Last update: Oct 2026

Cost of Living Comparison Between Toronto and Cambridge, Canada

Name: Cambridge
Address: Cambridge, CA

For one person, living costs are similar in Toronto and in Cambridge: $2,589 and $2,527 a month, rent and utilities included.

125

Cost of Living Index in Toronto
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Toronto Living Index
122

Cost of Living Index in Cambridge
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Cambridge Living Index

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Toronto

🇨🇦 Canada

$2,589

/mo nomad

Cambridge

🇨🇦 Canada

$2,527

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Cambridge

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

Monthly costs for one person with rent: $2,589 in Toronto versus $2,527 in Cambridge.

Toronto $2,589
Cambridge $2,527

Estimated couple costs with rent: $3,710 in Toronto versus $3,443 in Cambridge.

Toronto $3,710
Cambridge $3,443

Monthly costs for a family of three with rent: $4,831 in Toronto versus $4,359 in Cambridge.

Toronto $4,831
Cambridge $4,359

Monthly costs are close between Toronto and Cambridge; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Toronto 90% above, Cambridge 86% above.

Meal at Budget Restaurant

$17.60 CA$24.70

$17.69 CA$24.82

-0.51%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$56.7 CA$79.6

37.26%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.86

$10.55 CA$14.81

0.38%

Cappuccino

$4.16 CA$5.83

$3.56 CA$5.00

16.85%

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

$2.04 CA$2.87

$1.99 CA$2.79

2.51%

Water (0.33 liter bottle)

$1.75 CA$2.46

$1.22 CA$1.72

43.44%

Local Beer (0.5 liter draught)

$6.58 CA$9.23

$5.19 CA$7.29

26.78%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.98

$6.26 CA$8.78

13.58%

Milk (1 liter)

$2.53 CA$3.56

$1.99 CA$2.80

27.14%

White Bread (500g)

$2.70 CA$3.79

$2.41 CA$3.38

12.03%

Rice (white) (1kg)

$2.24 CA$3.14

$3.19 CA$4.48

-29.78%

Eggs

$3.48 CA$4.89

$3.32 CA$4.66

4.82%

Local Cheese (1kg)

$9.38 CA$13.16

$11.24 CA$15.77

-16.55%

Chicken Fillets (1kg)

$11.60 CA$16.28

$11.38 CA$15.97

1.93%

Beef Round Steak (1kg)

$14.68 CA$20.61

$14.43 CA$20.25

1.73%

Apples (1kg)

$3.74 CA$5.26

$4.07 CA$5.70

-8.11%

Banana (1kg)

$1.22 CA$1.72

$1.33 CA$1.86

-8.27%

Oranges (1kg)

$3.48 CA$4.88

$4.05 CA$5.68

-14.07%

Tomato (1kg)

$4.32 CA$6.07

$3.74 CA$5.25

15.51%

Potato (1kg)

$1.85 CA$2.60

$2.76 CA$3.87

-32.97%

Onion (1kg)

$1.69 CA$2.37

$1.94 CA$2.72

-12.89%

Lettuce (1 head)

$2.23 CA$3.13

$2.00 CA$2.81

11.50%

Water (1.5 liter bottle)

$1.28 CA$1.79

$1.29 CA$1.82

-0.78%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.71

$12.93 CA$18.15

8.58%

Wine (Bottle)

$14.43 CA$20.25

$12.40 CA$17.41

16.37%

Local Beer (0.5 liter bottle)

$2.16 CA$3.03

$2.63 CA$3.69

-17.87%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.54

$4.04 CA$5.67

-37.62%

One-way Ticket (Public Transport)

$2.37 CA$3.32

$2.80 CA$3.93

-15.36%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

$69.4 CA$97.5

61.95%

Taxi Start (Normal Tariff)

$3.04 CA$4.27

$2.56 CA$3.59

18.75%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.74

$1.80 CA$2.52

-31.11%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.65

$23.32 CA$32.73

-3.30%

Gasoline (1 liter)

$1.24 CA$1.75

$1.22 CA$1.71

1.64%

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

$26.9K CA$37.8K

$26.5K CA$37.2K

1.52%

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

$21.4K CA$30.0K

$20.7K CA$29.0K

3.41%

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

$125 CA$175

$152 CA$214

-18.19%

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

$33.05 CA$46.39

$42.51 CA$59.7

-22.25%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.3

$50.5 CA$70.9

-5.07%

Gym Membership (Monthly)

$36.69 CA$51.5

$28.64 CA$40.20

28.11%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

Cinema Ticket

$13.08 CA$18.35

$10.74 CA$15.07

21.79%

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

$759 CA$1,065

$497 CA$698

52.59%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.4K

$15.8K CA$22.2K

50.15%

Jeans (Levis 501 Or Similar)

$53.5 CA$75.1

$63.5 CA$89.1

-15.62%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.8

$33.07 CA$46.41

22.29%

Sport Shoes (Adidas, Nike)

$100 CA$141

$82.3 CA$115

22.12%

Men's Leather Business Shoes

$125 CA$176

$106 CA$148

18.57%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,287

$1,529 CA$2,146

6.59%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,987

$1,395 CA$1,957

1.51%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,781

$2,057 CA$2,887

30.95%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,949

$1,870 CA$2,625

12.32%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

$4,450 CA$6,245

69.67%

Buy Apartment Outside City Center (m2)

$6,674 CA$9,366

$3,682 CA$5,168

81.24%

Average Monthly Net Salary (After Tax)

$3,543 CA$4,973

$3,028 CA$4,250

17.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

5.22

-14.75%

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

Last update for Toronto: October 26, 2026

Last update for Cambridge: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Cambridge

$1.4K 55.2% 1.5% $21

Groceries & Markets

Toronto

$345 13.3%

Cambridge

$349 13.8% 1.2% $4

Eating Out

Toronto

$285 11%

Cambridge

$267 10.6% 6.2% $18

Monthly Utilities & Internet

Toronto

$206 7.9%

Cambridge

$245 9.7% 19.3% $40

Clothing & Footwear

Toronto

$144 5.6%

Cambridge

$128 5.1% 11% $16

Getting Around

Toronto

$131 5.1%

Cambridge

$92 3.7% 29.7% $39

Sport & Entertainment

Toronto

$63 2.4%

Cambridge

$50 2% 20.3% $13

Cost Breakdown

A one-bedroom apartment in the center runs $1,630 in Toronto and $1,529 in Cambridge. Housing cost is often the main lever when comparing two cities.

Toronto pays 17% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $78 in Toronto vs $57 in Cambridge. Groceries flip the comparison at $345 vs $349, with Toronto cheaper for home cooking.

Good to know

🇨🇦 Toronto

🇨🇦 Cambridge

🕒 Local time

16:32 4:32 PM

Same time as Toronto

🌤 Weather

👥 Population

2,731,571

138,479

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

On the map

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Toronto
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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 Cambridge: Cost of Living - Frequently Asked Questions

Average pay runs 17% 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: $1,630 in Toronto versus $1,529 in Cambridge. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Cambridge – a meal for two runs $57 versus $78 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

Childcare runs $759 in Toronto versus $497 in Cambridge. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Both cities are expensive relative to $2,500. Cambridge is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

For families, Cambridge is more practical. Housing and childcare are both notably cheaper than in Toronto, and the savings on those two alone free up budget for education, activities, and family trips.

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