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

Monthly Cost of Living

A single person spends $2,788 per month in Toronto vs $2,365 in Montmagny, rent included.

A couple spends around $4,110 per month in Toronto vs $3,426 in Montmagny, rent included.

A family of three spends $5,432 per month in Toronto vs $4,486 in Montmagny, rent included.

Toronto costs about 18% more than Montmagny, driven mainly by Getting Around.

Both Toronto and Montmagny sit above the global median – Toronto by 109%, Montmagny by 77%.

Meal at Budget Restaurant

$18.51 CA$26.05

$14.52 CA$20.43

27.48%

Three-Course Dinner for Two, Mid-Range

$83.8 CA$118

$70.0 CA$98.5

19.80%

Fast Food Meal (McDonalds, etc)

$10.97 CA$15.44

$10.83 CA$15.24

1.29%

Cappuccino

$3.99 CA$5.61

$4.19 CA$5.90

-4.77%

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

$2.11 CA$2.98

$2.61 CA$3.67

-19.16%

Water (0.33 liter bottle)

$1.69 CA$2.38

$2.03 CA$2.86

-16.75%

Local Beer (0.5 liter draught)

$5.92 CA$8.33

$5.11 CA$7.19

15.85%

Imported Beer (0.33 liter bottle)

$6.48 CA$9.11

$9.10 CA$12.80

-28.79%

Milk (1 liter)

$2.71 CA$3.82

$2.59 CA$3.64

4.63%

White Bread (500g)

$2.85 CA$4.02

$2.90 CA$4.08

-1.72%

Rice (white) (1kg)

$3.56 CA$5.01

$2.68 CA$3.78

32.84%

Eggs

$3.54 CA$4.98

$2.96 CA$4.16

19.59%

Local Cheese (1kg)

$13.26 CA$18.66

$10.99 CA$15.46

20.66%

Chicken Fillets (1kg)

$13.05 CA$18.36

$12.97 CA$18.25

0.62%

Beef Round Steak (1kg)

$16.77 CA$23.59

$14.43 CA$20.30

16.22%

Apples (1kg)

$4.11 CA$5.79

$5.89 CA$8.29

-30.22%

Banana (1kg)

$1.14 CA$1.60

$2.43 CA$3.42

-53.09%

Oranges (1kg)

$3.40 CA$4.78

$5.19 CA$7.30

-34.49%

Tomato (1kg)

$4.02 CA$5.66

$4.58 CA$6.44

-12.23%

Potato (1kg)

$2.43 CA$3.42

Onion (1kg)

$2.94 CA$4.13

$2.62 CA$3.68

12.21%

Lettuce (1 head)

$2.47 CA$3.48

$2.72 CA$3.82

-9.19%

Water (1.5 liter bottle)

$1.92 CA$2.70

$1.19 CA$1.67

61.34%

Cigarettes 20 Pack (Marlboro, Camel)

$14.99 CA$21.09

$11.21 CA$15.77

33.72%

Wine (Bottle)

$14.34 CA$20.17

$10.77 CA$15.15

33.15%

Local Beer (0.5 liter bottle)

$2.71 CA$3.81

$2.13 CA$3.00

27.23%

Imported Beer (0.33 liter bottle)

$3.12 CA$4.39

$2.61 CA$3.67

19.54%

One-way Ticket (Public Transport)

$2.45 CA$3.45

$2.36 CA$3.31

3.81%

Public Transport Monthly Pass (Regular Price)

$113 CA$159

$62.5 CA$88.0

80.41%

Taxi Start (Normal Tariff)

$3.63 CA$5.10

$2.91 CA$4.10

24.74%

Taxi (Normal Tariff) (1km)

$1.34 CA$1.89

$2.84 CA$4.00

-52.82%

Taxi 1hour Waiting (Normal Tariff)

$25.55 CA$35.95

$26.26 CA$36.96

-2.70%

Gasoline (1 liter)

$1.11 CA$1.56

$1.23 CA$1.74

-9.76%

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

$25.3K CA$35.6K

$24.6K CA$34.5K

2.93%

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

$21.8K CA$30.6K

$20.0K CA$28.2K

8.65%

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

$117 CA$164

$103 CA$145

12.86%

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

$37.60 CA$52.9

$58.0 CA$81.6

-35.19%

Internet (50+ Mbps, Unlimited Data)

$53.7 CA$75.6

$46.49 CA$65.4

15.49%

Gym Membership (Monthly)

$57.1 CA$80.3

$41.65 CA$58.6

37.09%

Tennis Court (1 Hour on Weekend)

$20.86 CA$29.35

Cinema Ticket

$11.56 CA$16.26

$11.14 CA$15.67

3.77%

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

$1,125 CA$1,583

$708 CA$996

58.93%

International Primary School, 1 Child (Yearly)

$18.4K CA$25.9K

$4,493 CA$6,323

310.33%

Jeans (Levis 501 Or Similar)

$57.3 CA$80.7

$54.5 CA$76.7

5.12%

Summer Dress (H&M, Zara, etc)

$39.05 CA$55.0

$57.8 CA$81.3

-32.43%

Sport Shoes (Adidas, Nike)

$87.6 CA$123

$103 CA$145

-14.77%

Men's Leather Business Shoes

$114 CA$160

$144 CA$203

-21.16%

1-bedroom Apartment, City Center (Monthly)

$1,842 CA$2,591

$1,310 CA$1,843

40.62%

1-bedroom Apartment, Outside City Center (Monthly)

$1,531 CA$2,154

$1,174 CA$1,652

30.40%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,116

$2,016 CA$2,837

45.10%

3-bedroom Apartment, Outside City Center (Monthly)

$2,502 CA$3,521

$1,843 CA$2,593

35.78%

Buy Apartment in City Center (m2)

$8,725 CA$12.3K

$4,144 CA$5,831

110.56%

Buy Apartment Outside City Center (m2)

$6,867 CA$9,663

$3,312 CA$4,660

107.36%

Average Monthly Net Salary (After Tax)

$3,454 CA$4,860

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.53

-20.98%

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

Last update for Toronto: July 11, 2026

Last update for Montmagny: July 14, 2026

Cost Breakdown

A central one-bedroom costs $1,842 in Toronto versus $1,310 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 $84.0 in Toronto versus $70.0 in Montmagny. Monthly groceries follow the same trend: $395 vs $381 – 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 18%, 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 $4,181 per month in Toronto and $3,548 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 $1,125 per month in Toronto and $708 in Montmagny. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 4% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$2,500 is a stretch for both – monthly costs hit $2,788 in Toronto and $2,365 in Montmagny. You'll need shared housing and careful budgeting no matter which city you pick.

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.