Last update: Oct 2026

Cost of Living Comparison Between Concordia and Toronto

For one person, living is cheaper in Concordia: $1,176 a month against $2,561 in Toronto, rent and utilities included – about $16,600 less a year. Rent and utilities account for most of the difference.

60

Cost of Living Index in Concordia
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Concordia Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Concordia

🇦🇷 Argentina

$1,176

/mo nomad

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Monthly Cost of Living

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

A single person spends $1,176 per month in Concordia vs $2,561 in Toronto, rent included.

Concordia $1,176
Toronto $2,561

A couple spends around $2,057 per month in Concordia vs $3,694 in Toronto, rent included.

Concordia $2,057
Toronto $3,694

A family of three spends $2,938 per month in Concordia vs $4,826 in Toronto, rent included.

Concordia $2,938
Toronto $4,826

Concordia is about 54% cheaper than Toronto, and outside of rent the biggest gap is in transport.

Concordia sits 13% below the global median, while Toronto is 90% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.50 ARS 25.0K

$17.18 CA$24.29

-3.96%

Three-Course Dinner for Two, Mid-Range

$57.9 ARS 87.8K

$76.0 CA$107

-23.85%

Fast Food Meal (McDonalds, etc)

$14.29 ARS 21.7K

$10.54 CA$14.89

35.58%

Cappuccino

$3.85 ARS 5,840

$4.02 CA$5.68

-4.23%

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

$2.25 ARS 3,419

$2.12 CA$3.00

6.13%

Water (0.33 liter bottle)

$1.91 ARS 2,904

$1.75 CA$2.48

9.14%

Local Beer (0.5 liter draught)

$3.88 ARS 5,890

$6.24 CA$8.83

-37.82%

Imported Beer (0.33 liter bottle)

$3.72 ARS 5,642

$7.09 CA$10.02

-47.53%

Milk (1 liter)

$1.37 ARS 2,079

$2.44 CA$3.45

-43.85%

White Bread (500g)

$2.03 ARS 3,080

$2.68 CA$3.78

-24.25%

Rice (white) (1kg)

$2.13 ARS 3,235

$2.24 CA$3.17

-4.91%

Eggs

$2.77 ARS 4,208

$3.56 CA$5.03

-22.19%

Local Cheese (1kg)

$11.19 ARS 17.0K

$9.09 CA$12.85

23.10%

Chicken Fillets (1kg)

$7.47 ARS 11.3K

$11.33 CA$16.01

-34.07%

Beef Round Steak (1kg)

$12.42 ARS 18.8K

$14.53 CA$20.55

-14.52%

Apples (1kg)

$2.13 ARS 3,232

$3.62 CA$5.12

-41.16%

Banana (1kg)

$2.02 ARS 3,062

$1.21 CA$1.72

66.94%

Oranges (1kg)

$1.63 ARS 2,469

$3.60 CA$5.09

-54.72%

Tomato (1kg)

$2.63 ARS 3,995

$4.21 CA$5.96

-37.53%

Potato (1kg)

$0.94 ARS 1,433

$1.79 CA$2.53

-47.49%

Onion (1kg)

$0.90 ARS 1,362

$1.59 CA$2.25

-43.40%

Lettuce (1 head)

$2.27 CA$3.21

Water (1.5 liter bottle)

$1.65 ARS 2,506

$1.25 CA$1.77

32.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.76 ARS 5,705

$13.82 CA$19.53

-72.79%

Wine (Bottle)

$5.03 ARS 7,635

$14.27 CA$20.18

-64.75%

Local Beer (0.5 liter bottle)

$1.99 ARS 3,016

$2.20 CA$3.10

-9.55%

Imported Beer (0.33 liter bottle)

$3.23 ARS 4,902

$2.43 CA$3.44

32.92%

One-way Ticket (Public Transport)

$0.91 ARS 1,386

$2.39 CA$3.38

-61.92%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$1.57 ARS 2,379

$2.91 CA$4.12

-46.05%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

Gasoline (1 liter)

$1.25 ARS 1,890

$1.21 CA$1.71

3.31%

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

$27.6K ARS 41.9M

$28.2K CA$39.8K

-1.98%

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

$32.5K ARS 49.3M

$20.3K CA$28.6K

60.32%

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

$129 ARS 195.6K

$120 CA$170

7.10%

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

$15.93 ARS 24.2K

$32.26 CA$45.60

-50.62%

Internet (50+ Mbps, Unlimited Data)

$24.12 ARS 36.6K

$47.93 CA$67.8

-49.68%

Gym Membership (Monthly)

$28.64 ARS 43.5K

$38.48 CA$54.4

-25.57%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$8.01 ARS 12.2K

$12.38 CA$17.50

-35.30%

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

$300 ARS 455.7K

$830 CA$1,173

-63.81%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

Jeans (Levis 501 Or Similar)

$106 ARS 160.3K

$50.7 CA$71.7

108.34%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

Sport Shoes (Adidas, Nike)

$114 ARS 172.6K

$98.0 CA$139

16.12%

Men's Leather Business Shoes

$126 ARS 190.9K

$121 CA$171

4.24%

1-bedroom Apartment, City Center (Monthly)

$526 ARS 797.8K

$1,592 CA$2,251

-66.98%

1-bedroom Apartment, Outside City Center (Monthly)

$282 ARS 428.6K

$1,410 CA$1,994

-79.98%

3-bedroom Apartment, City Center (Monthly)

$966 ARS 1.5M

$2,670 CA$3,775

-63.81%

3-bedroom Apartment, Outside City Center (Monthly)

$894 ARS 1.4M

$2,152 CA$3,042

-58.45%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

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

Last update for Concordia: October 11, 2026

Last update for Toronto: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Concordia

$282 24%

Toronto

$1.4K 55.1% 399% $1.1K

Eating Out

Concordia

$265 22.5%

Toronto

$278 10.9% 5.1% $14

Groceries & Markets

Concordia

$255 * 21.7%

Toronto

$340 13.3% 33.2% $85

Monthly Utilities & Internet

Concordia

$169 14.4%

Toronto

$201 7.8% 18.7% $32

Clothing & Footwear

Concordia

$155 * 13.2%

Toronto

$139 5.4% 10.4% $16

Sport & Entertainment

Concordia

$45 3.8%

Toronto

$63 2.5% 41.6% $19

Getting Around

Concordia

$5.2 * 0.4%

Toronto

$129 5.1% 2379% $124

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

Cost Breakdown

A central one-bedroom costs $526 in Concordia versus $1,592 in Toronto. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $58.0 in Concordia versus $76.0 in Toronto. Monthly groceries follow the same trend: $255 vs $340 – making Concordia the more affordable choice for daily food spending.

Good to know

🇦🇷 Concordia

🇨🇦 Toronto

🕒 Local time

09:53 9:53 AM

08:53 8:53 AM

1 h behind Concordia

🌤 Weather

👥 Population

149,450

2,731,571

💱 Currency

Argentine Peso ARS $

Canadian Dollar CAD $

📈 Exchange rate

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 19, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 EUR).

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to ARS in detail →

On the map

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Highest

Between locations

Concordia Toronto 8,620 km ≈ 11 h nonstop flight

From you

Concordia
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

Concordia vs Toronto: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,176 in Concordia, $2,561 in Toronto – roughly 118% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $1,764 per month in Concordia and $3,841 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Concordia, 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 $1,176 in Concordia and $2,561 in Toronto. That's a gap of about 118%.

Kindergarten costs $300 per month in Concordia and $830 in Toronto. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Concordia, where all-in costs run around $1,176, than in Toronto at $2,561. In Concordia it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Concordia – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Concordia. 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.