Last update: Nov 2026

Cost of Living Comparison Between Medellin and Labrador City

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.

80

Cost of Living Index in Medellin
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Medellin Living Index
115

Cost of Living Index in Labrador City
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Labrador City Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Labrador City

🇨🇦 Canada

$2,397

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Labrador City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Labrador City actually costs, broken down by who's living it.

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

Medellin $1,692
Labrador City $2,397

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

Medellin $2,471
Labrador City $3,476

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

Medellin $3,249
Labrador City $4,554

Living in Medellin costs roughly 29% less than in Labrador City, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$8.34 COP 26.9K

$30.76 CA$43.25

-72.89%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.3K

$71.6 CA$101

-35.05%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.6K

$13.23 CA$18.60

-28.42%

Cappuccino

$3.13 COP 10.1K

$3.60 CA$5.06

-13.06%

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

$1.77 COP 5,704

$1.98 CA$2.79

-10.61%

Water (0.33 liter bottle)

$1.42 COP 4,600

$2.19 CA$3.08

-35.16%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$5.02 CA$7.06

-37.25%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

$5.55 CA$7.80

2.70%

Milk (1 liter)

$1.53 COP 4,949

$2.04 CA$2.87

-25.00%

White Bread (500g)

$2.29 COP 7,399

$2.49 CA$3.50

-8.03%

Rice (white) (1kg)

$1.94 COP 6,281

$3.52 CA$4.96

-44.89%

Eggs

$3.07 COP 9,902

$2.94 CA$4.13

4.42%

Local Cheese (1kg)

$9.99 COP 32.3K

$9.99 CA$14.05

Chicken Fillets (1kg)

$10.45 COP 33.7K

$11.40 CA$16.03

-8.33%

Beef Round Steak (1kg)

$13.96 COP 45.1K

$14.44 CA$20.30

-3.32%

Apples (1kg)

$4.05 COP 13.1K

$3.79 CA$5.33

6.86%

Banana (1kg)

$1.53 COP 4,936

$1.36 CA$1.91

12.50%

Oranges (1kg)

$2.10 COP 6,795

$3.67 CA$5.16

-42.78%

Tomato (1kg)

$2.29 COP 7,407

$3.76 CA$5.29

-39.10%

Potato (1kg)

$2.11 COP 6,812

$2.38 CA$3.35

-11.34%

Onion (1kg)

$1.71 COP 5,519

$2.25 CA$3.17

-24.00%

Lettuce (1 head)

$1.17 COP 3,779

$2.49 CA$3.50

-53.01%

Water (1.5 liter bottle)

$1.58 COP 5,102

$1.58 CA$2.22

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

$14.03 CA$19.73

-72.13%

Wine (Bottle)

$14.04 COP 45.4K

$12.80 CA$18.00

9.69%

Local Beer (0.5 liter bottle)

$1.76 COP 5,689

$2.82 CA$3.96

-37.59%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,758

$3.09 CA$4.34

-12.30%

One-way Ticket (Public Transport)

$1.18 COP 3,810

$2.27 CA$3.19

-48.02%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.4K

$63.2 CA$88.9

20.73%

Taxi Start (Normal Tariff)

$1.81 COP 5,835

$2.84 CA$4.00

-36.27%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,876

$1.48 CA$2.09

43.92%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.3K

$23.70 CA$33.33

-65.70%

Gasoline (1 liter)

$1.28 COP 4,118

$1.17 CA$1.65

9.40%

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

$34.4K COP 111.2M

$27.7K CA$39.0K

24.17%

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

$34.1K COP 110.2M

$21.6K CA$30.4K

57.67%

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

$178 COP 573.9K

$135 CA$189

32.08%

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

$13.89 COP 44.8K

$38.74 CA$54.5

-64.15%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.3K

$95.6 CA$134

-67.83%

Gym Membership (Monthly)

$41.94 COP 135.4K

$38.32 CA$53.9

9.45%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.3K

$17.91 CA$25.18

-6.20%

Cinema Ticket

$7.47 COP 24.1K

$10.75 CA$15.12

-30.51%

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

$790 COP 2.6M

$629 CA$885

25.55%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

$13.6K CA$19.1K

-9.50%

Jeans (Levis 501 Or Similar)

$86.3 COP 278.8K

$55.0 CA$77.4

56.95%

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.4K

$39.34 CA$55.3

50.64%

Sport Shoes (Adidas, Nike)

$138 COP 446.7K

$86.1 CA$121

60.67%

Men's Leather Business Shoes

$98.8 COP 319.1K

$104 CA$147

-5.40%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$1,277 CA$1,797

4.97%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$1,127 CA$1,586

-40.83%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$1,978 CA$2,782

-0.12%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$1,710 CA$2,405

-39.60%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

$4,308 CA$6,059

-4.88%

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$3,573 CA$5,025

-45.71%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

$3,425 CA$4,817

-81.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

6.39

71.21%

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

Last update for Medellin: November 2, 2026

Last update for Labrador City: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

Labrador City

$1.1K 47% 69% $460

Groceries & Markets

Medellin

$307 18.2%

Labrador City

$348 14.5% 13.3% $41

Monthly Utilities & Internet

Medellin

$222 13.1%

Labrador City

$269 11.2% 20.9% $47

Eating Out

Medellin

$173 10.2%

Labrador City

$382 15.9% 121% $209

Clothing & Footwear

Medellin

$172 10.2%

Labrador City

$128 5.4% 25.6% $44

Getting Around

Medellin

$93 5.5%

Labrador City

$83 3.4% 11.7% $11

Sport & Entertainment

Medellin

$57 3.4%

Labrador City

$60 2.5% 5.2% $2.9

Cost Breakdown

A one-bedroom apartment in the center runs $1,341 in Medellin and $1,277 in Labrador City. 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: $47 in Medellin vs $72 in Labrador City for a mid-range dinner for two. Groceries echo the gap at $307 vs $348 per month, with Medellin cheaper across the board.

Good to know

🇨🇴 Medellin

🇨🇦 Labrador City

🕒 Local time

10:22 10:22 AM

11:22 11:22 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

7,400

💱 Currency

Colombian Peso COP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

1 CAD = 0.711 USD

1 CAD = 0.633 EUR

Exchange rates and currency converter

CAD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,627 COP (10,000 COP = 2.76 EUR).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 EUR).

USD to COP in detail →

On the map

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Between locations

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

From you

Medellin
Labrador City

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

Medellin vs Labrador City: 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.

On paper, salaries run 81% lower in Medellin. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,341 in Medellin versus $1,277 in Labrador City. 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 $1,692 per month in Medellin versus $2,397 in Labrador City – 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.