Last update: Oct 2026

Cost of Living Comparison Between Albuquerque, NM and Toronto

For one person, living is cheaper in Albuquerque, NM: $2,381 a month against $2,530 in Toronto, rent and utilities included – about $1,800 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

114

Cost of Living Index in Albuquerque, NM
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Albuquerque, NM Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

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Albuquerque, NM

🇺🇸 United States

$2,381

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

How much you'll spend in Albuquerque, NM and in Toronto

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Albuquerque, NM and in Toronto actually costs, broken down by who's living it.

A single person spends $2,381 per month in Albuquerque, NM vs $2,530 in Toronto, rent included.

Albuquerque, NM $2,381
Toronto $2,530

A couple spends around $3,551 per month in Albuquerque, NM vs $3,646 in Toronto, rent included.

Albuquerque, NM $3,551
Toronto $3,646

A family of three spends $4,721 per month in Albuquerque, NM vs $4,761 in Toronto, rent included.

Albuquerque, NM $4,721
Toronto $4,761

Albuquerque, NM is about 6% cheaper than Toronto, and outside of rent the biggest gap is in transport.

Both Albuquerque, NM and Toronto sit above the global median – Albuquerque, NM by 78%, Toronto by 89%.

Meal at Budget Restaurant

$16.88 $16.88

$17.67 CA$25.19

-4.47%

Three-Course Dinner for Two, Mid-Range

$69.0 $69.0

$77.4 CA$110

-10.83%

Fast Food Meal (McDonalds, etc)

$10.12 $10.12

$10.47 CA$14.93

-3.34%

Cappuccino

$4.94 $4.94

$4.08 CA$5.81

21.08%

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

$2.85 $2.85

$2.12 CA$3.02

34.43%

Water (0.33 liter bottle)

$2.47 $2.47

$1.76 CA$2.51

40.34%

Local Beer (0.5 liter draught)

$5.91 $5.91

$6.17 CA$8.80

-4.21%

Imported Beer (0.33 liter bottle)

$8.15 $8.15

$6.89 CA$9.82

18.29%

Milk (1 liter)

$0.92 $0.92

$2.43 CA$3.46

-62.14%

White Bread (500g)

$3.19 $3.19

$2.75 CA$3.92

16.00%

Rice (white) (1kg)

$4.57 $4.57

$2.23 CA$3.18

104.93%

Eggs

$4.72 $4.72

$3.45 CA$4.91

36.81%

Local Cheese (1kg)

$11.76 $11.76

$8.93 CA$12.73

31.69%

Chicken Fillets (1kg)

$9.61 $9.61

$11.44 CA$16.31

-16.00%

Beef Round Steak (1kg)

$20.63 $20.63

$14.61 CA$20.83

41.20%

Apples (1kg)

$4.66 $4.66

$3.75 CA$5.34

24.27%

Banana (1kg)

$1.49 $1.49

$1.15 CA$1.64

29.57%

Oranges (1kg)

$4.26 $4.26

$3.55 CA$5.06

20.00%

Tomato (1kg)

$5.31 $5.31

$4.28 CA$6.10

24.07%

Potato (1kg)

$3.13 $3.13

$1.85 CA$2.63

69.19%

Onion (1kg)

$3.21 $3.21

$1.67 CA$2.38

92.22%

Lettuce (1 head)

$2.06 $2.06

$2.22 CA$3.16

-7.21%

Water (1.5 liter bottle)

$2.81 $2.81

$1.21 CA$1.72

132.23%

Cigarettes 20 Pack (Marlboro, Camel)

$10.44 $10.44

$13.88 CA$19.78

-24.78%

Wine (Bottle)

$13.81 $13.81

$14.25 CA$20.31

-3.09%

Local Beer (0.5 liter bottle)

$2.42 $2.42

$2.20 CA$3.13

10.00%

Imported Beer (0.33 liter bottle)

$3.71 $3.71

$2.42 CA$3.45

53.31%

One-way Ticket (Public Transport)

$2.42 CA$3.44

Public Transport Monthly Pass (Regular Price)

$3.98 $3.98

$111 CA$158

-96.41%

Taxi Start (Normal Tariff)

$3.58 $3.58

$2.90 CA$4.13

23.45%

Taxi (Normal Tariff) (1km)

$2.05 $2.05

$1.26 CA$1.80

62.70%

Taxi 1hour Waiting (Normal Tariff)

$31.88 $31.88

$22.03 CA$31.40

44.71%

Gasoline (1 liter)

$0.97 $0.97

$1.22 CA$1.74

-20.49%

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

$31.2K $31.2K

$27.6K CA$39.4K

13.06%

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

$24.3K $24.3K

$19.8K CA$28.3K

22.40%

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

$158 $158

$122 CA$174

29.65%

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

$63.6 $63.6

$32.03 CA$45.66

98.63%

Internet (50+ Mbps, Unlimited Data)

$71.9 $71.9

$47.92 CA$68.3

49.98%

Gym Membership (Monthly)

$48.45 $48.45

$38.90 CA$55.5

24.55%

Tennis Court (1 Hour on Weekend)

$14.35 $14.35

$23.24 CA$33.12

-38.25%

Cinema Ticket

$12.88 $12.88

$12.61 CA$17.97

2.14%

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

$1,484 $1,484

$834 CA$1,189

78.00%

International Primary School, 1 Child (Yearly)

$24.8K $24.8K

$23.3K CA$33.3K

6.42%

Jeans (Levis 501 Or Similar)

$55.3 $55.3

$52.6 CA$75.0

5.10%

Summer Dress (H&M, Zara, etc)

$42.89 $42.89

$40.26 CA$57.4

6.53%

Sport Shoes (Adidas, Nike)

$106 $106

$96.2 CA$137

10.24%

Men's Leather Business Shoes

$118 $118

$123 CA$175

-3.86%

1-bedroom Apartment, City Center (Monthly)

$1,181 $1,181

$1,598 CA$2,278

-26.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,119 $1,119

$1,435 CA$2,045

-22.01%

3-bedroom Apartment, City Center (Monthly)

$2,339 $2,339

$2,657 CA$3,787

-11.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,963 $1,963

$2,096 CA$2,988

-6.36%

Buy Apartment in City Center (m2)

$2,496 $2,496

$8,033 CA$11.5K

-68.93%

Buy Apartment Outside City Center (m2)

$2,214 $2,214

$6,557 CA$9,347

-66.24%

Average Monthly Net Salary (After Tax)

$3,942 $3,942

$3,743 CA$5,335

5.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.57

4.47

46.98%

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

Last update for Albuquerque, NM: October 6, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Albuquerque, NM

$1.1K 47.7%

Toronto

$1.4K 55.4% 28.2% $316

Groceries & Markets

Albuquerque, NM

$404 17.2%

Toronto

$340 13.1% 15.9% $64

Monthly Utilities & Internet

Albuquerque, NM

$294 12.5%

Toronto

$202 7.8% 31.2% $92

Eating Out

Albuquerque, NM

$292 12.4%

Toronto

$282 10.9% 3.4% $10

Clothing & Footwear

Albuquerque, NM

$145 6.2%

Toronto

$140 5.4% 3.2% $4.7

Sport & Entertainment

Albuquerque, NM

$74 3.2%

Toronto

$64 2.5% 13.6% $10

Getting Around

Albuquerque, NM

$18 * 0.8%

Toronto

$130 5% 629% $112

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,181 in Albuquerque, NM versus $1,598 in Toronto. 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 5% higher in Albuquerque, NM, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $69.0 in Albuquerque, NM versus $77.0 in Toronto. Groceries tell a different story – $404 in Albuquerque, NM vs $340 in Toronto – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Albuquerque, NM

🇨🇦 Toronto

🕒 Local time

20:56 8:56 PM

22:56 10:56 PM

2 h ahead of Albuquerque, NM

🌤 Weather

👥 Population

564,559

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.892 EUR

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

CAD to USD in detail →

On the map

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Between locations

Albuquerque, NM Toronto 2,520 km ≈ 3 h 45 min nonstop flight

From you

Albuquerque, NM
Toronto

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

Albuquerque, NM vs Toronto: Cost of Living - Frequently Asked Questions

Toronto costs about 6% more than Albuquerque, NM, and outside of rent the gap comes mainly from transport. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,571 per month in Albuquerque, NM and $3,795 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Albuquerque, NM, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,381 in Albuquerque, NM and $2,530 in Toronto. That's a gap of about 6%.

Public transport costs about 2682% less in Albuquerque, NM. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Albuquerque, NM, where all-in costs run around $2,381, than in Toronto at $2,530. In Albuquerque, NM it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Albuquerque, NM – 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 Albuquerque, NM. 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.