Cost of Living Comparison Between Toronto and Labrador City Cost of Living Comparison Between Toronto and Labrador City

Monthly Cost of Living

Monthly costs for one person with rent: $2,776 in Toronto versus $2,524 in Labrador City.

Estimated couple costs with rent: $4,051 in Toronto versus $3,657 in Labrador City.

Monthly costs for a family of three with rent: $5,325 in Toronto versus $4,790 in Labrador City.

Living in Toronto is roughly 10% more expensive than in Labrador City, driven mainly by Eating Out.

Both cities are pricier than the global median: Toronto 108% above, Labrador City 89% above.

Meal at Budget Restaurant

$18.95 CA$26.72

$31.39 CA$44.28

-39.63%

Three-Course Dinner for Two, Mid-Range

$83.9 CA$118

$73.6 CA$104

13.98%

Fast Food Meal (McDonalds, etc)

$10.97 CA$15.47

$13.67 CA$19.29

-19.75%

Cappuccino

$3.97 CA$5.60

$3.84 CA$5.42

3.39%

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

$2.15 CA$3.03

$4.34 CA$6.12

-50.46%

Water (0.33 liter bottle)

$1.64 CA$2.31

$2.24 CA$3.16

-26.79%

Local Beer (0.5 liter draught)

$6.06 CA$8.54

$5.54 CA$7.82

9.39%

Imported Beer (0.33 liter bottle)

$6.79 CA$9.58

$5.82 CA$8.21

16.67%

Milk (1 liter)

$2.71 CA$3.82

$2.19 CA$3.09

23.74%

White Bread (500g)

$2.75 CA$3.88

$2.72 CA$3.84

1.10%

Rice (white) (1kg)

$3.58 CA$5.05

$3.49 CA$4.92

2.58%

Eggs

$3.47 CA$4.89

$3.04 CA$4.29

14.14%

Local Cheese (1kg)

$13.60 CA$19.18

$11.06 CA$15.59

22.97%

Chicken Fillets (1kg)

$13.37 CA$18.86

$11.63 CA$16.40

14.96%

Beef Round Steak (1kg)

$16.87 CA$23.80

$14.92 CA$21.04

13.07%

Apples (1kg)

$4.19 CA$5.91

$4.11 CA$5.79

1.95%

Banana (1kg)

$1.14 CA$1.61

$1.42 CA$2.00

-19.72%

Oranges (1kg)

$3.23 CA$4.56

$3.75 CA$5.29

-13.87%

Tomato (1kg)

$3.98 CA$5.62

$3.84 CA$5.41

3.65%

Potato (1kg)

$2.48 CA$3.50

$2.51 CA$3.54

-1.20%

Onion (1kg)

$2.82 CA$3.98

$2.48 CA$3.49

13.71%

Lettuce (1 head)

$2.35 CA$3.32

$2.50 CA$3.52

-6.00%

Water (1.5 liter bottle)

$1.96 CA$2.77

$1.79 CA$2.52

9.50%

Cigarettes 20 Pack (Marlboro, Camel)

$14.81 CA$20.89

$14.21 CA$20.05

4.22%

Wine (Bottle)

$14.21 CA$20.04

$11.72 CA$16.53

21.25%

Local Beer (0.5 liter bottle)

$2.70 CA$3.80

$2.83 CA$3.99

-4.59%

Imported Beer (0.33 liter bottle)

$3.14 CA$4.42

$3.03 CA$4.28

3.63%

One-way Ticket (Public Transport)

$2.54 CA$3.58

$2.39 CA$3.37

6.28%

Public Transport Monthly Pass (Regular Price)

$116 CA$163

$62.8 CA$88.6

84.57%

Taxi Start (Normal Tariff)

$3.57 CA$5.04

$3.21 CA$4.53

11.21%

Taxi (Normal Tariff) (1km)

$1.40 CA$1.98

$1.44 CA$2.03

-2.78%

Taxi 1hour Waiting (Normal Tariff)

$25.54 CA$36.02

$26.12 CA$36.84

-2.22%

Gasoline (1 liter)

$1.09 CA$1.54

$1.12 CA$1.58

-2.68%

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

$25.4K CA$35.8K

$25.1K CA$35.3K

1.31%

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

$21.3K CA$30.0K

$20.8K CA$29.3K

2.35%

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

$116 CA$164

$143 CA$202

-18.52%

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

$37.15 CA$52.4

$44.47 CA$62.7

-16.46%

Internet (50+ Mbps, Unlimited Data)

$53.2 CA$75.0

$98.6 CA$139

-46.02%

Gym Membership (Monthly)

$55.7 CA$78.6

$42.28 CA$59.6

31.76%

Tennis Court (1 Hour on Weekend)

$20.88 CA$29.45

Cinema Ticket

$11.63 CA$16.40

$11.46 CA$16.17

1.48%

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

$1,122 CA$1,582

$729 CA$1,029

53.82%

International Primary School, 1 Child (Yearly)

$18.1K CA$25.5K

$11.9K CA$16.7K

52.26%

Jeans (Levis 501 Or Similar)

$58.5 CA$82.5

$54.7 CA$77.2

6.91%

Summer Dress (H&M, Zara, etc)

$39.43 CA$55.6

$40.29 CA$56.8

-2.13%

Sport Shoes (Adidas, Nike)

$90.4 CA$128

$85.5 CA$121

5.77%

Men's Leather Business Shoes

$113 CA$159

$106 CA$150

6.24%

1-bedroom Apartment, City Center (Monthly)

$1,823 CA$2,572

$1,313 CA$1,851

38.91%

1-bedroom Apartment, Outside City Center (Monthly)

$1,557 CA$2,196

$1,166 CA$1,645

33.50%

3-bedroom Apartment, City Center (Monthly)

$2,986 CA$4,212

$1,977 CA$2,788

51.05%

3-bedroom Apartment, Outside City Center (Monthly)

$2,450 CA$3,456

$1,787 CA$2,521

37.08%

Buy Apartment in City Center (m2)

$8,678 CA$12.2K

$4,226 CA$5,960

105.36%

Buy Apartment Outside City Center (m2)

$6,940 CA$9,789

$3,935 CA$5,550

76.40%

Average Monthly Net Salary (After Tax)

$3,390 CA$4,782

$3,311 CA$4,670

2.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.39

-19.25%

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

Last update for Toronto: July 21, 2026

Last update for Labrador City: July 22, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,823 in Toronto and $1,313 in Labrador City. Housing cost is often the main lever when comparing two cities.

Toronto pays 2% 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: $84.0 in Toronto vs $74.0 in Labrador City for a mid-range dinner for two. Groceries echo the gap at $396 vs $362 per month, with Labrador City cheaper across the board.

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 Labrador City: Cost of Living - Frequently Asked Questions

Labrador City is cheaper overall, especially in Groceries & Markets, Getting Around, Clothing & Footwear, Sport & Entertainment. The 10% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 2% 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: $1,823 in Toronto versus $1,313 in Labrador City. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Labrador City – a meal for two runs $74.0 versus $84.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,776 per month in Toronto versus $2,524 in Labrador City – a 10% gap that adds up to real savings over time for anyone picking the cheaper option.

Both cities are expensive relative to $2,500. Labrador City is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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.

Safety-wise, Toronto and Labrador City are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Labrador City gentler on the wallet – expenses run 10% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.