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: $2,566 in Richmond versus $2,351 in Torquay.

Estimated couple costs with rent: $3,820 in Richmond versus $3,437 in Torquay.

Monthly costs for a family of three with rent: $5,074 in Richmond versus $4,524 in Torquay.

Living in Richmond is roughly 9% more expensive than in Torquay, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Richmond 92% above, Torquay 76% above.

Meal at Budget Restaurant

$16.39 CA$23.06

$20.18 £15.03

-18.78%

Three-Course Dinner for Two, Mid-Range

$74.4 CA$105

$95.2 £70.9

-21.82%

Fast Food Meal (McDonalds, etc)

$9.55 CA$13.44

$9.71 £7.23

-1.65%

Cappuccino

$4.22 CA$5.94

$4.10 £3.05

2.93%

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

$2.00 CA$2.81

$2.53 £1.89

-20.95%

Water (0.33 liter bottle)

$1.36 CA$1.91

$2.03 £1.51

-33.00%

Local Beer (0.5 liter draught)

$5.64 CA$7.94

$5.30 £3.95

6.42%

Imported Beer (0.33 liter bottle)

$5.99 CA$8.43

$5.47 £4.08

9.51%

Milk (1 liter)

$2.09 CA$2.94

$1.99 £1.48

5.03%

White Bread (500g)

$2.33 CA$3.28

$1.70 £1.26

37.06%

Rice (white) (1kg)

$2.63 CA$3.70

$3.31 £2.47

-20.54%

Eggs

$3.20 CA$4.50

$6.09 £4.53

-47.45%

Local Cheese (1kg)

$9.22 CA$12.98

$6.78 £5.05

35.99%

Chicken Fillets (1kg)

$10.40 CA$14.64

$10.68 £7.95

-2.62%

Beef Round Steak (1kg)

$10.09 CA$14.19

$17.73 £13.20

-43.09%

Apples (1kg)

$3.15 CA$4.43

$3.04 £2.27

3.62%

Banana (1kg)

$1.37 CA$1.93

$1.22 £0.91

12.30%

Oranges (1kg)

$2.73 CA$3.85

$4.72 £3.51

-42.16%

Tomato (1kg)

$3.88 CA$5.46

$4.57 £3.40

-15.10%

Potato (1kg)

$2.43 CA$3.42

$1.49 £1.11

63.09%

Onion (1kg)

$2.14 CA$3.01

$1.64 £1.22

30.49%

Lettuce (1 head)

$1.96 CA$2.76

$1.33 £0.99

47.37%

Water (1.5 liter bottle)

$1.20 CA$1.69

$1.71 £1.28

-29.82%

Cigarettes 20 Pack (Marlboro, Camel)

$15.02 CA$21.13

$15.73 £11.71

-4.51%

Wine (Bottle)

$12.96 CA$18.23

$9.63 £7.17

34.58%

Local Beer (0.5 liter bottle)

$2.13 CA$3.00

$2.51 £1.87

-15.14%

Imported Beer (0.33 liter bottle)

$2.25 CA$3.17

$3.18 £2.37

-29.25%

One-way Ticket (Public Transport)

$2.20 CA$3.09

$3.32 £2.47

-33.73%

Public Transport Monthly Pass (Regular Price)

$77.7 CA$109

$88.3 £65.8

-12.07%

Taxi Start (Normal Tariff)

$3.13 CA$4.40

$4.03 £3.00

-22.33%

Taxi (Normal Tariff) (1km)

$1.55 CA$2.18

$1.58 £1.18

-1.90%

Taxi 1hour Waiting (Normal Tariff)

$25.85 CA$36.38

$27.45 £20.44

-5.83%

Gasoline (1 liter)

$1.37 CA$1.93

$1.91 £1.42

-28.27%

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

$24.6K CA$34.6K

$39.3K £29.2K

-37.43%

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

$19.8K CA$27.9K

$43.2K £32.1K

-54.06%

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

$113 CA$159

$348 £259

-67.43%

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

$44.53 CA$62.7

$18.90 £14.07

135.61%

Internet (50+ Mbps, Unlimited Data)

$46.08 CA$64.8

$28.78 £21.42

60.11%

Gym Membership (Monthly)

$56.0 CA$78.8

$46.47 £34.60

20.53%

Tennis Court (1 Hour on Weekend)

$4.83 CA$6.80

Cinema Ticket

$12.00 CA$16.89

$7.68 £5.72

56.25%

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

$943 CA$1,327

$1,609 £1,198

-41.40%

International Primary School, 1 Child (Yearly)

$10.9K CA$15.4K

$16.6K £12.4K

-34.17%

Jeans (Levis 501 Or Similar)

$48.54 CA$68.3

$85.5 £63.7

-43.23%

Summer Dress (H&M, Zara, etc)

$33.28 CA$46.83

$24.19 £18.01

37.58%

Sport Shoes (Adidas, Nike)

$92.4 CA$130

$68.3 £50.9

35.21%

Men's Leather Business Shoes

$126 CA$177

$80.3 £59.8

57.11%

1-bedroom Apartment, City Center (Monthly)

$1,799 CA$2,531

$1,205 £897

49.26%

1-bedroom Apartment, Outside City Center (Monthly)

$1,446 CA$2,035

$1,015 £756

42.49%

3-bedroom Apartment, City Center (Monthly)

$2,936 CA$4,131

$2,027 £1,509

44.84%

3-bedroom Apartment, Outside City Center (Monthly)

$2,498 CA$3,516

$1,718 £1,279

45.46%

Buy Apartment in City Center (m2)

$9,856 CA$13.9K

Buy Apartment Outside City Center (m2)

$7,865 CA$11.1K

Average Monthly Net Salary (After Tax)

$3,012 CA$4,239

$2,461 £1,832

22.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.08

5.9

3.05%

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

Last update for Richmond: July 12, 2026

Last update for Torquay: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,799 in Richmond and $1,205 in Torquay. Housing cost is often the main lever when comparing two cities.

Richmond pays 22% 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 for a mid-range dinner for two. Groceries echo the gap at $307 vs $337 per month, with Richmond cheaper across the board.

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 9% 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 22% 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: $1,799 in Richmond versus $1,205 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 $943 in Richmond versus $1,609 in Torquay. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $2,351 in Torquay versus $2,566 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 9% less than in Richmond. Beyond cost, consider language, visa policies, and how big the international community is in each city.