Last update: Oct 2026

Cost of Living Comparison Between Toronto and Cusco

For one person, living is cheaper in Cusco: $688 a month against $2,530 in Toronto, rent and utilities included – about $22,100 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
33

Cost of Living Index in Cusco
Learn more

Cusco Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Cusco

🇵🇪 Peru

$688

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Cusco

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

Monthly costs for one person with rent: $2,530 in Toronto versus $688 in Cusco.

Toronto $2,530
Cusco $688

Estimated couple costs with rent: $3,646 in Toronto versus $1,096 in Cusco.

Toronto $3,646
Cusco $1,096

Monthly costs for a family of three with rent: $4,761 in Toronto versus $1,505 in Cusco.

Toronto $4,761
Cusco $1,505

Living in Toronto is roughly 268% more expensive than in Cusco, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 89% above, Cusco is 49% below.

Meal at Budget Restaurant

$17.67 CA$25.13

$1.99 PEN 6.85

787.94%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$20.55 PEN 70.7

276.55%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.90

$6.70 PEN 23.04

56.27%

Cappuccino

$4.08 CA$5.80

$2.11 PEN 7.24

93.36%

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

$2.12 CA$3.01

$0.78 PEN 2.69

171.79%

Water (0.33 liter bottle)

$1.76 CA$2.50

$0.33 PEN 1.13

433.33%

Local Beer (0.5 liter draught)

$6.17 CA$8.78

$1.72 PEN 5.92

258.72%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.80

$4.33 PEN 14.90

59.12%

Milk (1 liter)

$2.43 CA$3.46

$1.24 PEN 4.27

95.97%

White Bread (500g)

$2.75 CA$3.91

$2.32 PEN 7.97

18.53%

Rice (white) (1kg)

$2.23 CA$3.17

$1.29 PEN 4.43

72.87%

Eggs

$3.45 CA$4.90

$3.63 PEN 12.48

-4.96%

Local Cheese (1kg)

$8.93 CA$12.71

$4.69 PEN 16.14

90.41%

Chicken Fillets (1kg)

$11.44 CA$16.27

$4.43 PEN 15.24

158.24%

Beef Round Steak (1kg)

$14.61 CA$20.78

$7.37 PEN 25.35

98.24%

Apples (1kg)

$3.75 CA$5.33

$2.55 PEN 8.78

47.06%

Banana (1kg)

$1.15 CA$1.63

$0.77 PEN 2.63

49.35%

Oranges (1kg)

$3.55 CA$5.05

$1.47 PEN 5.04

141.50%

Tomato (1kg)

$4.28 CA$6.09

$0.85 PEN 2.94

403.53%

Potato (1kg)

$1.85 CA$2.62

$1.02 PEN 3.52

81.37%

Onion (1kg)

$1.67 CA$2.37

$1.10 PEN 3.80

51.82%

Lettuce (1 head)

$2.22 CA$3.15

$0.49 PEN 1.67

353.06%

Water (1.5 liter bottle)

$1.21 CA$1.72

$0.75 PEN 2.58

61.33%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.74

Wine (Bottle)

$14.25 CA$20.27

$5.93 PEN 20.41

140.30%

Local Beer (0.5 liter bottle)

$2.20 CA$3.12

$1.85 PEN 6.38

18.92%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.44

$4.12 PEN 14.16

-41.26%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$0.30 PEN 1.04

706.67%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.12

$1.72 PEN 5.91

68.60%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.79

$1.93 PEN 6.65

-34.72%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.33

$2.82 PEN 9.69

681.21%

Gasoline (1 liter)

$1.22 CA$1.74

$1.57 PEN 5.42

-22.29%

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

$27.6K CA$39.3K

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

$19.8K CA$28.2K

$28.9K PEN 99.5K

-31.50%

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

$122 CA$173

$29.31 PEN 101

315.83%

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

$32.03 CA$45.56

$14.31 PEN 49.22

123.83%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.2

$44.13 PEN 152

8.59%

Gym Membership (Monthly)

$38.90 CA$55.3

$28.51 PEN 98.1

36.44%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.05

Cinema Ticket

$12.61 CA$17.94

$4.26 PEN 14.64

196.01%

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

$834 CA$1,186

International Primary School, 1 Child (Yearly)

$23.3K CA$33.2K

Jeans (Levis 501 Or Similar)

$52.6 CA$74.8

$37.39 PEN 129

40.68%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.3

$33.43 PEN 115

20.43%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$54.4 PEN 187

76.94%

Men's Leather Business Shoes

$123 CA$175

$72.2 PEN 248

70.21%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,273

$218 PEN 748

634.54%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,041

$191 PEN 657

651.78%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,779

$538 PEN 1,849

394.29%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,981

$416 PEN 1,431

403.85%

Buy Apartment in City Center (m2)

$8,033 CA$11.4K

$3,249 PEN 11.2K

147.25%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,327

$1,823 PEN 6,270

259.76%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,324

$433 PEN 1,490

764.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

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

Last update for Toronto: October 4, 2026

Last update for Cusco: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Cusco

$191 27.8% 86.7% $1.2K

Groceries & Markets

Toronto

$340 13.1%

Cusco

$187 27.2% 45.1% $153

Eating Out

Toronto

$282 10.9%

Cusco

$83 12.1% 70.6% $199

Monthly Utilities & Internet

Toronto

$202 7.8%

Cusco

$88 12.8% 56.5% $114

Clothing & Footwear

Toronto

$140 5.4%

Cusco

$89 12.9% 36.7% $52

Getting Around

Toronto

$130 5%

Cusco

$13 * 1.8% 90.3% $117

Sport & Entertainment

Toronto

$64 2.5%

Cusco

$37 5.4% 42.2% $27

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 $1,598 in Toronto and $218 in Cusco. Housing cost is often the main lever when comparing two cities.

Toronto pays 764% 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 $21.00 in Cusco for a mid-range dinner for two. Groceries echo the gap at $340 vs $187 per month, with Cusco cheaper across the board.

Good to know

🇨🇦 Toronto

🇵🇪 Cusco

🕒 Local time

22:46 10:46 PM

21:46 9:46 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

428,450

💱 Currency

Canadian Dollar CAD $

Peruvian Sol PEN S/

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.627 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, 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).

Peruvian Sol exchange rates as of October 10, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Cusco 6,400 km ≈ 9 h nonstop flight

From you

Toronto
Cusco

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 Cusco: Cost of Living - Frequently Asked Questions

Cusco is cheaper overall, especially in groceries, eating out, and clothing. The 268% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 764% 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 $218 in Cusco. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 82% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Cusco – a meal for two runs $21.00 versus $77.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $688 in Cusco versus $2,530 in Toronto, a $1,500 budget is realistic in Cusco but tight or insufficient in Toronto. The gap between the two cities makes Cusco the clear choice for anyone on this budget.

For families, Cusco is more practical. Housing and childcare are both notably cheaper than in Toronto, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Cusco gentler on the wallet – expenses run 268% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.