Living in Medellín or its proximities is actually so economical, that you don’t need a calculator. We make this fast calculation. The average retiree has  pension that can be anywhere between 1700 to 2200 dollars (canadian or usa) and as we know and understand (i dont want to be rude) that money does not go very far in Canada or the USA. But guess what? that money that in north america won´t be enough, here in Medellín will make a very very comfortable life, with everything you need, want and more.