Cost of Living Comparison Between Medellin and Goulburn Cost of Living Comparison Between Medellin and Goulburn

Monthly Cost of Living

A single person spends $1,034 per month in Medellin vs $2,130 in Goulburn, rent included.

A couple spends around $1,577 per month in Medellin vs $3,173 in Goulburn, rent included.

A family of three spends $2,120 per month in Medellin vs $4,216 in Goulburn, rent included.

Medellin is about 51% cheaper than Goulburn, driven mainly by Eating Out.

Medellin sits 23% below the global median, while Goulburn is 59% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Medellin
Goulburn
Difference
Meal at Budget Restaurant
$5.92 COPΒ 21.4K
$17.65 A$24.71
-66.46%
Three-Course Dinner for Two, Mid-Range
$32.75 COPΒ 118.2K
$95.1 A$133
-65.57%
Fast Food Meal (McDonalds, etc)
$7.20 COPΒ 26.0K
$8.01 A$11.22
-10.11%
Cappuccino
$1.70 COPΒ 6,140
$2.94 A$4.12
-42.18%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COPΒ 3,966
$2.87 A$4.02
-61.67%
Water (0.33 liter bottle)
$0.72 COPΒ 2,605
$2.11 A$2.96
-65.88%
Local Beer (0.5 liter draught)
$1.67 COPΒ 6,022
$6.42 A$8.98
-73.99%
Imported Beer (0.33 liter bottle)
$3.10 COPΒ 11.2K
$6.60 A$9.24
-53.03%
πŸ›’ Groceries & Markets
Medellin
Goulburn
Difference
Milk (1 liter)
$1.06 COPΒ 3,809
$1.09 A$1.53
-2.75%
White Bread (500g)
$1.25 COPΒ 4,497
$2.34 A$3.27
-46.58%
Rice (white) (1kg)
$1.39 COPΒ 5,022
$2.21 A$3.09
-37.10%
Eggs
$2.26 COPΒ 8,168
$3.78 A$5.29
-40.21%
Local Cheese (1kg)
$4.33 COPΒ 15.6K
$9.41 A$13.17
-53.99%
Chicken Fillets (1kg)
$5.84 COPΒ 21.1K
$7.78 A$10.89
-24.94%
Beef Round Steak (1kg)
$8.83 COPΒ 31.9K
$14.22 A$19.91
-37.90%
Apples (1kg)
$2.24 COPΒ 8,099
$3.11 A$4.35
-27.97%
Banana (1kg)
$1.08 COPΒ 3,882
$2.16 A$3.02
-50.00%
Oranges (1kg)
$1.53 COPΒ 5,522
$1.58 A$2.22
-3.16%
Tomato (1kg)
$1.37 COPΒ 4,950
$3.69 A$5.16
-62.87%
Potato (1kg)
$1.13 COPΒ 4,078
$2.38 A$3.33
-52.52%
Onion (1kg)
$1.12 COPΒ 4,036
$1.28 A$1.79
-12.50%
Lettuce (1 head)
$0.85 COPΒ 3,057
$1.33 A$1.86
-36.09%
Water (1.5 liter bottle)
$0.91 COPΒ 3,281
$0.95 A$1.33
-4.21%
Cigarettes 20 Pack (Marlboro, Camel)
$2.33 COPΒ 8,414
$29.85 A$41.79
-92.19%
Wine (Bottle)
$11.13 COPΒ 40.2K
$8.61 A$12.05
29.27%
Local Beer (0.5 liter bottle)
$1.19 COPΒ 4,309
$4.04 A$5.65
-70.54%
Imported Beer (0.33 liter bottle)
$2.37 COPΒ 8,553
$3.07 A$4.30
-22.80%
🚌 Getting Around
Medellin
Goulburn
Difference
One-way Ticket (Public Transport)
$0.79 COPΒ 2,838
$2.56 A$3.59
-69.14%
Public Transport Monthly Pass (Regular Price)
$41.13 COPΒ 148.5K
$66.2 A$92.7
-37.88%
Taxi Start (Normal Tariff)
$1.44 COPΒ 5,184
$2.30 A$3.22
-37.39%
Taxi (Normal Tariff) (1km)
$1.91 COPΒ 6,901
$1.61 A$2.25
18.63%
Taxi 1hour Waiting (Normal Tariff)
$8.02 COPΒ 28.9K
$38.34 A$53.7
-79.08%
Gasoline (1 liter)
$0.94 COPΒ 3,385
$1.12 A$1.57
-16.07%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.9K COPΒ 64.7M
$28.7K A$40.2K
-37.59%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.8K COPΒ 96.7M
$21.7K A$30.4K
23.29%
🧾 Monthly Utilities & Internet
Medellin
Goulburn
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$84.0 COPΒ 303.1K
$96.3 A$135
-12.78%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.60 COPΒ 34.7K
$29.43 A$41.20
-67.38%
Internet (50+ Mbps, Unlimited Data)
$24.16 COPΒ 87.2K
$56.0 A$78.4
-56.86%
πŸŽ‰ Sport & Entertainment
Medellin
Goulburn
Difference
Gym Membership (Monthly)
$25.88 COPΒ 93.4K
$49.73 A$69.6
-47.96%
Tennis Court (1 Hour on Weekend)
$19.04 COPΒ 68.7K
$15.44 A$21.61
23.32%
Cinema Ticket
$3.92 COPΒ 14.1K
$7.90 A$11.06
-50.38%
🧸 Childcare & Education
Medellin
Goulburn
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$306 COPΒ 1.1M
$908 A$1,271
-66.26%
International Primary School, 1 Child (Yearly)
$5,919 COPΒ 21.4M
$12.0K A$16.8K
-50.71%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
Goulburn
Difference
Jeans (Levis 501 Or Similar)
$57.9 COPΒ 209.1K
$74.9 A$105
-22.71%
Summer Dress (H&M, Zara, etc)
$31.82 COPΒ 114.9K
$44.97 A$63.0
-29.24%
Sport Shoes (Adidas, Nike)
$99.9 COPΒ 360.6K
$90.6 A$127
10.33%
Men's Leather Business Shoes
$107 COPΒ 386.8K
$109 A$152
-1.50%
🏠 Accommodation & Living
Medellin
Goulburn
Difference
1-bedroom Apartment, City Center (Monthly)
$487 COPΒ 1.8M
$1,285 A$1,800
-62.14%
1-bedroom Apartment, Outside City Center (Monthly)
$368 COPΒ 1.3M
$1,054 A$1,475
-65.08%
3-bedroom Apartment, City Center (Monthly)
$826 COPΒ 3.0M
$2,017 A$2,824
-59.07%
3-bedroom Apartment, Outside City Center (Monthly)
$716 COPΒ 2.6M
$1,703 A$2,384
-57.96%
Buy Apartment in City Center (m2)
$2,925 COPΒ 10.6M
$6,278 A$8,790
-53.41%
Buy Apartment Outside City Center (m2)
$1,407 COPΒ 5.1M
$5,437 A$7,611
-74.12%
πŸ’΅ Salaries & Financials
Medellin
Goulburn
Difference
Average Monthly Net Salary (After Tax)
$546 COPΒ 2.0M
$4,256 A$5,958
-87.18%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
6.75
98.96%

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

Last update for Medellin: April 27, 2026

Last update for Goulburn: April 26, 2026

Cost Breakdown

A central one-bedroom costs $487 in Medellin versus $1,285 in Goulburn. 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 680% higher in Goulburn, 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 $33.00 in Medellin versus $95.0 in Goulburn. Monthly groceries follow the same trend: $190 vs $291 – making Medellin the more affordable choice for daily food spending.

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 Goulburn: Cost of Living - Frequently Asked Questions
Is Goulburn cheaper than Medellin?
Yes – Goulburn is pricier by about 106%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,550 per month in Medellin and $3,194 in Goulburn. 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.
How do food prices compare in Medellin and Goulburn?
Groceries cost about 53% more in Goulburn, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is eating out cheaper in Medellin or Goulburn?
A mid-range dinner for two costs $33.00 in Medellin and $95.0 in Goulburn. That's a good indicator of the overall restaurant and cafΓ© pricing gap between the two cities.
Is $1,500 a realistic budget for Medellin or Goulburn?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,034, than in Goulburn at $2,130. In Medellin it covers expenses comfortably, while in Goulburn it requires careful planning or may not stretch far enough.
Is Medellin or Goulburn 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, Medellin or Goulburn?
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, Goulburn makes more sense. Both are solid long-term options with distinct trade-offs.

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