Cost of Living Comparison Between Gozo and Medellin Cost of Living Comparison Between Gozo and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,897 in Gozo versus $1,716 in Medellin.

Estimated couple costs with rent: $2,827 in Gozo versus $2,527 in Medellin.

Monthly costs for a family of three with rent: $3,758 in Gozo versus $3,338 in Medellin.

Living in Gozo is roughly 11% more expensive than in Medellin, driven mainly by Eating Out.

Both cities are pricier than the global median: Gozo 38% above, Medellin 25% above.

Meal at Budget Restaurant

$28.83 €24.79

$8.03 COP 25.2K

259.03%

Three-Course Dinner for Two, Mid-Range

$98.9 €85.0

$48.26 COP 151.7K

104.85%

Fast Food Meal (McDonalds, etc)

$11.40 €9.80

$9.77 COP 30.7K

16.68%

Cappuccino

$3.20 €2.75

$2.91 COP 9,149

9.97%

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

$2.49 €2.14

$1.94 COP 6,110

28.35%

Water (0.33 liter bottle)

$1.43 €1.23

$1.52 COP 4,783

-5.92%

Local Beer (0.5 liter draught)

$3.47 €2.98

$3.09 COP 9,721

12.30%

Imported Beer (0.33 liter bottle)

$4.95 €4.26

$5.74 COP 18.1K

-13.76%

Milk (1 liter)

$1.25 €1.07

$1.36 COP 4,287

-8.09%

White Bread (500g)

$1.16 €1.00

$2.39 COP 7,505

-51.46%

Rice (white) (1kg)

$2.92 €2.51

$1.70 COP 5,346

71.76%

Eggs

$2.81 €2.41

$2.87 COP 9,021

-2.09%

Local Cheese (1kg)

$10.92 €9.39

$9.94 COP 31.2K

9.86%

Chicken Fillets (1kg)

$8.48 €7.29

$10.78 COP 33.9K

-21.34%

Beef Round Steak (1kg)

$18.71 €16.08

$14.73 COP 46.3K

27.02%

Apples (1kg)

$2.80 €2.41

$4.09 COP 12.8K

-31.54%

Banana (1kg)

$2.41 €2.07

$1.57 COP 4,940

53.50%

Oranges (1kg)

$2.75 €2.36

$2.13 COP 6,682

29.11%

Tomato (1kg)

$1.55 €1.34

$2.21 COP 6,959

-29.86%

Potato (1kg)

$1.93 €1.66

$2.05 COP 6,435

-5.85%

Onion (1kg)

$1.49 €1.28

$1.50 COP 4,728

-0.67%

Lettuce (1 head)

$1.46 €1.26

$1.19 COP 3,740

22.69%

Water (1.5 liter bottle)

$1.08 €0.93

$1.16 COP 3,640

-6.90%

Cigarettes 20 Pack (Marlboro, Camel)

$6.70 €5.76

$3.90 COP 12.2K

71.79%

Wine (Bottle)

$3.43 €2.95

$14.44 COP 45.4K

-76.25%

Local Beer (0.5 liter bottle)

$1.56 €1.34

$1.58 COP 4,978

-1.27%

Imported Beer (0.33 liter bottle)

$1.19 €1.03

$2.83 COP 8,889

-57.95%

One-way Ticket (Public Transport)

$2.87 €2.47

$1.17 COP 3,672

145.30%

Public Transport Monthly Pass (Regular Price)

$77.7 COP 244.3K

Taxi Start (Normal Tariff)

$4.18 €3.59

$1.28 COP 4,038

226.56%

Taxi (Normal Tariff) (1km)

$1.84 €1.59

$2.09 COP 6,576

-11.96%

Taxi 1hour Waiting (Normal Tariff)

$33.28 €28.61

$8.62 COP 27.1K

286.08%

Gasoline (1 liter)

$1.58 €1.36

$1.30 COP 4,080

21.54%

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

$29.3K €25.2K

$27.7K COP 86.9M

6.00%

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

$40.0K €34.4K

$35.5K COP 111.6M

12.78%

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

$96.3 €82.8

$176 COP 553.4K

-45.29%

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

$32.10 €27.59

$13.37 COP 42.0K

140.09%

Internet (50+ Mbps, Unlimited Data)

$30.47 €26.20

$29.89 COP 94.0K

1.94%

Gym Membership (Monthly)

$52.2 €44.90

$44.76 COP 140.7K

16.69%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.6K

Cinema Ticket

$11.95 €10.27

$6.20 COP 19.5K

92.74%

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

$286 €246

$793 COP 2.5M

-63.92%

International Primary School, 1 Child (Yearly)

$12.5K €10.8K

$9,019 COP 28.4M

39.03%

Jeans (Levis 501 Or Similar)

$78.0 €67.1

$85.6 COP 269.1K

-8.85%

Summer Dress (H&M, Zara, etc)

$52.7 €45.28

$58.5 COP 183.8K

-9.92%

Sport Shoes (Adidas, Nike)

$65.6 €56.4

$136 COP 428.4K

-51.87%

Men's Leather Business Shoes

$136 €117

$103 COP 324.1K

31.95%

1-bedroom Apartment, City Center (Monthly)

$954 €820

$1,060 COP 3.3M

-9.99%

1-bedroom Apartment, Outside City Center (Monthly)

$830 €714

$680 COP 2.1M

22.19%

3-bedroom Apartment, City Center (Monthly)

$1,478 €1,270

$2,012 COP 6.3M

-26.56%

3-bedroom Apartment, Outside City Center (Monthly)

$1,215 €1,045

$1,169 COP 3.7M

4.00%

Buy Apartment in City Center (m2)

$4,528 €3,892

$4,111 COP 12.9M

10.12%

Buy Apartment Outside City Center (m2)

$4,024 €3,460

$1,701 COP 5.3M

136.53%

Average Monthly Net Salary (After Tax)

$1,321 €1,136

$665 COP 2.1M

98.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

10.94

-65.45%

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

Last update for Gozo: August 30, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $954 in Gozo and $1,060 in Medellin. Housing cost is often the main lever when comparing two cities.

Gozo pays 99% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $99.0 in Gozo vs $48.00 in Medellin. Groceries flip the comparison at $270 vs $303, with Gozo cheaper for home cooking.

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

Gozo vs Medellin: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 11% lower than in Gozo. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

Average pay runs 99% higher in Gozo, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $954 in Gozo versus $1,060 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Gozo pay roughly 12% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,897 per month in Gozo versus $1,716 in Medellin – a 11% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,716 in Medellin versus $1,897 in Gozo, a $2,500 budget is realistic in Medellin but tight or insufficient in Gozo. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,716 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Safety-wise, Gozo and Medellin are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 11% less than in Gozo. Beyond cost, consider language, visa policies, and how big the international community is in each city.