Last update: Oct 2026

Cost of Living Comparison Between Toronto and Palm Springs, CA

For one person, living is cheaper in Toronto: $2,530 a month against $2,874 in Palm Springs, CA, rent and utilities included – about $4,100 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
142

Cost of Living Index in Palm Springs, CA
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Palm Springs, CA Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Palm Springs, CA

🇺🇸 United States

$2,874

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Palm Springs, CA

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 Palm Springs, CA actually costs, broken down by who's living it.

A single person spends $2,530 per month in Toronto vs $2,874 in Palm Springs, CA, rent included.

Toronto $2,530
Palm Springs, CA $2,874

A couple spends around $3,646 per month in Toronto vs $4,597 in Palm Springs, CA, rent included.

Toronto $3,646
Palm Springs, CA $4,597

A family of three spends $4,761 per month in Toronto vs $6,321 in Palm Springs, CA, rent included.

Toronto $4,761
Palm Springs, CA $6,321

Toronto is about 12% cheaper than Palm Springs, CA, and outside of rent the biggest gap is in eating out.

Both Toronto and Palm Springs, CA sit above the global median – Toronto by 89%, Palm Springs, CA by 114%.

Meal at Budget Restaurant

$17.67 CA$25.19

$30.47 $30.47

-42.01%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$76.1 $76.1

1.64%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$9.87 $9.87

6.08%

Cappuccino

$4.08 CA$5.81

$5.51 $5.51

-25.95%

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

$2.12 CA$3.02

$2.88 $2.88

-26.39%

Water (0.33 liter bottle)

$1.76 CA$2.51

$1.54 $1.54

14.29%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$4.85 $4.85

27.22%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$5.70 $5.70

20.88%

Milk (1 liter)

$2.43 CA$3.46

$1.33 $1.33

82.71%

White Bread (500g)

$2.75 CA$3.92

$3.93 $3.93

-30.03%

Rice (white) (1kg)

$2.23 CA$3.18

$2.90 $2.90

-23.10%

Eggs

$3.45 CA$4.91

$5.78 $5.78

-40.31%

Local Cheese (1kg)

$8.93 CA$12.73

$14.17 $14.17

-36.98%

Chicken Fillets (1kg)

$11.44 CA$16.31

$13.76 $13.76

-16.86%

Beef Round Steak (1kg)

$14.61 CA$20.83

$12.56 $12.56

16.32%

Apples (1kg)

$3.75 CA$5.34

$5.06 $5.06

-25.89%

Banana (1kg)

$1.15 CA$1.64

$2.16 $2.16

-46.76%

Oranges (1kg)

$3.55 CA$5.06

$4.39 $4.39

-19.13%

Tomato (1kg)

$4.28 CA$6.10

$4.96 $4.96

-13.71%

Potato (1kg)

$1.85 CA$2.63

$4.60 $4.60

-59.78%

Onion (1kg)

$1.67 CA$2.38

$4.38 $4.38

-61.87%

Lettuce (1 head)

$2.22 CA$3.16

$2.20 $2.20

0.91%

Water (1.5 liter bottle)

$1.21 CA$1.72

$2.21 $2.21

-45.25%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$11.83 $11.83

17.33%

Wine (Bottle)

$14.25 CA$20.31

$13.70 $13.70

4.01%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$1.61 $1.61

36.65%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$2.68 $2.68

-9.70%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$1.72 $1.72

40.70%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$34.67 $34.67

219.41%

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$3.41 $3.41

-14.96%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$1.91 $1.91

-34.03%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$23.59 $23.59

-6.61%

Gasoline (1 liter)

$1.22 CA$1.74

$1.37 $1.37

-10.95%

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

$27.6K CA$39.4K

$33.7K $33.7K

-18.06%

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

$19.8K CA$28.3K

$25.9K $25.9K

-23.41%

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

$122 CA$174

$244 $244

-50.03%

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

$32.03 CA$45.66

$82.3 $82.3

-61.06%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$64.9 $64.9

-26.16%

Gym Membership (Monthly)

$38.90 CA$55.5

$32.30 $32.30

20.43%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

$49.52 $49.52

-53.07%

Cinema Ticket

$12.61 CA$17.97

$12.06 $12.06

4.56%

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

$834 CA$1,189

$536 $536

55.68%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$8,541 $8,541

173.25%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$31.77 $31.77

65.56%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$34.63 $34.63

16.26%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$73.3 $73.3

31.24%

Men's Leather Business Shoes

$123 CA$175

$140 $140

-12.15%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$1,831 $1,831

-12.73%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$1,519 $1,519

-5.57%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$3,700 $3,700

-28.20%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$3,215 $3,215

-34.79%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$5,072 $5,072

58.39%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$3,350 $3,350

95.74%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$4,790 $4,790

-21.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.68

-33.08%

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

Last update for Toronto: October 4, 2026

Last update for Palm Springs, CA: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Palm Springs, CA

$1.5K 51.4% 5.9% $85

Groceries & Markets

Toronto

$340 13.1%

Palm Springs, CA

$416 14.1% 22.2% $75

Eating Out

Toronto

$282 10.9%

Palm Springs, CA

$393 13.3% 39.4% $111

Monthly Utilities & Internet

Toronto

$202 7.8%

Palm Springs, CA

$391 13.2% 93.8% $189

Clothing & Footwear

Toronto

$140 5.4%

Palm Springs, CA

$126 4.3% 10.4% $15

Getting Around

Toronto

$130 5%

Palm Springs, CA

$54 1.8% 58% $75

Sport & Entertainment

Toronto

$64 2.5%

Palm Springs, CA

$56 1.9% 12% $7.7

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $1,831 in Palm Springs, CA. 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 28% higher in Palm Springs, CA, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $77.0 in Toronto versus $76.0 in Palm Springs, CA. Groceries tell a different story – $340 in Toronto vs $416 in Palm Springs, CA – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇺🇸 Palm Springs, CA

🕒 Local time

06:43 6:43 AM

03:43 3:43 AM

3 h behind Toronto

🌤 Weather

👥 Population

2,731,571

44,575

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 USD = 0.892 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 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Palm Springs, CA 3,370 km ≈ 4 h 45 min nonstop flight

From you

Toronto
Palm Springs, CA

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 Palm Springs, CA: Cost of Living - Frequently Asked Questions

Palm Springs, CA costs about 14% more than Toronto, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,795 per month in Toronto and $4,311 in Palm Springs, CA. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $2,530 in Toronto and $2,874 in Palm Springs, CA. That's a gap of about 14%.

Public transport costs about 219% less in Toronto. For daily commuters, that gap adds up to noticeable savings over a year.

$2,500 is a stretch for both – monthly costs hit $2,530 in Toronto and $2,874 in Palm Springs, CA. You'll need shared housing and careful budgeting no matter which city you pick.

For digital nomads, it depends on budget. Toronto costs $2,530 versus $2,874 in Palm Springs, CA. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

If budget matters most, go with Toronto. If higher salaries, better infrastructure, or specific career opportunities are the priority, Palm Springs, CA makes more sense. Both are solid long-term options with distinct trade-offs.