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

😐 Solo nomad: Iqaluit, NU is 2% more expensive than Toronto without rent, and 11.9% more expensive with rent.

😐 Family of 3: Iqaluit, NU is 20.1% more expensive than Toronto without rent, and 6.7% cheaper with rent.

Meal at Budget Restaurant

$31.39 CA$43.01

$18.40 CA$25.20

70.60%

Three-Course Dinner for Two, Mid-Range

$65.1 CA$89.2

$81.3 CA$111

-19.94%

Fast Food Meal (McDonalds, etc)

$13.11 CA$17.97

$10.92 CA$14.97

20.05%

Cappuccino

$6.63 CA$9.08

$3.83 CA$5.25

73.11%

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

$3.92 CA$5.38

$2.19 CA$3.01

79.00%

Water (0.33 liter bottle)

$1.69 CA$2.31

$1.64 CA$2.25

3.05%

Local Beer (0.5 liter draught)

$6.96 CA$9.53

$5.87 CA$8.05

18.57%

Imported Beer (0.33 liter bottle)

$5.72 CA$7.83

$6.74 CA$9.24

-15.13%

Milk (1 liter)

$2.55 CA$3.50

$2.69 CA$3.68

-5.20%

White Bread (500g)

$2.61 CA$3.57

$2.78 CA$3.81

-6.12%

Rice (white) (1kg)

$2.99 CA$4.09

$3.51 CA$4.81

-14.81%

Eggs

$4.31 CA$5.91

$3.47 CA$4.76

24.21%

Local Cheese (1kg)

$12.07 CA$16.53

$13.25 CA$18.15

-8.91%

Chicken Fillets (1kg)

$13.97 CA$19.14

$12.92 CA$17.70

8.13%

Beef Round Steak (1kg)

$25.25 CA$34.60

$16.38 CA$22.44

54.15%

Apples (1kg)

$2.01 CA$2.76

$4.03 CA$5.52

-50.12%

Banana (1kg)

$2.97 CA$4.07

$1.17 CA$1.61

153.85%

Oranges (1kg)

$2.06 CA$2.82

$3.35 CA$4.59

-38.51%

Tomato (1kg)

$1.95 CA$2.68

$4.01 CA$5.50

-51.37%

Potato (1kg)

$3.09 CA$4.23

$2.44 CA$3.34

26.64%

Onion (1kg)

$3.95 CA$5.41

$2.84 CA$3.90

39.08%

Lettuce (1 head)

$3.03 CA$4.16

$2.39 CA$3.27

26.78%

Water (1.5 liter bottle)

$3.54 CA$4.85

$1.98 CA$2.71

78.79%

Cigarettes 20 Pack (Marlboro, Camel)

$14.35 CA$19.66

$14.82 CA$20.31

-3.17%

Wine (Bottle)

$13.32 CA$18.24

$14.37 CA$19.68

-7.31%

Local Beer (0.5 liter bottle)

$1.48 CA$2.03

$2.77 CA$3.79

-46.57%

Imported Beer (0.33 liter bottle)

$2.17 CA$2.98

$3.30 CA$4.52

-34.24%

One-way Ticket (Public Transport)

$2.36 CA$3.23

$2.45 CA$3.35

-3.67%

Public Transport Monthly Pass (Regular Price)

$146 CA$200

$113 CA$155

28.74%

Taxi Start (Normal Tariff)

$6.52 CA$8.94

$3.61 CA$4.95

80.61%

Taxi (Normal Tariff) (1km)

$0.66 CA$0.91

$1.42 CA$1.94

-53.52%

Taxi 1hour Waiting (Normal Tariff)

$26.23 CA$35.94

$25.90 CA$35.48

1.27%

Gasoline (1 liter)

$1.32 CA$1.81

$1.10 CA$1.50

20.00%

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

$49.5K CA$67.8K

$25.5K CA$35.0K

93.64%

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

$45.0K CA$61.6K

$21.0K CA$28.7K

114.59%

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

$116 CA$159

$119 CA$163

-2.22%

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

$54.6 CA$74.9

$37.69 CA$51.6

44.95%

Internet (50+ Mbps, Unlimited Data)

$55.4 CA$75.8

$54.6 CA$74.7

1.47%

Gym Membership (Monthly)

$41.74 CA$57.2

$57.3 CA$78.5

-27.10%

Tennis Court (1 Hour on Weekend)

$22.20 CA$30.42

$20.68 CA$28.33

7.35%

Cinema Ticket

$8.26 CA$11.32

$11.62 CA$15.92

-28.92%

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

$996 CA$1,364

$1,118 CA$1,531

-10.91%

International Primary School, 1 Child (Yearly)

$4,071 CA$5,577

$18.3K CA$25.0K

-77.73%

Jeans (Levis 501 Or Similar)

$62.6 CA$85.7

$57.3 CA$78.6

9.16%

Summer Dress (H&M, Zara, etc)

$36.21 CA$49.61

$39.80 CA$54.5

-9.02%

Sport Shoes (Adidas, Nike)

$102 CA$139

$88.4 CA$121

15.06%

Men's Leather Business Shoes

$121 CA$166

$116 CA$159

4.45%

1-bedroom Apartment, City Center (Monthly)

$1,704 CA$2,334

$1,836 CA$2,516

-7.21%

1-bedroom Apartment, Outside City Center (Monthly)

$1,590 CA$2,178

$1,550 CA$2,124

2.56%

3-bedroom Apartment, City Center (Monthly)

$3,063 CA$4,197

$2,991 CA$4,097

2.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,838 CA$2,518

$2,492 CA$3,415

-26.27%

Buy Apartment in City Center (m2)

$4,509 CA$6,178

$8,566 CA$11.7K

-47.36%

Buy Apartment Outside City Center (m2)

$3,680 CA$5,041

$6,905 CA$9,460

-46.71%

Average Monthly Net Salary (After Tax)

$4,373 CA$5,990

$3,697 CA$5,064

18.29%

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: April 14, 2026

Last update for Toronto: April 13, 2026

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

Iqaluit, NU vs other spots: cost of living compared

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