Last update: Oct 2026

Cost of Living Comparison Between Ipswich, Australia and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $2,055 in Ipswich, rent and utilities included – about $5,000 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Medellin
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Medellin Living Index

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Ipswich

🇦🇺 Australia

$2,055

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

How much you'll spend in Ipswich 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 Ipswich and in Medellin actually costs, broken down by who's living it.

A single person spends $2,055 per month in Ipswich vs $1,639 in Medellin, rent included.

Ipswich $2,055
Medellin $1,639

A couple spends around $2,914 per month in Ipswich vs $2,413 in Medellin, rent included.

Ipswich $2,914
Medellin $2,413

A family of three spends $3,773 per month in Ipswich vs $3,186 in Medellin, rent included.

Ipswich $3,773
Medellin $3,186

Ipswich costs about 25% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Ipswich and Medellin sit above the global median – Ipswich by 51%, Medellin by 20%.

Meal at Budget Restaurant

$32.17 A$45.72

$8.09 COP 26.1K

297.65%

Three-Course Dinner for Two, Mid-Range

$75.7 A$108

$47.05 COP 151.7K

60.79%

Fast Food Meal (McDonalds, etc)

$10.05 A$14.29

$9.50 COP 30.6K

5.79%

Cappuccino

$4.60 A$6.53

$3.01 COP 9,722

52.82%

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

$3.76 A$5.35

$1.80 COP 5,801

108.89%

Water (0.33 liter bottle)

$2.43 A$3.45

$1.41 COP 4,554

72.34%

Local Beer (0.5 liter draught)

$9.24 A$13.13

$3.18 COP 10.2K

190.57%

Imported Beer (0.33 liter bottle)

$7.67 A$10.90

$5.75 COP 18.5K

33.39%

Milk (1 liter)

$2.49 A$3.54

$1.51 COP 4,869

64.90%

White Bread (500g)

$2.41 A$3.42

$2.38 COP 7,667

1.26%

Rice (white) (1kg)

$2.26 A$3.21

$1.77 COP 5,712

27.68%

Eggs

$7.19 A$10.22

$2.89 COP 9,320

148.79%

Local Cheese (1kg)

$7.19 A$10.23

$10.19 COP 32.9K

-29.44%

Chicken Fillets (1kg)

$8.65 A$12.29

$9.87 COP 31.8K

-12.36%

Beef Round Steak (1kg)

$13.77 A$19.57

$13.99 COP 45.1K

-1.57%

Apples (1kg)

$3.33 A$4.74

$3.97 COP 12.8K

-16.12%

Banana (1kg)

$2.70 A$3.84

$1.55 COP 5,005

74.19%

Oranges (1kg)

$2.75 A$3.90

$2.18 COP 7,039

26.15%

Tomato (1kg)

$3.79 A$5.38

$2.18 COP 7,041

73.85%

Potato (1kg)

$2.00 A$2.84

$1.96 COP 6,328

2.04%

Onion (1kg)

$2.06 A$2.93

$1.59 COP 5,125

29.56%

Lettuce (1 head)

$2.44 A$3.46

$1.15 COP 3,694

112.17%

Water (1.5 liter bottle)

$1.70 A$2.42

$1.24 COP 4,009

37.10%

Cigarettes 20 Pack (Marlboro, Camel)

$44.66 A$63.5

$3.96 COP 12.8K

1027.78%

Wine (Bottle)

$21.65 A$30.78

$13.68 COP 44.1K

58.26%

Local Beer (0.5 liter bottle)

$6.39 A$9.08

$1.66 COP 5,352

284.94%

Imported Beer (0.33 liter bottle)

$7.16 A$10.18

$2.26 COP 7,281

216.81%

One-way Ticket (Public Transport)

$0.34 A$0.48

$1.17 COP 3,766

-70.94%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.5K

Taxi Start (Normal Tariff)

$2.19 A$3.11

$1.27 COP 4,089

72.44%

Taxi (Normal Tariff) (1km)

$1.64 A$2.34

$2.05 COP 6,603

-20.00%

Taxi 1hour Waiting (Normal Tariff)

$35.81 A$50.9

$8.55 COP 27.6K

318.83%

Gasoline (1 liter)

$1.42 A$2.02

$1.35 COP 4,343

5.19%

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

$34.1K COP 109.8M

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

$34.7K COP 111.8M

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

$91.8 A$130

$170 COP 547.0K

-45.91%

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

$31.51 A$44.79

$13.55 COP 43.7K

132.55%

Internet (50+ Mbps, Unlimited Data)

$62.6 A$89.0

$28.07 COP 90.5K

123.09%

Gym Membership (Monthly)

$17.21 A$24.46

$43.70 COP 140.9K

-60.62%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.4K

Cinema Ticket

$6.91 COP 22.3K

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

$797 COP 2.6M

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

Jeans (Levis 501 Or Similar)

$84.7 COP 273.2K

Summer Dress (H&M, Zara, etc)

$58.0 COP 186.9K

Sport Shoes (Adidas, Nike)

$135 COP 435.2K

Men's Leather Business Shoes

$97.9 COP 315.6K

1-bedroom Apartment, City Center (Monthly)

$1,045 A$1,485

$1,208 COP 3.9M

-13.51%

1-bedroom Apartment, Outside City Center (Monthly)

$1,025 A$1,457

$642 COP 2.1M

59.81%

3-bedroom Apartment, City Center (Monthly)

$1,403 A$1,994

$2,028 COP 6.5M

-30.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,381 A$1,963

$1,012 COP 3.3M

36.50%

Buy Apartment in City Center (m2)

$4,170 COP 13.4M

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

Average Monthly Net Salary (After Tax)

$4,151 A$5,900

$657 COP 2.1M

531.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.98

10.94

-45.34%

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

Last update for Ipswich: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Ipswich

–

Medellin

$642 39.1%

Groceries & Markets

Ipswich

–

Medellin

$297 18.1%

Monthly Utilities & Internet

Ipswich

–

Medellin

$211 12.9%

Eating Out

Ipswich

–

Medellin

$170 10.4%

Clothing & Footwear

Ipswich

–

Medellin

$169 10.3%

Getting Around

Ipswich

–

Medellin

$94 5.7%

Sport & Entertainment

Ipswich

–

Medellin

$58 3.5%

Cost Breakdown

A central one-bedroom costs $1,045 in Ipswich versus $1,208 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 in Ipswich are about 6.3 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $76 in Ipswich versus $47 in Medellin. Monthly groceries follow the same trend: $386 vs $297 – making Medellin the more affordable choice for daily food spending.

Good to know

🇦🇺 Ipswich

🇨🇴 Medellin

🕒 Local time

10:31 10:31 AM

19:31 7:31 PM

15 h behind Ipswich

🌤 Weather

👥 Population

229,208

2,486,723

💱 Currency

Australian Dollar AUD $

Colombian Peso COP $

📈 Exchange rate

1 AUD = 0.704 USD

1 AUD = 0.63 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

Exchange rates and currency converter

COP, USD, EUR to AUD – Australian Dollar Converter

🇺🇸 United States Dollar ($)

🇦🇺 Australian Dollar ($)

Australian Dollar exchange rates as of November 2, 2026: 1 USD = 1.42 AUD (1 AUD = 0.704 USD). 1 EUR = 1.59 AUD (1 AUD = 0.63 EUR).

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,224 COP (10,000 COP = 3.1 USD). 1 EUR = 3,600 COP (10,000 COP = 2.78 EUR).

USD to AUD in detail →

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Between locations

Ipswich Medellin 14,400 km ≈ 18 h nonstop flight

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Ipswich
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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

Ipswich vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Ipswich is pricier by about 25%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,082 per month in Ipswich and $2,459 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ipswich, especially for central apartments: a one-bedroom in the center costs $1,045 there versus $1,208 in Medellin.

Groceries cost about 30% more in Ipswich, though the gap depends on what you buy.

A mid-range dinner for two costs $76 in Ipswich and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$2,500 covers both cities comfortably – all-in costs are $2,055 in Ipswich and $1,639 in Medellin, leaving budget for savings and extras in both cases.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,639 in Medellin to $2,055 in Ipswich. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Medellin. If higher salaries or specific career opportunities are the priority, Ipswich makes more sense. Both are solid long-term options with distinct trade-offs.