Cost of Living Comparison Between Medellin and Canaries Cost of Living Comparison Between Medellin and Canaries

Monthly Cost of Living

A single person spends $1,017 per month in Medellin vs $188 in Canaries, rent included.

A couple spends around $1,602 per month in Medellin vs $279 in Canaries, rent included.

A family of three spends $2,188 per month in Medellin vs $370 in Canaries, rent included.

Medellin costs about 441% more than Canaries, driven mainly by Groceries & Markets.

Both Medellin and Canaries are more affordable than the global median – Medellin 24% lower, Canaries 86% lower.

Meal at Budget Restaurant

$5.95 COP 20.8K

Three-Course Dinner for Two, Mid-Range

$33.33 COP 116.3K

Fast Food Meal (McDonalds, etc)

$7.23 COP 25.2K

Cappuccino

$1.63 COP 5,687

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

$1.09 COP 3,821

Water (0.33 liter bottle)

$0.73 COP 2,548

Local Beer (0.5 liter draught)

$1.74 COP 6,065

Imported Beer (0.33 liter bottle)

$3.23 COP 11.3K

Milk (1 liter)

$1.05 COP 3,662

White Bread (500g)

$1.29 COP 4,515

Rice (white) (1kg)

$1.32 COP 4,617

Eggs

$2.27 COP 7,927

Local Cheese (1kg)

$4.35 COP 15.2K

Chicken Fillets (1kg)

$5.88 COP 20.5K

Beef Round Steak (1kg)

$8.61 COP 30.0K

Apples (1kg)

$2.25 COP 7,844

Banana (1kg)

$1.07 COP 3,733

Oranges (1kg)

$1.52 COP 5,322

Tomato (1kg)

$1.42 COP 4,964

Potato (1kg)

$1.17 COP 4,084

Onion (1kg)

$1.17 COP 4,077

Lettuce (1 head)

$0.89 COP 3,096

Water (1.5 liter bottle)

$0.90 COP 3,146

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 COP 7,837

Wine (Bottle)

$11.04 COP 38.5K

Local Beer (0.5 liter bottle)

$1.14 COP 3,977

Imported Beer (0.33 liter bottle)

$2.38 COP 8,301

One-way Ticket (Public Transport)

$0.84 COP 2,916

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$1.41 COP 4,912

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

Gasoline (1 liter)

$1.01 COP 3,509

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

$17.6K COP 61.4M

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

$26.5K COP 92.5M

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

$83.7 COP 292.1K

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

$9.45 COP 33.0K

Internet (50+ Mbps, Unlimited Data)

$24.11 COP 84.1K

Gym Membership (Monthly)

$25.31 COP 88.3K

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

Cinema Ticket

$4.10 COP 14.3K

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

$312 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

Jeans (Levis 501 Or Similar)

$58.0 COP 202.6K

Summer Dress (H&M, Zara, etc)

$32.56 COP 113.6K

Sport Shoes (Adidas, Nike)

$99.6 COP 347.7K

Men's Leather Business Shoes

$109 COP 378.8K

1-bedroom Apartment, City Center (Monthly)

$482 COP 1.7M

$186 EC$502

159.21%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.3M

$185 EC$499

105.41%

3-bedroom Apartment, City Center (Monthly)

$837 COP 2.9M

$292 EC$789

186.49%

3-bedroom Apartment, Outside City Center (Monthly)

$723 COP 2.5M

$374 EC$1,011

93.10%

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

$187 EC$506

1416.10%

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

$258 EC$697

373.71%

Average Monthly Net Salary (After Tax)

$541 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Medellin: June 8, 2026

Last update for Canaries: June 9, 2026

Cost Breakdown

A central one-bedroom costs $482 in Medellin versus $186 in Canaries. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

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

Medellin vs Canaries: Cost of Living - Frequently Asked Questions

Medellin costs about 441% more than Canaries, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,525 per month in Medellin and $282 in Canaries. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Canaries, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A $1,000 monthly budget goes further in Canaries, where all-in costs run around $188, than in Medellin at $1,017. In Canaries it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Canaries costs $188 versus $1,017 in Medellin. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Canaries. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.