Cost of Living Comparison Between Toronto and Montmagny Cost of Living Comparison Between Toronto and Montmagny

Monthly Cost of Living

A single person spends $2,620 per month in Toronto vs $2,259 in Montmagny, rent included.

A couple spends around $3,866 per month in Toronto vs $3,286 in Montmagny, rent included.

A family of three spends $5,111 per month in Toronto vs $4,313 in Montmagny, rent included.

Toronto costs about 16% more than Montmagny, driven mainly by Getting Around.

Both Toronto and Montmagny sit above the global median – Toronto by 90%, Montmagny by 64%.

Meal at Budget Restaurant

$17.85 CA$24.75

$18.36 CA$25.47

-2.78%

Three-Course Dinner for Two, Mid-Range

$86.8 CA$120

$72.4 CA$100

19.86%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.17

$10.89 CA$15.10

0.46%

Cappuccino

$4.01 CA$5.57

$4.09 CA$5.68

-1.96%

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

$2.19 CA$3.04

$2.06 CA$2.85

6.31%

Water (0.33 liter bottle)

$1.69 CA$2.34

$1.58 CA$2.20

6.96%

Local Beer (0.5 liter draught)

$6.45 CA$8.94

$6.58 CA$9.13

-1.98%

Imported Beer (0.33 liter bottle)

$7.05 CA$9.77

$7.36 CA$10.20

-4.21%

Milk (1 liter)

$2.71 CA$3.77

$2.26 CA$3.13

19.91%

White Bread (500g)

$2.92 CA$4.05

$3.16 CA$4.38

-7.59%

Rice (white) (1kg)

$2.48 CA$3.44

$3.11 CA$4.31

-20.26%

Eggs

$3.85 CA$5.34

$3.68 CA$5.11

4.62%

Local Cheese (1kg)

$10.10 CA$14.01

$13.72 CA$19.03

-26.38%

Chicken Fillets (1kg)

$12.02 CA$16.66

$11.64 CA$16.14

3.26%

Beef Round Steak (1kg)

$15.61 CA$21.65

$14.28 CA$19.81

9.31%

Apples (1kg)

$3.90 CA$5.41

$3.54 CA$4.91

10.17%

Banana (1kg)

$1.24 CA$1.72

$1.48 CA$2.05

-16.22%

Oranges (1kg)

$3.78 CA$5.24

$3.36 CA$4.66

12.50%

Tomato (1kg)

$4.38 CA$6.08

$2.89 CA$4.01

51.56%

Potato (1kg)

$1.93 CA$2.67

$1.98 CA$2.74

-2.53%

Onion (1kg)

$1.50 CA$2.08

$1.85 CA$2.57

-18.92%

Lettuce (1 head)

$2.28 CA$3.17

$2.53 CA$3.51

-9.88%

Water (1.5 liter bottle)

$1.46 CA$2.02

$1.37 CA$1.90

6.57%

Cigarettes 20 Pack (Marlboro, Camel)

$14.52 CA$20.14

$11.59 CA$16.07

25.28%

Wine (Bottle)

$14.42 CA$20.00

$10.75 CA$14.91

34.14%

Local Beer (0.5 liter bottle)

$2.26 CA$3.14

$2.29 CA$3.18

-1.31%

Imported Beer (0.33 liter bottle)

$2.59 CA$3.60

$2.99 CA$4.14

-13.38%

One-way Ticket (Public Transport)

$2.36 CA$3.28

$2.31 CA$3.20

2.16%

Public Transport Monthly Pass (Regular Price)

$114 CA$159

$64.0 CA$88.8

78.55%

Taxi Start (Normal Tariff)

$3.16 CA$4.38

$3.22 CA$4.47

-1.86%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.74

$1.52 CA$2.11

-17.11%

Taxi 1hour Waiting (Normal Tariff)

$22.57 CA$31.30

$33.87 CA$46.98

-33.36%

Gasoline (1 liter)

$1.24 CA$1.72

$1.35 CA$1.87

-8.15%

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

$27.3K CA$37.9K

$29.0K CA$40.2K

-5.63%

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

$20.7K CA$28.8K

$19.9K CA$27.6K

4.12%

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

$124 CA$172

$78.6 CA$109

57.44%

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

$32.72 CA$45.38

$34.94 CA$48.46

-6.35%

Internet (50+ Mbps, Unlimited Data)

$48.79 CA$67.7

$41.99 CA$58.2

16.19%

Gym Membership (Monthly)

$40.27 CA$55.9

$41.00 CA$56.9

-1.78%

Tennis Court (1 Hour on Weekend)

$23.84 CA$33.06

$18.43 CA$25.56

29.35%

Cinema Ticket

$12.82 CA$17.77

$11.86 CA$16.45

8.09%

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

$787 CA$1,092

$560 CA$777

40.56%

International Primary School, 1 Child (Yearly)

$24.5K CA$34.0K

$16.6K CA$23.0K

48.02%

Jeans (Levis 501 Or Similar)

$54.2 CA$75.2

$59.5 CA$82.6

-8.89%

Summer Dress (H&M, Zara, etc)

$43.10 CA$59.8

$42.18 CA$58.5

2.18%

Sport Shoes (Adidas, Nike)

$97.9 CA$136

$105 CA$146

-6.83%

Men's Leather Business Shoes

$126 CA$175

$114 CA$159

10.17%

1-bedroom Apartment, City Center (Monthly)

$1,660 CA$2,303

$1,289 CA$1,787

28.83%

1-bedroom Apartment, Outside City Center (Monthly)

$1,483 CA$2,057

$1,164 CA$1,614

27.48%

3-bedroom Apartment, City Center (Monthly)

$2,800 CA$3,883

$2,017 CA$2,797

38.82%

3-bedroom Apartment, Outside City Center (Monthly)

$2,157 CA$2,991

$1,760 CA$2,441

22.50%

Buy Apartment in City Center (m2)

$8,381 CA$11.6K

$4,320 CA$5,991

94.01%

Buy Apartment Outside City Center (m2)

$6,842 CA$9,489

$3,652 CA$5,066

87.32%

Average Monthly Net Salary (After Tax)

$3,799 CA$5,269

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.41

1.36%

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

Last update for Toronto: September 6, 2026

Last update for Montmagny: September 5, 2026

Cost Breakdown

A central one-bedroom costs $1,660 in Toronto versus $1,289 in Montmagny. 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 $87.0 in Toronto versus $72.0 in Montmagny. Monthly groceries follow the same trend: $364 vs $353 – making Montmagny 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 Montmagny: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 16%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,930 per month in Toronto and $3,388 in Montmagny. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $787 per month in Toronto and $560 in Montmagny. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 3% 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 Montmagny, where all-in costs run around $2,259, than in Toronto at $2,620. In Montmagny it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Montmagny – 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 Montmagny. 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.