Last update: Nov 2026

Cost of Living Comparison Between Launceston, Australia and Medellin

For one person, living is cheaper in Medellin: $1,692 a month against $1,980 in Launceston, rent and utilities included – about $3,500 less a year. Rent and utilities account for most of the difference.

95

Cost of Living Index in Launceston
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Launceston Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Launceston

🇦🇺 Australia

$1,980

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,980 in Launceston versus $1,692 in Medellin.

Launceston $1,980
Medellin $1,692

Estimated couple costs with rent: $2,837 in Launceston versus $2,471 in Medellin.

Launceston $2,837
Medellin $2,471

Monthly costs for a family of three with rent: $3,693 in Launceston versus $3,249 in Medellin.

Launceston $3,693
Medellin $3,249

Living in Launceston is roughly 17% more expensive than in Medellin, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Launceston 46% above, Medellin 25% above.

Meal at Budget Restaurant

$17.76 A$25.42

$8.34 COP 26.9K

112.95%

Three-Course Dinner for Two, Mid-Range

$73.4 A$105

$46.53 COP 150.2K

57.68%

Fast Food Meal (McDonalds, etc)

$8.22 A$11.76

$9.47 COP 30.6K

-13.20%

Cappuccino

$3.29 A$4.71

$3.13 COP 10.1K

5.11%

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

$1.44 A$2.05

$1.77 COP 5,702

-18.64%

Water (0.33 liter bottle)

$2.23 A$3.20

$1.42 COP 4,599

57.04%

Local Beer (0.5 liter draught)

$6.15 A$8.80

$3.15 COP 10.2K

95.24%

Imported Beer (0.33 liter bottle)

$7.10 A$10.16

$5.70 COP 18.4K

24.56%

Milk (1 liter)

$1.80 A$2.57

$1.53 COP 4,948

17.65%

White Bread (500g)

$2.48 A$3.55

$2.29 COP 7,397

8.30%

Rice (white) (1kg)

$1.23 A$1.77

$1.94 COP 6,279

-36.60%

Eggs

$3.67 A$5.25

$3.07 COP 9,900

19.54%

Local Cheese (1kg)

$9.85 A$14.10

$9.99 COP 32.3K

-1.40%

Chicken Fillets (1kg)

$8.47 A$12.13

$10.45 COP 33.7K

-18.95%

Beef Round Steak (1kg)

$10.32 A$14.77

$13.96 COP 45.1K

-26.07%

Apples (1kg)

$2.74 A$3.92

$4.05 COP 13.1K

-32.35%

Banana (1kg)

$2.78 A$3.97

$1.53 COP 4,934

81.70%

Oranges (1kg)

$2.77 A$3.96

$2.10 COP 6,794

31.90%

Tomato (1kg)

$4.72 A$6.76

$2.29 COP 7,405

106.11%

Potato (1kg)

$2.04 A$2.92

$2.11 COP 6,810

-3.32%

Onion (1kg)

$1.42 A$2.04

$1.71 COP 5,518

-16.96%

Lettuce (1 head)

$2.55 A$3.65

$1.17 COP 3,778

117.95%

Water (1.5 liter bottle)

$0.53 A$0.76

$1.58 COP 5,101

-66.46%

Cigarettes 20 Pack (Marlboro, Camel)

$35.52 A$50.9

$3.91 COP 12.6K

808.44%

Wine (Bottle)

$14.68 A$21.01

$14.04 COP 45.3K

4.56%

Local Beer (0.5 liter bottle)

$5.09 A$7.28

$1.76 COP 5,688

189.20%

Imported Beer (0.33 liter bottle)

$5.59 A$8.01

$2.71 COP 8,756

106.27%

One-way Ticket (Public Transport)

$3.51 A$5.03

$1.18 COP 3,809

197.46%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.3K

Taxi Start (Normal Tariff)

$3.89 A$5.56

$1.81 COP 5,833

114.92%

Taxi (Normal Tariff) (1km)

$1.75 A$2.50

$2.13 COP 6,874

-17.84%

Taxi 1hour Waiting (Normal Tariff)

$31.75 A$45.46

$8.13 COP 26.3K

290.53%

Gasoline (1 liter)

$1.26 A$1.80

$1.28 COP 4,117

-1.56%

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

$28.8K A$41.3K

$34.4K COP 111.2M

-16.30%

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

$34.0K A$48.7K

$34.1K COP 110.2M

-0.27%

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

$223 A$319

$178 COP 573.8K

25.53%

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

$29.26 A$41.89

$13.89 COP 44.8K

110.66%

Internet (50+ Mbps, Unlimited Data)

$54.7 A$78.3

$30.74 COP 99.2K

77.94%

Gym Membership (Monthly)

$48.98 A$70.1

$41.94 COP 135.4K

16.79%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.2K

Cinema Ticket

$17.13 A$24.51

$7.47 COP 24.1K

129.32%

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

$1,998 A$2,861

$790 COP 2.6M

152.93%

International Primary School, 1 Child (Yearly)

$18.5K A$26.5K

$12.3K COP 39.7M

50.68%

Jeans (Levis 501 Or Similar)

$78.7 A$113

$86.3 COP 278.7K

-8.84%

Summer Dress (H&M, Zara, etc)

$54.8 A$78.5

$59.3 COP 191.3K

-7.46%

Sport Shoes (Adidas, Nike)

$105 A$151

$138 COP 446.6K

-24.00%

Men's Leather Business Shoes

$127 A$182

$98.8 COP 319.0K

28.52%

1-bedroom Apartment, City Center (Monthly)

$1,153 A$1,650

$1,341 COP 4.3M

-14.05%

1-bedroom Apartment, Outside City Center (Monthly)

$811 A$1,161

$667 COP 2.2M

21.58%

3-bedroom Apartment, City Center (Monthly)

$1,623 A$2,323

$1,976 COP 6.4M

-17.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,137 A$1,628

$1,033 COP 3.3M

10.11%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

Average Monthly Net Salary (After Tax)

$6,723 A$9,624

$646 COP 2.1M

940.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

-45.16%

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

Last update for Launceston: 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

Launceston

$811 41%

Medellin

$667 39.4% 17.7% $144

Groceries & Markets

Launceston

$322 16.3%

Medellin

$307 18.2% 4.5% $14

Monthly Utilities & Internet

Launceston

$307 15.5%

Medellin

$222 13.1% 27.6% $85

Eating Out

Launceston

$266 13.4%

Medellin

$173 10.2% 35.1% $93

Clothing & Footwear

Launceston

$165 8.3%

Medellin

$172 10.2% 4.7% $7.7

Sport & Entertainment

Launceston

$83 4.2%

Medellin

$57 3.4% 31.6% $26

Getting Around

Launceston

$27 * 1.4%

Medellin

$93 5.5% 250% $67

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,153 in Launceston and $1,341 in Medellin. Housing cost is often the main lever when comparing two cities.

Launceston pays about 10 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $73 in Launceston vs $47 in Medellin for a mid-range dinner for two. Groceries echo the gap at $322 vs $307 per month, with Medellin cheaper across the board.

Good to know

🇦🇺 Launceston

🇨🇴 Medellin

🕒 Local time

23:38 11:38 PM

07:38 7:38 AM

16 h behind Launceston

🌤 Weather

👥 Population

80,943

2,486,723

💱 Currency

Australian Dollar AUD $

Colombian Peso COP $

📈 Exchange rate

1 AUD = 0.699 USD

1 AUD = 0.624 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 = 0.699 USD). 1 EUR = 1.6 AUD (1 AUD = 0.624 EUR).

Colombian Peso exchange rates as of November 3, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,615 COP (10,000 COP = 2.77 EUR).

USD to AUD in detail →

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Between locations

Launceston Medellin 14,260 km ≈ 18 h nonstop flight

From you

Launceston
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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

Launceston vs Medellin: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 15% lower than in Launceston. Housing and daily spending are where you’ll feel the difference most, making Medellin the obvious pick if budget is a priority.

Average pay in Launceston is about 10 times higher, 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: $1,153 in Launceston versus $1,341 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 5% higher in Launceston. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $1,980 per month in Launceston versus $1,692 in Medellin – Medellin is about 15% cheaper, which adds up to real savings over time.

Either city works on $2,500 a month, though Medellin gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.

It comes down to priorities – Medellin wins on affordability, Launceston on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.