Last update: Oct 2026

Cost of Living Comparison Between Toronto and La Serena

For one person, living is cheaper in La Serena: $1,094 a month against $2,530 in Toronto, rent and utilities included – about $17,200 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
54

Cost of Living Index in La Serena
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La Serena Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

La Serena

🇨🇱 Chile

$1,094

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in La Serena

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

A single person spends $2,530 per month in Toronto vs $1,094 in La Serena, rent included.

Toronto $2,530
La Serena $1,094

A couple spends around $3,646 per month in Toronto vs $1,814 in La Serena, rent included.

Toronto $3,646
La Serena $1,814

A family of three spends $4,761 per month in Toronto vs $2,534 in La Serena, rent included.

Toronto $4,761
La Serena $2,534

Toronto costs about 131% more than La Serena, and outside of rent the biggest gap is in eating out.

Toronto sits 89% above the global median, while La Serena is 18% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.67 CA$25.13

$7.53 CLP 7,356

134.66%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$48.88 CLP 47.8K

58.31%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.90

$8.16 CLP 7,974

28.31%

Cappuccino

$4.08 CA$5.80

$2.91 CLP 2,842

40.21%

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

$2.12 CA$3.01

$1.10 CLP 1,076

92.73%

Water (0.33 liter bottle)

$1.76 CA$2.50

$0.64 CLP 627

175.00%

Local Beer (0.5 liter draught)

$6.17 CA$8.78

$2.11 CLP 2,058

192.42%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.80

$3.82 CLP 3,736

80.37%

Milk (1 liter)

$2.43 CA$3.46

$1.25 CLP 1,219

94.40%

White Bread (500g)

$2.75 CA$3.91

$2.38 CLP 2,325

15.55%

Rice (white) (1kg)

$2.23 CA$3.17

$1.53 CLP 1,496

45.75%

Eggs

$3.45 CA$4.90

$3.86 CLP 3,769

-10.62%

Local Cheese (1kg)

$8.93 CA$12.71

$12.43 CLP 12.1K

-28.16%

Chicken Fillets (1kg)

$11.44 CA$16.27

$5.99 CLP 5,850

90.98%

Beef Round Steak (1kg)

$14.61 CA$20.78

$12.72 CLP 12.4K

14.86%

Apples (1kg)

$3.75 CA$5.33

$1.82 CLP 1,781

106.04%

Banana (1kg)

$1.15 CA$1.63

$1.78 CLP 1,737

-35.39%

Oranges (1kg)

$3.55 CA$5.05

$1.28 CLP 1,254

177.34%

Tomato (1kg)

$4.28 CA$6.09

$1.43 CLP 1,394

199.30%

Potato (1kg)

$1.85 CA$2.62

$1.15 CLP 1,121

60.87%

Onion (1kg)

$1.67 CA$2.37

$1.22 CLP 1,194

36.89%

Lettuce (1 head)

$2.22 CA$3.15

$1.02 CLP 1,001

117.65%

Water (1.5 liter bottle)

$1.21 CA$1.72

$0.92 CLP 899

31.52%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.74

$5.30 CLP 5,176

161.89%

Wine (Bottle)

$14.25 CA$20.27

$5.18 CLP 5,067

175.10%

Local Beer (0.5 liter bottle)

$2.20 CA$3.12

$0.96 CLP 941

129.17%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.44

$2.08 CLP 2,033

16.35%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$1.04 CLP 1,017

132.69%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$35.64 CLP 34.8K

210.72%

Taxi Start (Normal Tariff)

$2.90 CA$4.12

$0.70 CLP 681

314.29%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.79

$2.04 CLP 1,999

-38.24%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.33

$12.37 CLP 12.1K

78.09%

Gasoline (1 liter)

$1.22 CA$1.74

$1.43 CLP 1,395

-14.69%

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

$27.6K CA$39.3K

$20.4K CLP 20.0M

35.32%

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

$19.8K CA$28.2K

$12.6K CLP 12.4M

56.73%

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

$122 CA$173

$89.2 CLP 87.2K

36.68%

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

$32.03 CA$45.56

$11.07 CLP 10.8K

189.34%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.2

$21.51 CLP 21.0K

122.78%

Gym Membership (Monthly)

$38.90 CA$55.3

$86.5 CLP 84.5K

-55.02%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.05

$20.92 CLP 20.4K

11.09%

Cinema Ticket

$12.61 CA$17.94

$8.13 CLP 7,948

55.10%

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

$834 CA$1,186

International Primary School, 1 Child (Yearly)

$23.3K CA$33.2K

Jeans (Levis 501 Or Similar)

$52.6 CA$74.8

$44.32 CLP 43.3K

18.68%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.3

$61.4 CLP 60.0K

-34.46%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$92.2 CLP 90.1K

4.36%

Men's Leather Business Shoes

$123 CA$175

$105 CLP 102.3K

17.50%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,273

$429 CLP 419.2K

272.58%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,041

$323 CLP 315.5K

344.46%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,779

$898 CLP 878.1K

195.71%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,981

$728 CLP 711.5K

187.95%

Buy Apartment in City Center (m2)

$8,033 CA$11.4K

$2,070 CLP 2.0M

287.99%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,327

$1,353 CLP 1.3M

384.77%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,324

$718 CLP 701.8K

421.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.5

-31.23%

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

Last update for Toronto: October 4, 2026

Last update for La Serena: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

La Serena

$323 29% 77.5% $1.1K

Groceries & Markets

Toronto

$340 13.1%

La Serena

$236 21.1% 30.7% $105

Eating Out

Toronto

$282 10.9%

La Serena

$145 13% 48.7% $137

Monthly Utilities & Internet

Toronto

$202 7.8%

La Serena

$122 10.9% 39.7% $80

Clothing & Footwear

Toronto

$140 5.4%

La Serena

$136 12.2% 3% $4.2

Getting Around

Toronto

$130 5%

La Serena

$51 4.6% 60.9% $79

Sport & Entertainment

Toronto

$64 2.5%

La Serena

$103 9.2% 60.2% $39

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $429 in La Serena. 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 421% higher in Toronto, 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 $77.0 in Toronto versus $49.00 in La Serena. Monthly groceries follow the same trend: $340 vs $236 – making La Serena the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇨🇱 La Serena

🕒 Local time

04:50 4:50 AM

05:50 5:50 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

195,382

💱 Currency

Canadian Dollar CAD $

Chilean Peso CLP $

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.627 EUR

10,000 CLP = 10.23 USD

10,000 CLP = 9.12 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 10, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.6 CAD (1 CAD = 0.627 EUR).

Chilean Peso exchange rates as of October 10, 2026: 1 USD = 977 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,096 CLP (10,000 CLP = 9.12 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto La Serena 8,220 km ≈ 11 h nonstop flight

From you

Toronto
La Serena

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 La Serena: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 131%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,795 per month in Toronto and $1,642 in La Serena. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in La Serena, 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 $2,530 in Toronto and $1,094 in La Serena. That's a gap of about 131%.

A mid-range dinner for two costs $77.0 in Toronto and $49.00 in La Serena. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in La Serena, where all-in costs run around $1,094, than in Toronto at $2,530. In La Serena it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

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

If budget matters most, go with La Serena. 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.