Last update: Oct 2026

Cost of Living Comparison Between Medellin and Oakville

For one person, living is cheaper in Medellin: $1,625 a month against $2,641 in Oakville, rent and utilities included – about $12,200 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
127

Cost of Living Index in Oakville
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Oakville Living Index

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Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Oakville

🇨🇦 Canada

$2,641

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Oakville

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

A single person spends $1,625 per month in Medellin vs $2,641 in Oakville, rent included.

Medellin $1,625
Oakville $2,641

A couple spends around $2,412 per month in Medellin vs $3,848 in Oakville, rent included.

Medellin $2,412
Oakville $3,848

A family of three spends $3,199 per month in Medellin vs $5,054 in Oakville, rent included.

Medellin $3,199
Oakville $5,054

Medellin is about 38% cheaper than Oakville, and outside of rent the biggest gap is in groceries.

Both Medellin and Oakville sit above the global median – Medellin by 20%, Oakville by 95%.

Meal at Budget Restaurant

$8.30 COP 26.3K

$14.43 CA$20.39

-42.48%

Three-Course Dinner for Two, Mid-Range

$46.91 COP 148.7K

$71.8 CA$102

-34.70%

Fast Food Meal (McDonalds, etc)

$9.24 COP 29.3K

$9.34 CA$13.20

-1.07%

Cappuccino

$3.05 COP 9,676

$3.84 CA$5.42

-20.57%

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

$1.80 COP 5,707

$2.20 CA$3.10

-18.18%

Water (0.33 liter bottle)

$1.38 COP 4,382

$1.74 CA$2.45

-20.69%

Local Beer (0.5 liter draught)

$3.24 COP 10.3K

$5.83 CA$8.24

-44.43%

Imported Beer (0.33 liter bottle)

$5.56 COP 17.6K

$6.48 CA$9.17

-14.20%

Milk (1 liter)

$1.50 COP 4,760

$2.56 CA$3.62

-41.41%

White Bread (500g)

$2.37 COP 7,508

$3.30 CA$4.67

-28.18%

Rice (white) (1kg)

$1.70 COP 5,377

$3.50 CA$4.94

-51.43%

Eggs

$2.96 COP 9,379

$4.18 CA$5.91

-29.19%

Local Cheese (1kg)

$10.22 COP 32.4K

$10.42 CA$14.74

-1.92%

Chicken Fillets (1kg)

$9.74 COP 30.9K

$11.95 CA$16.90

-18.49%

Beef Round Steak (1kg)

$13.90 COP 44.1K

$19.22 CA$27.17

-27.68%

Apples (1kg)

$4.13 COP 13.1K

$3.34 CA$4.72

23.65%

Banana (1kg)

$1.53 COP 4,839

$1.93 CA$2.72

-20.73%

Oranges (1kg)

$2.22 COP 7,052

$3.28 CA$4.64

-32.32%

Tomato (1kg)

$2.27 COP 7,194

$2.93 CA$4.14

-22.53%

Potato (1kg)

$1.99 COP 6,311

$2.34 CA$3.31

-14.96%

Onion (1kg)

$1.67 COP 5,285

$2.60 CA$3.68

-35.77%

Lettuce (1 head)

$1.18 COP 3,742

$2.25 CA$3.18

-47.56%

Water (1.5 liter bottle)

$1.24 COP 3,919

$1.73 CA$2.45

-28.32%

Cigarettes 20 Pack (Marlboro, Camel)

$3.87 COP 12.3K

$14.25 CA$20.14

-72.84%

Wine (Bottle)

$13.78 COP 43.7K

$13.23 CA$18.71

4.16%

Local Beer (0.5 liter bottle)

$1.66 COP 5,256

$3.20 CA$4.52

-48.13%

Imported Beer (0.33 liter bottle)

$2.40 COP 7,615

$2.41 CA$3.41

-0.41%

One-way Ticket (Public Transport)

$1.24 COP 3,944

$2.77 CA$3.92

-55.23%

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

$97.2 CA$137

-19.57%

Taxi Start (Normal Tariff)

$1.28 COP 4,044

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

Gasoline (1 liter)

$1.35 COP 4,288

$1.16 CA$1.64

16.38%

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

$34.8K COP 110.2M

$28.1K CA$39.7K

23.78%

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

$34.7K COP 110.0M

$21.3K CA$30.1K

62.96%

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

$167 COP 528.4K

$91.0 CA$129

83.21%

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

$13.62 COP 43.2K

$28.41 CA$40.16

-52.06%

Internet (50+ Mbps, Unlimited Data)

$29.12 COP 92.3K

$45.95 CA$65.0

-36.63%

Gym Membership (Monthly)

$45.09 COP 143.0K

$42.03 CA$59.4

7.28%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

Cinema Ticket

$6.97 COP 22.1K

$9.76 CA$13.80

-28.59%

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

$790 COP 2.5M

$1,154 CA$1,632

-31.56%

International Primary School, 1 Child (Yearly)

$9,041 COP 28.7M

$16.6K CA$23.5K

-45.68%

Jeans (Levis 501 Or Similar)

$87.8 COP 278.4K

$68.2 CA$96.3

28.83%

Summer Dress (H&M, Zara, etc)

$58.2 COP 184.4K

$93.2 CA$132

-37.62%

Sport Shoes (Adidas, Nike)

$139 COP 440.7K

$128 CA$181

8.76%

Men's Leather Business Shoes

$98.9 COP 313.5K

$107 CA$152

-7.91%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$1,859 CA$2,628

-44.69%

1-bedroom Apartment, Outside City Center (Monthly)

$620 COP 2.0M

$1,497 CA$2,116

-58.62%

3-bedroom Apartment, City Center (Monthly)

$1,881 COP 6.0M

$3,590 CA$5,075

-47.61%

3-bedroom Apartment, Outside City Center (Monthly)

$1,008 COP 3.2M

$2,384 CA$3,371

-57.74%

Buy Apartment in City Center (m2)

$3,988 COP 12.6M

$4,866 CA$6,879

-18.04%

Buy Apartment Outside City Center (m2)

$1,702 COP 5.4M

$6,100 CA$8,623

-72.10%

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

$3,090 CA$4,369

-78.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

5.26

107.98%

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

Last update for Medellin: October 19, 2026

Last update for Oakville: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$619 38.1%

Oakville

$1.5K 56.7% 142% $878

Groceries & Markets

Medellin

$298 18.3%

Oakville

$383 14.5% 28.7% $85

Monthly Utilities & Internet

Medellin

$209 12.9%

Oakville

$165 6.3% 21.1% $44

Clothing & Footwear

Medellin

$173 10.6%

Oakville

$178 6.8% 3.3% $5.7

Eating Out

Medellin

$171 10.5%

Oakville

$247 9.4% 44.8% $76

Getting Around

Medellin

$95 5.9%

Oakville

$108 * 4.1% 13.8% $13

Sport & Entertainment

Medellin

$59 3.6%

Oakville

$62 2.3% 4.3% $2.5

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $1,859 in Oakville. 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 366% higher in Oakville, 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 $47.00 in Medellin versus $72.0 in Oakville. Monthly groceries follow the same trend: $298 vs $383 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇨🇦 Oakville

🕒 Local time

11:12 11:12 AM

12:12 12:12 PM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

193,832

💱 Currency

Colombian Peso COP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 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 October 20, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Canadian Dollar exchange rates as of October 20, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Oakville 4,150 km ≈ 6 h nonstop flight

From you

Medellin
Oakville

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 Oakville: Cost of Living - Frequently Asked Questions

Yes – Oakville is pricier by about 63%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,437 per month in Medellin and $3,962 in Oakville. 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 $47.00 in Medellin and $72.0 in Oakville. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,625 in Medellin and $2,641 in Oakville. That's a gap of about 63%.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in Oakville at $2,641. In Medellin it covers expenses comfortably, while in Oakville 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, Oakville makes more sense. Both are solid long-term options with distinct trade-offs.