Cost of Living Comparison Between Labrador City and Toronto Cost of Living Comparison Between Labrador City and Toronto

Monthly Cost of Living

Monthly costs for one person with rent: $2,465 in Labrador City versus $2,768 in Toronto.

Estimated couple costs with rent: $3,655 in Labrador City versus $4,066 in Toronto.

Monthly costs for a family of three with rent: $4,844 in Labrador City versus $5,364 in Toronto.

Living in Labrador City costs roughly 11% less than in Toronto, driven mainly by Eating Out.

Both cities are pricier than the global median: Labrador City 83% above, Toronto 106% above.

Meal at Budget Restaurant

$31.85 CA$43.63

$18.40 CA$25.20

73.10%

Three-Course Dinner for Two, Mid-Range

$71.5 CA$98.0

$81.3 CA$111

-12.04%

Fast Food Meal (McDonalds, etc)

$13.34 CA$18.27

$10.92 CA$14.97

22.16%

Cappuccino

$3.84 CA$5.26

$3.83 CA$5.25

0.26%

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

$4.30 CA$5.89

$2.19 CA$3.01

96.35%

Water (0.33 liter bottle)

$2.33 CA$3.19

$1.64 CA$2.25

42.07%

Local Beer (0.5 liter draught)

$5.50 CA$7.54

$5.87 CA$8.05

-6.30%

Imported Beer (0.33 liter bottle)

$5.95 CA$8.15

$6.74 CA$9.24

-11.72%

Milk (1 liter)

$2.16 CA$2.96

$2.69 CA$3.68

-19.70%

White Bread (500g)

$2.74 CA$3.75

$2.78 CA$3.81

-1.44%

Rice (white) (1kg)

$3.61 CA$4.95

$3.51 CA$4.81

2.85%

Eggs

$2.99 CA$4.10

$3.47 CA$4.76

-13.83%

Local Cheese (1kg)

$11.21 CA$15.36

$13.25 CA$18.15

-15.40%

Chicken Fillets (1kg)

$11.90 CA$16.30

$12.92 CA$17.70

-7.89%

Beef Round Steak (1kg)

$14.86 CA$20.36

$16.38 CA$22.44

-9.28%

Apples (1kg)

$4.09 CA$5.60

$4.03 CA$5.52

1.49%

Banana (1kg)

$1.36 CA$1.86

$1.17 CA$1.61

16.24%

Oranges (1kg)

$3.72 CA$5.10

$3.35 CA$4.59

11.04%

Tomato (1kg)

$3.75 CA$5.13

$4.01 CA$5.50

-6.48%

Potato (1kg)

$2.47 CA$3.38

$2.44 CA$3.34

1.23%

Onion (1kg)

$2.58 CA$3.53

$2.84 CA$3.90

-9.15%

Lettuce (1 head)

$2.59 CA$3.55

$2.39 CA$3.27

8.37%

Water (1.5 liter bottle)

$1.77 CA$2.42

$1.98 CA$2.71

-10.61%

Cigarettes 20 Pack (Marlboro, Camel)

$13.93 CA$19.08

$14.82 CA$20.31

-6.01%

Wine (Bottle)

$14.00 CA$19.18

$14.37 CA$19.68

-2.57%

Local Beer (0.5 liter bottle)

$2.90 CA$3.97

$2.77 CA$3.79

4.69%

Imported Beer (0.33 liter bottle)

$3.11 CA$4.26

$3.30 CA$4.52

-5.76%

One-way Ticket (Public Transport)

$2.44 CA$3.34

$2.45 CA$3.35

-0.41%

Public Transport Monthly Pass (Regular Price)

$62.2 CA$85.3

$113 CA$155

-45.15%

Taxi Start (Normal Tariff)

$3.23 CA$4.42

$3.61 CA$4.95

-10.53%

Taxi (Normal Tariff) (1km)

$1.43 CA$1.96

$1.42 CA$1.94

0.70%

Taxi 1hour Waiting (Normal Tariff)

$25.45 CA$34.87

$25.90 CA$35.48

-1.74%

Gasoline (1 liter)

$1.12 CA$1.53

$1.10 CA$1.50

1.82%

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

$25.3K CA$34.7K

$25.5K CA$35.0K

-0.98%

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

$21.0K CA$28.7K

0.01%

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

$144 CA$198

$119 CA$163

21.49%

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

$44.55 CA$61.0

$37.69 CA$51.6

18.20%

Internet (50+ Mbps, Unlimited Data)

$96.2 CA$132

$54.6 CA$74.7

76.26%

Gym Membership (Monthly)

$41.18 CA$56.4

$57.3 CA$78.5

-28.08%

Tennis Court (1 Hour on Weekend)

$20.68 CA$28.33

Cinema Ticket

$11.19 CA$15.33

$11.62 CA$15.92

-3.70%

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

$751 CA$1,028

$1,118 CA$1,531

-32.84%

International Primary School, 1 Child (Yearly)

$12.0K CA$16.5K

$18.3K CA$25.0K

-34.28%

Jeans (Levis 501 Or Similar)

$54.1 CA$74.1

$57.3 CA$78.6

-5.67%

Summer Dress (H&M, Zara, etc)

$39.13 CA$53.6

$39.80 CA$54.5

-1.68%

Sport Shoes (Adidas, Nike)

$85.8 CA$118

$88.4 CA$121

-2.98%

Men's Leather Business Shoes

$106 CA$145

$116 CA$159

-8.90%

1-bedroom Apartment, City Center (Monthly)

$1,308 CA$1,792

$1,836 CA$2,516

-28.78%

1-bedroom Apartment, Outside City Center (Monthly)

$1,181 CA$1,619

$1,550 CA$2,124

-23.79%

3-bedroom Apartment, City Center (Monthly)

$1,991 CA$2,728

$2,991 CA$4,097

-33.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,828 CA$2,504

$2,492 CA$3,415

-26.66%

Buy Apartment in City Center (m2)

$3,854 CA$5,281

$8,566 CA$11.7K

-55.00%

Buy Apartment Outside City Center (m2)

$3,524 CA$4,828

$6,905 CA$9,460

-48.96%

Average Monthly Net Salary (After Tax)

$3,385 CA$4,638

$3,697 CA$5,064

-8.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

5.16

23.84%

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

Last update for Labrador City: April 14, 2026

Last update for Toronto: April 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,308 in Labrador City and $1,836 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 9% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $72 in Labrador City vs $81 in Toronto for a mid-range dinner for two. Groceries echo the gap at $368 vs $392 per month, with Labrador City cheaper across the board.

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

Labrador City vs Toronto: Cost of Living - Frequently Asked Questions

Labrador City is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Getting Around, Sport & Entertainment. The 12% gap adds up to real monthly savings that compound significantly over time.

On paper, Toronto earns 9% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,308 in Labrador City versus $1,836 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Labrador City – a meal for two runs $72.0 versus $81.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,465 per month in Labrador City versus $2,768 in Toronto – a 12% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,465 in Labrador City versus $2,768 in Toronto, a $2,500 budget is realistic in Labrador City but tight or insufficient in Toronto. The gap between the two cities makes Labrador City the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Labrador City and Toronto are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Labrador City gentler on the wallet – expenses run 12% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.