Last update: Oct 2026

Cost of Living Comparison Between Toronto and Moncton

For one person, living is cheaper in Moncton: $2,049 a month against $2,589 in Toronto, rent and utilities included – about $6,500 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
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Toronto Living Index
99

Cost of Living Index in Moncton
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Moncton Living Index

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Toronto

🇨🇦 Canada

$2,589

/mo nomad

Moncton

🇨🇦 Canada

$2,049

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Moncton

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

A single person spends $2,589 per month in Toronto vs $2,049 in Moncton, rent included.

Toronto $2,589
Moncton $2,049

A couple spends around $3,710 per month in Toronto vs $3,088 in Moncton, rent included.

Toronto $3,710
Moncton $3,088

A family of three spends $4,831 per month in Toronto vs $4,126 in Moncton, rent included.

Toronto $4,831
Moncton $4,126

Toronto costs about 26% more than Moncton, and outside of rent the biggest gap is in transport.

Both Toronto and Moncton sit above the global median – Toronto by 90%, Moncton by 51%.

Meal at Budget Restaurant

$17.60 CA$24.70

$18.45 CA$25.89

-4.61%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$68.4 CA$96.0

13.77%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.86

$10.83 CA$15.19

-2.22%

Cappuccino

$4.16 CA$5.83

$3.65 CA$5.13

13.97%

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

$2.04 CA$2.87

$2.05 CA$2.87

-0.49%

Water (0.33 liter bottle)

$1.75 CA$2.46

$1.86 CA$2.61

-5.91%

Local Beer (0.5 liter draught)

$6.58 CA$9.23

$4.33 CA$6.07

51.96%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.98

$5.54 CA$7.77

28.34%

Milk (1 liter)

$2.53 CA$3.56

$3.05 CA$4.28

-17.05%

White Bread (500g)

$2.70 CA$3.79

$2.74 CA$3.85

-1.46%

Rice (white) (1kg)

$2.24 CA$3.14

$3.50 CA$4.91

-36.00%

Eggs

$3.48 CA$4.89

$3.77 CA$5.29

-7.69%

Local Cheese (1kg)

$9.38 CA$13.16

$13.63 CA$19.12

-31.18%

Chicken Fillets (1kg)

$11.60 CA$16.28

$15.23 CA$21.38

-23.83%

Beef Round Steak (1kg)

$14.68 CA$20.61

$13.55 CA$19.01

8.34%

Apples (1kg)

$3.74 CA$5.26

$5.51 CA$7.74

-32.12%

Banana (1kg)

$1.22 CA$1.72

$1.63 CA$2.28

-25.15%

Oranges (1kg)

$3.48 CA$4.88

$4.64 CA$6.51

-25.00%

Tomato (1kg)

$4.32 CA$6.07

$5.86 CA$8.22

-26.28%

Potato (1kg)

$1.85 CA$2.60

$2.05 CA$2.87

-9.76%

Onion (1kg)

$1.69 CA$2.37

$2.17 CA$3.04

-22.12%

Lettuce (1 head)

$2.23 CA$3.13

$2.63 CA$3.69

-15.21%

Water (1.5 liter bottle)

$1.28 CA$1.79

$2.20 CA$3.09

-41.82%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.71

$14.30 CA$20.07

-1.82%

Wine (Bottle)

$14.43 CA$20.25

$14.02 CA$19.68

2.92%

Local Beer (0.5 liter bottle)

$2.16 CA$3.03

$3.29 CA$4.62

-34.35%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.54

$4.01 CA$5.62

-37.16%

One-way Ticket (Public Transport)

$2.37 CA$3.32

$2.20 CA$3.09

7.73%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

$49.67 CA$69.7

126.41%

Taxi Start (Normal Tariff)

$3.04 CA$4.27

$2.97 CA$4.17

2.36%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.74

$1.34 CA$1.88

-7.46%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.65

$21.59 CA$30.30

4.45%

Gasoline (1 liter)

$1.24 CA$1.75

$1.27 CA$1.78

-2.36%

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

$26.9K CA$37.8K

$27.0K CA$37.9K

-0.50%

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

$21.4K CA$30.0K

$20.9K CA$29.4K

2.12%

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

$125 CA$175

-0.29%

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

$33.05 CA$46.39

$41.26 CA$57.9

-19.90%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.3

$65.7 CA$92.1

-26.95%

Gym Membership (Monthly)

$36.69 CA$51.5

$45.49 CA$63.8

-19.34%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

$11.60 CA$16.28

104.05%

Cinema Ticket

$13.08 CA$18.35

$12.68 CA$17.80

3.15%

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

$759 CA$1,065

$382 CA$537

98.47%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.4K

$13.6K CA$19.1K

74.52%

Jeans (Levis 501 Or Similar)

$53.5 CA$75.1

$61.1 CA$85.7

-12.32%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.8

$35.86 CA$50.3

12.77%

Sport Shoes (Adidas, Nike)

$100 CA$141

$103 CA$145

-2.81%

Men's Leather Business Shoes

$125 CA$176

$119 CA$168

4.84%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,287

$1,099 CA$1,542

48.36%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,987

$832 CA$1,168

70.07%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,781

$1,711 CA$2,401

57.45%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,949

$1,361 CA$1,910

54.35%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

$2,271 CA$3,187

232.50%

Buy Apartment Outside City Center (m2)

$6,674 CA$9,366

$2,021 CA$2,837

230.18%

Average Monthly Net Salary (After Tax)

$3,543 CA$4,973

$2,601 CA$3,650

36.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

4.6

-3.26%

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

Last update for Toronto: October 26, 2026

Last update for Moncton: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Moncton

$832 40.6% 41.2% $583

Groceries & Markets

Toronto

$345 13.3%

Moncton

$430 21% 24.6% $85

Eating Out

Toronto

$285 11%

Moncton

$272 13.3% 4.4% $12

Monthly Utilities & Internet

Toronto

$206 7.9%

Moncton

$232 11.3% 12.8% $26

Clothing & Footwear

Toronto

$144 5.6%

Moncton

$144 7% 0% $0

Getting Around

Toronto

$131 5.1%

Moncton

$68 3.3% 48% $63

Sport & Entertainment

Toronto

$63 2.4%

Moncton

$71 3.5% 12.7% $8

Cost Breakdown

A central one-bedroom costs $1,630 in Toronto versus $1,099 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 36% higher in Toronto. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $78 in Toronto versus $68 in Moncton. Groceries tell a different story – $345 in Toronto vs $430 in Moncton – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇨🇦 Moncton

🕒 Local time

18:58 6:58 PM

19:58 7:58 PM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

80,000

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

On the map

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Between locations

Toronto Moncton 1,180 km ≈ 2 h nonstop flight

From you

Toronto
Moncton

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 Moncton: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,589 in Toronto, $2,049 in Moncton – Moncton comes out roughly 21% cheaper. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,883 per month in Toronto and $3,074 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: a one-bedroom in the center costs $1,099 there versus $1,630 in Toronto.

A mid-range dinner for two costs $78 in Toronto and $68 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 $2,589 in Toronto and $2,049 in Moncton. That makes Moncton about 21% cheaper.

$3,000 covers both cities comfortably – all-in costs are $2,589 in Toronto and $2,049 in Moncton, leaving budget for savings and extras in both cases.

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.

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