Last update: Oct 2026

Cost of Living Comparison Between Toronto and Reno, NV

For one person, living is cheaper in Toronto: $2,530 a month against $2,930 in Reno, NV, rent and utilities included – about $4,800 less a year. Other living expenses account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
140

Cost of Living Index in Reno, NV
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Reno, NV Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Reno, NV

🇺🇸 United States

$2,930

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Reno, NV

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

Monthly costs for one person with rent: $2,530 in Toronto versus $2,930 in Reno, NV.

Toronto $2,530
Reno, NV $2,930

Estimated couple costs with rent: $3,646 in Toronto versus $4,241 in Reno, NV.

Toronto $3,646
Reno, NV $4,241

Monthly costs for a family of three with rent: $4,761 in Toronto versus $5,553 in Reno, NV.

Toronto $4,761
Reno, NV $5,553

Living in Toronto costs roughly 14% less than in Reno, NV, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Toronto 89% above, Reno, NV 119% above.

Meal at Budget Restaurant

$17.67 CA$25.19

$26.40 $26.40

-33.07%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$86.4 $86.4

-10.47%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$12.75 $12.75

-17.88%

Cappuccino

$4.08 CA$5.81

$5.36 $5.36

-23.88%

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

$2.12 CA$3.02

$2.74 $2.74

-22.63%

Water (0.33 liter bottle)

$1.76 CA$2.51

$1.98 $1.98

-11.11%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$7.35 $7.35

-16.05%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$7.48 $7.48

-7.89%

Milk (1 liter)

$2.43 CA$3.46

$1.11 $1.11

118.92%

White Bread (500g)

$2.75 CA$3.92

$4.00 $4.00

-31.25%

Rice (white) (1kg)

$2.23 CA$3.18

$4.04 $4.04

-44.80%

Eggs

$3.45 CA$4.91

$5.44 $5.44

-36.58%

Local Cheese (1kg)

$8.93 CA$12.73

$11.49 $11.49

-22.28%

Chicken Fillets (1kg)

$11.44 CA$16.31

$16.34 $16.34

-29.99%

Beef Round Steak (1kg)

$14.61 CA$20.83

$23.48 $23.48

-37.78%

Apples (1kg)

$3.75 CA$5.34

$4.51 $4.51

-16.85%

Banana (1kg)

$1.15 CA$1.64

$1.42 $1.42

-19.01%

Oranges (1kg)

$3.55 CA$5.06

$3.02 $3.02

17.55%

Tomato (1kg)

$4.28 CA$6.10

$6.89 $6.89

-37.88%

Potato (1kg)

$1.85 CA$2.63

$2.95 $2.95

-37.29%

Onion (1kg)

$1.67 CA$2.38

$3.80 $3.80

-56.05%

Lettuce (1 head)

$2.22 CA$3.16

$2.67 $2.67

-16.85%

Water (1.5 liter bottle)

$1.21 CA$1.72

$2.24 $2.24

-45.98%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$10.11 $10.11

37.29%

Wine (Bottle)

$14.25 CA$20.31

$12.77 $12.77

11.59%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$1.98 $1.98

11.11%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$3.64 $3.64

-33.52%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$1.98 $1.98

22.22%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$64.2 $64.2

72.41%

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$3.75 $3.75

-22.67%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$2.57 $2.57

-50.97%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$33.63 $33.63

-34.49%

Gasoline (1 liter)

$1.22 CA$1.74

$1.28 $1.28

-4.69%

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

$27.6K CA$39.4K

$37.8K $37.8K

-26.98%

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

$19.8K CA$28.3K

$25.7K $25.7K

-22.91%

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

$122 CA$174

$178 $178

-31.47%

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

$32.03 CA$45.66

$96.7 $96.7

-66.86%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$90.2 $90.2

-46.87%

Gym Membership (Monthly)

$38.90 CA$55.5

$39.79 $39.79

-2.24%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

$15.57 $15.57

49.26%

Cinema Ticket

$12.61 CA$17.97

$14.23 $14.23

-11.38%

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

$834 CA$1,189

$1,353 $1,353

-38.34%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$27.4K $27.4K

-14.76%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$52.5 $52.5

0.15%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$33.49 $33.49

20.21%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$75.0 $75.0

28.23%

Men's Leather Business Shoes

$123 CA$175

$146 $146

-15.82%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$1,907 $1,907

-16.18%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$1,413 $1,413

1.55%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$3,141 $3,141

-15.42%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$2,137 $2,137

-1.92%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$3,391 $3,391

136.90%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$3,633 $3,633

80.52%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$4,255 $4,255

-12.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.82

-34.46%

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

Last update for Toronto: October 4, 2026

Last update for Reno, NV: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Reno, NV

$1.4K 48.6% 1.5% $22

Groceries & Markets

Toronto

$340 13.1%

Reno, NV

$450 15.5% 32.2% $110

Eating Out

Toronto

$282 10.9%

Reno, NV

$384 13.2% 36.4% $102

Monthly Utilities & Internet

Toronto

$202 7.8%

Reno, NV

$365 12.6% 80.7% $163

Clothing & Footwear

Toronto

$140 5.4%

Reno, NV

$138 4.8% 1.6% $2.2

Getting Around

Toronto

$130 5%

Reno, NV

$89 3.1% 31.5% $41

Sport & Entertainment

Toronto

$64 2.5%

Reno, NV

$68 2.4% 6.4% $4.1

Cost Breakdown

A one-bedroom apartment in the center runs $1,598 in Toronto and $1,907 in Reno, NV. Housing cost is often the main lever when comparing two cities.

Reno, NV pays 14% 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 $86.0 in Reno, NV for a mid-range dinner for two. Groceries echo the gap at $340 vs $450 per month, with Toronto cheaper across the board.

Good to know

🇨🇦 Toronto

🇺🇸 Reno, NV

🕒 Local time

01:27 1:27 AM

22:27 10:27 PM

3 h behind Toronto

🌤 Weather

👥 Population

2,731,571

271,953

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 USD = 0.892 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 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to CAD in detail →

On the map

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Highest

Between locations

Toronto Reno, NV 3,360 km ≈ 4 h 45 min nonstop flight

From you

Toronto
Reno, NV

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 Reno, NV: Cost of Living - Frequently Asked Questions

Toronto is cheaper overall, especially in groceries, eating out, and utilities. The 16% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 14% lower in Reno, NV. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,598 in Toronto versus $1,907 in Reno, NV. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,530 per month in Toronto versus $2,930 in Reno, NV – a 16% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Toronto runs roughly 72% less than in Reno, NV. Both cities have functional networks, but the price difference matters if you're watching your budget.

Both cities are expensive relative to $2,500. Toronto 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.

Expats usually find Toronto gentler on the wallet – expenses run 16% less than in Reno, NV. Beyond cost, consider language, visa policies, and how big the international community is in each city.