Last update: Oct 2026

Cost of Living Comparison Between Toronto and Santa Fe, NM

For one person, living is cheaper in Toronto: $2,530 a month against $2,916 in Santa Fe, NM, rent and utilities included – about $4,600 less a year. Higher rent and utilities in Santa Fe, NM outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
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Toronto Living Index
142

Cost of Living Index in Santa Fe, NM
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Santa Fe, NM Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Santa Fe, NM

🇺🇸 United States

$2,916

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Santa Fe, NM

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 Santa Fe, NM actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,530 in Toronto versus $2,916 in Santa Fe, NM.

Toronto $2,530
Santa Fe, NM $2,916

Estimated couple costs with rent: $3,646 in Toronto versus $3,885 in Santa Fe, NM.

Toronto $3,646
Santa Fe, NM $3,885

Monthly costs for a family of three with rent: $4,761 in Toronto versus $4,854 in Santa Fe, NM.

Toronto $4,761
Santa Fe, NM $4,854

Living in Toronto costs roughly 13% less than in Santa Fe, NM, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Toronto 89% above, Santa Fe, NM 118% above.

Meal at Budget Restaurant

$17.67 CA$25.19

$16.87 $16.87

4.74%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$69.1 $69.1

11.95%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$10.05 $10.05

4.18%

Cappuccino

$4.08 CA$5.82

$4.91 $4.91

-16.90%

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

$2.12 CA$3.02

$2.94 $2.94

-27.89%

Water (0.33 liter bottle)

$1.76 CA$2.51

$2.33 $2.33

-24.46%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$5.91 $5.91

4.40%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.83

$6.91 $6.91

-0.29%

Milk (1 liter)

$2.43 CA$3.47

$0.92 $0.92

164.13%

White Bread (500g)

$2.75 CA$3.92

$3.25 $3.25

-15.38%

Rice (white) (1kg)

$2.23 CA$3.18

$4.40 $4.40

-49.32%

Eggs

$3.45 CA$4.91

$4.31 $4.31

-19.95%

Local Cheese (1kg)

$8.93 CA$12.74

$11.88 $11.88

-24.83%

Chicken Fillets (1kg)

$11.44 CA$16.31

$9.42 $9.42

21.44%

Beef Round Steak (1kg)

$14.61 CA$20.83

$16.87 $16.87

-13.40%

Apples (1kg)

$3.75 CA$5.34

$4.74 $4.74

-20.89%

Banana (1kg)

$1.15 CA$1.64

$1.47 $1.47

-21.77%

Oranges (1kg)

$3.55 CA$5.06

$3.95 $3.95

-10.13%

Tomato (1kg)

$4.28 CA$6.11

$4.27 $4.27

0.23%

Potato (1kg)

$1.85 CA$2.63

$3.10 $3.10

-40.32%

Onion (1kg)

$1.67 CA$2.38

$2.05 $2.05

-18.54%

Lettuce (1 head)

$2.22 CA$3.16

$1.95 $1.95

13.85%

Water (1.5 liter bottle)

$1.21 CA$1.72

$2.56 $2.56

-52.73%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.79

$10.37 $10.37

33.85%

Wine (Bottle)

$14.25 CA$20.32

$15.89 $15.89

-10.32%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$2.04 $2.04

7.84%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$3.65 $3.65

-33.70%

One-way Ticket (Public Transport)

$2.42 CA$3.45

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$3.54 $3.54

-18.08%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$2.03 $2.03

-37.93%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.41

$32.54 $32.54

-32.30%

Gasoline (1 liter)

$1.22 CA$1.74

$0.96 $0.96

27.08%

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

$27.6K CA$39.4K

$31.0K $31.0K

-10.82%

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

$19.8K CA$28.3K

$24.8K $24.8K

-19.96%

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

$122 CA$174

$158 $158

-22.81%

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

$32.03 CA$45.67

$44.76 $44.76

-28.44%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$73.8 $73.8

-35.03%

Gym Membership (Monthly)

$38.90 CA$55.5

$87.9 $87.9

-55.75%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.13

Cinema Ticket

$12.61 CA$17.98

$13.17 $13.17

-4.25%

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

$834 CA$1,189

$1,326 $1,326

-37.11%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$15.2K $15.2K

54.04%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$54.5 $54.5

-3.56%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$43.46 $43.46

-7.36%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$78.9 $78.9

21.97%

Men's Leather Business Shoes

$123 CA$175

$120 $120

2.16%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,279

$2,307 $2,307

-30.73%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,046

$1,700 $1,700

-15.60%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,788

$3,584 $3,584

-25.87%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,989

$2,241 $2,241

-6.46%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$6,631 $6,631

21.14%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,350

$4,202 $4,202

56.07%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,337

$3,757 $3,757

-0.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.57

-31.96%

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

Last update for Toronto: October 4, 2026

Last update for Santa Fe, NM: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Santa Fe, NM

$1.7K 58.5% 18.5% $265

Groceries & Markets

Toronto

$340 13.1%

Santa Fe, NM

$381 13.1% 11.9% $41

Eating Out

Toronto

$282 10.9%

Santa Fe, NM

$289 9.9% 2.4% $6.6

Monthly Utilities & Internet

Toronto

$202 7.8%

Santa Fe, NM

$276 9.5% 36.9% $75

Clothing & Footwear

Toronto

$140 5.4%

Santa Fe, NM

$134 4.6% 4.7% $6.7

Getting Around

Toronto

$130 5%

Santa Fe, NM

$14 * 0.5% 89.4% $116

Sport & Entertainment

Toronto

$64 2.5%

Santa Fe, NM

$114 3.9% 78.2% $50

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 $2,307 in Santa Fe, NM. Housing cost is often the main lever when comparing two cities.

Santa Fe, NM pays 0% 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 $69.0 in Santa Fe, NM. Groceries flip the comparison at $340 vs $381, with Toronto cheaper for home cooking.

Good to know

🇨🇦 Toronto

🇺🇸 Santa Fe, NM

🕒 Local time

00:46 12:46 AM

22:46 10:46 PM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

87,505

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.701 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 12, 2026: 1 USD = 1.43 CAD (1 CAD = 0.701 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

United States Dollar exchange rates as of October 12, 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 Santa Fe, NM 2,430 km ≈ 3 h 30 min nonstop flight

From you

Toronto
Santa Fe, NM

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 Santa Fe, NM: Cost of Living - Frequently Asked Questions

Toronto wins on cost – living expenses run 15% lower than in Santa Fe, NM. Housing and daily spending are where you'll feel the difference most, making Toronto the obvious pick if budget is a priority.

On paper, salaries run 0% lower in Santa Fe, NM. 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 $2,307 in Santa Fe, NM. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $834 in Toronto versus $1,326 in Santa Fe, NM. 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 $77.0 versus $69.0 in Santa Fe, NM. If you eat out regularly, this makes a real dent in your monthly spending.

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 15% less than in Santa Fe, NM. Beyond cost, consider language, visa policies, and how big the international community is in each city.