Cost of Living Comparison Between Toronto and Moncton Cost of Living Comparison Between Toronto and Moncton

Monthly Cost of Living

A single person spends $2,788 per month in Toronto vs $1,965 in Moncton, rent included.

A couple spends around $4,110 per month in Toronto vs $2,944 in Moncton, rent included.

A family of three spends $5,432 per month in Toronto vs $3,923 in Moncton, rent included.

Toronto costs about 42% more than Moncton, driven mainly by Getting Around.

Both Toronto and Moncton sit above the global median – Toronto by 109%, Moncton by 47%.

Meal at Budget Restaurant

$18.51 CA$25.96

$18.23 CA$25.56

1.54%

Three-Course Dinner for Two, Mid-Range

$83.8 CA$118

$66.9 CA$93.8

25.30%

Fast Food Meal (McDonalds, etc)

$10.97 CA$15.38

$10.93 CA$15.32

0.37%

Cappuccino

$3.99 CA$5.59

$3.31 CA$4.63

20.54%

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

$2.11 CA$2.96

$1.93 CA$2.70

9.33%

Water (0.33 liter bottle)

$1.69 CA$2.37

$1.77 CA$2.49

-4.52%

Local Beer (0.5 liter draught)

$5.92 CA$8.30

$3.63 CA$5.09

63.09%

Imported Beer (0.33 liter bottle)

$6.48 CA$9.08

$4.35 CA$6.10

48.97%

Milk (1 liter)

$2.71 CA$3.80

$2.65 CA$3.72

2.26%

White Bread (500g)

$2.85 CA$4.00

$3.10 CA$4.34

-8.06%

Rice (white) (1kg)

$3.56 CA$4.99

$3.52 CA$4.94

1.14%

Eggs

$3.54 CA$4.96

$3.71 CA$5.20

-4.58%

Local Cheese (1kg)

$13.26 CA$18.59

$12.60 CA$17.66

5.24%

Chicken Fillets (1kg)

$13.05 CA$18.29

$11.38 CA$15.96

14.67%

Beef Round Steak (1kg)

$16.77 CA$23.51

$10.55 CA$14.80

58.96%

Apples (1kg)

$4.11 CA$5.77

$5.31 CA$7.44

-22.60%

Banana (1kg)

$1.14 CA$1.60

$1.48 CA$2.07

-22.97%

Oranges (1kg)

$3.40 CA$4.76

$3.93 CA$5.50

-13.49%

Tomato (1kg)

$4.02 CA$5.64

$4.15 CA$5.81

-3.13%

Potato (1kg)

$2.43 CA$3.41

$2.32 CA$3.26

4.74%

Onion (1kg)

$2.94 CA$4.12

$2.56 CA$3.59

14.84%

Lettuce (1 head)

$2.47 CA$3.47

$2.41 CA$3.38

2.49%

Water (1.5 liter bottle)

$1.92 CA$2.69

$2.18 CA$3.06

-11.93%

Cigarettes 20 Pack (Marlboro, Camel)

$14.99 CA$21.01

$13.35 CA$18.71

12.28%

Wine (Bottle)

$14.34 CA$20.10

$14.23 CA$19.95

0.77%

Local Beer (0.5 liter bottle)

$2.71 CA$3.80

$2.66 CA$3.73

1.88%

Imported Beer (0.33 liter bottle)

$3.12 CA$4.38

$4.23 CA$5.93

-26.24%

One-way Ticket (Public Transport)

$2.45 CA$3.44

$2.27 CA$3.18

7.93%

Public Transport Monthly Pass (Regular Price)

$113 CA$158

$52.5 CA$73.6

114.83%

Taxi Start (Normal Tariff)

$3.63 CA$5.08

$2.99 CA$4.20

21.40%

Taxi (Normal Tariff) (1km)

$1.34 CA$1.88

$1.30 CA$1.83

3.08%

Taxi 1hour Waiting (Normal Tariff)

$25.55 CA$35.82

$22.00 CA$30.84

16.14%

Gasoline (1 liter)

$1.11 CA$1.55

$1.19 CA$1.67

-6.72%

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

$25.3K CA$35.4K

$25.1K CA$35.1K

0.81%

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

$21.8K CA$30.5K

$20.1K CA$28.2K

8.27%

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

$117 CA$164

$126 CA$176

-7.23%

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

$37.60 CA$52.7

$38.39 CA$53.8

-2.06%

Internet (50+ Mbps, Unlimited Data)

$53.7 CA$75.3

$61.9 CA$86.8

-13.28%

Gym Membership (Monthly)

$57.1 CA$80.1

$37.19 CA$52.1

53.54%

Tennis Court (1 Hour on Weekend)

$20.86 CA$29.24

$6.62 CA$9.28

215.11%

Cinema Ticket

$11.56 CA$16.20

$12.12 CA$17.00

-4.62%

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

$1,125 CA$1,577

$393 CA$551

186.40%

International Primary School, 1 Child (Yearly)

$18.4K CA$25.9K

$7,283 CA$10.2K

153.16%

Jeans (Levis 501 Or Similar)

$57.3 CA$80.4

$52.4 CA$73.5

9.37%

Summer Dress (H&M, Zara, etc)

$39.05 CA$54.8

$39.19 CA$55.0

-0.36%

Sport Shoes (Adidas, Nike)

$87.6 CA$123

$105 CA$148

-16.97%

Men's Leather Business Shoes

$114 CA$159

$149 CA$209

-23.95%

1-bedroom Apartment, City Center (Monthly)

$1,842 CA$2,582

$1,049 CA$1,471

75.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,531 CA$2,146

$827 CA$1,159

85.16%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,101

$1,650 CA$2,313

77.31%

3-bedroom Apartment, Outside City Center (Monthly)

$2,502 CA$3,508

$1,292 CA$1,811

93.67%

Buy Apartment in City Center (m2)

$8,725 CA$12.2K

$2,241 CA$3,142

289.39%

Buy Apartment Outside City Center (m2)

$6,867 CA$9,628

$2,099 CA$2,942

227.20%

Average Monthly Net Salary (After Tax)

$3,454 CA$4,842

$2,430 CA$3,407

42.12%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.57

-21.46%

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

Last update for Toronto: July 11, 2026

Last update for Moncton: July 11, 2026

Cost Breakdown

A central one-bedroom costs $1,842 in Toronto versus $1,049 in Moncton. 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 42% 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 $84.0 in Toronto versus $67.0 in Moncton. Monthly groceries follow the same trend: $395 vs $383 – making Moncton the more affordable choice for daily food spending.

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 Moncton: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,788 in Toronto, $1,965 in Moncton – roughly 42% apart. Toronto costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $4,181 per month in Toronto and $2,947 in Moncton. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $84.0 in Toronto and $67.0 in Moncton. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,788 in Toronto and $1,965 in Moncton. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $3,000 monthly budget goes further in Moncton, where all-in costs run around $1,965, than in Toronto at $2,788. In Moncton it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Moncton – 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 Moncton. 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.