Last update: Nov 2026

Cost of Living Comparison Between Medellin and Cranbourne

For one person, living is cheaper in Medellin: $1,692 a month against $2,506 in Cranbourne, rent and utilities included – about $9,800 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Medellin
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Medellin Living Index
119

Cost of Living Index in Cranbourne
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Cranbourne Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Cranbourne

🇦🇺 Australia

$2,506

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Cranbourne

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 Cranbourne actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,692 in Medellin versus $2,506 in Cranbourne.

Medellin $1,692
Cranbourne $2,506

Estimated couple costs with rent: $2,471 in Medellin versus $3,547 in Cranbourne.

Medellin $2,471
Cranbourne $3,547

Monthly costs for a family of three with rent: $3,249 in Medellin versus $4,587 in Cranbourne.

Medellin $3,249
Cranbourne $4,587

Living in Medellin costs roughly 32% less than in Cranbourne, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Medellin 25% above, Cranbourne 85% above.

Meal at Budget Restaurant

$8.34 COP 26.9K

$8.66 A$12.49

-3.70%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.3K

$82.7 A$119

-43.70%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.6K

$12.09 A$17.44

-21.67%

Cappuccino

$3.13 COP 10.1K

$2.73 A$3.94

14.65%

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

$1.77 COP 5,705

$2.75 A$3.97

-35.64%

Water (0.33 liter bottle)

$1.42 COP 4,601

$1.67 A$2.41

-14.97%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$6.89 A$9.94

-54.28%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

$7.63 A$11.00

-25.29%

Milk (1 liter)

$1.53 COP 4,950

$2.68 A$3.87

-42.91%

White Bread (500g)

$2.29 COP 7,401

$3.35 A$4.83

-31.64%

Rice (white) (1kg)

$1.94 COP 6,282

$3.76 A$5.42

-48.40%

Eggs

$3.07 COP 9,905

$4.79 A$6.91

-35.91%

Local Cheese (1kg)

$9.99 COP 32.3K

$10.30 A$14.86

-3.01%

Chicken Fillets (1kg)

$10.45 COP 33.7K

$10.85 A$15.66

-3.69%

Beef Round Steak (1kg)

$13.96 COP 45.1K

$12.09 A$17.43

15.47%

Apples (1kg)

$4.05 COP 13.1K

$3.22 A$4.65

25.78%

Banana (1kg)

$1.53 COP 4,937

$3.40 A$4.91

-55.00%

Oranges (1kg)

$2.10 COP 6,797

$4.17 A$6.02

-49.64%

Tomato (1kg)

$2.29 COP 7,409

$3.65 A$5.26

-37.26%

Potato (1kg)

$2.11 COP 6,813

$3.45 A$4.98

-38.84%

Onion (1kg)

$1.71 COP 5,521

$2.25 A$3.25

-24.00%

Lettuce (1 head)

$1.17 COP 3,780

$1.59 A$2.30

-26.42%

Water (1.5 liter bottle)

$1.58 COP 5,104

$1.53 A$2.21

3.27%

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

$49.96 A$72.1

-92.17%

Wine (Bottle)

$14.04 COP 45.4K

$22.45 A$32.38

-37.46%

Local Beer (0.5 liter bottle)

$1.76 COP 5,690

$8.70 A$12.56

-79.77%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,760

$5.32 A$7.67

-49.06%

One-way Ticket (Public Transport)

$1.18 COP 3,811

$1.37 A$1.98

-13.87%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.4K

$85.2 A$123

-10.48%

Taxi Start (Normal Tariff)

$1.81 COP 5,836

$3.55 A$5.11

-49.01%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,878

$1.47 A$2.12

44.90%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.3K

$24.70 A$35.63

-67.09%

Gasoline (1 liter)

$1.28 COP 4,119

$1.29 A$1.87

-0.78%

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

$34.4K COP 111.2M

$29.8K A$43.0K

15.43%

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

$34.1K COP 110.3M

$26.0K A$37.5K

31.17%

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

$178 COP 574.1K

$264 A$381

-32.80%

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

$13.89 COP 44.9K

$27.58 A$39.78

-49.64%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.3K

$23.13 A$33.37

32.90%

Gym Membership (Monthly)

$41.94 COP 135.5K

$39.49 A$57.0

6.20%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.3K

$17.69 A$25.52

-5.03%

Cinema Ticket

$7.47 COP 24.1K

$8.71 A$12.56

-14.24%

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

$790 COP 2.6M

$2,119 A$3,057

-62.72%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

$20.5K A$29.5K

-39.96%

Jeans (Levis 501 Or Similar)

$86.3 COP 278.9K

$77.3 A$111

11.72%

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.4K

$28.43 A$41.01

108.44%

Sport Shoes (Adidas, Nike)

$138 COP 446.9K

$106 A$153

30.44%

Men's Leather Business Shoes

$98.8 COP 319.2K

$125 A$180

-20.83%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$1,426 A$2,058

-5.99%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$1,249 A$1,802

-46.61%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$2,242 A$3,234

-11.88%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$1,832 A$2,643

-43.63%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

$5,948 A$8,579

-31.10%

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$4,924 A$7,103

-60.60%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

$1,781 A$2,569

-63.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

5.9

85.42%

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

Last update for Medellin: November 2, 2026

Last update for Cranbourne: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

Cranbourne

$1.2K 49.9% 87.3% $582

Groceries & Markets

Medellin

$307 18.2%

Cranbourne

$426 17% 38.6% $119

Monthly Utilities & Internet

Medellin

$222 13.1%

Cranbourne

$315 12.6% 41.7% $93

Eating Out

Medellin

$173 10.2%

Cranbourne

$206 8.2% 19.2% $33

Clothing & Footwear

Medellin

$172 10.2%

Cranbourne

$151 6% 12.1% $21

Getting Around

Medellin

$93 5.5%

Cranbourne

$102 4.1% 8.7% $8.1

Sport & Entertainment

Medellin

$57 3.4%

Cranbourne

$57 2.3% 0% $0

Cost Breakdown

A one-bedroom apartment in the center runs $1,341 in Medellin and $1,426 in Cranbourne. Housing cost is often the main lever when comparing two cities.

Cranbourne pays about 2.8 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $47 in Medellin vs $83 in Cranbourne for a mid-range dinner for two. Groceries echo the gap at $307 vs $426 per month, with Medellin cheaper across the board.

Good to know

🇨🇴 Medellin

🇦🇺 Cranbourne

🕒 Local time

00:07 12:07 AM

16:07 4:07 PM

16 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

21,281

💱 Currency

Colombian Peso COP $

Australian Dollar AUD $

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

1 AUD = 0.693 USD

1 AUD = 0.618 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 November 6, 2026: 1 USD = 3,230 COP (10,000 COP = 3.1 USD). 1 EUR = 3,626 COP (10,000 COP = 2.76 EUR).

Australian Dollar exchange rates as of November 6, 2026: 1 USD = 1.44 AUD (1 AUD = 0.693 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Cranbourne 14,590 km ≈ 19 h nonstop flight

From you

Medellin
Cranbourne

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 Cranbourne: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,692 in Medellin and $2,506 in Cranbourne, so Medellin is about 32% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 64% 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: $1,341 in Medellin versus $1,426 in Cranbourne. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $790 in Medellin versus $2,119 in Cranbourne. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 39% higher in Cranbourne. For households that cook at home regularly, that difference adds up over a month.

At $1,692 in Medellin versus $2,506 in Cranbourne, a $2,500 budget is realistic in Medellin but tight or insufficient in Cranbourne. 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 32% less than in Cranbourne. Beyond cost, consider language, visa policies, and how big the international community is in each city.