Last update: Oct 2026

Cost of Living Comparison Between Toronto and Parker, CO

For one person, living costs are similar in Toronto and in Parker, CO: $2,589 and $2,615 a month, rent and utilities included.

125

Cost of Living Index in Toronto
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Toronto Living Index
125

Cost of Living Index in Parker, CO
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Parker, CO Living Index

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Toronto

🇨🇦 Canada

$2,589

/mo nomad

Parker, CO

🇺🇸 United States

$2,615

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Parker, CO

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 Parker, CO actually costs, broken down by who's living it.

A single person spends $2,589 per month in Toronto vs $2,615 in Parker, CO, rent included.

Toronto $2,589
Parker, CO $2,615

A couple spends around $3,710 per month in Toronto vs $3,880 in Parker, CO, rent included.

Toronto $3,710
Parker, CO $3,880

A family of three spends $4,831 per month in Toronto vs $5,144 in Parker, CO, rent included.

Toronto $4,831
Parker, CO $5,144

Toronto and Parker, CO have comparable living costs – the differences are in the details.

Both Toronto and Parker, CO sit above the global median – Toronto by 90%, Parker, CO by 92%.

Meal at Budget Restaurant

$17.60 CA$24.70

$20.03 $20.03

-12.13%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$79.0 $79.0

-1.52%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.86

$11.08 $11.08

-4.42%

Cappuccino

$4.16 CA$5.83

$5.75 $5.75

-27.65%

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

$2.04 CA$2.87

$2.53 $2.53

-19.37%

Water (0.33 liter bottle)

$1.75 CA$2.46

$2.06 $2.06

-15.05%

Local Beer (0.5 liter draught)

$6.58 CA$9.23

$5.92 $5.92

11.15%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.98

$7.05 $7.05

0.85%

Milk (1 liter)

$2.53 CA$3.56

$0.88 $0.88

187.50%

White Bread (500g)

$2.70 CA$3.79

$2.92 $2.92

-7.53%

Rice (white) (1kg)

$2.24 CA$3.14

$2.78 $2.78

-19.42%

Eggs

$3.48 CA$4.89

$4.33 $4.33

-19.63%

Local Cheese (1kg)

$9.38 CA$13.16

$8.62 $8.62

8.82%

Chicken Fillets (1kg)

$11.60 CA$16.28

$9.52 $9.52

21.85%

Beef Round Steak (1kg)

$14.68 CA$20.61

$15.37 $15.37

-4.49%

Apples (1kg)

$3.74 CA$5.26

$4.84 $4.84

-22.73%

Banana (1kg)

$1.22 CA$1.72

$1.24 $1.24

-1.61%

Oranges (1kg)

$3.48 CA$4.88

$4.66 $4.66

-25.32%

Tomato (1kg)

$4.32 CA$6.07

$5.31 $5.31

-18.64%

Potato (1kg)

$1.85 CA$2.60

$1.60 $1.60

15.63%

Onion (1kg)

$1.69 CA$2.37

$2.38 $2.38

-28.99%

Lettuce (1 head)

$2.23 CA$3.13

$1.93 $1.93

15.54%

Water (1.5 liter bottle)

$1.28 CA$1.79

$1.71 $1.71

-25.15%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.71

$10.32 $10.32

36.05%

Wine (Bottle)

$14.43 CA$20.25

$15.02 $15.02

-3.93%

Local Beer (0.5 liter bottle)

$2.16 CA$3.03

$2.52 $2.52

-14.29%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.54

$2.61 $2.61

-3.45%

One-way Ticket (Public Transport)

$2.37 CA$3.32

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$3.04 CA$4.27

$2.44 $2.44

24.59%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.74

$1.83 $1.83

-32.24%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.65

$24.58 $24.58

-8.26%

Gasoline (1 liter)

$1.24 CA$1.75

$0.85 $0.85

45.88%

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

$26.9K CA$37.8K

$28.5K $28.5K

-5.61%

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

$21.4K CA$30.0K

$25.3K $25.3K

-15.55%

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

$125 CA$175

$215 $215

-42.01%

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

$33.05 CA$46.39

$56.9 $56.9

-41.96%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.3

$70.3 $70.3

-31.76%

Gym Membership (Monthly)

$36.69 CA$51.5

$64.1 $64.1

-42.76%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

Cinema Ticket

$13.08 CA$18.35

$10.80 $10.80

21.11%

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

$759 CA$1,065

$1,111 $1,111

-31.68%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.4K

$12.6K $12.6K

89.20%

Jeans (Levis 501 Or Similar)

$53.5 CA$75.1

$58.4 $58.4

-8.27%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.8

$40.31 $40.31

0.32%

Sport Shoes (Adidas, Nike)

$100 CA$141

$79.9 $79.9

25.73%

Men's Leather Business Shoes

$125 CA$176

$115 $115

8.54%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,287

$1,599 $1,599

1.91%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,987

$1,370 $1,370

3.33%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,781

$2,662 $2,662

1.20%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,949

$2,407 $2,407

-12.70%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

$3,474 $3,474

117.38%

Buy Apartment Outside City Center (m2)

$6,674 CA$9,366

$3,104 $3,104

115.03%

Average Monthly Net Salary (After Tax)

$3,543 CA$4,973

$6,415 $6,415

-44.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

6.38

-30.25%

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

Last update for Toronto: October 26, 2026

Last update for Parker, CO: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Parker, CO

$1.4K 52.4% 3.2% $46

Groceries & Markets

Toronto

$345 13.3%

Parker, CO

$348 13.3% 1% $3.6

Eating Out

Toronto

$285 11%

Parker, CO

$325 12.4% 14% $40

Monthly Utilities & Internet

Toronto

$206 7.9%

Parker, CO

$342 13.1% 66.4% $136

Clothing & Footwear

Toronto

$144 5.6%

Parker, CO

$132 5.1% 8% $12

Getting Around

Toronto

$131 5.1%

Parker, CO

$12 * 0.4% 91.2% $120

Sport & Entertainment

Toronto

$63 2.4%

Parker, CO

$86 3.3% 36.4% $23

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,630 in Toronto versus $1,599 in Parker, CO. 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 81% higher in Parker, CO. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $78 in Toronto versus $79 in Parker, CO. Monthly groceries follow the same trend: $345 vs $348 – making Toronto the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Parker, CO

🕒 Local time

17:00 5:00 PM

15:00 3:00 PM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

49,550

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 USD = 0.898 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 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.56 CAD (1 CAD = 0.64 EUR).

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Parker, CO 2,150 km ≈ 3 h 15 min nonstop flight

From you

Toronto
Parker, CO

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 Parker, CO: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $3,883 per month in Toronto and $3,922 in Parker, CO. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,630 in Toronto and $1,599 in Parker, CO. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

$2,500 is a stretch for both – monthly costs hit $2,589 in Toronto and $2,615 in Parker, CO. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Parker, CO has an edge in some lifestyle areas, with costs from $2,589 in Toronto to $2,615 in Parker, CO. Climate, culture, job market, and personal taste all factor in.

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