Last update: Oct 2026

Cost of Living Comparison Between Toronto and Silver City, NM

For one person, living costs are similar in Toronto and in Silver City, NM: $2,530 and $2,540 a month, rent and utilities included.

125

Cost of Living Index in Toronto
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Toronto Living Index
124

Cost of Living Index in Silver City, NM
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Silver City, NM Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Silver City, NM

🇺🇸 United States

$2,540

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Silver City, 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 Silver City, NM actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,530 in Toronto versus $2,540 in Silver City, NM.

Toronto $2,530
Silver City, NM $2,540

Estimated couple costs with rent: $3,646 in Toronto versus $3,772 in Silver City, NM.

Toronto $3,646
Silver City, NM $3,772

Monthly costs for a family of three with rent: $4,761 in Toronto versus $5,003 in Silver City, NM.

Toronto $4,761
Silver City, NM $5,003

Monthly costs are close between Toronto and Silver City, NM; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Toronto 89% above, Silver City, NM 90% above.

Meal at Budget Restaurant

$17.67 CA$25.19

$19.71 $19.71

-10.35%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$79.2 $79.2

-2.31%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$12.75 $12.75

-17.88%

Cappuccino

$4.08 CA$5.82

$5.21 $5.21

-21.69%

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

$2.12 CA$3.02

$2.77 $2.77

-23.47%

Water (0.33 liter bottle)

$1.76 CA$2.51

$1.41 $1.41

24.82%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$6.86 $6.86

-10.06%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.83

$6.85 $6.85

0.58%

Milk (1 liter)

$2.43 CA$3.47

$0.86 $0.86

182.56%

White Bread (500g)

$2.75 CA$3.92

$3.22 $3.22

-14.60%

Rice (white) (1kg)

$2.23 CA$3.18

$2.47 $2.47

-9.72%

Eggs

$3.45 CA$4.91

$4.63 $4.63

-25.49%

Local Cheese (1kg)

$8.93 CA$12.74

$13.40 $13.40

-33.36%

Chicken Fillets (1kg)

$11.44 CA$16.31

$11.08 $11.08

3.25%

Beef Round Steak (1kg)

$14.61 CA$20.83

$16.92 $16.92

-13.65%

Apples (1kg)

$3.75 CA$5.34

$4.46 $4.46

-15.92%

Banana (1kg)

$1.15 CA$1.64

$1.66 $1.66

-30.72%

Oranges (1kg)

$3.55 CA$5.06

$3.90 $3.90

-8.97%

Tomato (1kg)

$4.28 CA$6.11

$4.31 $4.31

-0.70%

Potato (1kg)

$1.85 CA$2.63

$2.50 $2.50

-26.00%

Onion (1kg)

$1.67 CA$2.38

$2.44 $2.44

-31.56%

Lettuce (1 head)

$2.22 CA$3.16

$2.16 $2.16

2.78%

Water (1.5 liter bottle)

$1.21 CA$1.72

$1.52 $1.52

-20.39%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.79

$10.47 $10.47

32.57%

Wine (Bottle)

$14.25 CA$20.32

$13.47 $13.47

5.79%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$2.46 $2.46

-10.57%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$3.79 $3.79

-36.15%

One-way Ticket (Public Transport)

$2.42 CA$3.45

$1.89 $1.89

28.04%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$2.78 $2.78

4.32%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$1.33 $1.33

-5.26%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.41

$35.30 $35.30

-37.59%

Gasoline (1 liter)

$1.22 CA$1.74

$0.91 $0.91

34.07%

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

$27.6K CA$39.4K

$36.8K $36.8K

-24.91%

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

$19.8K CA$28.3K

$22.0K $22.0K

-9.76%

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

$122 CA$174

$200 $200

-39.14%

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

$32.03 CA$45.67

$61.0 $61.0

-47.50%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$73.2 $73.2

-34.49%

Gym Membership (Monthly)

$38.90 CA$55.5

$38.96 $38.96

-0.15%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.13

Cinema Ticket

$12.61 CA$17.98

$12.82 $12.82

-1.64%

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

$834 CA$1,189

$1,097 $1,097

-23.94%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$15.7K $15.7K

48.32%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$55.9 $55.9

-5.89%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$43.76 $43.76

-8.00%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$96.8 $96.8

-0.65%

Men's Leather Business Shoes

$123 CA$175

$116 $116

5.60%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,279

$1,106 $1,106

44.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,046

$1,286 $1,286

11.57%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,788

$1,971 $1,971

34.82%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,989

$2,158 $2,158

-2.89%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$1,902 $1,902

322.27%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,350

$1,927 $1,927

240.37%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,337

$2,990 $2,990

25.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.44

-30.59%

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

Last update for Toronto: October 4, 2026

Last update for Silver City, NM: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Silver City, NM

$1.3K 50.7% 10.4% $149

Groceries & Markets

Toronto

$340 13.1%

Silver City, NM

$371 14.6% 9.1% $31

Eating Out

Toronto

$282 10.9%

Silver City, NM

$323 12.7% 14.6% $41

Monthly Utilities & Internet

Toronto

$202 7.8%

Silver City, NM

$334 13.2% 65.7% $133

Clothing & Footwear

Toronto

$140 5.4%

Silver City, NM

$141 5.6% 0.3% $0.4

Getting Around

Toronto

$130 5%

Silver City, NM

$17 * 0.7% 86.9% $113

Sport & Entertainment

Toronto

$64 2.5%

Silver City, NM

$65 2.6% 0.7% $0.5

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 $1,106 in Silver City, NM. Housing cost is often the main lever when comparing two cities.

Toronto pays 25% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $77.0 in Toronto vs $79.0 in Silver City, NM for a mid-range dinner for two. Groceries echo the gap at $340 vs $371 per month, with Toronto cheaper across the board.

Good to know

🇨🇦 Toronto

🇺🇸 Silver City, NM

🕒 Local time

03:47 3:47 AM

01:47 1:47 AM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

9,700

💱 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 Silver City, NM 2,780 km ≈ 4 h nonstop flight

From you

Toronto
Silver City, 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 Silver City, NM: Cost of Living - Frequently Asked Questions

Average pay runs 25% higher in Toronto, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,598 in Toronto versus $1,106 in Silver City, NM. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Toronto – a meal for two runs $77.0 versus $79.0 in Silver City, NM. If you eat out regularly, this makes a real dent in your monthly spending.

Childcare runs $834 in Toronto versus $1,097 in Silver City, NM. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $2,530 in Toronto versus $2,540 in Silver City, NM, a $2,500 budget is realistic in Toronto but tight or insufficient in Silver City, NM. The gap between the two cities makes Toronto 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.

It comes down to priorities – Toronto wins on affordability, Silver City, NM on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.