Last update: Oct 2026

Cost of Living Comparison Between Toronto and Puerto Penasco

For one person, living is cheaper in Puerto Penasco: $1,216 a month against $2,530 in Toronto, rent and utilities included – about $15,800 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
59

Cost of Living Index in Puerto Penasco
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Puerto Penasco Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Puerto Penasco

🇲🇽 Mexico

$1,216

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Puerto Penasco

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 Puerto Penasco actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,530 in Toronto versus $1,216 in Puerto Penasco.

Toronto $2,530
Puerto Penasco $1,216

Estimated couple costs with rent: $3,646 in Toronto versus $1,963 in Puerto Penasco.

Toronto $3,646
Puerto Penasco $1,963

Monthly costs for a family of three with rent: $4,761 in Toronto versus $2,710 in Puerto Penasco.

Toronto $4,761
Puerto Penasco $2,710

Living in Toronto is roughly 108% more expensive than in Puerto Penasco, and outside of rent the biggest gap is in transport.

The two cities straddle the global median: Toronto is 89% above, Puerto Penasco is 9% below.

Meal at Budget Restaurant

$17.67 CA$25.19

$12.20 MX$224

44.84%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$44.66 MX$820

73.26%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$8.56 MX$157

22.31%

Cappuccino

$4.08 CA$5.81

$4.83 MX$88.7

-15.53%

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

$2.12 CA$3.02

$1.40 MX$25.67

51.43%

Water (0.33 liter bottle)

$1.76 CA$2.51

$1.05 MX$19.32

67.62%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$2.67 MX$49.05

131.09%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$3.95 MX$72.6

74.43%

Milk (1 liter)

$2.43 CA$3.46

$1.60 MX$29.32

51.88%

White Bread (500g)

$2.75 CA$3.92

$3.05 MX$55.9

-9.84%

Rice (white) (1kg)

$2.23 CA$3.18

$1.68 MX$30.92

32.74%

Eggs

$3.45 CA$4.91

$2.99 MX$54.8

15.38%

Local Cheese (1kg)

$8.93 CA$12.73

$4.88 MX$89.7

82.99%

Chicken Fillets (1kg)

$11.44 CA$16.31

$10.75 MX$197

6.42%

Beef Round Steak (1kg)

$14.61 CA$20.83

$9.68 MX$178

50.93%

Apples (1kg)

$3.75 CA$5.34

$4.47 MX$82.1

-16.11%

Banana (1kg)

$1.15 CA$1.64

$1.91 MX$35.06

-39.79%

Oranges (1kg)

$3.55 CA$5.06

$3.15 MX$57.8

12.70%

Tomato (1kg)

$4.28 CA$6.10

$2.11 MX$38.80

102.84%

Potato (1kg)

$1.85 CA$2.63

$1.95 MX$35.88

-5.13%

Onion (1kg)

$1.67 CA$2.38

$2.02 MX$37.14

-17.33%

Lettuce (1 head)

$2.22 CA$3.16

$1.46 MX$26.85

52.05%

Water (1.5 liter bottle)

$1.21 CA$1.72

$1.59 MX$29.19

-23.90%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$4.48 MX$82.2

209.82%

Wine (Bottle)

$14.25 CA$20.31

$13.70 MX$252

4.01%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$1.57 MX$28.91

40.13%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$1.56 MX$28.67

55.13%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$0.64 MX$11.71

278.12%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$2.25 MX$41.40

28.89%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$3.13 MX$57.5

-59.74%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$11.22 MX$206

96.35%

Gasoline (1 liter)

$1.22 CA$1.74

$1.38 MX$25.27

-11.59%

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

$27.6K CA$39.4K

$21.3K MX$391.3K

29.66%

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

$19.8K CA$28.3K

$24.4K MX$448.1K

-18.78%

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

$122 CA$174

$71.5 MX$1,314

70.37%

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

$32.03 CA$45.66

$12.60 MX$231

154.21%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$43.81 MX$804

9.38%

Gym Membership (Monthly)

$38.90 CA$55.5

$33.41 MX$613

16.43%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

$20.26 MX$372

14.71%

Cinema Ticket

$12.61 CA$17.97

$5.43 MX$99.6

132.23%

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

$834 CA$1,189

$226 MX$4,143

269.61%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$4,696 MX$86.2K

396.99%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$55.9 MX$1,026

-5.84%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$42.12 MX$773

-4.42%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$100 MX$1,839

-3.96%

Men's Leather Business Shoes

$123 CA$175

$90.6 MX$1,664

35.68%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$533 MX$9,787

199.80%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$387 MX$7,112

270.42%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$958 MX$17.6K

177.42%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$764 MX$14.0K

174.19%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$1,873 MX$34.4K

328.87%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$1,168 MX$21.4K

461.57%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$596 MX$10.9K

528.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

10.55

-57.63%

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

Last update for Toronto: October 4, 2026

Last update for Puerto Penasco: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Puerto Penasco

$387 31.9% 73% $1K

Groceries & Markets

Toronto

$340 13.1%

Puerto Penasco

$293 24.1% 13.9% $47

Eating Out

Toronto

$282 10.9%

Puerto Penasco

$212 17.5% 24.7% $70

Monthly Utilities & Internet

Toronto

$202 7.8%

Puerto Penasco

$128 10.5% 36.6% $74

Clothing & Footwear

Toronto

$140 5.4%

Puerto Penasco

$130 10.7% 7.5% $10

Getting Around

Toronto

$130 5%

Puerto Penasco

$20 * 1.7% 84.2% $109

Sport & Entertainment

Toronto

$64 2.5%

Puerto Penasco

$44 3.6% 31% $20

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,598 in Toronto and $533 in Puerto Penasco. Housing cost is often the main lever when comparing two cities.

Toronto pays 528% 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: $77.0 in Toronto vs $45.00 in Puerto Penasco for a mid-range dinner for two. Groceries echo the gap at $340 vs $293 per month, with Puerto Penasco cheaper across the board.

Good to know

🇨🇦 Toronto

🇲🇽 Puerto Penasco

🕒 Local time

08:14 8:14 AM

05:14 5:14 AM

3 h behind Toronto

🌤 Weather

👥 Population

2,731,571

56,756

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

100 MXN = 5.45 USD

100 MXN = 4.86 EUR

Exchange rates and currency converter

MXN, 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).

Mexican Peso exchange rates as of October 10, 2026: 1 USD = 18.36 MXN (100 MXN = 5.45 USD). 1 EUR = 20.57 MXN (100 MXN = 4.86 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Puerto Penasco 3,280 km ≈ 4 h 30 min nonstop flight

From you

Toronto
Puerto Penasco

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 Puerto Penasco: Cost of Living - Frequently Asked Questions

Toronto and Puerto Penasco differ by about 108% in total monthly costs ($2,530 vs $1,216 including rent). Puerto Penasco is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 528% higher in Toronto, 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: $1,598 in Toronto versus $533 in Puerto Penasco. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $834 in Toronto versus $226 in Puerto Penasco. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Puerto Penasco – a meal for two runs $45.00 versus $77.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,216 in Puerto Penasco versus $2,530 in Toronto, a $2,000 budget is realistic in Puerto Penasco but tight or insufficient in Toronto. The gap between the two cities makes Puerto Penasco 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 Puerto Penasco 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 Puerto Penasco gentler on the wallet – expenses run 108% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.