Cost of Living Comparison Between Medellin and Gisborne Cost of Living Comparison Between Medellin and Gisborne

Monthly Cost of Living

Monthly costs for one person with rent: $1,003 in Medellin versus $1,964 in Gisborne.

Estimated couple costs with rent: $1,573 in Medellin versus $2,869 in Gisborne.

Monthly costs for a family of three with rent: $2,143 in Medellin versus $3,775 in Gisborne.

Living in Medellin costs roughly 49% less than in Gisborne, driven mainly by Eating Out.

The two cities straddle the global median: Medellin is 25% below, Gisborne is 48% above.

Meal at Budget Restaurant

$5.91 COP 18.6K

$15.20 NZ$25.77

-61.12%

Three-Course Dinner for Two, Mid-Range

$32.96 COP 103.8K

$77.9 NZ$132

-57.67%

Fast Food Meal (McDonalds, etc)

$7.43 COP 23.4K

$9.72 NZ$16.47

-23.56%

Cappuccino

$1.65 COP 5,207

$3.54 NZ$6.00

-53.39%

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

$1.10 COP 3,468

$2.38 NZ$4.03

-53.78%

Water (0.33 liter bottle)

$0.78 COP 2,458

$2.09 NZ$3.54

-62.68%

Local Beer (0.5 liter draught)

$1.72 COP 5,412

$7.07 NZ$11.98

-75.67%

Imported Beer (0.33 liter bottle)

$3.18 COP 10.0K

$6.44 NZ$10.92

-50.62%

Milk (1 liter)

$1.10 COP 3,474

$1.80 NZ$3.05

-38.89%

White Bread (500g)

$1.26 COP 3,962

$1.98 NZ$3.35

-36.36%

Rice (white) (1kg)

$1.38 COP 4,349

$1.90 NZ$3.22

-27.37%

Eggs

$2.18 COP 6,858

$5.99 NZ$10.16

-63.61%

Local Cheese (1kg)

$4.49 COP 14.1K

$8.00 NZ$13.57

-43.88%

Chicken Fillets (1kg)

$5.79 COP 18.2K

$9.55 NZ$16.19

-39.37%

Beef Round Steak (1kg)

$8.97 COP 28.2K

$12.77 NZ$21.65

-29.76%

Apples (1kg)

$2.32 COP 7,308

$2.71 NZ$4.60

-14.39%

Banana (1kg)

$1.06 COP 3,352

$2.19 NZ$3.71

-51.60%

Oranges (1kg)

$1.52 COP 4,774

$2.97 NZ$5.03

-48.82%

Tomato (1kg)

$1.36 COP 4,270

$4.58 NZ$7.76

-70.31%

Potato (1kg)

$1.13 COP 3,552

$2.06 NZ$3.49

-45.15%

Onion (1kg)

$1.17 COP 3,689

$1.94 NZ$3.29

-39.69%

Lettuce (1 head)

$0.90 COP 2,838

$2.25 NZ$3.81

-60.00%

Water (1.5 liter bottle)

$0.90 COP 2,823

$1.11 NZ$1.88

-18.92%

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 7,034

$24.49 NZ$41.52

-90.89%

Wine (Bottle)

$12.12 COP 38.2K

$10.11 NZ$17.13

19.88%

Local Beer (0.5 liter bottle)

$1.19 COP 3,743

$2.49 NZ$4.22

-52.21%

Imported Beer (0.33 liter bottle)

$2.48 COP 7,815

$3.55 NZ$6.01

-30.14%

One-way Ticket (Public Transport)

$0.85 COP 2,687

$2.15 NZ$3.64

-60.47%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 131.0K

$65.0 NZ$110

-35.99%

Taxi Start (Normal Tariff)

$1.42 COP 4,459

$2.63 NZ$4.46

-46.01%

Taxi (Normal Tariff) (1km)

$1.95 COP 6,141

$1.79 NZ$3.04

8.94%

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 24.8K

$35.15 NZ$59.6

-77.55%

Gasoline (1 liter)

$0.99 COP 3,118

$1.67 NZ$2.83

-40.72%

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

$17.6K COP 55.4M

$28.4K NZ$48.1K

-37.92%

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

$26.8K COP 84.4M

$22.2K NZ$37.6K

20.85%

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

$83.0 COP 261.4K

$141 NZ$239

-41.19%

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

$9.70 COP 30.5K

$36.32 NZ$61.6

-73.29%

Internet (50+ Mbps, Unlimited Data)

$23.52 COP 74.1K

$52.3 NZ$88.7

-55.05%

Gym Membership (Monthly)

$25.26 COP 79.5K

$36.23 NZ$61.4

-30.28%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.1K

$12.27 NZ$20.80

55.66%

Cinema Ticket

$3.95 COP 12.4K

$11.06 NZ$18.75

-64.29%

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

$316 COP 994.2K

$741 NZ$1,257

-57.41%

International Primary School, 1 Child (Yearly)

$5,975 COP 18.8M

$11.9K NZ$20.1K

-49.62%

Jeans (Levis 501 Or Similar)

$60.0 COP 188.9K

$67.8 NZ$115

-11.44%

Summer Dress (H&M, Zara, etc)

$31.82 COP 100.2K

$37.52 NZ$63.6

-15.19%

Sport Shoes (Adidas, Nike)

$102 COP 320.1K

$95.9 NZ$163

6.04%

Men's Leather Business Shoes

$107 COP 338.3K

$118 NZ$200

-8.79%

1-bedroom Apartment, City Center (Monthly)

$475 COP 1.5M

$958 NZ$1,623

-50.40%

1-bedroom Apartment, Outside City Center (Monthly)

$374 COP 1.2M

$868 NZ$1,472

-56.93%

3-bedroom Apartment, City Center (Monthly)

$849 COP 2.7M

$1,429 NZ$2,423

-40.59%

3-bedroom Apartment, Outside City Center (Monthly)

$719 COP 2.3M

$1,314 NZ$2,228

-45.26%

Buy Apartment in City Center (m2)

$3,265 COP 10.3M

$5,266 NZ$8,927

-37.99%

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

$3,089 NZ$5,237

-53.37%

Average Monthly Net Salary (After Tax)

$624 COP 2.0M

$4,320 NZ$7,324

-85.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

6.74

99.26%

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

Last update for Medellin: July 27, 2026

Last update for Gisborne: July 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $475 in Medellin and $958 in Gisborne. Housing cost is often the main lever when comparing two cities.

Gisborne pays 592% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $33.00 in Medellin vs $78.0 in Gisborne for a mid-range dinner for two. Groceries echo the gap at $193 vs $313 per month, with Medellin cheaper across the board.

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 Gisborne: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Eating Out, Getting Around, Monthly Utilities & Internet. The 96% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 592% lower in Gisborne. 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: $475 in Medellin versus $958 in Gisborne. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,003 per month in Medellin versus $1,964 in Gisborne – a 96% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Medellin runs roughly 56% less than in Gisborne. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,003 in Medellin versus $1,964 in Gisborne, a $1,500 budget is realistic in Medellin but tight or insufficient in Gisborne. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Gisborne, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Medellin and Gisborne are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 96% less than in Gisborne. Beyond cost, consider language, visa policies, and how big the international community is in each city.