Last update: Nov 2026

Cost of Living Comparison Between Georgetown, Guyana and Toronto

For one person, living is cheaper in Georgetown: $1,635 a month against $2,599 in Toronto, rent and utilities included – about $11,600 less a year. Rent and utilities account for most of the difference.

78

Cost of Living Index in Georgetown
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Georgetown Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Georgetown

🇬🇾 Guyana

$1,635

/mo nomad

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Monthly Cost of Living

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

A single person spends $1,635 per month in Georgetown vs $2,599 in Toronto, rent included.

Georgetown $1,635
Toronto $2,599

A couple spends around $2,774 per month in Georgetown vs $3,700 in Toronto, rent included.

Georgetown $2,774
Toronto $3,700

A family of three spends $3,913 per month in Georgetown vs $4,801 in Toronto, rent included.

Georgetown $3,913
Toronto $4,801

Georgetown is about 37% cheaper than Toronto, and outside of rent the biggest gap is in transport.

Both Georgetown and Toronto sit above the global median – Georgetown by 21%, Toronto by 92%.

Meal at Budget Restaurant

$17.62 GYD 3,677

$17.98 CA$25.20

-2.00%

Three-Course Dinner for Two, Mid-Range

$70.6 GYD 14.7K

$72.3 CA$101

-2.35%

Fast Food Meal (McDonalds, etc)

$9.27 GYD 1,934

$10.83 CA$15.18

-14.40%

Cappuccino

$5.86 GYD 1,223

$4.34 CA$6.09

35.02%

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

$1.28 GYD 267

$2.16 CA$3.03

-40.74%

Water (0.33 liter bottle)

$0.65 GYD 135

$1.66 CA$2.32

-60.84%

Local Beer (0.5 liter draught)

$1.87 GYD 390

$6.35 CA$8.90

-70.55%

Imported Beer (0.33 liter bottle)

$3.33 GYD 695

$7.34 CA$10.29

-54.63%

Milk (1 liter)

$3.64 GYD 759

$2.57 CA$3.60

41.63%

White Bread (500g)

$2.03 GYD 424

$2.71 CA$3.79

-25.09%

Rice (white) (1kg)

$1.99 GYD 415

$2.28 CA$3.19

-12.72%

Eggs

$3.93 GYD 821

$3.60 CA$5.05

9.17%

Local Cheese (1kg)

$16.89 GYD 3,525

$8.94 CA$12.54

88.93%

Chicken Fillets (1kg)

$7.21 GYD 1,504

$11.19 CA$15.69

-35.57%

Beef Round Steak (1kg)

$9.28 GYD 1,937

$15.23 CA$21.34

-39.07%

Apples (1kg)

$8.16 GYD 1,702

$3.74 CA$5.25

118.18%

Banana (1kg)

$4.00 GYD 834

$1.23 CA$1.72

225.20%

Oranges (1kg)

$4.15 GYD 867

$3.58 CA$5.02

15.92%

Tomato (1kg)

$6.91 GYD 1,443

$4.25 CA$5.96

62.59%

Potato (1kg)

$2.41 GYD 503

$1.94 CA$2.72

24.23%

Onion (1kg)

$3.09 GYD 644

$1.67 CA$2.34

85.03%

Lettuce (1 head)

$3.13 GYD 653

$2.30 CA$3.22

36.09%

Water (1.5 liter bottle)

$1.68 GYD 351

$1.26 CA$1.77

33.33%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 GYD 687

$14.19 CA$19.90

-76.81%

Wine (Bottle)

$16.65 GYD 3,474

$14.25 CA$19.97

16.84%

Local Beer (0.5 liter bottle)

$1.84 GYD 384

$2.28 CA$3.20

-19.30%

Imported Beer (0.33 liter bottle)

$2.53 GYD 528

$2.58 CA$3.62

-1.94%

One-way Ticket (Public Transport)

$0.58 GYD 122

$2.35 CA$3.30

-75.32%

Public Transport Monthly Pass (Regular Price)

$60.6 GYD 12.7K

$111 CA$156

-45.36%

Taxi Start (Normal Tariff)

$4.36 GYD 909

$3.01 CA$4.22

44.85%

Taxi (Normal Tariff) (1km)

$2.32 GYD 484

$1.22 CA$1.71

90.16%

Taxi 1hour Waiting (Normal Tariff)

$11.73 GYD 2,449

$21.82 CA$30.59

-46.24%

Gasoline (1 liter)

$1.09 GYD 227

$1.23 CA$1.73

-11.38%

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

$26.7K GYD 5.6M

$27.0K CA$37.8K

-0.94%

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

$22.6K GYD 4.7M

$21.8K CA$30.6K

3.41%

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

$120 GYD 25.1K

$121 CA$169

-0.40%

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

$21.14 GYD 4,413

$33.10 CA$46.40

-36.13%

Internet (50+ Mbps, Unlimited Data)

$43.76 GYD 9,131

$49.09 CA$68.8

-10.86%

Gym Membership (Monthly)

$37.80 GYD 7,888

$36.65 CA$51.4

3.14%

Tennis Court (1 Hour on Weekend)

$15.24 GYD 3,180

$25.01 CA$35.06

-39.06%

Cinema Ticket

$6.49 GYD 1,354

$12.78 CA$17.91

-49.22%

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

$1,020 GYD 213.0K

$754 CA$1,058

35.26%

International Primary School, 1 Child (Yearly)

$13.6K GYD 2.8M

$33.7K CA$47.2K

-59.58%

Jeans (Levis 501 Or Similar)

$38.47 GYD 8,029

$50.4 CA$70.6

-23.66%

Summer Dress (H&M, Zara, etc)

$41.04 GYD 8,564

$41.43 CA$58.1

-0.94%

Sport Shoes (Adidas, Nike)

$135 GYD 28.2K

$101 CA$142

33.66%

Men's Leather Business Shoes

$83.1 GYD 17.3K

$130 CA$183

-36.19%

1-bedroom Apartment, City Center (Monthly)

$954 GYD 199.1K

$1,590 CA$2,228

-40.00%

1-bedroom Apartment, Outside City Center (Monthly)

$518 GYD 108.2K

$1,424 CA$1,996

-63.60%

3-bedroom Apartment, City Center (Monthly)

$3,249 GYD 678.1K

$2,641 CA$3,702

23.03%

3-bedroom Apartment, Outside City Center (Monthly)

$1,298 GYD 270.8K

$2,090 CA$2,930

-37.91%

Buy Apartment in City Center (m2)

$3,604 GYD 752.2K

$7,730 CA$10.8K

-53.37%

Buy Apartment Outside City Center (m2)

$1,586 GYD 331.1K

$6,892 CA$9,661

-76.98%

Average Monthly Net Salary (After Tax)

$506 GYD 105.6K

$3,623 CA$5,078

-86.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.94

4.45

55.96%

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

Last update for Georgetown: November 2, 2026

Last update for Toronto: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Georgetown

$518 31.7%

Toronto

$1.4K 54.8% 175% $906

Groceries & Markets

Georgetown

$405 24.8%

Toronto

$345 13.3% 14.7% $60

Eating Out

Georgetown

$263 16.1%

Toronto

$290 11.2% 10.4% $27

Monthly Utilities & Internet

Georgetown

$185 11.3%

Toronto

$203 7.8% 9.6% $18

Clothing & Footwear

Georgetown

$134 8.2%

Toronto

$145 5.6% 8.5% $11

Getting Around

Georgetown

$79 4.8%

Toronto

$130 5% 64.1% $51

Sport & Entertainment

Georgetown

$51 3.1%

Toronto

$62 2.4% 22.5% $11

Cost Breakdown

A central one-bedroom costs $954 in Georgetown versus $1,590 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 in Toronto are about 7.2 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $71 in Georgetown versus $72 in Toronto. Groceries tell a different story – $405 in Georgetown vs $345 in Toronto – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇬🇾 Georgetown

🇨🇦 Toronto

🕒 Local time

16:50 4:50 PM

15:50 3:50 PM

1 h behind Georgetown

🌤 Weather

👥 Population

310,320 Capital

2,731,571

💱 Currency

Guyanese Dollar GYD $

Canadian Dollar CAD $

📈 Exchange rate

1,000 GYD = 4.79 USD

1,000 GYD = 4.29 EUR

1 CAD = 0.713 USD

1 CAD = 0.638 EUR

Exchange rates and currency converter

CAD, USD, EUR to GYD – Guyanese Dollar Converter

🇺🇸 United States Dollar ($)

🇬🇾 Guyanese Dollar ($)

Guyanese Dollar exchange rates as of November 6, 2026: 1 USD = 209 GYD (1,000 GYD = 4.79 USD). 1 EUR = 233 GYD (1,000 GYD = 4.29 EUR).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

USD to GYD in detail →

On the map

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Highest

Between locations

Georgetown Toronto 4,590 km ≈ 6 h nonstop flight

From you

Georgetown
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

Georgetown vs Toronto: Cost of Living - Frequently Asked Questions

Toronto costs about 59% more than Georgetown, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,452 per month in Georgetown and $3,899 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Georgetown, especially for central apartments: a one-bedroom in the center costs $954 there versus $1,590 in Toronto.

Public transport costs about 45% less in Georgetown. For daily commuters, that gap adds up to noticeable savings over a year.

Interestingly, groceries are about 15% cheaper in Toronto – one category where the pricier city actually offers better value.

A $2,000 monthly budget goes further in Georgetown, where all-in costs run around $1,635, than in Toronto at $2,599. In Georgetown it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

It depends on your priorities. Georgetown has an edge in some lifestyle areas, with costs from $1,635 in Georgetown to $2,599 in Toronto. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Georgetown. If higher salaries or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.