Last update: Oct 2026

Cost of Living Comparison Between Taree and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $2,279 in Taree, rent and utilities included – about $7,700 less a year. Rent and utilities account for most of the difference.

118

Cost of Living Index in Taree
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Taree Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Taree

🇦🇺 Australia

$2,279

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

How much you'll spend in Taree and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Taree and in Medellin actually costs, broken down by who's living it.

A single person spends $2,279 per month in Taree vs $1,639 in Medellin, rent included.

Taree $2,279
Medellin $1,639

A couple spends around $3,484 per month in Taree vs $2,413 in Medellin, rent included.

Taree $3,484
Medellin $2,413

A family of three spends $4,688 per month in Taree vs $3,186 in Medellin, rent included.

Taree $4,688
Medellin $3,186

Taree costs about 39% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Taree and Medellin sit above the global median – Taree by 67%, Medellin by 20%.

Meal at Budget Restaurant

$17.50 A$24.80

$8.09 COP 25.6K

116.32%

Three-Course Dinner for Two, Mid-Range

$84.5 A$120

$47.05 COP 148.9K

79.51%

Fast Food Meal (McDonalds, etc)

$10.45 A$14.80

$9.50 COP 30.1K

10.00%

Cappuccino

$3.92 A$5.55

$3.01 COP 9,540

30.23%

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

$2.83 A$4.01

$1.80 COP 5,693

57.22%

Water (0.33 liter bottle)

$2.25 A$3.18

$1.41 COP 4,469

59.57%

Local Beer (0.5 liter draught)

$7.49 A$10.61

$3.18 COP 10.0K

135.53%

Imported Beer (0.33 liter bottle)

$7.40 A$10.48

$5.75 COP 18.2K

28.70%

Milk (1 liter)

$1.22 A$1.73

$1.51 COP 4,778

-19.21%

White Bread (500g)

$1.51 A$2.13

$2.38 COP 7,524

-36.55%

Rice (white) (1kg)

$0.82 A$1.16

$1.77 COP 5,606

-53.67%

Eggs

$3.75 A$5.31

$2.89 COP 9,146

29.76%

Local Cheese (1kg)

$8.18 A$11.59

$10.19 COP 32.2K

-19.73%

Chicken Fillets (1kg)

$6.97 A$9.87

$9.87 COP 31.2K

-29.38%

Beef Round Steak (1kg)

$16.35 A$23.16

$13.99 COP 44.3K

16.87%

Apples (1kg)

$2.82 A$4.00

$3.97 COP 12.6K

-28.97%

Banana (1kg)

$2.42 A$3.42

$1.55 COP 4,911

56.13%

Oranges (1kg)

$1.56 A$2.21

$2.18 COP 6,907

-28.44%

Tomato (1kg)

$3.77 A$5.34

$2.18 COP 6,910

72.94%

Potato (1kg)

$2.33 A$3.30

$1.96 COP 6,210

18.88%

Onion (1kg)

$1.71 A$2.43

$1.59 COP 5,029

7.55%

Lettuce (1 head)

$2.48 A$3.52

$1.15 COP 3,625

115.65%

Water (1.5 liter bottle)

$1.91 A$2.71

$1.24 COP 3,934

54.03%

Cigarettes 20 Pack (Marlboro, Camel)

$30.16 A$42.73

$3.96 COP 12.5K

661.62%

Wine (Bottle)

$7.68 A$10.88

$13.68 COP 43.3K

-43.86%

Local Beer (0.5 liter bottle)

$2.45 A$3.48

$1.66 COP 5,252

47.59%

Imported Beer (0.33 liter bottle)

$5.34 A$7.56

$2.26 COP 7,145

136.28%

One-way Ticket (Public Transport)

$2.92 A$4.13

$1.17 COP 3,696

149.57%

Public Transport Monthly Pass (Regular Price)

$79.4 A$112

$77.4 COP 244.8K

2.62%

Taxi Start (Normal Tariff)

$3.80 A$5.39

$1.27 COP 4,013

199.21%

Taxi (Normal Tariff) (1km)

$1.41 A$1.99

$2.05 COP 6,480

-31.22%

Taxi 1hour Waiting (Normal Tariff)

$41.70 A$59.1

$8.55 COP 27.1K

387.72%

Gasoline (1 liter)

$1.36 A$1.92

$1.35 COP 4,262

0.74%

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

$26.5K A$37.6K

$34.1K COP 107.8M

-22.16%

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

$23.3K A$33.0K

$34.7K COP 109.7M

-32.82%

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

$188 A$267

$170 COP 536.8K

10.99%

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

$26.52 A$37.57

$13.55 COP 42.9K

95.72%

Internet (50+ Mbps, Unlimited Data)

$49.64 A$70.3

$28.07 COP 88.8K

76.84%

Gym Membership (Monthly)

$61.3 A$86.8

$43.70 COP 138.3K

40.23%

Tennis Court (1 Hour on Weekend)

$20.35 A$28.82

$17.19 COP 54.4K

18.38%

Cinema Ticket

$12.62 A$17.88

$6.91 COP 21.9K

82.63%

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

$2,143 A$3,035

$797 COP 2.5M

168.98%

International Primary School, 1 Child (Yearly)

$19.7K A$27.9K

$9,112 COP 28.8M

116.40%

Jeans (Levis 501 Or Similar)

$66.5 A$94.2

$84.7 COP 268.1K

-21.49%

Summer Dress (H&M, Zara, etc)

$54.0 A$76.5

$58.0 COP 183.4K

-6.80%

Sport Shoes (Adidas, Nike)

$110 A$156

$135 COP 427.1K

-18.62%

Men's Leather Business Shoes

$111 A$157

$97.9 COP 309.7K

13.13%

1-bedroom Apartment, City Center (Monthly)

$1,356 A$1,921

$1,208 COP 3.8M

12.26%

1-bedroom Apartment, Outside City Center (Monthly)

$1,093 A$1,548

$642 COP 2.0M

70.35%

3-bedroom Apartment, City Center (Monthly)

$2,041 A$2,891

$2,028 COP 6.4M

0.65%

3-bedroom Apartment, Outside City Center (Monthly)

$1,980 A$2,805

$1,012 COP 3.2M

95.72%

Buy Apartment in City Center (m2)

$5,712 A$8,092

$4,170 COP 13.2M

36.98%

Buy Apartment Outside City Center (m2)

$4,850 A$6,871

$1,910 COP 6.0M

153.90%

Average Monthly Net Salary (After Tax)

$2,929 A$4,150

$657 COP 2.1M

345.78%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

10.94

-46.07%

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

Last update for Taree: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Taree

$1.1K 48%

Medellin

$642 39.1% 41.3% $451

Eating Out

Taree

$291 12.8%

Medellin

$170 10.4% 41.7% $121

Groceries & Markets

Taree

$289 12.7%

Medellin

$297 18.1% 2.7% $7.7

Monthly Utilities & Internet

Taree

$264 11.6%

Medellin

$211 12.9% 20.1% $53

Clothing & Footwear

Taree

$153 6.7%

Medellin

$169 10.3% 10.1% $15

Getting Around

Taree

$102 4.5%

Medellin

$94 5.7% 8.2% $8.4

Sport & Entertainment

Taree

$87 3.8%

Medellin

$58 3.5% 33.5% $29

Cost Breakdown

A central one-bedroom costs $1,356 in Taree versus $1,208 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 in Taree are about 4.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $84 in Taree versus $47 in Medellin. Groceries tell a different story – $289 in Taree vs $297 in Medellin – so Taree wins on supermarket bills even if dining out costs more.

Good to know

🇦🇺 Taree

🇨🇴 Medellin

🕒 Local time

19:35 7:35 PM

03:35 3:35 AM

16 h behind Taree

🌤 Weather

👥 Population

18,110

2,486,723

💱 Currency

Australian Dollar AUD $

Colombian Peso COP $

📈 Exchange rate

1 AUD = 0.706 USD

1 AUD = 0.633 EUR

10,000 COP = 3.16 USD

10,000 COP = 2.83 EUR

Exchange rates and currency converter

COP, USD, EUR to AUD – Australian Dollar Converter

🇺🇸 United States Dollar ($)

🇦🇺 Australian Dollar ($)

Australian Dollar exchange rates as of October 29, 2026: 1 USD = 1.42 AUD (1 AUD = 0.706 USD). 1 EUR = 1.58 AUD (1 AUD = 0.633 EUR).

Colombian Peso exchange rates as of October 29, 2026: 1 USD = 3,164 COP (10,000 COP = 3.16 USD). 1 EUR = 3,531 COP (10,000 COP = 2.83 EUR).

USD to AUD in detail →

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Between locations

Taree Medellin 14,280 km ≈ 18 h nonstop flight

From you

Taree
Medellin

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

Taree vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Taree is pricier by about 39%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,419 per month in Taree and $2,459 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: a one-bedroom in the center costs $1,208 there versus $1,356 in Taree.

A mid-range dinner for two costs $84 in Taree and $47 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 $2,279 in Taree and $1,639 in Medellin. That makes Medellin about 28% cheaper.

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.

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