Cost of Living Comparison Between Belmont, NSW and Medellin Cost of Living Comparison Between Belmont, NSW and Medellin

Monthly Cost of Living

A single person spends $2,235 per month in Belmont, NSW vs $1,017 in Medellin, rent included.

A couple spends around $3,260 per month in Belmont, NSW vs $1,602 in Medellin, rent included.

A family of three spends $4,285 per month in Belmont, NSW vs $2,188 in Medellin, rent included.

Belmont, NSW costs about 120% more than Medellin, driven mainly by Eating Out.

Belmont, NSW sits 66% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.53 A$23.35

$5.95 COP 20.8K

177.82%

Three-Course Dinner for Two, Mid-Range

$78.1 A$110

$33.33 COP 116.3K

134.41%

Fast Food Meal (McDonalds, etc)

$9.83 A$13.89

$7.23 COP 25.2K

35.96%

Cappuccino

$3.38 A$4.78

$1.63 COP 5,687

107.36%

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

$2.53 A$3.58

$1.09 COP 3,821

132.11%

Water (0.33 liter bottle)

$2.13 A$3.00

$0.73 COP 2,548

191.78%

Local Beer (0.5 liter draught)

$6.65 A$9.40

$1.74 COP 6,065

282.18%

Imported Beer (0.33 liter bottle)

$7.28 A$10.29

$3.23 COP 11.3K

125.39%

Milk (1 liter)

$1.44 A$2.04

$1.05 COP 3,662

37.14%

White Bread (500g)

$2.32 A$3.27

$1.29 COP 4,515

79.84%

Rice (white) (1kg)

$1.97 A$2.79

$1.32 COP 4,617

49.24%

Eggs

$4.35 A$6.14

$2.27 COP 7,927

91.63%

Local Cheese (1kg)

$8.70 A$12.30

$4.35 COP 15.2K

100.00%

Chicken Fillets (1kg)

$8.62 A$12.18

$5.88 COP 20.5K

46.60%

Beef Round Steak (1kg)

$13.89 A$19.63

$8.61 COP 30.0K

61.32%

Apples (1kg)

$3.21 A$4.53

$2.25 COP 7,844

42.67%

Banana (1kg)

$2.81 A$3.97

$1.07 COP 3,733

162.62%

Oranges (1kg)

$2.97 A$4.20

$1.52 COP 5,322

95.39%

Tomato (1kg)

$4.17 A$5.89

$1.42 COP 4,964

193.66%

Potato (1kg)

$2.42 A$3.42

$1.17 COP 4,084

106.84%

Onion (1kg)

$2.09 A$2.95

$1.17 COP 4,077

78.63%

Lettuce (1 head)

$2.09 A$2.95

$0.89 COP 3,096

134.83%

Water (1.5 liter bottle)

$1.59 A$2.25

$0.90 COP 3,146

76.67%

Cigarettes 20 Pack (Marlboro, Camel)

$30.62 A$43.26

$2.25 COP 7,837

1260.89%

Wine (Bottle)

$14.63 A$20.67

$11.04 COP 38.5K

32.52%

Local Beer (0.5 liter bottle)

$4.66 A$6.59

$1.14 COP 3,977

308.77%

Imported Beer (0.33 liter bottle)

$5.28 A$7.46

$2.38 COP 8,301

121.85%

One-way Ticket (Public Transport)

$2.64 A$3.73

$0.84 COP 2,916

214.29%

Public Transport Monthly Pass (Regular Price)

$63.8 A$90.2

$41.95 COP 146.4K

52.09%

Taxi Start (Normal Tariff)

$3.52 A$4.97

$1.41 COP 4,912

149.65%

Taxi (Normal Tariff) (1km)

$1.60 A$2.26

$1.90 COP 6,634

-15.79%

Taxi 1hour Waiting (Normal Tariff)

$34.04 A$48.09

$7.75 COP 27.0K

339.23%

Gasoline (1 liter)

$1.19 A$1.69

$1.01 COP 3,509

17.82%

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

$28.6K A$40.4K

$17.6K COP 61.4M

62.68%

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

$22.5K A$31.8K

$26.5K COP 92.5M

-15.09%

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

$186 A$263

$83.7 COP 292.1K

122.56%

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

$27.81 A$39.30

$9.45 COP 33.0K

194.29%

Internet (50+ Mbps, Unlimited Data)

$51.7 A$73.1

$24.11 COP 84.1K

114.43%

Gym Membership (Monthly)

$49.11 A$69.4

$25.31 COP 88.3K

94.03%

Tennis Court (1 Hour on Weekend)

$15.51 A$21.91

$19.14 COP 66.8K

-18.97%

Cinema Ticket

$13.24 A$18.71

$4.10 COP 14.3K

222.93%

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

$1,652 A$2,334

$312 COP 1.1M

429.63%

International Primary School, 1 Child (Yearly)

$11.9K A$16.8K

$5,993 COP 20.9M

98.77%

Jeans (Levis 501 Or Similar)

$69.1 A$97.7

$58.0 COP 202.6K

19.11%

Summer Dress (H&M, Zara, etc)

$50.5 A$71.4

$32.56 COP 113.6K

55.10%

Sport Shoes (Adidas, Nike)

$99.7 A$141

$99.6 COP 347.7K

0.10%

Men's Leather Business Shoes

$108 A$152

$109 COP 378.8K

-0.64%

1-bedroom Apartment, City Center (Monthly)

$1,244 A$1,758

$482 COP 1.7M

157.96%

1-bedroom Apartment, Outside City Center (Monthly)

$1,075 A$1,518

$379 COP 1.3M

183.20%

3-bedroom Apartment, City Center (Monthly)

$1,990 A$2,812

$837 COP 2.9M

137.67%

3-bedroom Apartment, Outside City Center (Monthly)

$1,671 A$2,361

$723 COP 2.5M

131.11%

Buy Apartment in City Center (m2)

$6,086 A$8,599

$2,840 COP 9.9M

114.31%

Buy Apartment Outside City Center (m2)

$5,118 A$7,231

$1,223 COP 4.3M

318.44%

Average Monthly Net Salary (After Tax)

$541 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

6.34

13.43

-52.79%

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

Last update for Belmont, NSW: June 6, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $1,244 in Belmont, NSW versus $482 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $78.0 in Belmont, NSW versus $33.00 in Medellin. Monthly groceries follow the same trend: $341 vs $190 – making Medellin the more affordable choice for daily food spending.

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

Belmont, NSW vs Medellin: Cost of Living - Frequently Asked Questions

Belmont, NSW costs about 120% more than Medellin, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,352 per month in Belmont, NSW and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 52% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,652 per month in Belmont, NSW and $312 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,017, than in Belmont, NSW at $2,235. In Medellin it covers expenses comfortably, while in Belmont, NSW it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,017 versus $2,235 in Belmont, NSW. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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