Last update: Oct 2026

Cost of Living Comparison Between Elliot Lake, ON and Medellin

For one person, living is cheaper in Medellin: $1,625 a month against $2,324 in Elliot Lake, ON, rent and utilities included – about $8,400 less a year. Rent and utilities account for most of the difference.

109

Cost of Living Index in Elliot Lake, ON
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Elliot Lake, ON Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Elliot Lake, ON

🇨🇦 Canada

$2,324

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

How much you'll spend in Elliot Lake, ON 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 Elliot Lake, ON and in Medellin actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,324 in Elliot Lake, ON versus $1,625 in Medellin.

Elliot Lake, ON $2,324
Medellin $1,625

Estimated couple costs with rent: $3,241 in Elliot Lake, ON versus $2,412 in Medellin.

Elliot Lake, ON $3,241
Medellin $2,412

Monthly costs for a family of three with rent: $4,158 in Elliot Lake, ON versus $3,199 in Medellin.

Elliot Lake, ON $4,158
Medellin $3,199

Living in Elliot Lake, ON is roughly 43% more expensive than in Medellin, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Elliot Lake, ON 72% above, Medellin 20% above.

Meal at Budget Restaurant

$17.76 CA$25.11

$8.30 COP 26.3K

113.98%

Three-Course Dinner for Two, Mid-Range

$64.8 CA$91.7

$46.91 COP 148.7K

38.22%

Fast Food Meal (McDonalds, etc)

$10.57 CA$14.94

$9.24 COP 29.3K

14.39%

Cappuccino

$3.70 CA$5.23

$3.05 COP 9,676

21.31%

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

$1.98 CA$2.80

$1.80 COP 5,707

10.00%

Water (0.33 liter bottle)

$1.62 CA$2.29

$1.38 COP 4,382

17.39%

Local Beer (0.5 liter draught)

$5.21 CA$7.36

$3.24 COP 10.3K

60.80%

Imported Beer (0.33 liter bottle)

$5.65 CA$7.98

$5.56 COP 17.6K

1.62%

Milk (1 liter)

$2.30 CA$3.25

$1.50 COP 4,760

53.33%

White Bread (500g)

$2.55 CA$3.60

$2.37 COP 7,508

7.59%

Rice (white) (1kg)

$3.04 CA$4.30

$1.70 COP 5,377

78.82%

Eggs

$3.17 CA$4.48

$2.96 COP 9,379

7.09%

Local Cheese (1kg)

$10.28 CA$14.53

$10.22 COP 32.4K

0.59%

Chicken Fillets (1kg)

$12.93 CA$18.28

$9.74 COP 30.9K

32.75%

Beef Round Steak (1kg)

$16.33 CA$23.08

$13.90 COP 44.1K

17.48%

Apples (1kg)

$3.87 CA$5.47

$4.13 COP 13.1K

-6.30%

Banana (1kg)

$1.26 CA$1.78

$1.53 COP 4,839

-17.65%

Oranges (1kg)

$3.51 CA$4.97

$2.22 COP 7,052

58.11%

Tomato (1kg)

$3.92 CA$5.54

$2.27 COP 7,194

72.69%

Potato (1kg)

$2.73 CA$3.86

$1.99 COP 6,311

37.19%

Onion (1kg)

$1.99 CA$2.81

$1.67 COP 5,285

19.16%

Lettuce (1 head)

$2.43 CA$3.43

$1.18 COP 3,742

105.93%

Water (1.5 liter bottle)

$1.79 CA$2.53

$1.24 COP 3,919

44.35%

Cigarettes 20 Pack (Marlboro, Camel)

$14.18 CA$20.04

$3.87 COP 12.3K

266.41%

Wine (Bottle)

$12.80 CA$18.10

$13.78 COP 43.7K

-7.11%

Local Beer (0.5 liter bottle)

$2.42 CA$3.42

$1.66 COP 5,256

45.78%

Imported Beer (0.33 liter bottle)

$2.91 CA$4.12

$2.40 COP 7,615

21.25%

One-way Ticket (Public Transport)

$2.25 CA$3.18

$1.24 COP 3,944

81.45%

Public Transport Monthly Pass (Regular Price)

$64.7 CA$91.4

$78.2 COP 248.0K

-17.33%

Taxi Start (Normal Tariff)

$2.95 CA$4.17

$1.28 COP 4,044

130.47%

Taxi (Normal Tariff) (1km)

$1.40 CA$1.98

$2.15 COP 6,803

-34.88%

Taxi 1hour Waiting (Normal Tariff)

$23.73 CA$33.55

$8.37 COP 26.5K

183.51%

Gasoline (1 liter)

$1.07 CA$1.52

$1.35 COP 4,288

-20.74%

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

$25.8K CA$36.4K

$34.8K COP 110.2M

-25.84%

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

$23.2K CA$32.8K

$34.7K COP 110.0M

-33.05%

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

$150 CA$212

$167 COP 528.4K

-9.83%

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

$32.88 CA$46.48

$13.62 COP 43.2K

141.41%

Internet (50+ Mbps, Unlimited Data)

$55.6 CA$78.6

$29.12 COP 92.3K

90.87%

Gym Membership (Monthly)

$44.30 CA$62.6

$45.09 COP 143.0K

-1.75%

Tennis Court (1 Hour on Weekend)

$20.25 CA$28.63

$17.18 COP 54.5K

17.87%

Cinema Ticket

$10.01 CA$14.15

$6.97 COP 22.1K

43.62%

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

$628 CA$887

$790 COP 2.5M

-20.56%

International Primary School, 1 Child (Yearly)

$11.6K CA$16.4K

$9,041 COP 28.7M

28.09%

Jeans (Levis 501 Or Similar)

$56.7 CA$80.2

$87.8 COP 278.4K

-35.41%

Summer Dress (H&M, Zara, etc)

$40.46 CA$57.2

$58.2 COP 184.4K

-30.42%

Sport Shoes (Adidas, Nike)

$92.9 CA$131

$139 COP 440.7K

-33.19%

Men's Leather Business Shoes

$107 CA$151

$98.9 COP 313.5K

8.25%

1-bedroom Apartment, City Center (Monthly)

$1,394 CA$1,971

$1,028 COP 3.3M

35.57%

1-bedroom Apartment, Outside City Center (Monthly)

$1,169 CA$1,652

$620 COP 2.0M

88.69%

3-bedroom Apartment, City Center (Monthly)

$2,224 CA$3,145

$1,881 COP 6.0M

18.27%

3-bedroom Apartment, Outside City Center (Monthly)

$1,560 CA$2,206

$1,008 COP 3.2M

54.86%

Buy Apartment in City Center (m2)

$4,250 CA$6,009

$3,988 COP 12.6M

6.58%

Buy Apartment Outside City Center (m2)

$3,892 CA$5,502

$1,702 COP 5.4M

128.67%

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

4.67

10.94

-57.31%

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

Last update for Elliot Lake, ON: October 18, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Elliot Lake, ON

$1.2K 50.3%

Medellin

$619 38.1% 47% $549

Groceries & Markets

Elliot Lake, ON

$365 15.7%

Medellin

$298 18.3% 18.4% $67

Eating Out

Elliot Lake, ON

$270 11.6%

Medellin

$171 10.5% 36.7% $99

Monthly Utilities & Internet

Elliot Lake, ON

$239 10.3%

Medellin

$209 12.9% 12.3% $29

Clothing & Footwear

Elliot Lake, ON

$134 5.8%

Medellin

$173 10.6% 29.2% $39

Getting Around

Elliot Lake, ON

$84 3.6%

Medellin

$95 5.9% 13.8% $12

Sport & Entertainment

Elliot Lake, ON

$64 2.8%

Medellin

$59 3.6% 8.2% $5.3

Cost Breakdown

A one-bedroom apartment in the center runs $1,394 in Elliot Lake, ON and $1,028 in Medellin. Housing cost is often the main lever when comparing two cities.

Dining out: $65.0 in Elliot Lake, ON vs $47.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $365 vs $298 per month, with Medellin cheaper across the board.

Good to know

🇨🇦 Elliot Lake, ON

🇨🇴 Medellin

🕒 Local time

10:21 10:21 AM

09:21 9:21 AM

1 h behind Elliot Lake, ON

🌤 Weather

👥 Population

10,741

2,486,723

💱 Currency

Canadian Dollar CAD $

Colombian Peso COP $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 21, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Colombian Peso exchange rates as of October 21, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to CAD in detail →

On the map

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Elliot Lake, ON Medellin 4,510 km ≈ 6 h nonstop flight

From you

Elliot Lake, ON
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

Elliot Lake, ON vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in groceries, eating out, and utilities. The 43% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $3,487 in Elliot Lake, ON and $2,437 in Medellin to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,394 in Elliot Lake, ON versus $1,028 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,324 per month in Elliot Lake, ON versus $1,625 in Medellin – a 43% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Medellin runs roughly 21% less than in Elliot Lake, ON. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,625 in Medellin versus $2,324 in Elliot Lake, ON, a $2,500 budget is realistic in Medellin but tight or insufficient in Elliot Lake, ON. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Elliot Lake, ON, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Medellin gentler on the wallet – expenses run 43% less than in Elliot Lake, ON. Beyond cost, consider language, visa policies, and how big the international community is in each city.