Cost of Living Comparison Between Toronto and Medellin Cost of Living Comparison Between Toronto and Medellin

Monthly Cost of Living

A single person spends $2,668 per month in Toronto vs $1,681 in Medellin, rent included.

A couple spends around $3,801 per month in Toronto vs $2,445 in Medellin, rent included.

A family of three spends $4,934 per month in Toronto vs $3,210 in Medellin, rent included.

Toronto costs about 59% more than Medellin, driven mainly by Eating Out.

Both Toronto and Medellin sit above the global median – Toronto by 95%, Medellin by 23%.

Meal at Budget Restaurant

$18.31 CA$25.62

$8.02 COP 25.0K

128.30%

Three-Course Dinner for Two, Mid-Range

$80.4 CA$112

$47.87 COP 149.4K

67.95%

Fast Food Meal (McDonalds, etc)

$10.61 CA$14.84

$9.89 COP 30.8K

7.28%

Cappuccino

$3.99 CA$5.59

$3.13 COP 9,767

27.48%

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

$2.16 CA$3.02

$1.91 COP 5,954

13.09%

Water (0.33 liter bottle)

$1.76 CA$2.46

$1.51 COP 4,712

16.56%

Local Beer (0.5 liter draught)

$6.65 CA$9.30

$3.12 COP 9,747

113.14%

Imported Beer (0.33 liter bottle)

$7.20 CA$10.07

$5.75 COP 17.9K

25.22%

Milk (1 liter)

$2.84 CA$3.97

$1.44 COP 4,509

97.22%

White Bread (500g)

$2.75 CA$3.85

$2.49 COP 7,759

10.44%

Rice (white) (1kg)

$2.51 CA$3.50

$1.77 COP 5,535

41.81%

Eggs

$3.83 CA$5.35

$2.96 COP 9,235

29.39%

Local Cheese (1kg)

$10.01 CA$14.00

$10.07 COP 31.4K

-0.60%

Chicken Fillets (1kg)

$11.96 CA$16.73

$10.12 COP 31.6K

18.18%

Beef Round Steak (1kg)

$15.63 CA$21.87

$14.30 COP 44.6K

9.30%

Apples (1kg)

$3.67 CA$5.14

$4.14 COP 12.9K

-11.35%

Banana (1kg)

$1.27 CA$1.78

$1.61 COP 5,019

-21.12%

Oranges (1kg)

$3.87 CA$5.41

$2.25 COP 7,007

72.00%

Tomato (1kg)

$4.23 CA$5.91

$2.25 COP 7,028

88.00%

Potato (1kg)

$1.86 CA$2.60

$2.04 COP 6,375

-8.82%

Onion (1kg)

$1.53 CA$2.15

$1.54 COP 4,790

-0.65%

Lettuce (1 head)

$2.30 CA$3.22

$1.17 COP 3,651

96.58%

Water (1.5 liter bottle)

$1.44 CA$2.01

$1.31 COP 4,077

9.92%

Cigarettes 20 Pack (Marlboro, Camel)

$14.12 CA$19.75

$3.90 COP 12.2K

262.05%

Wine (Bottle)

$14.53 CA$20.33

$14.01 COP 43.7K

3.71%

Local Beer (0.5 liter bottle)

$2.22 CA$3.11

$1.74 COP 5,439

27.59%

Imported Beer (0.33 liter bottle)

$2.55 CA$3.57

$2.87 COP 8,956

-11.15%

One-way Ticket (Public Transport)

$2.47 CA$3.46

$1.22 COP 3,792

102.46%

Public Transport Monthly Pass (Regular Price)

$113 CA$158

$80.5 COP 251.1K

40.22%

Taxi Start (Normal Tariff)

$3.10 CA$4.34

$1.31 COP 4,084

136.64%

Taxi (Normal Tariff) (1km)

$1.28 CA$1.78

$2.19 COP 6,825

-41.55%

Taxi 1hour Waiting (Normal Tariff)

$21.87 CA$30.60

$8.71 COP 27.2K

151.09%

Gasoline (1 liter)

$1.23 CA$1.72

$1.37 COP 4,260

-10.22%

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

$27.2K CA$38.1K

$27.8K COP 86.9M

-2.21%

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

$20.3K CA$28.5K

$35.8K COP 111.6M

-43.15%

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

$122 CA$171

$177 COP 553.2K

-30.91%

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

$33.21 CA$46.46

$13.88 COP 43.3K

139.27%

Internet (50+ Mbps, Unlimited Data)

$49.37 CA$69.1

$29.72 COP 92.8K

66.12%

Gym Membership (Monthly)

$40.05 CA$56.0

$44.88 COP 140.1K

-10.76%

Tennis Court (1 Hour on Weekend)

$23.78 CA$33.26

$17.12 COP 53.4K

38.90%

Cinema Ticket

$12.70 CA$17.76

$6.65 COP 20.7K

90.98%

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

$772 CA$1,080

$813 COP 2.5M

-5.02%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.3K

$9,187 COP 28.7M

159.49%

Jeans (Levis 501 Or Similar)

$53.4 CA$74.7

$89.5 COP 279.3K

-40.30%

Summer Dress (H&M, Zara, etc)

$42.13 CA$58.9

$59.0 COP 184.0K

-28.56%

Sport Shoes (Adidas, Nike)

$99.7 CA$139

$138 COP 431.2K

-27.87%

Men's Leather Business Shoes

$123 CA$172

$102 COP 318.7K

20.26%

1-bedroom Apartment, City Center (Monthly)

$1,597 CA$2,234

$1,062 COP 3.3M

50.37%

1-bedroom Apartment, Outside City Center (Monthly)

$1,439 CA$2,013

$663 COP 2.1M

117.04%

3-bedroom Apartment, City Center (Monthly)

$2,738 CA$3,830

$1,888 COP 5.9M

44.99%

3-bedroom Apartment, Outside City Center (Monthly)

$2,163 CA$3,026

$1,027 COP 3.2M

110.61%

Buy Apartment in City Center (m2)

$8,246 CA$11.5K

$4,183 COP 13.1M

97.11%

Buy Apartment Outside City Center (m2)

$6,695 CA$9,366

$1,675 COP 5.2M

299.82%

Average Monthly Net Salary (After Tax)

$3,830 CA$5,358

$678 COP 2.1M

465.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

10.94

-59.14%

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

Last update for Toronto: September 12, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $1,597 in Toronto versus $1,062 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 465% higher in Toronto, 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 $80.0 in Toronto versus $48.00 in Medellin. Monthly groceries follow the same trend: $361 vs $305 – 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

Toronto vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 59%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $4,002 per month in Toronto and $2,521 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 $80.0 in Toronto and $48.00 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 $2,668 in Toronto and $1,681 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,681, than in Toronto at $2,668. In Medellin it covers expenses comfortably, while in Toronto 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.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.