Last update: Oct 2026

Cost of Living Comparison Between Toronto and Alaverdi

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Cost of Living Index in Toronto
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Toronto Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Alaverdi

🇦🇲 Armenia

/mo nomad

Meal at Budget Restaurant

$17.67 CA$25.19

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

Cappuccino

$4.08 CA$5.81

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

$2.12 CA$3.02

Water (0.33 liter bottle)

$1.76 CA$2.51

Local Beer (0.5 liter draught)

$6.17 CA$8.80

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

Milk (1 liter)

$2.43 CA$3.46

White Bread (500g)

$2.75 CA$3.92

Rice (white) (1kg)

$2.23 CA$3.18

Eggs

$3.45 CA$4.91

Local Cheese (1kg)

$8.93 CA$12.73

Chicken Fillets (1kg)

$11.44 CA$16.31

Beef Round Steak (1kg)

$14.61 CA$20.83

Apples (1kg)

$3.75 CA$5.34

Banana (1kg)

$1.15 CA$1.64

Oranges (1kg)

$3.55 CA$5.06

Tomato (1kg)

$4.28 CA$6.10

Potato (1kg)

$1.85 CA$2.63

Onion (1kg)

$1.67 CA$2.38

Lettuce (1 head)

$2.22 CA$3.16

Water (1.5 liter bottle)

$1.21 CA$1.72

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

Wine (Bottle)

$14.25 CA$20.31

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

One-way Ticket (Public Transport)

$2.42 CA$3.44

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.13

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

Gasoline (1 liter)

$1.22 CA$1.74

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

$27.6K CA$39.4K

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

$19.8K CA$28.3K

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

$122 CA$174

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

$32.03 CA$45.66

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

Gym Membership (Monthly)

$38.90 CA$55.5

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

Cinema Ticket

$12.61 CA$17.97

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

$834 CA$1,189

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

Sport Shoes (Adidas, Nike)

$96.2 CA$137

Men's Leather Business Shoes

$123 CA$175

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$992 ֏358.7K

277.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

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

Last update for Toronto: October 4, 2026

Last update for Alaverdi: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Alaverdi

–

Groceries & Markets

Toronto

$340 13.1%

Alaverdi

–

Eating Out

Toronto

$282 10.9%

Alaverdi

–

Monthly Utilities & Internet

Toronto

$202 7.8%

Alaverdi

–

Clothing & Footwear

Toronto

$140 5.4%

Alaverdi

–

Getting Around

Toronto

$130 5%

Alaverdi

–

Sport & Entertainment

Toronto

$64 2.5%

Alaverdi

–

Cost Breakdown

Salaries run about 277% higher in Toronto. Purchasing power depends on which expenses matter most to you.

Good to know

🇨🇦 Toronto

🇦🇲 Alaverdi

🕒 Local time

02:23 2:23 AM

10:23 10:23 AM

8 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

12,238

💱 Currency

Canadian Dollar CAD $

Armenian Dram AMD ֏

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1,000 AMD = 2.77 USD

1,000 AMD = 2.47 EUR

Exchange rates and currency converter

AMD, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

Armenian Dram exchange rates as of October 10, 2026: 1 USD = 361 AMD (1,000 AMD = 2.77 USD). 1 EUR = 405 AMD (1,000 AMD = 2.47 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Alaverdi 9,060 km ≈ 12 h nonstop flight

From you

Toronto
Alaverdi

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 Alaverdi: Cost of Living - Frequently Asked Questions

Salaries run about 277% higher in Toronto, which partly offsets the higher living costs. But higher pay doesn't always mean more spending money – you need to weigh income and expenses together.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Alaverdi. 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.