Cost of Living Comparison Between Newmarket, ON and Medellin Cost of Living Comparison Between Newmarket, ON and Medellin

Monthly Cost of Living

A single person spends $2,618 per month in Newmarket, ON vs $1,031 in Medellin, rent included.

A couple spends around $3,695 per month in Newmarket, ON vs $1,599 in Medellin, rent included.

A family of three spends $4,772 per month in Newmarket, ON vs $2,167 in Medellin, rent included.

Newmarket, ON costs about 154% more than Medellin, driven mainly by Eating Out.

Newmarket, ON sits 96% above the global median, while Medellin is 23% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Newmarket, ON
Medellin
Difference
Meal at Budget Restaurant
$18.23 CA$25.65
$6.16 COP 20.1K
195.94%
Three-Course Dinner for Two, Mid-Range
$50.4 CA$70.9
$32.60 COP 106.1K
54.57%
Fast Food Meal (McDonalds, etc)
$10.42 CA$14.66
$7.34 COP 23.9K
41.96%
Cappuccino
$2.91 CA$4.09
$1.72 COP 5,599
69.19%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.98 CA$2.78
$1.05 COP 3,420
88.57%
Water (0.33 liter bottle)
$1.56 CA$2.19
$0.77 COP 2,515
102.60%
Local Beer (0.5 liter draught)
$4.69 CA$6.61
$1.69 COP 5,487
177.51%
Imported Beer (0.33 liter bottle)
$5.83 CA$8.20
$3.17 COP 10.3K
83.91%
🛒 Groceries & Markets
Newmarket, ON
Medellin
Difference
Milk (1 liter)
$2.04 CA$2.86
$1.05 COP 3,423
94.29%
White Bread (500g)
$2.62 CA$3.69
$1.30 COP 4,236
101.54%
Rice (white) (1kg)
$3.80 CA$5.35
$1.40 COP 4,544
171.43%
Eggs
$3.38 CA$4.76
$2.16 COP 7,046
56.48%
Local Cheese (1kg)
$10.15 CA$14.28
$4.39 COP 14.3K
131.21%
Chicken Fillets (1kg)
$11.16 CA$15.70
$5.88 COP 19.1K
89.80%
Beef Round Steak (1kg)
$9.25 CA$13.02
$8.64 COP 28.1K
7.06%
Apples (1kg)
$3.46 CA$4.86
$2.28 COP 7,425
51.75%
Banana (1kg)
$1.17 CA$1.64
$1.11 COP 3,603
5.41%
Oranges (1kg)
$3.97 CA$5.59
$1.53 COP 4,982
159.48%
Tomato (1kg)
$4.18 CA$5.89
$1.35 COP 4,410
209.63%
Potato (1kg)
$4.70 CA$6.61
$1.13 COP 3,674
315.93%
Onion (1kg)
$3.31 CA$4.66
$1.13 COP 3,692
192.92%
Lettuce (1 head)
$2.69 CA$3.79
$0.85 COP 2,753
216.47%
Water (1.5 liter bottle)
$0.49 CA$0.70
$0.91 COP 2,975
-46.15%
Cigarettes 20 Pack (Marlboro, Camel)
$13.90 CA$19.55
$2.34 COP 7,629
494.02%
Wine (Bottle)
$10.74 CA$15.12
$12.37 COP 40.3K
-13.18%
Local Beer (0.5 liter bottle)
$3.20 CA$4.50
$1.20 COP 3,909
166.67%
Imported Beer (0.33 liter bottle)
$2.87 CA$4.04
$2.49 COP 8,104
15.26%
🚌 Getting Around
Newmarket, ON
Medellin
Difference
One-way Ticket (Public Transport)
$3.57 CA$5.02
$0.84 COP 2,727
325.00%
Public Transport Monthly Pass (Regular Price)
$120 CA$169
$40.57 COP 132.1K
196.48%
Taxi Start (Normal Tariff)
$3.57 CA$5.02
$1.42 COP 4,623
151.41%
Taxi (Normal Tariff) (1km)
$2.72 CA$3.83
$1.92 COP 6,235
41.67%
Taxi 1hour Waiting (Normal Tariff)
$21.80 CA$30.68
$7.66 COP 24.9K
184.60%
Gasoline (1 liter)
$1.09 CA$1.53
$0.99 COP 3,223
10.10%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.2K CA$25.6K
$18.0K COP 58.7M
0.74%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.5K CA$28.8K
$26.6K COP 86.7M
-23.06%
🧾 Monthly Utilities & Internet
Newmarket, ON
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$99.1 CA$139
$80.8 COP 263.1K
22.62%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$51.0 CA$71.8
$9.95 COP 32.4K
412.46%
Internet (50+ Mbps, Unlimited Data)
$72.5 CA$102
$24.18 COP 78.7K
199.75%
🎉 Sport & Entertainment
Newmarket, ON
Medellin
Difference
Gym Membership (Monthly)
$41.45 CA$58.3
$25.08 COP 81.6K
65.27%
Tennis Court (1 Hour on Weekend)
$22.00 CA$30.96
$19.15 COP 62.3K
14.88%
Cinema Ticket
$11.12 CA$15.64
$3.98 COP 13.0K
179.40%
🧸 Childcare & Education
Newmarket, ON
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,352 CA$1,902
$305 COP 993.4K
342.96%
International Primary School, 1 Child (Yearly)
$11.7K CA$16.4K
$6,059 COP 19.7M
92.91%
👕👟 Clothing & Footwear
Newmarket, ON
Medellin
Difference
Jeans (Levis 501 Or Similar)
$59.2 CA$83.4
$58.1 COP 189.2K
1.91%
Summer Dress (H&M, Zara, etc)
$36.15 CA$50.9
$32.20 COP 104.8K
12.27%
Sport Shoes (Adidas, Nike)
$93.6 CA$132
$101 COP 327.9K
-7.06%
Men's Leather Business Shoes
$85.3 CA$120
$108 COP 350.8K
-20.85%
🏠 Accommodation & Living
Newmarket, ON
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,635 CA$2,301
$477 COP 1.6M
243.06%
1-bedroom Apartment, Outside City Center (Monthly)
$1,494 CA$2,103
$376 COP 1.2M
297.26%
3-bedroom Apartment, City Center (Monthly)
$2,413 CA$3,395
$845 COP 2.7M
185.62%
3-bedroom Apartment, Outside City Center (Monthly)
$2,280 CA$3,209
$730 COP 2.4M
212.19%
Buy Apartment in City Center (m2)
$4,253 CA$5,984
$3,215 COP 10.5M
32.25%
Buy Apartment Outside City Center (m2)
$4,385 CA$6,170
$1,372 COP 4.5M
219.51%
💵 Salaries & Financials
Newmarket, ON
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,024 CA$4,255
$617 COP 2.0M
390.25%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.2
13.43
-53.83%

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

Last update for Newmarket, ON: July 14, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $1,635 in Newmarket, ON versus $477 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 390% higher in Newmarket, ON, 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 $50.0 in Newmarket, ON versus $33.00 in Medellin. Monthly groceries follow the same trend: $331 vs $193 – 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
Newmarket, ON vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Newmarket, ON?
Yes – Newmarket, ON is pricier by about 154%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,927 per month in Newmarket, ON and $1,546 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Newmarket, ON or in Medellin?
A mid-range dinner for two costs $50.0 in Newmarket, ON and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Newmarket, ON and in Medellin?
Monthly expenses with rent come to $2,618 in Newmarket, ON and $1,031 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,500 a realistic budget for living in Newmarket, ON or in Medellin?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,031, than in Newmarket, ON at $2,618. In Medellin it covers expenses comfortably, while in Newmarket, ON it requires careful planning or may not stretch far enough.
Is Newmarket, ON or Medellin more family-friendly?
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.
Which city is safer, Newmarket, ON or Medellin?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Newmarket, ON makes more sense. Both are solid long-term options with distinct trade-offs.

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