthly)

$345 BAM 603

$1,055 COP 3.4M

-67.31%

1-bedroom Apartment, Outside City Center (Monthly)

$248 BAM 433

$616 COP 2.0M

-59.79%

3-bedroom Apartment, City Center (Monthly)

$506 BAM 884

$1,892 COP 6.0M

-73.26%

3-bedroom Apartment, Outside City Center (Monthly)

$355 BAM 620

$1,023 COP 3.3M

-65.29%

Buy Apartment in City Center (m2)

$2,410 BAM 4,210

$4,059 COP 12.9M

-40.63%

Buy Apartment Outside City Center (m2)

$1,786 BAM 3,120

$1,678 COP 5.4M

6.41%

Average Monthly Net Salary (After Tax)

$847 BAM 1,480

$652 COP 2.1M

29.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.9

10.94

-73.49%

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

Last update for Neum: October 11, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Neum

$248 25.9%

Medellin

$616 38.2% 149% $368

Groceries & Markets

Neum

$188 19.7%

Medellin

$295 18.3% 57% $107

Monthly Utilities & Internet

Neum

$179 18.7%

Medellin

$214 13.3% 19.7% $35

Clothing & Footwear

Neum

$118 12.4%

Medellin

$170 10.5% 44.3% $52

Eating Out

Neum

$112 11.7%

Medellin

$168 10.4% 51% $57

Getting Around

Neum

$67 7%

Medellin

$93 5.8% 38.9% $26

Sport & Entertainment

Neum

$44 4.6%

Medellin

$58 3.6% 31.6% $14

Cost Breakdown

A central one-bedroom costs $345 in Neum versus $1,055 in Medellin. 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 30% higher in Neum, 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 $31.00 in Neum versus $46.00 in Medellin. Monthly groceries follow the same trend: $188 vs $295 – making Neum the more affordable choice for daily food spending.

Good to know

🇧🇦 Neum

🇨🇴 Medellin

🕒 Local time

07:14 7:14 AM

00:14 12:14 AM

7 h behind Neum

🌤 Weather

👥 Population

3,200

2,486,723

💱 Currency

Bosnia and Herzegovina Convertible Mark BAM KM

Colombian Peso COP $

📈 Exchange rate

1 BAM = 0.572 USD

1 BAM = 0.512 EUR

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

Exchange rates and currency converter

COP, USD, EUR to BAM – Bosnia and Herzegovina Convertible Mark Converter

🇺🇸 United States Dollar ($)

🇧🇦 Bosnia and Herzegovina Convertible Mark (KM)

Bosnia and Herzegovina Convertible Mark exchange rates as of October 14, 2026: 1 USD = 1.75 BAM (1 BAM = 0.572 USD). 1 EUR = 1.96 BAM (1 BAM = 0.512 EUR).

Colombian Peso exchange rates as of October 14, 2026: 1 USD = 3,188 COP (10,000 COP = 3.14 USD). 1 EUR = 3,568 COP (10,000 COP = 2.8 EUR).

USD to BAM in detail →

On the map

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Between locations

Neum Medellin 9,790 km ≈ 13 h nonstop flight

From you

Neum
Medellin

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

Neum vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 69%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,432 per month in Neum and $2,421 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Neum, 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 $31.00 in Neum and $46.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $955 in Neum and $1,614 in Medellin. That's a gap of about 69%.

A $2,000 monthly budget goes further in Neum, where all-in costs run around $955, than in Medellin at $1,614. In Neum it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Neum. 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.