Cost of Living Comparison Between Melbourne and Medellin Cost of Living Comparison Between Melbourne and Medellin

Monthly Cost of Living

A single person spends $2,416 per month in Melbourne vs $1,013 in Medellin, rent included.

A couple spends around $3,579 per month in Melbourne vs $1,602 in Medellin, rent included.

A family of three spends $4,742 per month in Melbourne vs $2,192 in Medellin, rent included.

Melbourne costs about 139% more than Medellin, driven mainly by Eating Out.

Melbourne sits 80% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$19.75 A$27.68

$5.99 COP 21.3K

229.72%

Three-Course Dinner for Two, Mid-Range

$78.7 A$110

$32.86 COP 116.9K

139.35%

Fast Food Meal (McDonalds, etc)

$9.70 A$13.60

$7.09 COP 25.2K

36.81%

Cappuccino

$3.66 A$5.14

$1.71 COP 6,093

114.04%

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

$2.60 A$3.65

$1.10 COP 3,910

136.36%

Water (0.33 liter bottle)

$2.34 A$3.28

$0.78 COP 2,771

200.00%

Local Beer (0.5 liter draught)

$7.17 A$10.06

$1.68 COP 5,976

326.79%

Imported Beer (0.33 liter bottle)

$6.99 A$9.79

$3.07 COP 10.9K

127.69%

Milk (1 liter)

$1.45 A$2.03

$1.09 COP 3,892

33.03%

White Bread (500g)

$2.66 A$3.73

$1.26 COP 4,492

111.11%

Rice (white) (1kg)

$2.34 A$3.28

$1.38 COP 4,905

69.57%

Eggs

$4.80 A$6.73

$2.19 COP 7,799

119.18%

Local Cheese (1kg)

$8.77 A$12.29

$4.40 COP 15.7K

99.32%

Chicken Fillets (1kg)

$9.44 A$13.23

$5.63 COP 20.0K

67.67%

Beef Round Steak (1kg)

$14.42 A$20.22

$8.89 COP 31.6K

62.20%

Apples (1kg)

$3.33 A$4.67

$2.34 COP 8,319

42.31%

Banana (1kg)

$2.77 A$3.89

$1.06 COP 3,764

161.32%

Oranges (1kg)

$3.00 A$4.21

$1.50 COP 5,355

100.00%

Tomato (1kg)

$3.95 A$5.53

$1.38 COP 4,906

186.23%

Potato (1kg)

$2.68 A$3.75

$1.15 COP 4,097

133.04%

Onion (1kg)

$2.36 A$3.30

$1.16 COP 4,141

103.45%

Lettuce (1 head)

$2.14 A$2.99

$0.89 COP 3,170

140.45%

Water (1.5 liter bottle)

$1.63 A$2.29

$0.84 COP 2,986

94.05%

Cigarettes 20 Pack (Marlboro, Camel)

$32.44 A$45.49

$2.28 COP 8,116

1322.81%

Wine (Bottle)

$14.11 A$19.78

$10.64 COP 37.9K

32.61%

Local Beer (0.5 liter bottle)

$4.64 A$6.51

$1.20 COP 4,268

286.67%

Imported Beer (0.33 liter bottle)

$5.04 A$7.07

$2.47 COP 8,793

104.05%

One-way Ticket (Public Transport)

$3.49 A$4.89

$0.86 COP 3,045

305.81%

Public Transport Monthly Pass (Regular Price)

$120 A$168

$41.40 COP 147.3K

189.66%

Taxi Start (Normal Tariff)

$3.50 A$4.91

$1.47 COP 5,245

138.10%

Taxi (Normal Tariff) (1km)

$1.35 A$1.89

$1.96 COP 6,984

-31.12%

Taxi 1hour Waiting (Normal Tariff)

$26.94 A$37.77

$7.74 COP 27.5K

248.06%

Gasoline (1 liter)

$1.19 A$1.67

$0.95 COP 3,397

25.26%

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

$29.4K A$41.3K

$18.1K COP 64.5M

62.28%

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

$23.6K A$33.1K

$26.5K COP 94.2M

-10.99%

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

$150 A$210

$82.3 COP 292.7K

82.31%

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

$21.16 A$29.67

$9.50 COP 33.8K

122.74%

Internet (50+ Mbps, Unlimited Data)

$50.3 A$70.5

$24.23 COP 86.2K

107.55%

Gym Membership (Monthly)

$49.14 A$68.9

$25.89 COP 92.1K

89.80%

Tennis Court (1 Hour on Weekend)

$16.37 A$22.96

$19.00 COP 67.6K

-13.84%

Cinema Ticket

$16.43 A$23.04

$3.93 COP 14.0K

318.07%

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

$1,764 A$2,473

$309 COP 1.1M

470.00%

International Primary School, 1 Child (Yearly)

$19.2K A$26.9K

$5,965 COP 21.2M

221.71%

Jeans (Levis 501 Or Similar)

$68.3 A$95.8

$58.7 COP 208.7K

16.42%

Summer Dress (H&M, Zara, etc)

$53.3 A$74.7

$32.35 COP 115.1K

64.70%

Sport Shoes (Adidas, Nike)

$106 A$149

$103 COP 365.1K

3.62%

Men's Leather Business Shoes

$105 A$147

$108 COP 385.8K

-3.54%

1-bedroom Apartment, City Center (Monthly)

$1,572 A$2,205

$476 COP 1.7M

230.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,195 A$1,675

$379 COP 1.3M

215.41%

3-bedroom Apartment, City Center (Monthly)

$3,048 A$4,273

$838 COP 3.0M

263.59%

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 A$2,789

$724 COP 2.6M

174.85%

Buy Apartment in City Center (m2)

$7,387 A$10.4K

$2,791 COP 9.9M

164.72%

Buy Apartment Outside City Center (m2)

$6,527 A$9,151

$1,211 COP 4.3M

438.83%

Average Monthly Net Salary (After Tax)

$4,512 A$6,326

$512 COP 1.8M

781.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.19

13.43

-53.91%

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

Last update for Melbourne: May 31, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,572 in Melbourne versus $476 in Medellin. 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 782% higher in Melbourne, 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 $79.0 in Melbourne versus $33.00 in Medellin. Monthly groceries follow the same trend: $354 vs $188 – 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

Melbourne vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Melbourne is pricier by about 139%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,624 per month in Melbourne and $1,519 in Medellin. 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.

A mid-range dinner for two costs $79.0 in Melbourne and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,416 in Melbourne and $1,013 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Melbourne at $2,416. In Medellin it covers expenses comfortably, while in Melbourne it requires careful planning or may not stretch far enough.

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.

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, Melbourne makes more sense. Both are solid long-term options with distinct trade-offs.