Cost of Living Comparison Between Medellin and Yellowknife Cost of Living Comparison Between Medellin and Yellowknife

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $2,990 in Yellowknife, rent included.

A couple spends around $1,599 per month in Medellin vs $4,276 in Yellowknife, rent included.

A family of three spends $2,167 per month in Medellin vs $5,563 in Yellowknife, rent included.

Medellin is about 66% cheaper than Yellowknife, driven mainly by Groceries & Markets.

Medellin sits 23% below the global median, while Yellowknife is 124% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.16 COP 20.0K

$16.49 CA$23.12

-62.64%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.0K

$89.7 CA$126

-63.64%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$7.54 CA$10.57

-2.65%

Cappuccino

$1.72 COP 5,592

$3.86 CA$5.41

-55.44%

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

$1.05 COP 3,416

$2.64 CA$3.71

-60.23%

Water (0.33 liter bottle)

$0.77 COP 2,511

$2.21 CA$3.10

-65.16%

Local Beer (0.5 liter draught)

$1.69 COP 5,480

$6.02 CA$8.43

-71.93%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$7.46 CA$10.45

-57.51%

Milk (1 liter)

$1.05 COP 3,418

$2.48 CA$3.48

-57.66%

White Bread (500g)

$1.30 COP 4,230

$2.77 CA$3.88

-53.07%

Rice (white) (1kg)

$1.40 COP 4,538

$4.82 CA$6.76

-70.95%

Eggs

$2.16 COP 7,037

$3.28 CA$4.59

-34.15%

Local Cheese (1kg)

$4.39 COP 14.3K

$7.30 CA$10.24

-39.86%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$16.81 CA$23.57

-65.02%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$16.50 CA$23.13

-47.64%

Apples (1kg)

$2.28 COP 7,415

$4.81 CA$6.74

-52.60%

Banana (1kg)

$1.11 COP 3,599

$1.59 CA$2.24

-30.19%

Oranges (1kg)

$1.53 COP 4,976

$5.54 CA$7.76

-72.38%

Tomato (1kg)

$1.35 COP 4,405

$7.67 CA$10.76

-82.40%

Potato (1kg)

$1.13 COP 3,669

$4.76 CA$6.67

-76.26%

Onion (1kg)

$1.13 COP 3,687

$3.67 CA$5.15

-69.21%

Lettuce (1 head)

$0.85 COP 2,749

$3.45 CA$4.84

-75.36%

Water (1.5 liter bottle)

$0.91 COP 2,971

$1.14 CA$1.60

-20.18%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,619

$17.39 CA$24.38

-86.54%

Wine (Bottle)

$12.37 COP 40.2K

$14.00 CA$19.62

-11.64%

Local Beer (0.5 liter bottle)

$1.20 COP 3,904

$4.30 CA$6.03

-72.09%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,094

$6.71 CA$9.41

-62.89%

One-way Ticket (Public Transport)

$0.84 COP 2,724

$2.16 CA$3.03

-61.11%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 131.9K

$54.6 CA$76.5

-25.63%

Taxi Start (Normal Tariff)

$1.42 COP 4,617

$3.26 CA$4.56

-56.44%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,227

$1.34 CA$1.88

43.28%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$26.10 CA$36.59

-70.65%

Gasoline (1 liter)

$0.99 COP 3,219

$1.22 CA$1.71

-18.85%

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

$18.0K COP 58.6M

$24.5K CA$34.4K

-26.51%

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

$26.6K COP 86.6M

$20.1K CA$28.2K

32.20%

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

$80.8 COP 262.7K

$390 CA$547

-79.30%

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

$9.95 COP 32.3K

$60.5 CA$84.8

-83.55%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.6K

$111 CA$156

-78.30%

Gym Membership (Monthly)

$25.08 COP 81.5K

$74.7 CA$105

-66.42%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$3.98 COP 13.0K

$10.23 CA$14.34

-61.09%

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

$305 COP 992.2K

$609 CA$854

-49.90%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$12.0K CA$16.8K

-49.53%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.0K

$65.4 CA$91.7

-11.16%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.7K

$36.64 CA$51.4

-12.12%

Sport Shoes (Adidas, Nike)

$101 COP 327.5K

$107 CA$150

-5.58%

Men's Leather Business Shoes

$108 COP 350.3K

$119 CA$167

-9.69%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.5M

$1,494 CA$2,095

-68.11%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$1,440 CA$2,019

-73.88%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$2,449 CA$3,434

-65.51%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$2,192 CA$3,073

-66.68%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$3,003 CA$4,210

7.07%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$2,799 CA$3,924

-50.97%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$3,937 CA$5,519

-84.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

6.46

107.89%

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

Last update for Medellin: July 12, 2026

Last update for Yellowknife: July 12, 2026

Cost Breakdown

A central one-bedroom costs $477 in Medellin versus $1,494 in Yellowknife. 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 538% higher in Yellowknife, 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 $33.00 in Medellin versus $90.0 in Yellowknife. Monthly groceries follow the same trend: $193 vs $447 – making Medellin the more affordable choice for daily food spending.

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 Yellowknife: Cost of Living - Frequently Asked Questions

Yes – Yellowknife is pricier by about 190%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,546 per month in Medellin and $4,485 in Yellowknife. 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 $33.00 in Medellin and $90.0 in Yellowknife. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,031 in Medellin and $2,990 in Yellowknife. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,031, than in Yellowknife at $2,990. In Medellin it covers expenses comfortably, while in Yellowknife 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, Yellowknife makes more sense. Both are solid long-term options with distinct trade-offs.