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: $2,524 in Labrador City versus $1,018 in Medellin.

Estimated couple costs with rent: $3,657 in Labrador City versus $1,609 in Medellin.

Monthly costs for a family of three with rent: $4,790 in Labrador City versus $2,200 in Medellin.

Living in Labrador City is roughly 148% more expensive than in Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Labrador City is 89% above, Medellin is 24% below.

Meal at Budget Restaurant

$31.39 CA$44.28

$5.93 COP 19.1K

429.34%

Three-Course Dinner for Two, Mid-Range

$73.6 CA$104

$33.12 COP 106.4K

122.22%

Fast Food Meal (McDonalds, etc)

$13.67 CA$19.29

$7.12 COP 22.9K

91.99%

Cappuccino

$3.84 CA$5.42

$1.71 COP 5,480

124.56%

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

$4.34 CA$6.12

$1.05 COP 3,370

313.33%

Water (0.33 liter bottle)

$2.24 CA$3.16

$0.72 COP 2,321

211.11%

Local Beer (0.5 liter draught)

$5.54 CA$7.82

$1.72 COP 5,524

222.09%

Imported Beer (0.33 liter bottle)

$5.82 CA$8.21

$3.17 COP 10.2K

83.60%

Milk (1 liter)

$2.19 CA$3.09

$1.06 COP 3,422

106.60%

White Bread (500g)

$2.72 CA$3.84

$1.31 COP 4,209

107.63%

Rice (white) (1kg)

$3.49 CA$4.92

$1.33 COP 4,273

162.41%

Eggs

$3.04 CA$4.29

$2.28 COP 7,328

33.33%

Local Cheese (1kg)

$11.06 CA$15.59

$4.42 COP 14.2K

150.23%

Chicken Fillets (1kg)

$11.63 CA$16.40

$5.92 COP 19.0K

96.45%

Beef Round Steak (1kg)

$14.92 CA$21.04

$8.64 COP 27.8K

72.69%

Apples (1kg)

$4.11 CA$5.79

$2.34 COP 7,535

75.64%

Banana (1kg)

$1.42 CA$2.00

$1.10 COP 3,541

29.09%

Oranges (1kg)

$3.75 CA$5.29

$1.47 COP 4,718

155.10%

Tomato (1kg)

$3.84 CA$5.41

$1.38 COP 4,433

178.26%

Potato (1kg)

$2.51 CA$3.54

$1.17 COP 3,769

114.53%

Onion (1kg)

$2.48 CA$3.49

$1.17 COP 3,760

111.97%

Lettuce (1 head)

$2.50 CA$3.52

$0.90 COP 2,902

177.78%

Water (1.5 liter bottle)

$1.79 CA$2.52

$0.84 COP 2,704

113.10%

Cigarettes 20 Pack (Marlboro, Camel)

$14.21 CA$20.05

$2.33 COP 7,480

509.87%

Wine (Bottle)

$11.72 CA$16.53

$11.92 COP 38.3K

-1.68%

Local Beer (0.5 liter bottle)

$2.83 CA$3.99

$1.15 COP 3,688

146.09%

Imported Beer (0.33 liter bottle)

$3.03 CA$4.28

$2.42 COP 7,780

25.21%

One-way Ticket (Public Transport)

$2.39 CA$3.37

$0.84 COP 2,698

184.52%

Public Transport Monthly Pass (Regular Price)

$62.8 CA$88.6

$40.83 COP 131.2K

53.78%

Taxi Start (Normal Tariff)

$3.21 CA$4.53

$1.41 COP 4,535

127.66%

Taxi (Normal Tariff) (1km)

$1.44 CA$2.03

$1.91 COP 6,152

-24.61%

Taxi 1hour Waiting (Normal Tariff)

$26.12 CA$36.84

$7.83 COP 25.1K

233.59%

Gasoline (1 liter)

$1.12 CA$1.58

$0.94 COP 3,033

19.15%

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

$25.1K CA$35.3K

$17.8K COP 57.3M

40.63%

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

$20.8K CA$29.3K

$27.1K COP 87.0M

-23.31%

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

$143 CA$202

$83.3 COP 267.5K

71.67%

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

$44.47 CA$62.7

$9.66 COP 31.0K

360.35%

Internet (50+ Mbps, Unlimited Data)

$98.6 CA$139

$24.22 COP 77.8K

306.94%

Gym Membership (Monthly)

$42.28 CA$59.6

$25.22 COP 81.1K

67.64%

Tennis Court (1 Hour on Weekend)

$19.33 COP 62.1K

Cinema Ticket

$11.46 CA$16.17

$4.07 COP 13.1K

181.57%

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

$729 CA$1,029

$307 COP 985.2K

137.86%

International Primary School, 1 Child (Yearly)

$11.9K CA$16.7K

$5,981 COP 19.2M

98.30%

Jeans (Levis 501 Or Similar)

$54.7 CA$77.2

$60.0 COP 192.6K

-8.77%

Summer Dress (H&M, Zara, etc)

$40.29 CA$56.8

$32.65 COP 104.9K

23.40%

Sport Shoes (Adidas, Nike)

$85.5 CA$121

$101 COP 324.8K

-15.40%

Men's Leather Business Shoes

$106 CA$150

$108 COP 347.2K

-1.64%

1-bedroom Apartment, City Center (Monthly)

$1,313 CA$1,851

$476 COP 1.5M

175.75%

1-bedroom Apartment, Outside City Center (Monthly)

$1,166 CA$1,645

$379 COP 1.2M

207.87%

3-bedroom Apartment, City Center (Monthly)

$1,977 CA$2,788

$816 COP 2.6M

142.11%

3-bedroom Apartment, Outside City Center (Monthly)

$1,787 CA$2,521

$707 COP 2.3M

152.67%

Buy Apartment in City Center (m2)

$4,226 CA$5,960

$3,190 COP 10.2M

32.48%

Buy Apartment Outside City Center (m2)

$3,935 CA$5,550

$1,446 COP 4.6M

172.03%

Average Monthly Net Salary (After Tax)

$3,311 CA$4,670

$622 COP 2.0M

432.48%

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: July 22, 2026

Last update for Medellin: July 20, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,313 in Labrador City and $476 in Medellin. Housing cost is often the main lever when comparing two cities.

Labrador City pays 432% 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: $74.0 in Labrador City vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $362 vs $192 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 148% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 432% higher in Labrador City, 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: $1,313 in Labrador City versus $476 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 $74.0 in Labrador City. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,524 per month in Labrador City versus $1,018 in Medellin – a 148% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,018 in Medellin versus $2,524 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 148% less than in Labrador City. Beyond cost, consider language, visa policies, and how big the international community is in each city.