Last update: Oct 2026

Cost of Living Comparison Between Toronto and Monteria

For one person, living is cheaper in Monteria: $1,227 a month against $2,561 in Toronto, rent and utilities included – about $16,000 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
62

Cost of Living Index in Monteria
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Monteria Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Monteria

🇨🇴 Colombia

$1,227

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Monteria

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

Monthly costs for one person with rent: $2,561 in Toronto versus $1,227 in Monteria.

Toronto $2,561
Monteria $1,227

Estimated couple costs with rent: $3,694 in Toronto versus $1,997 in Monteria.

Toronto $3,694
Monteria $1,997

Monthly costs for a family of three with rent: $4,826 in Toronto versus $2,767 in Monteria.

Toronto $4,826
Monteria $2,767

Living in Toronto is roughly 109% more expensive than in Monteria, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 90% above, Monteria is 9% below.

Meal at Budget Restaurant

$17.18 CA$24.42

$5.73 COP 18.2K

199.83%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$108

$41.91 COP 133.3K

81.27%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.97

$10.31 COP 32.8K

2.23%

Cappuccino

$4.02 CA$5.71

$2.57 COP 8,178

56.42%

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

$2.12 CA$3.01

$2.57 COP 8,188

-17.51%

Water (0.33 liter bottle)

$1.75 CA$2.49

$2.27 COP 7,209

-22.91%

Local Beer (0.5 liter draught)

$6.24 CA$8.87

$3.29 COP 10.5K

89.67%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.07

$5.16 COP 16.4K

37.40%

Milk (1 liter)

$2.44 CA$3.47

$1.90 COP 6,052

28.42%

White Bread (500g)

$2.68 CA$3.80

$2.78 COP 8,857

-3.60%

Rice (white) (1kg)

$2.24 CA$3.18

$1.43 COP 4,537

56.64%

Eggs

$3.56 CA$5.06

$4.83 COP 15.4K

-26.29%

Local Cheese (1kg)

$9.09 CA$12.92

$7.98 COP 25.4K

13.91%

Chicken Fillets (1kg)

$11.33 CA$16.10

$9.46 COP 30.1K

19.77%

Beef Round Steak (1kg)

$14.53 CA$20.66

$13.49 COP 42.9K

7.71%

Apples (1kg)

$3.62 CA$5.15

$3.16 COP 10.1K

14.56%

Banana (1kg)

$1.21 CA$1.72

$1.24 COP 3,951

-2.42%

Oranges (1kg)

$3.60 CA$5.12

$2.07 COP 6,580

73.91%

Tomato (1kg)

$4.21 CA$5.99

$1.81 COP 5,751

132.60%

Potato (1kg)

$1.79 CA$2.54

$1.68 COP 5,332

6.55%

Onion (1kg)

$1.59 CA$2.26

$1.58 COP 5,020

0.63%

Lettuce (1 head)

$2.27 CA$3.23

$1.22 COP 3,887

86.07%

Water (1.5 liter bottle)

$1.25 CA$1.78

$1.16 COP 3,698

7.76%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.64

$4.07 COP 12.9K

239.56%

Wine (Bottle)

$14.27 CA$20.29

$14.66 COP 46.6K

-2.66%

Local Beer (0.5 liter bottle)

$2.20 CA$3.12

$1.46 COP 4,630

50.68%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.46

$2.34 COP 7,443

3.85%

One-way Ticket (Public Transport)

$2.39 CA$3.40

$1.19 COP 3,777

100.84%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.91 CA$4.14

$1.57 COP 5,006

85.35%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.70

$3.68 COP 11.7K

-67.39%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.39

$9.57 COP 30.4K

123.41%

Gasoline (1 liter)

$1.21 CA$1.72

$1.30 COP 4,132

-6.92%

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

$28.2K CA$40.0K

$23.5K COP 74.8M

19.76%

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

$20.3K CA$28.8K

$34.4K COP 109.3M

-41.08%

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

$120 CA$171

$78.0 COP 248.1K

54.29%

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

$32.26 CA$45.84

$14.49 COP 46.1K

122.64%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$68.1

$25.19 COP 80.1K

90.27%

Gym Membership (Monthly)

$38.48 CA$54.7

$43.38 COP 138.0K

-11.30%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.63

Cinema Ticket

$12.38 CA$17.59

$8.24 COP 26.2K

50.24%

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

$830 CA$1,180

$618 COP 2.0M

34.30%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.8K

$5,835 COP 18.6M

295.70%

Jeans (Levis 501 Or Similar)

$50.7 CA$72.1

$75.5 COP 240.1K

-32.83%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.9

$55.4 COP 176.2K

-27.76%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$132 COP 420.5K

-25.90%

Men's Leather Business Shoes

$121 CA$171

$109 COP 345.9K

10.95%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,263

$736 COP 2.3M

116.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$2,005

$411 COP 1.3M

243.12%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,795

$1,022 COP 3.3M

161.15%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,058

$913 COP 2.9M

135.78%

Buy Apartment in City Center (m2)

$7,945 CA$11.3K

$2,174 COP 6.9M

265.44%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,298

$1,691 COP 5.4M

286.83%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,297

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

-70.20%

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

Last update for Toronto: October 12, 2026

Last update for Monteria: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Monteria

$411 33.5% 70.9% $999

Groceries & Markets

Toronto

$340 13.3%

Monteria

$293 23.8% 13.9% $47

Eating Out

Toronto

$278 10.9%

Monteria

$154 12.5% 44.7% $124

Monthly Utilities & Internet

Toronto

$201 7.8%

Monteria

$118 9.6% 41.3% $83

Clothing & Footwear

Toronto

$139 5.4%

Monteria

$167 13.6% 20.2% $28

Getting Around

Toronto

$129 5.1%

Monteria

$25 * 2% 80.9% $105

Sport & Entertainment

Toronto

$63 2.5%

Monteria

$60 4.9% 5.3% $3.4

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,592 in Toronto and $736 in Monteria. Housing cost is often the main lever when comparing two cities.

Dining out: $76.0 in Toronto vs $42.00 in Monteria for a mid-range dinner for two. Groceries echo the gap at $340 vs $293 per month, with Monteria cheaper across the board.

Good to know

🇨🇦 Toronto

🇨🇴 Monteria

🕒 Local time

06:19 6:19 AM

05:19 5:19 AM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

454,032

💱 Currency

Canadian Dollar CAD $

Colombian Peso COP $

📈 Exchange rate

1 CAD = 0.704 USD

1 CAD = 0.628 EUR

10,000 COP = 3.14 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 15, 2026: 1 USD = 1.42 CAD (1 CAD = 0.704 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

Colombian Peso exchange rates as of October 15, 2026: 1 USD = 3,181 COP (10,000 COP = 3.14 USD). 1 EUR = 3,562 COP (10,000 COP = 2.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Monteria 3,900 km ≈ 5 h nonstop flight

From you

Toronto
Monteria

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 Monteria: Cost of Living - Frequently Asked Questions

Monteria wins on cost – living expenses run 109% lower than in Toronto. Housing and daily spending are where you'll feel the difference most, making Monteria the obvious pick if budget is a priority.

You'd need roughly $3,841 in Toronto and $1,840 in Monteria to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,592 in Toronto versus $736 in Monteria. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $830 in Toronto versus $618 in Monteria. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Monteria – a meal for two runs $42.00 versus $76.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,227 in Monteria versus $2,561 in Toronto, a $1,000 budget is realistic in Monteria but tight or insufficient in Toronto. The gap between the two cities makes Monteria 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 Monteria gentler on the wallet – expenses run 109% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.