Cost of Living Comparison Between Montreal and Medellin Cost of Living Comparison Between Montreal and Medellin

Monthly Cost of Living

A single person spends $2,063 per month in Montreal vs $1,013 in Medellin, rent included.

A couple spends around $3,159 per month in Montreal vs $1,602 in Medellin, rent included.

A family of three spends $4,255 per month in Montreal vs $2,192 in Medellin, rent included.

Montreal costs about 104% more than Medellin, driven mainly by Groceries & Markets.

Montreal sits 54% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.92 CA$22.14

$5.99 COP 21.3K

165.78%

Three-Course Dinner for Two, Mid-Range

$73.1 CA$102

$32.86 COP 116.9K

122.31%

Fast Food Meal (McDonalds, etc)

$11.15 CA$15.50

$7.09 COP 25.2K

57.26%

Cappuccino

$3.80 CA$5.29

$1.71 COP 6,093

122.22%

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

$2.18 CA$3.03

$1.10 COP 3,910

98.18%

Water (0.33 liter bottle)

$1.46 CA$2.03

$0.78 COP 2,771

87.18%

Local Beer (0.5 liter draught)

$6.12 CA$8.51

$1.68 COP 5,976

264.29%

Imported Beer (0.33 liter bottle)

$6.78 CA$9.42

$3.07 COP 10.9K

120.85%

Milk (1 liter)

$2.33 CA$3.24

$1.09 COP 3,892

113.76%

White Bread (500g)

$3.39 CA$4.72

$1.26 COP 4,492

169.05%

Rice (white) (1kg)

$3.73 CA$5.19

$1.38 COP 4,905

170.29%

Eggs

$3.38 CA$4.70

$2.19 COP 7,799

54.34%

Local Cheese (1kg)

$16.25 CA$22.60

$4.40 COP 15.7K

269.32%

Chicken Fillets (1kg)

$11.54 CA$16.05

$5.63 COP 20.0K

104.97%

Beef Round Steak (1kg)

$15.24 CA$21.19

$8.89 COP 31.6K

71.43%

Apples (1kg)

$3.74 CA$5.20

$2.34 COP 8,319

59.83%

Banana (1kg)

$1.70 CA$2.37

$1.06 COP 3,764

60.38%

Oranges (1kg)

$4.11 CA$5.71

$1.50 COP 5,355

174.00%

Tomato (1kg)

$4.35 CA$6.05

$1.38 COP 4,906

215.22%

Potato (1kg)

$2.71 CA$3.76

$1.15 COP 4,097

135.65%

Onion (1kg)

$2.62 CA$3.64

$1.16 COP 4,141

125.86%

Lettuce (1 head)

$2.25 CA$3.13

$0.89 COP 3,170

152.81%

Water (1.5 liter bottle)

$1.73 CA$2.40

$0.84 COP 2,986

105.95%

Cigarettes 20 Pack (Marlboro, Camel)

$13.31 CA$18.51

$2.28 COP 8,116

483.77%

Wine (Bottle)

$10.78 CA$15.00

$10.64 COP 37.9K

1.32%

Local Beer (0.5 liter bottle)

$3.01 CA$4.19

$1.20 COP 4,268

150.83%

Imported Beer (0.33 liter bottle)

$3.46 CA$4.82

$2.47 COP 8,793

40.08%

One-way Ticket (Public Transport)

$2.74 CA$3.81

$0.86 COP 3,045

218.60%

Public Transport Monthly Pass (Regular Price)

$72.7 CA$101

$41.40 COP 147.3K

75.53%

Taxi Start (Normal Tariff)

$3.63 CA$5.05

$1.47 COP 5,245

146.94%

Taxi (Normal Tariff) (1km)

$1.46 CA$2.03

$1.96 COP 6,984

-25.51%

Taxi 1hour Waiting (Normal Tariff)

$33.44 CA$46.50

$7.74 COP 27.5K

332.04%

Gasoline (1 liter)

$1.21 CA$1.69

$0.95 COP 3,397

27.37%

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

$24.6K CA$34.3K

$18.1K COP 64.5M

35.94%

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

$21.7K CA$30.2K

$26.5K COP 94.2M

-18.13%

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

$76.0 CA$106

$82.3 COP 292.7K

-7.57%

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

$35.72 CA$49.68

$9.50 COP 33.8K

276.00%

Internet (50+ Mbps, Unlimited Data)

$42.86 CA$59.6

$24.23 COP 86.2K

76.89%

Gym Membership (Monthly)

$42.92 CA$59.7

$25.89 COP 92.1K

65.78%

Tennis Court (1 Hour on Weekend)

$17.23 CA$23.97

$19.00 COP 67.6K

-9.32%

Cinema Ticket

$11.09 CA$15.42

$3.93 COP 14.0K

182.19%

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

$620 CA$862

$309 COP 1.1M

100.24%

International Primary School, 1 Child (Yearly)

$5,834 CA$8,114

$5,965 COP 21.2M

-2.19%

Jeans (Levis 501 Or Similar)

$62.7 CA$87.1

$58.7 COP 208.7K

6.82%

Summer Dress (H&M, Zara, etc)

$44.41 CA$61.8

$32.35 COP 115.1K

37.28%

Sport Shoes (Adidas, Nike)

$101 CA$140

$103 COP 365.1K

-1.83%

Men's Leather Business Shoes

$119 CA$166

$108 COP 385.8K

9.76%

1-bedroom Apartment, City Center (Monthly)

$1,211 CA$1,684

$476 COP 1.7M

154.33%

1-bedroom Apartment, Outside City Center (Monthly)

$960 CA$1,334

$379 COP 1.3M

153.31%

3-bedroom Apartment, City Center (Monthly)

$2,035 CA$2,831

$838 COP 3.0M

142.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,589 CA$2,210

$724 COP 2.6M

119.56%

Buy Apartment in City Center (m2)

$5,181 CA$7,205

$2,791 COP 9.9M

85.65%

Buy Apartment Outside City Center (m2)

$3,934 CA$5,470

$1,211 COP 4.3M

224.73%

Average Monthly Net Salary (After Tax)

$2,960 CA$4,116

$512 COP 1.8M

478.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.01

13.43

-62.70%

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

Last update for Montreal: May 31, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,211 in Montreal versus $476 in Medellin. 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 478% higher in Montreal, 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 $73.0 in Montreal versus $33.00 in Medellin. Monthly groceries follow the same trend: $392 vs $188 – 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

Montreal vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Montreal is pricier by about 104%, 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 $3,094 per month in Montreal and $1,519 in Medellin. 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 $73.0 in Montreal and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,063 in Montreal and $1,013 in Medellin. 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 $1,013, than in Montreal at $2,063. In Medellin it covers expenses comfortably, while in Montreal 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.

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 Medellin. 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.