Last update: Oct 2026

Cost of Living Comparison Between Fort Madison, IA and Toronto

For one person, living costs are similar in Fort Madison, IA and in Toronto: $2,559 and $2,610 a month, rent and utilities included.

124

Cost of Living Index in Fort Madison, IA
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Fort Madison, IA Living Index
126

Cost of Living Index in Toronto
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Toronto Living Index

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Fort Madison, IA

🇺🇸 United States

$2,559

/mo nomad

Toronto

🇨🇦 Canada

$2,610

/mo nomad

Monthly Cost of Living

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

A single person spends $2,559 per month in Fort Madison, IA vs $2,610 in Toronto, rent included.

Fort Madison, IA $2,559
Toronto $2,610

A couple spends around $3,754 per month in Fort Madison, IA vs $3,727 in Toronto, rent included.

Fort Madison, IA $3,754
Toronto $3,727

A family of three spends $4,950 per month in Fort Madison, IA vs $4,844 in Toronto, rent included.

Fort Madison, IA $4,950
Toronto $4,844

Fort Madison, IA is about 2% cheaper than Toronto, and outside of rent the biggest gap is in transport.

Both Fort Madison, IA and Toronto sit above the global median – Fort Madison, IA by 89%, Toronto by 93%.

Meal at Budget Restaurant

$19.82 $19.82

$17.59 CA$24.87

12.68%

Three-Course Dinner for Two, Mid-Range

$76.2 $76.2

$78.8 CA$111

-3.36%

Fast Food Meal (McDonalds, etc)

$11.40 $11.40

$10.73 CA$15.16

6.24%

Cappuccino

$5.49 $5.49

$4.09 CA$5.78

34.23%

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

$2.63 $2.63

$2.10 CA$2.97

25.24%

Water (0.33 liter bottle)

$1.98 $1.98

$1.72 CA$2.43

15.12%

Local Beer (0.5 liter draught)

$6.13 $6.13

$6.36 CA$8.99

-3.62%

Imported Beer (0.33 liter bottle)

$7.37 $7.37

$7.08 CA$10.01

4.10%

Milk (1 liter)

$1.05 $1.05

$2.54 CA$3.59

-58.66%

White Bread (500g)

$3.45 $3.45

$2.72 CA$3.85

26.84%

Rice (white) (1kg)

$4.30 $4.30

$2.18 CA$3.09

97.25%

Eggs

$4.15 $4.15

$3.63 CA$5.13

14.33%

Local Cheese (1kg)

$12.60 $12.60

$9.46 CA$13.37

33.19%

Chicken Fillets (1kg)

$11.33 $11.33

$11.54 CA$16.32

-1.82%

Beef Round Steak (1kg)

$17.07 $17.07

$14.37 CA$20.32

18.79%

Apples (1kg)

$4.89 $4.89

$3.70 CA$5.23

32.16%

Banana (1kg)

$1.58 $1.58

$1.19 CA$1.68

32.77%

Oranges (1kg)

$4.23 $4.23

$3.46 CA$4.90

22.25%

Tomato (1kg)

$4.82 $4.82

$4.22 CA$5.97

14.22%

Potato (1kg)

$2.84 $2.84

$1.79 CA$2.52

58.66%

Onion (1kg)

$2.94 $2.94

$1.65 CA$2.33

78.18%

Lettuce (1 head)

$2.14 $2.14

$2.20 CA$3.11

-2.73%

Water (1.5 liter bottle)

$2.21 $2.21

$1.26 CA$1.78

75.40%

Cigarettes 20 Pack (Marlboro, Camel)

$10.10 $10.10

$13.97 CA$19.75

-27.70%

Wine (Bottle)

$15.04 $15.04

$14.20 CA$20.07

5.92%

Local Beer (0.5 liter bottle)

$1.68 $1.68

$2.25 CA$3.18

-25.33%

Imported Beer (0.33 liter bottle)

$3.00 $3.00

$2.53 CA$3.58

18.58%

One-way Ticket (Public Transport)

$2.27 $2.27

$2.32 CA$3.28

-2.16%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$3.33 $3.33

$3.06 CA$4.33

8.82%

Taxi (Normal Tariff) (1km)

$1.76 $1.76

$1.22 CA$1.72

44.26%

Taxi 1hour Waiting (Normal Tariff)

$31.70 $31.70

$21.69 CA$30.66

46.15%

Gasoline (1 liter)

$0.92 $0.92

$1.21 CA$1.72

-23.97%

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

$26.6K $26.6K

$26.1K CA$37.0K

1.58%

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

$23.8K $23.8K

$21.1K CA$29.9K

12.74%

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

$201 $201

$120 CA$169

68.40%

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

$59.0 $59.0

$32.21 CA$45.54

83.17%

Internet (50+ Mbps, Unlimited Data)

$71.0 $71.0

$48.88 CA$69.1

45.21%

Gym Membership (Monthly)

$41.05 $41.05

$39.34 CA$55.6

4.35%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$14.14 $14.14

$12.58 CA$17.79

12.40%

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

$1,439 $1,439

$832 CA$1,176

72.99%

International Primary School, 1 Child (Yearly)

$23.7K $23.7K

$23.6K CA$33.4K

0.45%

Jeans (Levis 501 Or Similar)

$53.8 $53.8

$52.3 CA$73.9

2.85%

Summer Dress (H&M, Zara, etc)

$40.89 $40.89

$39.44 CA$55.8

3.68%

Sport Shoes (Adidas, Nike)

$88.0 $88.0

$99.0 CA$140

-11.11%

Men's Leather Business Shoes

$115 $115

$122 CA$172

-5.89%

1-bedroom Apartment, City Center (Monthly)

$1,582 $1,582

$1,631 CA$2,306

-3.06%

1-bedroom Apartment, Outside City Center (Monthly)

$1,287 $1,287

$1,448 CA$2,048

-11.13%

3-bedroom Apartment, City Center (Monthly)

$2,533 $2,533

$2,737 CA$3,869

-7.45%

3-bedroom Apartment, Outside City Center (Monthly)

$2,141 $2,141

$2,129 CA$3,010

0.56%

Buy Apartment in City Center (m2)

$2,414 $2,414

$8,206 CA$11.6K

-70.58%

Buy Apartment Outside City Center (m2)

$2,589 $2,589

$6,838 CA$9,666

-62.14%

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

20-Year Fixed Mortgage Interest Rate (Annual %)

6.57

4.47

46.98%

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

Last update for Fort Madison, IA: October 18, 2026

Last update for Toronto: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Fort Madison, IA

$1.3K 50.3%

Toronto

$1.4K 55.5% 12.5% $161

Groceries & Markets

Fort Madison, IA

$393 15.4%

Toronto

$343 13.1% 12.8% $50

Monthly Utilities & Internet

Fort Madison, IA

$331 13%

Toronto

$201 7.7% 39.4% $131

Eating Out

Fort Madison, IA

$322 12.6%

Toronto

$283 10.9% 12.2% $39

Clothing & Footwear

Fort Madison, IA

$134 5.2%

Toronto

$141 5.4% 5.1% $6.9

Sport & Entertainment

Fort Madison, IA

$69 2.7%

Toronto

$65 2.5% 7% $4.8

Getting Around

Fort Madison, IA

$21 * 0.8%

Toronto

$130 5% 513% $109

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

Cost Breakdown

A central one-bedroom costs $1,582 in Fort Madison, IA versus $1,631 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 $76.0 in Fort Madison, IA versus $79.0 in Toronto. Groceries tell a different story – $393 in Fort Madison, IA vs $343 in Toronto – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Fort Madison, IA

🇨🇦 Toronto

🕒 Local time

16:46 4:46 PM

17:46 5:46 PM

1 h ahead of Fort Madison, IA

🌤 Weather

👥 Population

10,270

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.89 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 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 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 20, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

CAD to USD in detail →

On the map

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Between locations

Fort Madison, IA Toronto 1,040 km ≈ 1 h 45 min nonstop flight

From you

Fort Madison, IA
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

Fort Madison, IA vs Toronto: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,559 in Fort Madison, IA, $2,610 in Toronto – roughly 2% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,838 per month in Fort Madison, IA and $3,916 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Fort Madison, IA, 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 $76.0 in Fort Madison, IA and $79.0 in Toronto. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 15% cheaper in Toronto – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

$3,000 is a stretch for both – monthly costs hit $2,559 in Fort Madison, IA and $2,610 in Toronto. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Fort Madison, IA – 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 Fort Madison, IA. 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.