Last update: Oct 2026

Cost of Living Comparison Between Margaret River and Medellin

For one person, living is cheaper in Medellin: $1,614 a month against $2,566 in Margaret River, rent and utilities included – about $11,400 less a year. Rent and utilities account for most of the difference.

Margaret River
🇦🇺 Australia
$2,566
/mo nomad
Medellin
🇨🇴 Colombia
$1,614
/mo nomad
Monthly Cost of Living

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

A single person spends $2,566 per month in Margaret River vs $1,614 in Medellin, rent included.

  • Margaret River $2,566
  • Medellin $1,614

A couple spends around $3,723 per month in Margaret River vs $2,402 in Medellin, rent included.

  • Margaret River $3,723
  • Medellin $2,402

A family of three spends $4,880 per month in Margaret River vs $3,190 in Medellin, rent included.

  • Margaret River $4,880
  • Medellin $3,190

Margaret River costs about 59% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Margaret River and Medellin sit above the global median – Margaret River by 90%, Medellin by 20%.

Currency
🍽 Eating Out
Margaret River
Medellin
Difference
Meal at Budget Restaurant
$19.82 A$28.48
$7.93 COP 25.3K
149.94%
Three-Course Dinner for Two, Mid-Range
$82.0 A$118
$46.13 COP 147.4K
77.65%
Fast Food Meal (McDonalds, etc)
$10.56 A$15.18
$9.50 COP 30.4K
11.16%
Cappuccino
$4.42 A$6.35
$3.11 COP 9,940
42.12%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.92 A$4.19
$1.83 COP 5,843
59.56%
Water (0.33 liter bottle)
$2.18 A$3.14
$1.38 COP 4,393
57.97%
Local Beer (0.5 liter draught)
$8.31 A$11.94
$3.05 COP 9,744
172.46%
Imported Beer (0.33 liter bottle)
$8.52 A$12.25
$5.50 COP 17.6K
54.91%
🛒 Groceries & Markets
Margaret River
Medellin
Difference
Milk (1 liter)
$1.72 A$2.47
$1.45 COP 4,634
18.62%
White Bread (500g)
$3.16 A$4.54
$2.36 COP 7,552
33.90%
Rice (white) (1kg)
$1.98 A$2.85
$1.68 COP 5,368
17.86%
Eggs
$5.26 A$7.56
$2.86 COP 9,145
83.92%
Local Cheese (1kg)
$9.03 A$12.98
$10.19 COP 32.5K
-11.38%
Chicken Fillets (1kg)
$9.00 A$12.94
$9.53 COP 30.4K
-5.56%
Beef Round Steak (1kg)
$13.70 A$19.68
$14.04 COP 44.8K
-2.42%
Apples (1kg)
$4.45 A$6.39
$4.07 COP 13.0K
9.34%
Banana (1kg)
$3.10 A$4.46
$1.50 COP 4,778
106.67%
Oranges (1kg)
$3.42 A$4.91
$2.17 COP 6,943
57.60%
Tomato (1kg)
$5.03 A$7.23
$2.31 COP 7,365
117.75%
Potato (1kg)
$2.88 A$4.14
$1.93 COP 6,159
49.22%
Onion (1kg)
$1.92 A$2.76
$1.64 COP 5,235
17.07%
Lettuce (1 head)
$2.32 A$3.33
$1.13 COP 3,597
105.31%
Water (1.5 liter bottle)
$1.36 A$1.96
$1.25 COP 3,984
8.80%
Cigarettes 20 Pack (Marlboro, Camel)
$42.56 A$61.2
$3.99 COP 12.7K
966.67%
Wine (Bottle)
$12.60 A$18.11
$13.35 COP 42.6K
-5.62%
Local Beer (0.5 liter bottle)
$4.22 A$6.07
$1.70 COP 5,424
148.24%
Imported Beer (0.33 liter bottle)
$3.43 A$4.92
$2.37 COP 7,581
44.73%
🚌 Getting Around
Margaret River
Medellin
Difference
One-way Ticket (Public Transport)
$2.95 A$4.24
$1.21 COP 3,856
143.80%
Public Transport Monthly Pass (Regular Price)
$82.2 A$118
$76.5 COP 244.3K
7.47%
Taxi Start (Normal Tariff)
$3.58 A$5.14
$1.32 COP 4,211
171.21%
Taxi (Normal Tariff) (1km)
$1.44 A$2.07
$2.14 COP 6,825
-32.71%
Taxi 1hour Waiting (Normal Tariff)
$40.63 A$58.4
$8.47 COP 27.0K
379.69%
Gasoline (1 liter)
$1.35 A$1.93
$1.30 COP 4,145
3.85%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.7K A$39.8K
$28.0K COP 89.4M
-1.09%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$29.1K A$41.8K
$35.4K COP 113.1M
-17.90%
🧾 Monthly Utilities & Internet
Margaret River
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$197 A$283
$172 COP 549.7K
14.36%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.94 A$47.33
$13.37 COP 42.7K
146.37%
Internet (50+ Mbps, Unlimited Data)
$64.3 A$92.3
$28.73 COP 91.8K
123.63%
🎉 Sport & Entertainment
Margaret River
Medellin
Difference
Gym Membership (Monthly)
$56.0 A$80.5
$45.24 COP 144.5K
23.76%
Tennis Court (1 Hour on Weekend)
$17.38 A$24.97
$17.04 COP 54.4K
2.00%
Cinema Ticket
$17.17 A$24.68
$6.28 COP 20.1K
173.41%
🧸 Childcare & Education
Margaret River
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,306 A$3,314
$770 COP 2.5M
199.45%
International Primary School, 1 Child (Yearly)
$22.9K A$32.9K
$9,011 COP 28.8M
153.72%
👕👟 Clothing & Footwear
Margaret River
Medellin
Difference
Jeans (Levis 501 Or Similar)
$77.3 A$111
$86.4 COP 276.0K
-10.52%
Summer Dress (H&M, Zara, etc)
$65.4 A$93.9
$57.1 COP 182.5K
14.41%
Sport Shoes (Adidas, Nike)
$123 A$177
$137 COP 436.2K
-9.89%
Men's Leather Business Shoes
$164 A$235
$97.9 COP 312.8K
67.11%
🏠 Accommodation & Living
Margaret River
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,387 A$1,993
$1,055 COP 3.4M
31.42%
1-bedroom Apartment, Outside City Center (Monthly)
$1,199 A$1,724
$616 COP 2.0M
94.77%
3-bedroom Apartment, City Center (Monthly)
$2,170 A$3,118
$1,892 COP 6.0M
14.67%
3-bedroom Apartment, Outside City Center (Monthly)
$1,825 A$2,622
$1,023 COP 3.3M
78.39%
Buy Apartment in City Center (m2)
$5,036 A$7,237
$4,059 COP 13.0M
24.06%
Buy Apartment Outside City Center (m2)
$4,814 A$6,918
$1,678 COP 5.4M
186.83%
💵 Salaries & Financials
Margaret River
Medellin
Difference
Average Monthly Net Salary (After Tax)
$2,954 A$4,245
$652 COP 2.1M
352.82%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.91
10.94
-45.98%

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

Last update for Margaret River: October 12, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Margaret River
$1.2K
Medellin
$616 48.7% $584
Groceries & Markets
Margaret River
$362
Medellin
$295 18.6% $67
Eating Out
Margaret River
$322
Medellin
$168 47.7% $154
Monthly Utilities & Internet
Margaret River
$294
Medellin
$214 27.1% $80
Clothing & Footwear
Margaret River
$193
Medellin
$170 12% $23
Getting Around
Margaret River
$105
Medellin
$93 10.9% $11
Sport & Entertainment
Margaret River
$90
Medellin
$58 36% $33

Cost Breakdown

A central one-bedroom costs $1,387 in Margaret River versus $1,055 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 run about 353% higher in Margaret River, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $82.0 in Margaret River versus $46.00 in Medellin. Monthly groceries follow the same trend: $362 vs $295 – making Medellin the more affordable choice for daily food spending.

Good to know
🇦🇺 Margaret River
🇨🇴 Medellin
🕒 Local time
01:09 1:09 AM
12:09 12:09 PM
13 h behind Margaret River
🌤 Weather
👥 Population
8,000
2,486,723
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to AUD – Australian Dollar Converter

Australian Dollar exchange rates as of October 13, 2026: 1 USD = 1.44 AUD (1 AUD = 0.696 USD). 1 EUR = 1.6 AUD (1 AUD = 0.623 EUR).

Colombian Peso exchange rates as of October 13, 2026: 1 USD = 3,194 COP (10,000 COP = 3.13 USD). 1 EUR = 3,566 COP (10,000 COP = 2.8 EUR).

On the map
Between locations
  • Margaret River Medellin 16,750 km ≈ 21 h nonstop flight
From you
  • Margaret River
  • 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
Margaret River vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Margaret River?
Yes – Margaret River is pricier by about 59%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,849 per month in Margaret River and $2,421 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Margaret River or in Medellin?
A mid-range dinner for two costs $82.0 in Margaret River and $46.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Margaret River and in Medellin?
Monthly expenses with rent come to $2,566 in Margaret River and $1,614 in Medellin. That's a gap of about 59%.
Is $2,500 a realistic budget for living in Margaret River or in Medellin?
A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,614, than in Margaret River at $2,566. In Medellin it covers expenses comfortably, while in Margaret River it requires careful planning or may not stretch far enough.
Is Margaret River or Medellin more family-friendly?
Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Margaret River or Medellin?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Margaret River makes more sense. Both are solid long-term options with distinct trade-offs.

Margaret River vs other spots: cost of living compared

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