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

🙂 Solo nomad: Toronto is 2% cheaper than Iqaluit, NU without rent, and 10.6% cheaper with rent.

🙂 Family of 3: Toronto is 16.7% cheaper than Iqaluit, NU without rent, and 7.2% more expensive with rent.

Meal at Budget Restaurant

$18.40 CA$25.20

$31.39 CA$43.01

-41.38%

Three-Course Dinner for Two, Mid-Range

$81.3 CA$111

$65.1 CA$89.2

24.91%

Fast Food Meal (McDonalds, etc)

$10.92 CA$14.97

$13.11 CA$17.97

-16.70%

Cappuccino

$3.83 CA$5.25

$6.63 CA$9.08

-42.23%

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

$2.19 CA$3.01

$3.92 CA$5.38

-44.13%

Water (0.33 liter bottle)

$1.64 CA$2.25

$1.69 CA$2.31

-2.96%

Local Beer (0.5 liter draught)

$5.87 CA$8.05

$6.96 CA$9.53

-15.66%

Imported Beer (0.33 liter bottle)

$6.74 CA$9.24

$5.72 CA$7.83

17.83%

Milk (1 liter)

$2.69 CA$3.68

$2.55 CA$3.50

5.49%

White Bread (500g)

$2.78 CA$3.81

$2.61 CA$3.57

6.51%

Rice (white) (1kg)

$3.51 CA$4.81

$2.99 CA$4.09

17.39%

Eggs

$3.47 CA$4.76

$4.31 CA$5.91

-19.49%

Local Cheese (1kg)

$13.25 CA$18.15

$12.07 CA$16.53

9.78%

Chicken Fillets (1kg)

$12.92 CA$17.70

$13.97 CA$19.14

-7.52%

Beef Round Steak (1kg)

$16.38 CA$22.44

$25.25 CA$34.60

-35.13%

Apples (1kg)

$4.03 CA$5.52

$2.01 CA$2.76

100.50%

Banana (1kg)

$1.17 CA$1.61

$2.97 CA$4.07

-60.61%

Oranges (1kg)

$3.35 CA$4.59

$2.06 CA$2.82

62.62%

Tomato (1kg)

$4.01 CA$5.50

$1.95 CA$2.68

105.64%

Potato (1kg)

$2.44 CA$3.34

$3.09 CA$4.23

-21.04%

Onion (1kg)

$2.84 CA$3.90

$3.95 CA$5.41

-28.10%

Lettuce (1 head)

$2.39 CA$3.27

$3.03 CA$4.16

-21.12%

Water (1.5 liter bottle)

$1.98 CA$2.71

$3.54 CA$4.85

-44.07%

Cigarettes 20 Pack (Marlboro, Camel)

$14.82 CA$20.31

$14.35 CA$19.66

3.28%

Wine (Bottle)

$14.37 CA$19.68

$13.32 CA$18.24

7.88%

Local Beer (0.5 liter bottle)

$2.77 CA$3.79

$1.48 CA$2.03

87.16%

Imported Beer (0.33 liter bottle)

$3.30 CA$4.52

$2.17 CA$2.98

52.07%

One-way Ticket (Public Transport)

$2.45 CA$3.35

$2.36 CA$3.23

3.81%

Public Transport Monthly Pass (Regular Price)

$113 CA$155

$146 CA$200

-22.32%

Taxi Start (Normal Tariff)

$3.61 CA$4.95

$6.52 CA$8.94

-44.63%

Taxi (Normal Tariff) (1km)

$1.42 CA$1.94

$0.66 CA$0.91

115.15%

Taxi 1hour Waiting (Normal Tariff)

$25.90 CA$35.48

$26.23 CA$35.94

-1.26%

Gasoline (1 liter)

$1.10 CA$1.50

$1.32 CA$1.81

-16.67%

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

$25.5K CA$35.0K

$49.5K CA$67.8K

-48.36%

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

$21.0K CA$28.7K

$45.0K CA$61.6K

-53.40%

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

$119 CA$163

$116 CA$159

2.28%

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

$37.69 CA$51.6

$54.6 CA$74.9

-31.01%

Internet (50+ Mbps, Unlimited Data)

$54.6 CA$74.7

$55.4 CA$75.8

-1.45%

Gym Membership (Monthly)

$57.3 CA$78.5

$41.74 CA$57.2

37.18%

Tennis Court (1 Hour on Weekend)

$20.68 CA$28.33

$22.20 CA$30.42

-6.85%

Cinema Ticket

$11.62 CA$15.92

$8.26 CA$11.32

40.68%

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

$1,118 CA$1,531

$996 CA$1,364

12.25%

International Primary School, 1 Child (Yearly)

$18.3K CA$25.0K

$4,071 CA$5,577

349.11%

Jeans (Levis 501 Or Similar)

$57.3 CA$78.6

$62.6 CA$85.7

-8.39%

Summer Dress (H&M, Zara, etc)

$39.80 CA$54.5

$36.21 CA$49.61

9.91%

Sport Shoes (Adidas, Nike)

$88.4 CA$121

$102 CA$139

-13.09%

Men's Leather Business Shoes

$116 CA$159

$121 CA$166

-4.26%

1-bedroom Apartment, City Center (Monthly)

$1,836 CA$2,516

$1,704 CA$2,334

7.78%

1-bedroom Apartment, Outside City Center (Monthly)

$1,550 CA$2,124

$1,590 CA$2,178

-2.50%

3-bedroom Apartment, City Center (Monthly)

$2,991 CA$4,097

$3,063 CA$4,197

-2.36%

3-bedroom Apartment, Outside City Center (Monthly)

$2,492 CA$3,415

$1,838 CA$2,518

35.62%

Buy Apartment in City Center (m2)

$8,566 CA$11.7K

$4,509 CA$6,178

89.97%

Buy Apartment Outside City Center (m2)

$6,905 CA$9,460

$3,680 CA$5,041

87.65%

Average Monthly Net Salary (After Tax)

$3,697 CA$5,064

$4,373 CA$5,990

-15.46%

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: April 13, 2026

Last update for Iqaluit, NU: April 14, 2026

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

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