Cost of Living Comparison Between Toronto and Halifax Cost of Living Comparison Between Toronto and Halifax

Monthly Cost of Living

A single person spends $2,811 per month in Toronto vs $2,450 in Halifax, rent included.

A couple spends around $4,130 per month in Toronto vs $3,580 in Halifax, rent included.

A family of three spends $5,449 per month in Toronto vs $4,710 in Halifax, rent included.

Toronto costs about 15% more than Halifax, driven mainly by Getting Around.

Both Toronto and Halifax sit above the global median – Toronto by 110%, Halifax by 83%.

Meal at Budget Restaurant

$18.71 CA$25.90

$18.31 CA$25.36

2.18%

Three-Course Dinner for Two, Mid-Range

$81.9 CA$113

$66.4 CA$91.9

23.36%

Fast Food Meal (McDonalds, etc)

$10.83 CA$14.99

$10.47 CA$14.50

3.44%

Cappuccino

$3.89 CA$5.38

$3.75 CA$5.19

3.73%

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

$2.22 CA$3.07

$2.20 CA$3.04

0.91%

Water (0.33 liter bottle)

$1.65 CA$2.28

$1.63 CA$2.26

1.23%

Local Beer (0.5 liter draught)

$6.05 CA$8.38

$5.76 CA$7.98

5.03%

Imported Beer (0.33 liter bottle)

$6.58 CA$9.11

$6.64 CA$9.20

-0.90%

Milk (1 liter)

$2.73 CA$3.77

$2.24 CA$3.11

21.87%

White Bread (500g)

$2.72 CA$3.76

$2.94 CA$4.07

-7.48%

Rice (white) (1kg)

$3.54 CA$4.90

$4.83 CA$6.68

-26.71%

Eggs

$3.50 CA$4.84

$4.00 CA$5.54

-12.50%

Local Cheese (1kg)

$13.53 CA$18.73

$9.73 CA$13.47

39.05%

Chicken Fillets (1kg)

$13.09 CA$18.12

$13.29 CA$18.40

-1.50%

Beef Round Steak (1kg)

$16.96 CA$23.49

$13.74 CA$19.02

23.44%

Apples (1kg)

$4.16 CA$5.76

$4.94 CA$6.84

-15.79%

Banana (1kg)

$1.18 CA$1.63

$1.68 CA$2.32

-29.76%

Oranges (1kg)

$3.25 CA$4.50

$4.43 CA$6.13

-26.64%

Tomato (1kg)

$4.12 CA$5.70

$4.24 CA$5.88

-2.83%

Potato (1kg)

$2.50 CA$3.47

$3.00 CA$4.15

-16.67%

Onion (1kg)

$2.88 CA$3.98

$2.58 CA$3.57

11.63%

Lettuce (1 head)

$2.35 CA$3.25

$2.59 CA$3.59

-9.27%

Water (1.5 liter bottle)

$2.00 CA$2.77

$2.20 CA$3.05

-9.09%

Cigarettes 20 Pack (Marlboro, Camel)

$14.58 CA$20.19

$15.25 CA$21.12

-4.39%

Wine (Bottle)

$14.18 CA$19.63

$16.00 CA$22.16

-11.38%

Local Beer (0.5 liter bottle)

$2.80 CA$3.88

$3.88 CA$5.37

-27.84%

Imported Beer (0.33 liter bottle)

$3.25 CA$4.51

$4.47 CA$6.19

-27.29%

One-way Ticket (Public Transport)

$2.40 CA$3.32

$2.15 CA$2.97

11.63%

Public Transport Monthly Pass (Regular Price)

$114 CA$158

$67.3 CA$93.2

69.49%

Taxi Start (Normal Tariff)

$3.76 CA$5.20

$3.72 CA$5.14

1.08%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.95

$1.18 CA$1.63

19.49%

Taxi 1hour Waiting (Normal Tariff)

$25.53 CA$35.34

$22.21 CA$30.75

14.95%

Gasoline (1 liter)

$1.10 CA$1.52

$1.20 CA$1.66

-8.33%

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

$25.2K CA$34.9K

$25.5K CA$35.3K

-1.03%

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

$21.1K CA$29.2K

$22.2K CA$30.8K

-5.25%

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

$120 CA$166

$154 CA$213

-22.29%

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

$37.54 CA$52.0

$50.3 CA$69.6

-25.32%

Internet (50+ Mbps, Unlimited Data)

$54.5 CA$75.5

$70.5 CA$97.6

-22.68%

Gym Membership (Monthly)

$55.5 CA$76.9

$52.3 CA$72.4

6.16%

Tennis Court (1 Hour on Weekend)

$21.15 CA$29.28

$11.78 CA$16.31

79.54%

Cinema Ticket

$11.56 CA$16.00

$11.18 CA$15.48

3.40%

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

$1,129 CA$1,564

$921 CA$1,275

22.67%

International Primary School, 1 Child (Yearly)

$18.0K CA$24.9K

$14.9K CA$20.6K

20.57%

Jeans (Levis 501 Or Similar)

$56.9 CA$78.8

$65.0 CA$90.0

-12.40%

Summer Dress (H&M, Zara, etc)

$39.96 CA$55.3

$34.58 CA$47.88

15.56%

Sport Shoes (Adidas, Nike)

$89.7 CA$124

$100 CA$139

-10.72%

Men's Leather Business Shoes

$114 CA$158

$113 CA$157

0.81%

1-bedroom Apartment, City Center (Monthly)

$1,849 CA$2,561

$1,526 CA$2,113

21.16%

1-bedroom Apartment, Outside City Center (Monthly)

$1,560 CA$2,159

$1,239 CA$1,716

25.83%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,051

$2,369 CA$3,280

23.49%

3-bedroom Apartment, Outside City Center (Monthly)

$2,470 CA$3,420

$2,004 CA$2,774

23.27%

Buy Apartment in City Center (m2)

$9,085 CA$12.6K

$3,284 CA$4,547

176.62%

Buy Apartment Outside City Center (m2)

$7,036 CA$9,742

$2,748 CA$3,805

156.03%

Average Monthly Net Salary (After Tax)

$3,572 CA$4,946

$2,703 CA$3,743

32.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.12

-15.69%

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

Last update for Toronto: May 31, 2026

Last update for Halifax: June 1, 2026

Cost Breakdown

A central one-bedroom costs $1,849 in Toronto versus $1,526 in Halifax. 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 32% 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 $82.0 in Toronto versus $66.0 in Halifax. Groceries tell a different story – $396 in Toronto vs $409 in Halifax – so Toronto wins on supermarket bills even if dining out costs more.

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 Halifax: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,811 in Toronto, $2,450 in Halifax – roughly 15% apart. Toronto costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $4,216 per month in Toronto and $3,675 in Halifax. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Halifax, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 69% less in Halifax. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,129 per month in Toronto and $921 in Halifax. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$3,000 is a stretch for both – monthly costs hit $2,811 in Toronto and $2,450 in Halifax. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Halifax has an edge in some lifestyle areas, with costs from $2,450 in Halifax to $2,811 in Toronto. 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 Halifax. 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.