Last update: Oct 2026

Cost of Living Comparison Between Toronto and Florida

For one person, living is cheaper in Florida: $1,273 a month against $2,561 in Toronto, rent and utilities included – about $15,500 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
62

Cost of Living Index in Florida
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Florida Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Florida

🇺🇾 Uruguay

$1,273

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Florida

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

A single person spends $2,561 per month in Toronto vs $1,273 in Florida, rent included.

Toronto $2,561
Florida $1,273

A couple spends around $3,694 per month in Toronto vs $1,939 in Florida, rent included.

Toronto $3,694
Florida $1,939

A family of three spends $4,826 per month in Toronto vs $2,606 in Florida, rent included.

Toronto $4,826
Florida $2,606

Toronto costs about 101% more than Florida, and outside of rent the biggest gap is in transport.

Toronto sits 90% above the global median, while Florida is 6% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.18 CA$24.29

$12.75 UYU 512

34.75%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$42.81 UYU 1,718

77.46%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$13.60 UYU 546

-22.50%

Cappuccino

$4.02 CA$5.68

$4.80 UYU 193

-16.25%

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

$2.12 CA$3.00

$2.35 UYU 94.2

-9.79%

Water (0.33 liter bottle)

$1.75 CA$2.48

$2.21 UYU 88.6

-20.81%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$2.91 UYU 117

114.43%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$3.58 UYU 144

98.04%

Milk (1 liter)

$2.44 CA$3.45

$1.05 UYU 42.16

132.38%

White Bread (500g)

$2.68 CA$3.78

$2.65 UYU 106

1.13%

Rice (white) (1kg)

$2.24 CA$3.17

$1.75 UYU 70.2

28.00%

Eggs

$3.56 CA$5.03

$3.34 UYU 134

6.59%

Local Cheese (1kg)

$9.09 CA$12.85

$11.96 UYU 480

-24.00%

Chicken Fillets (1kg)

$11.33 CA$16.01

$11.64 UYU 467

-2.66%

Beef Round Steak (1kg)

$14.53 CA$20.55

$11.71 UYU 470

24.08%

Apples (1kg)

$3.62 CA$5.12

$2.94 UYU 118

23.13%

Banana (1kg)

$1.21 CA$1.72

$3.32 UYU 133

-63.55%

Oranges (1kg)

$3.60 CA$5.09

$2.18 UYU 87.6

65.14%

Tomato (1kg)

$4.21 CA$5.96

$4.08 UYU 164

3.19%

Potato (1kg)

$1.79 CA$2.53

$2.09 UYU 83.8

-14.35%

Onion (1kg)

$1.59 CA$2.25

$2.05 UYU 82.3

-22.44%

Lettuce (1 head)

$2.27 CA$3.21

$1.54 UYU 61.8

47.40%

Water (1.5 liter bottle)

$1.25 CA$1.77

$1.89 UYU 75.7

-33.86%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$9.91 UYU 398

39.46%

Wine (Bottle)

$14.27 CA$20.18

$8.10 UYU 325

76.17%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$3.08 UYU 124

-28.57%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$3.33 UYU 134

-27.03%

One-way Ticket (Public Transport)

$2.39 CA$3.38

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$3.56 UYU 143

-18.26%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$3.51 UYU 141

-65.81%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$10.03 UYU 402

113.16%

Gasoline (1 liter)

$1.21 CA$1.71

$1.79 UYU 71.9

-32.40%

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

$28.2K CA$39.8K

$35.6K UYU 1.4M

-20.77%

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

$20.3K CA$28.6K

$39.4K UYU 1.6M

-48.62%

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

$120 CA$170

$114 UYU 4,588

5.27%

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

$32.26 CA$45.60

$23.69 UYU 951

36.18%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$47.45 UYU 1,904

1.01%

Gym Membership (Monthly)

$38.48 CA$54.4

$43.81 UYU 1,758

-12.17%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$12.38 CA$17.50

$7.34 UYU 295

68.66%

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

$830 CA$1,173

$489 UYU 19.6K

69.83%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$6,635 UYU 266.3K

247.98%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$44.11 UYU 1,770

14.96%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$37.56 UYU 1,508

6.55%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$72.9 UYU 2,927

34.32%

Men's Leather Business Shoes

$121 CA$171

$85.5 UYU 3,433

41.06%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$503 UYU 20.2K

216.77%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$332 UYU 13.3K

325.14%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$865 UYU 34.7K

208.52%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$552 UYU 22.2K

289.85%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

$794 UYU 31.9K

369.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

-70.20%

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

Last update for Toronto: October 12, 2026

Last update for Florida: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Florida

$332 26.1% 76.5% $1.1K

Groceries & Markets

Toronto

$340 13.3%

Florida

$328 25.7% 3.5% $12

Eating Out

Toronto

$278 10.9%

Florida

$240 18.9% 13.6% $38

Monthly Utilities & Internet

Toronto

$201 7.8%

Florida

$185 14.6% 7.5% $15

Clothing & Footwear

Toronto

$139 5.4%

Florida

$108 8.5% 22.4% $31

Getting Around

Toronto

$129 5.1%

Florida

$21 * 1.7% 83.7% $108

Sport & Entertainment

Toronto

$63 2.5%

Florida

$58 4.6% 7.5% $4.7

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 $503 in Florida. 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 369% higher in Toronto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $76.0 in Toronto versus $43.00 in Florida. Monthly groceries follow the same trend: $340 vs $328 – making Florida the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇾 Florida

🕒 Local time

20:29 8:29 PM

21:29 9:29 PM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

33,640

💱 Currency

Canadian Dollar CAD $

Uruguayan Peso UYU $U

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, 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).

Uruguayan Peso exchange rates as of October 19, 2026: 1 USD = 40.14 UYU (100 UYU = 2.49 USD). 1 EUR = 45.12 UYU (100 UYU = 2.22 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Florida 8,960 km ≈ 12 h nonstop flight

From you

Toronto
Florida

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 Florida: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,561 in Toronto, $1,273 in Florida – roughly 101% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,841 per month in Toronto and $1,910 in Florida. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Florida, 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 $1,273 in Florida. That's a gap of about 101%.

Kindergarten costs $830 per month in Toronto and $489 in Florida. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Florida, where all-in costs run around $1,273, than in Toronto at $2,561. In Florida it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Florida – 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 Florida. 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.