Cost of Living Comparison Between Medellin and Gozo Cost of Living Comparison Between Medellin and Gozo

Monthly Cost of Living

Monthly costs for one person with rent: $1,681 in Medellin versus $1,834 in Gozo.

Estimated couple costs with rent: $2,445 in Medellin versus $2,829 in Gozo.

Monthly costs for a family of three with rent: $3,210 in Medellin versus $3,824 in Gozo.

Living in Medellin costs roughly 8% less than in Gozo, driven mainly by Eating Out.

Both cities are pricier than the global median: Medellin 23% above, Gozo 34% above.

Meal at Budget Restaurant

$8.02 COP 25.3K

$28.31 €24.66

-71.67%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 151.0K

$99.7 €86.9

-52.00%

Fast Food Meal (McDonalds, etc)

$9.89 COP 31.2K

$11.77 €10.25

-15.97%

Cappuccino

$3.13 COP 9,873

$3.14 €2.73

-0.32%

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

$1.91 COP 6,019

$2.40 €2.09

-20.42%

Water (0.33 liter bottle)

$1.51 COP 4,763

$1.36 €1.19

11.03%

Local Beer (0.5 liter draught)

$3.12 COP 9,853

$3.55 €3.09

-12.11%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.1K

$5.05 €4.40

13.86%

Milk (1 liter)

$1.44 COP 4,558

$1.23 €1.07

17.07%

White Bread (500g)

$2.49 COP 7,843

$1.17 €1.02

112.82%

Rice (white) (1kg)

$1.77 COP 5,595

$2.79 €2.43

-36.56%

Eggs

$2.96 COP 9,336

$2.84 €2.48

4.23%

Local Cheese (1kg)

$10.07 COP 31.8K

$10.83 €9.43

-7.02%

Chicken Fillets (1kg)

$10.12 COP 31.9K

$8.38 €7.30

20.76%

Beef Round Steak (1kg)

$14.30 COP 45.1K

$18.54 €16.16

-22.87%

Apples (1kg)

$4.14 COP 13.0K

$2.77 €2.41

49.46%

Banana (1kg)

$1.61 COP 5,073

$2.36 €2.06

-31.78%

Oranges (1kg)

$2.25 COP 7,083

$2.76 €2.40

-18.48%

Tomato (1kg)

$2.25 COP 7,104

$1.60 €1.40

40.62%

Potato (1kg)

$2.04 COP 6,444

$2.02 €1.76

0.99%

Onion (1kg)

$1.54 COP 4,842

$1.48 €1.29

4.05%

Lettuce (1 head)

$1.17 COP 3,691

$1.46 €1.27

-19.86%

Water (1.5 liter bottle)

$1.31 COP 4,121

$1.08 €0.94

21.30%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.3K

$6.32 €5.50

-38.29%

Wine (Bottle)

$14.01 COP 44.2K

$3.42 €2.98

309.65%

Local Beer (0.5 liter bottle)

$1.74 COP 5,498

$1.61 €1.40

8.07%

Imported Beer (0.33 liter bottle)

$2.87 COP 9,053

$1.18 €1.03

143.22%

One-way Ticket (Public Transport)

$1.22 COP 3,834

$2.92 €2.54

-58.22%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 253.9K

Taxi Start (Normal Tariff)

$1.31 COP 4,129

$4.08 €3.55

-67.89%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,899

$1.83 €1.59

19.67%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.5K

$33.98 €29.60

-74.37%

Gasoline (1 liter)

$1.37 COP 4,306

$1.57 €1.36

-12.74%

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

$27.8K COP 87.8M

$29.2K €25.4K

-4.58%

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

$35.8K COP 112.8M

$40.1K €34.9K

-10.69%

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

$177 COP 559.3K

$95.5 €83.2

85.69%

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

$13.88 COP 43.8K

$31.95 €27.84

-56.56%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 93.8K

$30.54 €26.60

-2.69%

Gym Membership (Monthly)

$44.88 COP 141.6K

$52.0 €45.34

-13.76%

Tennis Court (1 Hour on Weekend)

$17.12 COP 54.0K

Cinema Ticket

$6.65 COP 21.0K

$11.51 €10.03

-42.22%

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

$813 COP 2.6M

$281 €245

188.88%

International Primary School, 1 Child (Yearly)

$9,187 COP 29.0M

$13.0K €11.3K

-29.08%

Jeans (Levis 501 Or Similar)

$89.5 COP 282.3K

$77.0 €67.1

16.25%

Summer Dress (H&M, Zara, etc)

$59.0 COP 186.0K

$50.7 €44.19

16.27%

Sport Shoes (Adidas, Nike)

$138 COP 435.9K

$67.7 €59.0

104.20%

Men's Leather Business Shoes

$102 COP 322.1K

$137 €119

-25.38%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.3M

$928 €808

14.45%

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

$843 €734

-21.32%

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 6.0M

$1,455 €1,268

29.77%

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.2M

$1,197 €1,043

-14.17%

Buy Apartment in City Center (m2)

$4,183 COP 13.2M

$4,477 €3,901

-6.57%

Buy Apartment Outside City Center (m2)

$1,675 COP 5.3M

$4,029 €3,510

-58.44%

Average Monthly Net Salary (After Tax)

$678 COP 2.1M

$1,359 €1,184

-50.13%

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: September 14, 2026

Last update for Gozo: September 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,062 in Medellin and $928 in Gozo. Housing cost is often the main lever when comparing two cities.

Gozo pays 101% 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: $48.00 in Medellin vs $100 in Gozo. Groceries flip the comparison at $305 vs $269, with Gozo cheaper for home cooking.

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 101% lower in Gozo. 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: $1,062 in Medellin versus $928 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 $1,681 per month in Medellin versus $1,834 in Gozo – a 9% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,681 in Medellin versus $1,834 in Gozo, a $2,500 budget is realistic in Medellin but tight or insufficient in Gozo. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,681 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Safety-wise, Medellin and Gozo 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 9% less than in Gozo. Beyond cost, consider language, visa policies, and how big the international community is in each city.