Cost of Living Comparison Between Canaries and Medellin Cost of Living Comparison Between Canaries and Medellin

Monthly Cost of Living

A single person spends $185 per month in Canaries vs $1,681 in Medellin, rent included.

A couple spends around $279 per month in Canaries vs $2,445 in Medellin, rent included.

A family of three spends $373 per month in Canaries vs $3,210 in Medellin, rent included.

Canaries is about 89% cheaper than Medellin, driven mainly by Groceries & Markets.

Canaries sits 87% below the global median, while Medellin is 23% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.02 COP 25.0K

Three-Course Dinner for Two, Mid-Range

$47.87 COP 149.4K

Fast Food Meal (McDonalds, etc)

$9.89 COP 30.8K

Cappuccino

$3.13 COP 9,767

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

$1.91 COP 5,954

Water (0.33 liter bottle)

$1.51 COP 4,712

Local Beer (0.5 liter draught)

$3.12 COP 9,747

Imported Beer (0.33 liter bottle)

$5.75 COP 17.9K

Milk (1 liter)

$1.44 COP 4,509

White Bread (500g)

$2.49 COP 7,759

Rice (white) (1kg)

$1.77 COP 5,535

Eggs

$2.96 COP 9,235

Local Cheese (1kg)

$10.07 COP 31.4K

Chicken Fillets (1kg)

$10.12 COP 31.6K

Beef Round Steak (1kg)

$14.30 COP 44.6K

Apples (1kg)

$4.14 COP 12.9K

Banana (1kg)

$1.61 COP 5,019

Oranges (1kg)

$2.25 COP 7,007

Tomato (1kg)

$2.25 COP 7,028

Potato (1kg)

$2.04 COP 6,375

Onion (1kg)

$1.54 COP 4,790

Lettuce (1 head)

$1.17 COP 3,651

Water (1.5 liter bottle)

$1.31 COP 4,077

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

Wine (Bottle)

$14.01 COP 43.7K

Local Beer (0.5 liter bottle)

$1.74 COP 5,439

Imported Beer (0.33 liter bottle)

$2.87 COP 8,956

One-way Ticket (Public Transport)

$1.22 COP 3,792

Public Transport Monthly Pass (Regular Price)

$80.5 COP 251.1K

Taxi Start (Normal Tariff)

$1.31 COP 4,084

Taxi (Normal Tariff) (1km)

$2.19 COP 6,825

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.2K

Gasoline (1 liter)

$1.37 COP 4,260

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

$27.8K COP 86.9M

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

$35.8K COP 111.6M

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

$177 COP 553.2K

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

$13.88 COP 43.3K

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 92.8K

Gym Membership (Monthly)

$44.88 COP 140.1K

Tennis Court (1 Hour on Weekend)

$17.12 COP 53.4K

Cinema Ticket

$6.65 COP 20.7K

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

$813 COP 2.5M

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

Jeans (Levis 501 Or Similar)

$89.5 COP 279.3K

Summer Dress (H&M, Zara, etc)

$59.0 COP 184.0K

Sport Shoes (Adidas, Nike)

$138 COP 431.2K

Men's Leather Business Shoes

$102 COP 318.7K

1-bedroom Apartment, City Center (Monthly)

$187 EC$505

$1,062 COP 3.3M

-82.39%

1-bedroom Apartment, Outside City Center (Monthly)

$186 EC$502

$663 COP 2.1M

-71.94%

3-bedroom Apartment, City Center (Monthly)

$302 EC$814

$1,888 COP 5.9M

-84.03%

3-bedroom Apartment, Outside City Center (Monthly)

$365 EC$985

$1,027 COP 3.2M

-64.48%

Buy Apartment in City Center (m2)

$185 EC$500

$4,183 COP 13.1M

-95.57%

Buy Apartment Outside City Center (m2)

$257 EC$693

$1,675 COP 5.2M

-84.68%

Average Monthly Net Salary (After Tax)

$678 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Canaries: September 14, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $187 in Canaries versus $1,062 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

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

Canaries vs Medellin: Cost of Living - Frequently Asked Questions

Medellin costs about 811% more than Canaries, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $277 per month in Canaries and $2,521 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Canaries, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A $1,000 monthly budget goes further in Canaries, where all-in costs run around $185, than in Medellin at $1,681. In Canaries it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Canaries costs $185 versus $1,681 in Medellin. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Canaries. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.