Last update: Oct 2026

Cost of Living Comparison Between Richmond Hill and Toronto

For one person, living is cheaper in Toronto: $2,589 a month against $2,769 in Richmond Hill, rent and utilities included – about $2,200 less a year. Rent and utilities account for most of the difference.

134

Cost of Living Index in Richmond Hill
Learn more

Richmond Hill Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Richmond Hill

🇨🇦 Canada

$2,769

/mo nomad

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Monthly Cost of Living

How much you'll spend in Richmond Hill and in Toronto

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Richmond Hill and in Toronto actually costs, broken down by who's living it.

A single person spends $2,769 per month in Richmond Hill vs $2,589 in Toronto, rent included.

Richmond Hill $2,769
Toronto $2,589

A couple spends around $3,844 per month in Richmond Hill vs $3,710 in Toronto, rent included.

Richmond Hill $3,844
Toronto $3,710

A family of three spends $4,920 per month in Richmond Hill vs $4,831 in Toronto, rent included.

Richmond Hill $4,920
Toronto $4,831

Richmond Hill costs about 7% more than Toronto, and outside of rent the biggest gap is in transport.

Both Richmond Hill and Toronto sit above the global median – Richmond Hill by 103%, Toronto by 90%.

Meal at Budget Restaurant

$18.10 CA$25.43

$17.60 CA$24.73

2.84%

Three-Course Dinner for Two, Mid-Range

$70.1 CA$98.5

$77.8 CA$109

-9.88%

Fast Food Meal (McDonalds, etc)

$10.56 CA$14.84

$10.59 CA$14.87

-0.28%

Cappuccino

$3.69 CA$5.19

$4.16 CA$5.84

-11.30%

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

$1.79 CA$2.51

$2.04 CA$2.87

-12.25%

Water (0.33 liter bottle)

$1.47 CA$2.06

$1.75 CA$2.46

-16.00%

Local Beer (0.5 liter draught)

$5.87 CA$8.25

$6.58 CA$9.24

-10.79%

Imported Beer (0.33 liter bottle)

$5.58 CA$7.85

$7.11 CA$9.99

-21.52%

Milk (1 liter)

$2.74 CA$3.85

$2.53 CA$3.56

8.30%

White Bread (500g)

$2.71 CA$3.80

$2.70 CA$3.80

0.37%

Rice (white) (1kg)

$2.16 CA$3.03

$2.24 CA$3.15

-3.57%

Eggs

$4.46 CA$6.27

$3.48 CA$4.89

28.16%

Local Cheese (1kg)

$10.95 CA$15.38

$9.38 CA$13.17

16.74%

Chicken Fillets (1kg)

$11.09 CA$15.59

$11.60 CA$16.29

-4.40%

Beef Round Steak (1kg)

$12.85 CA$18.06

$14.68 CA$20.63

-12.47%

Apples (1kg)

$3.63 CA$5.10

$3.74 CA$5.26

-2.94%

Banana (1kg)

$1.34 CA$1.89

$1.22 CA$1.72

9.84%

Oranges (1kg)

$3.42 CA$4.80

$3.48 CA$4.89

-1.72%

Tomato (1kg)

$4.00 CA$5.62

$4.32 CA$6.07

-7.41%

Potato (1kg)

$2.04 CA$2.87

$1.85 CA$2.60

10.27%

Onion (1kg)

$2.03 CA$2.85

$1.69 CA$2.38

20.12%

Lettuce (1 head)

$2.33 CA$3.27

$2.23 CA$3.13

4.48%

Water (1.5 liter bottle)

$1.47 CA$2.07

$1.28 CA$1.79

14.84%

Cigarettes 20 Pack (Marlboro, Camel)

$13.36 CA$18.77

$14.04 CA$19.73

-4.84%

Wine (Bottle)

$12.80 CA$17.98

$14.43 CA$20.27

-11.30%

Local Beer (0.5 liter bottle)

$1.83 CA$2.57

$2.16 CA$3.03

-15.28%

Imported Beer (0.33 liter bottle)

$2.23 CA$3.14

$2.52 CA$3.55

-11.51%

One-way Ticket (Public Transport)

$3.38 CA$4.75

$2.37 CA$3.33

42.62%

Public Transport Monthly Pass (Regular Price)

$157 CA$221

$112 CA$158

39.61%

Taxi Start (Normal Tariff)

$2.97 CA$4.17

$3.04 CA$4.27

-2.30%

Taxi (Normal Tariff) (1km)

$1.08 CA$1.52

$1.24 CA$1.74

-12.90%

Taxi 1hour Waiting (Normal Tariff)

$18.89 CA$26.54

$22.55 CA$31.69

-16.23%

Gasoline (1 liter)

$1.23 CA$1.72

$1.24 CA$1.75

-0.81%

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

$27.5K CA$38.6K

$26.9K CA$37.8K

2.06%

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

$21.4K CA$30.1K

$21.4K CA$30.0K

0.04%

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

$137 CA$192

$125 CA$175

9.79%

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

$34.31 CA$48.21

$33.05 CA$46.44

3.81%

Internet (50+ Mbps, Unlimited Data)

$46.63 CA$65.5

$47.96 CA$67.4

-2.77%

Gym Membership (Monthly)

$45.55 CA$64.0

$36.69 CA$51.6

24.15%

Tennis Court (1 Hour on Weekend)

$17.78 CA$24.99

$23.67 CA$33.26

-24.88%

Cinema Ticket

$10.78 CA$15.14

$13.08 CA$18.37

-17.58%

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

$342 CA$480

$759 CA$1,066

-54.96%

International Primary School, 1 Child (Yearly)

$10.8K CA$15.1K

$23.8K CA$33.4K

-54.69%

Jeans (Levis 501 Or Similar)

$44.38 CA$62.4

$53.5 CA$75.2

-17.11%

Summer Dress (H&M, Zara, etc)

$38.78 CA$54.5

$40.44 CA$56.8

-4.10%

Sport Shoes (Adidas, Nike)

$93.6 CA$131

$100 CA$141

-6.90%

Men's Leather Business Shoes

$103 CA$145

$125 CA$176

-17.58%

1-bedroom Apartment, City Center (Monthly)

$1,769 CA$2,486

$1,630 CA$2,290

8.56%

1-bedroom Apartment, Outside City Center (Monthly)

$1,560 CA$2,192

$1,416 CA$1,989

10.22%

3-bedroom Apartment, City Center (Monthly)

$2,550 CA$3,583

$2,694 CA$3,785

-5.35%

3-bedroom Apartment, Outside City Center (Monthly)

$2,169 CA$3,048

$2,101 CA$2,952

3.26%

Buy Apartment in City Center (m2)

$6,499 CA$9,131

$7,551 CA$10.6K

-13.93%

Buy Apartment Outside City Center (m2)

$5,341 CA$7,505

$6,674 CA$9,377

-19.97%

Average Monthly Net Salary (After Tax)

$3,159 CA$4,438

$3,543 CA$4,978

-10.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.55

4.45

2.25%

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

Last update for Richmond Hill: October 26, 2026

Last update for Toronto: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Richmond Hill

$1.6K 56.4%

Toronto

$1.4K 54.7% 9.3% $145

Groceries & Markets

Richmond Hill

$344 12.4%

Toronto

$345 13.3% 0.2% $0.8

Eating Out

Richmond Hill

$274 9.9%

Toronto

$285 11% 3.8% $10

Monthly Utilities & Internet

Richmond Hill

$218 7.9%

Toronto

$206 7.9% 5.6% $12

Getting Around

Richmond Hill

$179 6.5%

Toronto

$131 5.1% 26.7% $48

Clothing & Footwear

Richmond Hill

$126 4.6%

Toronto

$144 5.6% 14.2% $18

Sport & Entertainment

Richmond Hill

$67 2.4%

Toronto

$63 2.4% 6.3% $4.2

Cost Breakdown

A central one-bedroom costs $1,769 in Richmond Hill versus $1,630 in Toronto. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 12% higher in Toronto, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $70 in Richmond Hill versus $78 in Toronto. Monthly groceries follow the same trend: $344 vs $345 – making Richmond Hill the more affordable choice for daily food spending.

Good to know

🇨🇦 Richmond Hill

🇨🇦 Toronto

🕒 Local time

10:04 10:04 AM

Same time as Richmond Hill

🌤 Weather

👥 Population

202,022

2,731,571

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.712 USD

1 CAD = 0.64 EUR

1 CAD = 0.712 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Richmond Hill Toronto 26 km

From you

Richmond Hill
Toronto

Distances are measured in a straight line. Your location is detected approximately.

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 Hill vs Toronto: Cost of Living - Frequently Asked Questions

Yes – Richmond Hill is pricier by about 7%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $4,153 per month in Richmond Hill and $3,883 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,769 in Richmond Hill and $1,630 in Toronto. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

A mid-range dinner for two costs $70 in Richmond Hill and $78 in Toronto. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 28% less in Toronto. For daily commuters, that gap adds up to noticeable savings over a year.

$2,500 is a stretch for both – monthly costs hit $2,769 in Richmond Hill and $2,589 in Toronto. You’ll need shared housing and careful budgeting no matter which city you pick.