Last update: Oct 2026

Cost of Living Comparison Between the Maldives and Toronto

For one person, living is cheaper in the Maldives: $1,501 a month against $2,530 in Toronto, rent and utilities included – about $12,300 less a year. Rent and utilities account for most of the difference.

72

Cost of Living Index in the Maldives
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Maldives Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

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🇲🇻 Maldives

$1,501

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

🙂 Solo nomad: The Maldives is 33% cheaper than Toronto without rent, and 40.7% cheaper with rent.

🙂 Family of 3: The Maldives is 36.3% cheaper than Toronto without rent, and 31.1% cheaper with rent.

Meal at Budget Restaurant

$6.54 MVR 101

$17.67 CA$25.19

-62.99%

Three-Course Dinner for Two, Mid-Range

$49.62 MVR 765

$77.4 CA$110

-35.87%

Fast Food Meal (McDonalds, etc)

$10.00 MVR 154

$10.47 CA$14.93

-4.49%

Local Non-Alcoholic Beer (0.5 liter draught)

$4.97 MVR 76.6

Imported Non-Alcoholic Beer (0.33 liter bottle)

$9.82 MVR 151

Cappuccino

$3.27 MVR 50.4

$4.08 CA$5.81

-19.85%

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

$1.51 MVR 23.32

$2.12 CA$3.02

-28.77%

Water (0.33 liter bottle)

$0.31 MVR 4.81

$1.76 CA$2.51

-82.39%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

Milk (1 liter)

$1.88 MVR 29.01

$2.43 CA$3.46

-22.63%

White Bread (500g)

$1.56 MVR 24.10

$2.75 CA$3.92

-43.27%

Rice (white) (1kg)

$1.04 MVR 16.04

$2.23 CA$3.18

-53.36%

Eggs

$1.75 MVR 27.04

$3.45 CA$4.91

-49.28%

Local Cheese (1kg)

$6.18 MVR 95.4

$8.93 CA$12.73

-30.80%

Chicken Fillets (1kg)

$6.75 MVR 104

$11.44 CA$16.31

-41.00%

Beef Round Steak (1kg)

$10.03 MVR 155

$14.61 CA$20.83

-31.35%

Apples (1kg)

$3.98 MVR 61.3

$3.75 CA$5.34

6.13%

Banana (1kg)

$2.99 MVR 46.12

$1.15 CA$1.64

160.00%

Oranges (1kg)

$3.88 MVR 59.8

$3.55 CA$5.06

9.30%

Tomato (1kg)

$2.56 MVR 39.48

$4.28 CA$6.10

-40.19%

Potato (1kg)

$1.75 MVR 26.93

$1.85 CA$2.63

-5.41%

Onion (1kg)

$1.75 MVR 26.99

$1.67 CA$2.38

4.79%

Lettuce (1 head)

$2.23 MVR 34.38

$2.22 CA$3.16

0.45%

Water (1.5 liter bottle)

$0.60 MVR 9.25

$1.21 CA$1.72

-50.41%

Bottle of Non-Alcoholic Wine (Mid-Range)

$11.14 MVR 172

Local Non-Alcoholic Beer (0.5 liter bottle)

$2.53 MVR 39.01

Imported Non-Alcoholic Beer (0.33 liter bottle)

$4.61 MVR 71.1

Cigarettes 20 Pack (Marlboro, Camel)

$15.06 MVR 232

$13.88 CA$19.78

8.50%

Wine (Bottle)

$14.25 CA$20.31

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

One-way Ticket (Public Transport)

$0.68 MVR 10.51

$2.42 CA$3.44

-71.90%

Public Transport Monthly Pass (Regular Price)

$28.89 MVR 446

$111 CA$158

-73.91%

Taxi Start (Normal Tariff)

$1.89 MVR 29.15

$2.90 CA$4.13

-34.83%

Taxi (Normal Tariff) (1km)

$1.95 MVR 30.12

$1.26 CA$1.80

54.76%

Taxi 1hour Waiting (Normal Tariff)

$8.02 MVR 124

$22.03 CA$31.40

-63.60%

Gasoline (1 liter)

$0.99 MVR 15.19

$1.22 CA$1.74

-18.85%

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

$31.7K MVR 489.3K

$27.6K CA$39.4K

14.85%

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

$29.9K MVR 460.5K

$19.8K CA$28.3K

50.67%

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

$132 MVR 2,038

$122 CA$174

8.43%

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

$30.76 MVR 474

$32.03 CA$45.66

-3.97%

Internet (50+ Mbps, Unlimited Data)

$68.3 MVR 1,052

$47.92 CA$68.3

42.42%

Gym Membership (Monthly)

$63.4 MVR 978

$38.90 CA$55.5

63.06%

Tennis Court (1 Hour on Weekend)

$21.44 MVR 331

$23.24 CA$33.12

-7.75%

Cinema Ticket

$9.03 MVR 139

$12.61 CA$17.97

-28.39%

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

$183 MVR 2,826

$834 CA$1,189

-78.03%

International Primary School, 1 Child (Yearly)

$2,922 MVR 45.1K

$23.3K CA$33.3K

-87.48%

Jeans (Levis 501 Or Similar)

$37.67 MVR 581

$52.6 CA$75.0

-28.38%

Summer Dress (H&M, Zara, etc)

$50.1 MVR 772

$40.26 CA$57.4

24.42%

Sport Shoes (Adidas, Nike)

$86.1 MVR 1,327

$96.2 CA$137

-10.53%

Men's Leather Business Shoes

$51.9 MVR 800

$123 CA$175

-57.80%

1-bedroom Apartment, City Center (Monthly)

$911 MVR 14.0K

$1,598 CA$2,278

-43.02%

1-bedroom Apartment, Outside City Center (Monthly)

$672 MVR 10.4K

$1,435 CA$2,045

-53.17%

3-bedroom Apartment, City Center (Monthly)

$1,927 MVR 29.7K

$2,657 CA$3,787

-27.47%

3-bedroom Apartment, Outside City Center (Monthly)

$1,467 MVR 22.6K

$2,096 CA$2,988

-30.03%

Buy Apartment in City Center (m2)

$2,641 MVR 40.7K

$8,033 CA$11.5K

-67.13%

Buy Apartment Outside City Center (m2)

$781 MVR 12.0K

$6,557 CA$9,347

-88.09%

Average Monthly Net Salary (After Tax)

$783 MVR 12.1K

$3,743 CA$5,335

-79.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

213.20%

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

Last update for the Maldives: October 5, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Maldives

$672 45.5%

Toronto

$1.4K 55.4% 114% $763

Monthly Utilities & Internet

Maldives

$231 15.7%

Toronto

$202 7.8% 12.7% $29

Groceries & Markets

Maldives

$219 14.8%

Toronto

$340 13.1% 55.3% $121

Eating Out

Maldives

$129 8.7%

Toronto

$282 10.9% 119% $153

Clothing & Footwear

Maldives

$102 6.9%

Toronto

$140 5.4% 38.2% $39

Sport & Entertainment

Maldives

$81 5.5%

Toronto

$64 2.5% 21.3% $17

Getting Around

Maldives

$43 2.9%

Toronto

$130 5% 200% $86

Good to know

🇲🇻 Maldives

🇨🇦 Toronto

🕒 Local time

15:26 3:26 PM

06:26 6:26 AM

9 h behind the Maldives

🌤 Weather

👥 Population

436,330

2,731,571

💱 Currency

Maldivian Rufiyaa MVR Rf

Canadian Dollar CAD $

📈 Exchange rate

100 MVR = 6.49 USD

100 MVR = 5.79 EUR

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

Exchange rates and currency converter

CAD, USD, EUR to MVR – Maldivian Rufiyaa Converter

🇺🇸 United States Dollar ($)

🇲🇻 Maldivian Rufiyaa (Rf)

Maldivian Rufiyaa exchange rates as of October 10, 2026: 1 USD = 15.42 MVR (100 MVR = 6.49 USD). 1 EUR = 17.28 MVR (100 MVR = 5.79 EUR).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

USD to MVR in detail →

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Maldives Toronto 14,040 km ≈ 18 h nonstop flight

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Maldives
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

Maldives vs other spots: cost of living compared

Cost of Living Comparison Between the Maldives and Toronto

CAD, USD, EUR to MVR – Maldivian Rufiyaa Converter

City Median Internet Speeds Comparison (Updated April 2026)

Maldives

Toronto

Maldives

Toronto

Maldives vs other spots: cost of living compared

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