Cost of Living Comparison Between Medellin and Peace River, AB Cost of Living Comparison Between Medellin and Peace River, AB

Monthly Cost of Living

A single person spends $1,716 per month in Medellin vs $2,309 in Peace River, AB, rent included.

A couple spends around $2,527 per month in Medellin vs $3,274 in Peace River, AB, rent included.

A family of three spends $3,338 per month in Medellin vs $4,240 in Peace River, AB, rent included.

Medellin is about 26% cheaper than Peace River, AB, driven mainly by Eating Out.

Both Medellin and Peace River, AB sit above the global median – Medellin by 25%, Peace River, AB by 68%.

Meal at Budget Restaurant

$8.03 COP 25.1K

$20.54 CA$28.42

-60.91%

Three-Course Dinner for Two, Mid-Range

$48.26 COP 150.8K

$72.4 CA$100

-33.35%

Fast Food Meal (McDonalds, etc)

$9.77 COP 30.5K

$11.23 CA$15.54

-13.00%

Cappuccino

$2.91 COP 9,095

$3.75 CA$5.19

-22.40%

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

$1.94 COP 6,074

$1.80 CA$2.49

7.78%

Water (0.33 liter bottle)

$1.52 COP 4,754

$1.60 CA$2.21

-5.00%

Local Beer (0.5 liter draught)

$3.09 COP 9,663

$5.03 CA$6.97

-38.57%

Imported Beer (0.33 liter bottle)

$5.74 COP 17.9K

$5.29 CA$7.33

8.51%

Milk (1 liter)

$1.36 COP 4,262

$2.27 CA$3.14

-40.09%

White Bread (500g)

$2.39 COP 7,460

$2.45 CA$3.39

-2.45%

Rice (white) (1kg)

$1.70 COP 5,314

$3.32 CA$4.59

-48.80%

Eggs

$2.87 COP 8,967

$3.84 CA$5.31

-25.26%

Local Cheese (1kg)

$9.94 COP 31.1K

$9.62 CA$13.32

3.33%

Chicken Fillets (1kg)

$10.78 COP 33.7K

$12.64 CA$17.49

-14.72%

Beef Round Steak (1kg)

$14.73 COP 46.0K

$16.88 CA$23.36

-12.74%

Apples (1kg)

$4.09 COP 12.8K

$3.88 CA$5.36

5.41%

Banana (1kg)

$1.57 COP 4,911

$1.49 CA$2.06

5.37%

Oranges (1kg)

$2.13 COP 6,642

$3.67 CA$5.07

-41.96%

Tomato (1kg)

$2.21 COP 6,917

$3.29 CA$4.55

-32.83%

Potato (1kg)

$2.05 COP 6,396

$2.82 CA$3.91

-27.30%

Onion (1kg)

$1.50 COP 4,700

$2.36 CA$3.27

-36.44%

Lettuce (1 head)

$1.19 COP 3,718

$2.15 CA$2.98

-44.65%

Water (1.5 liter bottle)

$1.16 COP 3,619

$1.50 CA$2.08

-22.67%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

$14.85 CA$20.54

-73.74%

Wine (Bottle)

$14.44 COP 45.1K

$14.25 CA$19.72

1.33%

Local Beer (0.5 liter bottle)

$1.58 COP 4,948

$2.32 CA$3.20

-31.90%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,836

$3.42 CA$4.73

-17.25%

One-way Ticket (Public Transport)

$1.17 COP 3,650

$2.16 CA$2.98

-45.83%

Public Transport Monthly Pass (Regular Price)

$77.7 COP 242.9K

$72.4 CA$100

7.35%

Taxi Start (Normal Tariff)

$1.28 COP 4,014

$2.65 CA$3.67

-51.70%

Taxi (Normal Tariff) (1km)

$2.09 COP 6,537

$1.34 CA$1.85

55.97%

Taxi 1hour Waiting (Normal Tariff)

$8.62 COP 26.9K

$21.54 CA$29.80

-59.98%

Gasoline (1 liter)

$1.30 COP 4,056

$1.28 CA$1.78

1.56%

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

$27.7K COP 86.4M

$32.0K CA$44.3K

-13.58%

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

$35.5K COP 110.9M

$21.6K CA$29.9K

64.50%

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

$176 COP 550.1K

$138 CA$191

27.33%

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

$13.37 COP 41.8K

$37.38 CA$51.7

-64.23%

Internet (50+ Mbps, Unlimited Data)

$29.89 COP 93.4K

$57.3 CA$79.3

-47.82%

Gym Membership (Monthly)

$44.76 COP 139.8K

$41.67 CA$57.7

7.42%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.3K

$20.17 CA$27.91

-15.42%

Cinema Ticket

$6.20 COP 19.4K

$10.15 CA$14.04

-38.92%

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

$793 COP 2.5M

$707 CA$979

12.19%

International Primary School, 1 Child (Yearly)

$9,019 COP 28.2M

$12.4K CA$17.1K

-26.99%

Jeans (Levis 501 Or Similar)

$85.6 COP 267.5K

$61.3 CA$84.9

39.57%

Summer Dress (H&M, Zara, etc)

$58.5 COP 182.7K

$42.88 CA$59.3

36.36%

Sport Shoes (Adidas, Nike)

$136 COP 425.9K

$81.9 CA$113

66.50%

Men's Leather Business Shoes

$103 COP 322.2K

$91.7 CA$127

12.39%

1-bedroom Apartment, City Center (Monthly)

$1,060 COP 3.3M

$1,266 CA$1,752

-16.32%

1-bedroom Apartment, Outside City Center (Monthly)

$680 COP 2.1M

$1,141 CA$1,579

-40.45%

3-bedroom Apartment, City Center (Monthly)

$2,012 COP 6.3M

$1,794 CA$2,482

12.17%

3-bedroom Apartment, Outside City Center (Monthly)

$1,169 COP 3.7M

$1,511 CA$2,091

-22.68%

Buy Apartment in City Center (m2)

$4,111 COP 12.8M

$4,619 CA$6,391

-10.99%

Buy Apartment Outside City Center (m2)

$1,701 COP 5.3M

$4,183 CA$5,788

-59.33%

Average Monthly Net Salary (After Tax)

$665 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.68

133.76%

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

Last update for Medellin: August 30, 2026

Last update for Peace River, AB: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,060 in Medellin versus $1,266 in Peace River, AB. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $48.00 in Medellin versus $72.0 in Peace River, AB. Monthly groceries follow the same trend: $303 vs $365 – 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 Peace River, AB: Cost of Living - Frequently Asked Questions

Yes – Peace River, AB is pricier by about 35%, 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 $2,574 per month in Medellin and $3,463 in Peace River, AB. 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 $72.0 in Peace River, AB. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,716 in Medellin and $2,309 in Peace River, AB. 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 $1,716, than in Peace River, AB at $2,309. In Medellin it covers expenses comfortably, while in Peace River, AB 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, better infrastructure, or specific career opportunities are the priority, Peace River, AB makes more sense. Both are solid long-term options with distinct trade-offs.