Last update: Oct 2026

Cost of Living Comparison Between Soledad and Toronto

For one person, living is cheaper in Soledad: $1,307 a month against $2,561 in Toronto, rent and utilities included – about $15,000 less a year. Rent and utilities account for most of the difference.

62

Cost of Living Index in Soledad
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Soledad Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Soledad

🇨🇴 Colombia

$1,307

/mo nomad

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Monthly Cost of Living

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

A single person spends $1,307 per month in Soledad vs $2,561 in Toronto, rent included.

Soledad $1,307
Toronto $2,561

A couple spends around $2,057 per month in Soledad vs $3,694 in Toronto, rent included.

Soledad $2,057
Toronto $3,694

A family of three spends $2,806 per month in Soledad vs $4,826 in Toronto, rent included.

Soledad $2,806
Toronto $4,826

Soledad is about 49% cheaper than Toronto, and outside of rent the biggest gap is in eating out.

Soledad sits 3% below the global median, while Toronto is 90% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$5.83 COP 18.6K

$17.18 CA$24.42

-66.07%

Three-Course Dinner for Two, Mid-Range

$42.55 COP 135.3K

$76.0 CA$108

-43.99%

Fast Food Meal (McDonalds, etc)

$10.03 COP 31.9K

$10.54 CA$14.97

-4.84%

Cappuccino

$2.56 COP 8,136

$4.02 CA$5.71

-36.32%

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

$2.55 COP 8,119

$2.12 CA$3.01

20.28%

Water (0.33 liter bottle)

$2.25 COP 7,155

$1.75 CA$2.49

28.57%

Local Beer (0.5 liter draught)

$3.33 COP 10.6K

$6.24 CA$8.87

-46.63%

Imported Beer (0.33 liter bottle)

$5.15 COP 16.4K

$7.09 CA$10.07

-27.36%

Milk (1 liter)

$1.94 COP 6,155

$2.44 CA$3.47

-20.49%

White Bread (500g)

$2.77 COP 8,795

$2.68 CA$3.80

3.36%

Rice (white) (1kg)

$1.43 COP 4,543

$2.24 CA$3.18

-36.16%

Eggs

$4.98 COP 15.8K

$3.56 CA$5.06

39.89%

Local Cheese (1kg)

$7.85 COP 25.0K

$9.09 CA$12.92

-13.64%

Chicken Fillets (1kg)

$9.74 COP 31.0K

$11.33 CA$16.10

-14.03%

Beef Round Steak (1kg)

$13.34 COP 42.4K

$14.53 CA$20.66

-8.19%

Apples (1kg)

$3.46 COP 11.0K

$3.62 CA$5.15

-4.42%

Banana (1kg)

$1.65 COP 5,235

$1.21 CA$1.72

36.36%

Oranges (1kg)

$2.00 COP 6,361

$3.60 CA$5.12

-44.44%

Tomato (1kg)

$1.68 COP 5,341

$4.21 CA$5.99

-60.10%

Potato (1kg)

$1.25 COP 3,960

$1.79 CA$2.54

-30.17%

Onion (1kg)

$1.36 COP 4,330

$1.59 CA$2.26

-14.47%

Lettuce (1 head)

$1.08 COP 3,442

$2.27 CA$3.23

-52.42%

Water (1.5 liter bottle)

$1.19 COP 3,799

$1.25 CA$1.78

-4.80%

Cigarettes 20 Pack (Marlboro, Camel)

$3.55 COP 11.3K

$13.82 CA$19.64

-74.31%

Wine (Bottle)

$14.35 COP 45.6K

$14.27 CA$20.29

0.56%

Local Beer (0.5 liter bottle)

$1.41 COP 4,477

$2.20 CA$3.12

-35.91%

Imported Beer (0.33 liter bottle)

$2.20 COP 7,011

$2.43 CA$3.46

-9.47%

One-way Ticket (Public Transport)

$1.26 COP 4,008

$2.39 CA$3.40

-47.28%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$1.58 COP 5,017

$2.91 CA$4.14

-45.70%

Taxi (Normal Tariff) (1km)

$3.65 COP 11.6K

$1.20 CA$1.70

204.17%

Taxi 1hour Waiting (Normal Tariff)

$9.19 COP 29.2K

$21.38 CA$30.39

-57.02%

Gasoline (1 liter)

$1.33 COP 4,240

$1.21 CA$1.72

9.92%

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

$23.1K COP 73.5M

$28.2K CA$40.0K

-17.98%

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

$34.0K COP 108.0M

$20.3K CA$28.8K

67.71%

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

$79.3 COP 252.3K

$120 CA$171

-34.09%

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

$11.95 COP 38.0K

$32.26 CA$45.84

-62.96%

Internet (50+ Mbps, Unlimited Data)

$25.61 COP 81.5K

$47.93 CA$68.1

-46.57%

Gym Membership (Monthly)

$32.77 COP 104.2K

$38.48 CA$54.7

-14.84%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.63

Cinema Ticket

$8.05 COP 25.6K

$12.38 CA$17.59

-34.98%

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

$627 COP 2.0M

$830 CA$1,180

-24.46%

International Primary School, 1 Child (Yearly)

$5,760 COP 18.3M

$23.1K CA$32.8K

-75.05%

Jeans (Levis 501 Or Similar)

$92.9 COP 295.3K

$50.7 CA$72.1

83.12%

Summer Dress (H&M, Zara, etc)

$48.49 COP 154.2K

$40.02 CA$56.9

21.16%

Sport Shoes (Adidas, Nike)

$116 COP 370.5K

$98.0 CA$139

18.89%

Men's Leather Business Shoes

$109 COP 347.8K

$121 CA$171

-9.37%

1-bedroom Apartment, City Center (Monthly)

$629 COP 2.0M

$1,592 CA$2,263

-60.48%

1-bedroom Apartment, Outside City Center (Monthly)

$504 COP 1.6M

$1,410 CA$2,005

-64.28%

3-bedroom Apartment, City Center (Monthly)

$876 COP 2.8M

$2,670 CA$3,795

-67.20%

3-bedroom Apartment, Outside City Center (Monthly)

$973 COP 3.1M

$2,152 CA$3,058

-54.76%

Buy Apartment in City Center (m2)

$1,768 COP 5.6M

$7,945 CA$11.3K

-77.75%

Buy Apartment Outside City Center (m2)

$1,584 COP 5.0M

$6,542 CA$9,298

-75.79%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,297

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

235.57%

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

Last update for Soledad: October 13, 2026

Last update for Toronto: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Soledad

$504 38.6%

Toronto

$1.4K 55.1% 180% $907

Groceries & Markets

Soledad

$294 22.5%

Toronto

$340 13.3% 15.7% $46

Clothing & Footwear

Soledad

$165 12.6%

Toronto

$139 5.4% 15.7% $26

Eating Out

Soledad

$154 11.8%

Toronto

$278 10.9% 81.1% $125

Monthly Utilities & Internet

Soledad

$117 8.9%

Toronto

$201 7.8% 71.6% $84

Sport & Entertainment

Soledad

$49 3.7%

Toronto

$63 2.5% 29.4% $14

Getting Around

Soledad

$25 * 1.9%

Toronto

$129 5.1% 421% $105

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

Cost Breakdown

A central one-bedroom costs $629 in Soledad versus $1,592 in Toronto. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $43.00 in Soledad versus $76.0 in Toronto. Monthly groceries follow the same trend: $294 vs $340 – making Soledad the more affordable choice for daily food spending.

Good to know

🇨🇴 Soledad

🇨🇦 Toronto

🕒 Local time

00:48 12:48 AM

01:48 1:48 AM

1 h ahead of Soledad

🌤 Weather

👥 Population

582,156

2,731,571

💱 Currency

Colombian Peso COP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.81 EUR

1 CAD = 0.704 USD

1 CAD = 0.628 EUR

Exchange rates and currency converter

CAD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 15, 2026: 1 USD = 3,181 COP (10,000 COP = 3.14 USD). 1 EUR = 3,561 COP (10,000 COP = 2.81 EUR).

Canadian Dollar exchange rates as of October 15, 2026: 1 USD = 1.42 CAD (1 CAD = 0.704 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

USD to COP in detail →

On the map

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Between locations

Soledad Toronto 3,670 km ≈ 5 h nonstop flight

From you

Soledad
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

Soledad vs Toronto: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 96%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,960 per month in Soledad and $3,841 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Soledad, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $43.00 in Soledad and $76.0 in Toronto. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 16% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Soledad, where all-in costs run around $1,307, than in Toronto at $2,561. In Soledad it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Soledad – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Soledad. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.