Last update: Oct 2026

Cost of Living Comparison Between Colorado Springs, CO and Toronto

For one person, living is cheaper in Toronto: $2,530 a month against $2,990 in Colorado Springs, CO, rent and utilities included – about $5,500 less a year. Other living expenses account for most of the difference.

145

Cost of Living Index in Colorado Springs, CO
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Colorado Springs, CO Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Colorado Springs, CO

🇺🇸 United States

$2,990

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,990 in Colorado Springs, CO versus $2,530 in Toronto.

Colorado Springs, CO $2,990
Toronto $2,530

Estimated couple costs with rent: $4,361 in Colorado Springs, CO versus $3,646 in Toronto.

Colorado Springs, CO $4,361
Toronto $3,646

Monthly costs for a family of three with rent: $5,733 in Colorado Springs, CO versus $4,761 in Toronto.

Colorado Springs, CO $5,733
Toronto $4,761

Living in Colorado Springs, CO is roughly 18% more expensive than in Toronto, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Colorado Springs, CO 123% above, Toronto 89% above.

Meal at Budget Restaurant

$19.68 $19.68

$17.67 CA$25.13

11.38%

Three-Course Dinner for Two, Mid-Range

$83.9 $83.9

$77.4 CA$110

8.45%

Fast Food Meal (McDonalds, etc)

$13.09 $13.09

$10.47 CA$14.90

25.02%

Cappuccino

$5.49 $5.49

$4.08 CA$5.80

34.56%

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

$2.69 $2.69

$2.12 CA$3.01

26.89%

Water (0.33 liter bottle)

$2.29 $2.29

$1.76 CA$2.50

30.11%

Local Beer (0.5 liter draught)

$5.93 $5.93

$6.17 CA$8.78

-3.89%

Imported Beer (0.33 liter bottle)

$7.15 $7.15

$6.89 CA$9.80

3.77%

Milk (1 liter)

$0.97 $0.97

$2.43 CA$3.46

-60.08%

White Bread (500g)

$3.16 $3.16

$2.75 CA$3.91

14.91%

Rice (white) (1kg)

$4.29 $4.29

$2.23 CA$3.17

92.38%

Eggs

$6.06 $6.06

$3.45 CA$4.90

75.65%

Local Cheese (1kg)

$14.95 $14.95

$8.93 CA$12.71

67.41%

Chicken Fillets (1kg)

$13.71 $13.71

$11.44 CA$16.27

19.84%

Beef Round Steak (1kg)

$19.73 $19.73

$14.61 CA$20.78

35.04%

Apples (1kg)

$5.55 $5.55

$3.75 CA$5.33

48.00%

Banana (1kg)

$1.41 $1.41

$1.15 CA$1.63

22.61%

Oranges (1kg)

$4.56 $4.56

$3.55 CA$5.05

28.45%

Tomato (1kg)

$4.60 $4.60

$4.28 CA$6.09

7.48%

Potato (1kg)

$2.48 $2.48

$1.85 CA$2.62

34.05%

Onion (1kg)

$2.61 $2.61

$1.67 CA$2.37

56.29%

Lettuce (1 head)

$2.31 $2.31

$2.22 CA$3.15

4.05%

Water (1.5 liter bottle)

$1.91 $1.91

$1.21 CA$1.72

57.85%

Cigarettes 20 Pack (Marlboro, Camel)

$10.70 $10.70

$13.88 CA$19.74

-22.91%

Wine (Bottle)

$19.07 $19.07

$14.25 CA$20.27

33.82%

Local Beer (0.5 liter bottle)

$3.27 $3.27

$2.20 CA$3.12

48.64%

Imported Beer (0.33 liter bottle)

$4.71 $4.71

$2.42 CA$3.44

94.63%

One-way Ticket (Public Transport)

$1.71 $1.71

$2.42 CA$3.44

-29.34%

Public Transport Monthly Pass (Regular Price)

$61.8 $61.8

$111 CA$158

-44.17%

Taxi Start (Normal Tariff)

$3.74 $3.74

$2.90 CA$4.12

28.97%

Taxi (Normal Tariff) (1km)

$1.41 $1.41

$1.26 CA$1.79

11.90%

Taxi 1hour Waiting (Normal Tariff)

$25.02 $25.02

$22.03 CA$31.33

13.57%

Gasoline (1 liter)

$1.01 $1.01

$1.22 CA$1.74

-17.21%

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

$24.6K $24.6K

$27.6K CA$39.3K

-11.06%

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

$24.9K $24.9K

$19.8K CA$28.2K

25.55%

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

$198 $198

$122 CA$173

62.15%

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

$94.4 $94.4

$32.03 CA$45.56

194.82%

Internet (50+ Mbps, Unlimited Data)

$101 $101

$47.92 CA$68.2

111.29%

Gym Membership (Monthly)

$58.3 $58.3

$38.90 CA$55.3

49.77%

Tennis Court (1 Hour on Weekend)

$34.02 $34.02

$23.24 CA$33.05

46.39%

Cinema Ticket

$14.78 $14.78

$12.61 CA$17.94

17.21%

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

$1,475 $1,475

$834 CA$1,186

76.86%

International Primary School, 1 Child (Yearly)

$24.2K $24.2K

$23.3K CA$33.2K

3.49%

Jeans (Levis 501 Or Similar)

$58.4 $58.4

$52.6 CA$74.8

11.05%

Summer Dress (H&M, Zara, etc)

$35.60 $35.60

$40.26 CA$57.3

-11.57%

Sport Shoes (Adidas, Nike)

$83.1 $83.1

$96.2 CA$137

-13.59%

Men's Leather Business Shoes

$103 $103

$123 CA$175

-16.31%

1-bedroom Apartment, City Center (Monthly)

$1,725 $1,725

$1,598 CA$2,273

7.97%

1-bedroom Apartment, Outside City Center (Monthly)

$1,543 $1,543

$1,435 CA$2,041

7.53%

3-bedroom Apartment, City Center (Monthly)

$2,689 $2,689

$2,657 CA$3,779

1.20%

3-bedroom Apartment, Outside City Center (Monthly)

$2,441 $2,441

$2,096 CA$2,981

16.48%

Buy Apartment in City Center (m2)

$2,559 $2,559

$8,033 CA$11.4K

-68.15%

Buy Apartment Outside City Center (m2)

$2,484 $2,484

$6,557 CA$9,327

-62.12%

Average Monthly Net Salary (After Tax)

$4,309 $4,309

$3,743 CA$5,324

15.12%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.72

4.47

50.34%

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

Last update for Colorado Springs, CO: 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

Colorado Springs, CO

$1.5K 51.5%

Toronto

$1.4K 55.4% 7% $108

Groceries & Markets

Colorado Springs, CO

$441 14.7%

Toronto

$340 13.1% 23% $101

Monthly Utilities & Internet

Colorado Springs, CO

$393 13.1%

Toronto

$202 7.8% 48.7% $191

Eating Out

Colorado Springs, CO

$326 10.9%

Toronto

$282 10.9% 13.7% $45

Clothing & Footwear

Colorado Springs, CO

$126 4.2%

Toronto

$140 5.4% 11.4% $14

Sport & Entertainment

Colorado Springs, CO

$88 2.9%

Toronto

$64 2.5% 27% $24

Getting Around

Colorado Springs, CO

$79 2.7%

Toronto

$130 5% 63.1% $50

Cost Breakdown

A one-bedroom apartment in the center runs $1,725 in Colorado Springs, CO and $1,598 in Toronto. Housing cost is often the main lever when comparing two cities.

Colorado Springs, CO pays 15% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $84.0 in Colorado Springs, CO vs $77.0 in Toronto for a mid-range dinner for two. Groceries echo the gap at $441 vs $340 per month, with Toronto cheaper across the board.

Good to know

🇺🇸 Colorado Springs, CO

🇨🇦 Toronto

🕒 Local time

21:41 9:41 PM

23:41 11:41 PM

2 h ahead of Colorado Springs, CO

🌤 Weather

👥 Population

478,961

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.892 EUR

1 CAD = 0.703 USD

1 CAD = 0.627 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 = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.6 CAD (1 CAD = 0.627 EUR).

CAD to USD in detail →

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Between locations

Colorado Springs, CO Toronto 2,180 km ≈ 3 h 15 min nonstop flight

From you

Colorado Springs, CO
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

Colorado Springs, CO vs Toronto: Cost of Living - Frequently Asked Questions

Toronto is cheaper overall, especially in groceries, eating out, and utilities. The 18% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 15% higher in Colorado Springs, CO, 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: $1,725 in Colorado Springs, CO versus $1,598 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 30% higher in Colorado Springs, CO. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Toronto – a meal for two runs $77.0 versus $84.0 in Colorado Springs, CO. If you eat out regularly, this makes a real dent in your monthly spending.

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.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Colorado Springs, CO and Toronto are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Toronto gentler on the wallet – expenses run 18% less than in Colorado Springs, CO. Beyond cost, consider language, visa policies, and how big the international community is in each city.