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 $2,541 per month in Belmont, NSW vs $1,687 in Medellin, rent included.

A couple spends around $3,694 per month in Belmont, NSW vs $2,535 in Medellin, rent included.

A family of three spends $4,847 per month in Belmont, NSW vs $3,383 in Medellin, rent included.

Belmont, NSW costs about 51% more than Medellin, driven mainly by Eating Out.

Both Belmont, NSW and Medellin sit above the global median – Belmont, NSW by 85%, Medellin by 23%.

Meal at Budget Restaurant

$18.84 A$26.45

$7.89 COP 24.2K

138.78%

Three-Course Dinner for Two, Mid-Range

$91.0 A$128

$44.53 COP 136.5K

104.27%

Fast Food Meal (McDonalds, etc)

$11.46 A$16.09

$9.29 COP 28.5K

23.36%

Cappuccino

$3.73 A$5.24

$2.90 COP 8,874

28.62%

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

$3.05 A$4.28

$1.81 COP 5,541

68.51%

Water (0.33 liter bottle)

$2.25 A$3.16

$1.55 COP 4,741

45.16%

Local Beer (0.5 liter draught)

$8.86 A$12.45

$3.25 COP 9,962

172.62%

Imported Beer (0.33 liter bottle)

$8.43 A$11.83

$5.88 COP 18.0K

43.37%

Milk (1 liter)

$1.61 A$2.27

$1.38 COP 4,230

16.67%

White Bread (500g)

$2.47 A$3.47

$2.45 COP 7,517

0.82%

Rice (white) (1kg)

$2.39 A$3.35

$1.51 COP 4,617

58.28%

Eggs

$4.59 A$6.45

$2.78 COP 8,516

65.11%

Local Cheese (1kg)

$10.23 A$14.36

$9.05 COP 27.7K

13.04%

Chicken Fillets (1kg)

$8.53 A$11.97

$10.65 COP 32.6K

-19.91%

Beef Round Steak (1kg)

$16.82 A$23.61

$14.63 COP 44.8K

14.97%

Apples (1kg)

$3.69 A$5.18

$3.97 COP 12.2K

-7.05%

Banana (1kg)

$3.48 A$4.89

$1.38 COP 4,219

152.17%

Oranges (1kg)

$2.87 A$4.03

$2.30 COP 7,056

24.78%

Tomato (1kg)

$4.91 A$6.90

$2.02 COP 6,185

143.07%

Potato (1kg)

$2.87 A$4.03

$2.09 COP 6,390

37.32%

Onion (1kg)

$2.60 A$3.65

$1.63 COP 4,996

59.51%

Lettuce (1 head)

$2.70 A$3.80

$1.08 COP 3,313

150.00%

Water (1.5 liter bottle)

$1.50 A$2.10

$1.25 COP 3,843

20.00%

Cigarettes 20 Pack (Marlboro, Camel)

$37.92 A$53.3

$4.03 COP 12.4K

840.94%

Wine (Bottle)

$13.53 A$18.99

$13.47 COP 41.3K

0.45%

Local Beer (0.5 liter bottle)

$4.34 A$6.10

$1.60 COP 4,904

171.25%

Imported Beer (0.33 liter bottle)

$4.90 A$6.89

$3.00 COP 9,189

63.33%

One-way Ticket (Public Transport)

$2.83 A$3.97

$1.18 COP 3,611

139.83%

Public Transport Monthly Pass (Regular Price)

$80.7 A$113

$79.9 COP 244.9K

0.99%

Taxi Start (Normal Tariff)

$3.29 A$4.62

$1.61 COP 4,920

104.35%

Taxi (Normal Tariff) (1km)

$1.41 A$1.98

$2.13 COP 6,533

-33.80%

Taxi 1hour Waiting (Normal Tariff)

$39.06 A$54.9

$8.52 COP 26.1K

358.45%

Gasoline (1 liter)

$1.27 A$1.78

$1.35 COP 4,142

-5.93%

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

$28.9K A$40.6K

$28.3K COP 86.8M

2.11%

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

$33.7K A$47.4K

$35.7K COP 109.4M

-5.52%

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

$230 A$322

$151 COP 463.8K

51.69%

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

$26.33 A$36.97

$13.10 COP 40.1K

100.99%

Internet (50+ Mbps, Unlimited Data)

$59.9 A$84.1

$32.30 COP 99.0K

85.51%

Gym Membership (Monthly)

$61.2 A$85.9

$46.33 COP 141.9K

32.05%

Tennis Court (1 Hour on Weekend)

$17.16 A$24.10

$17.26 COP 52.9K

-0.58%

Cinema Ticket

$16.73 A$23.49

$6.43 COP 19.7K

160.19%

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

$2,460 A$3,454

$835 COP 2.6M

194.67%

International Primary School, 1 Child (Yearly)

$18.5K A$26.0K

$8,887 COP 27.2M

108.45%

Jeans (Levis 501 Or Similar)

$67.1 A$94.2

$89.3 COP 273.7K

-24.93%

Summer Dress (H&M, Zara, etc)

$60.0 A$84.3

$55.3 COP 169.5K

8.50%

Sport Shoes (Adidas, Nike)

$119 A$167

$137 COP 418.5K

-12.78%

Men's Leather Business Shoes

$119 A$167

$109 COP 335.1K

8.59%

1-bedroom Apartment, City Center (Monthly)

$1,242 A$1,744

$952 COP 2.9M

30.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,287 A$1,808

$668 COP 2.0M

92.70%

3-bedroom Apartment, City Center (Monthly)

$2,379 A$3,340

$2,020 COP 6.2M

17.76%

3-bedroom Apartment, Outside City Center (Monthly)

$1,674 A$2,350

$1,148 COP 3.5M

45.72%

Buy Apartment in City Center (m2)

$5,981 A$8,399

$3,696 COP 11.3M

61.84%

Buy Apartment Outside City Center (m2)

$5,012 A$7,038

$1,586 COP 4.9M

216.12%

Average Monthly Net Salary (After Tax)

$625 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

5.81

10.43

-44.30%

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

Last update for Belmont, NSW: August 18, 2026

Last update for Medellin: August 17, 2026

Cost Breakdown

A central one-bedroom costs $1,242 in Belmont, NSW versus $952 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 $91.0 in Belmont, NSW versus $45.00 in Medellin. Monthly groceries follow the same trend: $369 vs $297 – 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 51% 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 $3,811 per month in Belmont, NSW and $2,530 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 1% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $2,460 per month in Belmont, NSW and $835 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,687, than in Belmont, NSW at $2,541. 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 $1,687 versus $2,541 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.