Last update: Nov 2026

Cost of Living Comparison Between Toronto and Barbados

For one person, living is cheaper in Barbados: $1,854 a month against $2,599 in Toronto, rent and utilities included – about $8,900 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
88

Cost of Living Index in Barbados
Learn more

Barbados Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Barbados

🇧🇧 Barbados

$1,854

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Barbados

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

Monthly costs for one person with rent: $2,599 in Toronto versus $1,854 in Barbados.

Toronto $2,599
Barbados $1,854

Estimated couple costs with rent: $3,700 in Toronto versus $4,117 in Barbados.

Toronto $3,700
Barbados $4,117

Monthly costs for a family of three with rent: $4,801 in Toronto versus $6,379 in Barbados.

Toronto $4,801
Barbados $6,379

Living in Toronto is roughly 40% more expensive than in Barbados, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Toronto 92% above, Barbados 37% above.

Meal at Budget Restaurant

$17.98 CA$25.09

$24.77 BBD 49.54

-27.41%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

$113 BBD 225

-35.89%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.11

$12.34 BBD 24.67

-12.24%

Cappuccino

$4.34 CA$6.06

$4.68 BBD 9.35

-7.26%

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

$2.16 CA$3.01

$2.16 BBD 4.33

Water (0.33 liter bottle)

$1.66 CA$2.31

$1.70 BBD 3.40

-2.35%

Local Beer (0.5 liter draught)

$6.35 CA$8.86

$2.95 BBD 5.90

115.25%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.25

$3.90 BBD 7.80

88.21%

Milk (1 liter)

$2.57 CA$3.59

$3.60 BBD 7.20

-28.61%

White Bread (500g)

$2.71 CA$3.78

$2.63 BBD 5.27

3.04%

Rice (white) (1kg)

$2.28 CA$3.18

$3.93 BBD 7.86

-41.98%

Eggs

$3.60 CA$5.03

$5.97 BBD 11.94

-39.70%

Local Cheese (1kg)

$8.94 CA$12.48

$6.69 BBD 13.38

33.63%

Chicken Fillets (1kg)

$11.19 CA$15.62

$10.25 BBD 20.50

9.17%

Beef Round Steak (1kg)

$15.23 CA$21.25

$11.11 BBD 22.22

37.08%

Apples (1kg)

$3.74 CA$5.23

$5.04 BBD 10.08

-25.79%

Banana (1kg)

$1.23 CA$1.71

$4.28 BBD 8.57

-71.26%

Oranges (1kg)

$3.58 CA$5.00

$5.65 BBD 11.31

-36.64%

Tomato (1kg)

$4.25 CA$5.93

$5.98 BBD 11.96

-28.93%

Potato (1kg)

$1.94 CA$2.71

$6.64 BBD 13.28

-70.78%

Onion (1kg)

$1.67 CA$2.33

$4.78 BBD 9.57

-65.06%

Lettuce (1 head)

$2.30 CA$3.21

$2.68 BBD 5.35

-14.18%

Water (1.5 liter bottle)

$1.26 CA$1.76

$2.74 BBD 5.49

-54.01%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.81

$7.17 BBD 14.35

97.91%

Wine (Bottle)

$14.25 CA$19.89

$15.89 BBD 31.77

-10.32%

Local Beer (0.5 liter bottle)

$2.28 CA$3.18

$1.71 BBD 3.42

33.33%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.61

$2.99 BBD 5.97

-13.71%

One-way Ticket (Public Transport)

$2.35 CA$3.29

$1.80 BBD 3.60

30.56%

Public Transport Monthly Pass (Regular Price)

$111 CA$155

Taxi Start (Normal Tariff)

$3.01 CA$4.21

$5.03 BBD 10.07

-40.16%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

$3.52 BBD 7.04

-65.34%

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.47

Gasoline (1 liter)

$1.23 CA$1.72

$2.08 BBD 4.17

-40.87%

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

$27.0K CA$37.6K

$50.8K BBD 101.5K

-46.90%

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

$21.8K CA$30.5K

$39.7K BBD 79.4K

-45.00%

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

$121 CA$169

$102 BBD 203

18.73%

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

$33.10 CA$46.21

$50.1 BBD 100

-33.98%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.5

$87.7 BBD 175

-44.03%

Gym Membership (Monthly)

$36.65 CA$51.2

$76.5 BBD 153

-52.08%

Tennis Court (1 Hour on Weekend)

$25.01 CA$34.91

Cinema Ticket

$12.78 CA$17.84

$8.82 BBD 17.64

44.90%

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

$754 CA$1,053

International Primary School, 1 Child (Yearly)

$33.7K CA$47.0K

Jeans (Levis 501 Or Similar)

$50.4 CA$70.3

$46.05 BBD 92.1

9.42%

Summer Dress (H&M, Zara, etc)

$41.43 CA$57.8

$20.18 BBD 40.35

105.30%

Sport Shoes (Adidas, Nike)

$101 CA$141

$60.6 BBD 121

66.99%

Men's Leather Business Shoes

$130 CA$182

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,219

$672 BBD 1,344

136.50%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,988

$675 BBD 1,350

111.05%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,687

$1,881 BBD 3,762

40.43%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,918

$3,468 BBD 6,936

-39.73%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

Buy Apartment Outside City Center (m2)

$6,892 CA$9,620

Average Monthly Net Salary (After Tax)

$3,623 CA$5,057

$1,303 BBD 2,606

178.06%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

-59.55%

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

Last update for Toronto: November 2, 2026

Last update for Barbados: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Barbados

$675 36.4% 52.6% $749

Groceries & Markets

Toronto

$345 13.3%

Barbados

$429 23.2% 24.5% $85

Eating Out

Toronto

$290 11.2%

Barbados

$329 17.8% 13.5% $39

Monthly Utilities & Internet

Toronto

$203 7.8%

Barbados

$240 12.9% 18% $37

Clothing & Footwear

Toronto

$145 5.6%

Barbados

$57 * 3.1% 60.8% $88

Getting Around

Toronto

$130 5%

Barbados

$30 * 1.6% 77% $100

Sport & Entertainment

Toronto

$62 2.4%

Barbados

$94 5.1% 51.3% $32

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,590 in Toronto and $672 in Barbados. Housing cost is often the main lever when comparing two cities.

Toronto pays about 2.8 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Toronto vs $113 in Barbados for a mid-range dinner for two. Groceries echo the gap at $345 vs $429 per month, with Toronto cheaper across the board.

Good to know

🇨🇦 Toronto

🇧🇧 Barbados

🕒 Local time

00:44 12:44 AM

01:44 1:44 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

623

💱 Currency

Canadian Dollar CAD $

Barbados Dollar BBD $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

1 BBD = 0.5 USD

1 BBD = 0.445 EUR

Exchange rates and currency converter

BBD, 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 = 0.716 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

Barbados Dollar exchange rates as of November 6, 2026: 1 USD = 2 BBD (1 BBD = 0.5 USD). 1 EUR = 2.25 BBD (1 BBD = 0.445 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Barbados 3,880 km ≈ 5 h nonstop flight

From you

Toronto
Barbados

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 Barbados: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,599 in Toronto and $1,854 in Barbados, so Barbados is about 29% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Toronto is about 2.8 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,590 in Toronto versus $672 in Barbados. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Toronto – a meal for two runs $72 versus $113 in Barbados. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,599 per month in Toronto versus $1,854 in Barbados – Barbados is about 29% cheaper, which adds up to real savings over time.

Either city works on $3,000 a month, though Barbados gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.

It comes down to priorities – Barbados wins on affordability, Toronto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.