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: $2,466 in Labrador City versus $1,681 in Medellin.

Estimated couple costs with rent: $3,590 in Labrador City versus $2,445 in Medellin.

Monthly costs for a family of three with rent: $4,714 in Labrador City versus $3,210 in Medellin.

Living in Labrador City is roughly 47% more expensive than in Medellin, driven mainly by Eating Out.

Both cities are pricier than the global median: Labrador City 80% above, Medellin 23% above.

Meal at Budget Restaurant

$31.22 CA$43.68

$8.02 COP 25.0K

289.28%

Three-Course Dinner for Two, Mid-Range

$72.4 CA$101

$47.87 COP 149.4K

51.18%

Fast Food Meal (McDonalds, etc)

$13.37 CA$18.70

$9.89 COP 30.8K

35.19%

Cappuccino

$3.63 CA$5.08

$3.13 COP 9,767

15.97%

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

$4.08 CA$5.71

$1.91 COP 5,954

113.61%

Water (0.33 liter bottle)

$2.31 CA$3.23

$1.51 COP 4,712

52.98%

Local Beer (0.5 liter draught)

$5.41 CA$7.57

$3.12 COP 9,747

73.40%

Imported Beer (0.33 liter bottle)

$5.80 CA$8.12

$5.75 COP 17.9K

0.87%

Milk (1 liter)

$2.09 CA$2.93

$1.44 COP 4,509

45.14%

White Bread (500g)

$2.56 CA$3.58

$2.49 COP 7,759

2.81%

Rice (white) (1kg)

$3.26 CA$4.56

$1.77 COP 5,535

84.18%

Eggs

$2.96 CA$4.14

$2.96 COP 9,235

Local Cheese (1kg)

$9.79 CA$13.69

$10.07 COP 31.4K

-2.78%

Chicken Fillets (1kg)

$10.64 CA$14.88

$10.12 COP 31.6K

5.14%

Beef Round Steak (1kg)

$12.92 CA$18.07

$14.30 COP 44.6K

-9.65%

Apples (1kg)

$3.56 CA$4.97

$4.14 COP 12.9K

-14.01%

Banana (1kg)

$1.32 CA$1.84

$1.61 COP 5,019

-18.01%

Oranges (1kg)

$3.60 CA$5.03

$2.25 COP 7,007

60.00%

Tomato (1kg)

$3.63 CA$5.08

$2.25 COP 7,028

61.33%

Potato (1kg)

$2.65 CA$3.71

$2.04 COP 6,375

29.90%

Onion (1kg)

$2.19 CA$3.06

$1.54 COP 4,790

42.21%

Lettuce (1 head)

$2.40 CA$3.36

$1.17 COP 3,651

105.13%

Water (1.5 liter bottle)

$1.62 CA$2.27

$1.31 COP 4,077

23.66%

Cigarettes 20 Pack (Marlboro, Camel)

$12.76 CA$17.85

$3.90 COP 12.2K

227.18%

Wine (Bottle)

$14.24 CA$19.92

$14.01 COP 43.7K

1.64%

Local Beer (0.5 liter bottle)

$3.09 CA$4.32

$1.74 COP 5,439

77.59%

Imported Beer (0.33 liter bottle)

$3.10 CA$4.34

$2.87 COP 8,956

8.01%

One-way Ticket (Public Transport)

$2.49 CA$3.48

$1.22 COP 3,792

104.10%

Public Transport Monthly Pass (Regular Price)

$63.6 CA$89.0

$80.5 COP 251.1K

-20.97%

Taxi Start (Normal Tariff)

$3.30 CA$4.62

$1.31 COP 4,084

151.91%

Taxi (Normal Tariff) (1km)

$1.28 CA$1.80

$2.19 COP 6,825

-41.55%

Taxi 1hour Waiting (Normal Tariff)

$24.93 CA$34.88

$8.71 COP 27.2K

186.22%

Gasoline (1 liter)

$1.13 CA$1.57

$1.37 COP 4,260

-17.52%

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

$26.7K CA$37.4K

$27.8K COP 86.9M

-3.94%

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

$22.4K CA$31.4K

$35.8K COP 111.6M

-37.34%

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

$139 CA$194

$177 COP 553.2K

-21.62%

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

$39.36 CA$55.1

$13.88 COP 43.3K

183.57%

Internet (50+ Mbps, Unlimited Data)

$93.3 CA$131

$29.72 COP 92.8K

214.00%

Gym Membership (Monthly)

$44.07 CA$61.6

$44.88 COP 140.1K

-1.80%

Tennis Court (1 Hour on Weekend)

$15.89 CA$22.24

$17.12 COP 53.4K

-7.18%

Cinema Ticket

$12.63 CA$17.67

$6.65 COP 20.7K

89.92%

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

$857 CA$1,199

$813 COP 2.5M

5.46%

International Primary School, 1 Child (Yearly)

$11.2K CA$15.7K

$9,187 COP 28.7M

21.94%

Jeans (Levis 501 Or Similar)

$52.4 CA$73.2

$89.5 COP 279.3K

-41.49%

Summer Dress (H&M, Zara, etc)

$35.58 CA$49.77

$59.0 COP 184.0K

-39.66%

Sport Shoes (Adidas, Nike)

$93.5 CA$131

$138 COP 431.2K

-32.35%

Men's Leather Business Shoes

$113 CA$158

$102 COP 318.7K

10.49%

1-bedroom Apartment, City Center (Monthly)

$1,289 CA$1,803

$1,062 COP 3.3M

21.36%

1-bedroom Apartment, Outside City Center (Monthly)

$1,238 CA$1,732

$663 COP 2.1M

86.81%

3-bedroom Apartment, City Center (Monthly)

$1,787 CA$2,499

$1,888 COP 5.9M

-5.38%

3-bedroom Apartment, Outside City Center (Monthly)

$1,756 CA$2,456

$1,027 COP 3.2M

70.93%

Buy Apartment in City Center (m2)

$4,136 CA$5,786

$4,183 COP 13.1M

-1.13%

Buy Apartment Outside City Center (m2)

$3,919 CA$5,482

$1,675 COP 5.2M

134.03%

Average Monthly Net Salary (After Tax)

$3,458 CA$4,838

$678 COP 2.1M

410.27%

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: September 14, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,289 in Labrador City and $1,062 in Medellin. Housing cost is often the main lever when comparing two cities.

Labrador City pays 410% 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: $72.0 in Labrador City vs $48.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $342 vs $305 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, Sport & Entertainment. The 47% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 410% 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: $1,289 in Labrador City versus $1,062 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 $48.00 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 $2,466 per month in Labrador City versus $1,681 in Medellin – a 47% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,681 in Medellin versus $2,466 in Labrador City, a $2,500 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 47% less than in Labrador City. Beyond cost, consider language, visa policies, and how big the international community is in each city.