Last update: Nov 2026

Cost of Living Comparison Between Toronto and Beef Island

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Beef Island

🇻🇬 British Virgin Islands

/mo nomad

Meal at Budget Restaurant

$17.98 CA$25.20

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

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

$2.16 CA$3.03

Water (0.33 liter bottle)

$1.66 CA$2.32

Local Beer (0.5 liter draught)

$6.35 CA$8.90

Imported Beer (0.33 liter bottle)

$7.34 CA$10.29

Milk (1 liter)

$2.57 CA$3.60

White Bread (500g)

$2.71 CA$3.79

Rice (white) (1kg)

$2.28 CA$3.19

Eggs

$3.60 CA$5.05

Local Cheese (1kg)

$8.94 CA$12.54

Chicken Fillets (1kg)

$11.19 CA$15.69

Beef Round Steak (1kg)

$15.23 CA$21.34

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

Potato (1kg)

$1.94 CA$2.72

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

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

Imported Beer (0.33 liter bottle)

$2.58 CA$3.62

One-way Ticket (Public Transport)

$2.35 CA$3.30

Public Transport Monthly Pass (Regular Price)

$111 CA$156

Taxi Start (Normal Tariff)

$3.01 CA$4.22

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

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

Gym Membership (Monthly)

$36.65 CA$51.4

Tennis Court (1 Hour on Weekend)

$25.01 CA$35.06

Cinema Ticket

$12.78 CA$17.91

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

$754 CA$1,058

International Primary School, 1 Child (Yearly)

$33.7K CA$47.2K

Jeans (Levis 501 Or Similar)

$50.4 CA$70.6

Summer Dress (H&M, Zara, etc)

$41.43 CA$58.1

Sport Shoes (Adidas, Nike)

$101 CA$142

Men's Leather Business Shoes

$130 CA$183

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,228

$991 $991

60.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,996

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,702

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,930

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

Buy Apartment Outside City Center (m2)

$6,892 CA$9,661

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 Beef Island: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Beef Island

–

Groceries & Markets

Toronto

$345 13.3%

Beef Island

–

Eating Out

Toronto

$290 11.2%

Beef Island

–

Monthly Utilities & Internet

Toronto

$203 7.8%

Beef Island

–

Clothing & Footwear

Toronto

$145 5.6%

Beef Island

–

Getting Around

Toronto

$130 5%

Beef Island

–

Sport & Entertainment

Toronto

$62 2.4%

Beef Island

–

Cost Breakdown

A central one-bedroom costs $1,590 in Toronto versus $991 in Beef Island. 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

🇻🇬 Beef Island

🕒 Local time

04:33 4:33 AM

05:33 5:33 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

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).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Beef Island 3,130 km ≈ 4 h 30 min nonstop flight

From you

Toronto
Beef Island

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 Beef Island: Cost of Living - Frequently Asked Questions

Rent is clearly cheaper in Beef Island, especially for central apartments: a one-bedroom in the center costs $991 there versus $1,590 in Toronto.

Toronto vs other spots: cost of living compared

Similar cities

Austin, TX

🇺🇸 United States

Berlin

🇩🇪 Germany

Milan

🇮🇹 Italy

Paris

🇫🇷 France

Munich

🇩🇪 Germany

Vancouver

🇨🇦 Canada

Brisbane

🇦🇺 Australia

Stockholm

🇸🇪 Sweden