Last update: Nov 2026

Cost of Living Comparison Between Toronto and Grenada

For one person, living is cheaper in Grenada: $1,401 a month against $2,599 in Toronto, rent and utilities included – about $14,400 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Toronto
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Toronto Living Index

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Toronto

🇨🇦 Canada

$2,599

/mo nomad

Grenada

🇬🇩 Grenada

$1,401

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Grenada

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

Monthly costs for one person with rent: $2,599 in Toronto versus $1,401 in Grenada.

Toronto $2,599
Grenada $1,401

Estimated couple costs with rent: $3,700 in Toronto versus $2,022 in Grenada.

Toronto $3,700
Grenada $2,022

Monthly costs for a family of three with rent: $4,801 in Toronto versus $2,644 in Grenada.

Toronto $4,801
Grenada $2,644

Living in Toronto is roughly 86% more expensive than in Grenada, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Toronto 92% above, Grenada 4% above.

Meal at Budget Restaurant

$17.98 CA$25.09

$11.97 EC$32.31

50.21%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

$45.17 EC$122

59.97%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.11

$8.12 EC$21.94

33.37%

Cappuccino

$4.34 CA$6.06

$2.80 EC$7.57

55.00%

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

$2.16 CA$3.01

$1.99 EC$5.36

8.54%

Water (0.33 liter bottle)

$1.66 CA$2.31

$1.44 EC$3.90

15.28%

Local Beer (0.5 liter draught)

$6.35 CA$8.86

$1.90 EC$5.13

234.21%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.25

$3.77 EC$10.19

94.69%

Milk (1 liter)

$2.57 CA$3.59

$4.24 EC$11.44

-39.39%

White Bread (500g)

$2.71 CA$3.78

$1.80 EC$4.87

50.56%

Rice (white) (1kg)

$2.28 CA$3.18

$1.84 EC$4.98

23.91%

Eggs

$3.60 CA$5.03

$4.17 EC$11.26

-13.67%

Local Cheese (1kg)

$8.94 CA$12.48

Chicken Fillets (1kg)

$11.19 CA$15.62

Beef Round Steak (1kg)

$15.23 CA$21.25

$19.21 EC$51.9

-20.72%

Apples (1kg)

$3.74 CA$5.23

Banana (1kg)

$1.23 CA$1.71

Oranges (1kg)

$3.58 CA$5.00

Tomato (1kg)

$4.25 CA$5.93

Potato (1kg)

$1.94 CA$2.71

$8.02 EC$21.66

-75.81%

Onion (1kg)

$1.67 CA$2.33

Lettuce (1 head)

$2.30 CA$3.21

$1.80 EC$4.87

27.78%

Water (1.5 liter bottle)

$1.26 CA$1.76

$3.64 EC$9.82

-65.38%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.81

$5.61 EC$15.14

152.94%

Wine (Bottle)

$14.25 CA$19.89

$11.29 EC$30.47

26.22%

Local Beer (0.5 liter bottle)

$2.28 CA$3.18

$1.45 EC$3.90

57.24%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.61

$2.90 EC$7.83

-11.03%

One-way Ticket (Public Transport)

$2.35 CA$3.29

$1.53 EC$4.12

53.59%

Public Transport Monthly Pass (Regular Price)

$111 CA$155

$47.58 EC$128

133.25%

Taxi Start (Normal Tariff)

$3.01 CA$4.21

$6.61 EC$17.85

-54.46%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.47

$9.22 EC$24.88

136.66%

Gasoline (1 liter)

$1.23 CA$1.72

$1.38 EC$3.71

-10.87%

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

$27.0K CA$37.6K

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

$21.8K CA$30.5K

$16.7K EC$45.0K

30.94%

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

$121 CA$169

$204 EC$551

-40.77%

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

$33.10 CA$46.21

$43.60 EC$118

-24.08%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.5

$47.63 EC$129

3.07%

Gym Membership (Monthly)

$36.65 CA$51.2

$33.94 EC$91.6

7.98%

Tennis Court (1 Hour on Weekend)

$25.01 CA$34.91

$16.41 EC$44.32

52.41%

Cinema Ticket

$12.78 CA$17.84

$8.87 EC$23.96

44.08%

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

$754 CA$1,053

International Primary School, 1 Child (Yearly)

$33.7K CA$47.0K

Jeans (Levis 501 Or Similar)

$50.4 CA$70.3

Summer Dress (H&M, Zara, etc)

$41.43 CA$57.8

Sport Shoes (Adidas, Nike)

$101 CA$141

Men's Leather Business Shoes

$130 CA$182

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,219

$659 EC$1,779

141.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,988

$557 EC$1,503

155.83%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,687

$1,157 EC$3,125

128.21%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,918

$896 EC$2,421

133.14%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

Buy Apartment Outside City Center (m2)

$6,892 CA$9,620

Average Monthly Net Salary (After Tax)

$3,623 CA$5,057

$446 EC$1,203

713.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

-44.38%

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

Last update for Toronto: November 2, 2026

Last update for Grenada: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Grenada

–

Groceries & Markets

Toronto

$345 13.3%

Grenada

–

Eating Out

Toronto

$290 11.2%

Grenada

–

Monthly Utilities & Internet

Toronto

$203 7.8%

Grenada

–

Clothing & Footwear

Toronto

$145 5.6%

Grenada

–

Getting Around

Toronto

$130 5%

Grenada

–

Sport & Entertainment

Toronto

$62 2.4%

Grenada

–

Cost Breakdown

A one-bedroom apartment in the center runs $1,590 in Toronto and $659 in Grenada. Housing cost is often the main lever when comparing two cities.

Toronto pays about 8.1 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Toronto vs $45 in Grenada for a mid-range dinner for two. Groceries echo the gap at $345 vs $253 per month, with Grenada cheaper across the board.

Good to know

🇨🇦 Toronto

🇬🇩 Grenada

🕒 Local time

17:48 5:48 PM

18:48 6:48 PM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

💱 Currency

Canadian Dollar CAD $

East Caribbean Dollar XCD $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

1 XCD = 0.37 USD

1 XCD = 0.33 EUR

Exchange rates and currency converter

XCD, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 5, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

East Caribbean Dollar exchange rates as of November 5, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.03 XCD (1 XCD = 0.33 EUR).

USD to CAD in detail →

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Toronto Grenada 3,900 km ≈ 5 h nonstop flight

From you

Toronto
Grenada

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 Grenada: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,599 in Toronto and $1,401 in Grenada, so Grenada is about 46% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Toronto is about 8.1 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,590 in Toronto versus $659 in Grenada. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Grenada – a meal for two runs $45 versus $72 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

A monthly transit pass in Grenada runs roughly 57% less than in Toronto. The price difference matters if you commute daily and watch your budget.

At $1,401 in Grenada versus $2,599 in Toronto, a $2,000 budget is realistic in Grenada but tight or insufficient in Toronto. The gap between the two cities makes Grenada the clear choice for anyone on this budget.

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 Grenada gentler on the wallet – expenses run 46% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.