Last update: Oct 2026

Cost of Living Comparison Between Toronto and Mexico City

For one person, living is cheaper in Mexico City: $1,548 a month against $2,610 in Toronto, rent and utilities included – about $12,700 less a year. Rent and utilities account for most of the difference.

126

Cost of Living Index in Toronto
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Toronto Living Index
75

Cost of Living Index in Mexico City
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Mexico City Living Index

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Toronto

🇨🇦 Canada

$2,610

/mo nomad

Mexico City

🇲🇽 Mexico

$1,548

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Mexico City

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

Monthly costs for one person with rent: $2,610 in Toronto versus $1,548 in Mexico City.

Toronto $2,610
Mexico City $1,548

Estimated couple costs with rent: $3,727 in Toronto versus $2,436 in Mexico City.

Toronto $3,727
Mexico City $2,436

Monthly costs for a family of three with rent: $4,844 in Toronto versus $3,323 in Mexico City.

Toronto $4,844
Mexico City $3,323

Living in Toronto is roughly 69% more expensive than in Mexico City, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Toronto 93% above, Mexico City 14% above.

Meal at Budget Restaurant

$17.59 CA$24.87

$11.02 MX$204

59.62%

Three-Course Dinner for Two, Mid-Range

$78.8 CA$111

$48.68 MX$900

61.91%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.16

$10.90 MX$201

-1.56%

Cappuccino

$4.09 CA$5.78

$3.68 MX$68.1

11.14%

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

$2.10 CA$2.97

$1.63 MX$30.18

28.83%

Water (0.33 liter bottle)

$1.72 CA$2.43

$1.25 MX$23.07

37.60%

Local Beer (0.5 liter draught)

$6.36 CA$8.99

$3.25 MX$60.1

95.69%

Imported Beer (0.33 liter bottle)

$7.08 CA$10.01

$5.53 MX$102

28.03%

Milk (1 liter)

$2.54 CA$3.59

$1.70 MX$31.50

49.41%

White Bread (500g)

$2.72 CA$3.85

$3.02 MX$55.8

-9.93%

Rice (white) (1kg)

$2.18 CA$3.09

$1.92 MX$35.53

13.54%

Eggs

$3.63 CA$5.13

$2.73 MX$50.5

32.97%

Local Cheese (1kg)

$9.46 CA$13.37

$11.77 MX$218

-19.63%

Chicken Fillets (1kg)

$11.54 CA$16.32

$9.53 MX$176

21.09%

Beef Round Steak (1kg)

$14.37 CA$20.32

$14.41 MX$266

-0.28%

Apples (1kg)

$3.70 CA$5.23

$3.02 MX$55.8

22.52%

Banana (1kg)

$1.19 CA$1.68

$1.89 MX$35.01

-37.04%

Oranges (1kg)

$3.46 CA$4.90

$1.99 MX$36.70

73.87%

Tomato (1kg)

$4.22 CA$5.97

$2.19 MX$40.38

92.69%

Potato (1kg)

$1.79 CA$2.52

$1.92 MX$35.43

-6.77%

Onion (1kg)

$1.65 CA$2.33

$1.87 MX$34.49

-11.76%

Lettuce (1 head)

$2.20 CA$3.11

$1.44 MX$26.62

52.78%

Water (1.5 liter bottle)

$1.26 CA$1.78

$1.27 MX$23.39

-0.79%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 CA$19.75

$5.22 MX$96.4

167.62%

Wine (Bottle)

$14.20 CA$20.07

$16.17 MX$299

-12.18%

Local Beer (0.5 liter bottle)

$2.25 CA$3.18

$1.90 MX$35.03

18.42%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$4.22 MX$78.0

-40.05%

One-way Ticket (Public Transport)

$2.32 CA$3.28

$0.34 MX$6.30

582.35%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

$19.65 MX$363

468.19%

Taxi Start (Normal Tariff)

$3.06 CA$4.33

$2.00 MX$36.90

53.00%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$0.52 MX$9.67

134.62%

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

$5.34 MX$98.7

306.18%

Gasoline (1 liter)

$1.21 CA$1.72

$1.52 MX$28.13

-20.39%

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

$26.1K CA$37.0K

$22.1K MX$408.0K

18.40%

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

$21.1K CA$29.9K

$24.5K MX$452.9K

-13.82%

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

$120 CA$169

$61.1 MX$1,129

95.87%

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

$32.21 CA$45.54

$28.58 MX$528

12.70%

Internet (50+ Mbps, Unlimited Data)

$48.88 CA$69.1

$34.47 MX$637

41.80%

Gym Membership (Monthly)

$39.34 CA$55.6

$56.4 MX$1,042

-30.20%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

$24.88 MX$460

-5.23%

Cinema Ticket

$12.58 CA$17.79

$6.66 MX$123

88.89%

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

$832 CA$1,176

$427 MX$7,891

94.80%

International Primary School, 1 Child (Yearly)

$23.6K CA$33.4K

$11.6K MX$215.0K

102.89%

Jeans (Levis 501 Or Similar)

$52.3 CA$73.9

$67.8 MX$1,253

-22.89%

Summer Dress (H&M, Zara, etc)

$39.44 CA$55.8

$52.0 MX$960

-24.10%

Sport Shoes (Adidas, Nike)

$99.0 CA$140

$106 MX$1,959

-6.63%

Men's Leather Business Shoes

$122 CA$172

$113 MX$2,080

8.33%

1-bedroom Apartment, City Center (Monthly)

$1,631 CA$2,306

$1,025 MX$18.9K

59.21%

1-bedroom Apartment, Outside City Center (Monthly)

$1,448 CA$2,048

$654 MX$12.1K

121.38%

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

$2,308 MX$42.7K

18.56%

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

$1,242 MX$22.9K

71.45%

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

$3,613 MX$66.8K

127.15%

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

$1,936 MX$35.8K

253.22%

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

$964 MX$17.8K

265.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

11.3

-60.44%

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

Last update for Toronto: October 18, 2026

Last update for Mexico City: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.5%

Mexico City

$654 42.3% 54.8% $794

Groceries & Markets

Toronto

$343 13.1%

Mexico City

$318 20.6% 7.2% $25

Eating Out

Toronto

$283 10.9%

Mexico City

$204 13.2% 28% $79

Monthly Utilities & Internet

Toronto

$201 7.7%

Mexico City

$124 8% 38.2% $77

Clothing & Footwear

Toronto

$141 5.4%

Mexico City

$152 9.8% 8.2% $12

Getting Around

Toronto

$130 5%

Mexico City

$26 1.7% 80.3% $104

Sport & Entertainment

Toronto

$65 2.5%

Mexico City

$70 4.5% 8% $5.2

Cost Breakdown

A one-bedroom apartment in the center runs $1,631 in Toronto and $1,025 in Mexico City. Housing cost is often the main lever when comparing two cities.

Toronto pays 265% 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: $79.0 in Toronto vs $49.00 in Mexico City for a mid-range dinner for two. Groceries echo the gap at $343 vs $318 per month, with Mexico City cheaper across the board.

Good to know

🇨🇦 Toronto

🇲🇽 Mexico City

🕒 Local time

14:00 2:00 PM

12:00 12:00 PM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

9,209,944 Capital

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 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 20, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Mexican Peso exchange rates as of October 20, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Mexico City 3,260 km ≈ 4 h 30 min nonstop flight

From you

Toronto
Mexico City

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 Mexico City: Cost of Living - Frequently Asked Questions

Toronto and Mexico City differ by about 69% in total monthly costs ($2,610 vs $1,548 including rent). Mexico City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 265% 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: $1,631 in Toronto versus $1,025 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 468% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $832 in Toronto versus $427 in Mexico City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,548 in Mexico City versus $2,610 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 69% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.