Cost of Living Comparison Between Toronto and Iqaluit, NU Cost of Living Comparison Between Toronto and Iqaluit, NU

🙂 Solo nomad: Toronto is 12.9% cheaper than Iqaluit, NU without rent, and 8.1% cheaper with rent.

🙂 Family of 3: Toronto is 21.3% cheaper than Iqaluit, NU without rent, and 3.8% more expensive with rent.

Meal at Budget Restaurant

$18.97 CA$26.37

$31.40 CA$43.65

-39.59%

Three-Course Dinner for Two, Mid-Range

$82.9 CA$115

$65.7 CA$91.3

26.18%

Fast Food Meal (McDonalds, etc)

$11.12 CA$15.45

$12.94 CA$17.99

-14.06%

Cappuccino

$3.98 CA$5.54

$6.76 CA$9.39

-41.12%

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

$2.11 CA$2.93

$3.95 CA$5.48

-46.58%

Water (0.33 liter bottle)

$1.70 CA$2.37

$1.62 CA$2.25

4.94%

Local Beer (0.5 liter draught)

$5.84 CA$8.12

$6.78 CA$9.42

-13.86%

Imported Beer (0.33 liter bottle)

$6.64 CA$9.23

$5.73 CA$7.97

15.88%

Milk (1 liter)

$2.80 CA$3.89

$2.53 CA$3.51

10.67%

White Bread (500g)

$2.87 CA$3.99

$2.69 CA$3.74

6.69%

Rice (white) (1kg)

$3.68 CA$5.12

$2.90 CA$4.02

26.90%

Eggs

$3.47 CA$4.82

$4.41 CA$6.12

-21.32%

Local Cheese (1kg)

$13.62 CA$18.93

$11.79 CA$16.38

15.52%

Chicken Fillets (1kg)

$13.03 CA$18.11

$13.50 CA$18.77

-3.48%

Beef Round Steak (1kg)

$16.98 CA$23.60

$25.05 CA$34.82

-32.22%

Apples (1kg)

$4.07 CA$5.65

$2.01 CA$2.80

102.49%

Banana (1kg)

$1.18 CA$1.64

$3.02 CA$4.20

-60.93%

Oranges (1kg)

$3.35 CA$4.65

$2.01 CA$2.80

66.67%

Tomato (1kg)

$3.98 CA$5.53

$2.05 CA$2.85

94.15%

Potato (1kg)

$2.42 CA$3.37

$2.92 CA$4.06

-17.12%

Onion (1kg)

$2.90 CA$4.03

$3.95 CA$5.49

-26.58%

Lettuce (1 head)

$2.45 CA$3.40

$3.02 CA$4.20

-18.87%

Water (1.5 liter bottle)

$1.97 CA$2.75

$3.59 CA$5.00

-45.13%

Cigarettes 20 Pack (Marlboro, Camel)

$14.49 CA$20.13

$14.34 CA$19.93

1.05%

Wine (Bottle)

$13.12 CA$18.23

$12.89 CA$17.91

1.78%

Local Beer (0.5 liter bottle)

$2.77 CA$3.86

$1.48 CA$2.06

87.16%

Imported Beer (0.33 liter bottle)

$3.28 CA$4.56

$2.20 CA$3.05

49.09%

One-way Ticket (Public Transport)

$2.50 CA$3.48

$2.31 CA$3.20

8.23%

Public Transport Monthly Pass (Regular Price)

$117 CA$162

$142 CA$197

-17.82%

Taxi Start (Normal Tariff)

$3.78 CA$5.25

$6.76 CA$9.40

-44.08%

Taxi (Normal Tariff) (1km)

$1.35 CA$1.88

$0.67 CA$0.94

101.49%

Taxi 1hour Waiting (Normal Tariff)

$25.68 CA$35.70

$25.38 CA$35.27

1.18%

Gasoline (1 liter)

$1.14 CA$1.59

$1.32 CA$1.83

-13.64%

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

$25.1K CA$34.9K

$50.0K CA$69.5K

-49.82%

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

$21.4K CA$29.8K

$46.1K CA$64.1K

-53.55%

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

$120 CA$166

$118 CA$163

1.77%

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

$36.86 CA$51.2

$55.2 CA$76.7

-33.18%

Internet (50+ Mbps, Unlimited Data)

$54.2 CA$75.4

$55.7 CA$77.5

-2.73%

Gym Membership (Monthly)

$56.5 CA$78.5

$41.35 CA$57.5

36.61%

Tennis Court (1 Hour on Weekend)

$21.02 CA$29.22

$22.07 CA$30.67

-4.76%

Cinema Ticket

$11.59 CA$16.11

$8.19 CA$11.38

41.51%

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

$1,134 CA$1,576

$987 CA$1,372

14.91%

International Primary School, 1 Child (Yearly)

$18.4K CA$25.6K

$3,946 CA$5,485

367.49%

Jeans (Levis 501 Or Similar)

$57.0 CA$79.2

$63.4 CA$88.1

-10.10%

Summer Dress (H&M, Zara, etc)

$38.93 CA$54.1

$36.50 CA$50.7

6.66%

Sport Shoes (Adidas, Nike)

$89.6 CA$124

$103 CA$142

-12.63%

Men's Leather Business Shoes

$116 CA$161

$120 CA$167

-3.48%

1-bedroom Apartment, City Center (Monthly)

$1,819 CA$2,528

$1,705 CA$2,370

6.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,529 CA$2,125

$1,599 CA$2,223

-4.40%

3-bedroom Apartment, City Center (Monthly)

$2,993 CA$4,160

$3,039 CA$4,224

-1.51%

3-bedroom Apartment, Outside City Center (Monthly)

$2,444 CA$3,397

$1,806 CA$2,510

35.32%

Buy Apartment in City Center (m2)

$8,696 CA$12.1K

$4,373 CA$6,079

98.84%

Buy Apartment Outside City Center (m2)

$6,744 CA$9,374

$3,615 CA$5,025

86.55%

Average Monthly Net Salary (After Tax)

$3,628 CA$5,043

$5,474 CA$7,609

-33.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

8.1

-36.30%

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

Last update for Toronto: January 13, 2026

Last update for Iqaluit, NU: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Similar cities

Austin, TX

🇺🇸 United States

Dubai

🇦🇪 United Arab Emirates

Hong Kong

🇭🇰 Hong Kong (China)

Munich

🇩🇪 Germany

Sydney

🇦🇺 Australia

Vancouver

🇨🇦 Canada

Tel Aviv-Yafo

🇮🇱 Israel

Frankfurt

🇩🇪 Germany