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 $2,265 per month in Belmont, NSW vs $1,034 in Medellin, rent included.

A couple spends around $3,262 per month in Belmont, NSW vs $1,577 in Medellin, rent included.

A family of three spends $4,258 per month in Belmont, NSW vs $2,120 in Medellin, rent included.

Belmont, NSW costs about 119% more than Medellin, driven mainly by Eating Out.

Belmont, NSW sits 69% above the global median, while Medellin is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.09 A$22.53

$5.92 COP 21.4K

171.79%

Three-Course Dinner for Two, Mid-Range

$79.5 A$111

$32.75 COP 118.2K

142.78%

Fast Food Meal (McDonalds, etc)

$9.90 A$13.87

$7.20 COP 26.0K

37.50%

Cappuccino

$3.34 A$4.67

$1.70 COP 6,140

96.47%

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

$2.63 A$3.68

$1.10 COP 3,966

139.09%

Water (0.33 liter bottle)

$2.12 A$2.97

$0.72 COP 2,605

194.44%

Local Beer (0.5 liter draught)

$6.52 A$9.13

$1.67 COP 6,022

290.42%

Imported Beer (0.33 liter bottle)

$7.28 A$10.19

$3.10 COP 11.2K

134.84%

Milk (1 liter)

$1.44 A$2.01

$1.06 COP 3,809

35.85%

White Bread (500g)

$2.34 A$3.28

$1.25 COP 4,497

87.20%

Rice (white) (1kg)

$1.93 A$2.71

$1.39 COP 5,022

38.85%

Eggs

$4.31 A$6.04

$2.26 COP 8,168

90.71%

Local Cheese (1kg)

$8.33 A$11.67

$4.33 COP 15.6K

92.38%

Chicken Fillets (1kg)

$8.51 A$11.91

$5.84 COP 21.1K

45.72%

Beef Round Steak (1kg)

$13.43 A$18.81

$8.83 COP 31.9K

52.10%

Apples (1kg)

$3.32 A$4.64

$2.24 COP 8,099

48.21%

Banana (1kg)

$2.80 A$3.93

$1.08 COP 3,882

159.26%

Oranges (1kg)

$2.87 A$4.02

$1.53 COP 5,522

87.58%

Tomato (1kg)

$4.21 A$5.89

$1.37 COP 4,950

207.30%

Potato (1kg)

$2.51 A$3.51

$1.13 COP 4,078

122.12%

Onion (1kg)

$2.09 A$2.92

$1.12 COP 4,036

86.61%

Lettuce (1 head)

$2.09 A$2.93

$0.85 COP 3,057

145.88%

Water (1.5 liter bottle)

$1.54 A$2.15

$0.91 COP 3,281

69.23%

Cigarettes 20 Pack (Marlboro, Camel)

$30.69 A$42.97

$2.33 COP 8,414

1217.17%

Wine (Bottle)

$15.69 A$21.97

$11.13 COP 40.2K

40.97%

Local Beer (0.5 liter bottle)

$4.55 A$6.36

$1.19 COP 4,309

282.35%

Imported Beer (0.33 liter bottle)

$5.24 A$7.34

$2.37 COP 8,553

121.10%

One-way Ticket (Public Transport)

$2.66 A$3.73

$0.79 COP 2,838

236.71%

Public Transport Monthly Pass (Regular Price)

$65.9 A$92.2

$41.13 COP 148.5K

60.18%

Taxi Start (Normal Tariff)

$3.52 A$4.93

$1.44 COP 5,184

144.44%

Taxi (Normal Tariff) (1km)

$1.63 A$2.28

$1.91 COP 6,901

-14.66%

Taxi 1hour Waiting (Normal Tariff)

$34.07 A$47.69

$8.02 COP 28.9K

324.81%

Gasoline (1 liter)

$1.15 A$1.61

$0.94 COP 3,385

22.34%

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

$28.8K A$40.3K

$17.9K COP 64.7M

60.47%

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

$22.9K A$32.1K

$26.8K COP 96.7M

-14.50%

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

$185 A$259

$84.0 COP 303.1K

120.12%

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

$27.63 A$38.68

$9.60 COP 34.7K

187.81%

Internet (50+ Mbps, Unlimited Data)

$53.4 A$74.8

$24.16 COP 87.2K

121.19%

Gym Membership (Monthly)

$48.00 A$67.2

$25.88 COP 93.4K

85.47%

Tennis Court (1 Hour on Weekend)

$15.91 A$22.27

$19.04 COP 68.7K

-16.44%

Cinema Ticket

$12.91 A$18.08

$3.92 COP 14.1K

229.34%

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

$1,631 A$2,284

$306 COP 1.1M

432.54%

International Primary School, 1 Child (Yearly)

$12.1K A$17.0K

$5,919 COP 21.4M

105.05%

Jeans (Levis 501 Or Similar)

$69.2 A$96.9

$57.9 COP 209.1K

19.55%

Summer Dress (H&M, Zara, etc)

$50.2 A$70.2

$31.82 COP 114.9K

57.61%

Sport Shoes (Adidas, Nike)

$100 A$140

$99.9 COP 360.6K

0.37%

Men's Leather Business Shoes

$107 A$149

$107 COP 386.8K

-0.35%

1-bedroom Apartment, City Center (Monthly)

$1,244 A$1,741

$487 COP 1.8M

155.53%

1-bedroom Apartment, Outside City Center (Monthly)

$1,060 A$1,484

$368 COP 1.3M

188.06%

3-bedroom Apartment, City Center (Monthly)

$2,047 A$2,866

$826 COP 3.0M

147.95%

3-bedroom Apartment, Outside City Center (Monthly)

$1,706 A$2,388

$716 COP 2.6M

138.18%

Buy Apartment in City Center (m2)

$5,371 A$7,520

$2,925 COP 10.6M

83.63%

Buy Apartment Outside City Center (m2)

$5,443 A$7,620

$1,407 COP 5.1M

286.89%

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

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: April 28, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $1,244 in Belmont, NSW versus $487 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 $80.0 in Belmont, NSW versus $33.00 in Medellin. Monthly groceries follow the same trend: $340 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 119% 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 $3,397 per month in Belmont, NSW and $1,550 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 60% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,631 per month in Belmont, NSW and $306 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 $1,034, than in Belmont, NSW at $2,265. 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 $1,034 versus $2,265 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.