Last update: Oct 2026

Cost of Living Comparison Between Toronto and Iquique

For one person, living is cheaper in Iquique: $999 a month against $2,561 in Toronto, rent and utilities included – about $18,700 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
49

Cost of Living Index in Iquique
Learn more

Iquique Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Iquique

🇨🇱 Chile

$999

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Iquique

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

Monthly costs for one person with rent: $2,561 in Toronto versus $999 in Iquique.

Toronto $2,561
Iquique $999

Estimated couple costs with rent: $3,694 in Toronto versus $1,590 in Iquique.

Toronto $3,694
Iquique $1,590

Monthly costs for a family of three with rent: $4,826 in Toronto versus $2,180 in Iquique.

Toronto $4,826
Iquique $2,180

Living in Toronto is roughly 156% more expensive than in Iquique, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Toronto is 90% above, Iquique is 26% below.

Meal at Budget Restaurant

$17.18 CA$24.29

$7.48 CLP 7,359

129.68%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$40.30 CLP 39.7K

88.51%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$7.04 CLP 6,934

49.72%

Cappuccino

$4.02 CA$5.68

$3.44 CLP 3,384

16.86%

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

$2.12 CA$3.00

$1.23 CLP 1,210

72.36%

Water (0.33 liter bottle)

$1.75 CA$2.48

$0.95 CLP 937

84.21%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$3.27 CLP 3,222

90.83%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$3.61 CLP 3,552

96.40%

Milk (1 liter)

$2.44 CA$3.45

$1.09 CLP 1,077

123.85%

White Bread (500g)

$2.68 CA$3.78

$1.13 CLP 1,111

137.17%

Rice (white) (1kg)

$2.24 CA$3.17

$1.31 CLP 1,285

70.99%

Eggs

$3.56 CA$5.03

$3.02 CLP 2,972

17.88%

Local Cheese (1kg)

$9.09 CA$12.85

$10.12 CLP 9,962

-10.18%

Chicken Fillets (1kg)

$11.33 CA$16.01

$10.05 CLP 9,896

12.74%

Beef Round Steak (1kg)

$14.53 CA$20.55

Apples (1kg)

$3.62 CA$5.12

$2.31 CLP 2,273

56.71%

Banana (1kg)

$1.21 CA$1.72

$2.15 CLP 2,121

-43.72%

Oranges (1kg)

$3.60 CA$5.09

$1.51 CLP 1,484

138.41%

Tomato (1kg)

$4.21 CA$5.96

$1.06 CLP 1,040

297.17%

Potato (1kg)

$1.79 CA$2.53

$0.73 CLP 722

145.21%

Onion (1kg)

$1.59 CA$2.25

$0.64 CLP 628

148.44%

Lettuce (1 head)

$2.27 CA$3.21

$1.00 CLP 981

127.00%

Water (1.5 liter bottle)

$1.25 CA$1.77

$1.35 CLP 1,326

-7.41%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$7.25 CLP 7,139

90.62%

Wine (Bottle)

$14.27 CA$20.18

$7.86 CLP 7,734

81.55%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$0.84 CLP 828

189.29%

One-way Ticket (Public Transport)

$2.39 CA$3.38

$0.69 CLP 679

246.38%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$2.91 CA$4.12

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

Gasoline (1 liter)

$1.21 CA$1.71

$1.44 CLP 1,419

-15.97%

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

$28.2K CA$39.8K

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

$20.3K CA$28.6K

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

$120 CA$170

$88.6 CLP 87.2K

35.79%

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

$32.26 CA$45.60

$15.63 CLP 15.4K

106.40%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$23.17 CLP 22.8K

106.86%

Gym Membership (Monthly)

$38.48 CA$54.4

$50.7 CLP 49.9K

-24.10%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$12.38 CA$17.50

$6.91 CLP 6,803

79.16%

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

$830 CA$1,173

$254 CLP 249.8K

227.07%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$30.11 CLP 29.6K

68.42%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$23.04 CLP 22.7K

73.70%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$46.57 CLP 45.8K

110.37%

Men's Leather Business Shoes

$121 CA$171

$58.3 CLP 57.4K

106.91%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$422 CLP 415.4K

277.27%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$382 CLP 375.7K

269.50%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$683 CLP 671.9K

291.16%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$781 CLP 769.3K

175.32%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

$1,718 CLP 1.7M

362.52%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

$1,926 CLP 1.9M

239.73%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

$958 CLP 943.5K

288.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

7.5

-40.40%

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

Last update for Toronto: October 12, 2026

Last update for Iquique: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Iquique

$382 38.2% 72.9% $1K

Groceries & Markets

Toronto

$340 13.3%

Iquique

$197 * 19.7% 42% $143

Eating Out

Toronto

$278 10.9%

Iquique

$155 15.5% 44.5% $124

Monthly Utilities & Internet

Toronto

$201 7.8%

Iquique

$127 12.8% 36.5% $73

Clothing & Footwear

Toronto

$139 5.4%

Iquique

$71 7.1% 48.9% $68

Getting Around

Toronto

$129 5.1%

Iquique

$2.8 * 0.3% 97.9% $127

Sport & Entertainment

Toronto

$63 2.5%

Iquique

$65 6.5% 2% $1.3

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,592 in Toronto and $422 in Iquique. Housing cost is often the main lever when comparing two cities.

Toronto pays 289% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $76.0 in Toronto vs $40.00 in Iquique for a mid-range dinner for two. Groceries echo the gap at $340 vs $197 per month, with Iquique cheaper across the board.

Good to know

🇨🇦 Toronto

🇨🇱 Iquique

🕒 Local time

10:21 10:21 AM

11:21 11:21 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

188,003

💱 Currency

Canadian Dollar CAD $

Chilean Peso CLP $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

Exchange rates and currency converter

CLP, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Chilean Peso exchange rates as of October 17, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Iquique 7,160 km ≈ 9 h nonstop flight

From you

Toronto
Iquique

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 Iquique: Cost of Living - Frequently Asked Questions

Toronto and Iquique differ by about 156% in total monthly costs ($2,561 vs $999 including rent). Iquique is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 289% higher in Toronto, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,592 in Toronto versus $422 in Iquique. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 73% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,561 per month in Toronto versus $999 in Iquique – a 156% gap that adds up to real savings over time for anyone picking the cheaper option.

At $999 in Iquique versus $2,561 in Toronto, a $2,000 budget is realistic in Iquique but tight or insufficient in Toronto. The gap between the two cities makes Iquique the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Iquique gentler on the wallet – expenses run 156% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.