Last update: Oct 2026

Cost of Living Comparison Between Toronto and Cerro de Pasco

For one person, living is cheaper in Cerro de Pasco: $555 a month against $2,561 in Toronto, rent and utilities included – about $24,100 less a year. Rent and utilities account for most of the difference.

Toronto
🇨🇦 Canada
$2,561
/mo nomad
Cerro de Pasco
🇵🇪 Peru
$555
/mo nomad
Monthly Cost of Living

How much you'll spend in Toronto and in Cerro de Pasco

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 Cerro de Pasco actually costs, broken down by who's living it.

A single person spends $2,561 per month in Toronto vs $555 in Cerro de Pasco, rent included.

  • Toronto $2,561
  • Cerro de Pasco $555

A couple spends around $3,694 per month in Toronto vs $891 in Cerro de Pasco, rent included.

  • Toronto $3,694
  • Cerro de Pasco $891

A family of three spends $4,826 per month in Toronto vs $1,227 in Cerro de Pasco, rent included.

  • Toronto $4,826
  • Cerro de Pasco $1,227

Toronto costs about 362% more than Cerro de Pasco, and outside of rent the biggest gap is in eating out.

Toronto sits 90% above the global median, while Cerro de Pasco is 59% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Toronto
Cerro de Pasco
Difference
Meal at Budget Restaurant
$17.18 CA$24.29
$2.83 PEN 9.70
507.07%
Three-Course Dinner for Two, Mid-Range
$76.0 CA$107
$29.34 PEN 101
158.93%
Fast Food Meal (McDonalds, etc)
$10.54 CA$14.89
$6.74 PEN 23.16
56.38%
Cappuccino
$4.02 CA$5.68
$2.05 PEN 7.03
96.10%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.12 CA$3.00
$0.76 PEN 2.61
178.95%
Water (0.33 liter bottle)
$1.75 CA$2.48
$0.45 PEN 1.55
288.89%
Local Beer (0.5 liter draught)
$6.24 CA$8.83
$2.69 PEN 9.22
131.97%
Imported Beer (0.33 liter bottle)
$7.09 CA$10.02
$4.44 PEN 15.27
59.68%
🛒 Groceries & Markets
Toronto
Cerro de Pasco
Difference
Milk (1 liter)
$2.44 CA$3.45
$1.52 PEN 5.23
60.53%
White Bread (500g)
$2.68 CA$3.78
$2.35 PEN 8.07
14.04%
Rice (white) (1kg)
$2.24 CA$3.17
$1.26 PEN 4.34
77.78%
Eggs
$3.56 CA$5.03
$2.47 PEN 8.47
44.13%
Local Cheese (1kg)
$9.09 CA$12.85
$9.18 PEN 31.53
-0.98%
Chicken Fillets (1kg)
$11.33 CA$16.01
$6.04 PEN 20.74
87.58%
Beef Round Steak (1kg)
$14.53 CA$20.55
$7.92 PEN 27.20
83.46%
Apples (1kg)
$3.62 CA$5.12
$2.00 PEN 6.86
81.00%
Banana (1kg)
$1.21 CA$1.72
$0.76 PEN 2.61
59.21%
Oranges (1kg)
$3.60 CA$5.09
$0.43 PEN 1.46
737.21%
Tomato (1kg)
$4.21 CA$5.96
$1.14 PEN 3.91
269.30%
Potato (1kg)
$1.79 CA$2.53
$0.70 PEN 2.41
155.71%
Onion (1kg)
$1.59 CA$2.25
$0.54 PEN 1.87
194.44%
Lettuce (1 head)
$2.27 CA$3.21
$0.83 PEN 2.85
173.49%
Water (1.5 liter bottle)
$1.25 CA$1.77
$0.84 PEN 2.88
48.81%
Cigarettes 20 Pack (Marlboro, Camel)
$13.82 CA$19.53
$5.78 PEN 19.84
139.10%
Wine (Bottle)
$14.27 CA$20.18
$7.19 PEN 24.68
98.47%
Local Beer (0.5 liter bottle)
$2.20 CA$3.10
$1.92 PEN 6.60
14.58%
Imported Beer (0.33 liter bottle)
$2.43 CA$3.44
$2.65 PEN 9.11
-8.30%
🚌 Getting Around
Toronto
Cerro de Pasco
Difference
One-way Ticket (Public Transport)
$2.39 CA$3.38
-
-
Public Transport Monthly Pass (Regular Price)
$111 CA$157
-
-
Taxi Start (Normal Tariff)
$2.91 CA$4.12
$3.98 PEN 13.68
-26.88%
Taxi (Normal Tariff) (1km)
$1.20 CA$1.69
$1.99 PEN 6.84
-39.70%
Taxi 1hour Waiting (Normal Tariff)
$21.38 CA$30.23
$7.46 PEN 25.62
186.60%
Gasoline (1 liter)
$1.21 CA$1.71
$1.67 PEN 5.74
-27.54%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.2K CA$39.8K
$22.2K PEN 76.4K
26.63%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.3K CA$28.6K
$26.2K PEN 89.9K
-22.61%
🧾 Monthly Utilities & Internet
Toronto
Cerro de Pasco
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$120 CA$170
$72.8 PEN 250
65.25%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.26 CA$45.60
$16.46 PEN 56.5
95.99%
Internet (50+ Mbps, Unlimited Data)
$47.93 CA$67.8
$27.53 PEN 94.6
74.10%
🎉 Sport & Entertainment
Toronto
Cerro de Pasco
Difference
Gym Membership (Monthly)
$38.48 CA$54.4
-
-
Tennis Court (1 Hour on Weekend)
$22.96 CA$32.46
-
-
Cinema Ticket
$12.38 CA$17.50
$7.15 PEN 24.56
73.15%
🧸 Childcare & Education
Toronto
Cerro de Pasco
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$830 CA$1,173
$176 PEN 606
370.63%
International Primary School, 1 Child (Yearly)
$23.1K CA$32.6K
$12.9K PEN 44.4K
78.65%
👕👟 Clothing & Footwear
Toronto
Cerro de Pasco
Difference
Jeans (Levis 501 Or Similar)
$50.7 CA$71.7
$53.3 PEN 183
-4.82%
Summer Dress (H&M, Zara, etc)
$40.02 CA$56.6
$35.36 PEN 121
13.18%
Sport Shoes (Adidas, Nike)
$98.0 CA$139
$83.2 PEN 286
17.81%
Men's Leather Business Shoes
$121 CA$171
$77.6 PEN 267
55.44%
🏠 Accommodation & Living
Toronto
Cerro de Pasco
Difference
1-bedroom Apartment, City Center (Monthly)
$1,592 CA$2,251
-
-
1-bedroom Apartment, Outside City Center (Monthly)
$1,410 CA$1,994
-
-
3-bedroom Apartment, City Center (Monthly)
$2,670 CA$3,775
$408 PEN 1,400
555.16%
3-bedroom Apartment, Outside City Center (Monthly)
$2,152 CA$3,042
-
-
Buy Apartment in City Center (m2)
$7,945 CA$11.2K
-
-
Buy Apartment Outside City Center (m2)
$6,542 CA$9,249
-
-
💵 Salaries & Financials
Toronto
Cerro de Pasco
Difference
Average Monthly Net Salary (After Tax)
$3,727 CA$5,269
$470 PEN 1,616
692.20%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.47
8.94
-50.00%

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

Last update for Toronto: October 12, 2026

Last update for Cerro de Pasco: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Toronto
$1.4K
Cerro de Pasco
- * 100%
Groceries & Markets
Toronto
$340
Cerro de Pasco
$203 40.3% $137
Eating Out
Toronto
$278
Cerro de Pasco
$95 66% $184
Monthly Utilities & Internet
Toronto
$201
Cerro de Pasco
$117 41.7% $84
Clothing & Footwear
Toronto
$139
Cerro de Pasco
$112 19.4% $27
Getting Around
Toronto
$129
Cerro de Pasco
$14 * 89.2% $115
Sport & Entertainment
Toronto
$63
Cerro de Pasco
$14 * 77.4% $49

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries run about 692% 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 $76.0 in Toronto versus $29.00 in Cerro de Pasco. Monthly groceries follow the same trend: $340 vs $203 – making Cerro de Pasco the more affordable choice for daily food spending.

Good to know
🇨🇦 Toronto
🇵🇪 Cerro de Pasco
🕒 Local time
08:54 8:54 AM
07:54 7:54 AM
1 h behind Toronto
🌤 Weather
👥 Population
2,731,571
58,899
💱 Currency
Exchange rates and currency converter

PEN, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Peruvian Sol exchange rates as of October 17, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

On the map
Between locations
  • Toronto Cerro de Pasco 6,050 km ≈ 8 h nonstop flight
From you
  • Toronto
  • Cerro de Pasco

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 Cerro de Pasco: Cost of Living - Frequently Asked Questions
Is Cerro de Pasco cheaper than Toronto?
Yes – Toronto is pricier by about 362%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,841 per month in Toronto and $832 in Cerro de Pasco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Is eating out cheaper in Toronto or in Cerro de Pasco?
A mid-range dinner for two costs $76.0 in Toronto and $29.00 in Cerro de Pasco. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Toronto and in Cerro de Pasco?
Groceries cost about 67% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $1,500 a realistic budget for living in Toronto or in Cerro de Pasco?
A $1,500 monthly budget goes further in Cerro de Pasco, where all-in costs run around $555, than in Toronto at $2,561. In Cerro de Pasco it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.
Is Toronto or Cerro de Pasco more family-friendly?
Families tend to lean toward Cerro de Pasco – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Cerro de Pasco. 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.

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