Last update: Oct 2026

Cost of Living Comparison Between Toronto and Melbourne, FL

For one person, living is cheaper in Toronto: $2,589 a month against $3,140 in Melbourne, FL, rent and utilities included – about $6,600 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
152

Cost of Living Index in Melbourne, FL
Learn more

Melbourne, FL Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Melbourne, FL

🇺🇸 United States

$3,140

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Melbourne, FL

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

A single person spends $2,589 per month in Toronto vs $3,140 in Melbourne, FL, rent included.

Toronto $2,589
Melbourne, FL $3,140

A couple spends around $3,710 per month in Toronto vs $4,225 in Melbourne, FL, rent included.

Toronto $3,710
Melbourne, FL $4,225

A family of three spends $4,831 per month in Toronto vs $5,310 in Melbourne, FL, rent included.

Toronto $4,831
Melbourne, FL $5,310

Toronto is about 18% cheaper than Melbourne, FL, and outside of rent the biggest gap is in eating out.

Both Toronto and Melbourne, FL sit above the global median – Toronto by 90%, Melbourne, FL by 131%.

Meal at Budget Restaurant

$17.60 CA$24.59

$25.30 $25.30

-30.43%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$75.7 $75.7

2.83%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.79

$9.86 $9.86

7.40%

Cappuccino

$4.16 CA$5.81

$5.14 $5.14

-19.07%

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

$2.04 CA$2.86

$3.09 $3.09

-33.98%

Water (0.33 liter bottle)

$1.75 CA$2.45

$1.97 $1.97

-11.17%

Local Beer (0.5 liter draught)

$6.58 CA$9.19

$5.14 $5.14

28.02%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.94

$7.32 $7.32

-2.87%

Milk (1 liter)

$2.53 CA$3.54

$0.89 $0.89

184.27%

White Bread (500g)

$2.70 CA$3.78

$4.37 $4.37

-38.22%

Rice (white) (1kg)

$2.24 CA$3.13

$3.22 $3.22

-30.43%

Eggs

$3.48 CA$4.87

$5.83 $5.83

-40.31%

Local Cheese (1kg)

$9.38 CA$13.10

$13.30 $13.30

-29.47%

Chicken Fillets (1kg)

$11.60 CA$16.21

$11.26 $11.26

3.02%

Beef Round Steak (1kg)

$14.68 CA$20.52

$14.99 $14.99

-2.07%

Apples (1kg)

$3.74 CA$5.23

$4.74 $4.74

-21.10%

Banana (1kg)

$1.22 CA$1.71

$1.51 $1.51

-19.21%

Oranges (1kg)

$3.48 CA$4.86

$4.37 $4.37

-20.37%

Tomato (1kg)

$4.32 CA$6.04

$5.45 $5.45

-20.73%

Potato (1kg)

$1.85 CA$2.59

$2.89 $2.89

-35.99%

Onion (1kg)

$1.69 CA$2.36

$3.41 $3.41

-50.44%

Lettuce (1 head)

$2.23 CA$3.11

$2.23 $2.23

Water (1.5 liter bottle)

$1.28 CA$1.78

$2.60 $2.60

-50.77%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.62

$9.42 $9.42

49.04%

Wine (Bottle)

$14.43 CA$20.16

$15.27 $15.27

-5.50%

Local Beer (0.5 liter bottle)

$2.16 CA$3.01

$2.14 $2.14

0.93%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.53

$3.24 $3.24

-22.22%

One-way Ticket (Public Transport)

$2.37 CA$3.31

$1.48 $1.48

60.14%

Public Transport Monthly Pass (Regular Price)

$112 CA$157

$42.70 $42.70

163.37%

Taxi Start (Normal Tariff)

$3.04 CA$4.25

$10.04 $10.04

-69.72%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.73

$1.91 $1.91

-35.08%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.51

Gasoline (1 liter)

$1.24 CA$1.74

$1.00 $1.00

24.00%

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

$26.9K CA$37.6K

$27.9K $27.9K

-3.43%

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

$21.4K CA$29.9K

$27.0K $27.0K

-20.75%

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

$125 CA$174

$171 $171

-27.25%

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

$33.05 CA$46.19

$59.1 $59.1

-44.05%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.0

$76.1 $76.1

-36.95%

Gym Membership (Monthly)

$36.69 CA$51.3

$36.40 $36.40

0.80%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.07

$2.76 $2.76

757.61%

Cinema Ticket

$13.08 CA$18.27

$12.64 $12.64

3.48%

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

$759 CA$1,060

$885 $885

-14.22%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.2K

$20.2K $20.2K

17.61%

Jeans (Levis 501 Or Similar)

$53.5 CA$74.8

$75.9 $75.9

-29.46%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.5

$58.6 $58.6

-30.98%

Sport Shoes (Adidas, Nike)

$100 CA$140

$118 $118

-15.17%

Men's Leather Business Shoes

$125 CA$175

$104 $104

20.54%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,277

$1,703 $1,703

-4.28%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,978

$1,778 $1,778

-20.38%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,765

$2,318 $2,318

16.24%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,936

$2,273 $2,273

-7.56%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

$3,037 $3,037

148.66%

Buy Apartment Outside City Center (m2)

$6,674 CA$9,325

$2,382 $2,382

180.23%

Average Monthly Net Salary (After Tax)

$3,543 CA$4,951

$3,658 $3,658

-3.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

6.86

-35.13%

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

Last update for Toronto: October 26, 2026

Last update for Melbourne, FL: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Melbourne, FL

$1.8K 56.6% 25.6% $362

Groceries & Markets

Toronto

$345 13.3%

Melbourne, FL

$411 13.1% 19.1% $66

Eating Out

Toronto

$285 11%

Melbourne, FL

$354 11.3% 24.4% $70

Monthly Utilities & Internet

Toronto

$206 7.9%

Melbourne, FL

$306 9.8% 49% $101

Clothing & Footwear

Toronto

$144 5.6%

Melbourne, FL

$161 5.1% 11.6% $17

Getting Around

Toronto

$131 5.1%

Melbourne, FL

$68 2.2% 48% $63

Sport & Entertainment

Toronto

$63 2.4%

Melbourne, FL

$62 2% 1.9% $1.2

Cost Breakdown

A central one-bedroom costs $1,630 in Toronto versus $1,703 in Melbourne, FL. 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 3% higher in Melbourne, FL, 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 $78 in Toronto versus $76 in Melbourne, FL. Groceries tell a different story – $345 in Toronto vs $411 in Melbourne, FL – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇺🇸 Melbourne, FL

🕒 Local time

04:06 4:06 AM

Same time as Toronto

🌤 Weather

👥 Population

2,731,571

76,068

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

1 USD = 0.896 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 1, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.56 CAD (1 CAD = 0.641 EUR).

United States Dollar exchange rates as of November 1, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Melbourne, FL 1,740 km ≈ 2 h 45 min nonstop flight

From you

Toronto
Melbourne, FL

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 Melbourne, FL: Cost of Living - Frequently Asked Questions

Yes – Melbourne, FL is pricier by about 21%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,883 per month in Toronto and $4,710 in Melbourne, FL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,630 in Toronto and $1,703 in Melbourne, FL. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $2,589 in Toronto and $3,140 in Melbourne, FL. That makes Toronto about 18% cheaper.

Public transport costs about 62% less in Melbourne, FL. For daily commuters, that gap adds up to noticeable savings over a year.

$2,500 is a stretch for both – monthly costs hit $2,589 in Toronto and $3,140 in Melbourne, FL. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Toronto – 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 Toronto. If higher salaries or specific career opportunities are the priority, Melbourne, FL makes more sense. Both are solid long-term options with distinct trade-offs.