Cost of Living Comparison Between Medellin and Terrace Cost of Living Comparison Between Medellin and Terrace

🙂 Solo nomad: Medellin is 37.8% cheaper than Terrace without rent, and 48.5% cheaper with rent.
🙂 Family of 3: Medellin is 51.4% cheaper than Terrace without rent, and 44.8% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Terrace
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$18.78 CA$25.56
-66.83%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$82.6 CA$112
-60.85%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$11.12 CA$15.14
-33.54%
Cappuccino
$1.72 COP 7,155
$3.71 CA$5.05
-53.64%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$1.98 CA$2.7
-44.44%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.65 CA$2.25
-55.76%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$4.3 CA$5.85
-61.40%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$6.02 CA$8.19
-46.84%
🛒 Groceries & Markets
Medellin
Terrace
Difference
Milk (1 liter)
$1.09 COP 4,552
$2.45 CA$3.33
-55.51%
White Bread (500g)
$1.24 COP 5,188
$2.76 CA$3.75
-55.07%
Rice (white) (1kg)
$1.33 COP 5,544
$5.38 CA$7.33
-75.28%
Eggs
$2.22 COP 9,252
$3.99 CA$5.43
-44.36%
Local Cheese (1kg)
$4.55 COP 19K
$9.08 CA$12.36
-49.89%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$15.82 CA$21.53
-63.91%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$14.01 CA$19.08
-38.69%
Apples (1kg)
$2.26 COP 9,410
$4.46 CA$6.08
-49.33%
Banana (1kg)
$1.07 COP 4,461
$1.24 CA$1.68
-13.71%
Oranges (1kg)
$1.51 COP 6,293
$3.15 CA$4.28
-52.06%
Tomato (1kg)
$1.42 COP 5,911
$4.01 CA$5.45
-64.59%
Potato (1kg)
$1.11 COP 4,619
$3.28 CA$4.47
-66.16%
Onion (1kg)
$1.18 COP 4,932
$3.27 CA$4.46
-63.91%
Lettuce (1 head)
$0.89 COP 3,718
$2.6 CA$3.54
-65.77%
Water (1.5 liter bottle)
$0.84 COP 3,507
$1.01 CA$1.37
-16.83%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$12.24 CA$16.66
-80.80%
Wine (Bottle)
$9.34 COP 38.9K
$13.48 CA$18.35
-30.71%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$2.28 CA$3.1
-48.25%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$1.96 CA$2.66
27.04%
🚌 Getting Around
Medellin
Terrace
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$1.45 CA$1.98
-42.76%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$32.19 CA$43.82
30.16%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$3.21 CA$4.36
-56.07%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.47 CA$2
33.33%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$25.34 CA$34.5
-69.02%
Gasoline (1 liter)
$1.02 COP 4,265
$1.24 CA$1.69
-17.74%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$29.4K CA$40K
-40.13%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$20.4K CA$27.8K
28.35%
🧾 Monthly Utilities & Internet
Medellin
Terrace
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$96.3 CA$131
-14.26%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$40.86 CA$55.6
-76.90%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$62.1 CA$84.5
-62.12%
🎉 Sport & Entertainment
Medellin
Terrace
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$43.32 CA$59
-40.72%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
-
-
Cinema Ticket
$3.96 COP 16.5K
$9.15 CA$12.45
-56.72%
🧸 Childcare & Education
Medellin
Terrace
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$734 CA$1,000
-58.50%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$11.7K CA$16K
-49.54%
👕👟 Clothing & Footwear
Medellin
Terrace
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$38.46 CA$52.4
50.55%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$31.57 CA$42.97
0.06%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$82.1 CA$112
25.62%
Men's Leather Business Shoes
$106 COP 440.5K
$45.67 CA$62.2
131.38%
🏠 Accommodation & Living
Medellin
Terrace
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$1,041 CA$1,417
-52.98%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$866 CA$1,179
-56.25%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,667 CA$2,270
-50.40%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$1,387 CA$1,888
-47.43%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$1,939 CA$2,639
12.95%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$4,003 CA$5,448
-61.71%
💵 Salaries & Financials
Medellin
Terrace
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$2,971 CA$4,044
-81.49%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
5.22
157.28%

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

Last update for Medellin: October 28, 2025

Last update for Terrace: October 29, 2025

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