Cost of Living Comparison Between Toronto and Nykobing Falster Cost of Living Comparison Between Toronto and Nykobing Falster

Monthly Cost of Living

Monthly costs for one person with rent: $2,754 in Toronto versus $2,014 in Nykobing Falster.

Estimated couple costs with rent: $4,024 in Toronto versus $3,040 in Nykobing Falster.

Monthly costs for a family of three with rent: $5,294 in Toronto versus $4,066 in Nykobing Falster.

Living in Toronto is roughly 37% more expensive than Nykobing Falster, driven mainly by Eating Out.

Both cities are pricier than the global median: Toronto 106% above, Nykobing Falster 50% above.

Meal at Budget Restaurant

$18.87 CA$25.86

$23.31 DKK 149

-19.05%

Three-Course Dinner for Two, Mid-Range

$82.6 CA$113

$118 DKK 751

-29.82%

Fast Food Meal (McDonalds, etc)

$11.19 CA$15.33

$13.98 DKK 89.2

-19.96%

Cappuccino

$3.83 CA$5.25

$6.19 DKK 39.51

-38.13%

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

$2.19 CA$3.00

$2.38 DKK 15.20

-7.98%

Water (0.33 liter bottle)

$1.63 CA$2.24

$1.51 DKK 9.66

7.95%

Local Beer (0.5 liter draught)

$5.73 CA$7.85

$9.33 DKK 59.5

-38.59%

Imported Beer (0.33 liter bottle)

$6.58 CA$9.01

$7.65 DKK 48.82

-13.99%

Milk (1 liter)

$2.80 CA$3.83

$2.00 DKK 12.75

40.00%

White Bread (500g)

$2.77 CA$3.80

$2.50 DKK 15.92

10.80%

Rice (white) (1kg)

$3.55 CA$4.86

$1.51 DKK 9.60

135.10%

Eggs

$3.46 CA$4.75

$4.44 DKK 28.30

-22.07%

Local Cheese (1kg)

$13.39 CA$18.35

$10.83 DKK 69.1

23.64%

Chicken Fillets (1kg)

$12.88 CA$17.64

$10.56 DKK 67.4

21.97%

Beef Round Steak (1kg)

$16.36 CA$22.42

$10.41 DKK 66.4

57.16%

Apples (1kg)

$4.14 CA$5.67

$2.70 DKK 17.24

53.33%

Banana (1kg)

$1.14 CA$1.56

$3.36 DKK 21.41

-66.07%

Oranges (1kg)

$3.39 CA$4.65

$3.55 DKK 22.64

-4.51%

Tomato (1kg)

$4.05 CA$5.55

$4.70 DKK 30.01

-13.83%

Potato (1kg)

$2.53 CA$3.47

$2.16 DKK 13.76

17.13%

Onion (1kg)

$2.82 CA$3.87

$1.72 DKK 10.99

63.95%

Lettuce (1 head)

$2.46 CA$3.38

$1.84 DKK 11.73

33.70%

Water (1.5 liter bottle)

$1.97 CA$2.70

$0.83 DKK 5.31

137.35%

Cigarettes 20 Pack (Marlboro, Camel)

$14.78 CA$20.25

$8.41 DKK 53.7

75.74%

Wine (Bottle)

$14.57 CA$19.96

$10.54 DKK 67.2

38.24%

Local Beer (0.5 liter bottle)

$2.67 CA$3.66

$1.94 DKK 12.36

37.63%

Imported Beer (0.33 liter bottle)

$3.19 CA$4.37

$2.05 DKK 13.05

55.61%

One-way Ticket (Public Transport)

$2.41 CA$3.30

$3.91 DKK 24.93

-38.36%

Public Transport Monthly Pass (Regular Price)

$113 CA$154

$53.6 DKK 342

110.32%

Taxi Start (Normal Tariff)

$3.59 CA$4.92

$5.96 DKK 38.05

-39.77%

Taxi (Normal Tariff) (1km)

$1.35 CA$1.84

$1.76 DKK 11.20

-23.30%

Taxi 1hour Waiting (Normal Tariff)

$25.88 CA$35.45

$60.9 DKK 388

-57.48%

Gasoline (1 liter)

$1.10 CA$1.51

$2.11 DKK 13.49

-47.87%

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

$25.1K CA$34.4K

$49.0K DKK 312.7K

-48.70%

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

$21.7K CA$29.7K

$48.2K DKK 307.8K

-55.01%

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

$116 CA$159

$204 DKK 1,301

-42.93%

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

$37.49 CA$51.4

$19.55 DKK 125

91.76%

Internet (50+ Mbps, Unlimited Data)

$55.1 CA$75.4

$41.73 DKK 266

31.92%

Gym Membership (Monthly)

$57.0 CA$78.1

$35.05 DKK 224

62.68%

Tennis Court (1 Hour on Weekend)

$20.45 CA$28.01

$30.25 DKK 193

-32.40%

Cinema Ticket

$11.83 CA$16.20

$18.67 DKK 119

-36.64%

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

$1,121 CA$1,536

$759 DKK 4,840

47.75%

International Primary School, 1 Child (Yearly)

$18.5K CA$25.3K

$5,791 DKK 36.9K

218.83%

Jeans (Levis 501 Or Similar)

$56.8 CA$77.8

$103 DKK 660

-45.10%

Summer Dress (H&M, Zara, etc)

$38.87 CA$53.3

$35.63 DKK 227

9.09%

Sport Shoes (Adidas, Nike)

$89.4 CA$123

$117 DKK 748

-23.68%

Men's Leather Business Shoes

$114 CA$157

$198 DKK 1,266

-42.37%

1-bedroom Apartment, City Center (Monthly)

$1,844 CA$2,526

$869 DKK 5,547

112.04%

1-bedroom Apartment, Outside City Center (Monthly)

$1,557 CA$2,133

$692 DKK 4,413

125.08%

3-bedroom Apartment, City Center (Monthly)

$2,940 CA$4,027

$1,028 DKK 6,557

186.04%

3-bedroom Apartment, Outside City Center (Monthly)

$2,432 CA$3,332

$852 DKK 5,435

185.51%

Buy Apartment in City Center (m2)

$8,557 CA$11.7K

$5,620 DKK 35.9K

52.26%

Buy Apartment Outside City Center (m2)

$6,919 CA$9,479

$3,409 DKK 21.8K

102.94%

Average Monthly Net Salary (After Tax)

$3,596 CA$4,927

$2,724 DKK 17.4K

32.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

1.5

244.00%

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

Last update for Toronto: April 27, 2026

Last update for Nykobing Falster: April 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,844 in Toronto and $869 in Nykobing Falster. Housing cost is often the main lever when comparing two cities.

Toronto pays 32% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $83.0 in Toronto vs $118 in Nykobing Falster. Groceries flip the comparison at $394 vs $319, with Nykobing Falster cheaper for home cooking.

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 Nykobing Falster: Cost of Living - Frequently Asked Questions

Toronto and Nykobing Falster differ by about 37% in total monthly costs ($2,754 vs $2,014 including rent). Nykobing Falster is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Toronto pays 32% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,844 in Toronto versus $869 in Nykobing Falster. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Nykobing Falster runs roughly 110% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,121 in Toronto versus $759 in Nykobing Falster. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $2,014 in Nykobing Falster versus $2,754 in Toronto, a $3,000 budget is realistic in Nykobing Falster but tight or insufficient in Toronto. The gap between the two cities makes Nykobing Falster 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.

Safety-wise, Toronto and Nykobing Falster are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Nykobing Falster gentler on the wallet – expenses run 37% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.