Last update: Oct 2026

Cost of Living Comparison Between Newmarket, ON and Medellin

For one person, living is cheaper in Medellin: $1,614 a month against $2,489 in Newmarket, ON, rent and utilities included – about $10,500 less a year. Rent and utilities account for most of the difference.

121

Cost of Living Index in Newmarket, ON
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Newmarket, ON Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Newmarket, ON

🇨🇦 Canada

$2,489

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

How much you'll spend in Newmarket, ON and in Medellin

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

A single person spends $2,489 per month in Newmarket, ON vs $1,614 in Medellin, rent included.

Newmarket, ON $2,489
Medellin $1,614

A couple spends around $3,526 per month in Newmarket, ON vs $2,402 in Medellin, rent included.

Newmarket, ON $3,526
Medellin $2,402

A family of three spends $4,564 per month in Newmarket, ON vs $3,190 in Medellin, rent included.

Newmarket, ON $4,564
Medellin $3,190

Newmarket, ON costs about 54% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Newmarket, ON and Medellin sit above the global median – Newmarket, ON by 84%, Medellin by 20%.

Meal at Budget Restaurant

$14.25 CA$20.14

$7.93 COP 25.2K

79.70%

Three-Course Dinner for Two, Mid-Range

$61.2 CA$86.5

$46.13 COP 146.3K

32.58%

Fast Food Meal (McDonalds, etc)

$8.54 CA$12.07

$9.50 COP 30.1K

-10.11%

Cappuccino

$3.48 CA$4.92

$3.11 COP 9,866

11.90%

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

$1.76 CA$2.48

$1.83 COP 5,800

-3.83%

Water (0.33 liter bottle)

$1.34 CA$1.90

$1.38 COP 4,360

-2.90%

Local Beer (0.5 liter draught)

$4.84 CA$6.84

$3.05 COP 9,672

58.69%

Imported Beer (0.33 liter bottle)

$5.80 CA$8.20

$5.50 COP 17.4K

5.45%

Milk (1 liter)

$1.99 CA$2.82

$1.45 COP 4,600

37.24%

White Bread (500g)

$2.74 CA$3.87

$2.36 COP 7,496

16.10%

Rice (white) (1kg)

$4.16 CA$5.88

$1.68 COP 5,328

147.62%

Eggs

$2.78 CA$3.92

$2.86 COP 9,077

-2.80%

Local Cheese (1kg)

$9.20 CA$13.01

$10.19 COP 32.3K

-9.72%

Chicken Fillets (1kg)

$11.14 CA$15.75

$9.53 COP 30.2K

16.89%

Beef Round Steak (1kg)

$9.05 CA$12.80

$14.04 COP 44.5K

-35.54%

Apples (1kg)

$4.22 CA$5.96

$4.07 COP 12.9K

3.69%

Banana (1kg)

$1.17 CA$1.65

$1.50 COP 4,742

-22.00%

Oranges (1kg)

$2.78 CA$3.93

$2.17 COP 6,891

28.11%

Tomato (1kg)

$3.59 CA$5.08

$2.31 COP 7,310

55.41%

Potato (1kg)

$3.41 CA$4.82

$1.93 COP 6,113

76.68%

Onion (1kg)

$2.61 CA$3.69

$1.64 COP 5,196

59.15%

Lettuce (1 head)

$2.26 CA$3.19

$1.13 COP 3,571

100.00%

Water (1.5 liter bottle)

$0.44 CA$0.62

$1.25 COP 3,954

-64.80%

Cigarettes 20 Pack (Marlboro, Camel)

$14.07 CA$19.89

$3.99 COP 12.6K

252.63%

Wine (Bottle)

$10.45 CA$14.77

$13.35 COP 42.3K

-21.72%

Local Beer (0.5 liter bottle)

$3.34 CA$4.72

$1.70 COP 5,384

96.47%

Imported Beer (0.33 liter bottle)

$3.57 CA$5.05

$2.37 COP 7,525

50.63%

One-way Ticket (Public Transport)

$3.30 CA$4.66

$1.21 COP 3,827

172.73%

Public Transport Monthly Pass (Regular Price)

$117 CA$166

$76.5 COP 242.5K

53.59%

Taxi Start (Normal Tariff)

$3.46 CA$4.88

$1.32 COP 4,179

162.12%

Taxi (Normal Tariff) (1km)

$0.68 CA$0.96

$2.14 COP 6,774

-68.22%

Taxi 1hour Waiting (Normal Tariff)

$17.81 CA$25.17

$8.47 COP 26.8K

110.27%

Gasoline (1 liter)

$1.05 CA$1.48

$1.30 COP 4,114

-19.23%

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

$22.7K CA$32.1K

$28.0K COP 88.7M

-18.84%

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

$18.8K CA$26.6K

$35.4K COP 112.3M

-46.94%

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

$96.1 CA$136

$172 COP 545.6K

-44.16%

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

$36.90 CA$52.2

$13.37 COP 42.4K

175.99%

Internet (50+ Mbps, Unlimited Data)

$52.1 CA$73.7

$28.73 COP 91.1K

81.45%

Gym Membership (Monthly)

$40.06 CA$56.6

$45.24 COP 143.5K

-11.45%

Tennis Court (1 Hour on Weekend)

$21.42 CA$30.28

$17.04 COP 54.0K

25.70%

Cinema Ticket

$10.43 CA$14.74

$6.28 COP 19.9K

66.08%

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

$1,177 CA$1,664

$770 COP 2.4M

52.82%

International Primary School, 1 Child (Yearly)

$9,011 COP 28.6M

Jeans (Levis 501 Or Similar)

$55.3 CA$78.2

$86.4 COP 274.0K

-35.97%

Summer Dress (H&M, Zara, etc)

$33.22 CA$46.97

$57.1 COP 181.1K

-41.85%

Sport Shoes (Adidas, Nike)

$88.9 CA$126

$137 COP 432.9K

-34.88%

Men's Leather Business Shoes

$81.6 CA$115

$97.9 COP 310.4K

-16.67%

1-bedroom Apartment, City Center (Monthly)

$1,556 CA$2,199

$1,055 COP 3.3M

47.43%

1-bedroom Apartment, Outside City Center (Monthly)

$1,442 CA$2,038

$616 COP 2.0M

134.14%

3-bedroom Apartment, City Center (Monthly)

$2,328 CA$3,292

$1,892 COP 6.0M

23.04%

3-bedroom Apartment, Outside City Center (Monthly)

$2,169 CA$3,066

$1,023 COP 3.2M

112.01%

Buy Apartment in City Center (m2)

$4,222 CA$5,969

$4,059 COP 12.9M

4.02%

Buy Apartment Outside City Center (m2)

$4,233 CA$5,984

$1,678 COP 5.3M

152.21%

Average Monthly Net Salary (After Tax)

$2,913 CA$4,118

$652 COP 2.1M

346.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

10.94

-58.59%

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

Last update for Newmarket, ON: October 12, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Newmarket, ON

$1.4K 57.9%

Medellin

$616 38.2% 57.3% $826

Groceries & Markets

Newmarket, ON

$317 12.8%

Medellin

$295 18.3% 7.1% $23

Eating Out

Newmarket, ON

$230 9.2%

Medellin

$168 10.4% 26.6% $61

Monthly Utilities & Internet

Newmarket, ON

$185 7.4%

Medellin

$214 13.3% 15.7% $29

Getting Around

Newmarket, ON

$138 5.5%

Medellin

$93 5.8% 32.1% $44

Clothing & Footwear

Newmarket, ON

$117 4.7%

Medellin

$170 10.5% 45.9% $54

Sport & Entertainment

Newmarket, ON

$61 2.5%

Medellin

$58 3.6% 5.1% $3.1

Cost Breakdown

A central one-bedroom costs $1,556 in Newmarket, ON versus $1,055 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 347% 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 $61.0 in Newmarket, ON versus $46.00 in Medellin. Monthly groceries follow the same trend: $317 vs $295 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇦 Newmarket, ON

🇨🇴 Medellin

🕒 Local time

07:36 7:36 AM

06:36 6:36 AM

1 h behind Newmarket, ON

🌤 Weather

👥 Population

87,942

2,486,723

💱 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 19, 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 19, 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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Newmarket, ON Medellin 4,220 km ≈ 6 h nonstop flight

From you

Newmarket, ON
Medellin

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

Newmarket, ON vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Newmarket, ON is pricier by about 54%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,733 per month in Newmarket, ON and $2,421 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 $61.0 in Newmarket, ON and $46.00 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 $2,489 in Newmarket, ON and $1,614 in Medellin. That's a gap of about 54%.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,614, than in Newmarket, ON at $2,489. In Medellin it covers expenses comfortably, while in Newmarket, ON 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, Newmarket, ON makes more sense. Both are solid long-term options with distinct trade-offs.