Last update: Oct 2026

Cost of Living Comparison Between Monticello, AR and Toronto

For one person, living is cheaper in Monticello, AR: $2,407 a month against $2,610 in Toronto, rent and utilities included – about $2,400 less a year. Other living expenses account for most of the difference.

114

Cost of Living Index in Monticello, AR
Learn more

Monticello, AR Living Index
126

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Monticello, AR

🇺🇸 United States

$2,407

/mo nomad

Toronto

🇨🇦 Canada

$2,610

/mo nomad

Monthly Cost of Living

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

A single person spends $2,407 per month in Monticello, AR vs $2,610 in Toronto, rent included.

Monticello, AR $2,407
Toronto $2,610

A couple spends around $3,453 per month in Monticello, AR vs $3,727 in Toronto, rent included.

Monticello, AR $3,453
Toronto $3,727

A family of three spends $4,499 per month in Monticello, AR vs $4,844 in Toronto, rent included.

Monticello, AR $4,499
Toronto $4,844

Monticello, AR is about 8% cheaper than Toronto, and outside of rent the biggest gap is in transport.

Both Monticello, AR and Toronto sit above the global median – Monticello, AR by 78%, Toronto by 93%.

Meal at Budget Restaurant

$18.26 $18.26

$17.59 CA$24.87

3.81%

Three-Course Dinner for Two, Mid-Range

$74.9 $74.9

$78.8 CA$111

-4.96%

Fast Food Meal (McDonalds, etc)

$12.03 $12.03

$10.73 CA$15.16

12.12%

Cappuccino

$5.50 $5.50

$4.09 CA$5.78

34.47%

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

$2.35 $2.35

$2.10 CA$2.97

11.90%

Water (0.33 liter bottle)

$2.04 $2.04

$1.72 CA$2.43

18.60%

Local Beer (0.5 liter draught)

$7.13 $7.13

$6.36 CA$8.99

12.11%

Imported Beer (0.33 liter bottle)

$8.09 $8.09

$7.08 CA$10.01

14.27%

Milk (1 liter)

$0.90 $0.90

$2.54 CA$3.59

-64.57%

White Bread (500g)

$1.20 $1.20

$2.72 CA$3.85

-55.88%

Rice (white) (1kg)

$2.08 $2.08

$2.18 CA$3.09

-4.59%

Eggs

$3.71 $3.71

$3.63 CA$5.13

2.20%

Local Cheese (1kg)

$8.88 $8.88

$9.46 CA$13.37

-6.13%

Chicken Fillets (1kg)

$6.69 $6.69

$11.54 CA$16.32

-42.03%

Beef Round Steak (1kg)

$8.85 $8.85

$14.37 CA$20.32

-38.41%

Apples (1kg)

$3.38 $3.38

$3.70 CA$5.23

-8.65%

Banana (1kg)

$1.29 $1.29

$1.19 CA$1.68

8.40%

Oranges (1kg)

$2.69 $2.69

$3.46 CA$4.90

-22.25%

Tomato (1kg)

$2.17 $2.17

$4.22 CA$5.97

-48.58%

Potato (1kg)

$3.26 $3.26

$1.79 CA$2.52

82.12%

Onion (1kg)

$2.31 $2.31

$1.65 CA$2.33

40.00%

Lettuce (1 head)

$1.84 $1.84

$2.20 CA$3.11

-16.36%

Water (1.5 liter bottle)

$2.23 $2.23

$1.26 CA$1.78

76.98%

Cigarettes 20 Pack (Marlboro, Camel)

$9.47 $9.47

$13.97 CA$19.75

-32.21%

Wine (Bottle)

$12.74 $12.74

$14.20 CA$20.07

-10.28%

Local Beer (0.5 liter bottle)

$1.78 $1.78

$2.25 CA$3.18

-20.89%

Imported Beer (0.33 liter bottle)

$1.60 $1.60

$2.53 CA$3.58

-36.76%

One-way Ticket (Public Transport)

$2.30 $2.30

$2.32 CA$3.28

-0.86%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$1.96 $1.96

$3.06 CA$4.33

-35.95%

Taxi (Normal Tariff) (1km)

$1.39 $1.39

$1.22 CA$1.72

13.93%

Taxi 1hour Waiting (Normal Tariff)

$20.32 $20.32

$21.69 CA$30.66

-6.32%

Gasoline (1 liter)

$0.96 $0.96

$1.21 CA$1.72

-20.66%

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

$27.6K $27.6K

$26.1K CA$37.0K

5.70%

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

$27.2K $27.2K

$21.1K CA$29.9K

28.76%

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

$190 $190

$120 CA$169

58.74%

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

$40.07 $40.07

$32.21 CA$45.54

24.40%

Internet (50+ Mbps, Unlimited Data)

$45.59 $45.59

$48.88 CA$69.1

-6.73%

Gym Membership (Monthly)

$42.43 $42.43

$39.34 CA$55.6

7.85%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$10.98 $10.98

$12.58 CA$17.79

-12.72%

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

$1,219 $1,219

$832 CA$1,176

46.56%

International Primary School, 1 Child (Yearly)

$24.8K $24.8K

$23.6K CA$33.4K

4.93%

Jeans (Levis 501 Or Similar)

$23.74 $23.74

$52.3 CA$73.9

-54.59%

Summer Dress (H&M, Zara, etc)

$33.03 $33.03

$39.44 CA$55.8

-16.25%

Sport Shoes (Adidas, Nike)

$69.0 $69.0

$99.0 CA$140

-30.33%

Men's Leather Business Shoes

$150 $150

$122 CA$172

23.22%

1-bedroom Apartment, City Center (Monthly)

$1,584 $1,584

$1,631 CA$2,306

-2.92%

1-bedroom Apartment, Outside City Center (Monthly)

$1,345 $1,345

$1,448 CA$2,048

-7.17%

3-bedroom Apartment, City Center (Monthly)

$2,702 $2,702

$2,737 CA$3,869

-1.28%

3-bedroom Apartment, Outside City Center (Monthly)

$2,132 $2,132

$2,129 CA$3,010

0.11%

Buy Apartment in City Center (m2)

$2,660 $2,660

$8,206 CA$11.6K

-67.59%

Buy Apartment Outside City Center (m2)

$2,221 $2,221

$6,838 CA$9,666

-67.51%

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

20-Year Fixed Mortgage Interest Rate (Annual %)

6.6

4.47

47.65%

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

Last update for Monticello, AR: October 18, 2026

Last update for Toronto: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Monticello, AR

$1.3K 55.9%

Toronto

$1.4K 55.5% 7.7% $104

Eating Out

Monticello, AR

$318 13.2%

Toronto

$283 10.9% 10.8% $34

Monthly Utilities & Internet

Monticello, AR

$276 11.5%

Toronto

$201 7.7% 27.2% $75

Groceries & Markets

Monticello, AR

$263 10.9%

Toronto

$343 13.1% 30.3% $80

Clothing & Footwear

Monticello, AR

$124 5.2%

Toronto

$141 5.4% 13.3% $17

Sport & Entertainment

Monticello, AR

$64 2.7%

Toronto

$65 2.5% 0.2% $0.1

Getting Around

Monticello, AR

$18 * 0.8%

Toronto

$130 5% 619% $112

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

Cost Breakdown

A central one-bedroom costs $1,584 in Monticello, AR versus $1,631 in Toronto. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $75.0 in Monticello, AR versus $79.0 in Toronto. Monthly groceries follow the same trend: $263 vs $343 – making Monticello, AR the more affordable choice for daily food spending.

Good to know

🇺🇸 Monticello, AR

🇨🇦 Toronto

🕒 Local time

15:28 3:28 PM

16:28 4:28 PM

1 h ahead of Monticello, AR

🌤 Weather

👥 Population

11,414

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 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 20, 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

Lowest

Highest

Between locations

Monticello, AR Toronto 1,550 km ≈ 2 h 30 min nonstop flight

From you

Monticello, AR
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

Monticello, AR vs Toronto: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 8%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,611 per month in Monticello, AR and $3,916 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Monticello, AR, 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 $75.0 in Monticello, AR and $79.0 in Toronto. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 30% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Monticello, AR, where all-in costs run around $2,407, than in Toronto at $2,610. In Monticello, AR it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

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

If budget matters most, go with Monticello, AR. 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.