Last update: Oct 2026

Cost of Living Comparison Between Toronto and Colima

For one person, living is cheaper in Colima: $952 a month against $2,561 in Toronto, rent and utilities included – about $19,300 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
46

Cost of Living Index in Colima
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Colima Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Colima

🇲🇽 Mexico

$952

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Colima

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

Monthly costs for one person with rent: $2,561 in Toronto versus $952 in Colima.

Toronto $2,561
Colima $952

Estimated couple costs with rent: $3,694 in Toronto versus $1,562 in Colima.

Toronto $3,694
Colima $1,562

Monthly costs for a family of three with rent: $4,826 in Toronto versus $2,173 in Colima.

Toronto $4,826
Colima $2,173

Living in Toronto is roughly 169% more expensive than in Colima, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 90% above, Colima is 29% below.

Meal at Budget Restaurant

$17.18 CA$24.29

$7.58 MX$140

126.65%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$33.52 MX$619

126.64%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$7.16 MX$132

47.21%

Cappuccino

$4.02 CA$5.68

$2.24 MX$41.33

79.46%

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

$2.12 CA$3.00

$1.00 MX$18.48

112.00%

Water (0.33 liter bottle)

$1.75 CA$2.48

$0.84 MX$15.45

108.33%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$2.23 MX$41.16

179.82%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$2.45 MX$45.24

189.39%

Milk (1 liter)

$2.44 CA$3.45

$1.55 MX$28.57

57.42%

White Bread (500g)

$2.68 CA$3.78

$2.64 MX$48.76

1.52%

Rice (white) (1kg)

$2.24 CA$3.17

$1.21 MX$22.40

85.12%

Eggs

$3.56 CA$5.03

$2.76 MX$51.0

28.99%

Local Cheese (1kg)

$9.09 CA$12.85

$8.01 MX$148

13.48%

Chicken Fillets (1kg)

$11.33 CA$16.01

$8.35 MX$154

35.69%

Beef Round Steak (1kg)

$14.53 CA$20.55

$9.86 MX$182

47.36%

Apples (1kg)

$3.62 CA$5.12

$2.85 MX$52.7

27.02%

Banana (1kg)

$1.21 CA$1.72

$1.44 MX$26.63

-15.97%

Oranges (1kg)

$3.60 CA$5.09

$1.78 MX$32.82

102.25%

Tomato (1kg)

$4.21 CA$5.96

$2.26 MX$41.70

86.28%

Potato (1kg)

$1.79 CA$2.53

$2.30 MX$42.50

-22.17%

Onion (1kg)

$1.59 CA$2.25

$2.30 MX$42.58

-30.87%

Lettuce (1 head)

$2.27 CA$3.21

$1.43 MX$26.36

58.74%

Water (1.5 liter bottle)

$1.25 CA$1.77

$1.09 MX$20.09

14.68%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$3.61 MX$66.8

282.83%

Wine (Bottle)

$14.27 CA$20.18

$6.76 MX$125

111.09%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$1.56 MX$28.83

41.03%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$1.77 MX$32.64

37.29%

One-way Ticket (Public Transport)

$2.39 CA$3.38

$0.63 MX$11.73

279.37%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

$19.51 MX$361

468.58%

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$2.40 MX$44.35

21.25%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$2.82 MX$52.1

-57.45%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$9.41 MX$174

127.21%

Gasoline (1 liter)

$1.21 CA$1.71

$1.43 MX$26.45

-15.38%

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

$28.2K CA$39.8K

$20.9K MX$386.3K

34.78%

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

$20.3K CA$28.6K

$22.7K MX$419.1K

-10.69%

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

$120 CA$170

$64.9 MX$1,198

85.55%

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

$32.26 CA$45.60

$20.24 MX$374

59.39%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$29.71 MX$549

61.33%

Gym Membership (Monthly)

$38.48 CA$54.4

$35.28 MX$652

9.07%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

$21.72 MX$401

5.71%

Cinema Ticket

$12.38 CA$17.50

$4.63 MX$85.6

167.39%

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

$830 CA$1,173

$147 MX$2,712

465.59%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$2,496 MX$46.1K

825.16%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$45.09 MX$833

12.46%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$25.11 MX$464

59.38%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$74.1 MX$1,369

32.25%

Men's Leather Business Shoes

$121 CA$171

$102 MX$1,884

18.34%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$262 MX$4,849

506.79%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$261 MX$4,831

439.52%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$369 MX$6,826

622.80%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$589 MX$10.9K

265.39%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

$287 MX$5,301

1199.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

11.3

-60.44%

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

Last update for Toronto: October 12, 2026

Last update for Colima: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Colima

$261 27.5% 81.5% $1.1K

Groceries & Markets

Toronto

$340 13.3%

Colima

$250 26.2% 26.6% $90

Eating Out

Toronto

$278 10.9%

Colima

$132 13.9% 52.4% $146

Monthly Utilities & Internet

Toronto

$201 7.8%

Colima

$115 12.1% 42.8% $86

Clothing & Footwear

Toronto

$139 5.4%

Colima

$111 11.6% 20.4% $28

Getting Around

Toronto

$129 5.1%

Colima

$39 4.1% 70.2% $91

Sport & Entertainment

Toronto

$63 2.5%

Colima

$45 4.7% 29.5% $19

Cost Breakdown

A one-bedroom apartment in the center runs $1,592 in Toronto and $262 in Colima. Housing cost is often the main lever when comparing two cities.

Toronto pays 1199% 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: $76.0 in Toronto vs $34.00 in Colima for a mid-range dinner for two. Groceries echo the gap at $340 vs $250 per month, with Colima cheaper across the board.

Good to know

🇨🇦 Toronto

🇲🇽 Colima

🕒 Local time

22:22 10:22 PM

20:22 8:22 PM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

146,965

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 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 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Mexican Peso exchange rates as of October 18, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Colima 3,540 km ≈ 5 h nonstop flight

From you

Toronto
Colima

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 Colima: Cost of Living - Frequently Asked Questions

Toronto and Colima differ by about 169% in total monthly costs ($2,561 vs $952 including rent). Colima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 1199% 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: $1,592 in Toronto versus $262 in Colima. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Colima runs roughly 469% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $830 in Toronto versus $147 in Colima. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $952 in Colima versus $2,561 in Toronto, a $2,000 budget is realistic in Colima but tight or insufficient in Toronto. The gap between the two cities makes Colima 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.

Safety-wise, Toronto and Colima are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Colima gentler on the wallet – expenses run 169% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.