Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Toronto

For one person, living is cheaper in Mexico City: $1,608 a month against $2,589 in Toronto, rent and utilities included – about $11,800 less a year. Rent and utilities account for most of the difference.

78

Cost of Living Index in Mexico City
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Mexico City Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

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Mexico City

🇲🇽 Mexico

$1,608

/mo nomad

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,608 in Mexico City versus $2,589 in Toronto.

Mexico City $1,608
Toronto $2,589

Estimated couple costs with rent: $2,549 in Mexico City versus $3,710 in Toronto.

Mexico City $2,549
Toronto $3,710

Monthly costs for a family of three with rent: $3,490 in Mexico City versus $4,831 in Toronto.

Mexico City $3,490
Toronto $4,831

Living in Mexico City costs roughly 38% less than in Toronto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Mexico City 18% above, Toronto 90% above.

Meal at Budget Restaurant

$10.62 MX$197

$17.60 CA$24.61

-39.66%

Three-Course Dinner for Two, Mid-Range

$48.35 MX$898

$77.8 CA$109

-37.86%

Fast Food Meal (McDonalds, etc)

$10.35 MX$192

$10.59 CA$14.80

-2.27%

Cappuccino

$3.69 MX$68.5

$4.16 CA$5.81

-11.30%

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

$1.67 MX$30.95

$2.04 CA$2.86

-18.14%

Water (0.33 liter bottle)

$1.27 MX$23.50

$1.75 CA$2.45

-27.43%

Local Beer (0.5 liter draught)

$3.19 MX$59.3

$6.58 CA$9.20

-51.52%

Imported Beer (0.33 liter bottle)

$5.31 MX$98.6

$7.11 CA$9.95

-25.32%

Milk (1 liter)

$1.72 MX$32.03

$2.53 CA$3.54

-32.02%

White Bread (500g)

$3.04 MX$56.5

$2.70 CA$3.78

12.59%

Rice (white) (1kg)

$1.94 MX$36.05

$2.24 CA$3.13

-13.39%

Eggs

$2.89 MX$53.6

$3.48 CA$4.87

-16.95%

Local Cheese (1kg)

$10.97 MX$204

$9.38 CA$13.11

16.95%

Chicken Fillets (1kg)

$9.25 MX$172

$11.60 CA$16.22

-20.26%

Beef Round Steak (1kg)

$15.13 MX$281

$14.68 CA$20.53

3.07%

Apples (1kg)

$3.05 MX$56.6

$3.74 CA$5.24

-18.45%

Banana (1kg)

$1.94 MX$36.05

$1.22 CA$1.71

59.02%

Oranges (1kg)

$2.03 MX$37.61

$3.48 CA$4.86

-41.67%

Tomato (1kg)

$2.31 MX$42.99

$4.32 CA$6.05

-46.53%

Potato (1kg)

$2.04 MX$37.79

$1.85 CA$2.59

10.27%

Onion (1kg)

$1.80 MX$33.43

$1.69 CA$2.36

6.51%

Lettuce (1 head)

$1.48 MX$27.47

$2.23 CA$3.11

-33.63%

Water (1.5 liter bottle)

$1.27 MX$23.54

$1.28 CA$1.79

-0.78%

Cigarettes 20 Pack (Marlboro, Camel)

$5.30 MX$98.5

$14.04 CA$19.64

-62.25%

Wine (Bottle)

$16.10 MX$299

$14.43 CA$20.17

11.57%

Local Beer (0.5 liter bottle)

$1.98 MX$36.83

$2.16 CA$3.01

-8.33%

Imported Beer (0.33 liter bottle)

$4.25 MX$79.0

$2.52 CA$3.53

68.65%

One-way Ticket (Public Transport)

$0.31 MX$5.67

$2.37 CA$3.31

-86.92%

Public Transport Monthly Pass (Regular Price)

$19.73 MX$367

$112 CA$157

-82.46%

Taxi Start (Normal Tariff)

$1.84 MX$34.13

$3.04 CA$4.25

-39.47%

Taxi (Normal Tariff) (1km)

$0.53 MX$9.91

$1.24 CA$1.73

-57.26%

Taxi 1hour Waiting (Normal Tariff)

$5.30 MX$98.3

$22.55 CA$31.54

-76.50%

Gasoline (1 liter)

$1.51 MX$28.05

$1.24 CA$1.74

21.77%

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

$21.8K MX$404.0K

$26.9K CA$37.6K

-19.14%

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

$24.0K MX$445.4K

$21.4K CA$29.9K

12.15%

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

$63.0 MX$1,170

$125 CA$174

-49.47%

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

$27.39 MX$509

$33.05 CA$46.22

-17.13%

Internet (50+ Mbps, Unlimited Data)

$35.67 MX$662

$47.96 CA$67.1

-25.63%

Gym Membership (Monthly)

$58.9 MX$1,095

$36.69 CA$51.3

60.64%

Tennis Court (1 Hour on Weekend)

$23.64 MX$439

$23.67 CA$33.10

-0.13%

Cinema Ticket

$6.40 MX$119

$13.08 CA$18.29

-51.07%

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

$432 MX$8,015

$759 CA$1,061

-43.13%

International Primary School, 1 Child (Yearly)

$11.4K MX$212.1K

$23.8K CA$33.3K

-51.97%

Jeans (Levis 501 Or Similar)

$68.2 MX$1,267

$53.5 CA$74.9

27.42%

Summer Dress (H&M, Zara, etc)

$53.1 MX$987

$40.44 CA$56.6

31.38%

Sport Shoes (Adidas, Nike)

$108 MX$2,002

$100 CA$141

7.27%

Men's Leather Business Shoes

$117 MX$2,178

$125 CA$175

-6.36%

1-bedroom Apartment, City Center (Monthly)

$1,113 MX$20.7K

$1,630 CA$2,279

-31.68%

1-bedroom Apartment, Outside City Center (Monthly)

$710 MX$13.2K

$1,416 CA$1,980

-49.82%

3-bedroom Apartment, City Center (Monthly)

$2,588 MX$48.1K

$2,694 CA$3,767

-3.94%

3-bedroom Apartment, Outside City Center (Monthly)

$1,406 MX$26.1K

$2,101 CA$2,938

-33.08%

Buy Apartment in City Center (m2)

$3,631 MX$67.4K

$7,551 CA$10.6K

-51.91%

Buy Apartment Outside City Center (m2)

$2,135 MX$39.6K

$6,674 CA$9,333

-68.01%

Average Monthly Net Salary (After Tax)

$946 MX$17.6K

$3,543 CA$4,955

-73.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.35

4.45

155.06%

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

Last update for Mexico City: October 25, 2026

Last update for Toronto: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$710 44.2%

Toronto

$1.4K 54.7% 99.3% $705

Groceries & Markets

Mexico City

$320 19.9%

Toronto

$345 13.3% 7.9% $25

Eating Out

Mexico City

$199 12.4%

Toronto

$285 11% 43.4% $86

Clothing & Footwear

Mexico City

$156 9.7%

Toronto

$144 5.6% 7.7% $12

Monthly Utilities & Internet

Mexico City

$126 7.8%

Toronto

$206 7.9% 63.2% $80

Sport & Entertainment

Mexico City

$72 4.5%

Toronto

$63 2.4% 12.4% $8.9

Getting Around

Mexico City

$25 1.6%

Toronto

$131 5.1% 415% $106

Cost Breakdown

A one-bedroom apartment in the center runs $1,113 in Mexico City and $1,630 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays about 3.7 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $48 in Mexico City vs $78 in Toronto for a mid-range dinner for two. Groceries echo the gap at $320 vs $345 per month, with Mexico City cheaper across the board.

Good to know

🇲🇽 Mexico City

🇨🇦 Toronto

🕒 Local time

21:00 9:00 PM

22:00 10:00 PM

1 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

2,731,571

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.38 USD

100 MXN = 4.8 EUR

1 CAD = 0.715 USD

1 CAD = 0.638 EUR

Exchange rates and currency converter

CAD, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of November 3, 2026: 1 USD = 18.57 MXN (100 MXN = 5.38 USD). 1 EUR = 20.81 MXN (100 MXN = 4.8 EUR).

Canadian Dollar exchange rates as of November 3, 2026: 1 USD = 1.4 CAD (1 CAD = 0.715 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

USD to MXN in detail →

On the map

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Highest

Between locations

Mexico City Toronto 3,260 km ≈ 4 h 30 min nonstop flight

From you

Mexico City
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

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

Total monthly costs including rent come to $1,608 in Mexico City and $2,589 in Toronto, so Mexico City is about 38% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 73% lower in Mexico City. 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: $1,113 in Mexico City versus $1,630 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 82% less than in Toronto. The price difference matters if you commute daily and watch your budget.

Childcare runs $432 in Mexico City versus $759 in Toronto. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Either city works on $3,000 a month, though Mexico City gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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 Mexico City gentler on the wallet – expenses run 38% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.