Cost of Living Comparison Between Medellin and Montreal Cost of Living Comparison Between Medellin and Montreal

Monthly Cost of Living

A single person spends $1,641 per month in Medellin vs $2,108 in Montreal, rent included.

A couple spends around $2,447 per month in Medellin vs $3,226 in Montreal, rent included.

A family of three spends $3,253 per month in Medellin vs $4,344 in Montreal, rent included.

Medellin is about 22% cheaper than Montreal, driven mainly by Eating Out.

Both Medellin and Montreal sit above the global median – Medellin by 19%, Montreal by 53%.

Meal at Budget Restaurant

$8.04 COP 24.8K

$17.83 CA$24.73

-54.91%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.6K

$73.6 CA$102

-34.36%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

$10.81 CA$15.00

-12.86%

Cappuccino

$2.94 COP 9,040

$3.92 CA$5.44

-25.00%

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

$1.86 COP 5,735

$2.04 CA$2.84

-8.82%

Water (0.33 liter bottle)

$1.46 COP 4,479

$1.52 CA$2.11

-3.95%

Local Beer (0.5 liter draught)

$3.21 COP 9,882

$6.59 CA$9.14

-51.29%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$7.14 CA$9.90

-20.03%

Milk (1 liter)

$1.44 COP 4,428

$2.37 CA$3.28

-39.24%

White Bread (500g)

$2.40 COP 7,389

$3.23 CA$4.48

-25.70%

Rice (white) (1kg)

$1.70 COP 5,228

$2.95 CA$4.10

-42.37%

Eggs

$2.89 COP 8,896

$3.69 CA$5.12

-21.68%

Local Cheese (1kg)

$10.06 COP 30.9K

$13.65 CA$18.93

-26.30%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$11.94 CA$16.56

-16.50%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$14.07 CA$19.52

0.92%

Apples (1kg)

$3.98 COP 12.3K

$3.61 CA$5.01

10.25%

Banana (1kg)

$1.58 COP 4,878

$1.55 CA$2.15

1.94%

Oranges (1kg)

$2.15 COP 6,624

$3.29 CA$4.56

-34.65%

Tomato (1kg)

$2.30 COP 7,078

$3.07 CA$4.26

-25.08%

Potato (1kg)

$2.00 COP 6,169

$2.00 CA$2.78

Onion (1kg)

$1.51 COP 4,646

$1.90 CA$2.64

-20.53%

Lettuce (1 head)

$1.20 COP 3,701

$2.64 CA$3.66

-54.55%

Water (1.5 liter bottle)

$1.28 COP 3,946

$1.39 CA$1.93

-7.91%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$11.80 CA$16.36

-67.46%

Wine (Bottle)

$14.01 COP 43.1K

$10.80 CA$14.98

29.72%

Local Beer (0.5 liter bottle)

$1.71 COP 5,256

$2.37 CA$3.29

-27.85%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,440

$2.90 CA$4.02

-5.52%

One-way Ticket (Public Transport)

$1.25 COP 3,834

$2.74 CA$3.79

-54.38%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

$77.1 CA$107

1.05%

Taxi Start (Normal Tariff)

$1.31 COP 4,016

$3.31 CA$4.59

-60.42%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

$1.46 CA$2.02

48.63%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

$32.98 CA$45.74

-74.86%

Gasoline (1 liter)

$1.36 COP 4,172

$1.31 CA$1.82

3.82%

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

$27.5K COP 84.5M

$28.7K CA$39.8K

-4.37%

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

$36.5K COP 112.4M

$20.4K CA$28.4K

78.69%

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

$169 COP 519.2K

$79.9 CA$111

111.22%

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

$13.57 COP 41.8K

$34.79 CA$48.25

-60.99%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$42.55 CA$59.0

-33.44%

Gym Membership (Monthly)

$45.71 COP 140.7K

$29.20 CA$40.50

56.54%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

$20.33 CA$28.20

-15.30%

Cinema Ticket

$6.65 COP 20.5K

$11.48 CA$15.93

-42.07%

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

$803 COP 2.5M

$565 CA$784

42.11%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$16.6K CA$23.0K

-44.56%

Jeans (Levis 501 Or Similar)

$87.4 COP 268.8K

$60.2 CA$83.5

45.14%

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.7K

$41.87 CA$58.1

41.80%

Sport Shoes (Adidas, Nike)

$139 COP 427.5K

$104 CA$144

33.61%

Men's Leather Business Shoes

$102 COP 314.0K

$113 CA$156

-9.34%

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

$1,294 CA$1,795

-17.27%

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

$1,014 CA$1,407

-35.62%

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

$2,271 CA$3,149

-15.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

$1,683 CA$2,334

-37.75%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

$5,156 CA$7,151

-20.04%

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

$3,842 CA$5,328

-55.82%

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$3,032 CA$4,205

-78.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.44

146.40%

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

Last update for Medellin: September 7, 2026

Last update for Montreal: September 6, 2026

Cost Breakdown

A central one-bedroom costs $1,071 in Medellin versus $1,294 in Montreal. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 363% higher in Montreal, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Medellin versus $74.0 in Montreal. Monthly groceries follow the same trend: $300 vs $358 – making Medellin the more affordable choice for daily food spending.

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 Montreal: Cost of Living - Frequently Asked Questions

Yes – Montreal is pricier by about 28%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,462 per month in Medellin and $3,163 in Montreal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $48.00 in Medellin and $74.0 in Montreal. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,641 in Medellin and $2,108 in Montreal. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,641, than in Montreal at $2,108. In Medellin it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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