Last update: Oct 2026

Cost of Living Comparison Between Edgewood, NM and Toronto

For one person, living is cheaper in Toronto: $2,530 a month against $2,689 in Edgewood, NM, rent and utilities included – about $1,900 less a year. Rent and utilities account for most of the difference.

131

Cost of Living Index in Edgewood, NM
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Edgewood, NM Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Edgewood, NM

🇺🇸 United States

$2,689

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

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

A single person spends $2,689 per month in Edgewood, NM vs $2,530 in Toronto, rent included.

Edgewood, NM $2,689
Toronto $2,530

A couple spends around $3,940 per month in Edgewood, NM vs $3,646 in Toronto, rent included.

Edgewood, NM $3,940
Toronto $3,646

A family of three spends $5,192 per month in Edgewood, NM vs $4,761 in Toronto, rent included.

Edgewood, NM $5,192
Toronto $4,761

Edgewood, NM costs about 6% more than Toronto, and outside of rent the biggest gap is in groceries.

Both Edgewood, NM and Toronto sit above the global median – Edgewood, NM by 101%, Toronto by 89%.

Meal at Budget Restaurant

$16.87 $16.87

$17.67 CA$25.19

-4.53%

Three-Course Dinner for Two, Mid-Range

$76.9 $76.9

$77.4 CA$110

-0.68%

Fast Food Meal (McDonalds, etc)

$11.87 $11.87

$10.47 CA$14.93

13.37%

Cappuccino

$5.75 $5.75

$4.08 CA$5.81

40.93%

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

$2.85 $2.85

$2.12 CA$3.02

34.43%

Water (0.33 liter bottle)

$2.41 $2.41

$1.76 CA$2.51

36.93%

Local Beer (0.5 liter draught)

$6.22 $6.22

$6.17 CA$8.80

0.81%

Imported Beer (0.33 liter bottle)

$6.87 $6.87

$6.89 CA$9.82

-0.29%

Milk (1 liter)

$1.17 $1.17

$2.43 CA$3.46

-51.85%

White Bread (500g)

$4.38 $4.38

$2.75 CA$3.92

59.27%

Rice (white) (1kg)

$5.49 $5.49

$2.23 CA$3.18

146.19%

Eggs

$4.23 $4.23

$3.45 CA$4.91

22.61%

Local Cheese (1kg)

$16.92 $16.92

$8.93 CA$12.73

89.47%

Chicken Fillets (1kg)

$21.06 $21.06

$11.44 CA$16.31

84.09%

Beef Round Steak (1kg)

$16.81 $16.81

$14.61 CA$20.83

15.06%

Apples (1kg)

$5.83 $5.83

$3.75 CA$5.34

55.47%

Banana (1kg)

$1.82 $1.82

$1.15 CA$1.64

58.26%

Oranges (1kg)

$3.92 $3.92

$3.55 CA$5.06

10.42%

Tomato (1kg)

$4.29 $4.29

$4.28 CA$6.10

0.23%

Potato (1kg)

$2.81 $2.81

$1.85 CA$2.63

51.89%

Onion (1kg)

$2.05 $2.05

$1.67 CA$2.38

22.75%

Lettuce (1 head)

$2.50 $2.50

$2.22 CA$3.16

12.61%

Water (1.5 liter bottle)

$2.55 $2.55

$1.21 CA$1.72

110.74%

Cigarettes 20 Pack (Marlboro, Camel)

$10.63 $10.63

$13.88 CA$19.78

-23.41%

Wine (Bottle)

$16.03 $16.03

$14.25 CA$20.31

12.49%

Local Beer (0.5 liter bottle)

$2.13 $2.13

$2.20 CA$3.13

-3.18%

Imported Beer (0.33 liter bottle)

$4.06 $4.06

$2.42 CA$3.45

67.77%

One-way Ticket (Public Transport)

$1.94 $1.94

$2.42 CA$3.44

-19.83%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.83 $2.83

$2.90 CA$4.13

-2.41%

Taxi (Normal Tariff) (1km)

$1.54 $1.54

$1.26 CA$1.80

22.22%

Taxi 1hour Waiting (Normal Tariff)

$32.61 $32.61

$22.03 CA$31.40

48.03%

Gasoline (1 liter)

$1.09 $1.09

$1.22 CA$1.74

-10.66%

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

$30.9K $30.9K

$27.6K CA$39.4K

11.88%

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

$24.6K $24.6K

$19.8K CA$28.3K

24.28%

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

$250 $250

$122 CA$174

104.99%

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

$44.16 $44.16

$32.03 CA$45.66

37.87%

Internet (50+ Mbps, Unlimited Data)

$94.9 $94.9

$47.92 CA$68.3

98.12%

Gym Membership (Monthly)

$40.25 $40.25

$38.90 CA$55.5

3.47%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

Cinema Ticket

$18.10 $18.10

$12.61 CA$17.97

43.54%

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

$1,367 $1,367

$834 CA$1,189

63.97%

International Primary School, 1 Child (Yearly)

$15.3K $15.3K

$23.3K CA$33.3K

-34.27%

Jeans (Levis 501 Or Similar)

$62.0 $62.0

$52.6 CA$75.0

17.81%

Summer Dress (H&M, Zara, etc)

$57.0 $57.0

$40.26 CA$57.4

41.63%

Sport Shoes (Adidas, Nike)

$78.4 $78.4

$96.2 CA$137

-18.49%

Men's Leather Business Shoes

$114 $114

$123 CA$175

-7.43%

1-bedroom Apartment, City Center (Monthly)

$1,567 $1,567

$1,598 CA$2,278

-1.97%

1-bedroom Apartment, Outside City Center (Monthly)

$1,310 $1,310

$1,435 CA$2,045

-8.73%

3-bedroom Apartment, City Center (Monthly)

$2,452 $2,452

$2,657 CA$3,787

-7.72%

3-bedroom Apartment, Outside City Center (Monthly)

$2,176 $2,176

$2,096 CA$2,988

3.80%

Buy Apartment in City Center (m2)

$2,375 $2,375

$8,033 CA$11.5K

-70.44%

Buy Apartment Outside City Center (m2)

$2,634 $2,634

$6,557 CA$9,347

-59.83%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

20-Year Fixed Mortgage Interest Rate (Annual %)

6.64

4.47

48.55%

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

Last update for Edgewood, NM: October 5, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Edgewood, NM

$1.3K 48.1%

Toronto

$1.4K 55.4% 9.6% $125

Groceries & Markets

Edgewood, NM

$482 17.7%

Toronto

$340 13.1% 29.4% $142

Monthly Utilities & Internet

Edgewood, NM

$389 14.3%

Toronto

$202 7.8% 48.1% $187

Eating Out

Edgewood, NM

$305 11.2%

Toronto

$282 10.9% 7.7% $24

Clothing & Footwear

Edgewood, NM

$140 5.2%

Toronto

$140 5.4% 0.3% $0.4

Sport & Entertainment

Edgewood, NM

$76 2.8%

Toronto

$64 2.5% 16.1% $12

Getting Around

Edgewood, NM

$18 * 0.7%

Toronto

$130 5% 608% $111

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

Cost Breakdown

A central one-bedroom costs $1,567 in Edgewood, NM 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.

A mid-range dinner for two costs $77.0 in Edgewood, NM versus $77.0 in Toronto. Groceries tell a different story – $482 in Edgewood, NM vs $340 in Toronto – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Edgewood, NM

🇨🇦 Toronto

🕒 Local time

16:41 4:41 PM

18:41 6:41 PM

2 h ahead of Edgewood, NM

🌤 Weather

👥 Population

6,000

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.892 EUR

1 CAD = 0.702 USD

1 CAD = 0.626 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 = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

CAD to USD in detail →

On the map

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Between locations

Edgewood, NM Toronto 2,480 km ≈ 3 h 30 min nonstop flight

From you

Edgewood, NM
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

Edgewood, NM vs Toronto: Cost of Living - Frequently Asked Questions

Yes – Edgewood, NM is pricier by about 6%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $4,033 per month in Edgewood, NM 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 Toronto, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $77.0 in Edgewood, NM and $77.0 in Toronto. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 42% more in Edgewood, NM, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$2,500 is a stretch for both – monthly costs hit $2,689 in Edgewood, NM and $2,530 in Toronto. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Toronto – 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 Toronto. If higher salaries, better infrastructure, or specific career opportunities are the priority, Edgewood, NM makes more sense. Both are solid long-term options with distinct trade-offs.