Last update: Oct 2026

Cost of Living Comparison Between Toronto and Hopkins

For one person, living is cheaper in Hopkins: $161 a month against $2,561 in Toronto, rent and utilities included – about $28,800 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

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Hopkins

🇧🇿 Belize

$161

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Hopkins

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

A single person spends $2,561 per month in Toronto vs $161 in Hopkins, rent included.

Toronto $2,561
Hopkins $161

A couple spends around $3,694 per month in Toronto vs $261 in Hopkins, rent included.

Toronto $3,694
Hopkins $261

A family of three spends $4,826 per month in Toronto vs $360 in Hopkins, rent included.

Toronto $4,826
Hopkins $360

Toronto costs about 1492% more than Hopkins, and outside of rent the biggest gap is in groceries.

Toronto sits 90% above the global median, while Hopkins is 88% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.18 CA$24.42

$13.45 BZD 26.90

27.73%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$108

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.98

Cappuccino

$4.02 CA$5.72

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

$2.12 CA$3.02

Water (0.33 liter bottle)

$1.75 CA$2.49

Local Beer (0.5 liter draught)

$6.24 CA$8.88

Imported Beer (0.33 liter bottle)

$7.09 CA$10.07

Milk (1 liter)

$2.44 CA$3.47

White Bread (500g)

$2.68 CA$3.81

Rice (white) (1kg)

$2.24 CA$3.19

Eggs

$3.56 CA$5.06

Local Cheese (1kg)

$9.09 CA$12.92

Chicken Fillets (1kg)

$11.33 CA$16.10

Beef Round Steak (1kg)

$14.53 CA$20.66

Apples (1kg)

$3.62 CA$5.15

Banana (1kg)

$1.21 CA$1.73

Oranges (1kg)

$3.60 CA$5.12

Tomato (1kg)

$4.21 CA$5.99

Potato (1kg)

$1.79 CA$2.54

Onion (1kg)

$1.59 CA$2.26

Lettuce (1 head)

$2.27 CA$3.23

Water (1.5 liter bottle)

$1.25 CA$1.78

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.64

Wine (Bottle)

$14.27 CA$20.29

Local Beer (0.5 liter bottle)

$2.20 CA$3.12

Imported Beer (0.33 liter bottle)

$2.43 CA$3.46

One-way Ticket (Public Transport)

$2.39 CA$3.40

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.91 CA$4.14

Taxi (Normal Tariff) (1km)

$1.20 CA$1.70

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.40

Gasoline (1 liter)

$1.21 CA$1.72

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

$28.2K CA$40.1K

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

$20.3K CA$28.8K

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

$120 CA$171

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

$32.26 CA$45.86

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$68.2

Gym Membership (Monthly)

$38.48 CA$54.7

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.64

Cinema Ticket

$12.38 CA$17.60

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

$830 CA$1,180

International Primary School, 1 Child (Yearly)

$23.1K CA$32.8K

Jeans (Levis 501 Or Similar)

$50.7 CA$72.1

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.9

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$118 BZD 237

-17.22%

Men's Leather Business Shoes

$121 CA$172

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,264

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$2,005

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,796

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,059

Buy Apartment in City Center (m2)

$7,945 CA$11.3K

Buy Apartment Outside City Center (m2)

$6,542 CA$9,301

Average Monthly Net Salary (After Tax)

$3,727 CA$5,298

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

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

Last update for Toronto: October 12, 2026

Last update for Hopkins: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Hopkins

–

Groceries & Markets

Toronto

$340 13.3%

Hopkins

–

Eating Out

Toronto

$278 10.9%

Hopkins

–

Monthly Utilities & Internet

Toronto

$201 7.8%

Hopkins

–

Clothing & Footwear

Toronto

$139 5.4%

Hopkins

–

Getting Around

Toronto

$129 5.1%

Hopkins

–

Sport & Entertainment

Toronto

$63 2.5%

Hopkins

–

Good to know

🇨🇦 Toronto

🇧🇿 Hopkins

🕒 Local time

03:58 3:58 AM

01:58 1:58 AM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

1,767

💱 Currency

Canadian Dollar CAD $

Belize Dollar BZD $

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.629 EUR

1 BZD = 0.5 USD

1 BZD = 0.447 EUR

Exchange rates and currency converter

BZD, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 14, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Belize Dollar exchange rates as of October 14, 2026: 1 USD = 2 BZD (1 BZD = 0.5 USD). 1 EUR = 2.24 BZD (1 BZD = 0.447 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Hopkins 3,100 km ≈ 4 h 15 min nonstop flight

From you

Toronto
Hopkins

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 Hopkins: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 1492%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,841 per month in Toronto and $241 in Hopkins. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A $1,500 monthly budget goes further in Hopkins, where all-in costs run around $161, than in Toronto at $2,561. In Hopkins it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Hopkins – 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 Hopkins. 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.