Last update: Oct 2026

Cost of Living Comparison Between Medellin and Gozo

For one person, living is cheaper in Medellin: $1,639 a month against $1,806 in Gozo, rent and utilities included – about $2,000 less a year. Rent and utilities account for about half of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
87

Cost of Living Index in Gozo
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Gozo Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Gozo

🇲🇹 Malta

$1,806

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Gozo

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

Monthly costs for one person with rent: $1,639 in Medellin versus $1,806 in Gozo.

Medellin $1,639
Gozo $1,806

Estimated couple costs with rent: $2,413 in Medellin versus $2,747 in Gozo.

Medellin $2,413
Gozo $2,747

Monthly costs for a family of three with rent: $3,186 in Medellin versus $3,689 in Gozo.

Medellin $3,186
Gozo $3,689

Living in Medellin costs roughly 9% less than in Gozo, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Medellin 20% above, Gozo 33% above.

Meal at Budget Restaurant

$8.09 COP 26.1K

$30.88 €27.55

-73.80%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.9K

$96.8 €86.4

-51.38%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.7K

$10.98 €9.80

-13.48%

Cappuccino

$3.01 COP 9,734

$2.82 €2.51

6.74%

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

$1.80 COP 5,809

$2.41 €2.15

-25.31%

Water (0.33 liter bottle)

$1.41 COP 4,560

$1.37 €1.22

2.92%

Local Beer (0.5 liter draught)

$3.18 COP 10.3K

$3.29 €2.94

-3.34%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.6K

$4.87 €4.34

18.07%

Milk (1 liter)

$1.51 COP 4,875

$1.21 €1.08

24.79%

White Bread (500g)

$2.38 COP 7,677

$1.12 €1.00

112.50%

Rice (white) (1kg)

$1.77 COP 5,719

$2.85 €2.54

-37.89%

Eggs

$2.89 COP 9,332

$2.71 €2.42

6.64%

Local Cheese (1kg)

$10.19 COP 32.9K

$10.50 €9.37

-2.95%

Chicken Fillets (1kg)

$9.87 COP 31.9K

$7.86 €7.01

25.57%

Beef Round Steak (1kg)

$13.99 COP 45.2K

$17.93 €16.00

-21.97%

Apples (1kg)

$3.97 COP 12.8K

$2.68 €2.39

48.13%

Banana (1kg)

$1.55 COP 5,011

$2.35 €2.10

-34.04%

Oranges (1kg)

$2.18 COP 7,047

$2.68 €2.40

-18.66%

Tomato (1kg)

$2.18 COP 7,050

$1.48 €1.32

47.30%

Potato (1kg)

$1.96 COP 6,336

$1.93 €1.72

1.55%

Onion (1kg)

$1.59 COP 5,131

$1.41 €1.26

12.77%

Lettuce (1 head)

$1.15 COP 3,698

$1.36 €1.21

-15.44%

Water (1.5 liter bottle)

$1.24 COP 4,014

$1.08 €0.97

14.81%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$6.31 €5.63

-37.24%

Wine (Bottle)

$13.68 COP 44.2K

$3.36 €3.00

307.14%

Local Beer (0.5 liter bottle)

$1.66 COP 5,359

$1.50 €1.34

10.67%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,290

$1.20 €1.07

88.33%

One-way Ticket (Public Transport)

$1.17 COP 3,770

$2.73 €2.44

-57.14%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.8K

Taxi Start (Normal Tariff)

$1.27 COP 4,094

$3.97 €3.54

-68.01%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,611

$1.74 €1.55

17.82%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

$32.38 €28.89

-73.59%

Gasoline (1 liter)

$1.35 COP 4,348

$1.47 €1.31

-8.16%

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

$34.1K COP 110.0M

$28.4K €25.4K

19.82%

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

$34.7K COP 111.9M

$38.6K €34.4K

-10.09%

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

$170 COP 547.7K

$94.2 €84.1

80.10%

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

$13.55 COP 43.7K

$30.77 €27.45

-55.96%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.6K

$28.95 €25.83

-3.04%

Gym Membership (Monthly)

$43.70 COP 141.1K

$49.78 €44.41

-12.21%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.5K

Cinema Ticket

$6.91 COP 22.3K

$11.43 €10.20

-39.55%

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

$797 COP 2.6M

$283 €252

181.80%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$12.3K €11.0K

-25.87%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.5K

$56.6 €50.5

49.66%

Summer Dress (H&M, Zara, etc)

$58.0 COP 187.1K

$50.6 €45.12

14.61%

Sport Shoes (Adidas, Nike)

$135 COP 435.7K

$63.3 €56.4

113.34%

Men's Leather Business Shoes

$97.9 COP 316.0K

$130 €116

-24.79%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

$897 €800

34.68%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

$806 €719

-20.38%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

$1,382 €1,233

46.70%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

$1,159 €1,034

-12.71%

Buy Apartment in City Center (m2)

$4,170 COP 13.5M

$4,401 €3,926

-5.24%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

$3,978 €3,549

-51.98%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$1,310 €1,169

-49.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.78

189.42%

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

Last update for Medellin: October 25, 2026

Last update for Gozo: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Gozo

$806 44.6% 25.6% $164

Groceries & Markets

Medellin

$297 18.1%

Gozo

$259 14.4% 12.7% $38

Monthly Utilities & Internet

Medellin

$211 12.9%

Gozo

$154 8.5% 27.1% $57

Eating Out

Medellin

$170 10.4%

Gozo

$355 19.7% 109% $185

Clothing & Footwear

Medellin

$169 10.3%

Gozo

$135 7.5% 20% $34

Getting Around

Medellin

$94 5.7%

Gozo

$24 * 1.3% 74.8% $70

Sport & Entertainment

Medellin

$58 3.5%

Gozo

$73 4% 26.3% $15

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,208 in Medellin and $897 in Gozo. Housing cost is often the main lever when comparing two cities.

Gozo pays 99% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $47 in Medellin vs $97 in Gozo. Groceries flip the comparison at $297 vs $259, with Gozo cheaper for home cooking.

Good to know

🇨🇴 Medellin

🇲🇹 Gozo

🕒 Local time

14:09 2:09 PM

20:09 8:09 PM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

3,680

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,603 COP (10,000 COP = 2.78 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Highest

Between locations

Medellin Gozo 9,590 km ≈ 12 h nonstop flight

From you

Medellin
Gozo

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 Gozo: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 9% lower than in Gozo. 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 50% 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 $897 in Gozo. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Gozo pay roughly 13% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

All in, you’ll spend $1,639 per month in Medellin versus $1,806 in Gozo – Medellin is about 9% cheaper, which adds up to real savings over time.

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.

It comes down to priorities – Medellin wins on affordability, Gozo on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.