Last update: Nov 2026

Cost of Living Comparison Between Medellin and Newmarket, ON

For one person, living is cheaper in Medellin: $1,692 a month against $2,563 in Newmarket, ON, rent and utilities included – about $10,500 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
121

Cost of Living Index in Newmarket, ON
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Newmarket, ON Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Newmarket, ON

🇨🇦 Canada

$2,563

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Newmarket, ON

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 Newmarket, ON actually costs, broken down by who's living it.

A single person spends $1,692 per month in Medellin vs $2,563 in Newmarket, ON, rent included.

Medellin $1,692
Newmarket, ON $2,563

A couple spends around $2,471 per month in Medellin vs $3,605 in Newmarket, ON, rent included.

Medellin $2,471
Newmarket, ON $3,605

A family of three spends $3,249 per month in Medellin vs $4,648 in Newmarket, ON, rent included.

Medellin $3,249
Newmarket, ON $4,648

Medellin is about 34% cheaper than Newmarket, ON, and outside of rent the biggest gap is in eating out.

Both Medellin and Newmarket, ON sit above the global median – Medellin by 25%, Newmarket, ON by 90%.

Meal at Budget Restaurant

$8.34 COP 27.0K

$14.06 CA$19.70

-40.68%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.9K

$63.1 CA$88.4

-26.25%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.7K

$8.61 CA$12.05

9.99%

Cappuccino

$3.13 COP 10.2K

$3.51 CA$4.91

-10.83%

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

$1.77 COP 5,728

$1.74 CA$2.44

1.72%

Water (0.33 liter bottle)

$1.42 COP 4,620

$1.31 CA$1.84

8.40%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$4.86 CA$6.81

-35.19%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.5K

$5.91 CA$8.27

-3.55%

Milk (1 liter)

$1.53 COP 4,971

$1.97 CA$2.76

-22.34%

White Bread (500g)

$2.29 COP 7,431

$2.69 CA$3.77

-14.87%

Rice (white) (1kg)

$1.94 COP 6,308

$4.10 CA$5.74

-52.68%

Eggs

$3.07 COP 9,945

$2.93 CA$4.10

4.78%

Local Cheese (1kg)

$9.99 COP 32.4K

$9.55 CA$13.38

4.61%

Chicken Fillets (1kg)

$10.45 COP 33.9K

$11.20 CA$15.69

-6.70%

Beef Round Steak (1kg)

$13.96 COP 45.3K

$8.78 CA$12.29

59.00%

Apples (1kg)

$4.05 COP 13.1K

$4.44 CA$6.21

-8.78%

Banana (1kg)

$1.53 COP 4,957

$1.23 CA$1.72

24.39%

Oranges (1kg)

$2.10 COP 6,825

$2.89 CA$4.05

-27.34%

Tomato (1kg)

$2.29 COP 7,439

$3.70 CA$5.18

-38.11%

Potato (1kg)

$2.11 COP 6,841

$3.50 CA$4.90

-39.71%

Onion (1kg)

$1.71 COP 5,543

$2.67 CA$3.74

-35.96%

Lettuce (1 head)

$1.17 COP 3,795

$2.28 CA$3.19

-48.68%

Water (1.5 liter bottle)

$1.58 COP 5,125

$0.44 CA$0.62

259.09%

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.7K

$14.16 CA$19.83

-72.39%

Wine (Bottle)

$14.04 COP 45.6K

$10.89 CA$15.25

28.93%

Local Beer (0.5 liter bottle)

$1.76 COP 5,714

$3.51 CA$4.92

-49.86%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,796

$3.61 CA$5.06

-24.93%

One-way Ticket (Public Transport)

$1.18 COP 3,826

$3.41 CA$4.78

-65.40%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 247.4K

$120 CA$168

-36.46%

Taxi Start (Normal Tariff)

$1.81 COP 5,860

$2.85 CA$3.99

-36.49%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,906

$1.38 CA$1.94

54.35%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.4K

$19.68 CA$27.56

-58.69%

Gasoline (1 liter)

$1.28 COP 4,136

$1.12 CA$1.57

14.29%

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

$34.4K COP 111.7M

$23.4K CA$32.7K

47.47%

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

$34.1K COP 110.7M

$19.3K CA$27.0K

77.00%

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

$178 COP 576.4K

$97.4 CA$136

82.46%

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

$13.89 COP 45.0K

$38.50 CA$53.9

-63.92%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.7K

$54.7 CA$76.6

-43.76%

Gym Membership (Monthly)

$41.94 COP 136.0K

$40.32 CA$56.5

4.02%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.5K

$21.79 CA$30.52

-22.90%

Cinema Ticket

$7.47 COP 24.2K

$10.57 CA$14.80

-29.33%

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

$790 COP 2.6M

$924 CA$1,295

-14.54%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.9M

$8,052 CA$11.3K

52.72%

Jeans (Levis 501 Or Similar)

$86.3 COP 280.0K

$58.2 CA$81.5

48.43%

Summer Dress (H&M, Zara, etc)

$59.3 COP 192.2K

$33.87 CA$47.44

74.96%

Sport Shoes (Adidas, Nike)

$138 COP 448.7K

$92.0 CA$129

50.34%

Men's Leather Business Shoes

$98.8 COP 320.5K

$83.0 CA$116

19.08%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$1,595 CA$2,234

-15.92%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$1,496 CA$2,096

-55.41%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$2,383 CA$3,338

-17.10%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$2,205 CA$3,088

-53.15%

Buy Apartment in City Center (m2)

$4,098 COP 13.3M

$4,401 CA$6,164

-6.89%

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$4,341 CA$6,080

-55.31%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

$3,074 CA$4,305

-78.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.53

141.50%

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

Last update for Medellin: November 2, 2026

Last update for Newmarket, ON: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

Newmarket, ON

$1.5K 58.4% 124% $829

Groceries & Markets

Medellin

$307 18.2%

Newmarket, ON

$322 12.6% 4.8% $15

Monthly Utilities & Internet

Medellin

$222 13.1%

Newmarket, ON

$191 7.4% 14.3% $32

Eating Out

Medellin

$173 10.2%

Newmarket, ON

$229 8.9% 32.5% $56

Clothing & Footwear

Medellin

$172 10.2%

Newmarket, ON

$120 4.7% 30.2% $52

Getting Around

Medellin

$93 5.5%

Newmarket, ON

$143 5.6% 53.5% $50

Sport & Entertainment

Medellin

$57 3.4%

Newmarket, ON

$61 2.4% 8% $4.6

Cost Breakdown

A central one-bedroom costs $1,341 in Medellin versus $1,595 in Newmarket, ON. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Newmarket, ON are about 4.8 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $47 in Medellin versus $63 in Newmarket, ON. Monthly groceries follow the same trend: $307 vs $322 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇨🇦 Newmarket, ON

🕒 Local time

04:37 4:37 AM

Same time as Medellin

🌤 Weather

👥 Population

2,486,723

87,942

💱 Currency

Colombian Peso COP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 COP = 3.08 USD

10,000 COP = 2.75 EUR

1 CAD = 0.714 USD

1 CAD = 0.637 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 4, 2026: 1 USD = 3,243 COP (10,000 COP = 3.08 USD). 1 EUR = 3,636 COP (10,000 COP = 2.75 EUR).

Canadian Dollar exchange rates as of November 4, 2026: 1 USD = 1.4 CAD (1 CAD = 0.714 USD). 1 EUR = 1.57 CAD (1 CAD = 0.637 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Newmarket, ON 4,220 km ≈ 6 h nonstop flight

From you

Medellin
Newmarket, ON

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 Newmarket, ON: Cost of Living - Frequently Asked Questions

Yes – Newmarket, ON is pricier by about 51%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,538 per month in Medellin and $3,845 in Newmarket, ON. 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: a one-bedroom in the center costs $1,341 there versus $1,595 in Newmarket, ON.

A mid-range dinner for two costs $47 in Medellin and $63 in Newmarket, ON. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,692 in Medellin and $2,563 in Newmarket, ON. That makes Medellin about 34% cheaper.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,692, than in Newmarket, ON at $2,563. In Medellin it covers expenses comfortably, while in Newmarket, ON 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.

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