Last update: Nov 2026

Cost of Living Comparison Between Toronto and Port of Spain

For one person, living is cheaper in Port of Spain: $1,569 a month against $2,599 in Toronto, rent and utilities included – about $12,400 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
76

Cost of Living Index in Port of Spain
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Port of Spain Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Port of Spain

🇹🇹 Trinidad And Tobago

$1,569

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Port of Spain

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 Port of Spain actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,599 in Toronto versus $1,569 in Port of Spain.

Toronto $2,599
Port of Spain $1,569

Estimated couple costs with rent: $3,700 in Toronto versus $2,679 in Port of Spain.

Toronto $3,700
Port of Spain $2,679

Monthly costs for a family of three with rent: $4,801 in Toronto versus $3,789 in Port of Spain.

Toronto $4,801
Port of Spain $3,789

Living in Toronto is roughly 66% more expensive than in Port of Spain, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Toronto 92% above, Port of Spain 16% above.

Meal at Budget Restaurant

$17.98 CA$25.20

$10.19 TTD 67.7

76.45%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

$88.8 TTD 590

-18.61%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.18

$8.92 TTD 59.3

21.41%

Cappuccino

$4.34 CA$6.09

$3.77 TTD 25.06

15.12%

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

$2.16 CA$3.03

$1.04 TTD 6.90

107.69%

Water (0.33 liter bottle)

$1.66 CA$2.32

$0.75 TTD 5.00

121.33%

Local Beer (0.5 liter draught)

$6.35 CA$8.90

$2.19 TTD 14.56

189.95%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.29

$3.73 TTD 24.79

96.78%

Milk (1 liter)

$2.57 CA$3.60

$2.41 TTD 16.00

6.64%

White Bread (500g)

$2.71 CA$3.79

$2.50 TTD 16.61

8.40%

Rice (white) (1kg)

$2.28 CA$3.19

$2.91 TTD 19.33

-21.65%

Eggs

$3.60 CA$5.05

$4.35 TTD 28.90

-17.24%

Local Cheese (1kg)

$8.94 CA$12.54

$6.52 TTD 43.33

37.12%

Chicken Fillets (1kg)

$11.19 CA$15.69

$10.28 TTD 68.3

8.85%

Beef Round Steak (1kg)

$15.23 CA$21.34

$11.61 TTD 77.1

31.18%

Apples (1kg)

$3.74 CA$5.25

$5.48 TTD 36.39

-31.75%

Banana (1kg)

$1.23 CA$1.72

$3.11 TTD 20.66

-60.45%

Oranges (1kg)

$3.58 CA$5.02

$3.74 TTD 24.82

-4.28%

Tomato (1kg)

$4.25 CA$5.96

$4.18 TTD 27.75

1.67%

Potato (1kg)

$1.94 CA$2.72

$2.19 TTD 14.56

-11.42%

Onion (1kg)

$1.67 CA$2.34

$1.94 TTD 12.90

-13.92%

Lettuce (1 head)

$2.30 CA$3.22

$1.81 TTD 12.05

27.07%

Water (1.5 liter bottle)

$1.26 CA$1.77

$1.37 TTD 9.08

-8.03%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.90

$5.78 TTD 38.40

145.50%

Wine (Bottle)

$14.25 CA$19.97

$19.26 TTD 128

-26.01%

Local Beer (0.5 liter bottle)

$2.28 CA$3.20

$2.32 TTD 15.44

-1.72%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.62

$3.05 TTD 20.25

-15.41%

One-way Ticket (Public Transport)

$2.35 CA$3.30

$1.35 TTD 8.95

74.07%

Public Transport Monthly Pass (Regular Price)

$111 CA$156

$75.4 TTD 501

47.17%

Taxi Start (Normal Tariff)

$3.01 CA$4.22

$1.01 TTD 6.73

198.02%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

$1.45 TTD 9.65

-15.86%

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.59

$22.04 TTD 146

-1.00%

Gasoline (1 liter)

$1.23 CA$1.73

$1.16 TTD 7.71

6.03%

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

$27.0K CA$37.8K

$36.8K TTD 244.3K

-26.71%

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

$21.8K CA$30.6K

$40.7K TTD 270.4K

-46.35%

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

$121 CA$169

$90.8 TTD 603

33.06%

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

$33.10 CA$46.40

$52.7 TTD 350

-37.23%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.8

$57.5 TTD 382

-14.63%

Gym Membership (Monthly)

$36.65 CA$51.4

$56.2 TTD 373

-34.74%

Tennis Court (1 Hour on Weekend)

$25.01 CA$35.06

$12.59 TTD 83.6

98.65%

Cinema Ticket

$12.78 CA$17.91

$8.66 TTD 57.5

47.58%

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

$754 CA$1,058

$392 TTD 2,606

92.30%

International Primary School, 1 Child (Yearly)

$33.7K CA$47.2K

$16.3K TTD 108.2K

106.87%

Jeans (Levis 501 Or Similar)

$50.4 CA$70.6

$54.5 TTD 362

-7.61%

Summer Dress (H&M, Zara, etc)

$41.43 CA$58.1

$51.1 TTD 340

-18.97%

Sport Shoes (Adidas, Nike)

$101 CA$142

$144 TTD 959

-29.91%

Men's Leather Business Shoes

$130 CA$183

$104 TTD 691

25.22%

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,228

$1,031 TTD 6,848

54.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,996

$511 TTD 3,396

178.58%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,702

$2,179 TTD 14.5K

21.19%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,930

$1,222 TTD 8,115

71.07%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

$4,471 TTD 29.7K

72.89%

Buy Apartment Outside City Center (m2)

$6,892 CA$9,661

$2,068 TTD 13.7K

233.26%

Average Monthly Net Salary (After Tax)

$3,623 CA$5,078

$764 TTD 5,072

374.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

5.75

-22.61%

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

Last update for Toronto: November 2, 2026

Last update for Port of Spain: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Port of Spain

$511 32.6% 64.1% $913

Groceries & Markets

Toronto

$345 13.3%

Port of Spain

$356 22.7% 3.3% $11

Eating Out

Toronto

$290 11.2%

Port of Spain

$179 11.4% 38.3% $111

Monthly Utilities & Internet

Toronto

$203 7.8%

Port of Spain

$201 12.8% 1% $2

Clothing & Footwear

Toronto

$145 5.6%

Port of Spain

$159 10.2% 9.5% $14

Getting Around

Toronto

$130 5%

Port of Spain

$89 5.7% 31.2% $40

Sport & Entertainment

Toronto

$62 2.4%

Port of Spain

$73 4.7% 18.1% $11

Cost Breakdown

A one-bedroom apartment in the center runs $1,590 in Toronto and $1,031 in Port of Spain. Housing cost is often the main lever when comparing two cities.

Toronto pays about 4.7 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Toronto vs $89 in Port of Spain for a mid-range dinner for two. Groceries echo the gap at $345 vs $356 per month, with Toronto cheaper across the board.

Good to know

🇨🇦 Toronto

🇹🇹 Port of Spain

🕒 Local time

10:35 10:35 AM

11:35 11:35 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

37,074 Capital

💱 Currency

Canadian Dollar CAD $

Trinidad and Tobago Dollar TTD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

1 TTD = 0.151 USD

1 TTD = 0.134 EUR

Exchange rates and currency converter

TTD, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

Trinidad and Tobago Dollar exchange rates as of November 6, 2026: 1 USD = 6.64 TTD (1 TTD = 0.151 USD). 1 EUR = 7.46 TTD (1 TTD = 0.134 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Port of Spain 4,050 km ≈ 6 h nonstop flight

From you

Toronto
Port of Spain

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 Port of Spain: Cost of Living - Frequently Asked Questions

Port of Spain is about 40% cheaper overall, especially in eating out and transport. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Toronto is about 4.7 times higher, 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: $1,590 in Toronto versus $1,031 in Port of Spain. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,599 per month in Toronto versus $1,569 in Port of Spain – Port of Spain is about 40% cheaper, which adds up to real savings over time.

A monthly transit pass in Port of Spain runs roughly 32% less than in Toronto. The price difference matters if you commute daily and watch your budget.

Both cities are expensive relative to $1,500. Port of Spain is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

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.

It comes down to priorities – Port of Spain wins on affordability, Toronto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.