Last update: Oct 2026

Cost of Living Comparison Between Toronto and Banepa

For one person, living is cheaper in Banepa: $322 a month against $2,561 in Toronto, rent and utilities included – about $26,900 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
16

Cost of Living Index in Banepa
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Banepa Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Banepa

🇳🇵 Nepal

$322

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Banepa

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

Monthly costs for one person with rent: $2,561 in Toronto versus $322 in Banepa.

Toronto $2,561
Banepa $322

Estimated couple costs with rent: $3,694 in Toronto versus $525 in Banepa.

Toronto $3,694
Banepa $525

Monthly costs for a family of three with rent: $4,826 in Toronto versus $729 in Banepa.

Toronto $4,826
Banepa $729

Living in Toronto is roughly 696% more expensive than in Banepa, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Toronto is 90% above, Banepa is 76% below.

Meal at Budget Restaurant

$17.18 CA$24.29

$1.92 NPR 292

794.79%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$19.86 NPR 3,018

282.53%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$6.41 NPR 974

64.43%

Cappuccino

$4.02 CA$5.68

$1.33 NPR 202

202.26%

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

$2.12 CA$3.00

$0.49 NPR 75.2

332.65%

Water (0.33 liter bottle)

$1.75 CA$2.48

$0.14 NPR 21.23

1150.00%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$2.74 NPR 417

127.74%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$3.21 NPR 488

120.87%

Milk (1 liter)

$2.44 CA$3.45

$0.44 NPR 67.3

454.55%

White Bread (500g)

$2.68 CA$3.78

$0.59 NPR 89.4

354.24%

Rice (white) (1kg)

$2.24 CA$3.17

$0.28 NPR 41.94

700.00%

Eggs

$3.56 CA$5.03

$1.44 NPR 219

147.22%

Local Cheese (1kg)

$9.09 CA$12.85

$2.99 NPR 454

204.01%

Chicken Fillets (1kg)

$11.33 CA$16.01

$3.09 NPR 470

266.67%

Beef Round Steak (1kg)

$14.53 CA$20.55

$1.61 NPR 245

802.48%

Apples (1kg)

$3.62 CA$5.12

$2.07 NPR 314

74.88%

Banana (1kg)

$1.21 CA$1.72

$1.20 NPR 183

0.83%

Oranges (1kg)

$3.60 CA$5.09

$0.40 NPR 60.8

800.00%

Tomato (1kg)

$4.21 CA$5.96

$0.32 NPR 48.35

1215.63%

Potato (1kg)

$1.79 CA$2.53

$0.25 NPR 37.96

616.00%

Onion (1kg)

$1.59 CA$2.25

$0.32 NPR 48.43

396.88%

Lettuce (1 head)

$2.27 CA$3.21

$0.46 NPR 69.7

393.48%

Water (1.5 liter bottle)

$1.25 CA$1.77

$0.22 NPR 33.39

468.18%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$1.91 NPR 290

623.56%

Wine (Bottle)

$14.27 CA$20.18

$7.61 NPR 1,157

87.52%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$0.99 NPR 151

122.22%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$1.49 NPR 226

63.09%

One-way Ticket (Public Transport)

$2.39 CA$3.38

Public Transport Monthly Pass (Regular Price)

$111 CA$157

$29.23 NPR 4,441

279.51%

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$1.81 NPR 275

60.77%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$1.18 NPR 180

1.69%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$3.29 NPR 500

549.85%

Gasoline (1 liter)

$1.21 CA$1.71

$1.33 NPR 203

-9.02%

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

$28.2K CA$39.8K

$29.0K NPR 4.4M

-2.74%

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

$20.3K CA$28.6K

$35.8K NPR 5.4M

-43.38%

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

$120 CA$170

$32.09 NPR 4,876

275.04%

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

$32.26 CA$45.60

$3.47 NPR 527

829.68%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$8.87 NPR 1,348

440.36%

Gym Membership (Monthly)

$38.48 CA$54.4

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$12.38 CA$17.50

$3.02 NPR 459

309.93%

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

$830 CA$1,173

$66.6 NPR 10.1K

1147.11%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$5,464 NPR 830.2K

322.60%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$25.37 NPR 3,854

99.88%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$26.89 NPR 4,085

48.83%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$62.6 NPR 9,517

56.43%

Men's Leather Business Shoes

$121 CA$171

$28.87 NPR 4,386

317.91%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

9.72

-54.01%

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

Last update for Toronto: October 12, 2026

Last update for Banepa: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Banepa

- * 0% 100%

Groceries & Markets

Toronto

$340 13.3%

Banepa

$96 29.9% 71.7% $244

Eating Out

Toronto

$278 10.9%

Banepa

$73 22.8% 73.7% $205

Monthly Utilities & Internet

Toronto

$201 7.8%

Banepa

$44 13.8% 77.8% $156

Clothing & Footwear

Toronto

$139 5.4%

Banepa

$65 20.1% 53.5% $75

Getting Around

Toronto

$129 5.1%

Banepa

$37 * 11.5% 71.4% $92

Sport & Entertainment

Toronto

$63 2.5%

Banepa

$6 * 1.9% 90.4% $57

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

Cost Breakdown

Dining out: $76.0 in Toronto vs $20.00 in Banepa for a mid-range dinner for two. Groceries echo the gap at $340 vs $96.0 per month, with Banepa cheaper across the board.

Good to know

🇨🇦 Toronto

🇳🇵 Banepa

🕒 Local time

22:54 10:54 PM

08:39 8:39 AM

9 h 45 min ahead of Toronto

🌤 Weather

👥 Population

2,731,571

67,629

💱 Currency

Canadian Dollar CAD $

Nepalese Rupee NPR रु

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1,000 NPR = 6.58 USD

1,000 NPR = 5.85 EUR

Exchange rates and currency converter

NPR, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Nepalese Rupee exchange rates as of October 18, 2026: 1 USD = 152 NPR (1,000 NPR = 6.58 USD). 1 EUR = 171 NPR (1,000 NPR = 5.85 EUR).

USD to CAD in detail →

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Between locations

Toronto Banepa 11,940 km ≈ 15 h nonstop flight

From you

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Banepa

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 Banepa: Cost of Living - Frequently Asked Questions

Banepa is cheaper overall, especially in groceries, eating out, and clothing. The 696% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $3,841 in Toronto and $482 in Banepa to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Supermarket bills run roughly 253% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Banepa – a meal for two runs $20.00 versus $76.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $322 in Banepa versus $2,561 in Toronto, a $1,500 budget is realistic in Banepa but tight or insufficient in Toronto. The gap between the two cities makes Banepa 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.

Safety-wise, Toronto and Banepa are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Banepa gentler on the wallet – expenses run 696% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.