Last update: Oct 2026

Cost of Living Comparison Between Cancun and Toronto

For one person, living is cheaper in Cancun: $1,428 a month against $2,530 in Toronto, rent and utilities included – about $13,200 less a year. Rent and utilities account for most of the difference.

68

Cost of Living Index in Cancun
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Cancun Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Cancun

🇲🇽 Mexico

$1,428

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

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

A single person spends $1,428 per month in Cancun vs $2,530 in Toronto, rent included.

Cancun $1,428
Toronto $2,530

A couple spends around $2,290 per month in Cancun vs $3,646 in Toronto, rent included.

Cancun $2,290
Toronto $3,646

A family of three spends $3,152 per month in Cancun vs $4,761 in Toronto, rent included.

Cancun $3,152
Toronto $4,761

Cancun is about 44% cheaper than Toronto, and outside of rent the biggest gap is in eating out.

Both Cancun and Toronto sit above the global median – Cancun by 7%, Toronto by 89%.

Meal at Budget Restaurant

$11.15 MX$203

$17.67 CA$25.13

-36.90%

Three-Course Dinner for Two, Mid-Range

$54.6 MX$993

$77.4 CA$110

-29.44%

Fast Food Meal (McDonalds, etc)

$11.30 MX$206

$10.47 CA$14.90

7.93%

Cappuccino

$3.86 MX$70.3

$4.08 CA$5.80

-5.39%

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

$1.38 MX$25.03

$2.12 CA$3.01

-34.91%

Water (0.33 liter bottle)

$0.80 MX$14.62

$1.76 CA$2.50

-54.55%

Local Beer (0.5 liter draught)

$3.08 MX$56.0

$6.17 CA$8.78

-50.08%

Imported Beer (0.33 liter bottle)

$4.35 MX$79.1

$6.89 CA$9.80

-36.87%

Milk (1 liter)

$1.63 MX$29.66

$2.43 CA$3.46

-32.92%

White Bread (500g)

$2.71 MX$49.35

$2.75 CA$3.91

-1.45%

Rice (white) (1kg)

$1.65 MX$29.99

$2.23 CA$3.17

-26.01%

Eggs

$2.72 MX$49.55

$3.45 CA$4.90

-21.16%

Local Cheese (1kg)

$9.93 MX$181

$8.93 CA$12.71

11.20%

Chicken Fillets (1kg)

$8.80 MX$160

$11.44 CA$16.27

-23.08%

Beef Round Steak (1kg)

$13.88 MX$252

$14.61 CA$20.78

-5.00%

Apples (1kg)

$2.83 MX$51.5

$3.75 CA$5.33

-24.53%

Banana (1kg)

$1.67 MX$30.38

$1.15 CA$1.63

45.22%

Oranges (1kg)

$3.20 MX$58.2

$3.55 CA$5.05

-9.86%

Tomato (1kg)

$2.16 MX$39.37

$4.28 CA$6.09

-49.53%

Potato (1kg)

$2.03 MX$36.93

$1.85 CA$2.62

9.73%

Onion (1kg)

$1.90 MX$34.63

$1.67 CA$2.37

13.77%

Lettuce (1 head)

$1.15 MX$20.92

$2.22 CA$3.15

-48.20%

Water (1.5 liter bottle)

$1.22 MX$22.26

$1.21 CA$1.72

0.83%

Cigarettes 20 Pack (Marlboro, Camel)

$4.51 MX$82.0

$13.88 CA$19.74

-67.51%

Wine (Bottle)

$10.03 MX$182

$14.25 CA$20.27

-29.61%

Local Beer (0.5 liter bottle)

$1.56 MX$28.34

$2.20 CA$3.12

-29.09%

Imported Beer (0.33 liter bottle)

$2.73 MX$49.67

$2.42 CA$3.44

12.81%

One-way Ticket (Public Transport)

$0.64 MX$11.71

$2.42 CA$3.44

-73.55%

Public Transport Monthly Pass (Regular Price)

$28.64 MX$521

$111 CA$158

-74.14%

Taxi Start (Normal Tariff)

$4.50 MX$81.8

$2.90 CA$4.12

55.17%

Taxi (Normal Tariff) (1km)

$2.98 MX$54.2

$1.26 CA$1.79

136.51%

Taxi 1hour Waiting (Normal Tariff)

$13.62 MX$248

$22.03 CA$31.33

-38.18%

Gasoline (1 liter)

$1.52 MX$27.58

$1.22 CA$1.74

24.59%

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

$21.0K MX$382.2K

$27.6K CA$39.3K

-23.95%

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

$24.5K MX$445.5K

$19.8K CA$28.2K

23.57%

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

$172 MX$3,137

$122 CA$173

41.49%

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

$23.50 MX$427

$32.03 CA$45.56

-26.63%

Internet (50+ Mbps, Unlimited Data)

$37.97 MX$691

$47.92 CA$68.2

-20.76%

Gym Membership (Monthly)

$33.57 MX$611

$38.90 CA$55.3

-13.70%

Tennis Court (1 Hour on Weekend)

$13.50 MX$246

$23.24 CA$33.05

-41.91%

Cinema Ticket

$7.33 MX$133

$12.61 CA$17.94

-41.87%

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

$205 MX$3,725

$834 CA$1,186

-75.44%

International Primary School, 1 Child (Yearly)

$5,468 MX$99.5K

$23.3K CA$33.2K

-76.57%

Jeans (Levis 501 Or Similar)

$54.9 MX$998

$52.6 CA$74.8

4.33%

Summer Dress (H&M, Zara, etc)

$54.7 MX$996

$40.26 CA$57.3

35.97%

Sport Shoes (Adidas, Nike)

$76.9 MX$1,399

$96.2 CA$137

-20.07%

Men's Leather Business Shoes

$94.4 MX$1,716

$123 CA$175

-23.26%

1-bedroom Apartment, City Center (Monthly)

$672 MX$12.2K

$1,598 CA$2,273

-57.95%

1-bedroom Apartment, Outside City Center (Monthly)

$464 MX$8,440

$1,435 CA$2,041

-67.66%

3-bedroom Apartment, City Center (Monthly)

$1,375 MX$25.0K

$2,657 CA$3,779

-48.25%

3-bedroom Apartment, Outside City Center (Monthly)

$1,075 MX$19.6K

$2,096 CA$2,981

-48.72%

Buy Apartment in City Center (m2)

$1,281 MX$23.3K

$8,033 CA$11.4K

-84.05%

Buy Apartment Outside City Center (m2)

$1,985 MX$36.1K

$6,557 CA$9,327

-69.73%

Average Monthly Net Salary (After Tax)

$819 MX$14.9K

$3,743 CA$5,324

-78.12%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.45

4.47

156.15%

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

Last update for Cancun: October 4, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Cancun

$464 32.9%

Toronto

$1.4K 55.4% 209% $971

Groceries & Markets

Cancun

$287 20.3%

Toronto

$340 13.1% 18.7% $54

Monthly Utilities & Internet

Cancun

$234 16.6%

Toronto

$202 7.8% 13.7% $32

Eating Out

Cancun

$202 14.3%

Toronto

$282 10.9% 39.3% $80

Clothing & Footwear

Cancun

$126 9%

Toronto

$140 5.4% 11.1% $14

Getting Around

Cancun

$51 3.6%

Toronto

$130 5% 156% $79

Sport & Entertainment

Cancun

$48 3.4%

Toronto

$64 2.5% 32.9% $16

Cost Breakdown

A central one-bedroom costs $672 in Cancun 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 357% higher in Toronto, 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 $55.0 in Cancun versus $77.0 in Toronto. Monthly groceries follow the same trend: $287 vs $340 – making Cancun the more affordable choice for daily food spending.

Good to know

🇲🇽 Cancun

🇨🇦 Toronto

🕒 Local time

20:54 8:54 PM

21:54 9:54 PM

1 h ahead of Cancun

🌤 Weather

👥 Population

888,797

2,731,571

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.5 USD

100 MXN = 4.9 EUR

1 CAD = 0.703 USD

1 CAD = 0.627 EUR

Exchange rates and currency converter

CAD, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 10, 2026: 1 USD = 18.19 MXN (100 MXN = 5.5 USD). 1 EUR = 20.4 MXN (100 MXN = 4.9 EUR).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.6 CAD (1 CAD = 0.627 EUR).

USD to MXN in detail →

On the map

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Between locations

Cancun Toronto 2,600 km ≈ 3 h 45 min nonstop flight

From you

Cancun
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

Cancun vs Toronto: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,428 in Cancun, $2,530 in Toronto – roughly 77% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,141 per month in Cancun 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 Cancun, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $205 per month in Cancun and $834 in Toronto. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 19% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Cancun, where all-in costs run around $1,428, than in Toronto at $2,530. In Cancun it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Cancun – 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 Cancun. 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.