Last update: Oct 2026

Cost of Living Comparison Between Toronto and Merida

For one person, living is cheaper in Merida: $1,334 a month against $2,530 in Toronto, rent and utilities included – about $14,400 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
65

Cost of Living Index in Merida
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Merida Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Merida

🇲🇽 Mexico

$1,334

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Merida

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

A single person spends $2,530 per month in Toronto vs $1,334 in Merida, rent included.

Toronto $2,530
Merida $1,334

A couple spends around $3,646 per month in Toronto vs $2,174 in Merida, rent included.

Toronto $3,646
Merida $2,174

A family of three spends $4,761 per month in Toronto vs $3,014 in Merida, rent included.

Toronto $4,761
Merida $3,014

Toronto costs about 90% more than Merida, and outside of rent the biggest gap is in transport.

Both Toronto and Merida sit above the global median – Toronto by 89%, Merida by 0%.

Meal at Budget Restaurant

$17.67 CA$25.19

$13.90 MX$255

27.12%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$55.7 MX$1,022

38.97%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$8.11 MX$149

29.10%

Cappuccino

$4.08 CA$5.81

$3.97 MX$73.0

2.77%

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

$2.12 CA$3.02

$1.14 MX$21.00

85.96%

Water (0.33 liter bottle)

$1.76 CA$2.51

$1.18 MX$21.67

49.15%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$3.07 MX$56.4

100.98%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$3.87 MX$71.1

78.04%

Milk (1 liter)

$2.43 CA$3.46

$1.60 MX$29.30

51.88%

White Bread (500g)

$2.75 CA$3.92

$2.64 MX$48.41

4.17%

Rice (white) (1kg)

$2.23 CA$3.18

$1.73 MX$31.83

28.90%

Eggs

$3.45 CA$4.91

$1.97 MX$36.18

75.13%

Local Cheese (1kg)

$8.93 CA$12.73

$10.31 MX$189

-13.39%

Chicken Fillets (1kg)

$11.44 CA$16.31

$7.70 MX$141

48.57%

Beef Round Steak (1kg)

$14.61 CA$20.83

$12.54 MX$230

16.51%

Apples (1kg)

$3.75 CA$5.34

$2.77 MX$50.9

35.38%

Banana (1kg)

$1.15 CA$1.64

$1.41 MX$25.89

-18.44%

Oranges (1kg)

$3.55 CA$5.06

$2.14 MX$39.21

65.89%

Tomato (1kg)

$4.28 CA$6.10

$2.08 MX$38.10

105.77%

Potato (1kg)

$1.85 CA$2.63

$2.36 MX$43.25

-21.61%

Onion (1kg)

$1.67 CA$2.38

$1.83 MX$33.53

-8.74%

Lettuce (1 head)

$2.22 CA$3.16

$1.43 MX$26.27

55.24%

Water (1.5 liter bottle)

$1.21 CA$1.72

$1.13 MX$20.80

7.08%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$4.44 MX$81.4

212.61%

Wine (Bottle)

$14.25 CA$20.31

$10.90 MX$200

30.73%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$1.47 MX$27.06

49.66%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$2.51 MX$46.08

-3.59%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$0.67 MX$12.36

261.19%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$19.76 MX$363

460.43%

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$2.73 MX$50.1

6.23%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$3.76 MX$69.1

-66.49%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$8.82 MX$162

149.77%

Gasoline (1 liter)

$1.22 CA$1.74

$1.58 MX$29.04

-22.78%

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

$27.6K CA$39.4K

$21.5K MX$393.9K

28.78%

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

$19.8K CA$28.3K

$24.4K MX$447.1K

-18.60%

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

$122 CA$174

$113 MX$2,076

7.81%

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

$32.03 CA$45.66

$21.35 MX$392

50.02%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$35.42 MX$650

35.29%

Gym Membership (Monthly)

$38.90 CA$55.5

$30.12 MX$553

29.15%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

$11.83 MX$217

96.45%

Cinema Ticket

$12.61 CA$17.97

$7.57 MX$139

66.58%

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

$834 CA$1,189

$266 MX$4,880

213.77%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$3,584 MX$65.8K

551.28%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$55.6 MX$1,020

-5.36%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$54.2 MX$995

-25.75%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$102 MX$1,869

-5.48%

Men's Leather Business Shoes

$123 CA$175

$87.2 MX$1,602

40.92%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$634 MX$11.6K

152.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$468 MX$8,585

206.85%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$1,243 MX$22.8K

113.73%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$967 MX$17.8K

116.80%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$2,252 MX$41.4K

256.65%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$1,234 MX$22.7K

431.34%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$604 MX$11.1K

519.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

11.64

-61.60%

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

Last update for Toronto: October 4, 2026

Last update for Merida: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Merida

$468 34.7% 67.4% $967

Groceries & Markets

Toronto

$340 13.1%

Merida

$270 20% 20.7% $71

Eating Out

Toronto

$282 10.9%

Merida

$216 16% 23.5% $66

Monthly Utilities & Internet

Toronto

$202 7.8%

Merida

$170 12.6% 15.9% $32

Clothing & Footwear

Toronto

$140 5.4%

Merida

$134 10% 4.2% $5.9

Getting Around

Toronto

$130 5%

Merida

$44 3.3% 66.1% $86

Sport & Entertainment

Toronto

$64 2.5%

Merida

$45 3.4% 29.4% $19

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $634 in Merida. 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 520% higher in Toronto, 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 $77.0 in Toronto versus $56.0 in Merida. Monthly groceries follow the same trend: $340 vs $270 – making Merida the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇲🇽 Merida

🕒 Local time

02:15 2:15 AM

00:15 12:15 AM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

975,000

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

100 MXN = 5.45 USD

100 MXN = 4.86 EUR

Exchange rates and currency converter

MXN, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

Mexican Peso exchange rates as of October 10, 2026: 1 USD = 18.36 MXN (100 MXN = 5.45 USD). 1 EUR = 20.59 MXN (100 MXN = 4.86 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Merida 2,690 km ≈ 3 h 45 min nonstop flight

From you

Toronto
Merida

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 Merida: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 90%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,795 per month in Toronto and $2,001 in Merida. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Merida, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $834 per month in Toronto and $266 in Merida. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 26% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Merida, where all-in costs run around $1,334, than in Toronto at $2,530. In Merida it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Merida – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Merida. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.