Last update: Oct 2026

Cost of Living Comparison Between Toronto and Altos

For one person, living is cheaper in Altos: $252 a month against $2,530 in Toronto, rent and utilities included – about $27,300 less a year. Rent and utilities account for most of the difference.

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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

Altos

🇵🇾 Paraguay

$252

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Altos

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

Monthly costs for one person with rent: $2,530 in Toronto versus $252 in Altos.

Toronto $2,530
Altos $252

Estimated couple costs with rent: $3,646 in Toronto versus $375 in Altos.

Toronto $3,646
Altos $375

Monthly costs for a family of three with rent: $4,761 in Toronto versus $498 in Altos.

Toronto $4,761
Altos $498

Living in Toronto is roughly 903% more expensive than in Altos, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 89% above, Altos is 81% below.

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

$0.49 ₲2,760

395.92%

White Bread (500g)

$2.75 CA$3.92

$0.85 ₲4,814

223.53%

Rice (white) (1kg)

$2.23 CA$3.18

$0.99 ₲5,610

125.25%

Eggs

$3.45 CA$4.91

$1.89 ₲10.7K

82.54%

Local Cheese (1kg)

$8.93 CA$12.73

$6.08 ₲34.5K

46.87%

Chicken Fillets (1kg)

$11.44 CA$16.31

$3.53 ₲20.0K

224.08%

Beef Round Steak (1kg)

$14.61 CA$20.83

$5.42 ₲30.8K

169.56%

Apples (1kg)

$3.75 CA$5.34

$2.34 ₲13.3K

60.26%

Banana (1kg)

$1.15 CA$1.64

$1.27 ₲7,217

-9.45%

Oranges (1kg)

$3.55 CA$5.06

$1.36 ₲7,738

161.03%

Tomato (1kg)

$4.28 CA$6.10

$1.85 ₲10.5K

131.35%

Potato (1kg)

$1.85 CA$2.63

$1.17 ₲6,637

58.12%

Onion (1kg)

$1.67 CA$2.38

$1.34 ₲7,629

24.63%

Lettuce (1 head)

$2.22 CA$3.16

$1.21 ₲6,871

83.47%

Water (1.5 liter bottle)

$1.21 CA$1.72

$0.87 ₲4,924

39.08%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$0.96 ₲5,443

1345.83%

Wine (Bottle)

$14.25 CA$20.31

$7.89 ₲44.8K

80.61%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$0.69 ₲3,908

218.84%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$0.77 ₲4,370

214.29%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$0.38 ₲2,163

536.84%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$11.91 ₲67.6K

829.81%

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$1.68 ₲9,529

72.62%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$0.73 ₲4,140

72.60%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

Gasoline (1 liter)

$1.22 CA$1.74

$1.18 ₲6,684

3.39%

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

$27.6K CA$39.4K

$19.0K ₲108.1M

45.05%

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

$19.8K CA$28.3K

$23.2K ₲131.7M

-14.57%

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

$122 CA$174

$35.18 ₲199.7K

246.45%

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

$32.03 CA$45.66

$7.84 ₲44.5K

308.55%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$14.12 ₲80.1K

239.38%

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

$3.49 ₲19.8K

261.32%

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

$24.94 ₲141.6K

110.91%

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

$1,524 ₲8.6M

427.23%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$1,014 ₲5.8M

546.89%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$507 ₲2.9M

638.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

-55.30%

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

Last update for Toronto: October 4, 2026

Last update for Altos: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Altos

–

Groceries & Markets

Toronto

$340 13.1%

Altos

–

Eating Out

Toronto

$282 10.9%

Altos

–

Monthly Utilities & Internet

Toronto

$202 7.8%

Altos

–

Clothing & Footwear

Toronto

$140 5.4%

Altos

–

Getting Around

Toronto

$130 5%

Altos

–

Sport & Entertainment

Toronto

$64 2.5%

Altos

–

Cost Breakdown

Toronto pays 639% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Good to know

🇨🇦 Toronto

🇵🇾 Altos

🕒 Local time

05:04 5:04 AM

06:04 6:04 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

4,763

💱 Currency

Canadian Dollar CAD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

Exchange rates and currency converter

PYG, 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).

Paraguayan Guarani exchange rates as of October 10, 2026: 1 USD = 5,676 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,366 PYG (10,000 PYG = 1.57 EUR).

USD to CAD in detail →

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Between locations

Toronto Altos 7,990 km ≈ 10 h nonstop flight

From you

Toronto
Altos

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 Altos: Cost of Living - Frequently Asked Questions

Altos is cheaper overall, especially in groceries, eating out, and clothing. The 903% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 639% higher in Toronto, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Supermarket bills run roughly 122% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

A monthly transit pass in Altos runs roughly 830% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $252 in Altos versus $2,530 in Toronto, a $1,500 budget is realistic in Altos but tight or insufficient in Toronto. The gap between the two cities makes Altos the clear choice for anyone on this budget.

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 Altos gentler on the wallet – expenses run 903% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.