Last update: Oct 2026

Cost of Living Comparison Between Toronto and Niagara Falls

For one person, living is cheaper in Niagara Falls: $2,276 a month against $2,589 in Toronto, rent and utilities included – about $3,800 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
109

Cost of Living Index in Niagara Falls
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Niagara Falls Living Index

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Toronto

🇨🇦 Canada

$2,589

/mo nomad

Niagara Falls

🇨🇦 Canada

$2,276

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Niagara Falls

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

A single person spends $2,589 per month in Toronto vs $2,276 in Niagara Falls, rent included.

Toronto $2,589
Niagara Falls $2,276

A couple spends around $3,710 per month in Toronto vs $3,209 in Niagara Falls, rent included.

Toronto $3,710
Niagara Falls $3,209

A family of three spends $4,831 per month in Toronto vs $4,142 in Niagara Falls, rent included.

Toronto $4,831
Niagara Falls $4,142

Toronto costs about 14% more than Niagara Falls, and outside of rent the biggest gap is in transport.

Both Toronto and Niagara Falls sit above the global median – Toronto by 90%, Niagara Falls by 67%.

Meal at Budget Restaurant

$17.60 CA$24.70

$14.41 CA$20.22

22.14%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$56.6 CA$79.4

37.52%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.86

$12.53 CA$17.59

-15.48%

Cappuccino

$4.16 CA$5.83

$3.81 CA$5.34

9.19%

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

$2.04 CA$2.87

$2.11 CA$2.96

-3.32%

Water (0.33 liter bottle)

$1.75 CA$2.46

$1.74 CA$2.44

0.57%

Local Beer (0.5 liter draught)

$6.58 CA$9.23

$5.43 CA$7.62

21.18%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.98

$6.27 CA$8.80

13.40%

Milk (1 liter)

$2.53 CA$3.56

$2.17 CA$3.05

16.59%

White Bread (500g)

$2.70 CA$3.79

$3.07 CA$4.31

-12.05%

Rice (white) (1kg)

$2.24 CA$3.14

$3.46 CA$4.85

-35.26%

Eggs

$3.48 CA$4.89

$4.31 CA$6.05

-19.26%

Local Cheese (1kg)

$9.38 CA$13.16

$10.49 CA$14.72

-10.58%

Chicken Fillets (1kg)

$11.60 CA$16.28

$11.67 CA$16.38

-0.60%

Beef Round Steak (1kg)

$14.68 CA$20.61

$17.78 CA$24.96

-17.44%

Apples (1kg)

$3.74 CA$5.26

$4.27 CA$6.00

-12.41%

Banana (1kg)

$1.22 CA$1.72

$1.11 CA$1.55

9.91%

Oranges (1kg)

$3.48 CA$4.88

$3.29 CA$4.61

5.78%

Tomato (1kg)

$4.32 CA$6.07

$3.65 CA$5.12

18.36%

Potato (1kg)

$1.85 CA$2.60

$2.40 CA$3.37

-22.92%

Onion (1kg)

$1.69 CA$2.37

$2.72 CA$3.82

-37.87%

Lettuce (1 head)

$2.23 CA$3.13

$2.26 CA$3.18

-1.33%

Water (1.5 liter bottle)

$1.28 CA$1.79

$1.76 CA$2.48

-27.27%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.71

$14.18 CA$19.90

-0.99%

Wine (Bottle)

$14.43 CA$20.25

$12.68 CA$17.79

13.80%

Local Beer (0.5 liter bottle)

$2.16 CA$3.03

$2.90 CA$4.07

-25.52%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.54

$2.48 CA$3.48

1.61%

One-way Ticket (Public Transport)

$2.37 CA$3.32

$2.46 CA$3.45

-3.66%

Public Transport Monthly Pass (Regular Price)

$112 CA$158

$67.6 CA$94.8

66.48%

Taxi Start (Normal Tariff)

$3.04 CA$4.27

$2.89 CA$4.06

5.19%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.74

$1.28 CA$1.80

-3.13%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.65

$22.27 CA$31.26

1.26%

Gasoline (1 liter)

$1.24 CA$1.75

$1.15 CA$1.62

7.83%

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

$26.9K CA$37.8K

$26.8K CA$37.6K

0.50%

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

$21.4K CA$30.0K

$21.7K CA$30.4K

-1.38%

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

$125 CA$175

$178 CA$250

-30.10%

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

$33.05 CA$46.39

$34.64 CA$48.61

-4.59%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.3

$49.59 CA$69.6

-3.29%

Gym Membership (Monthly)

$36.69 CA$51.5

$17.16 CA$24.08

113.81%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

$28.91 CA$40.57

-18.13%

Cinema Ticket

$13.08 CA$18.35

$10.52 CA$14.77

24.33%

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

$759 CA$1,065

$516 CA$724

47.06%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.4K

$19.4K CA$27.2K

22.66%

Jeans (Levis 501 Or Similar)

$53.5 CA$75.1

$67.5 CA$94.7

-20.66%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.8

$52.2 CA$73.3

-22.54%

Sport Shoes (Adidas, Nike)

$100 CA$141

$82.8 CA$116

21.38%

Men's Leather Business Shoes

$125 CA$176

$86.0 CA$121

45.62%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,287

$1,325 CA$1,860

22.98%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,987

$1,131 CA$1,587

25.16%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,781

$1,960 CA$2,750

37.49%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,949

$1,626 CA$2,282

29.22%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

$4,153 CA$5,828

81.83%

Buy Apartment Outside City Center (m2)

$6,674 CA$9,366

$3,656 CA$5,131

82.54%

Average Monthly Net Salary (After Tax)

$3,543 CA$4,973

$3,057 CA$4,290

15.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

5.54

-19.68%

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

Last update for Toronto: October 26, 2026

Last update for Niagara Falls: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Niagara Falls

$1.1K 49.7% 20.1% $285

Groceries & Markets

Toronto

$345 13.3%

Niagara Falls

$374 16.4% 8.4% $29

Eating Out

Toronto

$285 11%

Niagara Falls

$254 11.1% 10.9% $31

Monthly Utilities & Internet

Toronto

$206 7.9%

Niagara Falls

$263 11.5% 27.7% $57

Clothing & Footwear

Toronto

$144 5.6%

Niagara Falls

$130 5.7% 9.8% $14

Getting Around

Toronto

$131 5.1%

Niagara Falls

$87 3.8% 33.9% $44

Sport & Entertainment

Toronto

$63 2.4%

Niagara Falls

$38 1.7% 39.2% $25

Cost Breakdown

A central one-bedroom costs $1,630 in Toronto versus $1,325 in Niagara Falls. 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 16% higher in Toronto. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $78 in Toronto versus $57 in Niagara Falls. Groceries tell a different story – $345 in Toronto vs $374 in Niagara Falls – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇨🇦 Niagara Falls

🕒 Local time

18:06 6:06 PM

Same time as Toronto

🌤 Weather

👥 Population

2,731,571

93,000

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

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Toronto Niagara Falls 66 km

From you

Toronto
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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 Niagara Falls: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 14%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,883 per month in Toronto and $3,414 in Niagara Falls. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Niagara Falls, especially for central apartments: a one-bedroom in the center costs $1,325 there versus $1,630 in Toronto.

Public transport costs about 40% less in Niagara Falls. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $759 per month in Toronto and $516 in Niagara Falls. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Families tend to lean toward Niagara Falls – 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 Niagara Falls. If higher salaries or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.