Last update: Oct 2026

Cost of Living Comparison Between Medellin and Thunder Bay

For one person, living is cheaper in Medellin: $1,625 a month against $2,169 in Thunder Bay, rent and utilities included – about $6,500 less a year. Rent and utilities account for about half of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
106

Cost of Living Index in Thunder Bay
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Thunder Bay Living Index

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Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Thunder Bay

🇨🇦 Canada

$2,169

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Thunder Bay

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

A single person spends $1,625 per month in Medellin vs $2,169 in Thunder Bay, rent included.

Medellin $1,625
Thunder Bay $2,169

A couple spends around $2,412 per month in Medellin vs $3,338 in Thunder Bay, rent included.

Medellin $2,412
Thunder Bay $3,338

A family of three spends $3,199 per month in Medellin vs $4,508 in Thunder Bay, rent included.

Medellin $3,199
Thunder Bay $4,508

Medellin is about 25% cheaper than Thunder Bay, and outside of rent the biggest gap is in eating out.

Both Medellin and Thunder Bay sit above the global median – Medellin by 20%, Thunder Bay by 60%.

Meal at Budget Restaurant

$8.30 COP 26.3K

$17.63 CA$24.93

-52.92%

Three-Course Dinner for Two, Mid-Range

$46.91 COP 148.7K

$60.2 CA$85.1

-22.09%

Fast Food Meal (McDonalds, etc)

$9.24 COP 29.3K

$12.62 CA$17.84

-26.78%

Cappuccino

$3.05 COP 9,676

$3.40 CA$4.81

-10.29%

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

$1.80 COP 5,707

$1.86 CA$2.63

-3.23%

Water (0.33 liter bottle)

$1.38 COP 4,382

$1.59 CA$2.25

-13.21%

Local Beer (0.5 liter draught)

$3.24 COP 10.3K

$5.43 CA$7.68

-40.33%

Imported Beer (0.33 liter bottle)

$5.56 COP 17.6K

$5.03 CA$7.12

10.54%

Milk (1 liter)

$1.50 COP 4,760

$2.27 CA$3.20

-33.92%

White Bread (500g)

$2.37 COP 7,508

$2.55 CA$3.60

-7.06%

Rice (white) (1kg)

$1.70 COP 5,377

$3.29 CA$4.65

-48.33%

Eggs

$2.96 COP 9,379

$3.59 CA$5.08

-17.55%

Local Cheese (1kg)

$10.22 COP 32.4K

$16.69 CA$23.59

-38.77%

Chicken Fillets (1kg)

$9.74 COP 30.9K

$15.91 CA$22.50

-38.78%

Beef Round Steak (1kg)

$13.90 COP 44.1K

$16.25 CA$22.98

-14.46%

Apples (1kg)

$4.13 COP 13.1K

$3.33 CA$4.71

24.02%

Banana (1kg)

$1.53 COP 4,839

$1.21 CA$1.71

26.45%

Oranges (1kg)

$2.22 COP 7,052

$3.92 CA$5.54

-43.37%

Tomato (1kg)

$2.27 COP 7,194

$3.48 CA$4.92

-34.77%

Potato (1kg)

$1.99 COP 6,311

$2.50 CA$3.53

-20.40%

Onion (1kg)

$1.67 COP 5,285

$2.16 CA$3.05

-22.69%

Lettuce (1 head)

$1.18 COP 3,742

$2.91 CA$4.12

-59.45%

Water (1.5 liter bottle)

$1.24 COP 3,919

$2.38 CA$3.36

-47.90%

Cigarettes 20 Pack (Marlboro, Camel)

$3.87 COP 12.3K

$10.69 CA$15.11

-63.80%

Wine (Bottle)

$13.78 COP 43.7K

$8.67 CA$12.26

58.94%

Local Beer (0.5 liter bottle)

$1.66 COP 5,256

$1.96 CA$2.77

-15.31%

Imported Beer (0.33 liter bottle)

$2.40 COP 7,615

$2.92 CA$4.14

-17.81%

One-way Ticket (Public Transport)

$1.24 COP 3,944

$2.28 CA$3.22

-45.61%

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

$64.3 CA$90.9

21.61%

Taxi Start (Normal Tariff)

$1.28 COP 4,044

$5.26 CA$7.44

-75.67%

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

$2.08 CA$2.94

3.37%

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

$35.48 CA$50.2

-76.41%

Gasoline (1 liter)

$1.35 COP 4,288

$1.16 CA$1.63

16.38%

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

$34.8K COP 110.2M

$28.0K CA$39.6K

24.23%

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

$34.7K COP 110.0M

$21.0K CA$29.7K

65.28%

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

$167 COP 528.4K

$159 CA$225

4.59%

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

$13.62 COP 43.2K

$57.9 CA$81.8

-76.46%

Internet (50+ Mbps, Unlimited Data)

$29.12 COP 92.3K

$79.3 CA$112

-63.29%

Gym Membership (Monthly)

$45.09 COP 143.0K

$29.52 CA$41.73

52.74%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

$18.06 CA$25.54

-4.87%

Cinema Ticket

$6.97 COP 22.1K

$17.88 CA$25.27

-61.02%

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

$790 COP 2.5M

$670 CA$947

17.88%

International Primary School, 1 Child (Yearly)

$9,041 COP 28.7M

Jeans (Levis 501 Or Similar)

$87.8 COP 278.4K

$76.7 CA$108

14.46%

Summer Dress (H&M, Zara, etc)

$58.2 COP 184.4K

$35.15 CA$49.69

65.43%

Sport Shoes (Adidas, Nike)

$139 COP 440.7K

$76.6 CA$108

81.45%

Men's Leather Business Shoes

$98.9 COP 313.5K

$130 CA$184

-24.04%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$1,053 CA$1,488

-2.31%

1-bedroom Apartment, Outside City Center (Monthly)

$620 COP 2.0M

$908 CA$1,283

-31.75%

3-bedroom Apartment, City Center (Monthly)

$1,881 COP 6.0M

$1,898 CA$2,683

-0.89%

3-bedroom Apartment, Outside City Center (Monthly)

$1,008 COP 3.2M

$1,741 CA$2,461

-42.12%

Buy Apartment in City Center (m2)

$3,988 COP 12.6M

Buy Apartment Outside City Center (m2)

$1,702 COP 5.4M

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

$3,027 CA$4,279

-78.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.58

138.86%

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

Last update for Medellin: October 19, 2026

Last update for Thunder Bay: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$619 38.1%

Thunder Bay

$908 41.9% 46.5% $288

Groceries & Markets

Medellin

$298 18.3%

Thunder Bay

$396 18.3% 32.9% $98

Monthly Utilities & Internet

Medellin

$209 12.9%

Thunder Bay

$296 13.7% 41.6% $87

Clothing & Footwear

Medellin

$173 10.6%

Thunder Bay

$143 6.6% 17% $29

Eating Out

Medellin

$171 10.5%

Thunder Bay

$271 12.5% 58.5% $100

Getting Around

Medellin

$95 5.9%

Thunder Bay

$89 4.1% 6.4% $6.1

Sport & Entertainment

Medellin

$59 3.6%

Thunder Bay

$65 3% 10.6% $6.2

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $1,053 in Thunder Bay. 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 356% higher in Thunder Bay, 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 $60.0 in Thunder Bay. Monthly groceries follow the same trend: $298 vs $396 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇨🇦 Thunder Bay

🕒 Local time

04:10 4:10 AM

05:10 5:10 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

107,909

💱 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 21, 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 21, 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 Thunder Bay 4,860 km ≈ 7 h nonstop flight

From you

Medellin
Thunder Bay

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 Thunder Bay: Cost of Living - Frequently Asked Questions

Yes – Thunder Bay is pricier by about 33%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,437 per month in Medellin and $3,253 in Thunder Bay. 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 $60.0 in Thunder Bay. 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 $2,169 in Thunder Bay. That's a gap of about 33%.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in Thunder Bay at $2,169. In Medellin it covers expenses comfortably, while in Thunder Bay 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, Thunder Bay makes more sense. Both are solid long-term options with distinct trade-offs.