Last update: Oct 2026

Cost of Living Comparison Between Toronto and Lake Geneva, WI

For one person, living is cheaper in Lake Geneva, WI: $2,464 a month against $2,610 in Toronto, rent and utilities included – about $1,800 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

126

Cost of Living Index in Toronto
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Toronto Living Index
124

Cost of Living Index in Lake Geneva, WI
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Lake Geneva, WI Living Index

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Toronto

🇨🇦 Canada

$2,610

/mo nomad

Lake Geneva, WI

🇺🇸 United States

$2,464

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Lake Geneva, WI

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 Lake Geneva, WI actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,610 in Toronto versus $2,464 in Lake Geneva, WI.

Toronto $2,610
Lake Geneva, WI $2,464

Estimated couple costs with rent: $3,727 in Toronto versus $3,622 in Lake Geneva, WI.

Toronto $3,727
Lake Geneva, WI $3,622

Monthly costs for a family of three with rent: $4,844 in Toronto versus $4,780 in Lake Geneva, WI.

Toronto $4,844
Lake Geneva, WI $4,780

Living in Toronto is roughly 6% more expensive than in Lake Geneva, WI, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Toronto 93% above, Lake Geneva, WI 82% above.

Meal at Budget Restaurant

$17.59 CA$24.87

$21.49 $21.49

-18.15%

Three-Course Dinner for Two, Mid-Range

$78.8 CA$111

$90.0 $90.0

-12.44%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.16

$12.95 $12.95

-17.14%

Cappuccino

$4.09 CA$5.78

$5.82 $5.82

-29.73%

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

$2.10 CA$2.97

$2.70 $2.70

-22.22%

Water (0.33 liter bottle)

$1.72 CA$2.43

$2.36 $2.36

-27.12%

Local Beer (0.5 liter draught)

$6.36 CA$8.99

$6.95 $6.95

-8.49%

Imported Beer (0.33 liter bottle)

$7.08 CA$10.01

$8.86 $8.86

-20.09%

Milk (1 liter)

$2.54 CA$3.59

$1.01 $1.01

151.49%

White Bread (500g)

$2.72 CA$3.85

$2.46 $2.46

10.57%

Rice (white) (1kg)

$2.18 CA$3.09

$5.06 $5.06

-56.92%

Eggs

$3.63 CA$5.13

$2.00 $2.00

81.50%

Local Cheese (1kg)

$9.46 CA$13.37

$13.97 $13.97

-32.28%

Chicken Fillets (1kg)

$11.54 CA$16.32

$9.65 $9.65

19.59%

Beef Round Steak (1kg)

$14.37 CA$20.32

$9.92 $9.92

44.86%

Apples (1kg)

$3.70 CA$5.23

$4.13 $4.13

-10.41%

Banana (1kg)

$1.19 CA$1.68

$1.93 $1.93

-38.34%

Oranges (1kg)

$3.46 CA$4.90

$4.14 $4.14

-16.43%

Tomato (1kg)

$4.22 CA$5.97

$4.72 $4.72

-10.59%

Potato (1kg)

$1.79 CA$2.52

$2.66 $2.66

-32.71%

Onion (1kg)

$1.65 CA$2.33

$2.66 $2.66

-37.97%

Lettuce (1 head)

$2.20 CA$3.11

$2.21 $2.21

-0.45%

Water (1.5 liter bottle)

$1.26 CA$1.78

$2.97 $2.97

-57.58%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 CA$19.75

$8.45 $8.45

65.33%

Wine (Bottle)

$14.20 CA$20.07

$12.84 $12.84

10.59%

Local Beer (0.5 liter bottle)

$2.25 CA$3.18

$2.66 $2.66

-15.41%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$3.37 $3.37

-24.93%

One-way Ticket (Public Transport)

$2.32 CA$3.28

$2.15 $2.15

7.91%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$3.06 CA$4.33

$3.30 $3.30

-7.27%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$1.36 $1.36

-10.29%

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

$25.17 $25.17

-13.83%

Gasoline (1 liter)

$1.21 CA$1.72

$0.91 $0.91

32.97%

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

$26.1K CA$37.0K

$35.4K $35.4K

-26.12%

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

$21.1K CA$29.9K

$26.3K $26.3K

-19.63%

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

$120 CA$169

$192 $192

-37.63%

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

$32.21 CA$45.54

$67.3 $67.3

-52.14%

Internet (50+ Mbps, Unlimited Data)

$48.88 CA$69.1

$50.6 $50.6

-3.32%

Gym Membership (Monthly)

$39.34 CA$55.6

$42.35 $42.35

-7.11%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$12.58 CA$17.79

$10.13 $10.13

24.19%

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

$832 CA$1,176

$1,687 $1,687

-50.69%

International Primary School, 1 Child (Yearly)

$23.6K CA$33.4K

$31.5K $31.5K

-25.03%

Jeans (Levis 501 Or Similar)

$52.3 CA$73.9

$66.7 $66.7

-21.64%

Summer Dress (H&M, Zara, etc)

$39.44 CA$55.8

$50.7 $50.7

-22.15%

Sport Shoes (Adidas, Nike)

$99.0 CA$140

$98.3 $98.3

0.71%

Men's Leather Business Shoes

$122 CA$172

$146 $146

-16.33%

1-bedroom Apartment, City Center (Monthly)

$1,631 CA$2,306

$1,610 $1,610

1.33%

1-bedroom Apartment, Outside City Center (Monthly)

$1,448 CA$2,048

$1,198 $1,198

20.87%

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

$2,754 $2,754

-0.61%

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

$1,911 $1,911

11.40%

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

$2,513 $2,513

226.58%

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

$2,682 $2,682

154.94%

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

$3,761 $3,761

-6.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.45

-30.70%

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

Last update for Toronto: October 18, 2026

Last update for Lake Geneva, WI: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.5%

Lake Geneva, WI

$1.2K 48.6% 17.3% $250

Groceries & Markets

Toronto

$343 13.1%

Lake Geneva, WI

$359 14.6% 4.6% $16

Eating Out

Toronto

$283 10.9%

Lake Geneva, WI

$353 14.3% 24.8% $70

Monthly Utilities & Internet

Toronto

$201 7.7%

Lake Geneva, WI

$310 12.6% 54.3% $109

Clothing & Footwear

Toronto

$141 5.4%

Lake Geneva, WI

$163 6.6% 15.6% $22

Getting Around

Toronto

$130 5%

Lake Geneva, WI

$19 * 0.8% 85.6% $111

Sport & Entertainment

Toronto

$65 2.5%

Lake Geneva, WI

$63 2.5% 2.9% $1.9

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 $1,631 in Toronto and $1,610 in Lake Geneva, WI. Housing cost is often the main lever when comparing two cities.

Lake Geneva, WI pays 7% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $79.0 in Toronto vs $90.0 in Lake Geneva, WI for a mid-range dinner for two. Groceries echo the gap at $343 vs $359 per month, with Toronto cheaper across the board.

Good to know

🇨🇦 Toronto

🇺🇸 Lake Geneva, WI

🕒 Local time

00:38 12:38 AM

23:38 11:38 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

8,000

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 22, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Lake Geneva, WI 740 km ≈ 1 h 30 min nonstop flight

From you

Toronto
Lake Geneva, WI

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 Lake Geneva, WI: Cost of Living - Frequently Asked Questions

Toronto and Lake Geneva, WI differ by about 6% in total monthly costs ($2,610 vs $2,464 including rent). Lake Geneva, WI is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 7% lower in Lake Geneva, WI. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,631 in Toronto versus $1,610 in Lake Geneva, WI. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $832 in Toronto versus $1,687 in Lake Geneva, WI. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Lake Geneva, WI – a meal for two runs $90.0 versus $79.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $3,000. Lake Geneva, WI 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.

Expats usually find Lake Geneva, WI gentler on the wallet – expenses run 6% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.