Last update: Oct 2026

Cost of Living Comparison Between Toronto and Elkhorn, WI

For one person, living is cheaper in Elkhorn, WI: $2,421 a month against $2,561 in Toronto, rent and utilities included – about $1,700 less a year. Other living expenses account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
115

Cost of Living Index in Elkhorn, WI
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Elkhorn, WI Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Elkhorn, WI

🇺🇸 United States

$2,421

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Elkhorn, WI

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

A single person spends $2,561 per month in Toronto vs $2,421 in Elkhorn, WI, rent included.

Toronto $2,561
Elkhorn, WI $2,421

A couple spends around $3,694 per month in Toronto vs $3,426 in Elkhorn, WI, rent included.

Toronto $3,694
Elkhorn, WI $3,426

A family of three spends $4,826 per month in Toronto vs $4,430 in Elkhorn, WI, rent included.

Toronto $4,826
Elkhorn, WI $4,430

Toronto costs about 6% more than Elkhorn, WI, and outside of rent the biggest gap is in transport.

Both Toronto and Elkhorn, WI sit above the global median – Toronto by 90%, Elkhorn, WI by 79%.

Meal at Budget Restaurant

$17.18 CA$24.29

$14.73 $14.73

16.63%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$78.9 $78.9

-3.65%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$11.79 $11.79

-10.60%

Cappuccino

$4.02 CA$5.68

$4.16 $4.16

-3.37%

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

$2.12 CA$3.00

$2.52 $2.52

-15.87%

Water (0.33 liter bottle)

$1.75 CA$2.48

$1.46 $1.46

19.86%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$3.59 $3.59

73.82%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$4.81 $4.81

47.40%

Milk (1 liter)

$2.44 CA$3.45

$0.72 $0.72

238.89%

White Bread (500g)

$2.68 CA$3.78

$2.79 $2.79

-3.94%

Rice (white) (1kg)

$2.24 CA$3.17

$1.84 $1.84

21.74%

Eggs

$3.56 CA$5.03

$4.68 $4.68

-23.93%

Local Cheese (1kg)

$9.09 CA$12.85

$9.70 $9.70

-6.29%

Chicken Fillets (1kg)

$11.33 CA$16.01

$14.51 $14.51

-21.92%

Beef Round Steak (1kg)

$14.53 CA$20.55

$12.25 $12.25

18.61%

Apples (1kg)

$3.62 CA$5.12

$4.84 $4.84

-25.21%

Banana (1kg)

$1.21 CA$1.72

$1.26 $1.26

-3.97%

Oranges (1kg)

$3.60 CA$5.09

$3.51 $3.51

2.56%

Tomato (1kg)

$4.21 CA$5.96

$4.26 $4.26

-1.17%

Potato (1kg)

$1.79 CA$2.53

$2.63 $2.63

-31.94%

Onion (1kg)

$1.59 CA$2.25

$2.11 $2.11

-24.64%

Lettuce (1 head)

$2.27 CA$3.21

$1.93 $1.93

17.62%

Water (1.5 liter bottle)

$1.25 CA$1.77

$1.97 $1.97

-36.55%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$9.70 $9.70

42.47%

Wine (Bottle)

$14.27 CA$20.18

$11.76 $11.76

21.34%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$2.52 $2.52

-12.70%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$2.46 $2.46

-1.22%

One-way Ticket (Public Transport)

$2.39 CA$3.38

$2.05 $2.05

16.59%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$3.26 $3.26

-10.74%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$1.42 $1.42

-15.49%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$24.35 $24.35

-12.20%

Gasoline (1 liter)

$1.21 CA$1.71

$0.98 $0.98

23.47%

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

$28.2K CA$39.8K

$36.2K $36.2K

-22.07%

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

$20.3K CA$28.6K

$26.2K $26.2K

-22.75%

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

$120 CA$170

$149 $149

-19.40%

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

$32.26 CA$45.60

$69.5 $69.5

-53.56%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$50.5 $50.5

-5.11%

Gym Membership (Monthly)

$38.48 CA$54.4

$44.68 $44.68

-13.88%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$12.38 CA$17.50

$9.74 $9.74

27.10%

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

$830 CA$1,173

$1,545 $1,545

-46.28%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$31.5K $31.5K

-26.73%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$50.5 $50.5

0.44%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$45.27 $45.27

-11.60%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$66.2 $66.2

47.95%

Men's Leather Business Shoes

$121 CA$171

$94.8 $94.8

27.28%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$1,615 $1,615

-1.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$1,356 $1,356

4.00%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$2,491 $2,491

7.18%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$1,967 $1,967

9.37%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

$2,650 $2,650

199.87%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

$2,078 $2,078

214.84%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

$3,841 $3,841

-2.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.75

-33.78%

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

Last update for Toronto: October 12, 2026

Last update for Elkhorn, WI: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Elkhorn, WI

$1.4K 56% 3.8% $54

Groceries & Markets

Toronto

$340 13.3%

Elkhorn, WI

$351 14.5% 3.4% $11

Eating Out

Toronto

$278 10.9%

Elkhorn, WI

$247 10.2% 11.4% $32

Monthly Utilities & Internet

Toronto

$201 7.8%

Elkhorn, WI

$269 11.1% 34.3% $69

Clothing & Footwear

Toronto

$139 5.4%

Elkhorn, WI

$116 4.8% 17% $24

Getting Around

Toronto

$129 5.1%

Elkhorn, WI

$19 * 0.8% 85.7% $111

Sport & Entertainment

Toronto

$63 2.5%

Elkhorn, WI

$64 2.7% 1.5% $0.9

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

Cost Breakdown

A central one-bedroom costs $1,592 in Toronto versus $1,615 in Elkhorn, WI. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 3% higher in Elkhorn, WI, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $76.0 in Toronto versus $79.0 in Elkhorn, WI. Monthly groceries follow the same trend: $340 vs $351 – making Toronto the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Elkhorn, WI

🕒 Local time

13:44 1:44 PM

12:44 12:44 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

10,000

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Elkhorn, WI 750 km ≈ 1 h 30 min nonstop flight

From you

Toronto
Elkhorn, WI

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 Elkhorn, WI: Cost of Living - Frequently Asked Questions

Toronto costs about 6% more than Elkhorn, WI, and outside of rent the gap comes mainly from transport. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,841 per month in Toronto and $3,632 in Elkhorn, WI. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Elkhorn, WI, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,561 in Toronto and $2,421 in Elkhorn, WI. That's a gap of about 6%.

Kindergarten costs $830 per month in Toronto and $1,545 in Elkhorn, WI. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,000 is a stretch for both – monthly costs hit $2,561 in Toronto and $2,421 in Elkhorn, WI. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Elkhorn, WI – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Elkhorn, WI. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.