Cost of Living Comparison Between Richmond and Torquay Cost of Living Comparison Between Richmond and Torquay

Monthly Cost of Living

Monthly costs for one person with rent: $2,516 in Richmond versus $2,115 in Torquay.

Estimated couple costs with rent: $3,615 in Richmond versus $3,074 in Torquay.

Monthly costs for a family of three with rent: $4,714 in Richmond versus $4,033 in Torquay.

Living in Richmond is roughly 19% more expensive than in Torquay, driven mainly by Eating Out.

Both cities are pricier than the global median: Richmond 83% above, Torquay 54% above.

Meal at Budget Restaurant

$16.29 CA$22.53

$21.12 £15.62

-22.87%

Three-Course Dinner for Two, Mid-Range

$73.6 CA$102

$95.4 £70.6

-22.88%

Fast Food Meal (McDonalds, etc)

$9.12 CA$12.61

$9.58 £7.09

-4.80%

Cappuccino

$4.30 CA$5.95

$4.61 £3.41

-6.72%

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

$2.01 CA$2.78

$2.81 £2.08

-28.47%

Water (0.33 liter bottle)

$1.54 CA$2.13

$2.11 £1.56

-27.01%

Local Beer (0.5 liter draught)

$5.30 CA$7.33

$5.39 £3.99

-1.67%

Imported Beer (0.33 liter bottle)

$5.92 CA$8.19

$5.37 £3.97

10.24%

Milk (1 liter)

$2.25 CA$3.11

$1.68 £1.24

33.93%

White Bread (500g)

$2.19 CA$3.04

$2.04 £1.51

7.35%

Rice (white) (1kg)

$2.28 CA$3.16

$2.35 £1.74

-2.98%

Eggs

$3.18 CA$4.40

$4.29 £3.17

-25.87%

Local Cheese (1kg)

$8.94 CA$12.37

$6.54 £4.84

36.70%

Chicken Fillets (1kg)

$10.99 CA$15.20

$9.50 £7.03

15.68%

Beef Round Steak (1kg)

$9.99 CA$13.82

$12.98 £9.61

-23.04%

Apples (1kg)

$2.55 CA$3.53

$0.85 £0.63

200.00%

Banana (1kg)

$1.29 CA$1.78

$1.76 £1.30

-26.70%

Oranges (1kg)

$2.65 CA$3.67

$1.98 £1.47

33.84%

Tomato (1kg)

$3.73 CA$5.16

$2.16 £1.60

72.69%

Potato (1kg)

$2.13 CA$2.95

$2.22 £1.64

-4.05%

Onion (1kg)

$1.93 CA$2.66

$1.35 £1.00

42.96%

Lettuce (1 head)

$2.01 CA$2.79

$1.90 £1.41

5.79%

Water (1.5 liter bottle)

$1.20 CA$1.66

$1.93 £1.43

-37.82%

Cigarettes 20 Pack (Marlboro, Camel)

$14.33 CA$19.82

$24.37 £18.03

-41.20%

Wine (Bottle)

$13.03 CA$18.02

$9.88 £7.31

31.88%

Local Beer (0.5 liter bottle)

$2.17 CA$3.01

$2.92 £2.16

-25.68%

Imported Beer (0.33 liter bottle)

$2.22 CA$3.07

$2.41 £1.79

-7.88%

One-way Ticket (Public Transport)

$2.11 CA$2.92

$3.45 £2.55

-38.84%

Public Transport Monthly Pass (Regular Price)

$76.4 CA$106

$67.1 £49.63

13.82%

Taxi Start (Normal Tariff)

$3.01 CA$4.17

$3.42 £2.53

-11.99%

Taxi (Normal Tariff) (1km)

$1.42 CA$1.97

$2.47 £1.83

-42.51%

Taxi 1hour Waiting (Normal Tariff)

$33.46 £24.75

Gasoline (1 liter)

$1.27 CA$1.76

$2.03 £1.50

-37.44%

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

$24.4K CA$33.7K

$38.5K £28.5K

-36.79%

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

$19.0K CA$26.3K

$41.2K £30.5K

-53.89%

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

$134 CA$185

$373 £276

-64.18%

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

$33.26 CA$46.01

$16.74 £12.39

98.69%

Internet (50+ Mbps, Unlimited Data)

$46.44 CA$64.3

$29.48 £21.81

57.53%

Gym Membership (Monthly)

$26.57 CA$36.75

$34.40 £25.45

-22.76%

Tennis Court (1 Hour on Weekend)

$2.42 CA$3.35

$8.23 £6.09

-70.60%

Cinema Ticket

$12.63 CA$17.47

$7.63 £5.65

65.53%

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

$815 CA$1,127

$2,297 £1,700

-64.54%

International Primary School, 1 Child (Yearly)

$10.9K CA$15.0K

$34.4K £25.5K

-68.46%

Jeans (Levis 501 Or Similar)

$53.9 CA$74.5

$95.9 £71.0

-43.86%

Summer Dress (H&M, Zara, etc)

$33.22 CA$45.96

$24.53 £18.15

35.43%

Sport Shoes (Adidas, Nike)

$95.0 CA$131

$67.2 £49.71

41.43%

Men's Leather Business Shoes

$120 CA$167

$81.5 £60.3

47.86%

1-bedroom Apartment, City Center (Monthly)

$1,903 CA$2,633

$1,102 £815

72.70%

1-bedroom Apartment, Outside City Center (Monthly)

$1,460 CA$2,019

$886 £655

64.77%

3-bedroom Apartment, City Center (Monthly)

$2,817 CA$3,897

$1,625 £1,202

73.40%

3-bedroom Apartment, Outside City Center (Monthly)

$2,321 CA$3,211

$1,220 £902

90.31%

Buy Apartment in City Center (m2)

$9,992 CA$13.8K

$4,245 £3,141

135.35%

Buy Apartment Outside City Center (m2)

$8,179 CA$11.3K

$2,824 £2,089

189.63%

Average Monthly Net Salary (After Tax)

$3,108 CA$4,300

$2,462 £1,822

26.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.77

4.96

-3.83%

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

Last update for Richmond: August 31, 2026

Last update for Torquay: August 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,903 in Richmond and $1,102 in Torquay. Housing cost is often the main lever when comparing two cities.

Richmond pays 26% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $74.0 in Richmond vs $95.0 in Torquay. Groceries flip the comparison at $302 vs $283, with Torquay cheaper for home cooking.

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

Richmond vs Torquay: Cost of Living - Frequently Asked Questions

Torquay wins on cost – living expenses run 19% lower than in Richmond. Housing and daily spending are where you'll feel the difference most, making Torquay the obvious pick if budget is a priority.

Average pay runs 26% higher in Richmond, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,903 in Richmond versus $1,102 in Torquay. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Torquay runs roughly 14% less than in Richmond. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $815 in Richmond versus $2,297 in Torquay. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $2,115 in Torquay versus $2,516 in Richmond, a $2,500 budget is realistic in Torquay but tight or insufficient in Richmond. The gap between the two cities makes Torquay the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Torquay gentler on the wallet – expenses run 19% less than in Richmond. Beyond cost, consider language, visa policies, and how big the international community is in each city.