Last update: Oct 2026

Cost of Living Comparison Between Toronto and Monticello, AR

For one person, living is cheaper in Monticello, AR: $2,407 a month against $2,610 in Toronto, rent and utilities included – about $2,400 less a year. Other living expenses account for most of the difference.

126

Cost of Living Index in Toronto
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Toronto Living Index
114

Cost of Living Index in Monticello, AR
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Monticello, AR Living Index

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Toronto

🇨🇦 Canada

$2,610

/mo nomad

Monticello, AR

🇺🇸 United States

$2,407

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Monticello, AR

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

A single person spends $2,610 per month in Toronto vs $2,407 in Monticello, AR, rent included.

Toronto $2,610
Monticello, AR $2,407

A couple spends around $3,727 per month in Toronto vs $3,453 in Monticello, AR, rent included.

Toronto $3,727
Monticello, AR $3,453

A family of three spends $4,844 per month in Toronto vs $4,499 in Monticello, AR, rent included.

Toronto $4,844
Monticello, AR $4,499

Toronto costs about 8% more than Monticello, AR, and outside of rent the biggest gap is in transport.

Both Toronto and Monticello, AR sit above the global median – Toronto by 93%, Monticello, AR by 78%.

Meal at Budget Restaurant

$17.59 CA$24.87

$18.26 $18.26

-3.67%

Three-Course Dinner for Two, Mid-Range

$78.8 CA$111

$74.9 $74.9

5.22%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.16

$12.03 $12.03

-10.81%

Cappuccino

$4.09 CA$5.78

$5.50 $5.50

-25.64%

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

$2.10 CA$2.97

$2.35 $2.35

-10.64%

Water (0.33 liter bottle)

$1.72 CA$2.43

$2.04 $2.04

-15.69%

Local Beer (0.5 liter draught)

$6.36 CA$8.99

$7.13 $7.13

-10.80%

Imported Beer (0.33 liter bottle)

$7.08 CA$10.01

$8.09 $8.09

-12.48%

Milk (1 liter)

$2.54 CA$3.59

$0.90 $0.90

182.22%

White Bread (500g)

$2.72 CA$3.85

$1.20 $1.20

126.67%

Rice (white) (1kg)

$2.18 CA$3.09

$2.08 $2.08

4.81%

Eggs

$3.63 CA$5.13

$3.71 $3.71

-2.16%

Local Cheese (1kg)

$9.46 CA$13.37

$8.88 $8.88

6.53%

Chicken Fillets (1kg)

$11.54 CA$16.32

$6.69 $6.69

72.50%

Beef Round Steak (1kg)

$14.37 CA$20.32

$8.85 $8.85

62.37%

Apples (1kg)

$3.70 CA$5.23

$3.38 $3.38

9.47%

Banana (1kg)

$1.19 CA$1.68

$1.29 $1.29

-7.75%

Oranges (1kg)

$3.46 CA$4.90

$2.69 $2.69

28.62%

Tomato (1kg)

$4.22 CA$5.97

$2.17 $2.17

94.47%

Potato (1kg)

$1.79 CA$2.52

$3.26 $3.26

-45.09%

Onion (1kg)

$1.65 CA$2.33

$2.31 $2.31

-28.57%

Lettuce (1 head)

$2.20 CA$3.11

$1.84 $1.84

19.57%

Water (1.5 liter bottle)

$1.26 CA$1.78

$2.23 $2.23

-43.50%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 CA$19.75

$9.47 $9.47

47.52%

Wine (Bottle)

$14.20 CA$20.07

$12.74 $12.74

11.46%

Local Beer (0.5 liter bottle)

$2.25 CA$3.18

$1.78 $1.78

26.40%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$1.60 $1.60

58.12%

One-way Ticket (Public Transport)

$2.32 CA$3.28

$2.30 $2.30

0.87%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$3.06 CA$4.33

$1.96 $1.96

56.12%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$1.39 $1.39

-12.23%

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

$20.32 $20.32

6.74%

Gasoline (1 liter)

$1.21 CA$1.72

$0.96 $0.96

26.04%

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

$26.1K CA$37.0K

$27.6K $27.6K

-5.39%

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

$21.1K CA$29.9K

$27.2K $27.2K

-22.33%

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

$120 CA$169

$190 $190

-37.00%

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

$32.21 CA$45.54

$40.07 $40.07

-19.62%

Internet (50+ Mbps, Unlimited Data)

$48.88 CA$69.1

$45.59 $45.59

7.22%

Gym Membership (Monthly)

$39.34 CA$55.6

$42.43 $42.43

-7.28%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$12.58 CA$17.79

$10.98 $10.98

14.57%

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

$832 CA$1,176

$1,219 $1,219

-31.77%

International Primary School, 1 Child (Yearly)

$23.6K CA$33.4K

$24.8K $24.8K

-4.70%

Jeans (Levis 501 Or Similar)

$52.3 CA$73.9

$23.74 $23.74

120.22%

Summer Dress (H&M, Zara, etc)

$39.44 CA$55.8

$33.03 $33.03

19.41%

Sport Shoes (Adidas, Nike)

$99.0 CA$140

$69.0 $69.0

43.54%

Men's Leather Business Shoes

$122 CA$172

$150 $150

-18.85%

1-bedroom Apartment, City Center (Monthly)

$1,631 CA$2,306

$1,584 $1,584

3.01%

1-bedroom Apartment, Outside City Center (Monthly)

$1,448 CA$2,048

$1,345 $1,345

7.72%

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

$2,702 $2,702

1.29%

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

$2,132 $2,132

-0.11%

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

$2,660 $2,660

208.54%

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

$2,221 $2,221

207.80%

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.6

-32.27%

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

Last update for Toronto: October 18, 2026

Last update for Monticello, AR: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.5%

Monticello, AR

$1.3K 55.9% 7.2% $104

Groceries & Markets

Toronto

$343 13.1%

Monticello, AR

$263 10.9% 23.3% $80

Eating Out

Toronto

$283 10.9%

Monticello, AR

$318 13.2% 12.1% $34

Monthly Utilities & Internet

Toronto

$201 7.7%

Monticello, AR

$276 11.5% 37.3% $75

Clothing & Footwear

Toronto

$141 5.4%

Monticello, AR

$124 5.2% 11.7% $17

Getting Around

Toronto

$130 5%

Monticello, AR

$18 * 0.8% 86.1% $112

Sport & Entertainment

Toronto

$65 2.5%

Monticello, AR

$64 2.7% 0.2% $0.1

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

Cost Breakdown

A central one-bedroom costs $1,631 in Toronto versus $1,584 in Monticello, AR. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $79.0 in Toronto versus $75.0 in Monticello, AR. Monthly groceries follow the same trend: $343 vs $263 – making Monticello, AR the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Monticello, AR

🕒 Local time

18:41 6:41 PM

17:41 5:41 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

11,414

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

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).

United States Dollar exchange rates as of October 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Monticello, AR 1,550 km ≈ 2 h 30 min nonstop flight

From you

Toronto
Monticello, AR

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 Monticello, AR: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 8%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,916 per month in Toronto and $3,611 in Monticello, AR. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Monticello, AR, 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 $79.0 in Toronto and $75.0 in Monticello, AR. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 30% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Monticello, AR, where all-in costs run around $2,407, than in Toronto at $2,610. In Monticello, AR it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Monticello, AR – 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 Monticello, AR. 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.