Last update: Oct 2026

Cost of Living Comparison Between Toronto and Cancun

For one person, living is cheaper in Cancun: $1,428 a month against $2,530 in Toronto, rent and utilities included – about $13,200 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
68

Cost of Living Index in Cancun
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Cancun Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Cancun

🇲🇽 Mexico

$1,428

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Cancun

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

A single person spends $2,530 per month in Toronto vs $1,428 in Cancun, rent included.

Toronto $2,530
Cancun $1,428

A couple spends around $3,646 per month in Toronto vs $2,290 in Cancun, rent included.

Toronto $3,646
Cancun $2,290

A family of three spends $4,761 per month in Toronto vs $3,152 in Cancun, rent included.

Toronto $4,761
Cancun $3,152

Toronto costs about 77% more than Cancun, and outside of rent the biggest gap is in eating out.

Both Toronto and Cancun sit above the global median – Toronto by 89%, Cancun by 7%.

Meal at Budget Restaurant

$17.67 CA$25.19

$11.15 MX$205

58.48%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$54.6 MX$1,003

41.72%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$11.30 MX$208

-7.35%

Cappuccino

$4.08 CA$5.81

$3.86 MX$71.0

5.70%

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

$2.12 CA$3.02

$1.38 MX$25.26

53.62%

Water (0.33 liter bottle)

$1.76 CA$2.51

$0.80 MX$14.76

120.00%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$3.08 MX$56.5

100.32%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$4.35 MX$79.9

58.39%

Milk (1 liter)

$2.43 CA$3.46

$1.63 MX$29.94

49.08%

White Bread (500g)

$2.75 CA$3.92

$2.71 MX$49.81

1.48%

Rice (white) (1kg)

$2.23 CA$3.18

$1.65 MX$30.27

35.15%

Eggs

$3.45 CA$4.91

$2.72 MX$50.0

26.84%

Local Cheese (1kg)

$8.93 CA$12.73

$9.93 MX$182

-10.07%

Chicken Fillets (1kg)

$11.44 CA$16.31

$8.80 MX$162

30.00%

Beef Round Steak (1kg)

$14.61 CA$20.83

$13.88 MX$255

5.26%

Apples (1kg)

$3.75 CA$5.34

$2.83 MX$52.0

32.51%

Banana (1kg)

$1.15 CA$1.64

$1.67 MX$30.66

-31.14%

Oranges (1kg)

$3.55 CA$5.06

$3.20 MX$58.7

10.94%

Tomato (1kg)

$4.28 CA$6.10

$2.16 MX$39.74

98.15%

Potato (1kg)

$1.85 CA$2.63

$2.03 MX$37.27

-8.87%

Onion (1kg)

$1.67 CA$2.38

$1.90 MX$34.95

-12.11%

Lettuce (1 head)

$2.22 CA$3.16

$1.15 MX$21.12

93.04%

Water (1.5 liter bottle)

$1.21 CA$1.72

$1.22 MX$22.47

-0.82%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$4.51 MX$82.8

207.76%

Wine (Bottle)

$14.25 CA$20.31

$10.03 MX$184

42.07%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$1.56 MX$28.61

41.03%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$2.73 MX$50.1

-11.36%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$0.64 MX$11.82

278.12%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$28.64 MX$526

286.66%

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$4.50 MX$82.5

-35.56%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$2.98 MX$54.7

-57.72%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$13.62 MX$250

61.75%

Gasoline (1 liter)

$1.22 CA$1.74

$1.52 MX$27.84

-19.74%

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

$27.6K CA$39.4K

$21.0K MX$385.8K

31.50%

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

$19.8K CA$28.3K

$24.5K MX$449.7K

-19.07%

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

$122 CA$174

$172 MX$3,166

-29.32%

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

$32.03 CA$45.66

$23.50 MX$431

36.30%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$37.97 MX$697

26.20%

Gym Membership (Monthly)

$38.90 CA$55.5

$33.57 MX$616

15.88%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

$13.50 MX$248

72.15%

Cinema Ticket

$12.61 CA$17.97

$7.33 MX$135

72.03%

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

$834 CA$1,189

$205 MX$3,760

307.19%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$5,468 MX$100.4K

326.83%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$54.9 MX$1,008

-4.15%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$54.7 MX$1,005

-26.45%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$76.9 MX$1,412

25.11%

Men's Leather Business Shoes

$123 CA$175

$94.4 MX$1,732

30.30%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$672 MX$12.3K

137.81%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$464 MX$8,518

209.26%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$1,375 MX$25.2K

93.23%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$1,075 MX$19.7K

95.00%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$1,281 MX$23.5K

526.85%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$1,985 MX$36.4K

230.36%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$819 MX$15.0K

357.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

11.45

-60.96%

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

Last update for Toronto: October 4, 2026

Last update for Cancun: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Cancun

$464 32.9% 67.7% $971

Groceries & Markets

Toronto

$340 13.1%

Cancun

$287 20.3% 15.7% $54

Eating Out

Toronto

$282 10.9%

Cancun

$202 14.3% 28.2% $80

Monthly Utilities & Internet

Toronto

$202 7.8%

Cancun

$234 16.6% 15.9% $32

Clothing & Footwear

Toronto

$140 5.4%

Cancun

$126 9% 10% $14

Getting Around

Toronto

$130 5%

Cancun

$51 3.6% 61% $79

Sport & Entertainment

Toronto

$64 2.5%

Cancun

$48 3.4% 24.8% $16

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $672 in Cancun. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 357% higher in Toronto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $77.0 in Toronto versus $55.0 in Cancun. Monthly groceries follow the same trend: $340 vs $287 – making Cancun the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇲🇽 Cancun

🕒 Local time

22:48 10:48 PM

21:48 9:48 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

888,797

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

100 MXN = 5.45 USD

100 MXN = 4.86 EUR

Exchange rates and currency converter

MXN, 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).

Mexican Peso exchange rates as of October 10, 2026: 1 USD = 18.36 MXN (100 MXN = 5.45 USD). 1 EUR = 20.59 MXN (100 MXN = 4.86 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Cancun 2,600 km ≈ 3 h 45 min nonstop flight

From you

Toronto
Cancun

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 Cancun: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,530 in Toronto, $1,428 in Cancun – roughly 77% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $3,795 per month in Toronto and $2,141 in Cancun. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $834 per month in Toronto and $205 in Cancun. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 19% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Cancun, where all-in costs run around $1,428, than in Toronto at $2,530. In Cancun it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Cancun – 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 Cancun. 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.