Last update: Oct 2026

Cost of Living Comparison Between Gran Canaria, Canary Islands and Medellin

For one person, living costs are similar in Gran Canaria, Canary Islands and in Medellin: $1,610 and $1,625 a month, rent and utilities included.

79

Cost of Living Index in Gran Canaria, Canary Islands
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Gran Canaria, Canary Islands Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Gran Canaria, Canary Islands

🇪🇸 Spain

$1,610

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

How much you'll spend in Gran Canaria, Canary Islands 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 Gran Canaria, Canary Islands and in Medellin actually costs, broken down by who's living it.

A single person spends $1,610 per month in Gran Canaria, Canary Islands vs $1,625 in Medellin, rent included.

Gran Canaria, Canary Islands $1,610
Medellin $1,625

A couple spends around $2,368 per month in Gran Canaria, Canary Islands vs $2,412 in Medellin, rent included.

Gran Canaria, Canary Islands $2,368
Medellin $2,412

A family of three spends $3,126 per month in Gran Canaria, Canary Islands vs $3,199 in Medellin, rent included.

Gran Canaria, Canary Islands $3,126
Medellin $3,199

Gran Canaria, Canary Islands is about 1% cheaper than Medellin, and outside of rent the biggest gap is in eating out.

Both Gran Canaria, Canary Islands and Medellin sit above the global median – Gran Canaria, Canary Islands by 19%, Medellin by 20%.

Meal at Budget Restaurant

$14.81 €13.18

$8.30 COP 26.3K

78.43%

Three-Course Dinner for Two, Mid-Range

$57.1 €50.8

$46.91 COP 148.7K

21.74%

Fast Food Meal (McDonalds, etc)

$10.31 €9.17

$9.24 COP 29.3K

11.58%

Cappuccino

$2.17 €1.93

$3.05 COP 9,676

-28.85%

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

$2.39 €2.12

$1.80 COP 5,707

32.78%

Water (0.33 liter bottle)

$1.70 €1.51

$1.38 COP 4,382

23.19%

Local Beer (0.5 liter draught)

$3.40 €3.03

$3.24 COP 10.3K

4.94%

Imported Beer (0.33 liter bottle)

$3.41 €3.04

$5.56 COP 17.6K

-38.67%

Milk (1 liter)

$1.19 €1.06

$1.50 COP 4,760

-20.67%

White Bread (500g)

$1.36 €1.21

$2.37 COP 7,508

-42.62%

Rice (white) (1kg)

$1.67 €1.48

$1.70 COP 5,377

-1.76%

Eggs

$2.89 €2.57

$2.96 COP 9,379

-2.36%

Local Cheese (1kg)

$13.52 €12.03

$10.22 COP 32.4K

32.29%

Chicken Fillets (1kg)

$8.22 €7.31

$9.74 COP 30.9K

-15.61%

Beef Round Steak (1kg)

$15.10 €13.43

$13.90 COP 44.1K

8.63%

Apples (1kg)

$2.51 €2.23

$4.13 COP 13.1K

-39.23%

Banana (1kg)

$1.96 €1.74

$1.53 COP 4,839

28.10%

Oranges (1kg)

$1.97 €1.75

$2.22 COP 7,052

-11.26%

Tomato (1kg)

$2.59 €2.30

$2.27 COP 7,194

14.10%

Potato (1kg)

$1.73 €1.54

$1.99 COP 6,311

-13.07%

Onion (1kg)

$2.02 €1.80

$1.67 COP 5,285

20.96%

Lettuce (1 head)

$1.33 €1.18

$1.18 COP 3,742

12.71%

Water (1.5 liter bottle)

$0.70 €0.62

$1.24 COP 3,919

-43.55%

Cigarettes 20 Pack (Marlboro, Camel)

$6.46 €5.75

$3.87 COP 12.3K

66.93%

Wine (Bottle)

$5.73 €5.10

$13.78 COP 43.7K

-58.42%

Local Beer (0.5 liter bottle)

$1.20 €1.07

$1.66 COP 5,256

-27.71%

Imported Beer (0.33 liter bottle)

$2.05 €1.83

$2.40 COP 7,615

-14.58%

One-way Ticket (Public Transport)

$1.69 €1.50

$1.24 COP 3,944

36.29%

Public Transport Monthly Pass (Regular Price)

$33.64 €29.92

$78.2 COP 248.0K

-56.99%

Taxi Start (Normal Tariff)

$4.09 €3.64

$1.28 COP 4,044

219.53%

Taxi (Normal Tariff) (1km)

$1.26 €1.12

$2.15 COP 6,803

-41.40%

Taxi 1hour Waiting (Normal Tariff)

$25.03 €22.26

$8.37 COP 26.5K

199.04%

Gasoline (1 liter)

$1.76 €1.57

$1.35 COP 4,288

30.37%

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

$38.3K €34.1K

$34.8K COP 110.2M

10.15%

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

$30.3K €27.0K

$34.7K COP 110.0M

-12.56%

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

$135 €120

$167 COP 528.4K

-19.26%

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

$20.74 €18.45

$13.62 COP 43.2K

52.28%

Internet (50+ Mbps, Unlimited Data)

$30.89 €27.48

$29.12 COP 92.3K

6.08%

Gym Membership (Monthly)

$47.30 €42.08

$45.09 COP 143.0K

4.90%

Tennis Court (1 Hour on Weekend)

$15.03 €13.37

$17.18 COP 54.5K

-12.51%

Cinema Ticket

$9.02 €8.03

$6.97 COP 22.1K

29.41%

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

$413 €367

$790 COP 2.5M

-47.77%

International Primary School, 1 Child (Yearly)

$8,267 €7,353

$9,041 COP 28.7M

-8.57%

Jeans (Levis 501 Or Similar)

$84.1 €74.8

$87.8 COP 278.4K

-4.23%

Summer Dress (H&M, Zara, etc)

$34.68 €30.84

$58.2 COP 184.4K

-40.36%

Sport Shoes (Adidas, Nike)

$87.4 €77.8

$139 COP 440.7K

-37.09%

Men's Leather Business Shoes

$107 €95.5

$98.9 COP 313.5K

8.59%

1-bedroom Apartment, City Center (Monthly)

$853 €758

$1,028 COP 3.3M

-17.08%

1-bedroom Apartment, Outside City Center (Monthly)

$690 €614

$620 COP 2.0M

11.42%

3-bedroom Apartment, City Center (Monthly)

$1,305 €1,161

$1,881 COP 6.0M

-30.62%

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 €903

$1,008 COP 3.2M

0.80%

Buy Apartment in City Center (m2)

$3,320 €2,953

$3,988 COP 12.6M

-16.76%

Buy Apartment Outside City Center (m2)

$2,366 €2,105

$1,702 COP 5.4M

39.05%

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

10.94

-68.01%

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

Last update for Gran Canaria, Canary Islands: 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

Gran Canaria, Canary Islands

$690 42.9%

Medellin

$619 38.1% 10.2% $71

Groceries & Markets

Gran Canaria, Canary Islands

$260 16.2%

Medellin

$298 18.3% 14.5% $38

Eating Out

Gran Canaria, Canary Islands

$216 13.4%

Medellin

$171 10.5% 20.8% $45

Monthly Utilities & Internet

Gran Canaria, Canary Islands

$186 11.6%

Medellin

$209 12.9% 12.5% $23

Clothing & Footwear

Gran Canaria, Canary Islands

$141 8.8%

Medellin

$173 10.6% 22.4% $32

Sport & Entertainment

Gran Canaria, Canary Islands

$65 4.1%

Medellin

$59 3.6% 9.7% $6.3

Getting Around

Gran Canaria, Canary Islands

$51 3.2%

Medellin

$95 5.9% 87.5% $44

Cost Breakdown

A central one-bedroom costs $853 in Gran Canaria, Canary Islands versus $1,028 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $57.0 in Gran Canaria, Canary Islands versus $47.00 in Medellin. Groceries tell a different story – $260 in Gran Canaria, Canary Islands vs $298 in Medellin – so Gran Canaria, Canary Islands wins on supermarket bills even if dining out costs more.

Good to know

🇪🇸 Gran Canaria, Canary Islands

🇨🇴 Medellin

🕒 Local time

02:30 2:30 AM

20:30 8:30 PM

6 h behind Gran Canaria, Canary Islands

🌤 Weather

👥 Population

862,893

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 24, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 24, 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 EUR in detail →

On the map

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Between locations

Gran Canaria, Canary Islands Medellin 6,750 km ≈ 9 h nonstop flight

From you

Gran Canaria, Canary Islands
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

Gran Canaria, Canary Islands vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 1%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,414 per month in Gran Canaria, Canary Islands and $2,437 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $413 per month in Gran Canaria, Canary Islands and $790 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 14% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Gran Canaria, Canary Islands, where all-in costs run around $1,610, than in Medellin at $1,625. In Gran Canaria, Canary Islands it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Gran Canaria, Canary Islands – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Gran Canaria, Canary Islands. 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.