Last update: Oct 2026

Cost of Living Comparison Between Toronto and Banning, CA

For one person, living is cheaper in Toronto: $2,530 a month against $2,932 in Banning, CA, rent and utilities included – about $4,800 less a year. Higher rent and utilities in Banning, CA outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
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Toronto Living Index
145

Cost of Living Index in Banning, CA
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Banning, CA Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Banning, CA

🇺🇸 United States

$2,932

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Banning, CA

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

A single person spends $2,530 per month in Toronto vs $2,932 in Banning, CA, rent included.

Toronto $2,530
Banning, CA $2,932

A couple spends around $3,646 per month in Toronto vs $4,670 in Banning, CA, rent included.

Toronto $3,646
Banning, CA $4,670

A family of three spends $4,761 per month in Toronto vs $6,409 in Banning, CA, rent included.

Toronto $4,761
Banning, CA $6,409

Toronto is about 14% cheaper than Banning, CA, and outside of rent the biggest gap is in transport.

Both Toronto and Banning, CA sit above the global median – Toronto by 89%, Banning, CA by 119%.

Meal at Budget Restaurant

$17.67 CA$25.19

$17.70 $17.70

-0.17%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$44.71 $44.71

73.07%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$14.76 $14.76

-29.07%

Cappuccino

$4.08 CA$5.81

$5.99 $5.99

-31.89%

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

$2.12 CA$3.02

$1.92 $1.92

10.42%

Water (0.33 liter bottle)

$1.76 CA$2.51

$1.23 $1.23

43.09%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$6.91 $6.91

-10.71%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$8.67 $8.67

-20.53%

Milk (1 liter)

$2.43 CA$3.46

$1.25 $1.25

94.40%

White Bread (500g)

$2.75 CA$3.92

$2.72 $2.72

1.10%

Rice (white) (1kg)

$2.23 CA$3.18

$4.61 $4.61

-51.63%

Eggs

$3.45 CA$4.91

$4.62 $4.62

-25.32%

Local Cheese (1kg)

$8.93 CA$12.73

$8.20 $8.20

8.90%

Chicken Fillets (1kg)

$11.44 CA$16.31

$16.24 $16.24

-29.56%

Beef Round Steak (1kg)

$14.61 CA$20.83

$19.95 $19.95

-26.77%

Apples (1kg)

$3.75 CA$5.34

$5.04 $5.04

-25.60%

Banana (1kg)

$1.15 CA$1.64

$2.23 $2.23

-48.43%

Oranges (1kg)

$3.55 CA$5.06

$4.33 $4.33

-18.01%

Tomato (1kg)

$4.28 CA$6.10

$4.33 $4.33

-1.15%

Potato (1kg)

$1.85 CA$2.63

$3.17 $3.17

-41.64%

Onion (1kg)

$1.67 CA$2.38

$2.84 $2.84

-41.20%

Lettuce (1 head)

$2.22 CA$3.16

$1.97 $1.97

12.69%

Water (1.5 liter bottle)

$1.21 CA$1.72

$1.60 $1.60

-24.38%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$8.97 $8.97

54.74%

Wine (Bottle)

$14.25 CA$20.31

$14.86 $14.86

-4.10%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$2.98 $2.98

-26.17%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$2.69 $2.69

-10.04%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$1.95 $1.95

24.10%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$3.15 $3.15

-7.94%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$1.87 $1.87

-32.62%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$32.67 $32.67

-32.57%

Gasoline (1 liter)

$1.22 CA$1.74

$1.47 $1.47

-17.01%

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

$27.6K CA$39.4K

$36.7K $36.7K

-24.80%

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

$19.8K CA$28.3K

$15.9K $15.9K

24.76%

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

$122 CA$174

$281 $281

-56.69%

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

$32.03 CA$45.66

$56.7 $56.7

-43.48%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$60.5 $60.5

-20.79%

Gym Membership (Monthly)

$38.90 CA$55.5

$40.70 $40.70

-4.42%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

Cinema Ticket

$12.61 CA$17.97

$10.38 $10.38

21.48%

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

$834 CA$1,189

$1,654 $1,654

-49.57%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$32.3K $32.3K

-27.76%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$41.79 $41.79

25.87%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$63.9 $63.9

-37.00%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$66.7 $66.7

44.34%

Men's Leather Business Shoes

$123 CA$175

$202 $202

-39.25%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$1,680 $1,680

-4.88%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$1,590 $1,590

-9.75%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$4,020 $4,020

-33.92%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$3,502 $3,502

-40.14%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$2,796 $2,796

187.30%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$2,463 $2,463

166.20%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.86

-34.84%

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

Last update for Toronto: October 4, 2026

Last update for Banning, CA: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Banning, CA

$1.6K 53.5% 10.8% $155

Groceries & Markets

Toronto

$340 13.1%

Banning, CA

$412 13.9% 21.1% $72

Eating Out

Toronto

$282 10.9%

Banning, CA

$322 10.8% 14.3% $40

Monthly Utilities & Internet

Toronto

$202 7.8%

Banning, CA

$399 13.4% 97.5% $197

Clothing & Footwear

Toronto

$140 5.4%

Banning, CA

$169 5.7% 20.1% $28

Getting Around

Toronto

$130 5%

Banning, CA

$20 * 0.7% 84.4% $109

Sport & Entertainment

Toronto

$64 2.5%

Banning, CA

$61 2.1% 4.2% $2.7

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 $1,680 in Banning, CA. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $77.0 in Toronto versus $45.00 in Banning, CA. Groceries tell a different story – $340 in Toronto vs $412 in Banning, CA – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇺🇸 Banning, CA

🕒 Local time

07:16 7:16 AM

04:16 4:16 AM

3 h behind Toronto

🌤 Weather

👥 Population

2,731,571

29,266

💱 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

Lowest

Highest

Between locations

Toronto Banning, CA 3,390 km ≈ 4 h 45 min nonstop flight

From you

Toronto
Banning, CA

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 Banning, CA: Cost of Living - Frequently Asked Questions

Yes – Banning, CA is pricier by about 16%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,795 per month in Toronto and $4,398 in Banning, CA. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Toronto, 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 $2,932 in Banning, CA. That's a gap of about 16%.

Kindergarten costs $834 per month in Toronto and $1,654 in Banning, CA. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,500 is a stretch for both – monthly costs hit $2,530 in Toronto and $2,932 in Banning, CA. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Toronto – 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 Toronto. If higher salaries, better infrastructure, or specific career opportunities are the priority, Banning, CA makes more sense. Both are solid long-term options with distinct trade-offs.