Last update: Nov 2026

Cost of Living Comparison Between Toronto and Coro

For one person, living is cheaper in Coro: $585 a month against $2,599 in Toronto, rent and utilities included – about $24,200 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
28

Cost of Living Index in Coro
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Coro Living Index

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Toronto

🇨🇦 Canada

$2,599

/mo nomad

Coro

🇻🇪 Venezuela

$585

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Coro

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

Monthly costs for one person with rent: $2,599 in Toronto versus $585 in Coro.

Toronto $2,599
Coro $585

Estimated couple costs with rent: $3,700 in Toronto versus $1,030 in Coro.

Toronto $3,700
Coro $1,030

Monthly costs for a family of three with rent: $4,801 in Toronto versus $1,475 in Coro.

Toronto $4,801
Coro $1,475

Living in Toronto is roughly 344% more expensive than in Coro, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 92% above, Coro is 57% below.

Meal at Budget Restaurant

$17.98 CA$25.09

$5.88 VES 5,244

205.78%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

$29.86 VES 26.7K

142.00%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.11

$10.02 VES 8,945

8.08%

Cappuccino

$4.34 CA$6.06

$2.79 VES 2,493

55.56%

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

$2.16 CA$3.01

$1.42 VES 1,270

52.11%

Water (0.33 liter bottle)

$1.66 CA$2.31

$1.01 VES 899

64.36%

Local Beer (0.5 liter draught)

$6.35 CA$8.86

$1.26 VES 1,121

403.97%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.25

$3.04 VES 2,712

141.45%

Milk (1 liter)

$2.57 CA$3.59

$1.87 VES 1,672

37.43%

White Bread (500g)

$2.71 CA$3.78

$1.26 VES 1,127

115.08%

Rice (white) (1kg)

$2.28 CA$3.18

$1.38 VES 1,230

65.22%

Eggs

$3.60 CA$5.03

$1.83 VES 1,635

96.72%

Local Cheese (1kg)

$8.94 CA$12.48

$6.20 VES 5,535

44.19%

Chicken Fillets (1kg)

$11.19 CA$15.62

$6.91 VES 6,168

61.94%

Beef Round Steak (1kg)

$15.23 CA$21.25

$6.84 VES 6,104

122.66%

Apples (1kg)

$3.74 CA$5.23

$4.18 VES 3,734

-10.53%

Banana (1kg)

$1.23 CA$1.71

$1.46 VES 1,301

-15.75%

Oranges (1kg)

$3.58 CA$5.00

$0.62 VES 549

477.42%

Tomato (1kg)

$4.25 CA$5.93

$2.64 VES 2,356

60.98%

Potato (1kg)

$1.94 CA$2.71

$2.82 VES 2,521

-31.21%

Onion (1kg)

$1.67 CA$2.33

$2.01 VES 1,795

-16.92%

Lettuce (1 head)

$2.30 CA$3.21

$0.51 VES 458

350.98%

Water (1.5 liter bottle)

$1.26 CA$1.76

$1.98 VES 1,768

-36.36%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.81

$1.94 VES 1,734

631.44%

Wine (Bottle)

$14.25 CA$19.89

$10.19 VES 9,099

39.84%

Local Beer (0.5 liter bottle)

$2.28 CA$3.18

$1.36 VES 1,213

67.65%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.61

$1.23 VES 1,100

109.76%

One-way Ticket (Public Transport)

$2.35 CA$3.29

$0.32 VES 283

634.38%

Public Transport Monthly Pass (Regular Price)

$111 CA$155

$22.05 VES 19.7K

403.31%

Taxi Start (Normal Tariff)

$3.01 CA$4.21

$2.96 VES 2,642

1.69%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

$1.48 VES 1,322

-17.57%

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.47

$6.10 VES 5,445

257.70%

Gasoline (1 liter)

$1.23 CA$1.72

$0.48 VES 424

156.25%

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

$27.0K CA$37.6K

$27.9K VES 24.9M

-3.40%

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

$21.8K CA$30.5K

$35.5K VES 31.7M

-38.52%

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

$121 CA$169

$9.88 VES 8,815

1122.47%

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

$33.10 CA$46.21

$8.70 VES 7,766

280.46%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.5

$25.42 VES 22.7K

93.12%

Gym Membership (Monthly)

$36.65 CA$51.2

$9.90 VES 8,838

270.20%

Tennis Court (1 Hour on Weekend)

$25.01 CA$34.91

$12.16 VES 10.9K

105.67%

Cinema Ticket

$12.78 CA$17.84

$1.96 VES 1,754

552.04%

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

$754 CA$1,053

$34.95 VES 31.2K

2058.63%

International Primary School, 1 Child (Yearly)

$33.7K CA$47.0K

$2,982 VES 2.7M

1029.66%

Jeans (Levis 501 Or Similar)

$50.4 CA$70.3

$25.26 VES 22.5K

99.49%

Summer Dress (H&M, Zara, etc)

$41.43 CA$57.8

$46.44 VES 41.5K

-10.79%

Sport Shoes (Adidas, Nike)

$101 CA$141

$79.6 VES 71.1K

27.16%

Men's Leather Business Shoes

$130 CA$182

$47.53 VES 42.4K

174.00%

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,219

$119 VES 106.0K

1239.07%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,988

$40.29 VES 36.0K

3435.00%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,687

$407 VES 363.2K

549.06%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,918

$180 VES 160.3K

1063.60%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

$605 VES 540.3K

1177.03%

Buy Apartment Outside City Center (m2)

$6,892 CA$9,620

$732 VES 653.3K

841.70%

Average Monthly Net Salary (After Tax)

$3,623 CA$5,057

$134 VES 119.6K

2604.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

-77.75%

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

Last update for Toronto: November 2, 2026

Last update for Coro: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Coro

$40 6.9% 97.2% $1.4K

Groceries & Markets

Toronto

$345 13.3%

Coro

$231 39.5% 33% $114

Eating Out

Toronto

$290 11.2%

Coro

$133 22.7% 54.3% $157

Monthly Utilities & Internet

Toronto

$203 7.8%

Coro

$44 7.5% 78.3% $159

Clothing & Footwear

Toronto

$145 5.6%

Coro

$89 15.3% 38.5% $56

Getting Around

Toronto

$130 5%

Coro

$34 5.8% 74% $96

Sport & Entertainment

Toronto

$62 2.4%

Coro

$14 2.4% 77.8% $48

Cost Breakdown

A one-bedroom apartment in the center runs $1,590 in Toronto and $119 in Coro. Housing cost is often the main lever when comparing two cities.

Toronto pays about 27 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Toronto vs $30 in Coro for a mid-range dinner for two. Groceries echo the gap at $345 vs $231 per month, with Coro cheaper across the board.

Good to know

🇨🇦 Toronto

🇻🇪 Coro

🕒 Local time

13:59 1:59 PM

14:59 2:59 PM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

211,266

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

10,000 VES = 11.2 USD

10,000 VES = 9.97 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 5, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

Venezuelan Bolívar exchange rates as of November 5, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,003 VES (10,000 VES = 9.97 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Coro 3,710 km ≈ 5 h nonstop flight

From you

Toronto
Coro

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 Coro: Cost of Living - Frequently Asked Questions

Coro wins on cost – living expenses run 77% lower than in Toronto. Housing and daily spending are where you’ll feel the difference most, making Coro the obvious pick if budget is a priority.

Average pay in Toronto is about 27 times higher, 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: $1,590 in Toronto versus $119 in Coro. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,599 per month in Toronto versus $585 in Coro – Coro is about 77% cheaper, which adds up to real savings over time.

A monthly transit pass in Coro runs roughly 80% less than in Toronto. The price difference matters if you commute daily and watch your budget.

At $585 in Coro versus $2,599 in Toronto, a $800 budget is realistic in Coro but tight or insufficient in Toronto. The gap between the two cities makes Coro 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.

Expats usually find Coro gentler on the wallet – expenses run 77% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.