Last update: Oct 2026

Cost of Living Comparison Between Toronto and Ragama

For one person, living is cheaper in Ragama: $503 a month against $2,610 in Toronto, rent and utilities included – about $25,300 less a year. Rent and utilities account for most of the difference.

126

Cost of Living Index in Toronto
Learn more

Toronto Living Index
24

Cost of Living Index in Ragama
Learn more

Ragama Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,610

/mo nomad

Ragama

🇱🇰 Sri Lanka

$503

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Ragama

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

Monthly costs for one person with rent: $2,610 in Toronto versus $503 in Ragama.

Toronto $2,610
Ragama $503

Estimated couple costs with rent: $3,727 in Toronto versus $814 in Ragama.

Toronto $3,727
Ragama $814

Monthly costs for a family of three with rent: $4,844 in Toronto versus $1,125 in Ragama.

Toronto $4,844
Ragama $1,125

Living in Toronto is roughly 419% more expensive than in Ragama, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 93% above, Ragama is 63% below.

Meal at Budget Restaurant

$17.59 CA$24.87

$3.73 LKR 1,237

371.58%

Three-Course Dinner for Two, Mid-Range

$78.8 CA$111

$24.62 LKR 8,154

220.15%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.16

$7.63 LKR 2,528

40.63%

Cappuccino

$4.09 CA$5.78

$2.50 LKR 828

63.60%

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

$2.10 CA$2.97

$0.72 LKR 239

191.67%

Water (0.33 liter bottle)

$1.72 CA$2.43

$0.25 LKR 82.7

588.00%

Local Beer (0.5 liter draught)

$6.36 CA$8.99

$2.15 LKR 711

195.81%

Imported Beer (0.33 liter bottle)

$7.08 CA$10.01

$2.99 LKR 990

136.79%

Milk (1 liter)

$2.54 CA$3.59

$1.42 LKR 470

78.87%

White Bread (500g)

$2.72 CA$3.85

$0.47 LKR 155

478.72%

Rice (white) (1kg)

$2.18 CA$3.09

$0.68 LKR 226

220.59%

Eggs

$3.63 CA$5.13

$1.73 LKR 573

109.83%

Local Cheese (1kg)

$9.46 CA$13.37

$13.87 LKR 4,593

-31.80%

Chicken Fillets (1kg)

$11.54 CA$16.32

$4.74 LKR 1,571

143.46%

Beef Round Steak (1kg)

$14.37 CA$20.32

$7.33 LKR 2,428

96.04%

Apples (1kg)

$3.70 CA$5.23

$6.69 LKR 2,217

-44.69%

Banana (1kg)

$1.19 CA$1.68

$0.81 LKR 268

46.91%

Oranges (1kg)

$3.46 CA$4.90

$4.27 LKR 1,414

-18.97%

Tomato (1kg)

$4.22 CA$5.97

$1.28 LKR 423

229.69%

Potato (1kg)

$1.79 CA$2.52

$1.03 LKR 341

73.79%

Onion (1kg)

$1.65 CA$2.33

$0.77 LKR 254

114.29%

Lettuce (1 head)

$2.20 CA$3.11

$0.89 LKR 296

147.19%

Water (1.5 liter bottle)

$1.26 CA$1.78

$0.45 LKR 149

180.00%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 CA$19.75

$10.11 LKR 3,350

38.18%

Wine (Bottle)

$14.20 CA$20.07

$13.09 LKR 4,336

8.48%

Local Beer (0.5 liter bottle)

$2.25 CA$3.18

$1.97 LKR 653

14.21%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.58

$2.94 LKR 974

-13.95%

One-way Ticket (Public Transport)

$2.32 CA$3.28

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$3.06 CA$4.33

$0.37 LKR 123

727.03%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

$0.35 LKR 115

248.57%

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

$0.93 LKR 308

2232.26%

Gasoline (1 liter)

$1.21 CA$1.72

$1.38 LKR 459

-12.32%

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

$26.1K CA$37.0K

$44.6K LKR 14.8M

-41.35%

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

$21.1K CA$29.9K

$40.1K LKR 13.3M

-47.27%

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

$120 CA$169

$59.5 LKR 19.7K

100.97%

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

$32.21 CA$45.54

$4.28 LKR 1,416

652.57%

Internet (50+ Mbps, Unlimited Data)

$48.88 CA$69.1

$21.08 LKR 6,982

131.88%

Gym Membership (Monthly)

$39.34 CA$55.6

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$12.58 CA$17.79

$4.45 LKR 1,474

182.70%

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

$832 CA$1,176

$37.59 LKR 12.5K

2113.01%

International Primary School, 1 Child (Yearly)

$23.6K CA$33.4K

$1,188 LKR 393.5K

1887.37%

Jeans (Levis 501 Or Similar)

$52.3 CA$73.9

$18.21 LKR 6,030

187.10%

Summer Dress (H&M, Zara, etc)

$39.44 CA$55.8

$16.89 LKR 5,595

133.51%

Sport Shoes (Adidas, Nike)

$99.0 CA$140

$79.8 LKR 26.4K

24.06%

Men's Leather Business Shoes

$122 CA$172

$41.92 LKR 13.9K

190.82%

1-bedroom Apartment, City Center (Monthly)

$1,631 CA$2,306

1-bedroom Apartment, Outside City Center (Monthly)

$1,448 CA$2,048

3-bedroom Apartment, City Center (Monthly)

$2,737 CA$3,869

3-bedroom Apartment, Outside City Center (Monthly)

$2,129 CA$3,010

Buy Apartment in City Center (m2)

$8,206 CA$11.6K

Buy Apartment Outside City Center (m2)

$6,838 CA$9,666

Average Monthly Net Salary (After Tax)

$3,520 CA$4,976

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

12.69

-64.78%

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

Last update for Toronto: October 18, 2026

Last update for Ragama: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.5%

Ragama

- * 0% 100%

Groceries & Markets

Toronto

$343 13.1%

Ragama

$233 46.4% 32% $110

Eating Out

Toronto

$283 10.9%

Ragama

$103 20.6% 63.5% $180

Monthly Utilities & Internet

Toronto

$201 7.7%

Ragama

$85 16.9% 57.7% $116

Clothing & Footwear

Toronto

$141 5.4%

Ragama

$71 14% 49.8% $70

Getting Around

Toronto

$130 5%

Ragama

$2.1 * 0.4% 98.4% $128

Sport & Entertainment

Toronto

$65 2.5%

Ragama

$8.9 * 1.8% 86.2% $56

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

Cost Breakdown

Dining out: $79.0 in Toronto vs $25.00 in Ragama for a mid-range dinner for two. Groceries echo the gap at $343 vs $233 per month, with Ragama cheaper across the board.

Good to know

🇨🇦 Toronto

🇱🇰 Ragama

🕒 Local time

18:37 6:37 PM

04:07 4:07 AM

9 h 30 min ahead of Toronto

🌤 Weather

👥 Population

2,731,571

15,000

💱 Currency

Canadian Dollar CAD $

Sri Lankan Rupee LKR Rs

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1,000 LKR = 3.02 USD

1,000 LKR = 2.69 EUR

Exchange rates and currency converter

LKR, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 20, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Sri Lankan Rupee exchange rates as of October 20, 2026: 1 USD = 331 LKR (1,000 LKR = 3.02 USD). 1 EUR = 372 LKR (1,000 LKR = 2.69 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Ragama 14,010 km ≈ 18 h nonstop flight

From you

Toronto
Ragama

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 Ragama: Cost of Living - Frequently Asked Questions

Toronto and Ragama differ by about 419% in total monthly costs ($2,610 vs $503 including rent). Ragama is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,916 in Toronto and $754 in Ragama 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.

Childcare runs $832 in Toronto versus $37.59 in Ragama. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Ragama – a meal for two runs $25.00 versus $79.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $503 in Ragama versus $2,610 in Toronto, a $2,000 budget is realistic in Ragama but tight or insufficient in Toronto. The gap between the two cities makes Ragama 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 Ragama gentler on the wallet – expenses run 419% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.