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

Monthly Cost of Living

A single person spends $2,620 per month in Toronto vs $2,045 in Moncton, rent included.

A couple spends around $3,866 per month in Toronto vs $3,044 in Moncton, rent included.

A family of three spends $5,111 per month in Toronto vs $4,044 in Moncton, rent included.

Toronto costs about 28% more than Moncton, driven mainly by Getting Around.

Both Toronto and Moncton sit above the global median – Toronto by 90%, Moncton by 48%.

Meal at Budget Restaurant

$17.85 CA$24.75

$18.90 CA$26.21

-5.56%

Three-Course Dinner for Two, Mid-Range

$86.8 CA$120

$67.6 CA$93.8

28.33%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.17

Cappuccino

$4.01 CA$5.57

$3.57 CA$4.95

12.32%

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

$2.19 CA$3.04

$2.10 CA$2.91

4.29%

Water (0.33 liter bottle)

$1.69 CA$2.34

$1.92 CA$2.66

-11.98%

Local Beer (0.5 liter draught)

$6.45 CA$8.94

$4.56 CA$6.33

41.45%

Imported Beer (0.33 liter bottle)

$7.05 CA$9.77

$5.86 CA$8.12

20.31%

Milk (1 liter)

$2.71 CA$3.77

$3.07 CA$4.25

-11.73%

White Bread (500g)

$2.92 CA$4.05

$2.91 CA$4.03

0.34%

Rice (white) (1kg)

$2.48 CA$3.44

$3.40 CA$4.72

-27.06%

Eggs

$3.85 CA$5.34

$3.89 CA$5.40

-1.03%

Local Cheese (1kg)

$10.10 CA$14.01

$13.85 CA$19.22

-27.08%

Chicken Fillets (1kg)

$12.02 CA$16.66

$11.03 CA$15.29

8.98%

Beef Round Steak (1kg)

$15.61 CA$21.65

$13.65 CA$18.93

14.36%

Apples (1kg)

$3.90 CA$5.41

$5.81 CA$8.05

-32.87%

Banana (1kg)

$1.24 CA$1.72

$1.62 CA$2.24

-23.46%

Oranges (1kg)

$3.78 CA$5.24

$4.88 CA$6.77

-22.54%

Tomato (1kg)

$4.38 CA$6.08

$6.08 CA$8.44

-27.96%

Potato (1kg)

$1.93 CA$2.67

$2.12 CA$2.94

-8.96%

Onion (1kg)

$1.50 CA$2.08

$2.22 CA$3.08

-32.43%

Lettuce (1 head)

$2.28 CA$3.17

$2.54 CA$3.52

-10.24%

Water (1.5 liter bottle)

$1.46 CA$2.02

$2.14 CA$2.97

-31.78%

Cigarettes 20 Pack (Marlboro, Camel)

$14.52 CA$20.14

$14.69 CA$20.38

-1.16%

Wine (Bottle)

$14.42 CA$20.00

$14.22 CA$19.72

1.41%

Local Beer (0.5 liter bottle)

$2.26 CA$3.14

$3.33 CA$4.62

-32.13%

Imported Beer (0.33 liter bottle)

$2.59 CA$3.60

$4.21 CA$5.84

-38.48%

One-way Ticket (Public Transport)

$2.36 CA$3.28

$2.19 CA$3.04

7.76%

Public Transport Monthly Pass (Regular Price)

$114 CA$159

$51.9 CA$72.0

120.08%

Taxi Start (Normal Tariff)

$3.16 CA$4.38

$2.95 CA$4.09

7.12%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.74

$1.41 CA$1.95

-10.64%

Taxi 1hour Waiting (Normal Tariff)

$22.57 CA$31.30

$21.51 CA$29.83

4.93%

Gasoline (1 liter)

$1.24 CA$1.72

$1.17 CA$1.63

5.98%

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

$27.3K CA$37.9K

$28.8K CA$40.0K

-5.15%

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

$20.7K CA$28.8K

$19.9K CA$27.5K

4.51%

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

$124 CA$172

$127 CA$176

-2.64%

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

$32.72 CA$45.38

$42.46 CA$58.9

-22.94%

Internet (50+ Mbps, Unlimited Data)

$48.79 CA$67.7

$65.8 CA$91.3

-25.88%

Gym Membership (Monthly)

$40.27 CA$55.9

$50.1 CA$69.5

-19.62%

Tennis Court (1 Hour on Weekend)

$23.84 CA$33.06

$11.39 CA$15.79

109.31%

Cinema Ticket

$12.82 CA$17.77

$13.07 CA$18.13

-1.91%

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

$787 CA$1,092

$391 CA$542

101.53%

International Primary School, 1 Child (Yearly)

$24.5K CA$34.0K

$13.8K CA$19.2K

77.56%

Jeans (Levis 501 Or Similar)

$54.2 CA$75.2

$60.4 CA$83.8

-10.17%

Summer Dress (H&M, Zara, etc)

$43.10 CA$59.8

$36.64 CA$50.8

17.63%

Sport Shoes (Adidas, Nike)

$97.9 CA$136

$106 CA$147

-7.34%

Men's Leather Business Shoes

$126 CA$175

$120 CA$166

5.45%

1-bedroom Apartment, City Center (Monthly)

$1,660 CA$2,303

$1,040 CA$1,443

59.60%

1-bedroom Apartment, Outside City Center (Monthly)

$1,483 CA$2,057

$806 CA$1,117

84.12%

3-bedroom Apartment, City Center (Monthly)

$2,800 CA$3,883

$1,661 CA$2,304

68.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,157 CA$2,991

$1,366 CA$1,895

57.84%

Buy Apartment in City Center (m2)

$8,381 CA$11.6K

$2,230 CA$3,093

275.77%

Buy Apartment Outside City Center (m2)

$6,842 CA$9,489

$2,136 CA$2,963

220.26%

Average Monthly Net Salary (After Tax)

$3,799 CA$5,269

$2,465 CA$3,418

54.13%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.6

-2.83%

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

Last update for Toronto: September 6, 2026

Last update for Moncton: September 7, 2026

Cost Breakdown

A central one-bedroom costs $1,660 in Toronto versus $1,040 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 54% 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 $87.0 in Toronto versus $68.0 in Moncton. Groceries tell a different story – $364 in Toronto vs $415 in Moncton – so Toronto wins on supermarket bills even if dining out costs more.

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: $2,620 in Toronto, $2,045 in Moncton – roughly 28% apart. Toronto costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $3,930 per month in Toronto and $3,067 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 $87.0 in Toronto and $68.0 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 $2,620 in Toronto and $2,045 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 $2,045, than in Toronto at $2,620. 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.