Last update: Oct 2026

Cost of Living Comparison Between Peterborough, Canada and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $2,160 in Peterborough, rent and utilities included – about $6,300 less a year. Rent and utilities account for most of the difference.

Peterborough, Canada
Medellin, Colombia
Peterborough
🇨🇦 Canada
$2,160
/mo nomad
Medellin
🇨🇴 Colombia
$1,639
/mo nomad
Monthly Cost of Living

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

A single person spends $2,160 per month in Peterborough vs $1,639 in Medellin, rent included.

  • Peterborough $2,160
  • Medellin $1,639

A couple spends around $3,020 per month in Peterborough vs $2,413 in Medellin, rent included.

  • Peterborough $3,020
  • Medellin $2,413

A family of three spends $3,879 per month in Peterborough vs $3,186 in Medellin, rent included.

  • Peterborough $3,879
  • Medellin $3,186

Peterborough costs about 32% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Peterborough and Medellin sit above the global median – Peterborough by 59%, Medellin by 20%.

Currency
🍽 Eating Out
Peterborough
Medellin
Difference
Meal at Budget Restaurant
$13.34 CA$18.72
$8.09 COP 25.4K
64.89%
Three-Course Dinner for Two, Mid-Range
$70.3 CA$98.6
$47.05 COP 148.0K
49.39%
Fast Food Meal (McDonalds, etc)
$10.63 CA$14.92
$9.50 COP 29.9K
11.89%
Cappuccino
$3.64 CA$5.11
$3.01 COP 9,485
20.93%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.68 CA$2.36
$1.80 COP 5,660
-6.67%
Water (0.33 liter bottle)
$1.30 CA$1.82
$1.41 COP 4,443
-7.80%
Local Beer (0.5 liter draught)
$5.75 CA$8.06
$3.18 COP 9,990
80.82%
Imported Beer (0.33 liter bottle)
$5.82 CA$8.16
$5.75 COP 18.1K
1.22%
🛒 Groceries & Markets
Peterborough
Medellin
Difference
Milk (1 liter)
$2.45 CA$3.43
$1.51 COP 4,751
62.25%
White Bread (500g)
$2.36 CA$3.31
$2.38 COP 7,480
-0.84%
Rice (white) (1kg)
$2.47 CA$3.47
$1.77 COP 5,573
39.55%
Eggs
$3.26 CA$4.57
$2.89 COP 9,093
12.80%
Local Cheese (1kg)
$11.08 CA$15.55
$10.19 COP 32.1K
8.73%
Chicken Fillets (1kg)
$11.43 CA$16.04
$9.87 COP 31.1K
15.81%
Beef Round Steak (1kg)
$12.94 CA$18.16
$13.99 COP 44.0K
-7.51%
Apples (1kg)
$3.35 CA$4.69
$3.97 COP 12.5K
-15.62%
Banana (1kg)
$1.42 CA$1.99
$1.55 COP 4,883
-8.39%
Oranges (1kg)
$3.32 CA$4.66
$2.18 COP 6,867
52.29%
Tomato (1kg)
$4.04 CA$5.66
$2.18 COP 6,870
85.32%
Potato (1kg)
$1.68 CA$2.35
$1.96 COP 6,174
-14.29%
Onion (1kg)
$2.24 CA$3.14
$1.59 COP 5,000
40.88%
Lettuce (1 head)
$2.29 CA$3.21
$1.15 COP 3,604
99.13%
Water (1.5 liter bottle)
$1.54 CA$2.16
$1.24 COP 3,911
24.19%
Cigarettes 20 Pack (Marlboro, Camel)
$11.26 CA$15.80
$3.96 COP 12.5K
184.34%
Wine (Bottle)
$12.79 CA$17.95
$13.68 COP 43.0K
-6.51%
Local Beer (0.5 liter bottle)
$2.33 CA$3.27
$1.66 COP 5,221
40.36%
Imported Beer (0.33 liter bottle)
$1.57 CA$2.20
$2.26 COP 7,103
-30.53%
🚌 Getting Around
Peterborough
Medellin
Difference
One-way Ticket (Public Transport)
$2.57 CA$3.61
$1.17 COP 3,674
119.66%
Public Transport Monthly Pass (Regular Price)
$55.3 CA$77.6
$77.4 COP 243.4K
-28.53%
Taxi Start (Normal Tariff)
$2.98 CA$4.18
$1.27 COP 3,989
134.65%
Taxi (Normal Tariff) (1km)
$1.25 CA$1.75
$2.05 COP 6,442
-39.02%
Taxi 1hour Waiting (Normal Tariff)
$21.47 CA$30.12
$8.55 COP 26.9K
151.11%
Gasoline (1 liter)
$1.15 CA$1.61
$1.35 COP 4,237
-14.81%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.6K CA$37.3K
$34.1K COP 107.2M
-22.06%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.9K CA$29.3K
$34.7K COP 109.1M
-39.68%
🧾 Monthly Utilities & Internet
Peterborough
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$137 CA$192
$170 COP 533.7K
-19.26%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$35.01 CA$49.14
$13.55 COP 42.6K
158.38%
Internet (50+ Mbps, Unlimited Data)
$44.89 CA$63.0
$28.07 COP 88.3K
59.92%
🎉 Sport & Entertainment
Peterborough
Medellin
Difference
Gym Membership (Monthly)
$36.58 CA$51.3
$43.70 COP 137.5K
-16.29%
Tennis Court (1 Hour on Weekend)
$14.34 CA$20.13
$17.19 COP 54.1K
-16.58%
Cinema Ticket
$11.35 CA$15.93
$6.91 COP 21.7K
64.25%
🧸 Childcare & Education
Peterborough
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$351 CA$493
$797 COP 2.5M
-55.93%
International Primary School, 1 Child (Yearly)
$10.6K CA$14.9K
$9,112 COP 28.7M
16.26%
👕👟 Clothing & Footwear
Peterborough
Medellin
Difference
Jeans (Levis 501 Or Similar)
$44.16 CA$62.0
$84.7 COP 266.5K
-47.88%
Summer Dress (H&M, Zara, etc)
$38.20 CA$53.6
$58.0 COP 182.3K
-34.09%
Sport Shoes (Adidas, Nike)
$86.1 CA$121
$135 COP 424.6K
-36.22%
Men's Leather Business Shoes
$74.2 CA$104
$97.9 COP 307.9K
-24.14%
🏠 Accommodation & Living
Peterborough
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,325 CA$1,859
$1,208 COP 3.8M
9.68%
1-bedroom Apartment, Outside City Center (Monthly)
$1,129 CA$1,584
$642 COP 2.0M
75.95%
3-bedroom Apartment, City Center (Monthly)
$2,005 CA$2,814
$2,028 COP 6.4M
-1.10%
3-bedroom Apartment, Outside City Center (Monthly)
$1,507 CA$2,114
$1,012 COP 3.2M
48.92%
Buy Apartment in City Center (m2)
$6,583 CA$9,238
$4,170 COP 13.1M
57.85%
Buy Apartment Outside City Center (m2)
$6,316 CA$8,864
$1,910 COP 6.0M
230.63%
💵 Salaries & Financials
Peterborough
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,045 CA$4,273
$657 COP 2.1M
363.36%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.55
10.94
-58.41%

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

Last update for Peterborough: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Peterborough
$1.1K
Medellin
$642 43.2% $487
Groceries & Markets
Peterborough
$336
Medellin
$297 11.7% $39
Eating Out
Peterborough
$235
Medellin
$170 27.7% $65
Monthly Utilities & Internet
Peterborough
$217
Medellin
$211 2.6% $5.6
Clothing & Footwear
Peterborough
$109
Medellin
$169 54.7% $60
Getting Around
Peterborough
$75
Medellin
$94 25.1% $19
Sport & Entertainment
Peterborough
$59
Medellin
$58 3% $1.8

Cost Breakdown

A central one-bedroom costs $1,325 in Peterborough versus $1,208 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 in Peterborough are about 4.6 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $70 in Peterborough versus $47 in Medellin. Monthly groceries follow the same trend: $336 vs $297 – making Medellin the more affordable choice for daily food spending.

Good to know
🇨🇦 Peterborough
🇨🇴 Medellin
🕒 Local time
13:45 1:45 PM
12:45 12:45 PM
1 h behind Peterborough
🌤 Weather
👥 Population
81,032
2,486,723
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.56 CAD (1 CAD = 0.64 EUR).

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

On the map
Between locations
  • Peterborough Medellin 4,240 km ≈ 6 h nonstop flight
From you
  • Peterborough
  • 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
Peterborough vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Peterborough?
Yes – Peterborough is pricier by about 32%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,240 per month in Peterborough and $2,459 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
What is the rent difference between Peterborough and Medellin?
A central 1-bedroom goes for about $1,325 in Peterborough and $1,208 in Medellin. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.
Is eating out cheaper in Peterborough or in Medellin?
A mid-range dinner for two costs $70 in Peterborough and $47 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 Peterborough and in Medellin?
Monthly expenses with rent come to $2,160 in Peterborough and $1,639 in Medellin. That’s a gap of about 32%.
Is $2,500 enough for either Peterborough or Medellin?
$2,500 covers both cities comfortably – all-in costs are $2,160 in Peterborough and $1,639 in Medellin, leaving budget for savings and extras in both cases.
Which city suits remote workers better?
For digital nomads, it depends on budget. Medellin costs $1,639 versus $2,160 in Peterborough. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.
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, Peterborough makes more sense. Both are solid long-term options with distinct trade-offs.

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