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

🙂 Solo nomad: Richmond is 1.4% cheaper than Toronto without rent, and 9.3% cheaper with rent.
🙂 Family of 3: Richmond is 8.4% cheaper than Toronto without rent, and 5% cheaper with rent.
Currency
🍽 Eating Out
Richmond
Toronto
Difference
Meal at Budget Restaurant
$16.36 CA$22.42
$18.40 CA$25.20
-11.09%
Three-Course Dinner for Two, Mid-Range
$72.8 CA$99.7
$81.3 CA$111
-10.49%
Fast Food Meal (McDonalds, etc)
$9.49 CA$13.00
$10.92 CA$14.97
-13.10%
Cappuccino
$4.17 CA$5.71
$3.83 CA$5.25
8.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.05 CA$2.81
$2.19 CA$3.01
-6.39%
Water (0.33 liter bottle)
$1.35 CA$1.85
$1.64 CA$2.25
-17.68%
Local Beer (0.5 liter draught)
$5.58 CA$7.64
$5.87 CA$8.05
-4.94%
Imported Beer (0.33 liter bottle)
$6.04 CA$8.27
$6.74 CA$9.24
-10.39%
🛒 Groceries & Markets
Richmond
Toronto
Difference
Milk (1 liter)
$2.11 CA$2.89
$2.69 CA$3.68
-21.56%
White Bread (500g)
$2.29 CA$3.14
$2.78 CA$3.81
-17.63%
Rice (white) (1kg)
$2.59 CA$3.55
$3.51 CA$4.81
-26.21%
Eggs
$3.16 CA$4.32
$3.47 CA$4.76
-8.93%
Local Cheese (1kg)
$9.62 CA$13.17
$13.25 CA$18.15
-27.40%
Chicken Fillets (1kg)
$10.27 CA$14.07
$12.92 CA$17.70
-20.51%
Beef Round Steak (1kg)
$10.06 CA$13.78
$16.38 CA$22.44
-38.58%
Apples (1kg)
$3.17 CA$4.34
$4.03 CA$5.52
-21.34%
Banana (1kg)
$1.42 CA$1.95
$1.17 CA$1.61
21.37%
Oranges (1kg)
$2.61 CA$3.58
$3.35 CA$4.59
-22.09%
Tomato (1kg)
$3.91 CA$5.36
$4.01 CA$5.50
-2.49%
Potato (1kg)
$2.44 CA$3.35
$2.44 CA$3.34
-
Onion (1kg)
$2.17 CA$2.97
$2.84 CA$3.90
-23.59%
Lettuce (1 head)
$1.94 CA$2.66
$2.39 CA$3.27
-18.83%
Water (1.5 liter bottle)
$1.16 CA$1.60
$1.98 CA$2.71
-41.41%
Cigarettes 20 Pack (Marlboro, Camel)
$14.79 CA$20.26
$14.82 CA$20.31
-0.20%
Wine (Bottle)
$12.89 CA$17.66
$14.37 CA$19.68
-10.30%
Local Beer (0.5 liter bottle)
$2.14 CA$2.93
$2.77 CA$3.79
-22.74%
Imported Beer (0.33 liter bottle)
$2.25 CA$3.08
$3.30 CA$4.52
-31.82%
🚌 Getting Around
Richmond
Toronto
Difference
One-way Ticket (Public Transport)
$2.16 CA$2.96
$2.45 CA$3.35
-11.84%
Public Transport Monthly Pass (Regular Price)
$76.1 CA$104
$113 CA$155
-32.98%
Taxi Start (Normal Tariff)
$3.13 CA$4.29
$3.61 CA$4.95
-13.30%
Taxi (Normal Tariff) (1km)
$1.55 CA$2.12
$1.42 CA$1.94
9.15%
Taxi 1hour Waiting (Normal Tariff)
$25.55 CA$35.01
$25.90 CA$35.48
-1.35%
Gasoline (1 liter)
$1.35 CA$1.85
$1.10 CA$1.50
22.73%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.5K CA$34.9K
$25.5K CA$35.0K
-0.14%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.1K CA$27.6K
$21.0K CA$28.7K
-3.94%
🧾 Monthly Utilities & Internet
Richmond
Toronto
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$110 CA$151
$119 CA$163
-7.14%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$44.94 CA$61.6
$37.69 CA$51.6
19.24%
Internet (50+ Mbps, Unlimited Data)
$45.47 CA$62.3
$54.6 CA$74.7
-16.65%
🎉 Sport & Entertainment
Richmond
Toronto
Difference
Gym Membership (Monthly)
$57.7 CA$79.1
$57.3 CA$78.5
0.77%
Tennis Court (1 Hour on Weekend)
$4.99 CA$6.83
$20.68 CA$28.33
-75.87%
Cinema Ticket
$12.20 CA$16.71
$11.62 CA$15.92
4.99%
🧸 Childcare & Education
Richmond
Toronto
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$939 CA$1,287
$1,118 CA$1,531
-15.96%
International Primary School, 1 Child (Yearly)
$10.9K CA$14.9K
$18.3K CA$25.0K
-40.65%
👕👟 Clothing & Footwear
Richmond
Toronto
Difference
Jeans (Levis 501 Or Similar)
$49.17 CA$67.4
$57.3 CA$78.6
-14.23%
Summer Dress (H&M, Zara, etc)
$33.91 CA$46.46
$39.80 CA$54.5
-14.80%
Sport Shoes (Adidas, Nike)
$95.8 CA$131
$88.4 CA$121
8.34%
Men's Leather Business Shoes
$126 CA$172
$116 CA$159
8.35%
🏠 Accommodation & Living
Richmond
Toronto
Difference
1-bedroom Apartment, City Center (Monthly)
$1,811 CA$2,481
$1,836 CA$2,516
-1.36%
1-bedroom Apartment, Outside City Center (Monthly)
$1,447 CA$1,982
$1,550 CA$2,124
-6.69%
3-bedroom Apartment, City Center (Monthly)
$2,889 CA$3,959
$2,991 CA$4,097
-3.39%
3-bedroom Apartment, Outside City Center (Monthly)
$2,467 CA$3,380
$2,492 CA$3,415
-1.01%
Buy Apartment in City Center (m2)
$10.2K CA$14.0K
$8,566 CA$11.7K
19.02%
Buy Apartment Outside City Center (m2)
$8,093 CA$11.1K
$6,905 CA$9,460
17.21%
💵 Salaries & Financials
Richmond
Toronto
Difference
Average Monthly Net Salary (After Tax)
$3,126 CA$4,282
$3,697 CA$5,064
-15.44%
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: April 12, 2026

Last update for Toronto: April 13, 2026

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

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