Last update: Oct 2026

Cost of Living Comparison Between Hope and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $2,303 in Hope, rent and utilities included – about $8,000 less a year. Rent and utilities account for most of the difference.

110

Cost of Living Index in Hope
Learn more

Hope Living Index
79

Cost of Living Index in Medellin
Learn more

Medellin Living Index

Jump to prices

Hope

🇨🇦 Canada

$2,303

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

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

A single person spends $2,303 per month in Hope vs $1,639 in Medellin, rent included.

Hope $2,303
Medellin $1,639

A couple spends around $3,286 per month in Hope vs $2,413 in Medellin, rent included.

Hope $3,286
Medellin $2,413

A family of three spends $4,269 per month in Hope vs $3,186 in Medellin, rent included.

Hope $4,269
Medellin $3,186

Hope costs about 40% more than Medellin, and outside of rent the biggest gap is in groceries.

Both Hope and Medellin sit above the global median – Hope by 69%, Medellin by 20%.

Meal at Budget Restaurant

$14.17 CA$19.81

$8.09 COP 26.1K

75.15%

Three-Course Dinner for Two, Mid-Range

$50.7 CA$70.9

$47.05 COP 151.8K

7.76%

Fast Food Meal (McDonalds, etc)

$9.19 CA$12.85

$9.50 COP 30.7K

-3.26%

Cappuccino

$4.49 CA$6.28

$3.01 COP 9,729

49.17%

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

$1.41 CA$1.97

$1.80 COP 5,806

-21.67%

Water (0.33 liter bottle)

$1.73 CA$2.42

$1.41 COP 4,558

22.70%

Local Beer (0.5 liter draught)

$4.58 CA$6.40

$3.18 COP 10.2K

44.03%

Imported Beer (0.33 liter bottle)

$5.86 CA$8.20

$5.75 COP 18.6K

1.91%

Milk (1 liter)

$2.43 CA$3.40

$1.51 COP 4,873

60.93%

White Bread (500g)

$2.83 CA$3.96

$2.38 COP 7,673

18.91%

Rice (white) (1kg)

$3.59 CA$5.02

$1.77 COP 5,716

102.82%

Eggs

$3.16 CA$4.42

$2.89 COP 9,327

9.34%

Local Cheese (1kg)

$13.88 CA$19.41

$10.19 COP 32.9K

36.21%

Chicken Fillets (1kg)

$14.13 CA$19.75

$9.87 COP 31.9K

43.16%

Beef Round Steak (1kg)

$25.03 CA$35.00

$13.99 COP 45.1K

78.91%

Apples (1kg)

$4.56 CA$6.38

$3.97 COP 12.8K

14.86%

Banana (1kg)

$1.32 CA$1.85

$1.55 COP 5,009

-14.84%

Oranges (1kg)

$4.47 CA$6.25

$2.18 COP 7,044

105.05%

Tomato (1kg)

$4.72 CA$6.60

$2.18 COP 7,047

116.51%

Potato (1kg)

$2.91 CA$4.08

$1.96 COP 6,333

48.47%

Onion (1kg)

$3.71 CA$5.19

$1.59 COP 5,129

133.33%

Lettuce (1 head)

$2.71 CA$3.79

$1.15 COP 3,696

135.65%

Water (1.5 liter bottle)

$2.08 CA$2.90

$1.24 COP 4,012

67.74%

Cigarettes 20 Pack (Marlboro, Camel)

$14.09 CA$19.70

$3.96 COP 12.8K

255.81%

Wine (Bottle)

$13.63 CA$19.06

$13.68 COP 44.2K

-0.37%

Local Beer (0.5 liter bottle)

$2.12 CA$2.96

$1.66 COP 5,356

27.71%

Imported Beer (0.33 liter bottle)

$2.34 CA$3.27

$2.26 COP 7,286

3.54%

One-way Ticket (Public Transport)

$2.16 CA$3.02

$1.17 COP 3,769

84.62%

Public Transport Monthly Pass (Regular Price)

$61.7 CA$86.3

$77.4 COP 249.7K

-20.23%

Taxi Start (Normal Tariff)

$2.92 CA$4.09

$1.27 COP 4,092

129.92%

Taxi (Normal Tariff) (1km)

$1.45 CA$2.03

$2.05 COP 6,608

-29.27%

Taxi 1hour Waiting (Normal Tariff)

$26.66 CA$37.28

$8.55 COP 27.6K

211.81%

Gasoline (1 liter)

$1.32 CA$1.84

$1.35 COP 4,346

-2.22%

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

$27.7K CA$38.8K

$34.1K COP 109.9M

-18.58%

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

$21.2K CA$29.6K

$34.7K COP 111.9M

-38.87%

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

$123 CA$171

$170 COP 547.5K

-27.73%

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

$45.13 CA$63.1

$13.55 COP 43.7K

233.06%

Internet (50+ Mbps, Unlimited Data)

$53.0 CA$74.1

$28.07 COP 90.6K

88.85%

Gym Membership (Monthly)

$38.82 CA$54.3

$43.70 COP 141.0K

-11.17%

Tennis Court (1 Hour on Weekend)

$17.90 CA$25.04

$17.19 COP 55.5K

4.13%

Cinema Ticket

$14.42 CA$20.16

$6.91 COP 22.3K

108.68%

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

$649 CA$908

$797 COP 2.6M

-18.47%

International Primary School, 1 Child (Yearly)

$15.0K CA$20.9K

$9,112 COP 29.4M

64.33%

Jeans (Levis 501 Or Similar)

$54.3 CA$75.9

$84.7 COP 273.4K

-35.95%

Summer Dress (H&M, Zara, etc)

$46.66 CA$65.3

$58.0 COP 187.0K

-19.50%

Sport Shoes (Adidas, Nike)

$72.1 CA$101

$135 COP 435.5K

-46.55%

Men's Leather Business Shoes

$72.4 CA$101

$97.9 COP 315.8K

-26.04%

1-bedroom Apartment, City Center (Monthly)

$1,311 CA$1,833

$1,208 COP 3.9M

8.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,148 CA$1,605

$642 COP 2.1M

78.93%

3-bedroom Apartment, City Center (Monthly)

$1,996 CA$2,791

$2,028 COP 6.5M

-1.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,362

$1,012 COP 3.3M

66.96%

Buy Apartment in City Center (m2)

$4,374 CA$6,117

$4,170 COP 13.5M

4.89%

Buy Apartment Outside City Center (m2)

$3,550 CA$4,964

$1,910 COP 6.2M

85.81%

Average Monthly Net Salary (After Tax)

$2,977 CA$4,164

$657 COP 2.1M

353.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.76

10.94

-56.49%

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

Last update for Hope: October 24, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Hope

$1.1K 49.8%

Medellin

$642 39.1% 44.1% $506

Groceries & Markets

Hope

$434 18.8%

Medellin

$297 18.1% 31.5% $137

Eating Out

Hope

$242 10.5%

Medellin

$170 10.4% 29.9% $72

Monthly Utilities & Internet

Hope

$221 9.6%

Medellin

$211 12.9% 4.3% $9.5

Clothing & Footwear

Hope

$110 4.8%

Medellin

$169 10.3% 53% $59

Getting Around

Hope

$81 3.5%

Medellin

$94 5.7% 16.2% $13

Sport & Entertainment

Hope

$68 2.9%

Medellin

$58 3.5% 15% $10

Cost Breakdown

A central one-bedroom costs $1,311 in Hope versus $1,208 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Hope are about 4.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $51 in Hope versus $47 in Medellin. Monthly groceries follow the same trend: $434 vs $297 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇦 Hope

🇨🇴 Medellin

🕒 Local time

18:06 6:06 PM

20:06 8:06 PM

2 h ahead of Hope

🌤 Weather

👥 Population

6,200

2,486,723

💱 Currency

Canadian Dollar CAD $

Colombian Peso COP $

📈 Exchange rate

1 CAD = 0.715 USD

1 CAD = 0.638 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.76 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 November 3, 2026: 1 USD = 1.4 CAD (1 CAD = 0.715 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

Colombian Peso exchange rates as of November 3, 2026: 1 USD = 3,227 COP (10,000 COP = 3.1 USD). 1 EUR = 3,617 COP (10,000 COP = 2.76 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Hope Medellin 6,420 km ≈ 9 h nonstop flight

From you

Hope
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

Hope vs Medellin: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,303 in Hope, $1,639 in Medellin – Medellin comes out roughly 29% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,454 per month in Hope and $2,459 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,311 in Hope and $1,208 in Medellin. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

A mid-range dinner for two costs $51 in Hope and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,303 in Hope and $1,639 in Medellin. That makes Medellin about 29% cheaper.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,639 in Medellin to $2,303 in Hope. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Medellin. If higher salaries or specific career opportunities are the priority, Hope makes more sense. Both are solid long-term options with distinct trade-offs.