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Cost of Living Comparison Between Banff and Medellin Cost of Living Comparison Between Banff and Medellin

๐Ÿ˜ Solo nomad: Banff is 136.2% more expensive than Medellin without rent, and 119.3% more expensive with rent.
๐Ÿ˜ Family of 3: Banff is 106.5% more expensive than Medellin without rent, and 177.7% more expensive with rent.
Currency
๐Ÿฝ Eating Out
Banff
Medellin
Difference
Meal at Budget Restaurant
$22.20 CA$30.86
$5.97 COPย 21.9K
271.86%
Three-Course Dinner for Two, Mid-Range
$73.3 CA$102
$32.40 COPย 119.0K
126.14%
Fast Food Meal (McDonalds, etc)
$10.18 CA$14.15
$7.13 COPย 26.2K
42.78%
Cappuccino
$4.42 CA$6.15
$1.65 COPย 6,043
167.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.63 CA$2.26
$1.06 COPย 3,882
53.77%
Water (0.33 liter bottle)
$1.94 CA$2.69
$0.77 COPย 2,839
151.95%
Local Beer (0.5 liter draught)
$5.61 CA$7.80
$1.75 COPย 6,418
220.57%
Imported Beer (0.33 liter bottle)
$8.65 CA$12.03
$3.06 COPย 11.2K
182.68%
๐Ÿ›’ Groceries & Markets
Banff
Medellin
Difference
Milk (1 liter)
$2.13 CA$2.96
$1.10 COPย 4,026
93.64%
White Bread (500g)
$2.33 CA$3.23
$1.30 COPย 4,771
79.23%
Rice (white) (1kg)
$5.75 CA$8.00
$1.34 COPย 4,905
329.10%
Eggs
$3.79 CA$5.27
$2.26 COPย 8,299
67.70%
Local Cheese (1kg)
$12.60 CA$17.51
$4.50 COPย 16.5K
180.00%
Chicken Fillets (1kg)
$14.62 CA$20.32
$5.80 COPย 21.3K
152.07%
Beef Round Steak (1kg)
$12.42 CA$17.26
$8.96 COPย 32.9K
38.62%
Apples (1kg)
$4.09 CA$5.68
$2.37 COPย 8,691
72.57%
Banana (1kg)
$1.51 CA$2.09
$1.07 COPย 3,939
41.12%
Oranges (1kg)
$4.92 CA$6.84
$1.48 COPย 5,418
232.43%
Tomato (1kg)
$5.27 CA$7.33
$1.36 COPย 5,011
287.50%
Potato (1kg)
$3.01 CA$4.18
$1.13 COPย 4,135
166.37%
Onion (1kg)
$3.31 CA$4.61
$1.13 COPย 4,161
192.92%
Lettuce (1 head)
$3.43 CA$4.76
$0.89 COPย 3,274
285.39%
Water (1.5 liter bottle)
$2.90 CA$4.02
$0.85 COPย 3,114
241.18%
Cigarettes 20 Pack (Marlboro, Camel)
$14.46 CA$20.10
$2.28 COPย 8,361
534.21%
Wine (Bottle)
$11.32 CA$15.74
$10.15 COPย 37.3K
11.53%
Local Beer (0.5 liter bottle)
$5.06 CA$7.04
$1.19 COPย 4,359
325.21%
Imported Beer (0.33 liter bottle)
$2.99 CA$4.15
$2.40 COPย 8,828
24.58%
๐ŸšŒ Getting Around
Banff
Medellin
Difference
One-way Ticket (Public Transport)
$1.48 CA$2.06
$0.84 COPย 3,074
76.19%
Public Transport Monthly Pass (Regular Price)
$21.79 CA$30.28
$40.85 COPย 150.0K
-46.66%
Taxi Start (Normal Tariff)
$5.58 CA$7.76
$1.48 COPย 5,417
277.03%
Taxi (Normal Tariff) (1km)
$3.09 CA$4.29
$1.89 COPย 6,949
63.49%
Taxi 1hour Waiting (Normal Tariff)
$19.19 CA$26.67
$8.05 COPย 29.5K
138.39%
Gasoline (1 liter)
$1.02 CA$1.41
$0.94 COPย 3,455
8.51%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.4K CA$35.3K
$17.7K COPย 65.1M
43.03%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.6K CA$28.7K
$26.4K COPย 96.8M
-21.67%
๐Ÿงพ Monthly Utilities & Internet
Banff
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$201 CA$279
$81.9 COPย 300.7K
145.17%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$57.1 CA$79.4
$9.54 COPย 35.0K
498.74%
Internet (50+ Mbps, Unlimited Data)
$69.0 CA$95.9
$23.68 COPย 87.0K
191.22%
๐ŸŽ‰ Sport & Entertainment
Banff
Medellin
Difference
Gym Membership (Monthly)
$76.9 CA$107
$25.85 COPย 94.9K
197.49%
Tennis Court (1 Hour on Weekend)
$37.02 CA$51.5
$18.72 COPย 68.7K
97.76%
Cinema Ticket
$8.87 CA$12.33
$4.05 COPย 14.9K
119.01%
๐Ÿงธ Childcare & Education
Banff
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$874 CA$1,214
$316 COPย 1.2M
176.52%
International Primary School, 1 Child (Yearly)
$11.9K CA$16.6K
$5,971 COPย 21.9M
99.94%
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Banff
Medellin
Difference
Jeans (Levis 501 Or Similar)
$44.50 CA$61.9
$59.0 COPย 216.4K
-24.51%
Summer Dress (H&M, Zara, etc)
$47.28 CA$65.7
$32.49 COPย 119.3K
45.52%
Sport Shoes (Adidas, Nike)
$91.1 CA$127
$99.9 COPย 366.7K
-8.74%
Men's Leather Business Shoes
$109 CA$151
$108 COPย 394.9K
0.92%
๐Ÿ  Accommodation & Living
Banff
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$881 CA$1,225
$491 COPย 1.8M
79.28%
1-bedroom Apartment, Outside City Center (Monthly)
$901 CA$1,252
$371 COPย 1.4M
142.76%
3-bedroom Apartment, City Center (Monthly)
$1,349 CA$1,875
$821 COPย 3.0M
64.23%
3-bedroom Apartment, Outside City Center (Monthly)
$3,045 CA$4,233
$731 COPย 2.7M
316.50%
Buy Apartment in City Center (m2)
$3,796 CA$5,276
$3,019 COPย 11.1M
25.72%
Buy Apartment Outside City Center (m2)
$3,513 CA$4,883
$1,332 COPย 4.9M
163.69%
๐Ÿ’ต Salaries & Financials
Banff
Medellin
Difference
Average Monthly Net Salary (After Tax)
$2,698 CA$3,750
$517 COPย 1.9M
421.80%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.62
13.43
-50.71%

CityCost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update for Banff: January 12, 2026

Last update for Medellin: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
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