Last update: Nov 2026

Cost of Living Comparison Between Toronto and Punto Fijo

For one person, living is cheaper in Punto Fijo: $964 a month against $2,599 in Toronto, rent and utilities included – about $19,600 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Punto Fijo

🇻🇪 Venezuela

$964

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Punto Fijo

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 Punto Fijo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,599 in Toronto versus $964 in Punto Fijo.

Toronto $2,599
Punto Fijo $964

Estimated couple costs with rent: $3,700 in Toronto versus $1,689 in Punto Fijo.

Toronto $3,700
Punto Fijo $1,689

Monthly costs for a family of three with rent: $4,801 in Toronto versus $2,414 in Punto Fijo.

Toronto $4,801
Punto Fijo $2,414

Living in Toronto is roughly 170% more expensive than in Punto Fijo, and outside of rent the biggest gap is in clothing.

The two cities straddle the global median: Toronto is 92% above, Punto Fijo is 29% below.

Meal at Budget Restaurant

$17.98 CA$25.20

$15.14 VES 13.5K

18.76%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

$81.1 VES 72.4K

-10.89%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.18

Cappuccino

$4.34 CA$6.09

$2.19 VES 1,956

98.17%

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

$2.16 CA$3.03

$1.54 VES 1,379

40.26%

Water (0.33 liter bottle)

$1.66 CA$2.32

$0.68 VES 607

144.12%

Local Beer (0.5 liter draught)

$6.35 CA$8.90

$1.96 VES 1,750

223.98%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.29

$5.55 VES 4,951

32.25%

Milk (1 liter)

$2.57 CA$3.60

$2.45 VES 2,186

4.90%

White Bread (500g)

$2.71 CA$3.79

$3.02 VES 2,698

-10.26%

Rice (white) (1kg)

$2.28 CA$3.19

$3.46 VES 3,091

-34.10%

Eggs

$3.60 CA$5.05

$8.03 VES 7,165

-55.17%

Local Cheese (1kg)

$8.94 CA$12.54

$5.89 VES 5,253

51.78%

Chicken Fillets (1kg)

$11.19 CA$15.69

$5.10 VES 4,553

119.41%

Beef Round Steak (1kg)

$15.23 CA$21.34

Apples (1kg)

$3.74 CA$5.25

$7.79 VES 6,951

-51.99%

Banana (1kg)

$1.23 CA$1.72

$4.99 VES 4,452

-75.35%

Oranges (1kg)

$3.58 CA$5.02

$4.91 VES 4,385

-27.09%

Tomato (1kg)

$4.25 CA$5.96

Potato (1kg)

$1.94 CA$2.72

$6.03 VES 5,383

-67.83%

Onion (1kg)

$1.67 CA$2.34

$4.97 VES 4,439

-66.40%

Lettuce (1 head)

$2.30 CA$3.22

$2.94 VES 2,625

-21.77%

Water (1.5 liter bottle)

$1.26 CA$1.77

$1.48 VES 1,317

-14.86%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.90

Wine (Bottle)

$14.25 CA$19.97

Local Beer (0.5 liter bottle)

$2.28 CA$3.20

$2.03 VES 1,812

12.32%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.62

$4.86 VES 4,339

-46.91%

One-way Ticket (Public Transport)

$2.35 CA$3.30

$1.47 VES 1,311

59.86%

Public Transport Monthly Pass (Regular Price)

$111 CA$156

Taxi Start (Normal Tariff)

$3.01 CA$4.22

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

$6.83 VES 6,094

-82.14%

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.59

Gasoline (1 liter)

$1.23 CA$1.73

$0.48 VES 432

156.25%

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

$27.0K CA$37.8K

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

$21.8K CA$30.6K

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

$121 CA$169

$51.0 VES 45.5K

136.92%

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

$33.10 CA$46.40

$9.95 VES 8,886

232.66%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.8

$25.48 VES 22.7K

92.66%

Gym Membership (Monthly)

$36.65 CA$51.4

$39.84 VES 35.6K

-8.01%

Tennis Court (1 Hour on Weekend)

$25.01 CA$35.06

Cinema Ticket

$12.78 CA$17.91

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

$754 CA$1,058

$202 VES 180.5K

273.13%

International Primary School, 1 Child (Yearly)

$33.7K CA$47.2K

$3,594 VES 3.2M

837.43%

Jeans (Levis 501 Or Similar)

$50.4 CA$70.6

Summer Dress (H&M, Zara, etc)

$41.43 CA$58.1

Sport Shoes (Adidas, Nike)

$101 CA$142

$34.76 VES 31.0K

191.23%

Men's Leather Business Shoes

$130 CA$183

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,228

$396 VES 353.4K

301.56%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,996

$295 VES 263.4K

382.70%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,702

$796 VES 710.9K

231.65%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,930

$595 VES 531.5K

251.02%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

Buy Apartment Outside City Center (m2)

$6,892 CA$9,661

Average Monthly Net Salary (After Tax)

$3,623 CA$5,078

$202 VES 180.6K

1690.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

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

Last update for Toronto: November 2, 2026

Last update for Punto Fijo: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Punto Fijo

–

Groceries & Markets

Toronto

$345 13.3%

Punto Fijo

–

Eating Out

Toronto

$290 11.2%

Punto Fijo

–

Monthly Utilities & Internet

Toronto

$203 7.8%

Punto Fijo

–

Clothing & Footwear

Toronto

$145 5.6%

Punto Fijo

–

Getting Around

Toronto

$130 5%

Punto Fijo

–

Sport & Entertainment

Toronto

$62 2.4%

Punto Fijo

–

Cost Breakdown

A one-bedroom apartment in the center runs $1,590 in Toronto and $396 in Punto Fijo. Housing cost is often the main lever when comparing two cities.

Toronto pays about 18 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Toronto vs $81 in Punto Fijo. Groceries flip the comparison at $345 vs $310, with Punto Fijo cheaper for home cooking.

Good to know

🇨🇦 Toronto

🇻🇪 Punto Fijo

🕒 Local time

06:07 6:07 AM

07:07 7:07 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

277,017

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

10,000 VES = 11.2 USD

10,000 VES = 9.97 EUR

Exchange rates and currency converter

VES, 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).

Venezuelan Bolívar exchange rates as of November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,003 VES (10,000 VES = 9.97 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Punto Fijo 3,660 km ≈ 5 h nonstop flight

From you

Toronto
Punto Fijo

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 Punto Fijo: Cost of Living - Frequently Asked Questions

Punto Fijo wins on cost – living expenses run 63% lower than in Toronto. Housing and daily spending are where you’ll feel the difference most, making Punto Fijo the obvious pick if budget is a priority.

Average pay in Toronto is about 18 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 $396 in Punto Fijo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $754 in Toronto versus $202 in Punto Fijo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Toronto – a meal for two runs $72 versus $81 in Punto Fijo. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $800. Punto Fijo 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 – Punto Fijo wins on affordability, Toronto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.