Last update: Oct 2026

Cost of Living Comparison Between Toronto and Highlands Ranch, CO

For one person, living is cheaper in Toronto: $2,610 a month against $3,365 in Highlands Ranch, CO, rent and utilities included – about $9,100 less a year. Higher rent and utilities in Highlands Ranch, CO outweigh lower spending on other living expenses.

126

Cost of Living Index in Toronto
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Toronto Living Index
161

Cost of Living Index in Highlands Ranch, CO
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Highlands Ranch, CO Living Index

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Toronto

🇨🇦 Canada

$2,610

/mo nomad

Highlands Ranch, CO

🇺🇸 United States

$3,365

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Highlands Ranch, CO

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 Highlands Ranch, CO actually costs, broken down by who's living it.

A single person spends $2,610 per month in Toronto vs $3,365 in Highlands Ranch, CO, rent included.

Toronto $2,610
Highlands Ranch, CO $3,365

A couple spends around $3,727 per month in Toronto vs $2,987 in Highlands Ranch, CO, rent included.

Toronto $3,727
Highlands Ranch, CO $2,987

A family of three spends $4,844 per month in Toronto vs $2,609 in Highlands Ranch, CO, rent included.

Toronto $4,844
Highlands Ranch, CO $2,609

Toronto is about 22% cheaper than Highlands Ranch, CO, and outside of rent the biggest gap is in transport.

Both Toronto and Highlands Ranch, CO sit above the global median – Toronto by 93%, Highlands Ranch, CO by 148%.

Meal at Budget Restaurant

$17.59 CA$24.87

$15.27 $15.27

15.19%

Three-Course Dinner for Two, Mid-Range

$78.8 CA$111

$79.5 $79.5

-0.88%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.16

$10.20 $10.20

5.20%

Cappuccino

$4.09 CA$5.78

$6.26 $6.26

-34.66%

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

$2.10 CA$2.97

$2.48 $2.48

-15.32%

Water (0.33 liter bottle)

$1.72 CA$2.43

$2.13 $2.13

-19.25%

Local Beer (0.5 liter draught)

$6.36 CA$8.99

$5.06 $5.06

25.69%

Imported Beer (0.33 liter bottle)

$7.08 CA$10.01

$6.15 $6.15

15.12%

Milk (1 liter)

$2.54 CA$3.59

$1.04 $1.04

144.23%

White Bread (500g)

$2.72 CA$3.85

$2.89 $2.89

-5.88%

Rice (white) (1kg)

$2.18 CA$3.09

$2.80 $2.80

-22.14%

Eggs

$3.63 CA$5.13

$4.28 $4.28

-15.19%

Local Cheese (1kg)

$9.46 CA$13.37

$10.81 $10.81

-12.49%

Chicken Fillets (1kg)

$11.54 CA$16.32

$7.20 $7.20

60.28%

Beef Round Steak (1kg)

$14.37 CA$20.32

$19.01 $19.01

-24.41%

Apples (1kg)

$3.70 CA$5.23

$4.04 $4.04

-8.42%

Banana (1kg)

$1.19 CA$1.68

$1.50 $1.50

-20.67%

Oranges (1kg)

$3.46 CA$4.90

$4.86 $4.86

-28.81%

Tomato (1kg)

$4.22 CA$5.97

$5.26 $5.26

-19.77%

Potato (1kg)

$1.79 CA$2.52

$3.61 $3.61

-50.42%

Onion (1kg)

$1.65 CA$2.33

$4.58 $4.58

-63.97%

Lettuce (1 head)

$2.20 CA$3.11

$2.22 $2.22

-0.90%

Water (1.5 liter bottle)

$1.26 CA$1.78

$1.71 $1.71

-26.32%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 CA$19.75

$10.41 $10.41

34.20%

Wine (Bottle)

$14.20 CA$20.07

$16.42 $16.42

-13.52%

Local Beer (0.5 liter bottle)

$2.25 CA$3.18

$2.50 $2.50

-10.00%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$2.61 $2.61

-3.07%

One-way Ticket (Public Transport)

$2.32 CA$3.28

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$3.06 CA$4.33

$2.48 $2.48

23.39%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$1.89 $1.89

-35.45%

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

$25.39 $25.39

-14.57%

Gasoline (1 liter)

$1.21 CA$1.72

$1.02 $1.02

18.63%

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

$26.1K CA$37.0K

$28.0K $28.0K

-6.65%

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

$21.1K CA$29.9K

$25.9K $25.9K

-18.59%

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

$120 CA$169

$215 $215

-44.31%

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

$32.21 CA$45.54

$56.8 $56.8

-43.25%

Internet (50+ Mbps, Unlimited Data)

$48.88 CA$69.1

$68.8 $68.8

-28.94%

Gym Membership (Monthly)

$39.34 CA$55.6

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$12.58 CA$17.79

$11.99 $11.99

4.92%

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

$832 CA$1,176

$1,306 $1,306

-36.32%

International Primary School, 1 Child (Yearly)

$23.6K CA$33.4K

$12.3K $12.3K

92.37%

Jeans (Levis 501 Or Similar)

$52.3 CA$73.9

$60.1 $60.1

-13.06%

Summer Dress (H&M, Zara, etc)

$39.44 CA$55.8

$68.4 $68.4

-42.32%

Sport Shoes (Adidas, Nike)

$99.0 CA$140

$78.5 $78.5

26.13%

Men's Leather Business Shoes

$122 CA$172

$118 $118

3.22%

1-bedroom Apartment, City Center (Monthly)

$1,631 CA$2,306

$2,864 $2,864

-43.03%

1-bedroom Apartment, Outside City Center (Monthly)

$1,448 CA$2,048

$2,190 $2,190

-33.87%

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

$7,275 $7,275

-51.62%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.7

-33.28%

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

Last update for Toronto: October 18, 2026

Last update for Highlands Ranch, CO: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.5%

Highlands Ranch, CO

$2.2K 65.1% 51.2% $742

Groceries & Markets

Toronto

$343 13.1%

Highlands Ranch, CO

$368 10.9% 7.3% $25

Eating Out

Toronto

$283 10.9%

Highlands Ranch, CO

$284 8.4% 0.3% $0.8

Monthly Utilities & Internet

Toronto

$201 7.7%

Highlands Ranch, CO

$340 10.1% 69.6% $140

Clothing & Footwear

Toronto

$141 5.4%

Highlands Ranch, CO

$146 4.4% 4% $5.6

Getting Around

Toronto

$130 5%

Highlands Ranch, CO

$12 * 0.4% 90.8% $118

Sport & Entertainment

Toronto

$65 2.5%

Highlands Ranch, CO

$24 * 0.7% 62.8% $41

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,631 in Toronto versus $2,864 in Highlands Ranch, CO. 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 107% higher in Highlands Ranch, CO, 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 $79.0 in Toronto versus $80.0 in Highlands Ranch, CO. Monthly groceries follow the same trend: $343 vs $368 – making Toronto the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Highlands Ranch, CO

🕒 Local time

22:11 10:11 PM

20:11 8:11 PM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

💱 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 22, 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 22, 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 Highlands Ranch, CO 2,170 km ≈ 3 h 15 min nonstop flight

From you

Toronto
Highlands Ranch, CO

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 Highlands Ranch, CO: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,610 in Toronto, $3,365 in Highlands Ranch, CO – roughly 29% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,916 per month in Toronto and $5,047 in Highlands Ranch, CO. 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 $2,610 in Toronto and $3,365 in Highlands Ranch, CO. That's a gap of about 29%.

Kindergarten costs $832 per month in Toronto and $1,306 in Highlands Ranch, CO. 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 $2,610 in Toronto and $3,365 in Highlands Ranch, CO. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Toronto – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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, Highlands Ranch, CO makes more sense. Both are solid long-term options with distinct trade-offs.