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: $2,768 in Toronto versus $2,465 in Labrador City.

Estimated couple costs with rent: $4,066 in Toronto versus $3,655 in Labrador City.

Monthly costs for a family of three with rent: $5,364 in Toronto versus $4,844 in Labrador City.

Living in Toronto is roughly 12% more expensive than Labrador City, driven mainly by Eating Out.

Both cities are pricier than the global median: Toronto 106% above, Labrador City 83% above.

Meal at Budget Restaurant

$18.40 CA$25.20

$31.85 CA$43.63

-42.23%

Three-Course Dinner for Two, Mid-Range

$81.3 CA$111

$71.5 CA$98.0

13.68%

Fast Food Meal (McDonalds, etc)

$10.92 CA$14.97

$13.34 CA$18.27

-18.14%

Cappuccino

$3.83 CA$5.25

$3.84 CA$5.26

-0.26%

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

$2.19 CA$3.01

$4.30 CA$5.89

-49.07%

Water (0.33 liter bottle)

$1.64 CA$2.25

$2.33 CA$3.19

-29.61%

Local Beer (0.5 liter draught)

$5.87 CA$8.05

$5.50 CA$7.54

6.73%

Imported Beer (0.33 liter bottle)

$6.74 CA$9.24

$5.95 CA$8.15

13.28%

Milk (1 liter)

$2.69 CA$3.68

$2.16 CA$2.96

24.54%

White Bread (500g)

$2.78 CA$3.81

$2.74 CA$3.75

1.46%

Rice (white) (1kg)

$3.51 CA$4.81

$3.61 CA$4.95

-2.77%

Eggs

$3.47 CA$4.76

$2.99 CA$4.10

16.05%

Local Cheese (1kg)

$13.25 CA$18.15

$11.21 CA$15.36

18.20%

Chicken Fillets (1kg)

$12.92 CA$17.70

$11.90 CA$16.30

8.57%

Beef Round Steak (1kg)

$16.38 CA$22.44

$14.86 CA$20.36

10.23%

Apples (1kg)

$4.03 CA$5.52

$4.09 CA$5.60

-1.47%

Banana (1kg)

$1.17 CA$1.61

$1.36 CA$1.86

-13.97%

Oranges (1kg)

$3.35 CA$4.59

$3.72 CA$5.10

-9.95%

Tomato (1kg)

$4.01 CA$5.50

$3.75 CA$5.13

6.93%

Potato (1kg)

$2.44 CA$3.34

$2.47 CA$3.38

-1.21%

Onion (1kg)

$2.84 CA$3.90

$2.58 CA$3.53

10.08%

Lettuce (1 head)

$2.39 CA$3.27

$2.59 CA$3.55

-7.72%

Water (1.5 liter bottle)

$1.98 CA$2.71

$1.77 CA$2.42

11.86%

Cigarettes 20 Pack (Marlboro, Camel)

$14.82 CA$20.31

$13.93 CA$19.08

6.39%

Wine (Bottle)

$14.37 CA$19.68

$14.00 CA$19.18

2.64%

Local Beer (0.5 liter bottle)

$2.77 CA$3.79

$2.90 CA$3.97

-4.48%

Imported Beer (0.33 liter bottle)

$3.30 CA$4.52

$3.11 CA$4.26

6.11%

One-way Ticket (Public Transport)

$2.45 CA$3.35

$2.44 CA$3.34

0.41%

Public Transport Monthly Pass (Regular Price)

$113 CA$155

$62.2 CA$85.3

82.31%

Taxi Start (Normal Tariff)

$3.61 CA$4.95

$3.23 CA$4.42

11.76%

Taxi (Normal Tariff) (1km)

$1.42 CA$1.94

$1.43 CA$1.96

-0.70%

Taxi 1hour Waiting (Normal Tariff)

$25.90 CA$35.48

$25.45 CA$34.87

1.77%

Gasoline (1 liter)

$1.10 CA$1.50

$1.12 CA$1.53

-1.79%

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

$25.5K CA$35.0K

$25.3K CA$34.7K

0.99%

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

$21.0K CA$28.7K

-0.01%

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

$119 CA$163

$144 CA$198

-17.69%

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

$37.69 CA$51.6

$44.55 CA$61.0

-15.40%

Internet (50+ Mbps, Unlimited Data)

$54.6 CA$74.7

$96.2 CA$132

-43.27%

Gym Membership (Monthly)

$57.3 CA$78.5

$41.18 CA$56.4

39.05%

Tennis Court (1 Hour on Weekend)

$20.68 CA$28.33

Cinema Ticket

$11.62 CA$15.92

$11.19 CA$15.33

3.84%

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

$1,118 CA$1,531

$751 CA$1,028

48.89%

International Primary School, 1 Child (Yearly)

$18.3K CA$25.0K

$12.0K CA$16.5K

52.15%

Jeans (Levis 501 Or Similar)

$57.3 CA$78.6

$54.1 CA$74.1

6.01%

Summer Dress (H&M, Zara, etc)

$39.80 CA$54.5

$39.13 CA$53.6

1.71%

Sport Shoes (Adidas, Nike)

$88.4 CA$121

$85.8 CA$118

3.07%

Men's Leather Business Shoes

$116 CA$159

$106 CA$145

9.77%

1-bedroom Apartment, City Center (Monthly)

$1,836 CA$2,516

$1,308 CA$1,792

40.41%

1-bedroom Apartment, Outside City Center (Monthly)

$1,550 CA$2,124

$1,181 CA$1,619

31.21%

3-bedroom Apartment, City Center (Monthly)

$2,991 CA$4,097

$1,991 CA$2,728

50.20%

3-bedroom Apartment, Outside City Center (Monthly)

$2,492 CA$3,415

$1,828 CA$2,504

36.36%

Buy Apartment in City Center (m2)

$8,566 CA$11.7K

$3,854 CA$5,281

122.23%

Buy Apartment Outside City Center (m2)

$6,905 CA$9,460

$3,524 CA$4,828

95.93%

Average Monthly Net Salary (After Tax)

$3,697 CA$5,064

$3,385 CA$4,638

9.19%

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: April 13, 2026

Last update for Labrador City: April 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,836 in Toronto and $1,308 in Labrador City. Housing cost is often the main lever when comparing two cities.

Toronto pays 9% 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: $81 in Toronto vs $72 in Labrador City for a mid-range dinner for two. Groceries echo the gap at $392 vs $368 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, Clothing & Footwear, Getting Around, Sport & Entertainment. The 12% gap adds up to real monthly savings that compound significantly over time.

Toronto pays 9% more on average, 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: $1,836 in Toronto versus $1,308 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 $72.0 versus $81.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,768 per month in Toronto versus $2,465 in Labrador City – a 12% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,465 in Labrador City versus $2,768 in Toronto, a $2,500 budget is realistic in Labrador City but tight or insufficient in Toronto. The gap between the two cities makes Labrador City 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.

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 12% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.