Last update: Nov 2026

Cost of Living Comparison Between Toronto and Anaco

For one person, living is cheaper in Anaco: $433 a month against $2,599 in Toronto, rent and utilities included – about $26,000 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

$2,599

/mo nomad

Anaco

🇻🇪 Venezuela

$433

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Anaco

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

A single person spends $2,599 per month in Toronto vs $433 in Anaco, rent included.

Toronto $2,599
Anaco $433

A couple spends around $3,700 per month in Toronto vs $686 in Anaco, rent included.

Toronto $3,700
Anaco $686

A family of three spends $4,801 per month in Toronto vs $940 in Anaco, rent included.

Toronto $4,801
Anaco $940

Toronto costs about 500% more than Anaco, and outside of rent the biggest gap is in groceries.

Toronto sits 92% above the global median, while Anaco is 68% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.98 CA$25.20

$11.89 VES 10.6K

51.22%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.18

Cappuccino

$4.34 CA$6.09

$0.84 VES 747

416.67%

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

$2.16 CA$3.03

$1.19 VES 1,067

81.51%

Water (0.33 liter bottle)

$1.66 CA$2.32

$0.59 VES 526

181.36%

Local Beer (0.5 liter draught)

$6.35 CA$8.90

$0.91 VES 814

597.80%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.29

Milk (1 liter)

$2.57 CA$3.60

$1.73 VES 1,542

48.55%

White Bread (500g)

$2.71 CA$3.79

Rice (white) (1kg)

$2.28 CA$3.19

$1.12 VES 1,001

103.57%

Eggs

$3.60 CA$5.05

Local Cheese (1kg)

$8.94 CA$12.54

$3.53 VES 3,153

153.26%

Chicken Fillets (1kg)

$11.19 CA$15.69

Beef Round Steak (1kg)

$15.23 CA$21.34

$7.94 VES 7,084

91.81%

Apples (1kg)

$3.74 CA$5.25

Banana (1kg)

$1.23 CA$1.72

Oranges (1kg)

$3.58 CA$5.02

Tomato (1kg)

$4.25 CA$5.96

$1.54 VES 1,378

175.97%

Potato (1kg)

$1.94 CA$2.72

$1.58 VES 1,413

22.78%

Onion (1kg)

$1.67 CA$2.34

Lettuce (1 head)

$2.30 CA$3.22

Water (1.5 liter bottle)

$1.26 CA$1.77

$0.98 VES 873

28.57%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.90

Wine (Bottle)

$14.25 CA$19.97

Local Beer (0.5 liter bottle)

$2.28 CA$3.20

$1.30 VES 1,156

75.38%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.62

$1.61 VES 1,438

60.25%

One-way Ticket (Public Transport)

$2.35 CA$3.30

$0.31 VES 281

658.06%

Public Transport Monthly Pass (Regular Price)

$111 CA$156

Taxi Start (Normal Tariff)

$3.01 CA$4.22

$3.08 VES 2,751

-2.27%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.59

Gasoline (1 liter)

$1.23 CA$1.73

$0.48 VES 427

156.25%

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

$27.0K CA$37.8K

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

$21.8K CA$30.6K

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

$121 CA$169

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

$33.10 CA$46.40

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.8

$38.35 VES 34.2K

28.01%

Gym Membership (Monthly)

$36.65 CA$51.4

$25.34 VES 22.6K

44.63%

Tennis Court (1 Hour on Weekend)

$25.01 CA$35.06

$12.11 VES 10.8K

106.52%

Cinema Ticket

$12.78 CA$17.91

$5.98 VES 5,341

113.71%

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

$754 CA$1,058

$44.59 VES 39.8K

1591.95%

International Primary School, 1 Child (Yearly)

$33.7K CA$47.2K

Jeans (Levis 501 Or Similar)

$50.4 CA$70.6

$45.66 VES 40.8K

10.36%

Summer Dress (H&M, Zara, etc)

$41.43 CA$58.1

$37.61 VES 33.6K

10.16%

Sport Shoes (Adidas, Nike)

$101 CA$142

$45.61 VES 40.7K

121.95%

Men's Leather Business Shoes

$130 CA$183

$40.67 VES 36.3K

220.21%

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,228

$111 VES 99.5K

1326.67%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,996

$69.9 VES 62.4K

1939.01%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,702

$249 VES 222.4K

959.86%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,930

$179 VES 159.9K

1067.11%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

$240 VES 214.5K

3116.28%

Buy Apartment Outside City Center (m2)

$6,892 CA$9,661

$173 VES 154.6K

3879.80%

Average Monthly Net Salary (After Tax)

$3,623 CA$5,078

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

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

Last update for Toronto: November 2, 2026

Last update for Anaco: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Anaco

–

Groceries & Markets

Toronto

$345 13.3%

Anaco

–

Eating Out

Toronto

$290 11.2%

Anaco

–

Monthly Utilities & Internet

Toronto

$203 7.8%

Anaco

–

Clothing & Footwear

Toronto

$145 5.6%

Anaco

–

Getting Around

Toronto

$130 5%

Anaco

–

Sport & Entertainment

Toronto

$62 2.4%

Anaco

–

Cost Breakdown

A central one-bedroom costs $1,590 in Toronto versus $111 in Anaco. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Good to know

🇨🇦 Toronto

🇻🇪 Anaco

🕒 Local time

01:53 1:53 AM

02:53 2:53 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

149,380

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

10,000 VES = 11.2 USD

10,000 VES = 9.98 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

Venezuelan Bolívar exchange rates as of November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,002 VES (10,000 VES = 9.98 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Anaco 4,070 km ≈ 6 h nonstop flight

From you

Toronto
Anaco

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 Anaco: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 500%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,899 per month in Toronto and $650 in Anaco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Anaco, especially for central apartments: a one-bedroom in the center costs $111 there versus $1,590 in Toronto.

Groceries cost about 283% more in Toronto, though the gap depends on what you buy.

Kindergarten costs $754 per month in Toronto and $45 in Anaco. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Anaco, where all-in costs run around $433, than in Toronto at $2,599. In Anaco it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

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