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Australia vs Colombia

Compare cost of living, taxes, salaries and visas between Australia and Colombia.

AustraliaColombia
Cost of living
Cost of living index12349
Taxes
Income tax (top rate)45%39%
VAT / sales tax10%19%
Corporate tax30%35%
Economy & salaries
Avg net salary$3,900/mo$450/mo
Minimum wage$2,600/mo$330/mo
GDP per capita$65,130$6,976
Inflation (annual)2.9%5.2%
Life expectancy83 yr74 yr
Quality of life
LGBTQ+ acceptanceHighHigh
Digital-nomad visaNoYes

? Frequently asked questions

Is Australia cheaper than Colombia?

Colombia is about 60% cheaper than Australia overall โ€” its cost-of-living index is 49 versus 123 for Australia.

How much do you need to earn in Colombia to live like in Australia?

To keep the same standard of living, a $75,000 salary in Australia is worth about $30,098 in Colombia. Enter your own figure in the calculator above.

Which has lower taxes, Australia or Colombia?

Colombia has the lower top income-tax rate โ€” 39% versus 45% in Australia.