Last update: Oct 2026

Cost of Living Comparison Between Toronto and Quevedo

For one person, living is cheaper in Quevedo: $845 a month against $2,561 in Toronto, rent and utilities included – about $20,600 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
41

Cost of Living Index in Quevedo
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Quevedo Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Quevedo

🇪🇨 Ecuador

$845

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Quevedo

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

Monthly costs for one person with rent: $2,561 in Toronto versus $845 in Quevedo.

Toronto $2,561
Quevedo $845

Estimated couple costs with rent: $3,694 in Toronto versus $1,466 in Quevedo.

Toronto $3,694
Quevedo $1,466

Monthly costs for a family of three with rent: $4,826 in Toronto versus $2,086 in Quevedo.

Toronto $4,826
Quevedo $2,086

Living in Toronto is roughly 203% more expensive than in Quevedo, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Toronto is 90% above, Quevedo is 37% below.

Meal at Budget Restaurant

$17.18 CA$24.29

$5.91 $5.91

190.69%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$54.8 $54.8

38.63%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$7.57 $7.57

39.23%

Cappuccino

$4.02 CA$5.68

$3.36 $3.36

19.64%

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

$2.12 CA$3.00

$1.42 $1.42

49.30%

Water (0.33 liter bottle)

$1.75 CA$2.48

$1.11 $1.11

57.66%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$3.54 $3.54

76.27%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$6.04 $6.04

17.38%

Milk (1 liter)

$2.44 CA$3.45

$1.14 $1.14

114.04%

White Bread (500g)

$2.68 CA$3.78

$1.61 $1.61

66.46%

Rice (white) (1kg)

$2.24 CA$3.17

$1.51 $1.51

48.34%

Eggs

$3.56 CA$5.03

$2.17 $2.17

64.06%

Local Cheese (1kg)

$9.09 CA$12.85

$6.60 $6.60

37.73%

Chicken Fillets (1kg)

$11.33 CA$16.01

$5.71 $5.71

98.42%

Beef Round Steak (1kg)

$14.53 CA$20.55

$7.68 $7.68

89.19%

Apples (1kg)

$3.62 CA$5.12

$2.25 $2.25

60.89%

Banana (1kg)

$1.21 CA$1.72

$1.23 $1.23

-1.63%

Oranges (1kg)

$3.60 CA$5.09

$1.32 $1.32

172.73%

Tomato (1kg)

$4.21 CA$5.96

$1.08 $1.08

289.81%

Potato (1kg)

$1.79 CA$2.53

$1.19 $1.19

50.42%

Onion (1kg)

$1.59 CA$2.25

$1.07 $1.07

48.60%

Lettuce (1 head)

$2.27 CA$3.21

$0.87 $0.87

160.92%

Water (1.5 liter bottle)

$1.25 CA$1.77

$1.02 $1.02

22.55%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$6.13 $6.13

125.45%

Wine (Bottle)

$14.27 CA$20.18

$10.13 $10.13

40.87%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$1.57 $1.57

40.13%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$3.10 $3.10

-21.61%

One-way Ticket (Public Transport)

$2.39 CA$3.38

$0.33 $0.33

624.24%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

$17.45 $17.45

535.70%

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$1.52 $1.52

91.45%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$1.49 $1.49

-19.46%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$10.15 $10.15

110.64%

Gasoline (1 liter)

$1.21 CA$1.71

$0.85 $0.85

42.35%

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

$28.2K CA$39.8K

$21.3K $21.3K

32.36%

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

$20.3K CA$28.6K

$28.0K $28.0K

-27.78%

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

$120 CA$170

$28.93 $28.93

316.00%

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

$32.26 CA$45.60

$17.60 $17.60

83.30%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$28.80 $28.80

66.42%

Gym Membership (Monthly)

$38.48 CA$54.4

$34.05 $34.05

13.01%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

$16.89 $16.89

35.94%

Cinema Ticket

$12.38 CA$17.50

$6.44 $6.44

92.24%

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

$830 CA$1,173

$227 $227

265.60%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$8,815 $8,815

161.92%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$70.8 $70.8

-28.39%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$50.4 $50.4

-20.58%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$114 $114

-13.97%

Men's Leather Business Shoes

$121 CA$171

$108 $108

11.68%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$300 $300

431.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$192 $192

633.95%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$790 $790

238.19%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$468 $468

359.28%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

$1,113 $1,113

613.86%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

$794 $794

724.03%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

10.12

-55.83%

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

Last update for Toronto: October 12, 2026

Last update for Quevedo: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Quevedo

$192 22.7% 86.4% $1.2K

Groceries & Markets

Toronto

$340 13.3%

Quevedo

$199 23.5% 41.5% $141

Eating Out

Toronto

$278 10.9%

Quevedo

$150 17.8% 46% $128

Monthly Utilities & Internet

Toronto

$201 7.8%

Quevedo

$75 8.9% 62.4% $125

Clothing & Footwear

Toronto

$139 5.4%

Quevedo

$154 18.3% 10.9% $15

Getting Around

Toronto

$129 5.1%

Quevedo

$28 3.3% 78.6% $102

Sport & Entertainment

Toronto

$63 2.5%

Quevedo

$47 5.6% 25.8% $16

Cost Breakdown

A one-bedroom apartment in the center runs $1,592 in Toronto and $300 in Quevedo. Housing cost is often the main lever when comparing two cities.

Dining out: $76.0 in Toronto vs $55.0 in Quevedo for a mid-range dinner for two. Groceries echo the gap at $340 vs $199 per month, with Quevedo cheaper across the board.

Good to know

🇨🇦 Toronto

🇪🇨 Quevedo

🕒 Local time

18:38 6:38 PM

17:38 5:38 PM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

300,000

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 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 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 17, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Quevedo 4,970 km ≈ 7 h nonstop flight

From you

Toronto
Quevedo

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 Quevedo: Cost of Living - Frequently Asked Questions

Toronto and Quevedo differ by about 203% in total monthly costs ($2,561 vs $845 including rent). Quevedo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,841 in Toronto and $1,268 in Quevedo to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,592 in Toronto versus $300 in Quevedo. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Quevedo runs roughly 536% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $830 in Toronto versus $227 in Quevedo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $845 in Quevedo versus $2,561 in Toronto, a $2,000 budget is realistic in Quevedo but tight or insufficient in Toronto. The gap between the two cities makes Quevedo 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.

Expats usually find Quevedo gentler on the wallet – expenses run 203% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.