Last update: Oct 2026

Cost of Living Comparison Between Highlands Ranch, CO and Toronto

For one person, living is cheaper in Toronto: $2,610 a month against $3,365 in Highlands Ranch, CO, rent and utilities included – about $9,100 less a year. Higher rent and utilities in Highlands Ranch, CO outweigh lower spending on other living expenses.

161

Cost of Living Index in Highlands Ranch, CO
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Highlands Ranch, CO Living Index
126

Cost of Living Index in Toronto
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Toronto Living Index

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Highlands Ranch, CO

🇺🇸 United States

$3,365

/mo nomad

Toronto

🇨🇦 Canada

$2,610

/mo nomad

Monthly Cost of Living

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

A single person spends $3,365 per month in Highlands Ranch, CO vs $2,610 in Toronto, rent included.

Highlands Ranch, CO $3,365
Toronto $2,610

A couple spends around $2,987 per month in Highlands Ranch, CO vs $3,727 in Toronto, rent included.

Highlands Ranch, CO $2,987
Toronto $3,727

A family of three spends $2,609 per month in Highlands Ranch, CO vs $4,844 in Toronto, rent included.

Highlands Ranch, CO $2,609
Toronto $4,844

Highlands Ranch, CO costs about 29% more than Toronto, and outside of rent the biggest gap is in transport.

Both Highlands Ranch, CO and Toronto sit above the global median – Highlands Ranch, CO by 148%, Toronto by 93%.

Meal at Budget Restaurant

$15.27 $15.27

$17.59 CA$24.87

-13.19%

Three-Course Dinner for Two, Mid-Range

$79.5 $79.5

$78.8 CA$111

0.89%

Fast Food Meal (McDonalds, etc)

$10.20 $10.20

$10.73 CA$15.16

-4.94%

Cappuccino

$6.26 $6.26

$4.09 CA$5.78

53.06%

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

$2.48 $2.48

$2.10 CA$2.97

18.10%

Water (0.33 liter bottle)

$2.13 $2.13

$1.72 CA$2.43

23.84%

Local Beer (0.5 liter draught)

$5.06 $5.06

$6.36 CA$8.99

-20.44%

Imported Beer (0.33 liter bottle)

$6.15 $6.15

$7.08 CA$10.01

-13.14%

Milk (1 liter)

$1.04 $1.04

$2.54 CA$3.59

-59.06%

White Bread (500g)

$2.89 $2.89

$2.72 CA$3.85

6.25%

Rice (white) (1kg)

$2.80 $2.80

$2.18 CA$3.09

28.44%

Eggs

$4.28 $4.28

$3.63 CA$5.13

17.91%

Local Cheese (1kg)

$10.81 $10.81

$9.46 CA$13.37

14.27%

Chicken Fillets (1kg)

$7.20 $7.20

$11.54 CA$16.32

-37.61%

Beef Round Steak (1kg)

$19.01 $19.01

$14.37 CA$20.32

32.29%

Apples (1kg)

$4.04 $4.04

$3.70 CA$5.23

9.19%

Banana (1kg)

$1.50 $1.50

$1.19 CA$1.68

26.05%

Oranges (1kg)

$4.86 $4.86

$3.46 CA$4.90

40.46%

Tomato (1kg)

$5.26 $5.26

$4.22 CA$5.97

24.64%

Potato (1kg)

$3.61 $3.61

$1.79 CA$2.52

101.68%

Onion (1kg)

$4.58 $4.58

$1.65 CA$2.33

177.58%

Lettuce (1 head)

$2.22 $2.22

$2.20 CA$3.11

0.91%

Water (1.5 liter bottle)

$1.71 $1.71

$1.26 CA$1.78

35.71%

Cigarettes 20 Pack (Marlboro, Camel)

$10.41 $10.41

$13.97 CA$19.75

-25.48%

Wine (Bottle)

$16.42 $16.42

$14.20 CA$20.07

15.63%

Local Beer (0.5 liter bottle)

$2.50 $2.50

$2.25 CA$3.18

11.11%

Imported Beer (0.33 liter bottle)

$2.61 $2.61

$2.53 CA$3.58

3.16%

One-way Ticket (Public Transport)

$2.32 CA$3.28

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$2.48 $2.48

$3.06 CA$4.33

-18.95%

Taxi (Normal Tariff) (1km)

$1.89 $1.89

$1.22 CA$1.72

54.92%

Taxi 1hour Waiting (Normal Tariff)

$25.39 $25.39

$21.69 CA$30.66

17.06%

Gasoline (1 liter)

$1.02 $1.02

$1.21 CA$1.72

-15.70%

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

$28.0K $28.0K

$26.1K CA$37.0K

7.12%

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

$25.9K $25.9K

$21.1K CA$29.9K

22.83%

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

$215 $215

$120 CA$169

79.56%

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

$56.8 $56.8

$32.21 CA$45.54

76.22%

Internet (50+ Mbps, Unlimited Data)

$68.8 $68.8

$48.88 CA$69.1

40.73%

Gym Membership (Monthly)

$39.34 CA$55.6

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$11.99 $11.99

$12.58 CA$17.79

-4.69%

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

$1,306 $1,306

$832 CA$1,176

57.02%

International Primary School, 1 Child (Yearly)

$12.3K $12.3K

$23.6K CA$33.4K

-48.02%

Jeans (Levis 501 Or Similar)

$60.1 $60.1

$52.3 CA$73.9

15.02%

Summer Dress (H&M, Zara, etc)

$68.4 $68.4

$39.44 CA$55.8

73.38%

Sport Shoes (Adidas, Nike)

$78.5 $78.5

$99.0 CA$140

-20.72%

Men's Leather Business Shoes

$118 $118

$122 CA$172

-3.12%

1-bedroom Apartment, City Center (Monthly)

$2,864 $2,864

$1,631 CA$2,306

75.54%

1-bedroom Apartment, Outside City Center (Monthly)

$2,190 $2,190

$1,448 CA$2,048

51.22%

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

Average Monthly Net Salary (After Tax)

$7,275 $7,275

$3,520 CA$4,976

106.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.7

4.47

49.89%

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

Last update for Highlands Ranch, CO: October 19, 2026

Last update for Toronto: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Highlands Ranch, CO

$2.2K 65.1%

Toronto

$1.4K 55.5% 33.9% $742

Groceries & Markets

Highlands Ranch, CO

$368 10.9%

Toronto

$343 13.1% 6.8% $25

Monthly Utilities & Internet

Highlands Ranch, CO

$340 10.1%

Toronto

$201 7.7% 41% $140

Eating Out

Highlands Ranch, CO

$284 8.4%

Toronto

$283 10.9% 0.3% $0.8

Clothing & Footwear

Highlands Ranch, CO

$146 4.4%

Toronto

$141 5.4% 3.8% $5.6

Sport & Entertainment

Highlands Ranch, CO

$24 * 0.7%

Toronto

$65 2.5% 169% $41

Getting Around

Highlands Ranch, CO

$12 * 0.4%

Toronto

$130 5% 990% $118

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

Cost Breakdown

A central one-bedroom costs $2,864 in Highlands Ranch, CO 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.

Salaries run about 107% higher in Highlands Ranch, CO, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $80.0 in Highlands Ranch, CO versus $79.0 in Toronto. Monthly groceries follow the same trend: $368 vs $343 – making Toronto the more affordable choice for daily food spending.

Good to know

🇺🇸 Highlands Ranch, CO

🇨🇦 Toronto

🕒 Local time

19:20 7:20 PM

21:20 9:20 PM

2 h ahead of Highlands Ranch, CO

🌤 Weather

👥 Population

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 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 22, 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

Highlands Ranch, CO Toronto 2,170 km ≈ 3 h 15 min nonstop flight

From you

Highlands Ranch, 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

Highlands Ranch, CO vs Toronto: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,365 in Highlands Ranch, CO, $2,610 in Toronto – roughly 29% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $5,047 per month in Highlands Ranch, CO 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 Toronto, 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 $3,365 in Highlands Ranch, CO and $2,610 in Toronto. That's a gap of about 29%.

Kindergarten costs $1,306 per month in Highlands Ranch, CO and $832 in Toronto. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,500 is a stretch for both – monthly costs hit $3,365 in Highlands Ranch, CO and $2,610 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.

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 Toronto. If higher salaries, better infrastructure, or specific career opportunities are the priority, Highlands Ranch, CO makes more sense. Both are solid long-term options with distinct trade-offs.