Cost of Living Comparison Between Toronto and Mexico City Cost of Living Comparison Between Toronto and Mexico City

Monthly Cost of Living

Monthly costs for one person with rent: $2,788 in Toronto versus $1,456 in Mexico City.

Estimated couple costs with rent: $4,110 in Toronto versus $2,361 in Mexico City.

Monthly costs for a family of three with rent: $5,432 in Toronto versus $3,266 in Mexico City.

Living in Toronto is roughly 91% more expensive than in Mexico City, driven mainly by Getting Around.

Both cities are pricier than the global median: Toronto 109% above, Mexico City 9% above.

Meal at Budget Restaurant

$18.51 CA$25.96

$13.07 MX$229

41.62%

Three-Course Dinner for Two, Mid-Range

$83.8 CA$118

$53.8 MX$943

55.93%

Fast Food Meal (McDonalds, etc)

$10.97 CA$15.38

$9.68 MX$170

13.33%

Cappuccino

$3.99 CA$5.59

$3.74 MX$65.6

6.68%

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

$2.11 CA$2.96

$1.62 MX$28.34

30.25%

Water (0.33 liter bottle)

$1.69 CA$2.37

$1.16 MX$20.37

45.69%

Local Beer (0.5 liter draught)

$5.92 CA$8.30

$3.23 MX$56.6

83.28%

Imported Beer (0.33 liter bottle)

$6.48 CA$9.08

$4.74 MX$83.1

36.71%

Milk (1 liter)

$2.71 CA$3.80

$1.65 MX$28.89

64.24%

White Bread (500g)

$2.85 CA$4.00

$2.75 MX$48.30

3.64%

Rice (white) (1kg)

$3.56 CA$4.99

$1.87 MX$32.87

90.37%

Eggs

$3.54 CA$4.96

$2.50 MX$43.86

41.60%

Local Cheese (1kg)

$13.26 CA$18.59

$10.20 MX$179

30.00%

Chicken Fillets (1kg)

$13.05 CA$18.29

$8.25 MX$145

58.18%

Beef Round Steak (1kg)

$16.77 CA$23.51

$11.82 MX$207

41.88%

Apples (1kg)

$4.11 CA$5.77

$3.01 MX$52.8

36.54%

Banana (1kg)

$1.14 CA$1.60

$1.81 MX$31.77

-37.02%

Oranges (1kg)

$3.40 CA$4.76

$2.00 MX$35.07

70.00%

Tomato (1kg)

$4.02 CA$5.64

$2.00 MX$35.00

101.00%

Potato (1kg)

$2.43 CA$3.41

$2.08 MX$36.56

16.83%

Onion (1kg)

$2.94 CA$4.12

$2.27 MX$39.85

29.52%

Lettuce (1 head)

$2.47 CA$3.47

$1.46 MX$25.55

69.18%

Water (1.5 liter bottle)

$1.92 CA$2.69

$1.08 MX$18.88

77.78%

Cigarettes 20 Pack (Marlboro, Camel)

$14.99 CA$21.01

$4.35 MX$76.3

244.60%

Wine (Bottle)

$14.34 CA$20.10

$16.99 MX$298

-15.60%

Local Beer (0.5 liter bottle)

$2.71 CA$3.80

$1.73 MX$30.40

56.65%

Imported Beer (0.33 liter bottle)

$3.12 CA$4.38

$3.58 MX$62.7

-12.85%

One-way Ticket (Public Transport)

$2.45 CA$3.44

$0.39 MX$6.79

528.21%

Public Transport Monthly Pass (Regular Price)

$113 CA$158

$18.69 MX$328

503.69%

Taxi Start (Normal Tariff)

$3.63 CA$5.08

$1.33 MX$23.25

172.93%

Taxi (Normal Tariff) (1km)

$1.34 CA$1.88

$0.28 MX$4.91

378.57%

Taxi 1hour Waiting (Normal Tariff)

$25.55 CA$35.82

$5.25 MX$92.1

386.67%

Gasoline (1 liter)

$1.11 CA$1.55

$1.34 MX$23.44

-17.16%

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

$25.3K CA$35.4K

$19.4K MX$340.5K

30.20%

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

$21.8K CA$30.5K

$23.8K MX$418.0K

-8.65%

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

$117 CA$164

$40.69 MX$714

186.78%

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

$37.60 CA$52.7

$26.87 MX$471

39.93%

Internet (50+ Mbps, Unlimited Data)

$53.7 CA$75.3

$30.51 MX$535

75.98%

Gym Membership (Monthly)

$57.1 CA$80.1

$52.8 MX$926

8.18%

Tennis Court (1 Hour on Weekend)

$20.86 CA$29.24

$26.65 MX$467

-21.73%

Cinema Ticket

$11.56 CA$16.20

$6.51 MX$114

77.57%

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

$1,125 CA$1,577

$428 MX$7,508

162.83%

International Primary School, 1 Child (Yearly)

$18.4K CA$25.9K

$10.5K MX$184.2K

75.61%

Jeans (Levis 501 Or Similar)

$57.3 CA$80.4

$57.3 MX$1,004

0.12%

Summer Dress (H&M, Zara, etc)

$39.05 CA$54.8

$45.50 MX$798

-14.18%

Sport Shoes (Adidas, Nike)

$87.6 CA$123

$104 MX$1,825

-15.85%

Men's Leather Business Shoes

$114 CA$159

$108 MX$1,891

5.38%

1-bedroom Apartment, City Center (Monthly)

$1,842 CA$2,582

$1,003 MX$17.6K

83.55%

1-bedroom Apartment, Outside City Center (Monthly)

$1,531 CA$2,146

$623 MX$10.9K

145.84%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,101

$2,109 MX$37.0K

38.71%

3-bedroom Apartment, Outside City Center (Monthly)

$2,502 CA$3,508

$1,218 MX$21.4K

105.45%

Buy Apartment in City Center (m2)

$8,725 CA$12.2K

$3,885 MX$68.1K

124.62%

Buy Apartment Outside City Center (m2)

$6,867 CA$9,628

$2,033 MX$35.7K

237.86%

Average Monthly Net Salary (After Tax)

$3,454 CA$4,842

$1,038 MX$18.2K

232.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

11.34

-54.50%

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

Last update for Toronto: July 11, 2026

Last update for Mexico City: July 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,842 in Toronto and $1,003 in Mexico City. Housing cost is often the main lever when comparing two cities.

Toronto pays 233% 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: $84.0 in Toronto vs $54.0 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $395 vs $292 per month, with Mexico 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 Mexico City: Cost of Living - Frequently Asked Questions

Toronto and Mexico City differ by about 91% in total monthly costs ($2,788 vs $1,456 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 233% higher in Toronto, 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: $1,842 in Toronto versus $1,003 in Mexico City. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Mexico City runs roughly 504% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,125 in Toronto versus $428 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,456 in Mexico City versus $2,788 in Toronto, a $2,000 budget is realistic in Mexico City but tight or insufficient in Toronto. The gap between the two cities makes Mexico 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.

Expats usually find Mexico City gentler on the wallet – expenses run 91% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.