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

😐 Solo nomad: Richmond is 0.9% more expensive than Toronto without rent, and 8% cheaper with rent.
🙂 Family of 3: Richmond is 3.8% cheaper than Toronto without rent, and 7.7% cheaper with rent.
Currency
🍽 Eating Out
Richmond
Toronto
Difference
Meal at Budget Restaurant
$16.81 CA$23.02
$18.50 CA$25.34
-9.14%
Three-Course Dinner for Two, Mid-Range
$74.5 CA$102
$82.9 CA$114
-10.19%
Fast Food Meal (McDonalds, etc)
$9.85 CA$13.50
$11.00 CA$15.07
-10.45%
Cappuccino
$4.08 CA$5.60
$3.93 CA$5.39
3.82%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.99 CA$2.73
$2.11 CA$2.90
-5.69%
Water (0.33 liter bottle)
$1.31 CA$1.80
$1.64 CA$2.25
-20.12%
Local Beer (0.5 liter draught)
$5.68 CA$7.78
$5.92 CA$8.11
-4.05%
Imported Beer (0.33 liter bottle)
$5.92 CA$8.11
$6.49 CA$8.90
-8.78%
🛒 Groceries & Markets
Richmond
Toronto
Difference
Milk (1 liter)
$2.20 CA$3.02
$2.72 CA$3.72
-19.12%
White Bread (500g)
$2.39 CA$3.28
$2.86 CA$3.92
-16.43%
Rice (white) (1kg)
$2.69 CA$3.68
$3.60 CA$4.93
-25.28%
Eggs
$3.14 CA$4.30
$3.61 CA$4.95
-13.02%
Local Cheese (1kg)
$9.33 CA$12.78
$13.35 CA$18.29
-30.11%
Chicken Fillets (1kg)
$10.37 CA$14.20
$13.14 CA$18.01
-21.08%
Beef Round Steak (1kg)
$9.84 CA$13.49
$16.87 CA$23.11
-41.67%
Apples (1kg)
$3.16 CA$4.33
$4.17 CA$5.72
-24.22%
Banana (1kg)
$1.39 CA$1.91
$1.16 CA$1.59
19.83%
Oranges (1kg)
$2.73 CA$3.74
$3.24 CA$4.44
-15.74%
Tomato (1kg)
$3.89 CA$5.33
$4.03 CA$5.52
-3.47%
Potato (1kg)
$2.47 CA$3.39
$2.54 CA$3.49
-2.76%
Onion (1kg)
$2.15 CA$2.94
$2.92 CA$4.00
-26.37%
Lettuce (1 head)
$1.91 CA$2.61
$2.46 CA$3.37
-22.36%
Water (1.5 liter bottle)
$1.16 CA$1.59
$1.97 CA$2.70
-41.12%
Cigarettes 20 Pack (Marlboro, Camel)
$14.86 CA$20.36
$15.02 CA$20.57
-1.07%
Wine (Bottle)
$13.05 CA$17.88
$13.76 CA$18.86
-5.16%
Local Beer (0.5 liter bottle)
$2.25 CA$3.08
$2.67 CA$3.66
-15.73%
Imported Beer (0.33 liter bottle)
$2.28 CA$3.12
$3.19 CA$4.37
-28.53%
🚌 Getting Around
Richmond
Toronto
Difference
One-way Ticket (Public Transport)
$2.15 CA$2.95
$2.42 CA$3.31
-11.16%
Public Transport Monthly Pass (Regular Price)
$78.3 CA$107
$113 CA$155
-30.68%
Taxi Start (Normal Tariff)
$3.04 CA$4.16
$3.73 CA$5.11
-18.50%
Taxi (Normal Tariff) (1km)
$1.48 CA$2.02
$1.42 CA$1.94
4.23%
Taxi 1hour Waiting (Normal Tariff)
$25.92 CA$35.51
$25.91 CA$35.50
0.04%
Gasoline (1 liter)
$1.30 CA$1.79
$1.09 CA$1.50
19.27%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.2K CA$34.6K
$24.9K CA$34.1K
1.21%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.5K CA$28.2K
$21.3K CA$29.2K
-3.55%
🧾 Monthly Utilities & Internet
Richmond
Toronto
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$113 CA$155
$117 CA$160
-3.03%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$44.85 CA$61.5
$37.93 CA$52.0
18.24%
Internet (50+ Mbps, Unlimited Data)
$46.23 CA$63.3
$53.3 CA$73.0
-13.20%
🎉 Sport & Entertainment
Richmond
Toronto
Difference
Gym Membership (Monthly)
$57.8 CA$79.2
$56.4 CA$77.3
2.52%
Tennis Court (1 Hour on Weekend)
$4.80 CA$6.57
$21.08 CA$28.87
-77.23%
Cinema Ticket
$12.34 CA$16.90
$11.98 CA$16.41
3.01%
🧸 Childcare & Education
Richmond
Toronto
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$958 CA$1,312
$1,126 CA$1,543
-14.99%
International Primary School, 1 Child (Yearly)
$11.0K CA$15.0K
$18.5K CA$25.3K
-40.54%
👕👟 Clothing & Footwear
Richmond
Toronto
Difference
Jeans (Levis 501 Or Similar)
$49.08 CA$67.2
$58.4 CA$80.1
-16.00%
Summer Dress (H&M, Zara, etc)
$34.47 CA$47.23
$39.18 CA$53.7
-12.02%
Sport Shoes (Adidas, Nike)
$93.7 CA$128
$89.2 CA$122
5.00%
Men's Leather Business Shoes
$122 CA$167
$117 CA$160
4.75%
🏠 Accommodation & Living
Richmond
Toronto
Difference
1-bedroom Apartment, City Center (Monthly)
$1,776 CA$2,433
$1,787 CA$2,448
-0.64%
1-bedroom Apartment, Outside City Center (Monthly)
$1,480 CA$2,028
$1,560 CA$2,137
-5.09%
3-bedroom Apartment, City Center (Monthly)
$2,904 CA$3,979
$2,987 CA$4,093
-2.79%
3-bedroom Apartment, Outside City Center (Monthly)
$2,497 CA$3,420
$2,445 CA$3,350
2.09%
Buy Apartment in City Center (m2)
$10.1K CA$13.8K
$8,834 CA$12.1K
14.33%
Buy Apartment Outside City Center (m2)
$8,229 CA$11.3K
$6,835 CA$9,365
20.38%
💵 Salaries & Financials
Richmond
Toronto
Difference
Average Monthly Net Salary (After Tax)
$3,110 CA$4,261
$3,638 CA$4,984
-14.51%
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: March 1, 2026

Last update for Toronto: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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