Cost of Living Comparison Between Richmond and Toronto Cost of Living Comparison Between Richmond and Toronto

🙂 Solo nomad: Richmond is 25.5% cheaper than Toronto without rent, and 7.6% cheaper with rent.
🙂 Family of 3: Richmond is 26.9% cheaper than Toronto without rent, and 4% cheaper with rent.
Currency
🍽 Eating Out
Richmond
Toronto
Difference
Meal at Budget Restaurant
$16.64 CA$22.66
$18.44 CA$25.1
-9.76%
Three-Course Dinner for Two, Mid-Range
$74.3 CA$101
$83.7 CA$114
-11.22%
Fast Food Meal (McDonalds, etc)
$9.82 CA$13.37
$11.24 CA$15.3
-12.63%
Cappuccino
$4.02 CA$5.47
$3.93 CA$5.34
2.29%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.06 CA$2.81
$2.15 CA$2.93
-4.19%
Water (0.33 liter bottle)
$1.35 CA$1.83
$1.69 CA$2.3
-20.12%
Local Beer (0.5 liter draught)
$5.63 CA$7.66
$5.95 CA$8.1
-5.38%
Imported Beer (0.33 liter bottle)
$5.84 CA$7.95
$6.8 CA$9.25
-14.12%
🛒 Groceries & Markets
Richmond
Toronto
Difference
Milk (1 liter)
$2.21 CA$3.01
$2.71 CA$3.68
-18.45%
White Bread (500g)
$2.33 CA$3.17
$2.72 CA$3.7
-14.34%
Rice (white) (1kg)
$2.69 CA$3.66
$3.64 CA$4.96
-26.10%
Eggs
$3.26 CA$4.43
$3.49 CA$4.75
-6.59%
Local Cheese (1kg)
$9.25 CA$12.58
$13.31 CA$18.12
-30.50%
Chicken Fillets (1kg)
$10.37 CA$14.11
$12.9 CA$17.56
-19.61%
Beef Round Steak (1kg)
$9.9 CA$13.48
$16.93 CA$23.05
-41.52%
Apples (1kg)
$3.2 CA$4.36
$3.97 CA$5.41
-19.40%
Banana (1kg)
$1.4 CA$1.9
$1.13 CA$1.54
23.89%
Oranges (1kg)
$2.69 CA$3.66
$3.39 CA$4.61
-20.65%
Tomato (1kg)
$3.89 CA$5.3
$4.07 CA$5.54
-4.42%
Potato (1kg)
$2.48 CA$3.37
$2.42 CA$3.29
2.48%
Onion (1kg)
$2.22 CA$3.02
$2.89 CA$3.93
-23.18%
Lettuce (1 head)
$1.9 CA$2.59
$2.36 CA$3.21
-19.49%
Water (1.5 liter bottle)
$1.17 CA$1.59
$1.98 CA$2.7
-40.91%
Cigarettes 20 Pack (Marlboro, Camel)
$14.88 CA$20.25
$14.81 CA$20.16
0.47%
Wine (Bottle)
$13.02 CA$17.73
$12.68 CA$17.26
2.68%
Local Beer (0.5 liter bottle)
$2.13 CA$2.89
$2.77 CA$3.77
-23.10%
Imported Beer (0.33 liter bottle)
$2.31 CA$3.15
$3.16 CA$4.3
-26.90%
🚌 Getting Around
Richmond
Toronto
Difference
One-way Ticket (Public Transport)
$2.16 CA$2.94
$2.53 CA$3.44
-14.62%
Public Transport Monthly Pass (Regular Price)
$75.8 CA$103
$116 CA$158
-34.72%
Taxi Start (Normal Tariff)
$2.97 CA$4.05
$3.73 CA$5.08
-20.38%
Taxi (Normal Tariff) (1km)
$1.53 CA$2.08
$1.34 CA$1.82
14.18%
Taxi 1hour Waiting (Normal Tariff)
$25.28 CA$34.41
$26.03 CA$35.44
-2.88%
Gasoline (1 liter)
$1.31 CA$1.78
$1.15 CA$1.57
13.91%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.3K CA$34.5K
$24.9K CA$33.8K
1.83%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.4K CA$27.8K
$21.1K CA$28.7K
-3.28%
🧾 Monthly Utilities & Internet
Richmond
Toronto
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$112 CA$153
$118 CA$160
-4.55%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$45.1 CA$61.4
$38.04 CA$51.8
18.56%
Internet (50+ Mbps, Unlimited Data)
$45.34 CA$61.7
$53.4 CA$72.7
-15.14%
🎉 Sport & Entertainment
Richmond
Toronto
Difference
Gym Membership (Monthly)
$57.2 CA$77.8
$57.2 CA$77.8
0.03%
Tennis Court (1 Hour on Weekend)
$4.89 CA$6.66
$20.67 CA$28.13
-76.34%
Cinema Ticket
$12 CA$16.33
$11.92 CA$16.23
0.67%
🧸 Childcare & Education
Richmond
Toronto
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$943 CA$1,284
$1,155 CA$1,572
-18.30%
International Primary School, 1 Child (Yearly)
$11K CA$15K
$17.9K CA$24.4K
-38.63%
👕👟 Clothing & Footwear
Richmond
Toronto
Difference
Jeans (Levis 501 Or Similar)
$49.87 CA$67.9
$58.6 CA$79.8
-14.94%
Summer Dress (H&M, Zara, etc)
$33.55 CA$45.67
$39.24 CA$53.4
-14.50%
Sport Shoes (Adidas, Nike)
$94 CA$128
$88.1 CA$120
6.63%
Men's Leather Business Shoes
$124 CA$169
$114 CA$155
9.00%
🏠 Accommodation & Living
Richmond
Toronto
Difference
1-bedroom Apartment, City Center (Monthly)
$1,771 CA$2,411
$1,805 CA$2,456
-1.86%
1-bedroom Apartment, Outside City Center (Monthly)
$1,473 CA$2,005
$1,522 CA$2,072
-3.23%
3-bedroom Apartment, City Center (Monthly)
$2,955 CA$4,022
$2,963 CA$4,033
-0.28%
3-bedroom Apartment, Outside City Center (Monthly)
$2,524 CA$3,435
$2,466 CA$3,357
2.34%
Buy Apartment in City Center (m2)
$10K CA$13.6K
$8,787 CA$12K
13.91%
Buy Apartment Outside City Center (m2)
$7,912 CA$10.8K
$7,087 CA$9,646
11.64%
💵 Salaries & Financials
Richmond
Toronto
Difference
Average Monthly Net Salary (After Tax)
$3,077 CA$4,188
$3,391 CA$4,616
-9.28%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.08
5.16
17.83%

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

Last update for Richmond: October 27, 2025

Last update for Toronto: October 29, 2025

Similar cities

Join the CityCost newsletter – low traffic, no spam, and easy to unsubscribe. Your email stays private.