Last update: Oct 2026

Cost of Living Comparison Between Taos, NM and Toronto

For one person, living is cheaper in Toronto: $2,561 a month against $2,793 in Taos, NM, rent and utilities included – about $2,800 less a year. Higher rent and utilities in Taos, NM outweigh lower spending on other living expenses.

135

Cost of Living Index in Taos, NM
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Taos, NM Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Taos, NM

🇺🇸 United States

$2,793

/mo nomad

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,793 in Taos, NM versus $2,561 in Toronto.

Taos, NM $2,793
Toronto $2,561

Estimated couple costs with rent: $4,132 in Taos, NM versus $3,694 in Toronto.

Taos, NM $4,132
Toronto $3,694

Monthly costs for a family of three with rent: $5,471 in Taos, NM versus $4,826 in Toronto.

Taos, NM $5,471
Toronto $4,826

Living in Taos, NM is roughly 9% more expensive than in Toronto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Taos, NM 107% above, Toronto 90% above.

Meal at Budget Restaurant

$16.74 $16.74

$17.18 CA$24.29

-2.56%

Three-Course Dinner for Two, Mid-Range

$67.1 $67.1

$76.0 CA$107

-11.72%

Fast Food Meal (McDonalds, etc)

$9.52 $9.52

$10.54 CA$14.89

-9.68%

Cappuccino

$3.98 $3.98

$4.02 CA$5.68

-1.00%

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

$2.20 $2.20

$2.12 CA$3.00

3.77%

Water (0.33 liter bottle)

$2.20 $2.20

$1.75 CA$2.48

25.71%

Local Beer (0.5 liter draught)

$5.06 $5.06

$6.24 CA$8.83

-18.91%

Imported Beer (0.33 liter bottle)

$5.44 $5.44

$7.09 CA$10.02

-23.27%

Milk (1 liter)

$0.83 $0.83

$2.44 CA$3.45

-65.98%

White Bread (500g)

$3.08 $3.08

$2.68 CA$3.78

14.93%

Rice (white) (1kg)

$4.34 $4.34

$2.24 CA$3.17

93.75%

Eggs

$3.99 $3.99

$3.56 CA$5.03

12.08%

Local Cheese (1kg)

$11.87 $11.87

$9.09 CA$12.85

30.58%

Chicken Fillets (1kg)

$9.69 $9.69

$11.33 CA$16.01

-14.47%

Beef Round Steak (1kg)

$11.10 $11.10

$14.53 CA$20.55

-23.61%

Apples (1kg)

$4.75 $4.75

$3.62 CA$5.12

31.22%

Banana (1kg)

$1.46 $1.46

$1.21 CA$1.72

20.66%

Oranges (1kg)

$4.25 $4.25

$3.60 CA$5.09

18.06%

Tomato (1kg)

$5.07 $5.07

$4.21 CA$5.96

20.43%

Potato (1kg)

$3.10 $3.10

$1.79 CA$2.53

73.18%

Onion (1kg)

$3.27 $3.27

$1.59 CA$2.25

105.66%

Lettuce (1 head)

$2.06 $2.06

$2.27 CA$3.21

-9.25%

Water (1.5 liter bottle)

$2.49 $2.49

$1.25 CA$1.77

99.20%

Cigarettes 20 Pack (Marlboro, Camel)

$10.52 $10.52

$13.82 CA$19.53

-23.88%

Wine (Bottle)

$13.72 $13.72

$14.27 CA$20.18

-3.85%

Local Beer (0.5 liter bottle)

$2.51 $2.51

$2.20 CA$3.10

14.09%

Imported Beer (0.33 liter bottle)

$3.18 $3.18

$2.43 CA$3.44

30.86%

One-way Ticket (Public Transport)

$2.39 CA$3.38

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$3.69 $3.69

$2.91 CA$4.12

26.80%

Taxi (Normal Tariff) (1km)

$2.04 $2.04

$1.20 CA$1.69

70.00%

Taxi 1hour Waiting (Normal Tariff)

$32.20 $32.20

$21.38 CA$30.23

50.61%

Gasoline (1 liter)

$0.95 $0.95

$1.21 CA$1.71

-21.49%

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

$30.6K $30.6K

$28.2K CA$39.8K

8.49%

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

$24.4K $24.4K

$20.3K CA$28.6K

20.53%

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

$161 $161

$120 CA$170

33.39%

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

$62.8 $62.8

$32.26 CA$45.60

94.64%

Internet (50+ Mbps, Unlimited Data)

$61.6 $61.6

$47.93 CA$67.8

28.60%

Gym Membership (Monthly)

$95.3 $95.3

$38.48 CA$54.4

147.66%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$8.63 $8.63

$12.38 CA$17.50

-30.29%

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

$1,509 $1,509

$830 CA$1,173

81.81%

International Primary School, 1 Child (Yearly)

$25.2K $25.2K

$23.1K CA$32.6K

9.02%

Jeans (Levis 501 Or Similar)

$54.6 $54.6

$50.7 CA$71.7

7.67%

Summer Dress (H&M, Zara, etc)

$43.88 $43.88

$40.02 CA$56.6

9.65%

Sport Shoes (Adidas, Nike)

$104 $104

$98.0 CA$139

5.75%

Men's Leather Business Shoes

$120 $120

$121 CA$171

-0.66%

1-bedroom Apartment, City Center (Monthly)

$1,806 $1,806

$1,592 CA$2,251

13.43%

1-bedroom Apartment, Outside City Center (Monthly)

$1,608 $1,608

$1,410 CA$1,994

14.00%

3-bedroom Apartment, City Center (Monthly)

$3,497 $3,497

$2,670 CA$3,775

30.96%

3-bedroom Apartment, Outside City Center (Monthly)

$2,853 $2,853

$2,152 CA$3,042

32.62%

Buy Apartment in City Center (m2)

$4,366 $4,366

$7,945 CA$11.2K

-45.05%

Buy Apartment Outside City Center (m2)

$4,376 $4,376

$6,542 CA$9,249

-33.11%

Average Monthly Net Salary (After Tax)

$2,687 $2,687

$3,727 CA$5,269

-27.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.3

4.47

40.94%

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

Last update for Taos, NM: 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

Taos, NM

$1.6K 57.6%

Toronto

$1.4K 55.1% 12.3% $197

Groceries & Markets

Taos, NM

$365 13.1%

Toronto

$340 13.3% 6.9% $25

Monthly Utilities & Internet

Taos, NM

$285 10.2%

Toronto

$201 7.8% 29.6% $84

Eating Out

Taos, NM

$264 9.5%

Toronto

$278 10.9% 5.3% $14

Clothing & Footwear

Taos, NM

$145 5.2%

Toronto

$139 5.4% 3.9% $5.7

Sport & Entertainment

Taos, NM

$113 4%

Toronto

$63 2.5% 43.8% $49

Getting Around

Taos, NM

$14 * 0.5%

Toronto

$129 5.1% 830% $115

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 $1,806 in Taos, NM and $1,592 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 39% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $67.0 in Taos, NM vs $76.0 in Toronto. Groceries flip the comparison at $365 vs $340, with Toronto cheaper for home cooking.

Good to know

🇺🇸 Taos, NM

🇨🇦 Toronto

🕒 Local time

09:05 9:05 AM

11:05 11:05 AM

2 h ahead of Taos, NM

🌤 Weather

👥 Population

6,000

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.89 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 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 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

CAD to USD in detail →

On the map

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Between locations

Taos, NM Toronto 2,360 km ≈ 3 h 30 min nonstop flight

From you

Taos, 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

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

Toronto wins on cost – living expenses run 9% lower than in Taos, NM. Housing and daily spending are where you'll feel the difference most, making Toronto the obvious pick if budget is a priority.

On paper, salaries run 39% lower in Toronto. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,806 in Taos, NM versus $1,592 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 7% higher in Taos, NM. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,793 per month in Taos, NM versus $2,561 in Toronto – a 9% gap that adds up to real savings over time for anyone picking the cheaper option.

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 9% less than in Taos, NM. Beyond cost, consider language, visa policies, and how big the international community is in each city.