Last update: Oct 2026

Cost of Living Comparison Between Labrador City and Toronto

For one person, living is cheaper in Labrador City: $2,361 a month against $2,610 in Toronto, rent and utilities included – about $3,000 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

115

Cost of Living Index in Labrador City
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Labrador City Living Index
126

Cost of Living Index in Toronto
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Toronto Living Index

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Labrador City

🇨🇦 Canada

$2,361

/mo nomad

Toronto

🇨🇦 Canada

$2,610

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,361 in Labrador City versus $2,610 in Toronto.

Labrador City $2,361
Toronto $2,610

Estimated couple costs with rent: $3,438 in Labrador City versus $3,727 in Toronto.

Labrador City $3,438
Toronto $3,727

Monthly costs for a family of three with rent: $4,514 in Labrador City versus $4,844 in Toronto.

Labrador City $4,514
Toronto $4,844

Living in Labrador City costs roughly 10% less than in Toronto, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Labrador City 74% above, Toronto 93% above.

Meal at Budget Restaurant

$29.93 CA$42.31

$17.59 CA$24.87

70.15%

Three-Course Dinner for Two, Mid-Range

$68.8 CA$97.2

$78.8 CA$111

-12.76%

Fast Food Meal (McDonalds, etc)

$12.75 CA$18.02

$10.73 CA$15.16

18.83%

Cappuccino

$3.50 CA$4.95

$4.09 CA$5.78

-14.43%

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

$4.12 CA$5.83

$2.10 CA$2.97

96.19%

Water (0.33 liter bottle)

$2.16 CA$3.05

$1.72 CA$2.43

25.58%

Local Beer (0.5 liter draught)

$5.37 CA$7.59

$6.36 CA$8.99

-15.57%

Imported Beer (0.33 liter bottle)

$5.64 CA$7.97

$7.08 CA$10.01

-20.34%

Milk (1 liter)

$2.07 CA$2.93

$2.54 CA$3.59

-18.50%

White Bread (500g)

$2.41 CA$3.41

$2.72 CA$3.85

-11.40%

Rice (white) (1kg)

$3.23 CA$4.56

$2.18 CA$3.09

48.17%

Eggs

$2.86 CA$4.05

$3.63 CA$5.13

-21.21%

Local Cheese (1kg)

$9.73 CA$13.76

$9.46 CA$13.37

2.85%

Chicken Fillets (1kg)

$11.22 CA$15.86

$11.54 CA$16.32

-2.77%

Beef Round Steak (1kg)

$14.41 CA$20.37

$14.37 CA$20.32

0.28%

Apples (1kg)

$3.68 CA$5.20

$3.70 CA$5.23

-0.54%

Banana (1kg)

$1.29 CA$1.82

$1.19 CA$1.68

8.40%

Oranges (1kg)

$3.74 CA$5.28

$3.46 CA$4.90

8.09%

Tomato (1kg)

$3.80 CA$5.37

$4.22 CA$5.97

-9.95%

Potato (1kg)

$2.44 CA$3.45

$1.79 CA$2.52

36.31%

Onion (1kg)

$2.20 CA$3.11

$1.65 CA$2.33

33.33%

Lettuce (1 head)

$2.45 CA$3.46

$2.20 CA$3.11

11.36%

Water (1.5 liter bottle)

$1.62 CA$2.28

$1.26 CA$1.78

28.57%

Cigarettes 20 Pack (Marlboro, Camel)

$14.02 CA$19.82

$13.97 CA$19.75

0.36%

Wine (Bottle)

$12.78 CA$18.06

$14.20 CA$20.07

-10.00%

Local Beer (0.5 liter bottle)

$2.57 CA$3.63

$2.25 CA$3.18

14.22%

Imported Beer (0.33 liter bottle)

$3.08 CA$4.36

$2.53 CA$3.58

21.74%

One-way Ticket (Public Transport)

$2.25 CA$3.18

$2.32 CA$3.28

-3.02%

Public Transport Monthly Pass (Regular Price)

$62.0 CA$87.7

$112 CA$158

-44.44%

Taxi Start (Normal Tariff)

$2.92 CA$4.13

$3.06 CA$4.33

-4.58%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

$1.22 CA$1.72

21.31%

Taxi 1hour Waiting (Normal Tariff)

$22.79 CA$32.22

$21.69 CA$30.66

5.07%

Gasoline (1 liter)

$1.18 CA$1.67

$1.21 CA$1.72

-2.48%

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

$28.2K CA$39.8K

$26.1K CA$37.0K

7.83%

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

$19.0K CA$26.9K

$21.1K CA$29.9K

-9.95%

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

$133 CA$187

$120 CA$169

10.83%

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

$38.45 CA$54.4

$32.21 CA$45.54

19.37%

Internet (50+ Mbps, Unlimited Data)

$91.7 CA$130

$48.88 CA$69.1

87.64%

Gym Membership (Monthly)

$40.01 CA$56.6

$39.34 CA$55.6

1.70%

Tennis Court (1 Hour on Weekend)

$18.16 CA$25.68

$23.58 CA$33.34

-22.99%

Cinema Ticket

$11.21 CA$15.84

$12.58 CA$17.79

-10.89%

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

$736 CA$1,041

$832 CA$1,176

-11.47%

International Primary School, 1 Child (Yearly)

$13.0K CA$18.4K

$23.6K CA$33.4K

-44.76%

Jeans (Levis 501 Or Similar)

$52.4 CA$74.1

$52.3 CA$73.9

0.31%

Summer Dress (H&M, Zara, etc)

$37.89 CA$53.6

$39.44 CA$55.8

-3.93%

Sport Shoes (Adidas, Nike)

$84.2 CA$119

$99.0 CA$140

-14.99%

Men's Leather Business Shoes

$103 CA$145

$122 CA$172

-15.60%

1-bedroom Apartment, City Center (Monthly)

$1,235 CA$1,746

$1,631 CA$2,306

-24.29%

1-bedroom Apartment, Outside City Center (Monthly)

$1,104 CA$1,561

$1,448 CA$2,048

-23.78%

3-bedroom Apartment, City Center (Monthly)

$1,968 CA$2,782

$2,737 CA$3,869

-28.10%

3-bedroom Apartment, Outside City Center (Monthly)

$1,710 CA$2,417

$2,129 CA$3,010

-19.70%

Buy Apartment in City Center (m2)

$4,188 CA$5,920

$8,206 CA$11.6K

-48.97%

Buy Apartment Outside City Center (m2)

$3,561 CA$5,034

$6,838 CA$9,666

-47.92%

Average Monthly Net Salary (After Tax)

$3,269 CA$4,622

$3,520 CA$4,976

-7.12%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

4.47

42.95%

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

Last update for Labrador City: October 17, 2026

Last update for Toronto: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Labrador City

$1.1K 46.7%

Toronto

$1.4K 55.5% 31.2% $344

Eating Out

Labrador City

$383 16.2%

Toronto

$283 10.9% 26.1% $100

Groceries & Markets

Labrador City

$343 14.5%

Toronto

$343 13.1% 0.1% $0.3

Monthly Utilities & Internet

Labrador City

$263 11.1%

Toronto

$201 7.7% 23.6% $62

Clothing & Footwear

Labrador City

$125 5.3%

Toronto

$141 5.4% 12.7% $16

Getting Around

Labrador City

$81 3.4%

Toronto

$130 5% 59.9% $49

Sport & Entertainment

Labrador City

$62 2.6%

Toronto

$65 2.5% 3.3% $2.1

Cost Breakdown

A one-bedroom apartment in the center runs $1,235 in Labrador City and $1,631 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 8% 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: $69.0 in Labrador City vs $79.0 in Toronto for a mid-range dinner for two. Groceries echo the gap at $343 vs $343 per month, with Labrador City cheaper across the board.

Good to know

🇨🇦 Labrador City

🇨🇦 Toronto

🕒 Local time

01:13 1:13 AM

00:13 12:13 AM

1 h behind Labrador City

🌤 Weather

👥 Population

7,400

2,731,571

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

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Between locations

Labrador City Toronto 1,380 km ≈ 2 h 15 min nonstop flight

From you

Labrador City
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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 clothing, transport, and leisure. The 11% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 8% lower in Toronto. 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: $1,235 in Labrador City versus $1,631 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 $69.0 versus $79.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,361 per month in Labrador City versus $2,610 in Toronto – a 11% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,361 in Labrador City versus $2,610 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 11% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.