Last update: Oct 2026

Cost of Living Comparison Between Toronto and Cranbrook

For one person, living is cheaper in Cranbrook: $2,231 a month against $2,589 in Toronto, rent and utilities included – about $4,300 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
107

Cost of Living Index in Cranbrook
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Cranbrook Living Index

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Toronto

🇨🇦 Canada

$2,589

/mo nomad

Cranbrook

🇨🇦 Canada

$2,231

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Cranbrook

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

Monthly costs for one person with rent: $2,589 in Toronto versus $2,231 in Cranbrook.

Toronto $2,589
Cranbrook $2,231

Estimated couple costs with rent: $3,710 in Toronto versus $3,017 in Cranbrook.

Toronto $3,710
Cranbrook $3,017

Monthly costs for a family of three with rent: $4,831 in Toronto versus $3,804 in Cranbrook.

Toronto $4,831
Cranbrook $3,804

Living in Toronto is roughly 16% more expensive than in Cranbrook, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Toronto 90% above, Cranbrook 64% above.

Meal at Budget Restaurant

$17.60 CA$24.59

$14.16 CA$19.78

24.29%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$67.2 CA$93.8

15.86%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.79

$10.12 CA$14.14

4.64%

Cappuccino

$4.16 CA$5.81

$3.99 CA$5.57

4.26%

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

$2.04 CA$2.86

$1.83 CA$2.56

11.48%

Water (0.33 liter bottle)

$1.75 CA$2.45

$1.77 CA$2.47

-1.13%

Local Beer (0.5 liter draught)

$6.58 CA$9.19

$5.12 CA$7.16

28.52%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.94

$5.67 CA$7.92

25.40%

Milk (1 liter)

$2.53 CA$3.54

$1.84 CA$2.57

37.50%

White Bread (500g)

$2.70 CA$3.78

$2.43 CA$3.39

11.11%

Rice (white) (1kg)

$2.24 CA$3.13

$4.47 CA$6.24

-49.89%

Eggs

$3.48 CA$4.87

$3.54 CA$4.94

-1.69%

Local Cheese (1kg)

$9.38 CA$13.10

$10.04 CA$14.03

-6.57%

Chicken Fillets (1kg)

$11.60 CA$16.21

$12.51 CA$17.48

-7.27%

Beef Round Steak (1kg)

$14.68 CA$20.52

$13.03 CA$18.21

12.66%

Apples (1kg)

$3.74 CA$5.23

$3.44 CA$4.81

8.72%

Banana (1kg)

$1.22 CA$1.71

$1.29 CA$1.80

-5.43%

Oranges (1kg)

$3.48 CA$4.86

$2.78 CA$3.88

25.18%

Tomato (1kg)

$4.32 CA$6.04

$4.56 CA$6.38

-5.26%

Potato (1kg)

$1.85 CA$2.59

$3.67 CA$5.13

-49.59%

Onion (1kg)

$1.69 CA$2.36

$3.13 CA$4.38

-46.01%

Lettuce (1 head)

$2.23 CA$3.11

$3.18 CA$4.44

-29.87%

Water (1.5 liter bottle)

$1.28 CA$1.78

$1.77 CA$2.47

-27.68%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.62

$11.89 CA$16.62

18.08%

Wine (Bottle)

$14.43 CA$20.16

$14.25 CA$19.91

1.26%

Local Beer (0.5 liter bottle)

$2.16 CA$3.01

$3.14 CA$4.39

-31.21%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.53

$3.82 CA$5.34

-34.03%

One-way Ticket (Public Transport)

$2.37 CA$3.31

$1.41 CA$1.97

68.09%

Public Transport Monthly Pass (Regular Price)

$112 CA$157

Taxi Start (Normal Tariff)

$3.04 CA$4.25

$3.55 CA$4.96

-14.37%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.73

$2.88 CA$4.03

-56.94%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.51

$42.89 CA$59.9

-47.42%

Gasoline (1 liter)

$1.24 CA$1.74

$1.12 CA$1.57

10.71%

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

$26.9K CA$37.6K

$25.0K CA$34.9K

7.65%

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

$21.4K CA$29.9K

$21.0K CA$29.4K

1.62%

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

$125 CA$174

$176 CA$246

-29.33%

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

$33.05 CA$46.19

$18.11 CA$25.31

82.50%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.0

$60.3 CA$84.3

-20.50%

Gym Membership (Monthly)

$36.69 CA$51.3

$28.38 CA$39.65

29.28%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.07

Cinema Ticket

$13.08 CA$18.27

$14.24 CA$19.89

-8.15%

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

$759 CA$1,060

$863 CA$1,205

-12.02%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.2K

$3,601 CA$5,032

560.41%

Jeans (Levis 501 Or Similar)

$53.5 CA$74.8

$43.66 CA$61.0

22.63%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.5

$50.8 CA$71.0

-20.36%

Sport Shoes (Adidas, Nike)

$100 CA$140

$77.2 CA$108

30.10%

Men's Leather Business Shoes

$125 CA$175

$120 CA$168

4.36%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,277

$1,063 CA$1,485

53.32%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,978

$1,153 CA$1,611

22.78%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,765

$1,679 CA$2,346

60.47%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,936

$1,422 CA$1,987

47.75%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

Buy Apartment Outside City Center (m2)

$6,674 CA$9,325

Average Monthly Net Salary (After Tax)

$3,543 CA$4,951

$2,933 CA$4,099

20.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

4.85

-8.25%

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

Last update for Toronto: October 26, 2026

Last update for Cranbrook: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Cranbrook

$1.2K 51.7% 18.6% $263

Groceries & Markets

Toronto

$345 13.3%

Cranbrook

$368 16.5% 6.8% $24

Eating Out

Toronto

$285 11%

Cranbrook

$243 10.9% 14.7% $42

Monthly Utilities & Internet

Toronto

$206 7.9%

Cranbrook

$255 11.4% 23.9% $49

Clothing & Footwear

Toronto

$144 5.6%

Cranbrook

$131 5.9% 8.8% $13

Getting Around

Toronto

$131 5.1%

Cranbrook

$24 * 1.1% 82% $108

Sport & Entertainment

Toronto

$63 2.4%

Cranbrook

$57 2.6% 9.5% $6

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,630 in Toronto and $1,063 in Cranbrook. Housing cost is often the main lever when comparing two cities.

Toronto pays 21% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $78 in Toronto vs $67 in Cranbrook. Groceries flip the comparison at $345 vs $368, with Toronto cheaper for home cooking.

Good to know

🇨🇦 Toronto

🇨🇦 Cranbrook

🕒 Local time

13:21 1:21 PM

12:21 12:21 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

20,047

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

Exchange rates and currency converter

On the map

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Between locations

Toronto Cranbrook 2,830 km ≈ 4 h nonstop flight

From you

Toronto
Cranbrook

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 Cranbrook: Cost of Living - Frequently Asked Questions

Cranbrook wins on cost – living expenses run 14% lower than in Toronto. Housing and daily spending are where you’ll feel the difference most, making Cranbrook the obvious pick if budget is a priority.

Average pay runs 21% 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: $1,630 in Toronto versus $1,063 in Cranbrook. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $759 in Toronto versus $863 in Cranbrook. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Cranbrook – a meal for two runs $67 versus $78 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $2,000. Cranbrook is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

It comes down to priorities – Cranbrook wins on affordability, Toronto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.