Cost of Living Comparison Between Medellin and Banff Cost of Living Comparison Between Medellin and Banff

🙂 Solo nomad: Medellin is 48.6% cheaper than Banff without rent, and 56% cheaper with rent.

🙂 Family of 3: Medellin is 52.5% cheaper than Banff without rent, and 65.5% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$22.02 CA$29.98

-71.71%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$74 CA$101

-56.32%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$10.12 CA$13.78

-26.98%

Cappuccino

$1.72 COP 7,155

$4.42 CA$6.02

-61.09%

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

$1.1 COP 4,575

$1.69 CA$2.3

-34.91%

Water (0.33 liter bottle)

$0.73 COP 3,060

$1.94 CA$2.65

-62.37%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$5.63 CA$7.66

-70.52%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$8.86 CA$12.06

-63.88%

Milk (1 liter)

$1.09 COP 4,552

$2.21 CA$3

-50.68%

White Bread (500g)

$1.24 COP 5,188

$2.32 CA$3.16

-46.55%

Rice (white) (1kg)

$1.33 COP 5,544

$5.96 CA$8.11

-77.68%

Eggs

$2.22 COP 9,252

$3.83 CA$5.22

-42.04%

Local Cheese (1kg)

$4.55 COP 19K

$12.54 CA$17.08

-63.72%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$14.4 CA$19.6

-60.35%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$12.49 CA$17

-31.22%

Apples (1kg)

$2.26 COP 9,410

$4.28 CA$5.82

-47.20%

Banana (1kg)

$1.07 COP 4,461

$1.57 CA$2.13

-31.85%

Oranges (1kg)

$1.51 COP 6,293

$4.97 CA$6.77

-69.62%

Tomato (1kg)

$1.42 COP 5,911

$5.1 CA$6.94

-72.16%

Potato (1kg)

$1.11 COP 4,619

$2.92 CA$3.98

-61.99%

Onion (1kg)

$1.18 COP 4,932

$3.21 CA$4.37

-63.24%

Lettuce (1 head)

$0.89 COP 3,718

$3.54 CA$4.82

-74.86%

Water (1.5 liter bottle)

$0.84 COP 3,507

$2.79 CA$3.8

-69.89%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$14.77 CA$20.1

-84.09%

Wine (Bottle)

$9.34 COP 38.9K

$16.41 CA$22.34

-43.08%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$5.05 CA$6.87

-76.63%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.01 CA$4.1

-17.28%

One-way Ticket (Public Transport)

$0.83 COP 3,464

$1.45 CA$1.98

-42.76%

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

$21.76 CA$29.61

92.56%

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$5.58 CA$7.6

-74.73%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$3.17 CA$4.32

-38.17%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$19.19 CA$26.12

-59.09%

Gasoline (1 liter)

$1.02 COP 4,265

$1.01 CA$1.37

0.99%

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

$17.6K COP 73.4M

$24.6K CA$33.5K

-28.40%

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

$26.2K COP 109.2M

$21K CA$28.5K

24.98%

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

$82.5 COP 344.1K

$203 CA$277

-59.42%

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

$9.44 COP 39.4K

$57.4 CA$78.1

-83.54%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$69.4 CA$94.4

-66.11%

Gym Membership (Monthly)

$25.68 COP 107.1K

$77.6 CA$106

-66.89%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

$36.23 CA$49.32

-47.17%

Cinema Ticket

$3.96 COP 16.5K

$8.8 CA$11.98

-55.00%

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

$305 COP 1.3M

$871 CA$1,185

-65.00%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$11.6K CA$15.7K

-48.71%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$43.5 CA$59.2

33.10%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$46.2 CA$62.9

-31.62%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$92.6 CA$126

11.38%

Men's Leather Business Shoes

$106 COP 440.5K

$111 CA$151

-4.66%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

$897 CA$1,221

-45.44%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

$876 CA$1,193

-56.75%

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

$1,310 CA$1,783

-36.85%

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

$3,143 CA$4,278

-76.80%

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

$5,492 CA$7,476

-60.13%

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

$4,437 CA$6,040

-65.47%

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

$2,279 CA$3,102

-75.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

6.62

102.87%

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

Last update for Medellin: October 28, 2025

Last update for Banff: October 28, 2025

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