Cost of Living Comparison Between Labrador City and Medellin Cost of Living Comparison Between Labrador City and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $2,465 in Labrador City versus $1,014 in Medellin.

Estimated couple costs with rent: $3,655 in Labrador City versus $1,596 in Medellin.

Monthly costs for a family of three with rent: $4,844 in Labrador City versus $2,178 in Medellin.

Living in Labrador City is roughly 143% more expensive than Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Labrador City is 83% above, Medellin is 25% below.

Meal at Budget Restaurant

$31.85 CA$43.63

$6.14 COP 22.1K

418.73%

Three-Course Dinner for Two, Mid-Range

$71.5 CA$98.0

$33.05 COP 119.0K

116.46%

Fast Food Meal (McDonalds, etc)

$13.34 CA$18.27

$7.32 COP 26.4K

82.24%

Cappuccino

$3.84 CA$5.26

$1.66 COP 5,973

131.33%

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

$4.30 CA$5.89

$1.10 COP 3,978

290.91%

Water (0.33 liter bottle)

$2.33 CA$3.19

$0.78 COP 2,816

198.72%

Local Beer (0.5 liter draught)

$5.50 CA$7.54

$1.71 COP 6,174

221.64%

Imported Beer (0.33 liter bottle)

$5.95 CA$8.15

$3.17 COP 11.4K

87.70%

Milk (1 liter)

$2.16 CA$2.96

$1.11 COP 4,003

94.59%

White Bread (500g)

$2.74 CA$3.75

$1.31 COP 4,709

109.16%

Rice (white) (1kg)

$3.61 CA$4.95

$1.38 COP 4,969

161.59%

Eggs

$2.99 CA$4.10

$2.22 COP 7,992

34.68%

Local Cheese (1kg)

$11.21 CA$15.36

$4.34 COP 15.6K

158.29%

Chicken Fillets (1kg)

$11.90 CA$16.30

$5.80 COP 20.9K

105.17%

Beef Round Steak (1kg)

$14.86 CA$20.36

$8.98 COP 32.3K

65.48%

Apples (1kg)

$4.09 CA$5.60

$2.26 COP 8,146

80.97%

Banana (1kg)

$1.36 CA$1.86

$1.11 COP 4,014

22.52%

Oranges (1kg)

$3.72 CA$5.10

$1.46 COP 5,273

154.79%

Tomato (1kg)

$3.75 CA$5.13

$1.37 COP 4,918

173.72%

Potato (1kg)

$2.47 CA$3.38

$1.11 COP 4,000

122.52%

Onion (1kg)

$2.58 CA$3.53

$1.16 COP 4,190

122.41%

Lettuce (1 head)

$2.59 CA$3.55

$0.89 COP 3,204

191.01%

Water (1.5 liter bottle)

$1.77 CA$2.42

$0.87 COP 3,117

103.45%

Cigarettes 20 Pack (Marlboro, Camel)

$13.93 CA$19.08

$2.35 COP 8,476

492.77%

Wine (Bottle)

$14.00 CA$19.18

$10.86 COP 39.1K

28.91%

Local Beer (0.5 liter bottle)

$2.90 CA$3.97

$1.20 COP 4,321

141.67%

Imported Beer (0.33 liter bottle)

$3.11 CA$4.26

$2.48 COP 8,927

25.40%

One-way Ticket (Public Transport)

$2.44 CA$3.34

$0.79 COP 2,836

208.86%

Public Transport Monthly Pass (Regular Price)

$62.2 CA$85.3

$40.77 COP 146.8K

52.66%

Taxi Start (Normal Tariff)

$3.23 CA$4.42

$1.42 COP 5,125

127.46%

Taxi (Normal Tariff) (1km)

$1.43 CA$1.96

$1.91 COP 6,885

-25.13%

Taxi 1hour Waiting (Normal Tariff)

$25.45 CA$34.87

$7.65 COP 27.6K

232.68%

Gasoline (1 liter)

$1.12 CA$1.53

$0.97 COP 3,482

15.46%

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

$25.3K CA$34.7K

$18.1K COP 65.2M

39.77%

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

$21.0K CA$28.7K

$26.3K COP 94.8M

-20.33%

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

$144 CA$198

$81.3 COP 292.9K

77.30%

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

$44.55 CA$61.0

$9.63 COP 34.7K

362.62%

Internet (50+ Mbps, Unlimited Data)

$96.2 CA$132

$24.36 COP 87.8K

294.70%

Gym Membership (Monthly)

$41.18 CA$56.4

$26.02 COP 93.7K

58.26%

Tennis Court (1 Hour on Weekend)

$18.92 COP 68.1K

Cinema Ticket

$11.19 CA$15.33

$3.89 COP 14.0K

187.66%

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

$751 CA$1,028

$304 COP 1.1M

146.79%

International Primary School, 1 Child (Yearly)

$12.0K CA$16.5K

$5,902 COP 21.3M

103.59%

Jeans (Levis 501 Or Similar)

$54.1 CA$74.1

$58.7 COP 211.4K

-7.84%

Summer Dress (H&M, Zara, etc)

$39.13 CA$53.6

$32.48 COP 117.0K

20.47%

Sport Shoes (Adidas, Nike)

$85.8 CA$118

$102 COP 366.5K

-15.70%

Men's Leather Business Shoes

$106 CA$145

$108 COP 389.6K

-2.34%

1-bedroom Apartment, City Center (Monthly)

$1,308 CA$1,792

$474 COP 1.7M

175.77%

1-bedroom Apartment, Outside City Center (Monthly)

$1,181 CA$1,619

$371 COP 1.3M

218.64%

3-bedroom Apartment, City Center (Monthly)

$1,991 CA$2,728

$848 COP 3.1M

134.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,828 CA$2,504

$716 COP 2.6M

155.14%

Buy Apartment in City Center (m2)

$3,854 CA$5,281

$2,871 COP 10.3M

34.24%

Buy Apartment Outside City Center (m2)

$3,524 CA$4,828

$1,375 COP 5.0M

156.22%

Average Monthly Net Salary (After Tax)

$3,385 CA$4,638

$542 COP 2.0M

525.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

13.43

-52.42%

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

Last update for Labrador City: April 14, 2026

Last update for Medellin: April 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,308 in Labrador City and $474 in Medellin. Housing cost is often the main lever when comparing two cities.

Labrador City pays 525% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $72 in Labrador City vs $33 in Medellin for a mid-range dinner for two. Groceries echo the gap at $368 vs $190 per month, with Medellin cheaper across the board.

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

Labrador City vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Eating Out, Groceries & Markets, Monthly Utilities & Internet, Getting Around, Sport & Entertainment. The 143% gap adds up to real monthly savings that compound significantly over time.

Labrador City pays 525% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,308 in Labrador City versus $474 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Medellin – a meal for two runs $33.00 versus $72.0 in Labrador City. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,465 per month in Labrador City versus $1,014 in Medellin – a 143% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,014 in Medellin versus $2,465 in Labrador City, a $1,500 budget is realistic in Medellin but tight or insufficient in Labrador City. 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 Labrador City, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Labrador City and Medellin are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 143% less than in Labrador City. Beyond cost, consider language, visa policies, and how big the international community is in each city.