Cost of Living Comparison Between Terrace and Medellin Cost of Living Comparison Between Terrace and Medellin

😐 Solo nomad: Terrace is 88.5% more expensive than Medellin without rent, and 86.8% more expensive with rent.
😐 Family of 3: Terrace is 88.5% more expensive than Medellin without rent, and 79.8% more expensive with rent.
Currency
🍽 Eating Out
Terrace
Medellin
Difference
Meal at Budget Restaurant
$18.58 CA$25.45
$6.03 COP 22.7K
208.13%
Three-Course Dinner for Two, Mid-Range
$83.2 CA$114
$33.17 COP 124.8K
150.68%
Fast Food Meal (McDonalds, etc)
$11.03 CA$15.11
$7.29 COP 27.4K
51.30%
Cappuccino
$3.70 CA$5.07
$1.63 COP 6,133
126.99%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.06 CA$2.82
$1.05 COP 3,947
96.19%
Water (0.33 liter bottle)
$1.73 CA$2.37
$0.77 COP 2,899
124.68%
Local Beer (0.5 liter draught)
$4.31 CA$5.91
$1.73 COP 6,510
149.13%
Imported Beer (0.33 liter bottle)
$5.91 CA$8.10
$3.18 COP 12.0K
85.85%
🛒 Groceries & Markets
Terrace
Medellin
Difference
Milk (1 liter)
$2.45 CA$3.35
$1.07 COP 4,015
128.97%
White Bread (500g)
$2.76 CA$3.78
$1.31 COP 4,935
110.69%
Rice (white) (1kg)
$5.37 CA$7.35
$1.38 COP 5,195
289.13%
Eggs
$3.82 CA$5.23
$2.25 COP 8,457
69.78%
Local Cheese (1kg)
$8.98 CA$12.31
$4.48 COP 16.9K
100.45%
Chicken Fillets (1kg)
$15.72 CA$21.54
$5.74 COP 21.6K
173.87%
Beef Round Steak (1kg)
$14.22 CA$19.48
$8.86 COP 33.3K
60.50%
Apples (1kg)
$4.25 CA$5.82
$2.24 COP 8,438
89.73%
Banana (1kg)
$1.26 CA$1.73
$1.06 COP 3,988
18.87%
Oranges (1kg)
$3.26 CA$4.47
$1.51 COP 5,697
115.89%
Tomato (1kg)
$3.87 CA$5.31
$1.36 COP 5,119
184.56%
Potato (1kg)
$3.31 CA$4.54
$1.12 COP 4,218
195.54%
Onion (1kg)
$3.13 CA$4.29
$1.17 COP 4,400
167.52%
Lettuce (1 head)
$2.59 CA$3.55
$0.90 COP 3,395
187.78%
Water (1.5 liter bottle)
$1.00 CA$1.37
$0.84 COP 3,150
19.05%
Cigarettes 20 Pack (Marlboro, Camel)
$11.83 CA$16.21
$2.26 COP 8,501
423.45%
Wine (Bottle)
$13.65 CA$18.70
$9.97 COP 37.5K
36.91%
Local Beer (0.5 liter bottle)
$2.19 CA$3.00
$1.18 COP 4,451
85.59%
Imported Beer (0.33 liter bottle)
$1.95 CA$2.68
$2.39 COP 8,993
-18.41%
🚌 Getting Around
Terrace
Medellin
Difference
One-way Ticket (Public Transport)
$1.45 CA$1.99
$0.86 COP 3,233
68.60%
Public Transport Monthly Pass (Regular Price)
$32.29 CA$44.24
$41.45 COP 156.0K
-22.10%
Taxi Start (Normal Tariff)
$3.11 CA$4.26
$1.47 COP 5,521
111.56%
Taxi (Normal Tariff) (1km)
$1.50 CA$2.05
$1.95 COP 7,323
-23.08%
Taxi 1hour Waiting (Normal Tariff)
$26.15 CA$35.83
$7.76 COP 29.2K
236.98%
Gasoline (1 liter)
$1.20 CA$1.64
$0.97 COP 3,640
23.71%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.2K CA$39.9K
$17.9K COP 67.5M
62.43%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.7K CA$28.3K
$26.7K COP 100.6M
-22.56%
🧾 Monthly Utilities & Internet
Terrace
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$98.0 CA$134
$81.1 COP 305.2K
20.86%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$40.84 CA$56.0
$9.40 COP 35.4K
334.47%
Internet (50+ Mbps, Unlimited Data)
$61.8 CA$84.7
$23.61 COP 88.8K
161.71%
🎉 Sport & Entertainment
Terrace
Medellin
Difference
Gym Membership (Monthly)
$43.74 CA$59.9
$25.55 COP 96.1K
71.19%
Tennis Court (1 Hour on Weekend)
-
$19.29 COP 72.6K
-
Cinema Ticket
$9.15 CA$12.53
$4.10 COP 15.4K
123.17%
🧸 Childcare & Education
Terrace
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$727 CA$996
$306 COP 1.2M
137.49%
International Primary School, 1 Child (Yearly)
$11.6K CA$15.9K
$5,899 COP 22.2M
96.35%
👕👟 Clothing & Footwear
Terrace
Medellin
Difference
Jeans (Levis 501 Or Similar)
$38.59 CA$52.9
$59.8 COP 225.1K
-35.49%
Summer Dress (H&M, Zara, etc)
$31.51 CA$43.17
$31.96 COP 120.3K
-1.41%
Sport Shoes (Adidas, Nike)
$82.5 CA$113
$103 COP 386.5K
-19.63%
Men's Leather Business Shoes
$46.91 CA$64.3
$108 COP 405.9K
-56.51%
🏠 Accommodation & Living
Terrace
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,046 CA$1,433
$483 COP 1.8M
116.43%
1-bedroom Apartment, Outside City Center (Monthly)
$871 CA$1,193
$377 COP 1.4M
130.79%
3-bedroom Apartment, City Center (Monthly)
$1,685 CA$2,308
$822 COP 3.1M
105.10%
3-bedroom Apartment, Outside City Center (Monthly)
$1,394 CA$1,910
$721 COP 2.7M
93.37%
Buy Apartment in City Center (m2)
$4,402 CA$6,031
$2,784 COP 10.5M
58.13%
Buy Apartment Outside City Center (m2)
$3,549 CA$4,862
$1,320 COP 5.0M
168.82%
💵 Salaries & Financials
Terrace
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,224 CA$4,417
$538 COP 2.0M
499.65%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.22
13.43
-61.13%

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

Last update for Terrace: March 1, 2026

Last update for Medellin: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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