Cost of Living Comparison Between Iqaluit, NU and Toronto Cost of Living Comparison Between Iqaluit, NU and Toronto

😐 Solo nomad: Iqaluit, NU is 13.7% more expensive than Toronto without rent, and 6.4% more expensive with rent.

😐 Family of 3: Iqaluit, NU is 26.6% more expensive than Toronto without rent, and 6.5% cheaper with rent.

Meal at Budget Restaurant

$31.15 CA$42.68

$18.50 CA$25.34

68.38%

Three-Course Dinner for Two, Mid-Range

$67.5 CA$92.4

$82.9 CA$114

-18.66%

Fast Food Meal (McDonalds, etc)

$12.91 CA$17.69

$11.00 CA$15.07

17.36%

Cappuccino

$6.66 CA$9.12

$3.93 CA$5.39

69.47%

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

$3.94 CA$5.40

$2.11 CA$2.90

86.73%

Water (0.33 liter bottle)

$1.70 CA$2.34

$1.64 CA$2.25

3.66%

Local Beer (0.5 liter draught)

$6.71 CA$9.20

$5.92 CA$8.11

13.34%

Imported Beer (0.33 liter bottle)

$5.87 CA$8.04

$6.49 CA$8.90

-9.55%

Milk (1 liter)

$2.53 CA$3.47

$2.72 CA$3.72

-6.99%

White Bread (500g)

$2.71 CA$3.72

$2.86 CA$3.92

-5.24%

Rice (white) (1kg)

$3.01 CA$4.12

$3.60 CA$4.93

-16.39%

Eggs

$4.37 CA$5.98

$3.61 CA$4.95

21.05%

Local Cheese (1kg)

$12.18 CA$16.69

$13.35 CA$18.29

-8.76%

Chicken Fillets (1kg)

$14.01 CA$19.19

$13.14 CA$18.01

6.62%

Beef Round Steak (1kg)

$25.29 CA$34.64

$16.87 CA$23.11

49.91%

Apples (1kg)

$1.94 CA$2.66

$4.17 CA$5.72

-53.48%

Banana (1kg)

$2.95 CA$4.04

$1.16 CA$1.59

154.31%

Oranges (1kg)

$1.96 CA$2.68

$3.24 CA$4.44

-39.51%

Tomato (1kg)

$2.06 CA$2.82

$4.03 CA$5.52

-48.88%

Potato (1kg)

$2.95 CA$4.04

$2.54 CA$3.49

16.14%

Onion (1kg)

$4.05 CA$5.55

$2.92 CA$4.00

38.70%

Lettuce (1 head)

$2.95 CA$4.04

$2.46 CA$3.37

19.92%

Water (1.5 liter bottle)

$3.43 CA$4.69

$1.97 CA$2.70

74.11%

Cigarettes 20 Pack (Marlboro, Camel)

$13.98 CA$19.15

$15.02 CA$20.57

-6.92%

Wine (Bottle)

$13.21 CA$18.10

$13.76 CA$18.86

-4.00%

Local Beer (0.5 liter bottle)

$1.50 CA$2.06

$2.67 CA$3.66

-43.82%

Imported Beer (0.33 liter bottle)

$2.19 CA$2.99

$3.19 CA$4.37

-31.35%

One-way Ticket (Public Transport)

$2.40 CA$3.29

$2.42 CA$3.31

-0.83%

Public Transport Monthly Pass (Regular Price)

$146 CA$200

$113 CA$155

29.08%

Taxi Start (Normal Tariff)

$6.80 CA$9.32

$3.73 CA$5.11

82.31%

Taxi (Normal Tariff) (1km)

$0.71 CA$0.97

$1.42 CA$1.94

-50.00%

Taxi 1hour Waiting (Normal Tariff)

$26.00 CA$35.62

$25.91 CA$35.50

0.35%

Gasoline (1 liter)

$1.29 CA$1.76

$1.09 CA$1.50

18.35%

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

$49.4K CA$67.7K

$24.9K CA$34.1K

98.31%

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

$46.0K CA$63.0K

$21.3K CA$29.2K

115.72%

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

$118 CA$162

$117 CA$160

1.29%

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

$55.3 CA$75.7

$37.93 CA$52.0

45.69%

Internet (50+ Mbps, Unlimited Data)

$56.1 CA$76.8

$53.3 CA$73.0

5.28%

Gym Membership (Monthly)

$42.02 CA$57.6

$56.4 CA$77.3

-25.48%

Tennis Court (1 Hour on Weekend)

$21.78 CA$29.84

$21.08 CA$28.87

3.32%

Cinema Ticket

$8.47 CA$11.61

$11.98 CA$16.41

-29.30%

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

$993 CA$1,360

$1,126 CA$1,543

-11.85%

International Primary School, 1 Child (Yearly)

$4,022 CA$5,510

$18.5K CA$25.3K

-78.22%

Jeans (Levis 501 Or Similar)

$62.0 CA$85.0

$58.4 CA$80.1

6.16%

Summer Dress (H&M, Zara, etc)

$36.73 CA$50.3

$39.18 CA$53.7

-6.25%

Sport Shoes (Adidas, Nike)

$104 CA$143

$89.2 CA$122

16.77%

Men's Leather Business Shoes

$119 CA$164

$117 CA$160

2.52%

1-bedroom Apartment, City Center (Monthly)

$1,728 CA$2,368

$1,787 CA$2,448

-3.30%

1-bedroom Apartment, Outside City Center (Monthly)

$1,608 CA$2,203

$1,560 CA$2,137

3.07%

3-bedroom Apartment, City Center (Monthly)

$3,098 CA$4,244

$2,987 CA$4,093

3.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,808 CA$2,476

$2,445 CA$3,350

-26.08%

Buy Apartment in City Center (m2)

$4,445 CA$6,090

$8,834 CA$12.1K

-49.68%

Buy Apartment Outside City Center (m2)

$3,594 CA$4,924

$6,835 CA$9,365

-47.42%

Average Monthly Net Salary (After Tax)

$4,385 CA$6,008

$3,638 CA$4,984

20.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.1

5.16

56.98%

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

Last update for Iqaluit, NU: March 1, 2026

Last update for Toronto: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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