Last update: Oct 2026

Cost of Living Comparison Between Toronto and Albuquerque, NM

For one person, living is cheaper in Albuquerque, NM: $2,381 a month against $2,530 in Toronto, rent and utilities included – about $1,800 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
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Toronto Living Index
114

Cost of Living Index in Albuquerque, NM
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Albuquerque, NM Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Albuquerque, NM

🇺🇸 United States

$2,381

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Albuquerque, NM

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 Albuquerque, NM actually costs, broken down by who's living it.

A single person spends $2,530 per month in Toronto vs $2,381 in Albuquerque, NM, rent included.

Toronto $2,530
Albuquerque, NM $2,381

A couple spends around $3,646 per month in Toronto vs $3,551 in Albuquerque, NM, rent included.

Toronto $3,646
Albuquerque, NM $3,551

A family of three spends $4,761 per month in Toronto vs $4,721 in Albuquerque, NM, rent included.

Toronto $4,761
Albuquerque, NM $4,721

Toronto costs about 6% more than Albuquerque, NM, and outside of rent the biggest gap is in transport.

Both Toronto and Albuquerque, NM sit above the global median – Toronto by 89%, Albuquerque, NM by 78%.

Meal at Budget Restaurant

$17.67 CA$25.19

$16.88 $16.88

4.68%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$69.0 $69.0

12.14%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$10.12 $10.12

3.46%

Cappuccino

$4.08 CA$5.81

$4.94 $4.94

-17.41%

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

$2.12 CA$3.02

$2.85 $2.85

-25.61%

Water (0.33 liter bottle)

$1.76 CA$2.51

$2.47 $2.47

-28.74%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$5.91 $5.91

4.40%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$8.15 $8.15

-15.46%

Milk (1 liter)

$2.43 CA$3.46

$0.92 $0.92

164.13%

White Bread (500g)

$2.75 CA$3.92

$3.19 $3.19

-13.79%

Rice (white) (1kg)

$2.23 CA$3.18

$4.57 $4.57

-51.20%

Eggs

$3.45 CA$4.91

$4.72 $4.72

-26.91%

Local Cheese (1kg)

$8.93 CA$12.73

$11.76 $11.76

-24.06%

Chicken Fillets (1kg)

$11.44 CA$16.31

$9.61 $9.61

19.04%

Beef Round Steak (1kg)

$14.61 CA$20.83

$20.63 $20.63

-29.18%

Apples (1kg)

$3.75 CA$5.34

$4.66 $4.66

-19.53%

Banana (1kg)

$1.15 CA$1.64

$1.49 $1.49

-22.82%

Oranges (1kg)

$3.55 CA$5.06

$4.26 $4.26

-16.67%

Tomato (1kg)

$4.28 CA$6.10

$5.31 $5.31

-19.40%

Potato (1kg)

$1.85 CA$2.63

$3.13 $3.13

-40.89%

Onion (1kg)

$1.67 CA$2.38

$3.21 $3.21

-47.98%

Lettuce (1 head)

$2.22 CA$3.16

$2.06 $2.06

7.77%

Water (1.5 liter bottle)

$1.21 CA$1.72

$2.81 $2.81

-56.94%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$10.44 $10.44

32.95%

Wine (Bottle)

$14.25 CA$20.31

$13.81 $13.81

3.19%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$2.42 $2.42

-9.09%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$3.71 $3.71

-34.77%

One-way Ticket (Public Transport)

$2.42 CA$3.44

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$3.98 $3.98

2682.41%

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$3.58 $3.58

-18.99%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$2.05 $2.05

-38.54%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$31.88 $31.88

-30.90%

Gasoline (1 liter)

$1.22 CA$1.74

$0.97 $0.97

25.77%

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

$27.6K CA$39.4K

$31.2K $31.2K

-11.55%

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

$19.8K CA$28.3K

$24.3K $24.3K

-18.30%

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

$122 CA$174

$158 $158

-22.87%

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

$32.03 CA$45.66

$63.6 $63.6

-49.65%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$71.9 $71.9

-33.32%

Gym Membership (Monthly)

$38.90 CA$55.5

$48.45 $48.45

-19.71%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

$14.35 $14.35

61.95%

Cinema Ticket

$12.61 CA$17.97

$12.88 $12.88

-2.10%

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

$834 CA$1,189

$1,484 $1,484

-43.82%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$24.8K $24.8K

-6.03%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$55.3 $55.3

-4.85%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$42.89 $42.89

-6.13%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$106 $106

-9.29%

Men's Leather Business Shoes

$123 CA$175

$118 $118

4.02%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$1,181 $1,181

35.30%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$1,119 $1,119

28.22%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$2,339 $2,339

13.60%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$1,963 $1,963

6.79%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$2,496 $2,496

221.86%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$2,214 $2,214

196.22%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$3,942 $3,942

-5.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.57

-31.96%

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

Last update for Toronto: October 4, 2026

Last update for Albuquerque, NM: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Albuquerque, NM

$1.1K 47.7% 22% $316

Groceries & Markets

Toronto

$340 13.1%

Albuquerque, NM

$404 17.2% 18.9% $64

Eating Out

Toronto

$282 10.9%

Albuquerque, NM

$292 12.4% 3.5% $10

Monthly Utilities & Internet

Toronto

$202 7.8%

Albuquerque, NM

$294 12.5% 45.4% $92

Clothing & Footwear

Toronto

$140 5.4%

Albuquerque, NM

$145 6.2% 3.3% $4.7

Getting Around

Toronto

$130 5%

Albuquerque, NM

$18 * 0.8% 86.3% $112

Sport & Entertainment

Toronto

$64 2.5%

Albuquerque, NM

$74 3.2% 15.7% $10

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

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $1,181 in Albuquerque, NM. 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 5% higher in Albuquerque, NM, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $77.0 in Toronto versus $69.0 in Albuquerque, NM. Groceries tell a different story – $340 in Toronto vs $404 in Albuquerque, NM – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇺🇸 Albuquerque, NM

🕒 Local time

23:48 11:48 PM

21:48 9:48 PM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

564,559

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 USD = 0.892 EUR

Exchange rates and currency converter

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).

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to CAD in detail →

On the map

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Highest

Between locations

Toronto Albuquerque, NM 2,520 km ≈ 3 h 45 min nonstop flight

From you

Toronto
Albuquerque, NM

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 Albuquerque, NM: Cost of Living - Frequently Asked Questions

Toronto costs about 6% more than Albuquerque, NM, and outside of rent the gap comes mainly from transport. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,795 per month in Toronto and $3,571 in Albuquerque, NM. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $2,530 in Toronto and $2,381 in Albuquerque, NM. That's a gap of about 6%.

Public transport costs about 2682% less in Albuquerque, NM. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Albuquerque, NM, where all-in costs run around $2,381, than in Toronto at $2,530. In Albuquerque, NM it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Albuquerque, NM – 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 Albuquerque, NM. 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.