Last update: Oct 2026

Cost of Living Comparison Between Parker, CO and Toronto

For one person, living costs are similar in Parker, CO and in Toronto: $2,615 and $2,589 a month, rent and utilities included.

125

Cost of Living Index in Parker, CO
Learn more

Parker, CO Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Parker, CO

🇺🇸 United States

$2,615

/mo nomad

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Monthly Cost of Living

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

A single person spends $2,615 per month in Parker, CO vs $2,589 in Toronto, rent included.

Parker, CO $2,615
Toronto $2,589

A couple spends around $3,880 per month in Parker, CO vs $3,710 in Toronto, rent included.

Parker, CO $3,880
Toronto $3,710

A family of three spends $5,144 per month in Parker, CO vs $4,831 in Toronto, rent included.

Parker, CO $5,144
Toronto $4,831

Parker, CO and Toronto have comparable living costs – the differences are in the details.

Both Parker, CO and Toronto sit above the global median – Parker, CO by 92%, Toronto by 90%.

Meal at Budget Restaurant

$20.03 $20.03

$17.60 CA$24.70

13.81%

Three-Course Dinner for Two, Mid-Range

$79.0 $79.0

$77.8 CA$109

1.54%

Fast Food Meal (McDonalds, etc)

$11.08 $11.08

$10.59 CA$14.86

4.63%

Cappuccino

$5.75 $5.75

$4.16 CA$5.83

38.22%

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

$2.53 $2.53

$2.04 CA$2.87

24.02%

Water (0.33 liter bottle)

$2.06 $2.06

$1.75 CA$2.46

17.71%

Local Beer (0.5 liter draught)

$5.92 $5.92

$6.58 CA$9.23

-10.03%

Imported Beer (0.33 liter bottle)

$7.05 $7.05

$7.11 CA$9.98

-0.84%

Milk (1 liter)

$0.88 $0.88

$2.53 CA$3.56

-65.22%

White Bread (500g)

$2.92 $2.92

$2.70 CA$3.79

8.15%

Rice (white) (1kg)

$2.78 $2.78

$2.24 CA$3.14

24.11%

Eggs

$4.33 $4.33

$3.48 CA$4.89

24.43%

Local Cheese (1kg)

$8.62 $8.62

$9.38 CA$13.16

-8.10%

Chicken Fillets (1kg)

$9.52 $9.52

$11.60 CA$16.28

-17.93%

Beef Round Steak (1kg)

$15.37 $15.37

$14.68 CA$20.61

4.70%

Apples (1kg)

$4.84 $4.84

$3.74 CA$5.26

29.41%

Banana (1kg)

$1.24 $1.24

$1.22 CA$1.72

1.64%

Oranges (1kg)

$4.66 $4.66

$3.48 CA$4.88

33.91%

Tomato (1kg)

$5.31 $5.31

$4.32 CA$6.07

22.92%

Potato (1kg)

$1.60 $1.60

$1.85 CA$2.60

-13.51%

Onion (1kg)

$2.38 $2.38

$1.69 CA$2.37

40.83%

Lettuce (1 head)

$1.93 $1.93

$2.23 CA$3.13

-13.45%

Water (1.5 liter bottle)

$1.71 $1.71

$1.28 CA$1.79

33.59%

Cigarettes 20 Pack (Marlboro, Camel)

$10.32 $10.32

$14.04 CA$19.71

-26.50%

Wine (Bottle)

$15.02 $15.02

$14.43 CA$20.25

4.09%

Local Beer (0.5 liter bottle)

$2.52 $2.52

$2.16 CA$3.03

16.67%

Imported Beer (0.33 liter bottle)

$2.61 $2.61

$2.52 CA$3.54

3.57%

One-way Ticket (Public Transport)

$2.37 CA$3.32

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$2.44 $2.44

$3.04 CA$4.27

-19.74%

Taxi (Normal Tariff) (1km)

$1.83 $1.83

$1.24 CA$1.74

47.58%

Taxi 1hour Waiting (Normal Tariff)

$24.58 $24.58

$22.55 CA$31.65

9.00%

Gasoline (1 liter)

$0.85 $0.85

$1.24 CA$1.75

-31.45%

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

$28.5K $28.5K

$26.9K CA$37.8K

5.95%

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

$25.3K $25.3K

$21.4K CA$30.0K

18.42%

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

$215 $215

$125 CA$175

72.44%

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

$56.9 $56.9

$33.05 CA$46.39

72.28%

Internet (50+ Mbps, Unlimited Data)

$70.3 $70.3

$47.96 CA$67.3

46.54%

Gym Membership (Monthly)

$64.1 $64.1

$36.69 CA$51.5

74.71%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

Cinema Ticket

$10.80 $10.80

$13.08 CA$18.35

-17.43%

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

$1,111 $1,111

$759 CA$1,065

46.38%

International Primary School, 1 Child (Yearly)

$12.6K $12.6K

$23.8K CA$33.4K

-47.15%

Jeans (Levis 501 Or Similar)

$58.4 $58.4

$53.5 CA$75.1

9.02%

Summer Dress (H&M, Zara, etc)

$40.31 $40.31

$40.44 CA$56.8

-0.32%

Sport Shoes (Adidas, Nike)

$79.9 $79.9

$100 CA$141

-20.46%

Men's Leather Business Shoes

$115 $115

$125 CA$176

-7.87%

1-bedroom Apartment, City Center (Monthly)

$1,599 $1,599

$1,630 CA$2,287

-1.88%

1-bedroom Apartment, Outside City Center (Monthly)

$1,370 $1,370

$1,416 CA$1,987

-3.22%

3-bedroom Apartment, City Center (Monthly)

$2,662 $2,662

$2,694 CA$3,781

-1.18%

3-bedroom Apartment, Outside City Center (Monthly)

$2,407 $2,407

$2,101 CA$2,949

14.54%

Buy Apartment in City Center (m2)

$3,474 $3,474

$7,551 CA$10.6K

-54.00%

Buy Apartment Outside City Center (m2)

$3,104 $3,104

$6,674 CA$9,366

-53.50%

Average Monthly Net Salary (After Tax)

$6,415 $6,415

$3,543 CA$4,973

81.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.38

4.45

43.37%

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

Last update for Parker, CO: October 24, 2026

Last update for Toronto: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Parker, CO

$1.4K 52.4%

Toronto

$1.4K 54.7% 3.3% $46

Groceries & Markets

Parker, CO

$348 13.3%

Toronto

$345 13.3% 1% $3.6

Monthly Utilities & Internet

Parker, CO

$342 13.1%

Toronto

$206 7.9% 39.9% $136

Eating Out

Parker, CO

$325 12.4%

Toronto

$285 11% 12.3% $40

Clothing & Footwear

Parker, CO

$132 5.1%

Toronto

$144 5.6% 8.7% $12

Sport & Entertainment

Parker, CO

$86 3.3%

Toronto

$63 2.4% 26.7% $23

Getting Around

Parker, CO

$12 * 0.4%

Toronto

$131 5.1% 1032% $120

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

Cost Breakdown

A central one-bedroom costs $1,599 in Parker, CO versus $1,630 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 81% higher in Parker, CO. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $79 in Parker, CO versus $78 in Toronto. Monthly groceries follow the same trend: $348 vs $345 – making Toronto the more affordable choice for daily food spending.

Good to know

🇺🇸 Parker, CO

🇨🇦 Toronto

🕒 Local time

14:18 2:18 PM

16:18 4:18 PM

2 h ahead of Parker, CO

🌤 Weather

👥 Population

49,550

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.898 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 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 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.56 CAD (1 CAD = 0.64 EUR).

CAD to USD in detail →

On the map

Lowest

Highest

Between locations

Parker, CO Toronto 2,150 km ≈ 3 h 15 min nonstop flight

From you

Parker, CO
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

Parker, CO vs Toronto: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $3,922 per month in Parker, CO and $3,883 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,599 in Parker, CO and $1,630 in Toronto. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

$2,500 is a stretch for both – monthly costs hit $2,615 in Parker, CO and $2,589 in Toronto. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Parker, CO has an edge in some lifestyle areas, with costs from $2,589 in Toronto to $2,615 in Parker, CO. Climate, culture, job market, and personal taste all factor in.

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