Last update: Nov 2026

Cost of Living Comparison Between Toronto and Maracaibo

For one person, living is cheaper in Maracaibo: $787 a month against $2,599 in Toronto, rent and utilities included – about $21,700 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
38

Cost of Living Index in Maracaibo
Learn more

Maracaibo Living Index

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Toronto

🇨🇦 Canada

$2,599

/mo nomad

Maracaibo

🇻🇪 Venezuela

$787

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Maracaibo

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

Monthly costs for one person with rent: $2,599 in Toronto versus $787 in Maracaibo.

Toronto $2,599
Maracaibo $787

Estimated couple costs with rent: $3,700 in Toronto versus $1,306 in Maracaibo.

Toronto $3,700
Maracaibo $1,306

Monthly costs for a family of three with rent: $4,801 in Toronto versus $1,825 in Maracaibo.

Toronto $4,801
Maracaibo $1,825

Living in Toronto is roughly 230% more expensive than in Maracaibo, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 92% above, Maracaibo is 42% below.

Meal at Budget Restaurant

$17.98 CA$25.09

$10.59 VES 9,455

69.78%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

$39.84 VES 35.6K

81.38%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.11

$8.87 VES 7,921

22.10%

Cappuccino

$4.34 CA$6.06

$2.74 VES 2,444

58.39%

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

$2.16 CA$3.01

$1.18 VES 1,056

83.05%

Water (0.33 liter bottle)

$1.66 CA$2.31

$1.36 VES 1,212

22.06%

Local Beer (0.5 liter draught)

$6.35 CA$8.86

$2.32 VES 2,067

173.71%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.25

$2.97 VES 2,647

147.14%

Milk (1 liter)

$2.57 CA$3.59

$2.03 VES 1,814

26.60%

White Bread (500g)

$2.71 CA$3.78

$2.16 VES 1,927

25.46%

Rice (white) (1kg)

$2.28 CA$3.18

$1.04 VES 931

119.23%

Eggs

$3.60 CA$5.03

$3.72 VES 3,319

-3.23%

Local Cheese (1kg)

$8.94 CA$12.48

$6.61 VES 5,896

35.25%

Chicken Fillets (1kg)

$11.19 CA$15.62

$6.48 VES 5,782

72.69%

Beef Round Steak (1kg)

$15.23 CA$21.25

$7.42 VES 6,626

105.26%

Apples (1kg)

$3.74 CA$5.23

$4.80 VES 4,281

-22.08%

Banana (1kg)

$1.23 CA$1.71

$1.42 VES 1,264

-13.38%

Oranges (1kg)

$3.58 CA$5.00

$1.60 VES 1,427

123.75%

Tomato (1kg)

$4.25 CA$5.93

$1.40 VES 1,253

203.57%

Potato (1kg)

$1.94 CA$2.71

$1.17 VES 1,047

65.81%

Onion (1kg)

$1.67 CA$2.33

$1.71 VES 1,524

-2.34%

Lettuce (1 head)

$2.30 CA$3.21

$1.03 VES 916

123.30%

Water (1.5 liter bottle)

$1.26 CA$1.76

$1.95 VES 1,742

-35.38%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.81

$2.91 VES 2,599

387.63%

Wine (Bottle)

$14.25 CA$19.89

$8.91 VES 7,952

59.93%

Local Beer (0.5 liter bottle)

$2.28 CA$3.18

$1.09 VES 972

109.17%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.61

$2.72 VES 2,432

-5.15%

One-way Ticket (Public Transport)

$2.35 CA$3.29

$0.47 VES 419

400.00%

Public Transport Monthly Pass (Regular Price)

$111 CA$155

$42.03 VES 37.5K

164.05%

Taxi Start (Normal Tariff)

$3.01 CA$4.21

$3.90 VES 3,485

-22.82%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

$1.96 VES 1,745

-37.76%

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.47

$17.22 VES 15.4K

26.71%

Gasoline (1 liter)

$1.23 CA$1.72

$0.68 VES 609

80.88%

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

$27.0K CA$37.6K

$14.9K VES 13.3M

80.82%

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

$21.8K CA$30.5K

$28.1K VES 25.1M

-22.29%

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

$121 CA$169

$64.2 VES 57.3K

88.07%

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

$33.10 CA$46.21

$7.13 VES 6,367

364.24%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.5

$25.11 VES 22.4K

95.50%

Gym Membership (Monthly)

$36.65 CA$51.2

$33.45 VES 29.9K

9.57%

Tennis Court (1 Hour on Weekend)

$25.01 CA$34.91

$28.26 VES 25.2K

-11.50%

Cinema Ticket

$12.78 CA$17.84

$4.93 VES 4,397

159.23%

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

$754 CA$1,053

$149 VES 133.2K

405.66%

International Primary School, 1 Child (Yearly)

$33.7K CA$47.0K

$7,312 VES 6.5M

360.71%

Jeans (Levis 501 Or Similar)

$50.4 CA$70.3

$27.95 VES 24.9K

80.29%

Summer Dress (H&M, Zara, etc)

$41.43 CA$57.8

$32.06 VES 28.6K

29.23%

Sport Shoes (Adidas, Nike)

$101 CA$141

$60.1 VES 53.7K

68.38%

Men's Leather Business Shoes

$130 CA$182

$58.2 VES 51.9K

123.92%

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,219

$160 VES 142.9K

892.72%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,988

$92.9 VES 82.9K

1432.94%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,687

$304 VES 271.8K

767.55%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,918

$201 VES 179.5K

939.31%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

$747 VES 667.2K

934.25%

Buy Apartment Outside City Center (m2)

$6,892 CA$9,620

$510 VES 454.9K

1252.42%

Average Monthly Net Salary (After Tax)

$3,623 CA$5,057

$218 VES 195.0K

1558.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

-77.75%

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

Last update for Toronto: November 2, 2026

Last update for Maracaibo: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Maracaibo

$93 11.8% 93.5% $1.3K

Groceries & Markets

Toronto

$345 13.3%

Maracaibo

$244 31.1% 29.1% $100

Eating Out

Toronto

$290 11.2%

Maracaibo

$172 21.8% 40.8% $118

Monthly Utilities & Internet

Toronto

$203 7.8%

Maracaibo

$96 12.3% 52.5% $107

Clothing & Footwear

Toronto

$145 5.6%

Maracaibo

$80 10.2% 44.8% $65

Getting Around

Toronto

$130 5%

Maracaibo

$58 7.3% 55.5% $72

Sport & Entertainment

Toronto

$62 2.4%

Maracaibo

$43 5.5% 30.4% $19

Cost Breakdown

A one-bedroom apartment in the center runs $1,590 in Toronto and $160 in Maracaibo. Housing cost is often the main lever when comparing two cities.

Toronto pays about 17 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Toronto vs $40 in Maracaibo for a mid-range dinner for two. Groceries echo the gap at $345 vs $244 per month, with Maracaibo cheaper across the board.

Good to know

🇨🇦 Toronto

🇻🇪 Maracaibo

🕒 Local time

20:29 8:29 PM

21:29 9:29 PM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

2,000,000

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

10,000 VES = 11.2 USD

10,000 VES = 9.98 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

Venezuelan Bolívar exchange rates as of November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,002 VES (10,000 VES = 9.98 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Maracaibo 3,740 km ≈ 5 h nonstop flight

From you

Toronto
Maracaibo

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 Maracaibo: Cost of Living - Frequently Asked Questions

Maracaibo is about 70% cheaper overall, especially in eating out, groceries, and transport. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Toronto is about 17 times higher, 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: $1,590 in Toronto versus $160 in Maracaibo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $754 in Toronto versus $149 in Maracaibo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 41% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

At $787 in Maracaibo versus $2,599 in Toronto, a $1,000 budget is realistic in Maracaibo but tight or insufficient in Toronto. The gap between the two cities makes Maracaibo 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 Maracaibo gentler on the wallet – expenses run 70% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.