Last update: Nov 2026

Cost of Living Comparison Between Labrador City and Medellin

For one person, living is cheaper in Medellin: $1,692 a month against $2,397 in Labrador City, rent and utilities included – about $8,500 less a year. Rent and utilities account for most of the difference.

115

Cost of Living Index in Labrador City
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Labrador City Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Labrador City

🇨🇦 Canada

$2,397

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,397 in Labrador City versus $1,692 in Medellin.

Labrador City $2,397
Medellin $1,692

Estimated couple costs with rent: $3,476 in Labrador City versus $2,471 in Medellin.

Labrador City $3,476
Medellin $2,471

Monthly costs for a family of three with rent: $4,554 in Labrador City versus $3,249 in Medellin.

Labrador City $4,554
Medellin $3,249

Living in Labrador City is roughly 42% more expensive than in Medellin, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Labrador City 77% above, Medellin 25% above.

Meal at Budget Restaurant

$30.76 CA$42.93

$8.34 COP 26.8K

268.82%

Three-Course Dinner for Two, Mid-Range

$71.6 CA$100

$46.53 COP 149.7K

53.97%

Fast Food Meal (McDonalds, etc)

$13.23 CA$18.46

$9.47 COP 30.5K

39.70%

Cappuccino

$3.60 CA$5.02

$3.13 COP 10.1K

15.02%

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

$1.98 CA$2.77

$1.77 COP 5,681

11.86%

Water (0.33 liter bottle)

$2.19 CA$3.06

$1.42 COP 4,582

54.23%

Local Beer (0.5 liter draught)

$5.02 CA$7.01

$3.15 COP 10.1K

59.37%

Imported Beer (0.33 liter bottle)

$5.55 CA$7.74

$5.70 COP 18.3K

-2.63%

Milk (1 liter)

$2.04 CA$2.85

$1.53 COP 4,930

33.33%

White Bread (500g)

$2.49 CA$3.47

$2.29 COP 7,370

8.73%

Rice (white) (1kg)

$3.52 CA$4.92

$1.94 COP 6,257

81.44%

Eggs

$2.94 CA$4.10

$3.07 COP 9,864

-4.23%

Local Cheese (1kg)

$9.99 CA$13.94

$9.99 COP 32.1K

Chicken Fillets (1kg)

$11.40 CA$15.91

$10.45 COP 33.6K

9.09%

Beef Round Steak (1kg)

$14.44 CA$20.15

$13.96 COP 44.9K

3.44%

Apples (1kg)

$3.79 CA$5.29

$4.05 COP 13.0K

-6.42%

Banana (1kg)

$1.36 CA$1.89

$1.53 COP 4,916

-11.11%

Oranges (1kg)

$3.67 CA$5.13

$2.10 COP 6,769

74.76%

Tomato (1kg)

$3.76 CA$5.26

$2.29 COP 7,378

64.19%

Potato (1kg)

$2.38 CA$3.32

$2.11 COP 6,785

12.80%

Onion (1kg)

$2.25 CA$3.14

$1.71 COP 5,498

31.58%

Lettuce (1 head)

$2.49 CA$3.47

$1.17 COP 3,764

112.82%

Water (1.5 liter bottle)

$1.58 CA$2.20

$1.58 COP 5,083

Cigarettes 20 Pack (Marlboro, Camel)

$14.03 CA$19.59

$3.91 COP 12.6K

258.82%

Wine (Bottle)

$12.80 CA$17.86

$14.04 COP 45.2K

-8.83%

Local Beer (0.5 liter bottle)

$2.82 CA$3.93

$1.76 COP 5,667

60.23%

Imported Beer (0.33 liter bottle)

$3.09 CA$4.31

$2.71 COP 8,724

14.02%

One-way Ticket (Public Transport)

$2.27 CA$3.17

$1.18 COP 3,795

92.37%

Public Transport Monthly Pass (Regular Price)

$63.2 CA$88.2

$76.3 COP 245.4K

-17.17%

Taxi Start (Normal Tariff)

$2.84 CA$3.97

$1.81 COP 5,812

56.91%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.07

$2.13 COP 6,849

-30.52%

Taxi 1hour Waiting (Normal Tariff)

$23.70 CA$33.08

$8.13 COP 26.2K

191.51%

Gasoline (1 liter)

$1.17 CA$1.64

$1.28 COP 4,102

-8.59%

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

$27.7K CA$38.7K

$34.4K COP 110.8M

-19.46%

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

$21.6K CA$30.2K

$34.1K COP 109.8M

-36.58%

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

$135 CA$188

$178 COP 571.7K

-24.29%

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

$38.74 CA$54.1

$13.89 COP 44.7K

178.91%

Internet (50+ Mbps, Unlimited Data)

$95.6 CA$133

$30.74 COP 98.9K

210.87%

Gym Membership (Monthly)

$38.32 CA$53.5

$41.94 COP 134.9K

-8.63%

Tennis Court (1 Hour on Weekend)

$17.91 CA$25.00

$16.80 COP 54.0K

6.61%

Cinema Ticket

$10.75 CA$15.00

$7.47 COP 24.0K

43.91%

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

$629 CA$878

$790 COP 2.5M

-20.35%

International Primary School, 1 Child (Yearly)

$13.6K CA$19.0K

$12.3K COP 39.6M

10.50%

Jeans (Levis 501 Or Similar)

$55.0 CA$76.8

$86.3 COP 277.7K

-36.29%

Summer Dress (H&M, Zara, etc)

$39.34 CA$54.9

$59.3 COP 190.6K

-33.61%

Sport Shoes (Adidas, Nike)

$86.1 CA$120

$138 COP 445.0K

-37.76%

Men's Leather Business Shoes

$104 CA$146

$98.8 COP 317.8K

5.71%

1-bedroom Apartment, City Center (Monthly)

$1,277 CA$1,783

$1,341 COP 4.3M

-4.74%

1-bedroom Apartment, Outside City Center (Monthly)

$1,127 CA$1,574

$667 COP 2.1M

68.99%

3-bedroom Apartment, City Center (Monthly)

$1,978 CA$2,761

$1,976 COP 6.4M

0.12%

3-bedroom Apartment, Outside City Center (Monthly)

$1,710 CA$2,387

$1,033 COP 3.3M

65.57%

Buy Apartment in City Center (m2)

$4,308 CA$6,014

$4,098 COP 13.2M

5.13%

Buy Apartment Outside City Center (m2)

$3,573 CA$4,988

$1,940 COP 6.2M

84.20%

Average Monthly Net Salary (After Tax)

$3,425 CA$4,781

$646 COP 2.1M

430.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

10.94

-41.59%

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

Last update for Labrador City: November 1, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Labrador City

$1.1K 47%

Medellin

$667 39.4% 40.8% $460

Eating Out

Labrador City

$382 15.9%

Medellin

$173 10.2% 54.8% $209

Groceries & Markets

Labrador City

$348 14.5%

Medellin

$307 18.2% 11.8% $41

Monthly Utilities & Internet

Labrador City

$269 11.2%

Medellin

$222 13.1% 17.3% $47

Clothing & Footwear

Labrador City

$128 5.4%

Medellin

$172 10.2% 34.3% $44

Getting Around

Labrador City

$83 3.4%

Medellin

$93 5.5% 13.2% $11

Sport & Entertainment

Labrador City

$60 2.5%

Medellin

$57 3.4% 4.9% $2.9

Cost Breakdown

A one-bedroom apartment in the center runs $1,277 in Labrador City and $1,341 in Medellin. Housing cost is often the main lever when comparing two cities.

Labrador City pays about 5.3 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Labrador City vs $47 in Medellin for a mid-range dinner for two. Groceries echo the gap at $348 vs $307 per month, with Medellin cheaper across the board.

Good to know

🇨🇦 Labrador City

🇨🇴 Medellin

🕒 Local time

20:34 8:34 PM

19:34 7:34 PM

1 h behind Labrador City

🌤 Weather

👥 Population

7,400

2,486,723

💱 Currency

Canadian Dollar CAD $

Colombian Peso COP $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

10,000 COP = 3.11 USD

10,000 COP = 2.77 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 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,217 COP (10,000 COP = 3.11 USD). 1 EUR = 3,611 COP (10,000 COP = 2.77 EUR).

USD to CAD in detail →

On the map

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Between locations

Labrador City Medellin 5,250 km ≈ 7 h nonstop flight

From you

Labrador City
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

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

Medellin is about 29% cheaper overall, especially in eating out, utilities, and groceries. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Labrador City is about 5.3 times higher, 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: $1,277 in Labrador City versus $1,341 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 $47 versus $72 in Labrador City. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,397 per month in Labrador City versus $1,692 in Medellin – Medellin is about 29% cheaper, which adds up to real savings over time.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Medellin wins on affordability, Labrador City on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.