Cost of Living Comparison Between Banff and Toronto Cost of Living Comparison Between Banff and Toronto

😐 Solo nomad: Banff is 14.2% more expensive than Toronto without rent, and 17.9% cheaper with rent.

😐 Family of 3: Banff is 1.2% more expensive than Toronto without rent, and 12.9% more expensive with rent.

Meal at Budget Restaurant

$22.20 CA$30.86

$18.97 CA$26.37

17.03%

Three-Course Dinner for Two, Mid-Range

$73.3 CA$102

$82.9 CA$115

-11.57%

Fast Food Meal (McDonalds, etc)

$10.18 CA$14.15

$11.12 CA$15.45

-8.45%

Cappuccino

$4.42 CA$6.15

$3.98 CA$5.54

11.06%

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

$1.63 CA$2.26

$2.11 CA$2.93

-22.75%

Water (0.33 liter bottle)

$1.94 CA$2.69

$1.70 CA$2.37

14.12%

Local Beer (0.5 liter draught)

$5.61 CA$7.80

$5.84 CA$8.12

-3.94%

Imported Beer (0.33 liter bottle)

$8.65 CA$12.03

$6.64 CA$9.23

30.27%

Milk (1 liter)

$2.13 CA$2.96

$2.80 CA$3.89

-23.93%

White Bread (500g)

$2.33 CA$3.23

$2.87 CA$3.99

-18.82%

Rice (white) (1kg)

$5.75 CA$8.00

$3.68 CA$5.12

56.25%

Eggs

$3.79 CA$5.27

$3.47 CA$4.82

9.22%

Local Cheese (1kg)

$12.60 CA$17.51

$13.62 CA$18.93

-7.49%

Chicken Fillets (1kg)

$14.62 CA$20.32

$13.03 CA$18.11

12.20%

Beef Round Steak (1kg)

$12.42 CA$17.26

$16.98 CA$23.60

-26.86%

Apples (1kg)

$4.09 CA$5.68

$4.07 CA$5.65

0.49%

Banana (1kg)

$1.51 CA$2.09

$1.18 CA$1.64

27.97%

Oranges (1kg)

$4.92 CA$6.84

$3.35 CA$4.65

46.87%

Tomato (1kg)

$5.27 CA$7.33

$3.98 CA$5.53

32.41%

Potato (1kg)

$3.01 CA$4.18

$2.42 CA$3.37

24.38%

Onion (1kg)

$3.31 CA$4.61

$2.90 CA$4.03

14.14%

Lettuce (1 head)

$3.43 CA$4.76

$2.45 CA$3.40

40.00%

Water (1.5 liter bottle)

$2.90 CA$4.02

$1.97 CA$2.75

47.21%

Cigarettes 20 Pack (Marlboro, Camel)

$14.46 CA$20.10

$14.49 CA$20.13

-0.21%

Wine (Bottle)

$11.32 CA$15.74

$13.12 CA$18.23

-13.72%

Local Beer (0.5 liter bottle)

$5.06 CA$7.04

$2.77 CA$3.86

82.67%

Imported Beer (0.33 liter bottle)

$2.99 CA$4.15

$3.28 CA$4.56

-8.84%

One-way Ticket (Public Transport)

$1.48 CA$2.06

$2.50 CA$3.48

-40.80%

Public Transport Monthly Pass (Regular Price)

$21.79 CA$30.28

$117 CA$162

-81.32%

Taxi Start (Normal Tariff)

$5.58 CA$7.76

$3.78 CA$5.25

47.62%

Taxi (Normal Tariff) (1km)

$3.09 CA$4.29

$1.35 CA$1.88

128.89%

Taxi 1hour Waiting (Normal Tariff)

$19.19 CA$26.67

$25.68 CA$35.70

-25.27%

Gasoline (1 liter)

$1.02 CA$1.41

$1.14 CA$1.59

-10.53%

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

$25.4K CA$35.3K

$25.1K CA$34.9K

1.19%

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

$20.6K CA$28.7K

$21.4K CA$29.8K

-3.65%

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

$201 CA$279

$120 CA$166

67.76%

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

$57.1 CA$79.4

$36.86 CA$51.2

54.96%

Internet (50+ Mbps, Unlimited Data)

$69.0 CA$95.9

$54.2 CA$75.4

27.19%

Gym Membership (Monthly)

$76.9 CA$107

$56.5 CA$78.5

36.13%

Tennis Court (1 Hour on Weekend)

$37.02 CA$51.5

$21.02 CA$29.22

76.12%

Cinema Ticket

$8.87 CA$12.33

$11.59 CA$16.11

-23.47%

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

$874 CA$1,214

$1,134 CA$1,576

-22.97%

International Primary School, 1 Child (Yearly)

$11.9K CA$16.6K

$18.4K CA$25.6K

-35.29%

Jeans (Levis 501 Or Similar)

$44.50 CA$61.9

$57.0 CA$79.2

-21.92%

Summer Dress (H&M, Zara, etc)

$47.28 CA$65.7

$38.93 CA$54.1

21.45%

Sport Shoes (Adidas, Nike)

$91.1 CA$127

$89.6 CA$124

1.78%

Men's Leather Business Shoes

$109 CA$151

$116 CA$161

-6.54%

1-bedroom Apartment, City Center (Monthly)

$881 CA$1,225

$1,819 CA$2,528

-51.55%

1-bedroom Apartment, Outside City Center (Monthly)

$901 CA$1,252

$1,529 CA$2,125

-41.06%

3-bedroom Apartment, City Center (Monthly)

$1,349 CA$1,875

$2,993 CA$4,160

-54.92%

3-bedroom Apartment, Outside City Center (Monthly)

$3,045 CA$4,233

$2,444 CA$3,397

24.61%

Buy Apartment in City Center (m2)

$3,796 CA$5,276

$8,696 CA$12.1K

-56.35%

Buy Apartment Outside City Center (m2)

$3,513 CA$4,883

$6,744 CA$9,374

-47.91%

Average Monthly Net Salary (After Tax)

$2,698 CA$3,750

$3,628 CA$5,043

-25.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.62

5.16

28.29%

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

Last update for Banff: January 12, 2026

Last update for Toronto: January 13, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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