Last update: Nov 2026

Cost of Living Comparison Between Toronto and the Canaries

For one person, living is cheaper in the Canaries: $187 a month against $2,599 in Toronto, rent and utilities included – about $28,900 less a year.

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Cost of Living Index in Toronto
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Toronto Living Index

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Toronto

🇨🇦 Canada

$2,599

/mo nomad

Canaries

🇱🇨 Saint Lucia

$187

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in the Canaries

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

A single person spends $2,599 per month in Toronto vs $187 in the Canaries, rent included.

Toronto $2,599
Canaries $187

A couple spends around $3,700 per month in Toronto vs $280 in the Canaries, rent included.

Toronto $3,700
Canaries $280

A family of three spends $4,801 per month in Toronto vs $373 in the Canaries, rent included.

Toronto $4,801
Canaries $373

Toronto costs about 1289% more than the Canaries.

Toronto sits 92% above the global median, while Canaries is 86% below – they fall on opposite sides of the world average.

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

$183 EC$494

768.62%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,996

$187 EC$505

661.02%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,702

$301 EC$814

776.48%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,930

$373 EC$1,008

459.66%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

$184 EC$496

4105.66%

Buy Apartment Outside City Center (m2)

$6,892 CA$9,661

$257 EC$694

2580.81%

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 the Canaries: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Canaries

–

Groceries & Markets

Toronto

$345 13.3%

Canaries

–

Eating Out

Toronto

$290 11.2%

Canaries

–

Monthly Utilities & Internet

Toronto

$203 7.8%

Canaries

–

Clothing & Footwear

Toronto

$145 5.6%

Canaries

–

Getting Around

Toronto

$130 5%

Canaries

–

Sport & Entertainment

Toronto

$62 2.4%

Canaries

–

Cost Breakdown

A central one-bedroom costs $1,590 in Toronto versus $183 in the Canaries. 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

🇱🇨 Canaries

🕒 Local time

01:37 1:37 AM

02:37 2:37 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

1,862

💱 Currency

Canadian Dollar CAD $

East Caribbean Dollar XCD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

1 XCD = 0.37 USD

1 XCD = 0.33 EUR

Exchange rates and currency converter

XCD, 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).

East Caribbean Dollar exchange rates as of November 6, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.03 XCD (1 XCD = 0.33 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Canaries 3,740 km ≈ 5 h nonstop flight

From you

Toronto
Canaries

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 Canaries: Cost of Living - Frequently Asked Questions

Toronto costs about 1289% more than the Canaries, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,899 per month in Toronto and $281 in the Canaries. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in the Canaries, especially for central apartments: a one-bedroom in the center costs $183 there versus $1,590 in Toronto.

A $800 monthly budget goes further in the Canaries, where all-in costs run around $187, than in Toronto at $2,599. In Canaries it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

It depends on your priorities. Canaries has an edge in some lifestyle areas, with costs from $187 in the Canaries to $2,599 in Toronto. Climate, culture, job market, and personal taste all factor in.