Last update: Oct 2026

Cost of Living Comparison Between McKinney, TX and Toronto

For one person, living is cheaper in Toronto: $2,561 a month against $2,789 in McKinney, TX, rent and utilities included – about $2,700 less a year. Other living expenses account for most of the difference.

135

Cost of Living Index in McKinney, TX
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McKinney, TX Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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McKinney, TX

🇺🇸 United States

$2,789

/mo nomad

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,789 in McKinney, TX versus $2,561 in Toronto.

McKinney, TX $2,789
Toronto $2,561

Estimated couple costs with rent: $3,710 in McKinney, TX versus $3,694 in Toronto.

McKinney, TX $3,710
Toronto $3,694

Monthly costs for a family of three with rent: $4,630 in McKinney, TX versus $4,826 in Toronto.

McKinney, TX $4,630
Toronto $4,826

Living in McKinney, TX is roughly 9% more expensive than in Toronto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: McKinney, TX 107% above, Toronto 90% above.

Meal at Budget Restaurant

$18.90 $18.90

$17.18 CA$24.29

10.01%

Three-Course Dinner for Two, Mid-Range

$59.1 $59.1

$76.0 CA$107

-22.22%

Fast Food Meal (McDonalds, etc)

$10.81 $10.81

$10.54 CA$14.89

2.56%

Cappuccino

$5.05 $5.05

$4.02 CA$5.68

25.62%

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

$2.56 $2.56

$2.12 CA$3.00

20.75%

Water (0.33 liter bottle)

$1.79 $1.79

$1.75 CA$2.48

2.29%

Local Beer (0.5 liter draught)

$5.86 $5.86

$6.24 CA$8.83

-6.09%

Imported Beer (0.33 liter bottle)

$7.59 $7.59

$7.09 CA$10.02

7.05%

Milk (1 liter)

$0.95 $0.95

$2.44 CA$3.45

-61.07%

White Bread (500g)

$2.79 $2.79

$2.68 CA$3.78

4.10%

Rice (white) (1kg)

$2.32 $2.32

$2.24 CA$3.17

3.57%

Eggs

$4.09 $4.09

$3.56 CA$5.03

14.89%

Local Cheese (1kg)

$10.16 $10.16

$9.09 CA$12.85

11.77%

Chicken Fillets (1kg)

$15.51 $15.51

$11.33 CA$16.01

36.89%

Beef Round Steak (1kg)

$16.84 $16.84

$14.53 CA$20.55

15.90%

Apples (1kg)

$3.06 $3.06

$3.62 CA$5.12

-15.47%

Banana (1kg)

$2.85 $2.85

$1.21 CA$1.72

135.54%

Oranges (1kg)

$2.97 $2.97

$3.60 CA$5.09

-17.50%

Tomato (1kg)

$2.63 $2.63

$4.21 CA$5.96

-37.53%

Potato (1kg)

$2.18 $2.18

$1.79 CA$2.53

21.79%

Onion (1kg)

$2.10 $2.10

$1.59 CA$2.25

32.08%

Lettuce (1 head)

$1.72 $1.72

$2.27 CA$3.21

-24.23%

Water (1.5 liter bottle)

$2.98 $2.98

$1.25 CA$1.77

138.40%

Cigarettes 20 Pack (Marlboro, Camel)

$11.05 $11.05

$13.82 CA$19.53

-20.04%

Wine (Bottle)

$11.47 $11.47

$14.27 CA$20.18

-19.62%

Local Beer (0.5 liter bottle)

$1.75 $1.75

$2.20 CA$3.10

-20.45%

Imported Beer (0.33 liter bottle)

$3.59 $3.59

$2.43 CA$3.44

47.74%

One-way Ticket (Public Transport)

$3.08 $3.08

$2.39 CA$3.38

28.87%

Public Transport Monthly Pass (Regular Price)

$189 $189

$111 CA$157

70.22%

Taxi Start (Normal Tariff)

$2.93 $2.93

$2.91 CA$4.12

0.69%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

Taxi 1hour Waiting (Normal Tariff)

$14.74 $14.74

$21.38 CA$30.23

-31.06%

Gasoline (1 liter)

$0.93 $0.93

$1.21 CA$1.71

-23.14%

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

$36.1K $36.1K

$28.2K CA$39.8K

27.96%

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

$24.7K $24.7K

$20.3K CA$28.6K

22.19%

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

$200 $200

$120 CA$170

66.56%

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

$59.4 $59.4

$32.26 CA$45.60

84.22%

Internet (50+ Mbps, Unlimited Data)

$69.3 $69.3

$47.93 CA$67.8

44.59%

Gym Membership (Monthly)

$30.36 $30.36

$38.48 CA$54.4

-21.10%

Tennis Court (1 Hour on Weekend)

$12.81 $12.81

$22.96 CA$32.46

-44.21%

Cinema Ticket

$11.85 $11.85

$12.38 CA$17.50

-4.28%

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

$1,345 $1,345

$830 CA$1,173

62.05%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

Jeans (Levis 501 Or Similar)

$56.5 $56.5

$50.7 CA$71.7

11.46%

Summer Dress (H&M, Zara, etc)

$28.95 $28.95

$40.02 CA$56.6

-27.66%

Sport Shoes (Adidas, Nike)

$87.8 $87.8

$98.0 CA$139

-10.41%

Men's Leather Business Shoes

$59.8 $59.8

$121 CA$171

-50.46%

1-bedroom Apartment, City Center (Monthly)

$1,673 $1,673

$1,592 CA$2,251

5.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,420 $1,420

$1,410 CA$1,994

0.65%

3-bedroom Apartment, City Center (Monthly)

$2,639 $2,639

$2,670 CA$3,775

-1.17%

3-bedroom Apartment, Outside City Center (Monthly)

$1,704 $1,704

$2,152 CA$3,042

-20.82%

Buy Apartment in City Center (m2)

$2,323 $2,323

$7,945 CA$11.2K

-70.76%

Buy Apartment Outside City Center (m2)

$2,294 $2,294

$6,542 CA$9,249

-64.93%

Average Monthly Net Salary (After Tax)

$5,805 $5,805

$3,727 CA$5,269

55.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.51

4.47

45.64%

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

Last update for McKinney, TX: October 12, 2026

Last update for Toronto: October 12, 2026

Monthly budget structure

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

Accommodation & Living

McKinney, TX

$1.4K 50.9%

Toronto

$1.4K 55.1% 0.6% $9.1

Groceries & Markets

McKinney, TX

$371 13.3%

Toronto

$340 13.3% 8.5% $31

Monthly Utilities & Internet

McKinney, TX

$329 11.8%

Toronto

$201 7.8% 39.1% $129

Eating Out

McKinney, TX

$306 11%

Toronto

$278 10.9% 9.1% $28

Getting Around

McKinney, TX

$204 * 7.3%

Toronto

$129 5.1% 36.6% $75

Clothing & Footwear

McKinney, TX

$105 3.8%

Toronto

$139 5.4% 32.8% $34

Sport & Entertainment

McKinney, TX

$54 1.9%

Toronto

$63 2.5% 16.9% $9.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,673 in McKinney, TX and $1,592 in Toronto. Housing cost is often the main lever when comparing two cities.

McKinney, TX pays 56% 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: $59.0 in McKinney, TX vs $76.0 in Toronto. Groceries flip the comparison at $371 vs $340, with Toronto cheaper for home cooking.

Good to know

🇺🇸 McKinney, TX

🇨🇦 Toronto

🕒 Local time

07:21 7:21 AM

08:21 8:21 AM

1 h ahead of McKinney, TX

🌤 Weather

👥 Population

202,690

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.89 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

CAD to USD in detail →

On the map

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Between locations

McKinney, TX Toronto 1,890 km ≈ 2 h 45 min nonstop flight

From you

McKinney, TX
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

McKinney, TX vs Toronto: Cost of Living - Frequently Asked Questions

McKinney, TX and Toronto differ by about 9% in total monthly costs ($2,789 vs $2,561 including rent). Toronto is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 56% higher in McKinney, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,673 in McKinney, TX versus $1,592 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,789 per month in McKinney, TX versus $2,561 in Toronto – a 9% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Toronto runs roughly 70% less than in McKinney, TX. Both cities have functional networks, but the price difference matters if you're watching your budget.

Both cities are expensive relative to $2,500. Toronto is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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.

Expats usually find Toronto gentler on the wallet – expenses run 9% less than in McKinney, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.