Last update: Oct 2026

Cost of Living Comparison Between Montreal and Buenaventura

For one person, living is cheaper in Buenaventura: $1,308 a month against $2,059 in Montreal, rent and utilities included – about $9,000 less a year. Rent and utilities account for most of the difference.

99

Cost of Living Index in Montreal
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Montreal Living Index
63

Cost of Living Index in Buenaventura
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Buenaventura Living Index

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Montreal

🇨🇦 Canada

$2,059

/mo nomad

Buenaventura

🇨🇴 Colombia

$1,308

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Buenaventura

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Montreal and in Buenaventura actually costs, broken down by who's living it.

A single person spends $2,059 per month in Montreal vs $1,308 in Buenaventura, rent included.

Montreal $2,059
Buenaventura $1,308

A couple spends around $3,123 per month in Montreal vs $2,012 in Buenaventura, rent included.

Montreal $3,123
Buenaventura $2,012

A family of three spends $4,187 per month in Montreal vs $2,716 in Buenaventura, rent included.

Montreal $4,187
Buenaventura $2,716

Montreal costs about 57% more than Buenaventura, and outside of rent the biggest gap is in eating out.

Montreal sits 52% above the global median, while Buenaventura is 3% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.84 CA$26.63

$7.61 COP 24.1K

147.57%

Three-Course Dinner for Two, Mid-Range

$73.2 CA$104

$42.62 COP 135.1K

71.80%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.90

$9.41 COP 29.8K

12.01%

Cappuccino

$3.97 CA$5.61

$2.59 COP 8,225

53.28%

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

$1.94 CA$2.74

$1.38 COP 4,370

40.58%

Water (0.33 liter bottle)

$1.57 CA$2.22

$0.89 COP 2,835

76.40%

Local Beer (0.5 liter draught)

$6.42 CA$9.08

$3.14 COP 9,959

104.46%

Imported Beer (0.33 liter bottle)

$7.20 CA$10.19

$3.73 COP 11.8K

93.03%

Milk (1 liter)

$2.32 CA$3.28

$1.43 COP 4,538

62.24%

White Bread (500g)

$3.19 CA$4.51

$2.41 COP 7,642

32.37%

Rice (white) (1kg)

$3.19 CA$4.50

$1.63 COP 5,169

95.71%

Eggs

$3.68 CA$5.20

$2.95 COP 9,353

24.75%

Local Cheese (1kg)

$13.24 CA$18.72

$7.86 COP 24.9K

68.45%

Chicken Fillets (1kg)

$11.69 CA$16.53

$9.62 COP 30.5K

21.52%

Beef Round Steak (1kg)

$13.98 CA$19.76

$12.27 COP 38.9K

13.94%

Apples (1kg)

$3.14 CA$4.44

$3.58 COP 11.4K

-12.29%

Banana (1kg)

$1.45 CA$2.05

$1.47 COP 4,665

-1.36%

Oranges (1kg)

$3.38 CA$4.78

$1.91 COP 6,047

76.96%

Tomato (1kg)

$3.11 CA$4.40

$1.80 COP 5,696

72.78%

Potato (1kg)

$1.93 CA$2.72

$1.49 COP 4,737

29.53%

Onion (1kg)

$1.83 CA$2.58

$1.48 COP 4,694

23.65%

Lettuce (1 head)

$2.36 CA$3.34

$1.19 COP 3,758

98.32%

Water (1.5 liter bottle)

$1.50 CA$2.12

$1.20 COP 3,811

25.00%

Cigarettes 20 Pack (Marlboro, Camel)

$11.12 CA$15.73

$3.95 COP 12.5K

181.52%

Wine (Bottle)

$10.60 CA$14.98

$13.14 COP 41.7K

-19.33%

Local Beer (0.5 liter bottle)

$2.22 CA$3.14

$1.41 COP 4,474

57.45%

Imported Beer (0.33 liter bottle)

$2.84 CA$4.01

$2.38 COP 7,555

19.33%

One-way Ticket (Public Transport)

$2.62 CA$3.71

$1.09 COP 3,450

140.37%

Public Transport Monthly Pass (Regular Price)

$79.1 CA$112

Taxi Start (Normal Tariff)

$3.23 CA$4.56

$1.60 COP 5,079

101.87%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.10

$2.04 COP 6,457

-27.45%

Taxi 1hour Waiting (Normal Tariff)

$32.22 CA$45.55

$9.02 COP 28.6K

257.21%

Gasoline (1 liter)

$1.36 CA$1.92

$1.29 COP 4,080

5.43%

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

$27.6K CA$39.1K

$24.7K COP 78.5M

11.74%

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

$21.2K CA$30.0K

$35.4K COP 112.2M

-40.10%

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

$77.0 CA$109

$126 COP 399.9K

-38.92%

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

$34.14 CA$48.26

$13.14 COP 41.7K

159.82%

Internet (50+ Mbps, Unlimited Data)

$42.19 CA$59.7

$29.17 COP 92.5K

44.63%

Gym Membership (Monthly)

$30.81 CA$43.56

$38.15 COP 120.9K

-19.24%

Tennis Court (1 Hour on Weekend)

$19.66 CA$27.79

Cinema Ticket

$11.47 CA$16.22

$6.50 COP 20.6K

76.46%

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

$506 CA$716

$630 COP 2.0M

-19.61%

International Primary School, 1 Child (Yearly)

$16.2K CA$23.0K

$7,516 COP 23.8M

116.00%

Jeans (Levis 501 Or Similar)

$57.3 CA$81.0

$84.9 COP 269.2K

-32.57%

Summer Dress (H&M, Zara, etc)

$38.10 CA$53.9

$54.4 COP 172.5K

-29.95%

Sport Shoes (Adidas, Nike)

$91.9 CA$130

$139 COP 440.5K

-33.84%

Men's Leather Business Shoes

$110 CA$155

$103 COP 328.1K

6.06%

1-bedroom Apartment, City Center (Monthly)

$1,237 CA$1,748

$653 COP 2.1M

89.26%

1-bedroom Apartment, Outside City Center (Monthly)

$977 CA$1,381

$475 COP 1.5M

105.68%

3-bedroom Apartment, City Center (Monthly)

$2,180 CA$3,082

$997 COP 3.2M

118.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,608 CA$2,273

$875 COP 2.8M

83.74%

Buy Apartment in City Center (m2)

$5,113 CA$7,228

$1,966 COP 6.2M

160.03%

Buy Apartment Outside City Center (m2)

$3,744 CA$5,293

$1,628 COP 5.2M

130.03%

Average Monthly Net Salary (After Tax)

$2,957 CA$4,180

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

11.58

-61.31%

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

Last update for Montreal: October 20, 2026

Last update for Buenaventura: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$977 47.4%

Buenaventura

$475 36.3% 51.4% $502

Groceries & Markets

Montreal

$351 17.1%

Buenaventura

$273 20.9% 22.2% $78

Eating Out

Montreal

$290 14.1%

Buenaventura

$153 11.7% 47.5% $138

Monthly Utilities & Internet

Montreal

$153 7.5%

Buenaventura

$168 12.9% 9.8% $15

Clothing & Footwear

Montreal

$134 6.5%

Buenaventura

$172 13.1% 28.5% $38

Getting Around

Montreal

$100 4.9%

Buenaventura

$16 * 1.2% 83.9% $84

Sport & Entertainment

Montreal

$54 2.6%

Buenaventura

$51 3.9% 4.9% $2.6

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,237 in Montreal versus $653 in Buenaventura. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $73.0 in Montreal versus $43.00 in Buenaventura. Monthly groceries follow the same trend: $351 vs $273 – making Buenaventura the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇨🇴 Buenaventura

🕒 Local time

14:48 2:48 PM

13:48 1:48 PM

1 h behind Montreal

🌤 Weather

👥 Population

1,762,949

365,607

💱 Currency

Canadian Dollar CAD $

Colombian Peso COP $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 23, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Colombian Peso exchange rates as of October 23, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Buenaventura 4,640 km ≈ 6 h nonstop flight

From you

Montreal
Buenaventura

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

Montreal vs Buenaventura: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,059 in Montreal, $1,308 in Buenaventura – roughly 57% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $3,089 per month in Montreal and $1,962 in Buenaventura. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Buenaventura, 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 $73.0 in Montreal and $43.00 in Buenaventura. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 28% more in Montreal, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Buenaventura, where all-in costs run around $1,308, than in Montreal at $2,059. In Buenaventura it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

It depends on your priorities. Montreal has an edge in some lifestyle areas, with costs from $1,308 in Buenaventura to $2,059 in Montreal. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Buenaventura. If higher salaries, better infrastructure, or specific career opportunities are the priority, Montreal makes more sense. Both are solid long-term options with distinct trade-offs.