Last update: Oct 2026

Cost of Living Comparison Between Toronto and Belo Horizonte

For one person, living is cheaper in Belo Horizonte: $984 a month against $2,530 in Toronto, rent and utilities included – about $18,600 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
47

Cost of Living Index in Belo Horizonte
Learn more

Belo Horizonte Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Belo Horizonte

🇧🇷 Brazil

$984

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Belo Horizonte

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

Monthly costs for one person with rent: $2,530 in Toronto versus $984 in Belo Horizonte.

Toronto $2,530
Belo Horizonte $984

Estimated couple costs with rent: $3,646 in Toronto versus $1,589 in Belo Horizonte.

Toronto $3,646
Belo Horizonte $1,589

Monthly costs for a family of three with rent: $4,761 in Toronto versus $2,193 in Belo Horizonte.

Toronto $4,761
Belo Horizonte $2,193

Living in Toronto is roughly 157% more expensive than in Belo Horizonte, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 89% above, Belo Horizonte is 27% below.

Meal at Budget Restaurant

$17.67 CA$25.19

$5.90 R$29.46

199.49%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$37.35 R$186

107.18%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$8.86 R$44.22

18.17%

Cappuccino

$4.08 CA$5.81

$2.27 R$11.36

79.74%

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

$2.12 CA$3.02

$1.43 R$7.13

48.25%

Water (0.33 liter bottle)

$1.76 CA$2.51

$0.81 R$4.05

117.28%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$2.12 R$10.60

191.04%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$3.67 R$18.32

87.74%

Milk (1 liter)

$2.43 CA$3.46

$0.95 R$4.72

155.79%

White Bread (500g)

$2.75 CA$3.92

$1.82 R$9.09

51.10%

Rice (white) (1kg)

$2.23 CA$3.18

$2.08 R$10.39

7.21%

Eggs

$3.45 CA$4.91

$2.22 R$11.07

55.41%

Local Cheese (1kg)

$8.93 CA$12.73

$9.91 R$49.47

-9.89%

Chicken Fillets (1kg)

$11.44 CA$16.31

$4.33 R$21.63

164.20%

Beef Round Steak (1kg)

$14.61 CA$20.83

$7.63 R$38.10

91.48%

Apples (1kg)

$3.75 CA$5.34

$1.93 R$9.66

94.30%

Banana (1kg)

$1.15 CA$1.64

$1.15 R$5.75

Oranges (1kg)

$3.55 CA$5.06

$1.20 R$5.98

195.83%

Tomato (1kg)

$4.28 CA$6.10

$1.65 R$8.23

159.39%

Potato (1kg)

$1.85 CA$2.63

$1.15 R$5.74

60.87%

Onion (1kg)

$1.67 CA$2.38

$0.97 R$4.86

72.16%

Lettuce (1 head)

$2.22 CA$3.16

$0.85 R$4.23

161.18%

Water (1.5 liter bottle)

$1.21 CA$1.72

$0.92 R$4.58

31.52%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$2.47 R$12.33

461.94%

Wine (Bottle)

$14.25 CA$20.31

$8.23 R$41.09

73.15%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$1.43 R$7.15

53.85%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$2.74 R$13.68

-11.68%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$1.25 R$6.26

93.60%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$68.0 R$339

62.90%

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$1.02 R$5.10

184.31%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$0.77 R$3.84

63.64%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$6.32 R$31.53

248.58%

Gasoline (1 liter)

$1.22 CA$1.74

$1.32 R$6.58

-7.58%

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

$27.6K CA$39.4K

$24.0K R$119.9K

15.05%

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

$19.8K CA$28.3K

$32.5K R$162.1K

-38.96%

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

$122 CA$174

$76.1 R$380

60.18%

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

$32.03 CA$45.66

$10.33 R$51.6

210.07%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$21.02 R$105

127.97%

Gym Membership (Monthly)

$38.90 CA$55.5

$28.07 R$140

38.58%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

$46.30 R$231

-49.81%

Cinema Ticket

$12.61 CA$17.97

$7.90 R$39.41

59.62%

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

$834 CA$1,189

$459 R$2,292

81.64%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$13.8K R$69.0K

68.89%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$62.0 R$309

-15.12%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$48.86 R$244

-17.60%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$97.6 R$487

-1.43%

Men's Leather Business Shoes

$123 CA$175

$71.5 R$357

71.90%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$590 R$2,945

170.85%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$292 R$1,456

391.96%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$890 R$4,440

198.67%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$591 R$2,950

254.72%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$2,358 R$11.8K

240.61%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$1,121 R$5,598

484.73%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$613 R$3,062

510.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

11.25

-60.27%

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

Last update for Toronto: October 4, 2026

Last update for Belo Horizonte: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Belo Horizonte

$292 30% 79.7% $1.1K

Groceries & Markets

Toronto

$340 13.1%

Belo Horizonte

$198 20.3% 41.9% $142

Eating Out

Toronto

$282 10.9%

Belo Horizonte

$128 13.2% 54.6% $154

Monthly Utilities & Internet

Toronto

$202 7.8%

Belo Horizonte

$107 11.1% 46.8% $94

Clothing & Footwear

Toronto

$140 5.4%

Belo Horizonte

$126 13% 10.3% $14

Getting Around

Toronto

$130 5%

Belo Horizonte

$78 8% 39.9% $52

Sport & Entertainment

Toronto

$64 2.5%

Belo Horizonte

$44 4.5% 31.6% $20

Cost Breakdown

A one-bedroom apartment in the center runs $1,598 in Toronto and $590 in Belo Horizonte. Housing cost is often the main lever when comparing two cities.

Toronto pays 510% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $77.0 in Toronto vs $37.00 in Belo Horizonte for a mid-range dinner for two. Groceries echo the gap at $340 vs $198 per month, with Belo Horizonte cheaper across the board.

Good to know

🇨🇦 Toronto

🇧🇷 Belo Horizonte

🕒 Local time

06:35 6:35 AM

07:35 7:35 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

2,315,560

💱 Currency

Canadian Dollar CAD $

Brazilian Real BRL R$

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 BRL = 0.2 USD

1 BRL = 0.179 EUR

Exchange rates and currency converter

BRL, 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).

Brazilian Real exchange rates as of October 10, 2026: 1 USD = 4.99 BRL (1 BRL = 0.2 USD). 1 EUR = 5.59 BRL (1 BRL = 0.179 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Belo Horizonte 7,940 km ≈ 10 h nonstop flight

From you

Toronto
Belo Horizonte

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 Belo Horizonte: Cost of Living - Frequently Asked Questions

Toronto and Belo Horizonte differ by about 157% in total monthly costs ($2,530 vs $984 including rent). Belo Horizonte is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 510% higher in Toronto, 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: $1,598 in Toronto versus $590 in Belo Horizonte. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $834 in Toronto versus $459 in Belo Horizonte. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 72% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

At $984 in Belo Horizonte versus $2,530 in Toronto, a $2,000 budget is realistic in Belo Horizonte but tight or insufficient in Toronto. The gap between the two cities makes Belo Horizonte 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.

Expats usually find Belo Horizonte gentler on the wallet – expenses run 157% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.