Last update: Oct 2026

Cost of Living Comparison Between Toronto and Sheridan, WY

For one person, living is cheaper in Sheridan, WY: $2,281 a month against $2,561 in Toronto, rent and utilities included – about $3,400 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
110

Cost of Living Index in Sheridan, WY
Learn more

Sheridan, WY Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Sheridan, WY

🇺🇸 United States

$2,281

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Sheridan, WY

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

Monthly costs for one person with rent: $2,561 in Toronto versus $2,281 in Sheridan, WY.

Toronto $2,561
Sheridan, WY $2,281

Estimated couple costs with rent: $3,694 in Toronto versus $3,716 in Sheridan, WY.

Toronto $3,694
Sheridan, WY $3,716

Monthly costs for a family of three with rent: $4,826 in Toronto versus $5,150 in Sheridan, WY.

Toronto $4,826
Sheridan, WY $5,150

Living in Toronto is roughly 12% more expensive than in Sheridan, WY, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Toronto 90% above, Sheridan, WY 69% above.

Meal at Budget Restaurant

$17.18 CA$24.29

$19.48 $19.48

-11.81%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$77.6 $77.6

-2.09%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$11.35 $11.35

-7.14%

Cappuccino

$4.02 CA$5.68

$5.33 $5.33

-24.58%

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

$2.12 CA$3.00

$3.52 $3.52

-39.77%

Water (0.33 liter bottle)

$1.75 CA$2.48

$1.57 $1.57

11.46%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$6.13 $6.13

1.79%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$7.21 $7.21

-1.66%

Milk (1 liter)

$2.44 CA$3.45

$1.38 $1.38

76.81%

White Bread (500g)

$2.68 CA$3.78

$3.93 $3.93

-31.81%

Rice (white) (1kg)

$2.24 CA$3.17

$4.28 $4.28

-47.66%

Eggs

$3.56 CA$5.03

$4.30 $4.30

-17.21%

Local Cheese (1kg)

$9.09 CA$12.85

$14.07 $14.07

-35.39%

Chicken Fillets (1kg)

$11.33 CA$16.01

$9.39 $9.39

20.66%

Beef Round Steak (1kg)

$14.53 CA$20.55

$15.01 $15.01

-3.20%

Apples (1kg)

$3.62 CA$5.12

$4.88 $4.88

-25.82%

Banana (1kg)

$1.21 CA$1.72

$1.57 $1.57

-22.93%

Oranges (1kg)

$3.60 CA$5.09

$4.25 $4.25

-15.29%

Tomato (1kg)

$4.21 CA$5.96

$4.64 $4.64

-9.27%

Potato (1kg)

$1.79 CA$2.53

$2.06 $2.06

-13.11%

Onion (1kg)

$1.59 CA$2.25

$2.96 $2.96

-46.28%

Lettuce (1 head)

$2.27 CA$3.21

$3.89 $3.89

-41.65%

Water (1.5 liter bottle)

$1.25 CA$1.77

$2.95 $2.95

-57.63%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$9.79 $9.79

41.16%

Wine (Bottle)

$14.27 CA$20.18

$17.05 $17.05

-16.30%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$1.98 $1.98

11.11%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$3.45 $3.45

-29.57%

One-way Ticket (Public Transport)

$2.39 CA$3.38

$1.98 $1.98

20.71%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

$78.6 $78.6

41.08%

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$3.09 $3.09

-5.83%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$1.78 $1.78

-32.58%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$29.79 $29.79

-28.23%

Gasoline (1 liter)

$1.21 CA$1.71

$1.09 $1.09

11.01%

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

$28.2K CA$39.8K

$35.6K $35.6K

-20.82%

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

$20.3K CA$28.6K

$35.9K $35.9K

-43.61%

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

$120 CA$170

$187 $187

-35.67%

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

$32.26 CA$45.60

$58.6 $58.6

-44.97%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$81.0 $81.0

-40.79%

Gym Membership (Monthly)

$38.48 CA$54.4

$42.05 $42.05

-8.49%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

$24.58 $24.58

-6.59%

Cinema Ticket

$12.38 CA$17.50

$14.88 $14.88

-16.80%

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

$830 CA$1,173

$1,417 $1,417

-41.44%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$23.1K $23.1K

0.17%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$44.63 $44.63

13.62%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$42.77 $42.77

-6.43%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$58.3 $58.3

67.99%

Men's Leather Business Shoes

$121 CA$171

$116 $116

4.09%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$1,608 $1,608

-0.99%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$938 $938

50.37%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$2,475 $2,475

7.88%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$2,177 $2,177

-1.18%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

$3,091 $3,091

157.02%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

$3,146 $3,146

107.94%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

$4,513 $4,513

-17.41%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

7.56

-40.87%

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

Last update for Toronto: October 12, 2026

Last update for Sheridan, WY: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Sheridan, WY

$938 41.1% 33.5% $472

Groceries & Markets

Toronto

$340 13.3%

Sheridan, WY

$410 18% 20.5% $70

Eating Out

Toronto

$278 10.9%

Sheridan, WY

$319 14% 14.8% $41

Monthly Utilities & Internet

Toronto

$201 7.8%

Sheridan, WY

$327 14.3% 62.9% $126

Clothing & Footwear

Toronto

$139 5.4%

Sheridan, WY

$118 5.2% 15.4% $21

Getting Around

Toronto

$129 5.1%

Sheridan, WY

$99 4.3% 23.9% $31

Sport & Entertainment

Toronto

$63 2.5%

Sheridan, WY

$72 3.2% 13.6% $8.6

Cost Breakdown

A one-bedroom apartment in the center runs $1,592 in Toronto and $1,608 in Sheridan, WY. Housing cost is often the main lever when comparing two cities.

Sheridan, WY pays 21% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $76.0 in Toronto vs $78.0 in Sheridan, WY for a mid-range dinner for two. Groceries echo the gap at $340 vs $410 per month, with Toronto cheaper across the board.

Good to know

🇨🇦 Toronto

🇺🇸 Sheridan, WY

🕒 Local time

13:47 1:47 PM

11:47 11:47 AM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

18,154

💱 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 19, 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 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Sheridan, WY 2,190 km ≈ 3 h 15 min nonstop flight

From you

Toronto
Sheridan, WY

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 Sheridan, WY: Cost of Living - Frequently Asked Questions

Toronto and Sheridan, WY differ by about 12% in total monthly costs ($2,561 vs $2,281 including rent). Sheridan, WY is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 21% lower in Sheridan, WY. 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: $1,592 in Toronto versus $1,608 in Sheridan, WY. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Toronto pay roughly 21% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

Dining out is cheaper in Sheridan, WY – a meal for two runs $78.0 versus $76.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $3,000. Sheridan, WY 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.

Safety-wise, Toronto and Sheridan, WY are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Sheridan, WY gentler on the wallet – expenses run 12% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.