Last update: Nov 2026

Cost of Living Comparison Between Latrobe Valley and Medellin

For one person, living is cheaper in Medellin: $1,692 a month against $2,533 in Latrobe Valley, rent and utilities included – about $10,100 less a year. Rent and utilities account for most of the difference.

121

Cost of Living Index in Latrobe Valley
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Latrobe Valley Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Latrobe Valley

🇦🇺 Australia

$2,533

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,533 in Latrobe Valley versus $1,692 in Medellin.

Latrobe Valley $2,533
Medellin $1,692

Estimated couple costs with rent: $3,664 in Latrobe Valley versus $2,471 in Medellin.

Latrobe Valley $3,664
Medellin $2,471

Monthly costs for a family of three with rent: $4,795 in Latrobe Valley versus $3,249 in Medellin.

Latrobe Valley $4,795
Medellin $3,249

Living in Latrobe Valley is roughly 50% more expensive than in Medellin, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Latrobe Valley 87% above, Medellin 25% above.

Meal at Budget Restaurant

$17.87 A$25.52

$8.34 COP 26.9K

114.27%

Three-Course Dinner for Two, Mid-Range

$84.2 A$120

$46.53 COP 150.1K

81.04%

Fast Food Meal (McDonalds, etc)

$10.72 A$15.31

$9.47 COP 30.6K

13.20%

Cappuccino

$3.93 A$5.61

$3.13 COP 10.1K

25.56%

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

$2.82 A$4.03

$1.77 COP 5,700

59.32%

Water (0.33 liter bottle)

$2.30 A$3.28

$1.42 COP 4,597

61.97%

Local Beer (0.5 liter draught)

$7.84 A$11.19

$3.15 COP 10.2K

148.89%

Imported Beer (0.33 liter bottle)

$7.71 A$11.02

$5.70 COP 18.4K

35.26%

Milk (1 liter)

$1.51 A$2.16

$1.53 COP 4,946

-1.31%

White Bread (500g)

$2.68 A$3.83

$2.29 COP 7,394

17.03%

Rice (white) (1kg)

$2.25 A$3.22

$1.94 COP 6,276

15.98%

Eggs

$5.00 A$7.14

$3.07 COP 9,895

62.87%

Local Cheese (1kg)

$9.20 A$13.14

$9.99 COP 32.2K

-7.91%

Chicken Fillets (1kg)

$9.38 A$13.40

$10.45 COP 33.7K

-10.24%

Beef Round Steak (1kg)

$14.56 A$20.80

$13.96 COP 45.0K

4.30%

Apples (1kg)

$3.76 A$5.37

$4.05 COP 13.1K

-7.16%

Banana (1kg)

$3.01 A$4.30

$1.53 COP 4,932

96.73%

Oranges (1kg)

$3.18 A$4.55

$2.10 COP 6,791

51.43%

Tomato (1kg)

$4.77 A$6.81

$2.29 COP 7,402

108.30%

Potato (1kg)

$2.72 A$3.89

$2.11 COP 6,807

28.91%

Onion (1kg)

$2.37 A$3.39

$1.71 COP 5,515

38.60%

Lettuce (1 head)

$2.33 A$3.33

$1.17 COP 3,776

99.15%

Water (1.5 liter bottle)

$1.58 A$2.26

$1.58 COP 5,099

Cigarettes 20 Pack (Marlboro, Camel)

$42.73 A$61.0

$3.91 COP 12.6K

992.84%

Wine (Bottle)

$14.06 A$20.08

$14.04 COP 45.3K

0.14%

Local Beer (0.5 liter bottle)

$4.63 A$6.62

$1.76 COP 5,685

163.07%

Imported Beer (0.33 liter bottle)

$5.15 A$7.36

$2.71 COP 8,752

90.04%

One-way Ticket (Public Transport)

$2.79 A$3.99

$1.18 COP 3,807

136.44%

Public Transport Monthly Pass (Regular Price)

$85.2 A$122

$76.3 COP 246.2K

11.63%

Taxi Start (Normal Tariff)

$3.57 A$5.09

$1.81 COP 5,831

97.24%

Taxi (Normal Tariff) (1km)

$1.63 A$2.33

$2.13 COP 6,871

-23.47%

Taxi 1hour Waiting (Normal Tariff)

$40.87 A$58.4

$8.13 COP 26.2K

402.71%

Gasoline (1 liter)

$1.32 A$1.88

$1.28 COP 4,115

3.13%

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

$29.9K A$42.7K

$34.4K COP 111.1M

-13.15%

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

$25.8K A$36.9K

$34.1K COP 110.1M

-24.31%

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

$210 A$300

$178 COP 573.5K

18.11%

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

$27.29 A$38.97

$13.89 COP 44.8K

96.47%

Internet (50+ Mbps, Unlimited Data)

$57.5 A$82.2

$30.74 COP 99.2K

87.18%

Gym Membership (Monthly)

$57.0 A$81.4

$41.94 COP 135.4K

35.88%

Tennis Court (1 Hour on Weekend)

$17.59 A$25.12

$16.80 COP 54.2K

4.70%

Cinema Ticket

$14.26 A$20.36

$7.47 COP 24.1K

90.90%

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

$2,154 A$3,076

$790 COP 2.5M

172.66%

International Primary School, 1 Child (Yearly)

$20.6K A$29.5K

$12.3K COP 39.7M

67.72%

Jeans (Levis 501 Or Similar)

$77.6 A$111

$86.3 COP 278.6K

-10.12%

Summer Dress (H&M, Zara, etc)

$54.4 A$77.7

$59.3 COP 191.2K

-8.18%

Sport Shoes (Adidas, Nike)

$109 A$155

$138 COP 446.4K

-21.41%

Men's Leather Business Shoes

$122 A$175

$98.8 COP 318.9K

23.96%

1-bedroom Apartment, City Center (Monthly)

$1,393 A$1,989

$1,341 COP 4.3M

3.85%

1-bedroom Apartment, Outside City Center (Monthly)

$1,219 A$1,741

$667 COP 2.2M

82.68%

3-bedroom Apartment, City Center (Monthly)

$2,250 A$3,213

$1,976 COP 6.4M

13.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,854 A$2,648

$1,033 COP 3.3M

79.54%

Buy Apartment in City Center (m2)

$5,771 A$8,241

$4,098 COP 13.2M

40.82%

Buy Apartment Outside City Center (m2)

$5,000 A$7,141

$1,940 COP 6.3M

157.74%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

10.94

-46.07%

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

Last update for Latrobe Valley: November 2, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Latrobe Valley

$1.2K 48.1%

Medellin

$667 39.4% 45.3% $552

Groceries & Markets

Latrobe Valley

$365 14.4%

Medellin

$307 18.2% 15.9% $58

Eating Out

Latrobe Valley

$297 11.7%

Medellin

$173 10.2% 42% $125

Monthly Utilities & Internet

Latrobe Valley

$295 11.6%

Medellin

$222 13.1% 24.6% $72

Clothing & Footwear

Latrobe Valley

$163 6.5%

Medellin

$172 10.2% 5.4% $8.8

Getting Around

Latrobe Valley

$108 4.3%

Medellin

$93 5.5% 13.5% $15

Sport & Entertainment

Latrobe Valley

$86 3.4%

Medellin

$57 3.4% 33.5% $29

Cost Breakdown

A one-bedroom apartment in the center runs $1,393 in Latrobe Valley and $1,341 in Medellin. Housing cost is often the main lever when comparing two cities.

Dining out: $84 in Latrobe Valley vs $47 in Medellin for a mid-range dinner for two. Groceries echo the gap at $365 vs $307 per month, with Medellin cheaper across the board.

Good to know

🇦🇺 Latrobe Valley

🇨🇴 Medellin

🕒 Local time

01:42 1:42 AM

09:42 9:42 AM

16 h behind Latrobe Valley

🌤 Weather

👥 Population

1,492

2,486,723

💱 Currency

Australian Dollar AUD $

Colombian Peso COP $

📈 Exchange rate

1 AUD = 0.7 USD

1 AUD = 0.625 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.77 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 3, 2026: 1 USD = 1.43 AUD (1 AUD = 0.7 USD). 1 EUR = 1.6 AUD (1 AUD = 0.625 EUR).

Colombian Peso exchange rates as of November 3, 2026: 1 USD = 3,227 COP (10,000 COP = 3.1 USD). 1 EUR = 3,613 COP (10,000 COP = 2.77 EUR).

USD to AUD in detail →

On the map

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Between locations

Latrobe Valley Medellin 14,500 km ≈ 19 h nonstop flight

From you

Latrobe Valley
Medellin

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

Latrobe Valley vs Medellin: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,533 in Latrobe Valley and $1,692 in Medellin, so Medellin is about 33% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $3,800 in Latrobe Valley and $2,538 in Medellin to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,393 in Latrobe Valley versus $1,341 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Medellin runs roughly 10% less than in Latrobe Valley. The price difference matters if you commute daily and watch your budget.

Childcare runs $2,154 in Latrobe Valley versus $790 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,692 in Medellin versus $2,533 in Latrobe Valley, a $2,500 budget is realistic in Medellin but tight or insufficient in Latrobe Valley. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Medellin gentler on the wallet – expenses run 33% less than in Latrobe Valley. Beyond cost, consider language, visa policies, and how big the international community is in each city.