Last update: Oct 2026

Cost of Living Comparison Between Toronto and Belmont, CA

For one person, living costs are similar in Toronto and in Belmont, CA: $2,610 and $2,600 a month, rent and utilities included.

126

Cost of Living Index in Toronto
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Toronto Living Index
126

Cost of Living Index in Belmont, CA
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Belmont, CA Living Index

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Toronto

🇨🇦 Canada

$2,610

/mo nomad

Belmont, CA

🇺🇸 United States

$2,600

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Belmont, 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 Belmont, CA actually costs, broken down by who's living it.

A single person spends $2,610 per month in Toronto vs $2,600 in Belmont, CA, rent included.

Toronto $2,610
Belmont, CA $2,600

A couple spends around $3,727 per month in Toronto vs $3,803 in Belmont, CA, rent included.

Toronto $3,727
Belmont, CA $3,803

A family of three spends $4,844 per month in Toronto vs $5,006 in Belmont, CA, rent included.

Toronto $4,844
Belmont, CA $5,006

Toronto and Belmont, CA have comparable living costs – the differences are in the details.

Both Toronto and Belmont, CA sit above the global median – Toronto by 93%, Belmont, CA by 92%.

Meal at Budget Restaurant

$17.59 CA$24.87

$19.88 $19.88

-11.52%

Three-Course Dinner for Two, Mid-Range

$78.8 CA$111

$59.6 $59.6

32.20%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.16

$12.12 $12.12

-11.47%

Cappuccino

$4.09 CA$5.78

$5.38 $5.38

-23.98%

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

$2.10 CA$2.97

$1.97 $1.97

6.60%

Water (0.33 liter bottle)

$1.72 CA$2.43

$2.19 $2.19

-21.46%

Local Beer (0.5 liter draught)

$6.36 CA$8.99

$5.41 $5.41

17.56%

Imported Beer (0.33 liter bottle)

$7.08 CA$10.01

$5.88 $5.88

20.41%

Milk (1 liter)

$2.54 CA$3.59

$1.41 $1.41

80.14%

White Bread (500g)

$2.72 CA$3.85

$3.81 $3.81

-28.61%

Rice (white) (1kg)

$2.18 CA$3.09

$3.33 $3.33

-34.53%

Eggs

$3.63 CA$5.13

$5.13 $5.13

-29.24%

Local Cheese (1kg)

$9.46 CA$13.37

$6.55 $6.55

44.43%

Chicken Fillets (1kg)

$11.54 CA$16.32

$13.03 $13.03

-11.44%

Beef Round Steak (1kg)

$14.37 CA$20.32

$12.98 $12.98

10.71%

Apples (1kg)

$3.70 CA$5.23

$2.21 $2.21

67.42%

Banana (1kg)

$1.19 CA$1.68

$2.17 $2.17

-45.16%

Oranges (1kg)

$3.46 CA$4.90

$2.24 $2.24

54.46%

Tomato (1kg)

$4.22 CA$5.97

$2.22 $2.22

90.09%

Potato (1kg)

$1.79 CA$2.52

$1.07 $1.07

67.29%

Onion (1kg)

$1.65 CA$2.33

$1.89 $1.89

-12.70%

Lettuce (1 head)

$2.20 CA$3.11

$2.56 $2.56

-14.06%

Water (1.5 liter bottle)

$1.26 CA$1.78

$1.02 $1.02

23.53%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 CA$19.75

$11.79 $11.79

18.49%

Wine (Bottle)

$14.20 CA$20.07

$11.92 $11.92

19.13%

Local Beer (0.5 liter bottle)

$2.25 CA$3.18

$1.75 $1.75

28.57%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$1.24 $1.24

104.03%

One-way Ticket (Public Transport)

$2.32 CA$3.28

$2.02 $2.02

14.85%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

$65.6 $65.6

70.12%

Taxi Start (Normal Tariff)

$3.06 CA$4.33

$2.73 $2.73

12.09%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$1.49 $1.49

-18.12%

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

$30.41 $30.41

-28.67%

Gasoline (1 liter)

$1.21 CA$1.72

$1.50 $1.50

-19.33%

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

$26.1K CA$37.0K

$27.9K $27.9K

-6.36%

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

$21.1K CA$29.9K

$27.0K $27.0K

-21.72%

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

$120 CA$169

$289 $289

-58.60%

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

$32.21 CA$45.54

$41.69 $41.69

-22.74%

Internet (50+ Mbps, Unlimited Data)

$48.88 CA$69.1

$78.4 $78.4

-37.65%

Gym Membership (Monthly)

$39.34 CA$55.6

$39.58 $39.58

-0.61%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$12.58 CA$17.79

$14.72 $14.72

-14.54%

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

$832 CA$1,176

$2,119 $2,119

-60.75%

International Primary School, 1 Child (Yearly)

$23.6K CA$33.4K

$24.7K $24.7K

-4.27%

Jeans (Levis 501 Or Similar)

$52.3 CA$73.9

$37.96 $37.96

37.72%

Summer Dress (H&M, Zara, etc)

$39.44 CA$55.8

$35.23 $35.23

11.95%

Sport Shoes (Adidas, Nike)

$99.0 CA$140

$49.14 $49.14

101.47%

Men's Leather Business Shoes

$122 CA$172

$116 $116

4.81%

1-bedroom Apartment, City Center (Monthly)

$1,631 CA$2,306

$2,219 $2,219

-26.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,448 CA$2,048

$1,297 $1,297

11.66%

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

$2,539 $2,539

7.79%

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

$2,335 $2,335

-8.80%

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

$2,718 $2,718

201.90%

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

$2,353 $2,353

190.64%

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.51

-31.34%

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

Last update for Toronto: October 18, 2026

Last update for Belmont, CA: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.5%

Belmont, CA

$1.3K 49.9% 10.4% $151

Groceries & Markets

Toronto

$343 13.1%

Belmont, CA

$318 12.2% 7.2% $25

Eating Out

Toronto

$283 10.9%

Belmont, CA

$315 12.1% 11.4% $32

Monthly Utilities & Internet

Toronto

$201 7.7%

Belmont, CA

$409 15.7% 104% $208

Clothing & Footwear

Toronto

$141 5.4%

Belmont, CA

$107 4.1% 23.7% $33

Getting Around

Toronto

$130 5%

Belmont, CA

$84 3.2% 35.5% $46

Sport & Entertainment

Toronto

$65 2.5%

Belmont, CA

$69 2.7% 7% $4.5

Cost Breakdown

A central one-bedroom costs $1,631 in Toronto versus $2,219 in Belmont, 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 $79.0 in Toronto versus $60.0 in Belmont, CA. Monthly groceries follow the same trend: $343 vs $318 – making Belmont, CA the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Belmont, CA

🕒 Local time

09:53 9:53 AM

06:53 6:53 AM

3 h behind Toronto

🌤 Weather

👥 Population

2,731,571

24,729

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 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 October 22, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Belmont, CA 3,640 km ≈ 5 h nonstop flight

From you

Toronto
Belmont, 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 Belmont, CA: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $3,916 per month in Toronto and $3,900 in Belmont, CA. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Belmont, CA, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $79.0 in Toronto and $60.0 in Belmont, CA. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 70% less in Belmont, CA. For daily commuters, that gap adds up to noticeable savings over a year.

$2,000 is a stretch for both – monthly costs hit $2,610 in Toronto and $2,600 in Belmont, CA. You'll need shared housing and careful budgeting no matter which city you pick.

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

If budget matters most, go with Belmont, CA. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.