Last update: Oct 2026

Cost of Living Comparison Between Medellin and Peterborough, Canada

For one person, living is cheaper in Medellin: $1,639 a month against $2,160 in Peterborough, rent and utilities included – about $6,300 less a year. Rent and utilities account for most of the difference.

Medellin, Colombia
Peterborough, Canada
Medellin
🇨🇴 Colombia
$1,639
/mo nomad
Peterborough
🇨🇦 Canada
$2,160
/mo nomad
Monthly Cost of Living

How much you'll spend in Medellin and in Peterborough

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

A single person spends $1,639 per month in Medellin vs $2,160 in Peterborough, rent included.

  • Medellin $1,639
  • Peterborough $2,160

A couple spends around $2,413 per month in Medellin vs $3,020 in Peterborough, rent included.

  • Medellin $2,413
  • Peterborough $3,020

A family of three spends $3,186 per month in Medellin vs $3,879 in Peterborough, rent included.

  • Medellin $3,186
  • Peterborough $3,879

Medellin is about 24% cheaper than Peterborough, and outside of rent the biggest gap is in eating out.

Both Medellin and Peterborough sit above the global median – Medellin by 20%, Peterborough by 59%.

Currency
🍽 Eating Out
Medellin
Peterborough
Difference
Meal at Budget Restaurant
$8.09 COP 25.4K
$13.34 CA$18.74
-39.36%
Three-Course Dinner for Two, Mid-Range
$47.05 COP 148.0K
$70.3 CA$98.8
-33.06%
Fast Food Meal (McDonalds, etc)
$9.50 COP 29.9K
$10.63 CA$14.94
-10.63%
Cappuccino
$3.01 COP 9,485
$3.64 CA$5.12
-17.31%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.80 COP 5,660
$1.68 CA$2.37
7.14%
Water (0.33 liter bottle)
$1.41 COP 4,443
$1.30 CA$1.83
8.46%
Local Beer (0.5 liter draught)
$3.18 COP 9,990
$5.75 CA$8.07
-44.70%
Imported Beer (0.33 liter bottle)
$5.75 COP 18.1K
$5.82 CA$8.17
-1.20%
🛒 Groceries & Markets
Medellin
Peterborough
Difference
Milk (1 liter)
$1.51 COP 4,751
$2.45 CA$3.44
-38.37%
White Bread (500g)
$2.38 COP 7,480
$2.36 CA$3.31
0.85%
Rice (white) (1kg)
$1.77 COP 5,573
$2.47 CA$3.47
-28.34%
Eggs
$2.89 COP 9,093
$3.26 CA$4.58
-11.35%
Local Cheese (1kg)
$10.19 COP 32.1K
$11.08 CA$15.57
-8.03%
Chicken Fillets (1kg)
$9.87 COP 31.1K
$11.43 CA$16.06
-13.65%
Beef Round Steak (1kg)
$13.99 COP 44.0K
$12.94 CA$18.18
8.11%
Apples (1kg)
$3.97 COP 12.5K
$3.35 CA$4.70
18.51%
Banana (1kg)
$1.55 COP 4,883
$1.42 CA$1.99
9.15%
Oranges (1kg)
$2.18 COP 6,867
$3.32 CA$4.66
-34.34%
Tomato (1kg)
$2.18 COP 6,870
$4.04 CA$5.67
-46.04%
Potato (1kg)
$1.96 COP 6,174
$1.68 CA$2.35
16.67%
Onion (1kg)
$1.59 COP 5,000
$2.24 CA$3.14
-29.02%
Lettuce (1 head)
$1.15 COP 3,604
$2.29 CA$3.22
-49.78%
Water (1.5 liter bottle)
$1.24 COP 3,911
$1.54 CA$2.16
-19.48%
Cigarettes 20 Pack (Marlboro, Camel)
$3.96 COP 12.5K
$11.26 CA$15.82
-64.83%
Wine (Bottle)
$13.68 COP 43.0K
$12.79 CA$17.97
6.96%
Local Beer (0.5 liter bottle)
$1.66 COP 5,222
$2.33 CA$3.27
-28.76%
Imported Beer (0.33 liter bottle)
$2.26 COP 7,104
$1.57 CA$2.21
43.95%
🚌 Getting Around
Medellin
Peterborough
Difference
One-way Ticket (Public Transport)
$1.17 COP 3,674
$2.57 CA$3.62
-54.47%
Public Transport Monthly Pass (Regular Price)
$77.4 COP 243.4K
$55.3 CA$77.7
39.91%
Taxi Start (Normal Tariff)
$1.27 COP 3,989
$2.98 CA$4.18
-57.38%
Taxi (Normal Tariff) (1km)
$2.05 COP 6,442
$1.25 CA$1.75
64.00%
Taxi 1hour Waiting (Normal Tariff)
$8.55 COP 26.9K
$21.47 CA$30.16
-60.18%
Gasoline (1 liter)
$1.35 COP 4,237
$1.15 CA$1.61
17.39%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.1K COP 107.2M
$26.6K CA$37.3K
28.31%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.7K COP 109.1M
$20.9K CA$29.4K
65.78%
🧾 Monthly Utilities & Internet
Medellin
Peterborough
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$170 COP 533.7K
$137 CA$192
23.86%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.55 COP 42.6K
$35.01 CA$49.20
-61.30%
Internet (50+ Mbps, Unlimited Data)
$28.07 COP 88.3K
$44.89 CA$63.1
-37.47%
🎉 Sport & Entertainment
Medellin
Peterborough
Difference
Gym Membership (Monthly)
$43.70 COP 137.5K
$36.58 CA$51.4
19.46%
Tennis Court (1 Hour on Weekend)
$17.19 COP 54.1K
$14.34 CA$20.15
19.87%
Cinema Ticket
$6.91 COP 21.7K
$11.35 CA$15.95
-39.12%
🧸 Childcare & Education
Medellin
Peterborough
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$797 COP 2.5M
$351 CA$493
126.93%
International Primary School, 1 Child (Yearly)
$9,112 COP 28.7M
$10.6K CA$14.9K
-13.99%
👕👟 Clothing & Footwear
Medellin
Peterborough
Difference
Jeans (Levis 501 Or Similar)
$84.7 COP 266.5K
$44.16 CA$62.0
91.85%
Summer Dress (H&M, Zara, etc)
$58.0 COP 182.3K
$38.20 CA$53.7
51.73%
Sport Shoes (Adidas, Nike)
$135 COP 424.6K
$86.1 CA$121
56.78%
Men's Leather Business Shoes
$97.9 COP 307.9K
$74.2 CA$104
31.83%
🏠 Accommodation & Living
Medellin
Peterborough
Difference
1-bedroom Apartment, City Center (Monthly)
$1,208 COP 3.8M
$1,325 CA$1,861
-8.83%
1-bedroom Apartment, Outside City Center (Monthly)
$642 COP 2.0M
$1,129 CA$1,586
-43.17%
3-bedroom Apartment, City Center (Monthly)
$2,028 COP 6.4M
$2,005 CA$2,818
1.11%
3-bedroom Apartment, Outside City Center (Monthly)
$1,012 COP 3.2M
$1,507 CA$2,117
-32.85%
Buy Apartment in City Center (m2)
$4,170 COP 13.1M
$6,583 CA$9,249
-36.65%
Buy Apartment Outside City Center (m2)
$1,910 COP 6.0M
$6,316 CA$8,874
-69.75%
💵 Salaries & Financials
Medellin
Peterborough
Difference
Average Monthly Net Salary (After Tax)
$657 COP 2.1M
$3,045 CA$4,278
-78.42%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
4.55
140.44%

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

Last update for Medellin: October 25, 2026

Last update for Peterborough: October 27, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Medellin
$642
Peterborough
$1.1K 76% $487
Groceries & Markets
Medellin
$297
Peterborough
$336 13.2% $39
Monthly Utilities & Internet
Medellin
$211
Peterborough
$217 2.7% $5.6
Eating Out
Medellin
$170
Peterborough
$235 38.3% $65
Clothing & Footwear
Medellin
$169
Peterborough
$109 35.4% $60
Getting Around
Medellin
$94
Peterborough
$75 20% $19
Sport & Entertainment
Medellin
$58
Peterborough
$59 3% $1.8

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $1,325 in Peterborough. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Peterborough are about 4.6 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $47 in Medellin versus $70 in Peterborough. Monthly groceries follow the same trend: $297 vs $336 – making Medellin the more affordable choice for daily food spending.

Good to know
🇨🇴 Medellin
🇨🇦 Peterborough
🕒 Local time
13:45 1:45 PM
14:45 2:45 PM
1 h ahead of Medellin
🌤 Weather
👥 Population
2,486,723
81,032
💱 Currency
Exchange rates and currency converter

CAD, USD, EUR to COP – Colombian Peso Converter

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.712 USD). 1 EUR = 1.56 CAD (1 CAD = 0.639 EUR).

On the map
Between locations
  • Medellin Peterborough 4,240 km ≈ 6 h nonstop flight
From you
  • Medellin
  • Peterborough

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 Peterborough: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Peterborough?
Yes – Peterborough is pricier by about 32%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $2,459 per month in Medellin and $3,240 in Peterborough. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
What is the rent difference between Medellin and Peterborough?
A central 1-bedroom goes for about $1,208 in Medellin and $1,325 in Peterborough. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.
Is eating out cheaper in Medellin or in Peterborough?
A mid-range dinner for two costs $47 in Medellin and $70 in Peterborough. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Medellin and in Peterborough?
Monthly expenses with rent come to $1,639 in Medellin and $2,160 in Peterborough. That’s a gap of about 32%.
Is $2,500 enough for either Medellin or Peterborough?
$2,500 covers both cities comfortably – all-in costs are $1,639 in Medellin and $2,160 in Peterborough, leaving budget for savings and extras in both cases.
Which city suits remote workers better?
For digital nomads, it depends on budget. Medellin costs $1,639 versus $2,160 in Peterborough. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.
Which city is the better choice to relocate to?
If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Peterborough makes more sense. Both are solid long-term options with distinct trade-offs.

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