Cost of Living Comparison Between Yellowknife and Medellin Cost of Living Comparison Between Yellowknife and Medellin

Monthly Cost of Living

A single person spends $3,019 per month in Yellowknife vs $1,716 in Medellin, rent included.

A couple spends around $4,249 per month in Yellowknife vs $2,527 in Medellin, rent included.

A family of three spends $5,479 per month in Yellowknife vs $3,338 in Medellin, rent included.

Yellowknife costs about 76% more than Medellin, driven mainly by Groceries & Markets.

Both Yellowknife and Medellin sit above the global median – Yellowknife by 120%, Medellin by 25%.

Meal at Budget Restaurant

$19.49 CA$27.08

$8.03 COP 25.3K

142.71%

Three-Course Dinner for Two, Mid-Range

$86.1 CA$120

$48.26 COP 152.3K

78.37%

Fast Food Meal (McDonalds, etc)

$8.88 CA$12.33

$9.77 COP 30.8K

-9.11%

Cappuccino

$4.37 CA$6.07

$2.91 COP 9,185

50.17%

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

$2.38 CA$3.31

$1.94 COP 6,134

22.68%

Water (0.33 liter bottle)

$2.08 CA$2.90

$1.52 COP 4,801

36.84%

Local Beer (0.5 liter draught)

$6.69 CA$9.30

$3.09 COP 9,759

116.50%

Imported Beer (0.33 liter bottle)

$7.25 CA$10.07

$5.74 COP 18.1K

26.31%

Milk (1 liter)

$2.93 CA$4.07

$1.36 COP 4,304

115.44%

White Bread (500g)

$2.69 CA$3.74

$2.39 COP 7,534

12.55%

Rice (white) (1kg)

$4.69 CA$6.51

$1.70 COP 5,366

175.88%

Eggs

$3.22 CA$4.48

$2.87 COP 9,056

12.20%

Local Cheese (1kg)

$7.47 CA$10.39

$9.94 COP 31.4K

-24.85%

Chicken Fillets (1kg)

$16.46 CA$22.87

$10.78 COP 34.0K

52.69%

Beef Round Steak (1kg)

$16.00 CA$22.23

$14.73 COP 46.5K

8.62%

Apples (1kg)

$4.97 CA$6.90

$4.09 COP 12.9K

21.52%

Banana (1kg)

$1.48 CA$2.06

$1.57 COP 4,960

-5.73%

Oranges (1kg)

$5.36 CA$7.45

$2.13 COP 6,708

151.64%

Tomato (1kg)

$7.34 CA$10.19

$2.21 COP 6,985

232.13%

Potato (1kg)

$4.62 CA$6.42

$2.05 COP 6,460

125.37%

Onion (1kg)

$3.52 CA$4.89

$1.50 COP 4,747

134.67%

Lettuce (1 head)

$3.58 CA$4.97

$1.19 COP 3,755

200.84%

Water (1.5 liter bottle)

$1.11 CA$1.54

$1.16 COP 3,654

-4.31%

Cigarettes 20 Pack (Marlboro, Camel)

$17.59 CA$24.45

$3.90 COP 12.3K

351.03%

Wine (Bottle)

$14.70 CA$20.43

$14.44 COP 45.6K

1.80%

Local Beer (0.5 liter bottle)

$4.26 CA$5.92

$1.58 COP 4,997

169.62%

Imported Beer (0.33 liter bottle)

$6.34 CA$8.81

$2.83 COP 8,923

124.03%

One-way Ticket (Public Transport)

$2.21 CA$3.08

$1.17 COP 3,686

88.89%

Public Transport Monthly Pass (Regular Price)

$54.2 CA$75.3

$77.7 COP 245.3K

-30.31%

Taxi Start (Normal Tariff)

$3.16 CA$4.40

$1.28 COP 4,054

146.88%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.96

$2.09 COP 6,602

-32.54%

Taxi 1hour Waiting (Normal Tariff)

$8.62 COP 27.2K

Gasoline (1 liter)

$1.27 CA$1.77

$1.30 COP 4,096

-2.31%

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

$24.9K CA$34.5K

$27.7K COP 87.3M

-10.12%

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

$19.2K CA$26.7K

$35.5K COP 112.0M

-45.80%

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

$364 CA$506

$176 COP 555.6K

106.76%

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

$58.5 CA$81.3

$13.37 COP 42.2K

337.32%

Internet (50+ Mbps, Unlimited Data)

$99.5 CA$138

$29.89 COP 94.3K

232.85%

Gym Membership (Monthly)

$74.1 CA$103

$44.76 COP 141.2K

65.62%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.8K

Cinema Ticket

$10.20 CA$14.17

$6.20 COP 19.6K

64.52%

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

$599 CA$833

$793 COP 2.5M

-24.48%

International Primary School, 1 Child (Yearly)

$9,019 COP 28.5M

Jeans (Levis 501 Or Similar)

$65.1 CA$90.5

$85.6 COP 270.1K

-23.91%

Summer Dress (H&M, Zara, etc)

$36.21 CA$50.3

$58.5 COP 184.5K

-38.07%

Sport Shoes (Adidas, Nike)

$104 CA$145

$136 COP 430.1K

-23.40%

Men's Leather Business Shoes

$118 CA$164

$103 COP 325.4K

14.53%

1-bedroom Apartment, City Center (Monthly)

$1,459 CA$2,027

$1,060 COP 3.3M

37.69%

1-bedroom Apartment, Outside City Center (Monthly)

$1,419 CA$1,972

$680 COP 2.1M

108.81%

3-bedroom Apartment, City Center (Monthly)

$2,163 CA$3,006

$2,012 COP 6.3M

7.49%

3-bedroom Apartment, Outside City Center (Monthly)

$2,117 CA$2,942

$1,169 COP 3.7M

81.20%

Buy Apartment in City Center (m2)

$3,098 CA$4,305

$4,111 COP 13.0M

-24.65%

Buy Apartment Outside City Center (m2)

$2,840 CA$3,946

$1,701 COP 5.4M

66.90%

Average Monthly Net Salary (After Tax)

$4,117 CA$5,721

$665 COP 2.1M

518.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.32

10.94

-51.37%

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

Last update for Yellowknife: August 30, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,459 in Yellowknife versus $1,060 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 519% higher in Yellowknife, 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 $86.0 in Yellowknife versus $48.00 in Medellin. Monthly groceries follow the same trend: $444 vs $303 – 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

Yellowknife vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Yellowknife is pricier by about 76%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $4,528 per month in Yellowknife and $2,574 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 $86.0 in Yellowknife 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 $3,019 in Yellowknife and $1,716 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 $1,716, than in Yellowknife at $3,019. In Medellin it covers expenses comfortably, while in Yellowknife 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, Yellowknife makes more sense. Both are solid long-term options with distinct trade-offs.