Last update: Oct 2026

Cost of Living Comparison Between Oakville and Medellin

For one person, living is cheaper in Medellin: $1,625 a month against $2,641 in Oakville, rent and utilities included – about $12,200 less a year. Rent and utilities account for most of the difference.

Oakville
🇨🇦 Canada
$2,641
/mo nomad
Medellin
🇨🇴 Colombia
$1,625
/mo nomad
Monthly Cost of Living

How much you'll spend in Oakville 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 Oakville and in Medellin actually costs, broken down by who's living it.

A single person spends $2,641 per month in Oakville vs $1,625 in Medellin, rent included.

  • Oakville $2,641
  • Medellin $1,625

A couple spends around $3,848 per month in Oakville vs $2,412 in Medellin, rent included.

  • Oakville $3,848
  • Medellin $2,412

A family of three spends $5,054 per month in Oakville vs $3,199 in Medellin, rent included.

  • Oakville $5,054
  • Medellin $3,199

Oakville costs about 63% more than Medellin, and outside of rent the biggest gap is in groceries.

Both Oakville and Medellin sit above the global median – Oakville by 95%, Medellin by 20%.

Currency
🍽 Eating Out
Oakville
Medellin
Difference
Meal at Budget Restaurant
$14.43 CA$20.39
$8.30 COP 26.3K
73.86%
Three-Course Dinner for Two, Mid-Range
$71.8 CA$102
$46.91 COP 148.7K
53.14%
Fast Food Meal (McDonalds, etc)
$9.34 CA$13.20
$9.24 COP 29.3K
1.08%
Cappuccino
$3.84 CA$5.42
$3.05 COP 9,676
25.90%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.20 CA$3.10
$1.80 COP 5,707
22.22%
Water (0.33 liter bottle)
$1.74 CA$2.45
$1.38 COP 4,382
26.09%
Local Beer (0.5 liter draught)
$5.83 CA$8.24
$3.24 COP 10.3K
79.94%
Imported Beer (0.33 liter bottle)
$6.48 CA$9.17
$5.56 COP 17.6K
16.55%
🛒 Groceries & Markets
Oakville
Medellin
Difference
Milk (1 liter)
$2.56 CA$3.62
$1.50 COP 4,760
70.67%
White Bread (500g)
$3.30 CA$4.67
$2.37 COP 7,508
39.24%
Rice (white) (1kg)
$3.50 CA$4.94
$1.70 COP 5,377
105.88%
Eggs
$4.18 CA$5.91
$2.96 COP 9,379
41.22%
Local Cheese (1kg)
$10.42 CA$14.74
$10.22 COP 32.4K
1.96%
Chicken Fillets (1kg)
$11.95 CA$16.90
$9.74 COP 30.9K
22.69%
Beef Round Steak (1kg)
$19.22 CA$27.17
$13.90 COP 44.1K
38.27%
Apples (1kg)
$3.34 CA$4.72
$4.13 COP 13.1K
-19.13%
Banana (1kg)
$1.93 CA$2.72
$1.53 COP 4,839
26.14%
Oranges (1kg)
$3.28 CA$4.64
$2.22 COP 7,052
47.75%
Tomato (1kg)
$2.93 CA$4.14
$2.27 COP 7,194
29.07%
Potato (1kg)
$2.34 CA$3.31
$1.99 COP 6,311
17.59%
Onion (1kg)
$2.60 CA$3.68
$1.67 COP 5,285
55.69%
Lettuce (1 head)
$2.25 CA$3.18
$1.18 COP 3,742
90.68%
Water (1.5 liter bottle)
$1.73 CA$2.45
$1.24 COP 3,919
39.52%
Cigarettes 20 Pack (Marlboro, Camel)
$14.25 CA$20.14
$3.87 COP 12.3K
268.22%
Wine (Bottle)
$13.23 CA$18.71
$13.78 COP 43.7K
-3.99%
Local Beer (0.5 liter bottle)
$3.20 CA$4.52
$1.66 COP 5,256
92.77%
Imported Beer (0.33 liter bottle)
$2.41 CA$3.41
$2.40 COP 7,615
0.42%
🚌 Getting Around
Oakville
Medellin
Difference
One-way Ticket (Public Transport)
$2.77 CA$3.92
$1.24 COP 3,944
123.39%
Public Transport Monthly Pass (Regular Price)
$97.2 CA$137
$78.2 COP 248.0K
24.33%
Taxi Start (Normal Tariff)
-
$1.28 COP 4,044
-
Taxi (Normal Tariff) (1km)
-
$2.15 COP 6,803
-
Taxi 1hour Waiting (Normal Tariff)
-
$8.37 COP 26.5K
-
Gasoline (1 liter)
$1.16 CA$1.64
$1.35 COP 4,288
-14.07%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.1K CA$39.7K
$34.8K COP 110.2M
-19.21%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.3K CA$30.1K
$34.7K COP 110.0M
-38.63%
🧾 Monthly Utilities & Internet
Oakville
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$91.0 CA$129
$167 COP 528.4K
-45.42%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.41 CA$40.16
$13.62 COP 43.2K
108.59%
Internet (50+ Mbps, Unlimited Data)
$45.95 CA$65.0
$29.12 COP 92.3K
57.80%
🎉 Sport & Entertainment
Oakville
Medellin
Difference
Gym Membership (Monthly)
$42.03 CA$59.4
$45.09 COP 143.0K
-6.79%
Tennis Court (1 Hour on Weekend)
-
$17.18 COP 54.5K
-
Cinema Ticket
$9.76 CA$13.80
$6.97 COP 22.1K
40.03%
🧸 Childcare & Education
Oakville
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,154 CA$1,632
$790 COP 2.5M
46.12%
International Primary School, 1 Child (Yearly)
$16.6K CA$23.5K
$9,041 COP 28.7M
84.08%
👕👟 Clothing & Footwear
Oakville
Medellin
Difference
Jeans (Levis 501 Or Similar)
$68.2 CA$96.3
$87.8 COP 278.4K
-22.38%
Summer Dress (H&M, Zara, etc)
$93.2 CA$132
$58.2 COP 184.4K
60.31%
Sport Shoes (Adidas, Nike)
$128 CA$181
$139 COP 440.7K
-8.05%
Men's Leather Business Shoes
$107 CA$152
$98.9 COP 313.5K
8.59%
🏠 Accommodation & Living
Oakville
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,859 CA$2,628
$1,028 COP 3.3M
80.81%
1-bedroom Apartment, Outside City Center (Monthly)
$1,497 CA$2,116
$620 COP 2.0M
141.65%
3-bedroom Apartment, City Center (Monthly)
$3,590 CA$5,075
$1,881 COP 6.0M
90.88%
3-bedroom Apartment, Outside City Center (Monthly)
$2,384 CA$3,371
$1,008 COP 3.2M
136.63%
Buy Apartment in City Center (m2)
$4,866 CA$6,879
$3,988 COP 12.6M
22.02%
Buy Apartment Outside City Center (m2)
$6,100 CA$8,623
$1,702 COP 5.4M
258.40%
💵 Salaries & Financials
Oakville
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,090 CA$4,369
$663 COP 2.1M
365.87%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.26
10.94
-51.92%

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

Last update for Oakville: October 19, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Oakville
$1.5K
Medellin
$619 58.6% $878
Groceries & Markets
Oakville
$383
Medellin
$298 22.3% $85
Eating Out
Oakville
$247
Medellin
$171 30.9% $76
Clothing & Footwear
Oakville
$178
Medellin
$173 3.2% $5.7
Monthly Utilities & Internet
Oakville
$165
Medellin
$209 26.7% $44
Getting Around
Oakville
$108 *
Medellin
$95 12.1% $13
Sport & Entertainment
Oakville
$62
Medellin
$59 4.1% $2.5

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

Cost Breakdown

A central one-bedroom costs $1,859 in Oakville versus $1,028 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 366% 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 $72.0 in Oakville versus $47.00 in Medellin. Monthly groceries follow the same trend: $383 vs $298 – making Medellin the more affordable choice for daily food spending.

Good to know
🇨🇦 Oakville
🇨🇴 Medellin
🕒 Local time
07:38 7:38 AM
06:38 6:38 AM
1 h behind Oakville
🌤 Weather
👥 Population
193,832
2,486,723
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 20, 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 20, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

On the map
Between locations
  • Oakville Medellin 4,150 km ≈ 6 h nonstop flight
From you
  • Oakville
  • 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
Oakville vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Oakville?
Yes – Oakville is pricier by about 63%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $3,962 per month in Oakville and $2,437 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 in Medellin?
A mid-range dinner for two costs $72.0 in Oakville and $47.00 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 and in Medellin?
Monthly expenses with rent come to $2,641 in Oakville and $1,625 in Medellin. That's a gap of about 63%.
Is $2,500 a realistic budget for living in Oakville or in Medellin?
A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in Oakville at $2,641. 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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