Last update: Oct 2026

Cost of Living Comparison Between Toronto and Cozumel

For one person, living is cheaper in Cozumel: $1,167 a month against $2,530 in Toronto, rent and utilities included – about $16,400 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
57

Cost of Living Index in Cozumel
Learn more

Cozumel Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Cozumel

🇲🇽 Mexico

$1,167

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Cozumel

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

Monthly costs for one person with rent: $2,530 in Toronto versus $1,167 in Cozumel.

Toronto $2,530
Cozumel $1,167

Estimated couple costs with rent: $3,646 in Toronto versus $1,884 in Cozumel.

Toronto $3,646
Cozumel $1,884

Monthly costs for a family of three with rent: $4,761 in Toronto versus $2,602 in Cozumel.

Toronto $4,761
Cozumel $2,602

Living in Toronto is roughly 117% more expensive than in Cozumel, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 89% above, Cozumel is 13% below.

Meal at Budget Restaurant

$17.67 CA$25.13

$8.71 MX$158

102.87%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$45.03 MX$819

71.84%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.90

$8.23 MX$150

27.22%

Cappuccino

$4.08 CA$5.80

$2.79 MX$50.7

46.24%

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

$2.12 CA$3.01

$1.11 MX$20.20

90.99%

Water (0.33 liter bottle)

$1.76 CA$2.50

$1.02 MX$18.62

72.55%

Local Beer (0.5 liter draught)

$6.17 CA$8.78

$1.69 MX$30.74

265.09%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.80

$3.17 MX$57.7

117.35%

Milk (1 liter)

$2.43 CA$3.46

$1.43 MX$26.05

69.93%

White Bread (500g)

$2.75 CA$3.91

$1.64 MX$29.92

67.68%

Rice (white) (1kg)

$2.23 CA$3.17

$1.76 MX$32.02

26.70%

Eggs

$3.45 CA$4.90

$1.89 MX$34.40

82.54%

Local Cheese (1kg)

$8.93 CA$12.71

$10.33 MX$188

-13.55%

Chicken Fillets (1kg)

$11.44 CA$16.27

$8.06 MX$147

41.94%

Beef Round Steak (1kg)

$14.61 CA$20.78

$12.85 MX$234

13.70%

Apples (1kg)

$3.75 CA$5.33

$2.47 MX$44.91

51.82%

Banana (1kg)

$1.15 CA$1.63

$1.40 MX$25.46

-17.86%

Oranges (1kg)

$3.55 CA$5.05

$2.13 MX$38.71

66.67%

Tomato (1kg)

$4.28 CA$6.09

$1.53 MX$27.90

179.74%

Potato (1kg)

$1.85 CA$2.62

$2.24 MX$40.74

-17.41%

Onion (1kg)

$1.67 CA$2.37

$1.77 MX$32.13

-5.65%

Lettuce (1 head)

$2.22 CA$3.15

$1.46 MX$26.57

52.05%

Water (1.5 liter bottle)

$1.21 CA$1.72

$1.20 MX$21.83

0.83%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.74

$4.43 MX$80.6

213.32%

Wine (Bottle)

$14.25 CA$20.27

$10.96 MX$199

30.02%

Local Beer (0.5 liter bottle)

$2.20 CA$3.12

$1.54 MX$27.97

42.86%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.44

$2.57 MX$46.70

-5.84%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$0.69 MX$12.47

250.72%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$67.2 MX$1,222

64.84%

Taxi Start (Normal Tariff)

$2.90 CA$4.12

$2.84 MX$51.6

2.11%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.79

$1.97 MX$35.87

-36.04%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.33

$9.29 MX$169

137.14%

Gasoline (1 liter)

$1.22 CA$1.74

$1.37 MX$24.88

-10.95%

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

$27.6K CA$39.3K

$20.5K MX$373.6K

34.54%

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

$19.8K CA$28.2K

$24.3K MX$442.7K

-18.56%

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

$122 CA$173

$59.7 MX$1,087

104.02%

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

$32.03 CA$45.56

$20.99 MX$382

52.60%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.2

$22.26 MX$405

115.27%

Gym Membership (Monthly)

$38.90 CA$55.3

$39.08 MX$711

-0.46%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.05

$20.46 MX$372

13.59%

Cinema Ticket

$12.61 CA$17.94

$6.13 MX$112

105.71%

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

$834 CA$1,186

$261 MX$4,745

219.73%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.2K

$3,671 MX$66.8K

535.77%

Jeans (Levis 501 Or Similar)

$52.6 CA$74.8

$54.3 MX$988

-3.13%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.3

$54.2 MX$985

-25.66%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$104 MX$1,893

-7.57%

Men's Leather Business Shoes

$123 CA$175

$84.7 MX$1,541

45.13%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,273

$606 MX$11.0K

163.70%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,041

$399 MX$7,259

259.53%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,779

$1,619 MX$29.4K

64.14%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,981

$767 MX$13.9K

173.34%

Buy Apartment in City Center (m2)

$8,033 CA$11.4K

$1,922 MX$35.0K

317.89%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,327

$1,163 MX$21.2K

463.65%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,324

$662 MX$12.0K

465.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

11.64

-61.60%

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

Last update for Toronto: October 4, 2026

Last update for Cozumel: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Cozumel

$399 33.9% 72.2% $1K

Groceries & Markets

Toronto

$340 13.1%

Cozumel

$257 21.8% 24.3% $83

Eating Out

Toronto

$282 10.9%

Cozumel

$151 12.8% 46.4% $131

Monthly Utilities & Internet

Toronto

$202 7.8%

Cozumel

$103 8.7% 49% $99

Clothing & Footwear

Toronto

$140 5.4%

Cozumel

$134 11.4% 4.7% $6.6

Getting Around

Toronto

$130 5%

Cozumel

$83 7% 36.3% $47

Sport & Entertainment

Toronto

$64 2.5%

Cozumel

$51 4.4% 19.9% $13

Cost Breakdown

A one-bedroom apartment in the center runs $1,598 in Toronto and $606 in Cozumel. Housing cost is often the main lever when comparing two cities.

Toronto pays 465% 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: $77.0 in Toronto vs $45.00 in Cozumel for a mid-range dinner for two. Groceries echo the gap at $340 vs $257 per month, with Cozumel cheaper across the board.

Good to know

🇨🇦 Toronto

🇲🇽 Cozumel

🕒 Local time

22:53 10:53 PM

21:53 9:53 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

77,236

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.627 EUR

100 MXN = 5.5 USD

100 MXN = 4.9 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 = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.6 CAD (1 CAD = 0.627 EUR).

Mexican Peso exchange rates as of October 10, 2026: 1 USD = 18.19 MXN (100 MXN = 5.5 USD). 1 EUR = 20.4 MXN (100 MXN = 4.9 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Cozumel 2,680 km ≈ 3 h 45 min nonstop flight

From you

Toronto
Cozumel

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 Cozumel: Cost of Living - Frequently Asked Questions

Toronto and Cozumel differ by about 117% in total monthly costs ($2,530 vs $1,167 including rent). Cozumel is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 465% 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: $1,598 in Toronto versus $606 in Cozumel. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 32% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Cozumel – a meal for two runs $45.00 versus $77.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,167 in Cozumel versus $2,530 in Toronto, a $2,000 budget is realistic in Cozumel but tight or insufficient in Toronto. The gap between the two cities makes Cozumel 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 Cozumel 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 Cozumel gentler on the wallet – expenses run 117% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.