Last update: Oct 2026

Cost of Living Comparison Between Toronto and Franklin, TN

For one person, living is cheaper in Toronto: $2,561 a month against $3,159 in Franklin, TN, rent and utilities included – about $7,200 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
160

Cost of Living Index in Franklin, TN
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Franklin, TN Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Franklin, TN

🇺🇸 United States

$3,159

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Franklin, TN

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

A single person spends $2,561 per month in Toronto vs $3,159 in Franklin, TN, rent included.

Toronto $2,561
Franklin, TN $3,159

A couple spends around $3,694 per month in Toronto vs $4,404 in Franklin, TN, rent included.

Toronto $3,694
Franklin, TN $4,404

A family of three spends $4,826 per month in Toronto vs $5,649 in Franklin, TN, rent included.

Toronto $4,826
Franklin, TN $5,649

Toronto is about 19% cheaper than Franklin, TN, and outside of rent the biggest gap is in utilities.

Both Toronto and Franklin, TN sit above the global median – Toronto by 90%, Franklin, TN by 134%.

Meal at Budget Restaurant

$17.18 CA$24.29

$23.93 $23.93

-28.21%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$87.0 $87.0

-12.72%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$11.89 $11.89

-11.35%

Cappuccino

$4.02 CA$5.68

$7.10 $7.10

-43.38%

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

$2.12 CA$3.00

$3.34 $3.34

-36.53%

Water (0.33 liter bottle)

$1.75 CA$2.48

$2.29 $2.29

-23.58%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$7.47 $7.47

-16.47%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$8.05 $8.05

-11.93%

Milk (1 liter)

$2.44 CA$3.45

$1.34 $1.34

82.09%

White Bread (500g)

$2.68 CA$3.78

$3.85 $3.85

-30.39%

Rice (white) (1kg)

$2.24 CA$3.17

Eggs

$3.56 CA$5.03

$5.58 $5.58

-36.20%

Local Cheese (1kg)

$9.09 CA$12.85

$15.59 $15.59

-41.69%

Chicken Fillets (1kg)

$11.33 CA$16.01

$17.82 $17.82

-36.42%

Beef Round Steak (1kg)

$14.53 CA$20.55

Apples (1kg)

$3.62 CA$5.12

$3.76 $3.76

-3.72%

Banana (1kg)

$1.21 CA$1.72

$2.00 $2.00

-39.50%

Oranges (1kg)

$3.60 CA$5.09

Tomato (1kg)

$4.21 CA$5.96

Potato (1kg)

$1.79 CA$2.53

$2.01 $2.01

-10.95%

Onion (1kg)

$1.59 CA$2.25

$2.19 $2.19

-27.40%

Lettuce (1 head)

$2.27 CA$3.21

$2.44 $2.44

-6.97%

Water (1.5 liter bottle)

$1.25 CA$1.77

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

Wine (Bottle)

$14.27 CA$20.18

$12.95 $12.95

10.19%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

One-way Ticket (Public Transport)

$2.39 CA$3.38

$1.01 $1.01

136.63%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$2.91 CA$4.12

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

Gasoline (1 liter)

$1.21 CA$1.71

$0.85 $0.85

42.35%

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

$28.2K CA$39.8K

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

$20.3K CA$28.6K

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

$120 CA$170

$214 $214

-43.88%

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

$32.26 CA$45.60

$115 $115

-71.98%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$91.0 $91.0

-47.31%

Gym Membership (Monthly)

$38.48 CA$54.4

$44.10 $44.10

-12.74%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$12.38 CA$17.50

$15.91 $15.91

-22.19%

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

$830 CA$1,173

$395 $395

110.01%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$101 $101

-49.84%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$64.8 $64.8

-38.20%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$75.2 $75.2

30.30%

Men's Leather Business Shoes

$121 CA$171

$110 $110

10.14%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$2,060 $2,060

-22.70%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$1,826 $1,826

-22.76%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$3,544 $3,544

-24.65%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$2,705 $2,705

-20.45%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

$2,825 $2,825

181.23%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

$2,801 $2,801

133.57%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

$5,994 $5,994

-37.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.59

-32.17%

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

Last update for Toronto: October 12, 2026

Last update for Franklin, TN: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Franklin, TN

$1.8K 57.8% 29.5% $416

Groceries & Markets

Toronto

$340 13.3%

Franklin, TN

$287 * 9.1% 15.5% $53

Eating Out

Toronto

$278 10.9%

Franklin, TN

$388 12.3% 39.5% $110

Monthly Utilities & Internet

Toronto

$201 7.8%

Franklin, TN

$421 13.3% 110% $220

Clothing & Footwear

Toronto

$139 5.4%

Franklin, TN

$158 5% 13.3% $19

Getting Around

Toronto

$129 5.1%

Franklin, TN

$4.1 * 0.1% 96.9% $125

Sport & Entertainment

Toronto

$63 2.5%

Franklin, TN

$76 2.4% 20.1% $13

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 $2,060 in Franklin, TN. 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 61% higher in Franklin, TN, 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 $87.0 in Franklin, TN. Groceries tell a different story – $340 in Toronto vs $287 in Franklin, TN – so Franklin, TN wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇺🇸 Franklin, TN

🕒 Local time

15:30 3:30 PM

14:30 2:30 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

83,454

💱 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 18, 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 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Highest

Between locations

Toronto Franklin, TN 1,070 km ≈ 1 h 45 min nonstop flight

From you

Toronto
Franklin, TN

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 Franklin, TN: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,561 in Toronto, $3,159 in Franklin, TN – roughly 23% apart. Outside of rent, the biggest gap is in utilities.

For a comfortable life, plan on about $3,841 per month in Toronto and $4,739 in Franklin, TN. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Toronto, 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 $3,159 in Franklin, TN. That's a gap of about 23%.

Kindergarten costs $830 per month in Toronto and $395 in Franklin, TN. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,500 is a stretch for both – monthly costs hit $2,561 in Toronto and $3,159 in Franklin, TN. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Franklin, TN has an edge in some lifestyle areas, with costs from $2,561 in Toronto to $3,159 in Franklin, TN. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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