Last update: Oct 2026

Cost of Living Comparison Between Toronto and Farmington, NM

For one person, living is cheaper in Toronto: $2,610 a month against $3,273 in Farmington, NM, rent and utilities included – about $8,000 less a year. Rent and utilities account for most of the difference.

126

Cost of Living Index in Toronto
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Toronto Living Index
158

Cost of Living Index in Farmington, NM
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Farmington, NM Living Index

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Toronto

🇨🇦 Canada

$2,610

/mo nomad

Farmington, NM

🇺🇸 United States

$3,273

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Farmington, NM

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

Monthly costs for one person with rent: $2,610 in Toronto versus $3,273 in Farmington, NM.

Toronto $2,610
Farmington, NM $3,273

Estimated couple costs with rent: $3,727 in Toronto versus $4,363 in Farmington, NM.

Toronto $3,727
Farmington, NM $4,363

Monthly costs for a family of three with rent: $4,844 in Toronto versus $5,453 in Farmington, NM.

Toronto $4,844
Farmington, NM $5,453

Living in Toronto costs roughly 20% less than in Farmington, NM, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Toronto 93% above, Farmington, NM 142% above.

Meal at Budget Restaurant

$17.59 CA$24.87

$19.90 $19.90

-11.61%

Three-Course Dinner for Two, Mid-Range

$78.8 CA$111

$49.34 $49.34

59.75%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.16

$12.01 $12.01

-10.66%

Cappuccino

$4.09 CA$5.78

$6.06 $6.06

-32.51%

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

$2.10 CA$2.97

$2.42 $2.42

-13.22%

Water (0.33 liter bottle)

$1.72 CA$2.43

$1.66 $1.66

3.61%

Local Beer (0.5 liter draught)

$6.36 CA$8.99

$7.90 $7.90

-19.49%

Imported Beer (0.33 liter bottle)

$7.08 CA$10.01

$13.34 $13.34

-46.93%

Milk (1 liter)

$2.54 CA$3.59

$0.98 $0.98

159.18%

White Bread (500g)

$2.72 CA$3.85

$3.39 $3.39

-19.76%

Rice (white) (1kg)

$2.18 CA$3.09

$4.43 $4.43

-50.79%

Eggs

$3.63 CA$5.13

$4.14 $4.14

-12.32%

Local Cheese (1kg)

$9.46 CA$13.37

$7.31 $7.31

29.41%

Chicken Fillets (1kg)

$11.54 CA$16.32

$13.09 $13.09

-11.84%

Beef Round Steak (1kg)

$14.37 CA$20.32

$16.86 $16.86

-14.77%

Apples (1kg)

$3.70 CA$5.23

$3.03 $3.03

22.11%

Banana (1kg)

$1.19 CA$1.68

$1.65 $1.65

-27.88%

Oranges (1kg)

$3.46 CA$4.90

$4.20 $4.20

-17.62%

Tomato (1kg)

$4.22 CA$5.97

$4.80 $4.80

-12.08%

Potato (1kg)

$1.79 CA$2.52

$2.82 $2.82

-36.52%

Onion (1kg)

$1.65 CA$2.33

$2.91 $2.91

-43.30%

Lettuce (1 head)

$2.20 CA$3.11

$2.17 $2.17

1.38%

Water (1.5 liter bottle)

$1.26 CA$1.78

$2.29 $2.29

-44.98%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 CA$19.75

$10.21 $10.21

36.83%

Wine (Bottle)

$14.20 CA$20.07

$15.19 $15.19

-6.52%

Local Beer (0.5 liter bottle)

$2.25 CA$3.18

$2.10 $2.10

7.14%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$3.14 $3.14

-19.43%

One-way Ticket (Public Transport)

$2.32 CA$3.28

$2.02 $2.02

14.85%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

$29.47 $29.47

278.86%

Taxi Start (Normal Tariff)

$3.06 CA$4.33

$2.73 $2.73

12.09%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$1.96 $1.96

-37.76%

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

$27.39 $27.39

-20.81%

Gasoline (1 liter)

$1.21 CA$1.72

$1.10 $1.10

10.00%

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

$26.1K CA$37.0K

$31.1K $31.1K

-15.94%

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

$21.1K CA$29.9K

$24.8K $24.8K

-14.72%

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

$120 CA$169

$397 $397

-69.89%

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

$32.21 CA$45.54

$57.7 $57.7

-44.19%

Internet (50+ Mbps, Unlimited Data)

$48.88 CA$69.1

$115 $115

-57.38%

Gym Membership (Monthly)

$39.34 CA$55.6

$42.26 $42.26

-6.91%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$12.58 CA$17.79

$12.99 $12.99

-3.16%

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

$832 CA$1,176

$1,444 $1,444

-42.39%

International Primary School, 1 Child (Yearly)

$23.6K CA$33.4K

$21.4K $21.4K

10.30%

Jeans (Levis 501 Or Similar)

$52.3 CA$73.9

$53.6 $53.6

-2.54%

Summer Dress (H&M, Zara, etc)

$39.44 CA$55.8

$40.64 $40.64

-2.95%

Sport Shoes (Adidas, Nike)

$99.0 CA$140

$87.2 $87.2

13.48%

Men's Leather Business Shoes

$122 CA$172

$116 $116

5.53%

1-bedroom Apartment, City Center (Monthly)

$1,631 CA$2,306

$1,715 $1,715

-4.87%

1-bedroom Apartment, Outside City Center (Monthly)

$1,448 CA$2,048

$1,721 $1,721

-15.85%

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

$2,577 $2,577

6.19%

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

$2,472 $2,472

-13.85%

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

$2,147 $2,147

282.21%

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

$2,140 $2,140

219.52%

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

$7,129 $7,129

-50.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.57

-31.96%

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

Last update for Toronto: October 18, 2026

Last update for Farmington, NM: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.5%

Farmington, NM

$1.7K 52.6% 18.8% $273

Groceries & Markets

Toronto

$343 13.1%

Farmington, NM

$379 11.6% 10.6% $36

Eating Out

Toronto

$283 10.9%

Farmington, NM

$351 10.7% 23.8% $67

Monthly Utilities & Internet

Toronto

$201 7.7%

Farmington, NM

$570 17.4% 184% $369

Clothing & Footwear

Toronto

$141 5.4%

Farmington, NM

$134 4.1% 5% $7

Getting Around

Toronto

$130 5%

Farmington, NM

$50 1.5% 61.5% $80

Sport & Entertainment

Toronto

$65 2.5%

Farmington, NM

$68 2.1% 5.8% $3.7

Cost Breakdown

A one-bedroom apartment in the center runs $1,631 in Toronto and $1,715 in Farmington, NM. Housing cost is often the main lever when comparing two cities.

Farmington, NM pays 103% 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: $79.0 in Toronto vs $49.00 in Farmington, NM. Groceries flip the comparison at $343 vs $379, with Toronto cheaper for home cooking.

Good to know

🇨🇦 Toronto

🇺🇸 Farmington, NM

🕒 Local time

01:58 1:58 AM

23:58 11:58 PM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

18,207

💱 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 22, 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 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Farmington, NM 2,550 km ≈ 3 h 45 min nonstop flight

From you

Toronto
Farmington, NM

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 Farmington, NM: Cost of Living - Frequently Asked Questions

Toronto wins on cost – living expenses run 25% lower than in Farmington, NM. Housing and daily spending are where you'll feel the difference most, making Toronto the obvious pick if budget is a priority.

On paper, salaries run 103% lower in Farmington, NM. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,631 in Toronto versus $1,715 in Farmington, NM. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $832 in Toronto versus $1,444 in Farmington, NM. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 11% higher in Farmington, NM. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $2,500. Toronto is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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 Toronto gentler on the wallet – expenses run 25% less than in Farmington, NM. Beyond cost, consider language, visa policies, and how big the international community is in each city.