🙂A single person spends $1,681 per month in Medellin vs $1,742 in Prince Albert, rent included.
🙂A couple spends around $2,445 per month in Medellin vs $2,496 in Prince Albert, rent included.
🙂A family of three spends $3,210 per month in Medellin vs $3,249 in Prince Albert, rent included.
🙂Medellin is about 4% cheaper than Prince Albert, driven mainly by Eating Out.
📊Both Medellin and Prince Albert sit above the global median – Medellin by 23%, Prince Albert by 27%.
Currency
🍽 Eating Out
Medellin
Prince Albert
Difference
Meal at Budget Restaurant
$8.02COP 25.0K
$18.13CA$25.36
-55.76%
Three-Course Dinner for Two, Mid-Range
$47.87COP 149.4K
$72.6CA$102
-34.05%
Fast Food Meal(McDonalds, etc)
$9.89COP 30.8K
$9.48CA$13.26
4.32%
Cappuccino
$3.13COP 9,767
$3.77CA$5.27
-16.98%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.91COP 5,954
$2.09CA$2.93
-8.61%
Water(0.33 liter bottle)
$1.51COP 4,712
$1.86CA$2.60
-18.82%
Local Beer(0.5 liter draught)
$3.12COP 9,747
$4.24CA$5.93
-26.42%
Imported Beer(0.33 liter bottle)
$5.75COP 17.9K
$6.58CA$9.20
-12.61%
🛒 Groceries & Markets
Medellin
Prince Albert
Difference
Milk(1 liter)
$1.44COP 4,509
$1.22CA$1.71
18.03%
White Bread(500g)
$2.49COP 7,759
$1.42CA$1.98
75.35%
Rice(white)(1kg)
$1.77COP 5,535
$2.45CA$3.42
-27.76%
Eggs
$2.96COP 9,235
$3.53CA$4.94
-16.15%
Local Cheese(1kg)
$10.07COP 31.4K
$6.99CA$9.78
44.06%
Chicken Fillets(1kg)
$10.12COP 31.6K
$8.82CA$12.34
14.74%
Beef Round Steak(1kg)
$14.30COP 44.6K
$4.23CA$5.92
238.06%
Apples(1kg)
$4.14COP 12.9K
$4.23CA$5.91
-2.13%
Banana(1kg)
$1.61COP 5,019
$1.42CA$1.98
13.38%
Oranges(1kg)
$2.25COP 7,007
$4.35CA$6.08
-48.28%
Tomato(1kg)
$2.25COP 7,028
$3.30CA$4.62
-31.82%
Potato(1kg)
$2.04COP 6,375
$2.11CA$2.95
-3.32%
Onion(1kg)
$1.54COP 4,790
$2.17CA$3.04
-29.03%
Lettuce(1 head)
$1.17COP 3,651
$2.80CA$3.92
-58.21%
Water(1.5 liter bottle)
$1.31COP 4,077
$1.46CA$2.05
-10.27%
Cigarettes 20 Pack(Marlboro, Camel)
$3.90COP 12.2K
$10.58CA$14.80
-63.14%
Wine(Bottle)
$14.01COP 43.7K
$14.16CA$19.81
-1.06%
Local Beer(0.5 liter bottle)
$1.74COP 5,439
$2.87CA$4.01
-39.37%
Imported Beer(0.33 liter bottle)
$2.87COP 8,956
$3.52CA$4.92
-18.47%
🚌 Getting Around
Medellin
Prince Albert
Difference
One-way Ticket(Public Transport)
$1.22COP 3,792
$1.85CA$2.59
-34.05%
Public Transport Monthly Pass(Regular Price)
$80.5COP 251.1K
$38.75CA$54.2
107.69%
Taxi Start(Normal Tariff)
$1.31COP 4,084
$3.05CA$4.27
-57.05%
Taxi(Normal Tariff)(1km)
$2.19COP 6,825
$0.81CA$1.13
170.37%
Taxi 1hour Waiting(Normal Tariff)
$8.71COP 27.2K
$14.55CA$20.36
-40.14%
Gasoline(1 liter)
$1.37COP 4,260
$1.11CA$1.56
23.42%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.8KCOP 86.9M
$22.6KCA$31.6K
23.14%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.8KCOP 111.6M
$21.3KCA$29.9K
67.60%
🧾 Monthly Utilities & Internet
Medellin
Prince Albert
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$177COP 553.2K
$53.3CA$74.6
232.65%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$13.88COP 43.3K
$50.3CA$70.3
-72.38%
Internet(50+ Mbps, Unlimited Data)
$29.72COP 92.8K
$62.3CA$87.1
-52.29%
🎉 Sport & Entertainment
Medellin
Prince Albert
Difference
Gym Membership(Monthly)
$44.88COP 140.1K
$117CA$164
-61.71%
Tennis Court(1 Hour on Weekend)
$17.12COP 53.4K
$17.72CA$24.79
-3.39%
Cinema Ticket
$6.65COP 20.7K
$9.23CA$12.91
-27.95%
🧸 Childcare & Education
Medellin
Prince Albert
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$813COP 2.5M
$506CA$708
60.66%
International Primary School, 1 Child(Yearly)
$9,187COP 28.7M
$14.9KCA$20.9K
-38.38%
👕👟 Clothing & Footwear
Medellin
Prince Albert
Difference
Jeans(Levis 501 Or Similar)
$89.5COP 279.3K
$50.4CA$70.5
77.52%
Summer Dress(H&M, Zara, etc)
$59.0COP 184.0K
$36.52CA$51.1
61.47%
Sport Shoes(Adidas, Nike)
$138COP 431.2K
$86.0CA$120
60.75%
Men's Leather Business Shoes
$102COP 318.7K
$107CA$150
-4.96%
🏠 Accommodation & Living
Medellin
Prince Albert
Difference
1-bedroom Apartment, City Center(Monthly)
$1,062COP 3.3M
$917CA$1,283
15.77%
1-bedroom Apartment, Outside City Center(Monthly)
$663COP 2.1M
$683CA$956
-2.95%
3-bedroom Apartment, City Center(Monthly)
$1,888COP 5.9M
$1,435CA$2,007
31.62%
3-bedroom Apartment, Outside City Center(Monthly)
$1,027COP 3.2M
$788CA$1,102
30.33%
Buy Apartment in City Center(m2)
$4,183COP 13.1M
-
-
Buy Apartment Outside City Center(m2)
$1,675COP 5.2M
-
-
💵 Salaries & Financials
Medellin
Prince Albert
Difference
Average Monthly Net Salary(After Tax)
$678COP 2.1M
$2,727CA$3,814
-75.15%
20-Year Fixed Mortgage Interest Rate(Annual %)
10.94
4.8
127.92%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Medellin: September 14, 2026
Last update for Prince Albert: September 15, 2026
Cost Breakdown
🏠A central one-bedroom costs $1,062 in Medellin versus $917 in Prince Albert. 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 302% higher in Prince Albert, 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 $73.0 in Prince Albert. Groceries tell a different story – $305 in Medellin vs $281 in Prince Albert – so Prince Albert wins on supermarket bills even if dining out costs more.
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 Prince Albert: Cost of Living - Frequently Asked Questions
Is Prince Albert cheaper than Medellin?
Yes – Prince Albert is pricier by about 4%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,521 per month in Medellin and $2,613 in Prince Albert. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Medellin or in Prince Albert?
A mid-range dinner for two costs $48.00 in Medellin and $73.0 in Prince Albert. 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 Prince Albert?
Monthly expenses with rent come to $1,681 in Medellin and $1,742 in Prince Albert. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $2,500 a realistic budget for living in Medellin or in Prince Albert?
A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,681, than in Prince Albert at $1,742. In Medellin it covers expenses comfortably, while in Prince Albert it requires careful planning or may not stretch far enough.
Is Medellin or Prince Albert more family-friendly?
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.
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, Prince Albert makes more sense. Both are solid long-term options with distinct trade-offs.