Last update: Oct 2026

Cost of Living Comparison Between Toronto and Serov

For one person, living is cheaper in Serov: $1,074 a month against $2,610 in Toronto, rent and utilities included – about $18,400 less a year. Rent and utilities account for most of the difference.

Toronto
🇨🇦 Canada
$2,610
/mo nomad
Serov
🇷🇺 Russia
$1,074
/mo nomad
Monthly Cost of Living

How much you'll spend in Toronto and in Serov

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

Monthly costs for one person with rent: $2,610 in Toronto versus $1,074 in Serov.

  • Toronto $2,610
  • Serov $1,074

Estimated couple costs with rent: $3,727 in Toronto versus $1,647 in Serov.

  • Toronto $3,727
  • Serov $1,647

Monthly costs for a family of three with rent: $4,844 in Toronto versus $2,219 in Serov.

  • Toronto $4,844
  • Serov $2,219

Living in Toronto is roughly 143% more expensive than in Serov, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 93% above, Serov is 21% below.

Currency
🍽 Eating Out
Toronto
Serov
Difference
Meal at Budget Restaurant
$17.59 CA$24.87
$9.76 ₽814
80.23%
Three-Course Dinner for Two, Mid-Range
$78.8 CA$111
$34.37 ₽2,869
129.33%
Fast Food Meal (McDonalds, etc)
$10.73 CA$15.16
$5.89 ₽492
82.17%
Cappuccino
$4.09 CA$5.78
$2.53 ₽211
61.66%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.10 CA$2.97
$1.02 ₽85.0
105.88%
Water (0.33 liter bottle)
$1.72 CA$2.43
$0.61 ₽50.8
181.97%
Local Beer (0.5 liter draught)
$6.36 CA$8.99
$1.93 ₽161
229.53%
Imported Beer (0.33 liter bottle)
$7.08 CA$10.01
$3.07 ₽256
130.62%
🛒 Groceries & Markets
Toronto
Serov
Difference
Milk (1 liter)
$2.54 CA$3.59
$1.30 ₽109
95.38%
White Bread (500g)
$2.72 CA$3.85
$0.78 ₽65.2
248.72%
Rice (white) (1kg)
$2.18 CA$3.09
$1.23 ₽103
77.24%
Eggs
$3.63 CA$5.13
$1.63 ₽136
122.70%
Local Cheese (1kg)
$9.46 CA$13.37
$12.63 ₽1,054
-25.10%
Chicken Fillets (1kg)
$11.54 CA$16.32
$5.03 ₽420
129.42%
Beef Round Steak (1kg)
$14.37 CA$20.32
$10.31 ₽860
39.38%
Apples (1kg)
$3.70 CA$5.23
$1.87 ₽156
97.86%
Banana (1kg)
$1.19 CA$1.68
$1.79 ₽149
-33.52%
Oranges (1kg)
$3.46 CA$4.90
$1.81 ₽151
91.16%
Tomato (1kg)
$4.22 CA$5.97
$3.12 ₽260
35.26%
Potato (1kg)
$1.79 CA$2.52
$0.73 ₽60.5
145.21%
Onion (1kg)
$1.65 CA$2.33
$0.56 ₽46.63
194.64%
Lettuce (1 head)
$2.20 CA$3.11
$1.35 ₽113
62.96%
Water (1.5 liter bottle)
$1.26 CA$1.78
$0.71 ₽58.9
77.46%
Cigarettes 20 Pack (Marlboro, Camel)
$13.97 CA$19.75
$3.26 ₽272
328.53%
Wine (Bottle)
$14.20 CA$20.07
$7.56 ₽631
87.83%
Local Beer (0.5 liter bottle)
$2.25 CA$3.18
$1.03 ₽85.9
118.45%
Imported Beer (0.33 liter bottle)
$2.53 CA$3.58
$1.74 ₽145
45.40%
🚌 Getting Around
Toronto
Serov
Difference
One-way Ticket (Public Transport)
$2.32 CA$3.28
$0.62 ₽51.6
274.19%
Public Transport Monthly Pass (Regular Price)
$112 CA$158
-
-
Taxi Start (Normal Tariff)
$3.06 CA$4.33
$2.74 ₽229
11.68%
Taxi (Normal Tariff) (1km)
$1.22 CA$1.72
$0.40 ₽33.28
205.00%
Taxi 1hour Waiting (Normal Tariff)
$21.69 CA$30.66
$5.15 ₽430
321.17%
Gasoline (1 liter)
$1.21 CA$1.72
$0.72 ₽60.1
68.06%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.1K CA$37.0K
$55.9K ₽4.7M
-53.22%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.1K CA$29.9K
$44.7K ₽3.7M
-52.73%
🧾 Monthly Utilities & Internet
Toronto
Serov
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$120 CA$169
$124 ₽10.4K
-3.56%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.21 CA$45.54
$5.67 ₽473
468.08%
Internet (50+ Mbps, Unlimited Data)
$48.88 CA$69.1
$7.30 ₽609
569.59%
🎉 Sport & Entertainment
Toronto
Serov
Difference
Gym Membership (Monthly)
$39.34 CA$55.6
$36.44 ₽3,041
7.96%
Tennis Court (1 Hour on Weekend)
$23.58 CA$33.34
$24.15 ₽2,016
-2.36%
Cinema Ticket
$12.58 CA$17.79
$6.97 ₽582
80.49%
🧸 Childcare & Education
Toronto
Serov
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$832 CA$1,176
$371 ₽30.9K
124.34%
International Primary School, 1 Child (Yearly)
$23.6K CA$33.4K
$6,911 ₽576.8K
241.61%
👕👟 Clothing & Footwear
Toronto
Serov
Difference
Jeans (Levis 501 Or Similar)
$52.3 CA$73.9
$74.7 ₽6,238
-30.05%
Summer Dress (H&M, Zara, etc)
$39.44 CA$55.8
$47.40 ₽3,956
-16.79%
Sport Shoes (Adidas, Nike)
$99.0 CA$140
$132 ₽11.0K
-24.95%
Men's Leather Business Shoes
$122 CA$172
$96.4 ₽8,045
26.48%
🏠 Accommodation & Living
Toronto
Serov
Difference
1-bedroom Apartment, City Center (Monthly)
$1,631 CA$2,306
$405 ₽33.8K
302.51%
1-bedroom Apartment, Outside City Center (Monthly)
$1,448 CA$2,048
$364 ₽30.3K
298.44%
3-bedroom Apartment, City Center (Monthly)
$2,737 CA$3,869
$893 ₽74.6K
206.33%
3-bedroom Apartment, Outside City Center (Monthly)
$2,129 CA$3,010
$623 ₽52.0K
241.84%
Buy Apartment in City Center (m2)
$8,206 CA$11.6K
$2,348 ₽196.0K
249.46%
Buy Apartment Outside City Center (m2)
$6,838 CA$9,666
$1,629 ₽135.9K
319.87%
💵 Salaries & Financials
Toronto
Serov
Difference
Average Monthly Net Salary (After Tax)
$3,520 CA$4,976
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.47
21.45
-79.16%

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

Last update for Toronto: October 18, 2026

Last update for Serov: October 20, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Toronto
$1.4K
Serov
$364 74.9% $1.1K
Groceries & Markets
Toronto
$343
Serov
$210 38.7% $133
Eating Out
Toronto
$283
Serov
$148 47.6% $135
Monthly Utilities & Internet
Toronto
$201
Serov
$137 31.7% $64
Clothing & Footwear
Toronto
$141
Serov
$158 12.1% $17
Getting Around
Toronto
$130
Serov
$7.2 * 94.5% $123
Sport & Entertainment
Toronto
$65
Serov
$50 21.9% $14

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 $1,631 in Toronto and $405 in Serov. Housing cost is often the main lever when comparing two cities.

Dining out: $79.0 in Toronto vs $34.00 in Serov for a mid-range dinner for two. Groceries echo the gap at $343 vs $210 per month, with Serov cheaper across the board.

Good to know
🇨🇦 Toronto
🇷🇺 Serov
🕒 Local time
18:55 6:55 PM
03:55 3:55 AM
9 h ahead of Toronto
🌤 Weather
👥 Population
2,731,571
97,366
💱 Currency
Exchange rates and currency converter

RUB, USD, EUR to CAD – Canadian Dollar Converter

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).

Russian Ruble exchange rates as of October 20, 2026: 1 USD = 83.46 RUB (100 RUB = 1.2 USD). 1 EUR = 93.83 RUB (100 RUB = 1.07 EUR).

On the map
Between locations
  • Toronto Serov 7,960 km ≈ 10 h nonstop flight
From you
  • Toronto
  • Serov

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 Serov: Cost of Living - Frequently Asked Questions
Is Serov cheaper than Toronto?
Serov is cheaper overall, especially in groceries, eating out, and transport. The 143% gap adds up to real monthly savings that compound significantly over time.
What income do you need for each city?
You'd need roughly $3,916 in Toronto and $1,611 in Serov 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.
What is the rent difference between Toronto and Serov?
Rent for a central apartment: $1,631 in Toronto versus $405 in Serov. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper kindergarten?
Childcare runs $832 in Toronto versus $371 in Serov. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Is eating out cheaper in Toronto or in Serov?
Dining out is cheaper in Serov – a meal for two runs $34.00 versus $79.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.
Is $1,500 a realistic budget for living in Toronto or in Serov?
At $1,074 in Serov versus $2,610 in Toronto, a $1,500 budget is realistic in Serov but tight or insufficient in Toronto. The gap between the two cities makes Serov the clear choice for anyone on this budget.
Is it better to live in Toronto or in Serov?
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.
Which city is easier to live in as a foreigner?
Expats usually find Serov gentler on the wallet – expenses run 143% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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