Cost of Living Comparison Between Oakville and Medellin Cost of Living Comparison Between Oakville and Medellin

Monthly Cost of Living

A single person spends $2,638 per month in Oakville vs $1,013 in Medellin, rent included.

A couple spends around $3,811 per month in Oakville vs $1,602 in Medellin, rent included.

A family of three spends $4,984 per month in Oakville vs $2,192 in Medellin, rent included.

Oakville costs about 160% more than Medellin, driven mainly by Groceries & Markets.

Oakville sits 97% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Oakville
Medellin
Difference
Meal at Budget Restaurant
$18.12 CA$25.20
$5.99 COP 21.3K
202.50%
Three-Course Dinner for Two, Mid-Range
$76.1 CA$106
$32.86 COP 116.9K
131.50%
Fast Food Meal (McDonalds, etc)
$11.01 CA$15.30
$7.09 COP 25.2K
55.29%
Cappuccino
$3.80 CA$5.28
$1.71 COP 6,093
122.22%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.13 CA$2.96
$1.10 COP 3,910
93.64%
Water (0.33 liter bottle)
$1.68 CA$2.33
$0.78 COP 2,771
115.38%
Local Beer (0.5 liter draught)
$5.80 CA$8.06
$1.68 COP 5,976
245.24%
Imported Beer (0.33 liter bottle)
$6.52 CA$9.07
$3.07 COP 10.9K
112.38%
🛒 Groceries & Markets
Oakville
Medellin
Difference
Milk (1 liter)
$2.33 CA$3.25
$1.09 COP 3,892
113.76%
White Bread (500g)
$2.81 CA$3.91
$1.26 COP 4,492
123.02%
Rice (white) (1kg)
$3.49 CA$4.85
$1.38 COP 4,905
152.90%
Eggs
$3.29 CA$4.57
$2.19 COP 7,799
50.23%
Local Cheese (1kg)
$13.35 CA$18.57
$4.40 COP 15.7K
203.41%
Chicken Fillets (1kg)
$11.70 CA$16.27
$5.63 COP 20.0K
107.82%
Beef Round Steak (1kg)
$14.39 CA$20.01
$8.89 COP 31.6K
61.87%
Apples (1kg)
$3.83 CA$5.33
$2.34 COP 8,319
63.68%
Banana (1kg)
$1.25 CA$1.74
$1.06 COP 3,764
17.92%
Oranges (1kg)
$3.22 CA$4.47
$1.50 COP 5,355
114.67%
Tomato (1kg)
$4.14 CA$5.76
$1.38 COP 4,906
200.00%
Potato (1kg)
$2.43 CA$3.38
$1.15 COP 4,097
111.30%
Onion (1kg)
$2.84 CA$3.94
$1.16 COP 4,141
144.83%
Lettuce (1 head)
$2.18 CA$3.03
$0.89 COP 3,170
144.94%
Water (1.5 liter bottle)
$2.01 CA$2.79
$0.84 COP 2,986
139.29%
Cigarettes 20 Pack (Marlboro, Camel)
$13.51 CA$18.78
$2.28 COP 8,116
492.54%
Wine (Bottle)
$14.33 CA$19.93
$10.64 COP 37.9K
34.68%
Local Beer (0.5 liter bottle)
$2.40 CA$3.34
$1.20 COP 4,268
100.00%
Imported Beer (0.33 liter bottle)
$3.01 CA$4.19
$2.47 COP 8,793
21.86%
🚌 Getting Around
Oakville
Medellin
Difference
One-way Ticket (Public Transport)
$2.91 CA$4.05
$0.86 COP 3,045
238.37%
Public Transport Monthly Pass (Regular Price)
$101 CA$141
$41.40 COP 147.3K
144.54%
Taxi Start (Normal Tariff)
$3.63 CA$5.05
$1.47 COP 5,245
146.94%
Taxi (Normal Tariff) (1km)
$1.40 CA$1.94
$1.96 COP 6,984
-28.57%
Taxi 1hour Waiting (Normal Tariff)
$23.78 CA$33.07
$7.74 COP 27.5K
207.24%
Gasoline (1 liter)
$1.11 CA$1.54
$0.95 COP 3,397
16.84%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.2K CA$35.1K
$18.1K COP 64.5M
39.25%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.5K CA$29.9K
$26.5K COP 94.2M
-18.83%
🧾 Monthly Utilities & Internet
Oakville
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$120 CA$167
$82.3 COP 292.7K
46.26%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$39.95 CA$55.6
$9.50 COP 33.8K
320.53%
Internet (50+ Mbps, Unlimited Data)
$54.8 CA$76.2
$24.23 COP 86.2K
126.04%
🎉 Sport & Entertainment
Oakville
Medellin
Difference
Gym Membership (Monthly)
$44.89 CA$62.4
$25.89 COP 92.1K
73.39%
Tennis Court (1 Hour on Weekend)
-
$19.00 COP 67.6K
-
Cinema Ticket
$11.67 CA$16.22
$3.93 COP 14.0K
196.95%
🧸 Childcare & Education
Oakville
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,117 CA$1,553
$309 COP 1.1M
260.88%
International Primary School, 1 Child (Yearly)
$18.0K CA$25.1K
$5,965 COP 21.2M
202.03%
👕👟 Clothing & Footwear
Oakville
Medellin
Difference
Jeans (Levis 501 Or Similar)
$58.1 CA$80.8
$58.7 COP 208.7K
-0.95%
Summer Dress (H&M, Zara, etc)
$38.77 CA$53.9
$32.35 COP 115.1K
19.85%
Sport Shoes (Adidas, Nike)
$98.5 CA$137
$103 COP 365.1K
-3.99%
Men's Leather Business Shoes
$113 CA$157
$108 COP 385.8K
3.93%
🏠 Accommodation & Living
Oakville
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,714 CA$2,383
$476 COP 1.7M
259.87%
1-bedroom Apartment, Outside City Center (Monthly)
$1,406 CA$1,956
$379 COP 1.3M
271.26%
3-bedroom Apartment, City Center (Monthly)
$2,596 CA$3,610
$838 COP 3.0M
209.65%
3-bedroom Apartment, Outside City Center (Monthly)
$2,318 CA$3,224
$724 COP 2.6M
220.23%
Buy Apartment in City Center (m2)
$4,218 CA$5,865
$2,791 COP 9.9M
51.14%
Buy Apartment Outside City Center (m2)
$7,181 CA$9,987
$1,211 COP 4.3M
492.84%
💵 Salaries & Financials
Oakville
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,199 CA$4,448
$512 COP 1.8M
524.99%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.62
13.43
-50.71%

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

Last update for Oakville: May 31, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,714 in Oakville 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 525% higher in Oakville, 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 $76.0 in Oakville versus $33.00 in Medellin. Monthly groceries follow the same trend: $373 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
Oakville vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Oakville?
Yes – Oakville is pricier by about 160%, and the gap shows up most in Groceries & Markets. 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 $3,957 per month in Oakville and $1,519 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 Oakville or Medellin?
A mid-range dinner for two costs $76.0 in Oakville 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 Oakville vs Medellin?
Monthly expenses with rent come to $2,638 in Oakville and $1,013 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 Oakville or Medellin?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Oakville at $2,638. In Medellin it covers expenses comfortably, while in Oakville it requires careful planning or may not stretch far enough.
Is Oakville 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, Oakville 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, Oakville makes more sense. Both are solid long-term options with distinct trade-offs.

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