Cost of Living Comparison Between Moncton and Toronto Cost of Living Comparison Between Moncton and Toronto

Monthly Cost of Living

A single person spends $1,965 per month in Moncton vs $2,788 in Toronto, rent included.

A couple spends around $2,944 per month in Moncton vs $4,110 in Toronto, rent included.

A family of three spends $3,923 per month in Moncton vs $5,432 in Toronto, rent included.

Moncton is about 30% cheaper than Toronto, driven mainly by Getting Around.

Both Moncton and Toronto sit above the global median – Moncton by 47%, Toronto by 109%.

Meal at Budget Restaurant

$18.23 CA$25.56

$18.51 CA$25.96

-1.51%

Three-Course Dinner for Two, Mid-Range

$66.9 CA$93.8

$83.8 CA$118

-20.19%

Fast Food Meal (McDonalds, etc)

$10.93 CA$15.32

$10.97 CA$15.38

-0.36%

Cappuccino

$3.31 CA$4.63

$3.99 CA$5.59

-17.04%

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

$1.93 CA$2.70

$2.11 CA$2.96

-8.53%

Water (0.33 liter bottle)

$1.77 CA$2.49

$1.69 CA$2.37

4.73%

Local Beer (0.5 liter draught)

$3.63 CA$5.09

$5.92 CA$8.30

-38.68%

Imported Beer (0.33 liter bottle)

$4.35 CA$6.10

$6.48 CA$9.08

-32.87%

Milk (1 liter)

$2.65 CA$3.72

$2.71 CA$3.80

-2.21%

White Bread (500g)

$3.10 CA$4.34

$2.85 CA$4.00

8.77%

Rice (white) (1kg)

$3.52 CA$4.94

$3.56 CA$4.99

-1.12%

Eggs

$3.71 CA$5.20

$3.54 CA$4.96

4.80%

Local Cheese (1kg)

$12.60 CA$17.66

$13.26 CA$18.59

-4.98%

Chicken Fillets (1kg)

$11.38 CA$15.96

$13.05 CA$18.29

-12.80%

Beef Round Steak (1kg)

$10.55 CA$14.80

$16.77 CA$23.51

-37.09%

Apples (1kg)

$5.31 CA$7.44

$4.11 CA$5.77

29.20%

Banana (1kg)

$1.48 CA$2.07

$1.14 CA$1.60

29.82%

Oranges (1kg)

$3.93 CA$5.50

$3.40 CA$4.76

15.59%

Tomato (1kg)

$4.15 CA$5.81

$4.02 CA$5.64

3.23%

Potato (1kg)

$2.32 CA$3.26

$2.43 CA$3.41

-4.53%

Onion (1kg)

$2.56 CA$3.59

$2.94 CA$4.12

-12.93%

Lettuce (1 head)

$2.41 CA$3.38

$2.47 CA$3.47

-2.43%

Water (1.5 liter bottle)

$2.18 CA$3.06

$1.92 CA$2.69

13.54%

Cigarettes 20 Pack (Marlboro, Camel)

$13.35 CA$18.71

$14.99 CA$21.01

-10.94%

Wine (Bottle)

$14.23 CA$19.95

$14.34 CA$20.10

-0.77%

Local Beer (0.5 liter bottle)

$2.66 CA$3.73

$2.71 CA$3.80

-1.85%

Imported Beer (0.33 liter bottle)

$4.23 CA$5.93

$3.12 CA$4.38

35.58%

One-way Ticket (Public Transport)

$2.27 CA$3.18

$2.45 CA$3.44

-7.35%

Public Transport Monthly Pass (Regular Price)

$52.5 CA$73.6

$113 CA$158

-53.45%

Taxi Start (Normal Tariff)

$2.99 CA$4.20

$3.63 CA$5.08

-17.63%

Taxi (Normal Tariff) (1km)

$1.30 CA$1.83

$1.34 CA$1.88

-2.99%

Taxi 1hour Waiting (Normal Tariff)

$22.00 CA$30.84

$25.55 CA$35.82

-13.89%

Gasoline (1 liter)

$1.19 CA$1.67

$1.11 CA$1.55

7.21%

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

$25.1K CA$35.1K

$25.3K CA$35.4K

-0.80%

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

$20.1K CA$28.2K

$21.8K CA$30.5K

-7.64%

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

$126 CA$176

$117 CA$164

7.80%

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

$38.39 CA$53.8

$37.60 CA$52.7

2.10%

Internet (50+ Mbps, Unlimited Data)

$61.9 CA$86.8

$53.7 CA$75.3

15.31%

Gym Membership (Monthly)

$37.19 CA$52.1

$57.1 CA$80.1

-34.87%

Tennis Court (1 Hour on Weekend)

$6.62 CA$9.28

$20.86 CA$29.24

-68.26%

Cinema Ticket

$12.12 CA$17.00

$11.56 CA$16.20

4.84%

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

$393 CA$551

$1,125 CA$1,577

-65.08%

International Primary School, 1 Child (Yearly)

$7,283 CA$10.2K

$18.4K CA$25.9K

-60.50%

Jeans (Levis 501 Or Similar)

$52.4 CA$73.5

$57.3 CA$80.4

-8.57%

Summer Dress (H&M, Zara, etc)

$39.19 CA$55.0

$39.05 CA$54.8

0.36%

Sport Shoes (Adidas, Nike)

$105 CA$148

$87.6 CA$123

20.43%

Men's Leather Business Shoes

$149 CA$209

$114 CA$159

31.49%

1-bedroom Apartment, City Center (Monthly)

$1,049 CA$1,471

$1,842 CA$2,582

-43.01%

1-bedroom Apartment, Outside City Center (Monthly)

$827 CA$1,159

$1,531 CA$2,146

-45.99%

3-bedroom Apartment, City Center (Monthly)

$1,650 CA$2,313

$2,925 CA$4,101

-43.60%

3-bedroom Apartment, Outside City Center (Monthly)

$1,292 CA$1,811

$2,502 CA$3,508

-48.37%

Buy Apartment in City Center (m2)

$2,241 CA$3,142

$8,725 CA$12.2K

-74.32%

Buy Apartment Outside City Center (m2)

$2,099 CA$2,942

$6,867 CA$9,628

-69.44%

Average Monthly Net Salary (After Tax)

$2,430 CA$3,407

$3,454 CA$4,842

-29.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.57

5.16

27.33%

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

Last update for Moncton: July 11, 2026

Last update for Toronto: July 11, 2026

Cost Breakdown

A central one-bedroom costs $1,049 in Moncton versus $1,842 in Toronto. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 42% higher in Toronto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $67.0 in Moncton versus $84.0 in Toronto. Monthly groceries follow the same trend: $383 vs $395 – making Moncton the more affordable choice for daily food spending.

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

Moncton vs Toronto: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,965 in Moncton, $2,788 in Toronto – roughly 42% apart. Toronto costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $2,947 per month in Moncton and $4,181 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Moncton, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $67.0 in Moncton and $84.0 in Toronto. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,965 in Moncton and $2,788 in Toronto. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $3,000 monthly budget goes further in Moncton, where all-in costs run around $1,965, than in Toronto at $2,788. In Moncton it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Moncton – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Moncton. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.