Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Toronto

For one person, living costs are similar in Austin, TX and in Toronto: $2,607 and $2,589 a month, rent and utilities included.

125

Cost of Living Index in Austin, TX
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Austin, TX Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Austin, TX

🇺🇸 United States

$2,607

/mo nomad

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX 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 Austin, TX and in Toronto actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,607 in Austin, TX versus $2,589 in Toronto.

Austin, TX $2,607
Toronto $2,589

Estimated couple costs with rent: $4,031 in Austin, TX versus $3,710 in Toronto.

Austin, TX $4,031
Toronto $3,710

Monthly costs for a family of three with rent: $5,454 in Austin, TX versus $4,831 in Toronto.

Austin, TX $5,454
Toronto $4,831

Living in Austin, TX is roughly 1% more expensive than in Toronto, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Austin, TX 92% above, Toronto 90% above.

Meal at Budget Restaurant

$20.35 $20.35

$17.60 CA$24.73

15.63%

Three-Course Dinner for Two, Mid-Range

$84.7 $84.7

$77.8 CA$109

8.87%

Fast Food Meal (McDonalds, etc)

$12.12 $12.12

$10.59 CA$14.87

14.45%

Cappuccino

$5.65 $5.65

$4.16 CA$5.84

35.82%

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

$3.68 $3.68

$2.04 CA$2.87

80.39%

Water (0.33 liter bottle)

$2.36 $2.36

$1.75 CA$2.46

34.86%

Local Beer (0.5 liter draught)

$7.87 $7.87

$6.58 CA$9.24

19.60%

Imported Beer (0.33 liter bottle)

$8.82 $8.82

$7.11 CA$9.99

24.05%

Milk (1 liter)

$1.14 $1.14

$2.53 CA$3.56

-54.94%

White Bread (500g)

$3.69 $3.69

$2.70 CA$3.80

36.67%

Rice (white) (1kg)

$3.31 $3.31

$2.24 CA$3.15

47.77%

Eggs

$4.15 $4.15

$3.48 CA$4.89

19.25%

Local Cheese (1kg)

$12.98 $12.98

$9.38 CA$13.17

38.38%

Chicken Fillets (1kg)

$13.86 $13.86

$11.60 CA$16.29

19.48%

Beef Round Steak (1kg)

$16.34 $16.34

$14.68 CA$20.63

11.31%

Apples (1kg)

$4.69 $4.69

$3.74 CA$5.26

25.40%

Banana (1kg)

$1.45 $1.45

$1.22 CA$1.72

18.85%

Oranges (1kg)

$5.11 $5.11

$3.48 CA$4.89

46.84%

Tomato (1kg)

$4.52 $4.52

$4.32 CA$6.07

4.63%

Potato (1kg)

$3.08 $3.08

$1.85 CA$2.60

66.49%

Onion (1kg)

$2.38 $2.38

$1.69 CA$2.38

40.83%

Lettuce (1 head)

$1.80 $1.80

$2.23 CA$3.13

-19.28%

Water (1.5 liter bottle)

$2.22 $2.22

$1.28 CA$1.79

73.44%

Cigarettes 20 Pack (Marlboro, Camel)

$9.97 $9.97

$14.04 CA$19.73

-28.99%

Wine (Bottle)

$15.05 $15.05

$14.43 CA$20.27

4.30%

Local Beer (0.5 liter bottle)

$2.91 $2.91

$2.16 CA$3.03

34.72%

Imported Beer (0.33 liter bottle)

$3.33 $3.33

$2.52 CA$3.55

32.14%

One-way Ticket (Public Transport)

$1.22 $1.22

$2.37 CA$3.33

-48.52%

Public Transport Monthly Pass (Regular Price)

$40.53 $40.53

$112 CA$158

-63.96%

Taxi Start (Normal Tariff)

$2.78 $2.78

$3.04 CA$4.27

-8.55%

Taxi (Normal Tariff) (1km)

$1.65 $1.65

$1.24 CA$1.74

33.06%

Taxi 1hour Waiting (Normal Tariff)

$35.39 $35.39

$22.55 CA$31.69

56.94%

Gasoline (1 liter)

$0.95 $0.95

$1.24 CA$1.75

-23.39%

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

$34.2K $34.2K

$26.9K CA$37.8K

27.12%

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

$26.8K $26.8K

$21.4K CA$30.0K

25.14%

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

$223 $223

$125 CA$175

78.92%

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

$58.5 $58.5

$33.05 CA$46.44

76.94%

Internet (50+ Mbps, Unlimited Data)

$71.2 $71.2

$47.96 CA$67.4

48.39%

Gym Membership (Monthly)

$53.0 $53.0

$36.69 CA$51.6

44.56%

Tennis Court (1 Hour on Weekend)

$16.75 $16.75

$23.67 CA$33.26

-29.24%

Cinema Ticket

$14.06 $14.06

$13.08 CA$18.37

7.49%

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

$1,459 $1,459

$759 CA$1,066

92.24%

International Primary School, 1 Child (Yearly)

$21.3K $21.3K

$23.8K CA$33.4K

-10.23%

Jeans (Levis 501 Or Similar)

$52.5 $52.5

$53.5 CA$75.2

-1.96%

Summer Dress (H&M, Zara, etc)

$42.75 $42.75

$40.44 CA$56.8

5.71%

Sport Shoes (Adidas, Nike)

$86.4 $86.4

$100 CA$141

-13.98%

Men's Leather Business Shoes

$104 $104

$125 CA$176

-17.13%

1-bedroom Apartment, City Center (Monthly)

$2,112 $2,112

$1,630 CA$2,290

29.57%

1-bedroom Apartment, Outside City Center (Monthly)

$1,230 $1,230

$1,416 CA$1,989

-13.09%

3-bedroom Apartment, City Center (Monthly)

$3,863 $3,863

$2,694 CA$3,785

43.37%

3-bedroom Apartment, Outside City Center (Monthly)

$2,407 $2,407

$2,101 CA$2,952

14.56%

Buy Apartment in City Center (m2)

$7,426 $7,426

$7,551 CA$10.6K

-1.66%

Buy Apartment Outside City Center (m2)

$3,060 $3,060

$6,674 CA$9,377

-54.15%

Average Monthly Net Salary (After Tax)

$5,179 $5,179

$3,543 CA$4,978

46.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

4.45

53.26%

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

Last update for Austin, TX: October 26, 2026

Last update for Toronto: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Austin, TX

$1.2K 47.2%

Toronto

$1.4K 54.7% 15.1% $185

Groceries & Markets

Austin, TX

$410 15.7%

Toronto

$345 13.3% 15.8% $65

Monthly Utilities & Internet

Austin, TX

$353 13.5%

Toronto

$206 7.9% 41.7% $147

Eating Out

Austin, TX

$348 13.4%

Toronto

$285 11% 18.2% $63

Clothing & Footwear

Austin, TX

$128 4.9%

Toronto

$144 5.6% 12% $15

Sport & Entertainment

Austin, TX

$81 3.1%

Toronto

$63 2.4% 22.6% $18

Getting Around

Austin, TX

$56 2.2%

Toronto

$131 5.1% 132% $75

Cost Breakdown

A one-bedroom apartment in the center runs $2,112 in Austin, TX and $1,630 in Toronto. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 46% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $85 in Austin, TX vs $78 in Toronto for a mid-range dinner for two. Groceries echo the gap at $410 vs $345 per month, with Toronto cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇨🇦 Toronto

🕒 Local time

05:05 5:05 AM

06:05 6:05 AM

1 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.899 EUR

1 CAD = 0.712 USD

1 CAD = 0.64 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 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.899 EUR).

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.712 USD). 1 EUR = 1.56 CAD (1 CAD = 0.64 EUR).

CAD to USD in detail →

On the map

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Between locations

Austin, TX Toronto 2,200 km ≈ 3 h 15 min nonstop flight

From you

Austin, TX
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

Austin, TX vs Toronto: Cost of Living - Frequently Asked Questions

Toronto wins on cost – living expenses run 1% lower than in Austin, TX. Housing and daily spending are where you’ll feel the difference most, making Toronto the obvious pick if budget is a priority.

Average pay runs 46% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,112 in Austin, TX versus $1,630 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,607 per month in Austin, TX versus $2,589 in Toronto – a 1% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Austin, TX runs roughly 64% less than in Toronto. Both cities have functional networks, but the price difference matters if you’re watching your budget.

Both cities are expensive relative to $2,500. Toronto is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

For families, Toronto is more practical. Housing and childcare are both notably cheaper than in Austin, TX, and the savings on those two alone free up budget for education, activities, and family trips.

It comes down to priorities – Toronto wins on affordability, Austin, TX on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.