Last update: Oct 2026

Cost of Living Comparison Between Medellin and Ballarat

For one person, living is cheaper in Medellin: $1,639 a month against $1,907 in Ballarat, rent and utilities included – about $3,200 less a year. Other living expenses account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
92

Cost of Living Index in Ballarat
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Ballarat Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Ballarat

🇦🇺 Australia

$1,907

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Ballarat

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Ballarat actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,639 in Medellin versus $1,907 in Ballarat.

Medellin $1,639
Ballarat $1,907

Estimated couple costs with rent: $2,413 in Medellin versus $3,040 in Ballarat.

Medellin $2,413
Ballarat $3,040

Monthly costs for a family of three with rent: $3,186 in Medellin versus $4,172 in Ballarat.

Medellin $3,186
Ballarat $4,172

Living in Medellin costs roughly 14% less than in Ballarat, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Medellin 20% above, Ballarat 40% above.

Meal at Budget Restaurant

$8.09 COP 25.4K

$17.26 A$24.53

-53.13%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 148.0K

$69.7 A$99.0

-32.47%

Fast Food Meal (McDonalds, etc)

$9.50 COP 29.9K

$10.44 A$14.83

-9.00%

Cappuccino

$3.01 COP 9,485

$3.72 A$5.28

-19.09%

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

$1.80 COP 5,660

$2.95 A$4.19

-38.98%

Water (0.33 liter bottle)

$1.41 COP 4,443

$1.73 A$2.46

-18.50%

Local Beer (0.5 liter draught)

$3.18 COP 9,990

$6.26 A$8.89

-49.20%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.1K

$6.18 A$8.79

-6.96%

Milk (1 liter)

$1.51 COP 4,751

$1.55 A$2.20

-2.58%

White Bread (500g)

$2.38 COP 7,480

$2.81 A$3.99

-15.30%

Rice (white) (1kg)

$1.77 COP 5,573

$2.23 A$3.17

-20.63%

Eggs

$2.89 COP 9,093

$4.17 A$5.92

-30.70%

Local Cheese (1kg)

$10.19 COP 32.1K

$10.43 A$14.82

-2.30%

Chicken Fillets (1kg)

$9.87 COP 31.1K

$10.13 A$14.39

-2.57%

Beef Round Steak (1kg)

$13.99 COP 44.0K

$15.20 A$21.60

-7.96%

Apples (1kg)

$3.97 COP 12.5K

$3.61 A$5.13

9.97%

Banana (1kg)

$1.55 COP 4,883

$3.10 A$4.40

-50.00%

Oranges (1kg)

$2.18 COP 6,867

$3.23 A$4.58

-32.51%

Tomato (1kg)

$2.18 COP 6,870

$4.47 A$6.36

-51.23%

Potato (1kg)

$1.96 COP 6,174

$3.10 A$4.40

-36.77%

Onion (1kg)

$1.59 COP 5,000

$2.46 A$3.50

-35.37%

Lettuce (1 head)

$1.15 COP 3,604

$2.34 A$3.32

-50.85%

Water (1.5 liter bottle)

$1.24 COP 3,911

$1.50 A$2.14

-17.33%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.5K

$35.41 A$50.3

-88.82%

Wine (Bottle)

$13.68 COP 43.0K

$12.65 A$17.98

8.14%

Local Beer (0.5 liter bottle)

$1.66 COP 5,221

$2.33 A$3.30

-28.76%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,103

$3.19 A$4.54

-29.15%

One-way Ticket (Public Transport)

$1.17 COP 3,674

$2.76 A$3.92

-57.61%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 243.4K

$71.1 A$101

8.85%

Taxi Start (Normal Tariff)

$1.27 COP 3,989

$2.58 A$3.67

-50.78%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,442

$1.32 A$1.87

55.30%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 26.9K

$26.48 A$37.62

-67.71%

Gasoline (1 liter)

$1.35 COP 4,237

$1.22 A$1.74

10.66%

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

$34.1K COP 107.2M

$29.7K A$42.2K

14.74%

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

$34.7K COP 109.1M

$25.4K A$36.1K

36.32%

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

$170 COP 533.7K

$207 A$294

-18.05%

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

$13.55 COP 42.6K

$27.77 A$39.46

-51.21%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 88.3K

$57.1 A$81.2

-50.88%

Gym Membership (Monthly)

$43.70 COP 137.5K

$31.65 A$44.97

38.07%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.1K

$11.37 A$16.15

51.19%

Cinema Ticket

$6.91 COP 21.7K

$15.14 A$21.51

-54.36%

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

$797 COP 2.5M

$2,198 A$3,123

-63.76%

International Primary School, 1 Child (Yearly)

$9,112 COP 28.7M

$30.0K A$42.6K

-69.58%

Jeans (Levis 501 Or Similar)

$84.7 COP 266.5K

$70.6 A$100

19.97%

Summer Dress (H&M, Zara, etc)

$58.0 COP 182.3K

$49.59 A$70.5

16.88%

Sport Shoes (Adidas, Nike)

$135 COP 424.6K

$100 A$142

34.70%

Men's Leather Business Shoes

$97.9 COP 307.9K

$134 A$190

-26.72%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.8M

$903 A$1,283

33.75%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.0M

$673 A$956

-4.68%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.4M

$1,290 A$1,834

57.13%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

$1,454 A$2,066

-30.41%

Buy Apartment in City Center (m2)

$4,170 COP 13.1M

$4,809 A$6,833

-13.28%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.0M

$3,452 A$4,905

-44.66%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$3,185 A$4,525

-79.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

5.55

97.12%

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

Last update for Medellin: October 25, 2026

Last update for Ballarat: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Ballarat

$673 35.3% 4.9% $32

Groceries & Markets

Medellin

$297 18.1%

Ballarat

$354 18.5% 19% $57

Monthly Utilities & Internet

Medellin

$211 12.9%

Ballarat

$292 15.3% 38.2% $81

Eating Out

Medellin

$170 10.4%

Ballarat

$276 14.5% 63% $107

Clothing & Footwear

Medellin

$169 10.3%

Ballarat

$159 8.4% 5.7% $9.7

Getting Around

Medellin

$94 5.7%

Ballarat

$91 4.8% 2.4% $2.3

Sport & Entertainment

Medellin

$58 3.5%

Ballarat

$62 3.3% 7.6% $4.4

Cost Breakdown

A one-bedroom apartment in the center runs $1,208 in Medellin and $903 in Ballarat. Housing cost is often the main lever when comparing two cities.

Ballarat pays about 4.8 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $47 in Medellin vs $70 in Ballarat for a mid-range dinner for two. Groceries echo the gap at $297 vs $354 per month, with Medellin cheaper across the board.

Good to know

🇨🇴 Medellin

🇦🇺 Ballarat

🕒 Local time

19:14 7:14 PM

11:14 11:14 AM

16 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

105,348

💱 Currency

Colombian Peso COP $

Australian Dollar AUD $

📈 Exchange rate

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

1 AUD = 0.704 USD

1 AUD = 0.632 EUR

Exchange rates and currency converter

AUD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 29, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

Australian Dollar exchange rates as of October 29, 2026: 1 USD = 1.42 AUD (1 AUD = 0.704 USD). 1 EUR = 1.58 AUD (1 AUD = 0.632 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Ballarat 14,730 km ≈ 19 h nonstop flight

From you

Medellin
Ballarat

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

Medellin vs Ballarat: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 14% lower than in Ballarat. Housing and daily spending are where you’ll feel the difference most, making Medellin the obvious pick if budget is a priority.

On paper, salaries run 79% lower in Medellin. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,208 in Medellin versus $903 in Ballarat. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $797 in Medellin versus $2,198 in Ballarat. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 19% higher in Ballarat. For households that cook at home regularly, that difference adds up over a month.

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, Ballarat on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.