Last update: Oct 2026

Cost of Living Comparison Between Toronto and Akola

For one person, living is cheaper in Akola: $356 a month against $2,561 in Toronto, rent and utilities included – about $26,500 less a year. Rent and utilities account for most of the difference.

Toronto
🇨🇦 Canada
$2,561
/mo nomad
Akola
🇮🇳 India
$356
/mo nomad
Monthly Cost of Living

How much you'll spend in Toronto and in Akola

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

A single person spends $2,561 per month in Toronto vs $356 in Akola, rent included.

  • Toronto $2,561
  • Akola $356

A couple spends around $3,694 per month in Toronto vs $558 in Akola, rent included.

  • Toronto $3,694
  • Akola $558

A family of three spends $4,826 per month in Toronto vs $760 in Akola, rent included.

  • Toronto $4,826
  • Akola $760

Toronto costs about 619% more than Akola, and outside of rent the biggest gap is in groceries.

Toronto sits 90% above the global median, while Akola is 74% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Toronto
Akola
Difference
Meal at Budget Restaurant
$17.18 CA$24.29
$0.87 ₹82.9
1874.71%
Three-Course Dinner for Two, Mid-Range
$76.0 CA$107
$6.26 ₹594
1113.58%
Fast Food Meal (McDonalds, etc)
$10.54 CA$14.89
$3.09 ₹293
241.10%
Cappuccino
$4.02 CA$5.68
$1.35 ₹128
197.78%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.12 CA$3.00
$0.36 ₹34.58
488.89%
Water (0.33 liter bottle)
$1.75 CA$2.48
$0.13 ₹12.61
1246.15%
Local Beer (0.5 liter draught)
$6.24 CA$8.83
$1.85 ₹175
237.30%
Imported Beer (0.33 liter bottle)
$7.09 CA$10.02
$2.68 ₹255
164.55%
🛒 Groceries & Markets
Toronto
Akola
Difference
Milk (1 liter)
$2.44 CA$3.45
$0.63 ₹60.3
287.30%
White Bread (500g)
$2.68 CA$3.78
$0.44 ₹41.84
509.09%
Rice (white) (1kg)
$2.24 CA$3.17
$0.50 ₹47.54
348.00%
Eggs
$3.56 CA$5.03
$0.72 ₹68.7
394.44%
Local Cheese (1kg)
$9.09 CA$12.85
$5.00 ₹475
81.80%
Chicken Fillets (1kg)
$11.33 CA$16.01
$2.08 ₹197
444.71%
Beef Round Steak (1kg)
$14.53 CA$20.55
-
-
Apples (1kg)
$3.62 CA$5.12
$1.79 ₹170
102.23%
Banana (1kg)
$1.21 CA$1.72
$0.59 ₹55.7
105.08%
Oranges (1kg)
$3.60 CA$5.09
$0.90 ₹85.2
300.00%
Tomato (1kg)
$4.21 CA$5.96
$0.45 ₹42.26
835.56%
Potato (1kg)
$1.79 CA$2.53
$0.32 ₹30.37
459.38%
Onion (1kg)
$1.59 CA$2.25
$0.30 ₹28.30
430.00%
Lettuce (1 head)
$2.27 CA$3.21
$0.54 ₹51.5
320.37%
Water (1.5 liter bottle)
$1.25 CA$1.77
$0.30 ₹28.60
316.67%
Cigarettes 20 Pack (Marlboro, Camel)
$13.82 CA$19.53
$2.14 ₹203
545.79%
Wine (Bottle)
$14.27 CA$20.18
$4.06 ₹385
251.48%
Local Beer (0.5 liter bottle)
$2.20 CA$3.10
$1.84 ₹175
19.57%
Imported Beer (0.33 liter bottle)
$2.43 CA$3.44
$3.23 ₹306
-24.77%
Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)
-
$2.12 ₹202
-
🚌 Getting Around
Toronto
Akola
Difference
One-way Ticket (Public Transport)
$2.39 CA$3.38
$0.25 ₹23.55
856.00%
Public Transport Monthly Pass (Regular Price)
$111 CA$157
$7.52 ₹714
1375.13%
Taxi Start (Normal Tariff)
$2.91 CA$4.12
$0.54 ₹51.0
438.89%
Taxi (Normal Tariff) (1km)
$1.20 CA$1.69
$0.30 ₹28.33
300.00%
Taxi 1hour Waiting (Normal Tariff)
$21.38 CA$30.23
$1.03 ₹97.7
1975.73%
Gasoline (1 liter)
$1.21 CA$1.71
$1.11 ₹105
9.01%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.2K CA$39.8K
$15.8K ₹1.5M
78.13%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.3K CA$28.6K
$17.5K ₹1.7M
15.93%
🧾 Monthly Utilities & Internet
Toronto
Akola
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$120 CA$170
$35.34 ₹3,355
240.55%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.26 CA$45.60
$3.90 ₹370
727.18%
Internet (50+ Mbps, Unlimited Data)
$47.93 CA$67.8
$8.37 ₹794
472.64%
🎉 Sport & Entertainment
Toronto
Akola
Difference
Gym Membership (Monthly)
$38.48 CA$54.4
$14.34 ₹1,362
168.34%
Tennis Court (1 Hour on Weekend)
$22.96 CA$32.46
$6.39 ₹607
259.31%
Cinema Ticket
$12.38 CA$17.50
$2.15 ₹204
475.81%
🧸 Childcare & Education
Toronto
Akola
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$830 CA$1,173
$39.22 ₹3,724
2016.14%
International Primary School, 1 Child (Yearly)
$23.1K CA$32.6K
$1,723 ₹163.6K
1239.99%
👕👟 Clothing & Footwear
Toronto
Akola
Difference
Jeans (Levis 501 Or Similar)
$50.7 CA$71.7
$23.48 ₹2,230
115.97%
Summer Dress (H&M, Zara, etc)
$40.02 CA$56.6
$37.98 ₹3,606
5.37%
Sport Shoes (Adidas, Nike)
$98.0 CA$139
$53.9 ₹5,114
81.90%
Men's Leather Business Shoes
$121 CA$171
$36.35 ₹3,452
231.91%
🏠 Accommodation & Living
Toronto
Akola
Difference
1-bedroom Apartment, City Center (Monthly)
$1,592 CA$2,251
$123 ₹11.6K
1199.45%
1-bedroom Apartment, Outside City Center (Monthly)
$1,410 CA$1,994
$71.8 ₹6,814
1865.37%
3-bedroom Apartment, City Center (Monthly)
$2,670 CA$3,775
$267 ₹25.4K
898.37%
3-bedroom Apartment, Outside City Center (Monthly)
$2,152 CA$3,042
$172 ₹16.4K
1147.87%
Buy Apartment in City Center (m2)
$7,945 CA$11.2K
$986 ₹93.7K
705.54%
Buy Apartment Outside City Center (m2)
$6,542 CA$9,249
$513 ₹48.7K
1174.59%
💵 Salaries & Financials
Toronto
Akola
Difference
Average Monthly Net Salary (After Tax)
$3,727 CA$5,269
$311 ₹29.6K
1097.22%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.47
9.7
-53.92%

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

Last update for Toronto: October 12, 2026

Last update for Akola: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Toronto
$1.4K
Akola
$72 94.9% $1.3K
Groceries & Markets
Toronto
$340
Akola
$90 73.4% $249
Eating Out
Toronto
$278
Akola
$49 82.4% $229
Monthly Utilities & Internet
Toronto
$201
Akola
$48 76.3% $153
Clothing & Footwear
Toronto
$139
Akola
$68 51% $71
Getting Around
Toronto
$129
Akola
$11 91.9% $119
Sport & Entertainment
Toronto
$63
Akola
$19 70.5% $45

Cost Breakdown

A central one-bedroom costs $1,592 in Toronto versus $123 in Akola. 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 1097% higher in Toronto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $76.0 in Toronto versus $6.00 in Akola. Monthly groceries follow the same trend: $340 vs $90.0 – making Akola the more affordable choice for daily food spending.

Good to know
🇨🇦 Toronto
🇮🇳 Akola
🕒 Local time
12:33 12:33 PM
22:03 10:03 PM
9 h 30 min ahead of Toronto
🌤 Weather
👥 Population
2,731,571
425,800
💱 Currency
Exchange rates and currency converter

INR, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Indian Rupee exchange rates as of October 17, 2026: 1 USD = 94.96 INR (100 INR = 1.05 USD). 1 EUR = 107 INR (1,000 INR = 9.37 EUR).

On the map
Between locations
  • Toronto Akola 12,460 km ≈ 16 h nonstop flight
From you
  • Toronto
  • Akola

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
Toronto vs Akola: Cost of Living - Frequently Asked Questions
Is Akola cheaper than Toronto?
Yes – Toronto is pricier by about 619%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $3,841 per month in Toronto and $534 in Akola. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Akola, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Toronto and in Akola?
Monthly expenses with rent come to $2,561 in Toronto and $356 in Akola. That's a gap of about 619%.
Which city has cheaper public transport?
Public transport costs about 1375% less in Akola. For daily commuters, that gap adds up to noticeable savings over a year.
Is $1,500 a realistic budget for living in Toronto or in Akola?
A $1,500 monthly budget goes further in Akola, where all-in costs run around $356, than in Toronto at $2,561. In Akola it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.
Is Toronto or Akola more family-friendly?
Families tend to lean toward Akola – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Akola. 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.

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