Last update: Nov 2026

Cost of Living Comparison Between Toronto and Georgetown, Guyana

For one person, living is cheaper in Georgetown: $1,635 a month against $2,599 in Toronto, rent and utilities included – about $11,600 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
78

Cost of Living Index in Georgetown
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Georgetown Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Georgetown

🇬🇾 Guyana

$1,635

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Georgetown

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

A single person spends $2,599 per month in Toronto vs $1,635 in Georgetown, rent included.

Toronto $2,599
Georgetown $1,635

A couple spends around $3,700 per month in Toronto vs $2,774 in Georgetown, rent included.

Toronto $3,700
Georgetown $2,774

A family of three spends $4,801 per month in Toronto vs $3,913 in Georgetown, rent included.

Toronto $4,801
Georgetown $3,913

Toronto costs about 59% more than Georgetown, and outside of rent the biggest gap is in transport.

Both Toronto and Georgetown sit above the global median – Toronto by 92%, Georgetown by 21%.

Meal at Budget Restaurant

$17.98 CA$25.28

$17.62 GYD 3,677

2.04%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$102

$70.6 GYD 14.7K

2.41%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.23

$9.27 GYD 1,934

16.83%

Cappuccino

$4.34 CA$6.11

$5.86 GYD 1,223

-25.94%

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

$2.16 CA$3.04

$1.28 GYD 267

68.75%

Water (0.33 liter bottle)

$1.66 CA$2.33

$0.65 GYD 135

155.38%

Local Beer (0.5 liter draught)

$6.35 CA$8.93

$1.87 GYD 390

239.57%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.32

$3.33 GYD 695

120.42%

Milk (1 liter)

$2.57 CA$3.61

$3.64 GYD 759

-29.40%

White Bread (500g)

$2.71 CA$3.81

$2.03 GYD 424

33.50%

Rice (white) (1kg)

$2.28 CA$3.20

$1.99 GYD 415

14.57%

Eggs

$3.60 CA$5.07

$3.93 GYD 821

-8.40%

Local Cheese (1kg)

$8.94 CA$12.58

$16.89 GYD 3,525

-47.07%

Chicken Fillets (1kg)

$11.19 CA$15.74

$7.21 GYD 1,504

55.20%

Beef Round Steak (1kg)

$15.23 CA$21.41

$9.28 GYD 1,937

64.12%

Apples (1kg)

$3.74 CA$5.27

$8.16 GYD 1,702

-54.17%

Banana (1kg)

$1.23 CA$1.72

$4.00 GYD 834

-69.25%

Oranges (1kg)

$3.58 CA$5.03

$4.15 GYD 867

-13.73%

Tomato (1kg)

$4.25 CA$5.98

$6.91 GYD 1,443

-38.49%

Potato (1kg)

$1.94 CA$2.73

$2.41 GYD 503

-19.50%

Onion (1kg)

$1.67 CA$2.35

$3.09 GYD 644

-45.95%

Lettuce (1 head)

$2.30 CA$3.23

$3.13 GYD 653

-26.52%

Water (1.5 liter bottle)

$1.26 CA$1.78

$1.68 GYD 351

-25.00%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.96

$3.29 GYD 687

331.31%

Wine (Bottle)

$14.25 CA$20.04

$16.65 GYD 3,474

-14.41%

Local Beer (0.5 liter bottle)

$2.28 CA$3.21

$1.84 GYD 384

23.91%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.63

$2.53 GYD 528

1.98%

One-way Ticket (Public Transport)

$2.35 CA$3.31

$0.58 GYD 122

305.17%

Public Transport Monthly Pass (Regular Price)

$111 CA$156

$60.6 GYD 12.7K

83.01%

Taxi Start (Normal Tariff)

$3.01 CA$4.24

$4.36 GYD 909

-30.96%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$2.32 GYD 484

-47.41%

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.69

$11.73 GYD 2,449

86.02%

Gasoline (1 liter)

$1.23 CA$1.73

$1.09 GYD 227

12.84%

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

$27.0K CA$37.9K

$26.7K GYD 5.6M

0.95%

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

$21.8K CA$30.7K

$22.6K GYD 4.7M

-3.30%

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

$121 CA$170

$120 GYD 25.1K

0.40%

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

$33.10 CA$46.55

$21.14 GYD 4,413

56.58%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$69.0

$43.76 GYD 9,131

12.18%

Gym Membership (Monthly)

$36.65 CA$51.5

$37.80 GYD 7,888

-3.04%

Tennis Court (1 Hour on Weekend)

$25.01 CA$35.17

$15.24 GYD 3,180

64.11%

Cinema Ticket

$12.78 CA$17.97

$6.49 GYD 1,354

96.92%

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

$754 CA$1,061

$1,020 GYD 213.0K

-26.07%

International Primary School, 1 Child (Yearly)

$33.7K CA$47.4K

$13.6K GYD 2.8M

147.38%

Jeans (Levis 501 Or Similar)

$50.4 CA$70.9

$38.47 GYD 8,029

30.99%

Summer Dress (H&M, Zara, etc)

$41.43 CA$58.3

$41.04 GYD 8,564

0.95%

Sport Shoes (Adidas, Nike)

$101 CA$142

$135 GYD 28.2K

-25.18%

Men's Leather Business Shoes

$130 CA$183

$83.1 GYD 17.3K

56.71%

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,236

$954 GYD 199.1K

66.67%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$2,003

$518 GYD 108.2K

174.73%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,714

$3,249 GYD 678.1K

-18.72%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,939

$1,298 GYD 270.8K

61.07%

Buy Apartment in City Center (m2)

$7,730 CA$10.9K

$3,604 GYD 752.2K

114.46%

Buy Apartment Outside City Center (m2)

$6,892 CA$9,692

$1,586 GYD 331.1K

334.45%

Average Monthly Net Salary (After Tax)

$3,623 CA$5,095

$506 GYD 105.6K

616.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

6.94

-35.88%

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

Last update for Toronto: November 2, 2026

Last update for Georgetown: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Georgetown

$518 31.7% 63.6% $906

Groceries & Markets

Toronto

$345 13.3%

Georgetown

$405 24.8% 17.3% $60

Eating Out

Toronto

$290 11.2%

Georgetown

$263 16.1% 9.4% $27

Monthly Utilities & Internet

Toronto

$203 7.8%

Georgetown

$185 11.3% 8.8% $18

Clothing & Footwear

Toronto

$145 5.6%

Georgetown

$134 8.2% 7.8% $11

Getting Around

Toronto

$130 5%

Georgetown

$79 4.8% 39.1% $51

Sport & Entertainment

Toronto

$62 2.4%

Georgetown

$51 3.1% 18.4% $11

Cost Breakdown

A central one-bedroom costs $1,590 in Toronto versus $954 in Georgetown. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Toronto are about 7.2 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $72 in Toronto versus $71 in Georgetown. Groceries tell a different story – $345 in Toronto vs $405 in Georgetown – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇬🇾 Georgetown

🕒 Local time

16:03 4:03 PM

17:03 5:03 PM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

310,320 Capital

💱 Currency

Canadian Dollar CAD $

Guyanese Dollar GYD $

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.636 EUR

1,000 GYD = 4.79 USD

1,000 GYD = 4.29 EUR

Exchange rates and currency converter

GYD, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.57 CAD (1 CAD = 0.636 EUR).

Guyanese Dollar exchange rates as of November 6, 2026: 1 USD = 209 GYD (1,000 GYD = 4.79 USD). 1 EUR = 233 GYD (1,000 GYD = 4.29 EUR).

USD to CAD in detail →

On the map

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Highest

Between locations

Toronto Georgetown 4,590 km ≈ 6 h nonstop flight

From you

Toronto
Georgetown

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 Georgetown: Cost of Living - Frequently Asked Questions

Toronto costs about 59% more than Georgetown, 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 $3,899 per month in Toronto and $2,452 in Georgetown. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Georgetown, especially for central apartments: a one-bedroom in the center costs $954 there versus $1,590 in Toronto.

Public transport costs about 45% less in Georgetown. For daily commuters, that gap adds up to noticeable savings over a year.

Interestingly, groceries are about 15% cheaper in Toronto – one category where the pricier city actually offers better value.

A $2,000 monthly budget goes further in Georgetown, where all-in costs run around $1,635, than in Toronto at $2,599. In Georgetown it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

It depends on your priorities. Georgetown has an edge in some lifestyle areas, with costs from $1,635 in Georgetown to $2,599 in Toronto. Climate, culture, job market, and personal taste all factor in.

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