Last update: Oct 2026

Cost of Living Comparison Between Santa Fe, NM and Toronto

For one person, living is cheaper in Toronto: $2,530 a month against $2,916 in Santa Fe, NM, rent and utilities included – about $4,600 less a year. Higher rent and utilities in Santa Fe, NM outweigh lower spending on other living expenses.

142

Cost of Living Index in Santa Fe, NM
Learn more

Santa Fe, NM Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Santa Fe, NM

🇺🇸 United States

$2,916

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

How much you'll spend in Santa Fe, NM 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 Santa Fe, NM and in Toronto actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,916 in Santa Fe, NM versus $2,530 in Toronto.

Santa Fe, NM $2,916
Toronto $2,530

Estimated couple costs with rent: $3,885 in Santa Fe, NM versus $3,646 in Toronto.

Santa Fe, NM $3,885
Toronto $3,646

Monthly costs for a family of three with rent: $4,854 in Santa Fe, NM versus $4,761 in Toronto.

Santa Fe, NM $4,854
Toronto $4,761

Living in Santa Fe, NM is roughly 15% more expensive than in Toronto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Santa Fe, NM 118% above, Toronto 89% above.

Meal at Budget Restaurant

$16.87 $16.87

$17.67 CA$25.19

-4.53%

Three-Course Dinner for Two, Mid-Range

$69.1 $69.1

$77.4 CA$110

-10.67%

Fast Food Meal (McDonalds, etc)

$10.05 $10.05

$10.47 CA$14.93

-4.01%

Cappuccino

$4.91 $4.91

$4.08 CA$5.82

20.34%

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

$2.94 $2.94

$2.12 CA$3.02

38.68%

Water (0.33 liter bottle)

$2.33 $2.33

$1.76 CA$2.51

32.39%

Local Beer (0.5 liter draught)

$5.91 $5.91

$6.17 CA$8.80

-4.21%

Imported Beer (0.33 liter bottle)

$6.91 $6.91

$6.89 CA$9.83

0.29%

Milk (1 liter)

$0.92 $0.92

$2.43 CA$3.47

-62.14%

White Bread (500g)

$3.25 $3.25

$2.75 CA$3.92

18.18%

Rice (white) (1kg)

$4.40 $4.40

$2.23 CA$3.18

97.31%

Eggs

$4.31 $4.31

$3.45 CA$4.91

24.93%

Local Cheese (1kg)

$11.88 $11.88

$8.93 CA$12.74

33.03%

Chicken Fillets (1kg)

$9.42 $9.42

$11.44 CA$16.31

-17.66%

Beef Round Steak (1kg)

$16.87 $16.87

$14.61 CA$20.83

15.47%

Apples (1kg)

$4.74 $4.74

$3.75 CA$5.34

26.40%

Banana (1kg)

$1.47 $1.47

$1.15 CA$1.64

27.83%

Oranges (1kg)

$3.95 $3.95

$3.55 CA$5.06

11.27%

Tomato (1kg)

$4.27 $4.27

$4.28 CA$6.11

-0.23%

Potato (1kg)

$3.10 $3.10

$1.85 CA$2.63

67.57%

Onion (1kg)

$2.05 $2.05

$1.67 CA$2.38

22.75%

Lettuce (1 head)

$1.95 $1.95

$2.22 CA$3.16

-12.16%

Water (1.5 liter bottle)

$2.56 $2.56

$1.21 CA$1.72

111.57%

Cigarettes 20 Pack (Marlboro, Camel)

$10.37 $10.37

$13.88 CA$19.79

-25.29%

Wine (Bottle)

$15.89 $15.89

$14.25 CA$20.32

11.51%

Local Beer (0.5 liter bottle)

$2.04 $2.04

$2.20 CA$3.13

-7.27%

Imported Beer (0.33 liter bottle)

$3.65 $3.65

$2.42 CA$3.45

50.83%

One-way Ticket (Public Transport)

$2.42 CA$3.45

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$3.54 $3.54

$2.90 CA$4.13

22.07%

Taxi (Normal Tariff) (1km)

$2.03 $2.03

$1.26 CA$1.80

61.11%

Taxi 1hour Waiting (Normal Tariff)

$32.54 $32.54

$22.03 CA$31.41

47.71%

Gasoline (1 liter)

$0.96 $0.96

$1.22 CA$1.74

-21.31%

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

$31.0K $31.0K

$27.6K CA$39.4K

12.13%

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

$24.8K $24.8K

$19.8K CA$28.3K

24.94%

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

$158 $158

$122 CA$174

29.55%

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

$44.76 $44.76

$32.03 CA$45.67

39.74%

Internet (50+ Mbps, Unlimited Data)

$73.8 $73.8

$47.92 CA$68.3

53.92%

Gym Membership (Monthly)

$87.9 $87.9

$38.90 CA$55.5

125.96%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.13

Cinema Ticket

$13.17 $13.17

$12.61 CA$17.98

4.44%

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

$1,326 $1,326

$834 CA$1,189

59.01%

International Primary School, 1 Child (Yearly)

$15.2K $15.2K

$23.3K CA$33.3K

-35.08%

Jeans (Levis 501 Or Similar)

$54.5 $54.5

$52.6 CA$75.0

3.69%

Summer Dress (H&M, Zara, etc)

$43.46 $43.46

$40.26 CA$57.4

7.95%

Sport Shoes (Adidas, Nike)

$78.9 $78.9

$96.2 CA$137

-18.01%

Men's Leather Business Shoes

$120 $120

$123 CA$175

-2.11%

1-bedroom Apartment, City Center (Monthly)

$2,307 $2,307

$1,598 CA$2,279

44.37%

1-bedroom Apartment, Outside City Center (Monthly)

$1,700 $1,700

$1,435 CA$2,046

18.48%

3-bedroom Apartment, City Center (Monthly)

$3,584 $3,584

$2,657 CA$3,788

34.90%

3-bedroom Apartment, Outside City Center (Monthly)

$2,241 $2,241

$2,096 CA$2,989

6.90%

Buy Apartment in City Center (m2)

$6,631 $6,631

$8,033 CA$11.5K

-17.45%

Buy Apartment Outside City Center (m2)

$4,202 $4,202

$6,557 CA$9,350

-35.92%

Average Monthly Net Salary (After Tax)

$3,757 $3,757

$3,743 CA$5,337

0.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.57

4.47

46.98%

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

Last update for Santa Fe, NM: October 4, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Santa Fe, NM

$1.7K 58.5%

Toronto

$1.4K 55.4% 15.6% $265

Groceries & Markets

Santa Fe, NM

$381 13.1%

Toronto

$340 13.1% 10.7% $41

Eating Out

Santa Fe, NM

$289 9.9%

Toronto

$282 10.9% 2.3% $6.6

Monthly Utilities & Internet

Santa Fe, NM

$276 9.5%

Toronto

$202 7.8% 27% $75

Clothing & Footwear

Santa Fe, NM

$134 4.6%

Toronto

$140 5.4% 5% $6.7

Sport & Entertainment

Santa Fe, NM

$114 3.9%

Toronto

$64 2.5% 43.9% $50

Getting Around

Santa Fe, NM

$14 * 0.5%

Toronto

$130 5% 845% $116

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $2,307 in Santa Fe, NM and $1,598 in Toronto. Housing cost is often the main lever when comparing two cities.

Santa Fe, NM pays 0% 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: $69.0 in Santa Fe, NM vs $77.0 in Toronto. Groceries flip the comparison at $381 vs $340, with Toronto cheaper for home cooking.

Good to know

🇺🇸 Santa Fe, NM

🇨🇦 Toronto

🕒 Local time

21:43 9:43 PM

23:43 11:43 PM

2 h ahead of Santa Fe, NM

🌤 Weather

👥 Population

87,505

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.892 EUR

1 CAD = 0.701 USD

1 CAD = 0.626 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 12, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Canadian Dollar exchange rates as of October 12, 2026: 1 USD = 1.43 CAD (1 CAD = 0.701 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

CAD to USD in detail →

On the map

Lowest

Highest

Between locations

Santa Fe, NM Toronto 2,430 km ≈ 3 h 30 min nonstop flight

From you

Santa Fe, NM
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

Santa Fe, NM vs Toronto: Cost of Living - Frequently Asked Questions

Toronto wins on cost – living expenses run 15% lower than in Santa Fe, NM. Housing and daily spending are where you'll feel the difference most, making Toronto the obvious pick if budget is a priority.

Average pay runs 0% higher in Santa Fe, NM, 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: $2,307 in Santa Fe, NM versus $1,598 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,326 in Santa Fe, NM versus $834 in Toronto. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Toronto – a meal for two runs $77.0 versus $69.0 in Santa Fe, NM. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $2,500. Toronto is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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 Toronto gentler on the wallet – expenses run 15% less than in Santa Fe, NM. Beyond cost, consider language, visa policies, and how big the international community is in each city.