Last update: Oct 2026

Cost of Living Comparison Between Medellin and Gosford

For one person, living is cheaper in Medellin: $1,614 a month against $2,772 in Gosford, rent and utilities included – about $13,900 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
134

Cost of Living Index in Gosford
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Gosford Living Index

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Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Gosford

🇦🇺 Australia

$2,772

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Gosford

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

A single person spends $1,614 per month in Medellin vs $2,772 in Gosford, rent included.

Medellin $1,614
Gosford $2,772

A couple spends around $2,402 per month in Medellin vs $3,867 in Gosford, rent included.

Medellin $2,402
Gosford $3,867

A family of three spends $3,190 per month in Medellin vs $4,961 in Gosford, rent included.

Medellin $3,190
Gosford $4,961

Medellin is about 42% cheaper than Gosford, and outside of rent the biggest gap is in eating out.

Both Medellin and Gosford sit above the global median – Medellin by 20%, Gosford by 105%.

Meal at Budget Restaurant

$7.93 COP 25.3K

$17.31 A$24.88

-54.19%

Three-Course Dinner for Two, Mid-Range

$46.13 COP 147.4K

$82.3 A$118

-43.92%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.4K

$10.46 A$15.03

-9.18%

Cappuccino

$3.11 COP 9,940

$3.49 A$5.02

-10.89%

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

$1.83 COP 5,843

$3.19 A$4.59

-42.63%

Water (0.33 liter bottle)

$1.38 COP 4,393

$2.17 A$3.11

-36.41%

Local Beer (0.5 liter draught)

$3.05 COP 9,744

$5.72 A$8.22

-46.68%

Imported Beer (0.33 liter bottle)

$5.50 COP 17.6K

$6.85 A$9.85

-19.71%

Milk (1 liter)

$1.45 COP 4,634

$1.15 A$1.65

26.09%

White Bread (500g)

$2.36 COP 7,552

$3.92 A$5.64

-39.80%

Rice (white) (1kg)

$1.68 COP 5,368

$2.14 A$3.08

-21.50%

Eggs

$2.86 COP 9,145

$3.97 A$5.71

-27.96%

Local Cheese (1kg)

$10.19 COP 32.5K

$9.29 A$13.35

9.69%

Chicken Fillets (1kg)

$9.53 COP 30.4K

$9.41 A$13.52

1.28%

Beef Round Steak (1kg)

$14.04 COP 44.8K

$11.90 A$17.10

17.98%

Apples (1kg)

$4.07 COP 13.0K

$2.94 A$4.22

38.44%

Banana (1kg)

$1.50 COP 4,778

$2.57 A$3.69

-41.63%

Oranges (1kg)

$2.17 COP 6,943

$3.37 A$4.84

-35.61%

Tomato (1kg)

$2.31 COP 7,365

$4.57 A$6.56

-49.45%

Potato (1kg)

$1.93 COP 6,159

$2.31 A$3.32

-16.45%

Onion (1kg)

$1.64 COP 5,235

$2.08 A$2.98

-21.15%

Lettuce (1 head)

$1.13 COP 3,597

$2.01 A$2.89

-43.78%

Water (1.5 liter bottle)

$1.25 COP 3,984

$1.75 A$2.51

-28.57%

Cigarettes 20 Pack (Marlboro, Camel)

$3.99 COP 12.7K

$28.30 A$40.67

-85.90%

Wine (Bottle)

$13.35 COP 42.6K

$11.61 A$16.68

14.99%

Local Beer (0.5 liter bottle)

$1.70 COP 5,424

$7.38 A$10.60

-76.96%

Imported Beer (0.33 liter bottle)

$2.37 COP 7,581

$4.80 A$6.90

-50.63%

One-way Ticket (Public Transport)

$1.21 COP 3,856

$3.54 A$5.09

-65.82%

Public Transport Monthly Pass (Regular Price)

$76.5 COP 244.3K

$150 A$216

-49.11%

Taxi Start (Normal Tariff)

$1.32 COP 4,211

Taxi (Normal Tariff) (1km)

$2.14 COP 6,825

Taxi 1hour Waiting (Normal Tariff)

$8.47 COP 27.0K

Gasoline (1 liter)

$1.30 COP 4,145

$1.37 A$1.97

-5.11%

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

$28.0K COP 89.4M

$21.0K A$30.2K

32.97%

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

$35.4K COP 113.1M

$24.1K A$34.6K

47.09%

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

$172 COP 549.7K

$235 A$338

-26.75%

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

$13.37 COP 42.7K

$27.73 A$39.85

-51.79%

Internet (50+ Mbps, Unlimited Data)

$28.73 COP 91.8K

$50.1 A$72.1

-42.70%

Gym Membership (Monthly)

$45.24 COP 144.5K

$66.8 A$95.9

-32.22%

Tennis Court (1 Hour on Weekend)

$17.04 COP 54.4K

$20.91 A$30.06

-18.51%

Cinema Ticket

$6.28 COP 20.1K

$11.78 A$16.92

-46.69%

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

$770 COP 2.5M

$842 A$1,210

-8.50%

International Primary School, 1 Child (Yearly)

$9,011 COP 28.8M

Jeans (Levis 501 Or Similar)

$86.4 COP 276.0K

$70.2 A$101

23.13%

Summer Dress (H&M, Zara, etc)

$57.1 COP 182.5K

$62.6 A$90.0

-8.78%

Sport Shoes (Adidas, Nike)

$137 COP 436.2K

$103 A$149

31.99%

Men's Leather Business Shoes

$97.9 COP 312.8K

$107 A$154

-8.75%

1-bedroom Apartment, City Center (Monthly)

$1,055 COP 3.4M

$1,984 A$2,851

-46.81%

1-bedroom Apartment, Outside City Center (Monthly)

$616 COP 2.0M

$1,412 A$2,030

-56.40%

3-bedroom Apartment, City Center (Monthly)

$1,892 COP 6.0M

$2,245 A$3,226

-15.70%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 COP 3.3M

$1,975 A$2,838

-48.21%

Buy Apartment in City Center (m2)

$4,059 COP 13.0M

Buy Apartment Outside City Center (m2)

$1,678 COP 5.4M

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

$2,974 A$4,274

-78.06%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

5.23

109.18%

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

Last update for Medellin: October 12, 2026

Last update for Gosford: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$616 38.2%

Gosford

$1.4K 51% 129% $797

Groceries & Markets

Medellin

$295 18.3%

Gosford

$362 13.1% 22.9% $67

Monthly Utilities & Internet

Medellin

$214 13.3%

Gosford

$313 11.3% 46% $99

Clothing & Footwear

Medellin

$170 10.5%

Gosford

$155 5.6% 9.1% $15

Eating Out

Medellin

$168 10.4%

Gosford

$276 9.9% 63.6% $107

Getting Around

Medellin

$93 5.8%

Gosford

$164 * 5.9% 76.2% $71

Sport & Entertainment

Medellin

$58 3.6%

Gosford

$90 3.3% 56.2% $33

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

Cost Breakdown

A central one-bedroom costs $1,055 in Medellin versus $1,984 in Gosford. 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 356% higher in Gosford, 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 $46.00 in Medellin versus $82.0 in Gosford. Monthly groceries follow the same trend: $295 vs $362 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇦🇺 Gosford

🕒 Local time

13:12 1:12 PM

05:12 5:12 AM

16 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

4,873

💱 Currency

Colombian Peso COP $

Australian Dollar AUD $

📈 Exchange rate

10,000 COP = 3.13 USD

10,000 COP = 2.8 EUR

1 AUD = 0.696 USD

1 AUD = 0.623 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 13, 2026: 1 USD = 3,194 COP (10,000 COP = 3.13 USD). 1 EUR = 3,566 COP (10,000 COP = 2.8 EUR).

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).

USD to COP in detail →

On the map

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Highest

Between locations

Medellin Gosford 14,320 km ≈ 18 h nonstop flight

From you

Medellin
Gosford

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 Gosford: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,614 in Medellin, $2,772 in Gosford – roughly 72% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,421 per month in Medellin and $4,158 in Gosford. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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.

Kindergarten costs $770 per month in Medellin and $842 in Gosford. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 23% more in Gosford, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,614, than in Gosford at $2,772. In Medellin it covers expenses comfortably, while in Gosford it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,614 in Medellin to $2,772 in Gosford. Climate, culture, job market, and personal taste all factor in.

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.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Gosford makes more sense. Both are solid long-term options with distinct trade-offs.