Last update: Oct 2026

Cost of Living Comparison Between Medellin and Toronto

For one person, living is cheaper in Medellin: $1,589 a month against $2,530 in Toronto, rent and utilities included – about $11,300 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Medellin
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Medellin Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Medellin

🇨🇴 Colombia

$1,589

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Toronto

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

A single person spends $1,589 per month in Medellin vs $2,530 in Toronto, rent included.

Medellin $1,589
Toronto $2,530

A couple spends around $2,364 per month in Medellin vs $3,646 in Toronto, rent included.

Medellin $2,364
Toronto $3,646

A family of three spends $3,139 per month in Medellin vs $4,761 in Toronto, rent included.

Medellin $3,139
Toronto $4,761

Medellin is about 37% cheaper than Toronto, and outside of rent the biggest gap is in eating out.

Both Medellin and Toronto sit above the global median – Medellin by 19%, Toronto by 89%.

Meal at Budget Restaurant

$8.01 COP 25.5K

$17.67 CA$25.19

-54.67%

Three-Course Dinner for Two, Mid-Range

$46.55 COP 148.3K

$77.4 CA$110

-39.84%

Fast Food Meal (McDonalds, etc)

$9.43 COP 30.1K

$10.47 CA$14.93

-9.93%

Cappuccino

$2.91 COP 9,277

$4.08 CA$5.81

-28.68%

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

$1.75 COP 5,585

$2.12 CA$3.02

-17.45%

Water (0.33 liter bottle)

$1.32 COP 4,218

$1.76 CA$2.51

-25.00%

Local Beer (0.5 liter draught)

$3.13 COP 9,969

$6.17 CA$8.80

-49.27%

Imported Beer (0.33 liter bottle)

$5.55 COP 17.7K

$6.89 CA$9.82

-19.45%

Milk (1 liter)

$1.41 COP 4,495

$2.43 CA$3.46

-41.98%

White Bread (500g)

$2.44 COP 7,777

$2.75 CA$3.92

-11.27%

Rice (white) (1kg)

$1.63 COP 5,191

$2.23 CA$3.18

-26.91%

Eggs

$2.82 COP 8,990

$3.45 CA$4.91

-18.26%

Local Cheese (1kg)

$9.69 COP 30.9K

$8.93 CA$12.73

8.51%

Chicken Fillets (1kg)

$9.32 COP 29.7K

$11.44 CA$16.31

-18.53%

Beef Round Steak (1kg)

$13.46 COP 42.9K

$14.61 CA$20.83

-7.87%

Apples (1kg)

$4.00 COP 12.8K

$3.75 CA$5.34

6.67%

Banana (1kg)

$1.48 COP 4,719

$1.15 CA$1.64

28.70%

Oranges (1kg)

$2.12 COP 6,768

$3.55 CA$5.06

-40.28%

Tomato (1kg)

$2.25 COP 7,178

$4.28 CA$6.10

-47.43%

Potato (1kg)

$1.91 COP 6,092

$1.85 CA$2.63

3.24%

Onion (1kg)

$1.62 COP 5,160

$1.67 CA$2.38

-2.99%

Lettuce (1 head)

$1.15 COP 3,658

$2.22 CA$3.16

-48.20%

Water (1.5 liter bottle)

$1.26 COP 4,021

$1.21 CA$1.72

4.13%

Cigarettes 20 Pack (Marlboro, Camel)

$3.82 COP 12.2K

$13.88 CA$19.78

-72.48%

Wine (Bottle)

$13.11 COP 41.8K

$14.25 CA$20.31

-8.00%

Local Beer (0.5 liter bottle)

$1.60 COP 5,083

$2.20 CA$3.13

-27.27%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,188

$2.42 CA$3.45

-6.61%

One-way Ticket (Public Transport)

$1.17 COP 3,731

$2.42 CA$3.44

-51.65%

Public Transport Monthly Pass (Regular Price)

$75.0 COP 239.0K

$111 CA$158

-32.26%

Taxi Start (Normal Tariff)

$1.27 COP 4,056

$2.90 CA$4.13

-56.21%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,531

$1.26 CA$1.80

62.70%

Taxi 1hour Waiting (Normal Tariff)

$8.20 COP 26.1K

$22.03 CA$31.40

-62.78%

Gasoline (1 liter)

$1.27 COP 4,046

$1.22 CA$1.74

4.10%

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

$26.8K COP 85.3M

$27.6K CA$39.4K

-3.09%

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

$34.4K COP 109.6M

$19.8K CA$28.3K

73.58%

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

$162 COP 516.9K

$122 CA$174

33.09%

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

$13.12 COP 41.8K

$32.03 CA$45.66

-59.04%

Internet (50+ Mbps, Unlimited Data)

$28.09 COP 89.5K

$47.92 CA$68.3

-41.38%

Gym Membership (Monthly)

$44.33 COP 141.2K

$38.90 CA$55.5

13.96%

Tennis Court (1 Hour on Weekend)

$16.33 COP 52.0K

$23.24 CA$33.12

-29.73%

Cinema Ticket

$6.09 COP 19.4K

$12.61 CA$17.97

-51.70%

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

$764 COP 2.4M

$834 CA$1,189

-8.35%

International Primary School, 1 Child (Yearly)

$8,904 COP 28.4M

$23.3K CA$33.3K

-61.85%

Jeans (Levis 501 Or Similar)

$85.0 COP 270.8K

$52.6 CA$75.0

61.54%

Summer Dress (H&M, Zara, etc)

$57.5 COP 183.2K

$40.26 CA$57.4

42.80%

Sport Shoes (Adidas, Nike)

$132 COP 419.8K

$96.2 CA$137

36.96%

Men's Leather Business Shoes

$95.8 COP 305.1K

$123 CA$175

-22.12%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$1,598 CA$2,278

-35.65%

1-bedroom Apartment, Outside City Center (Monthly)

$604 COP 1.9M

$1,435 CA$2,045

-57.87%

3-bedroom Apartment, City Center (Monthly)

$1,802 COP 5.7M

$2,657 CA$3,787

-32.18%

3-bedroom Apartment, Outside City Center (Monthly)

$993 COP 3.2M

$2,096 CA$2,988

-52.65%

Buy Apartment in City Center (m2)

$3,921 COP 12.5M

$8,033 CA$11.5K

-51.19%

Buy Apartment Outside City Center (m2)

$1,639 COP 5.2M

$6,557 CA$9,347

-75.01%

Average Monthly Net Salary (After Tax)

$626 COP 2.0M

$3,743 CA$5,335

-83.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.47

144.74%

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

Last update for Medellin: October 6, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$604 38.3%

Toronto

$1.4K 55.4% 137% $830

Groceries & Markets

Medellin

$288 18.3%

Toronto

$340 13.1% 17.9% $52

Monthly Utilities & Internet

Medellin

$203 12.9%

Toronto

$202 7.8% 0.8% $1.6

Clothing & Footwear

Medellin

$166 10.6%

Toronto

$140 5.4% 15.7% $26

Eating Out

Medellin

$166 10.6%

Toronto

$282 10.9% 69.4% $116

Getting Around

Medellin

$91 5.8%

Toronto

$130 5% 42.1% $38

Sport & Entertainment

Medellin

$57 3.6%

Toronto

$64 2.5% 13.5% $7.6

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $1,598 in Toronto. 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 498% higher in Toronto, 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 $77.0 in Toronto. Monthly groceries follow the same trend: $288 vs $340 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇨🇦 Toronto

🕒 Local time

03:17 3:17 AM

04:17 4:17 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

2,731,571

💱 Currency

Colombian Peso COP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

1 CAD = 0.702 USD

1 CAD = 0.626 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 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,574 COP (10,000 COP = 2.8 EUR).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

USD to COP in detail →

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Between locations

Medellin Toronto 4,170 km ≈ 6 h nonstop flight

From you

Medellin
Toronto

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 Toronto: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 59%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,384 per month in Medellin and $3,795 in Toronto. 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 $77.0 in Toronto. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,589 in Medellin and $2,530 in Toronto. That's a gap of about 59%.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,589, than in Toronto at $2,530. In Medellin it covers expenses comfortably, while in Toronto 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, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.