Last update: Oct 2026

Cost of Living Comparison Between Toronto and Soledad

For one person, living is cheaper in Soledad: $1,307 a month against $2,561 in Toronto, rent and utilities included – about $15,000 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
62

Cost of Living Index in Soledad
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Soledad Living Index

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Toronto

🇨🇦 Canada

$2,561

/mo nomad

Soledad

🇨🇴 Colombia

$1,307

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Soledad

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

A single person spends $2,561 per month in Toronto vs $1,307 in Soledad, rent included.

Toronto $2,561
Soledad $1,307

A couple spends around $3,694 per month in Toronto vs $2,057 in Soledad, rent included.

Toronto $3,694
Soledad $2,057

A family of three spends $4,826 per month in Toronto vs $2,806 in Soledad, rent included.

Toronto $4,826
Soledad $2,806

Toronto costs about 96% more than Soledad, and outside of rent the biggest gap is in eating out.

Toronto sits 90% above the global median, while Soledad is 3% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.18 CA$24.42

$5.83 COP 18.6K

194.68%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$108

$42.55 COP 135.3K

78.54%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.97

$10.03 COP 31.9K

5.08%

Cappuccino

$4.02 CA$5.71

$2.56 COP 8,136

57.03%

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

$2.12 CA$3.01

$2.55 COP 8,119

-16.86%

Water (0.33 liter bottle)

$1.75 CA$2.49

$2.25 COP 7,155

-22.22%

Local Beer (0.5 liter draught)

$6.24 CA$8.87

$3.33 COP 10.6K

87.39%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.07

$5.15 COP 16.4K

37.67%

Milk (1 liter)

$2.44 CA$3.47

$1.94 COP 6,155

25.77%

White Bread (500g)

$2.68 CA$3.80

$2.77 COP 8,795

-3.25%

Rice (white) (1kg)

$2.24 CA$3.18

$1.43 COP 4,543

56.64%

Eggs

$3.56 CA$5.06

$4.98 COP 15.8K

-28.51%

Local Cheese (1kg)

$9.09 CA$12.92

$7.85 COP 25.0K

15.80%

Chicken Fillets (1kg)

$11.33 CA$16.10

$9.74 COP 31.0K

16.32%

Beef Round Steak (1kg)

$14.53 CA$20.66

$13.34 COP 42.4K

8.92%

Apples (1kg)

$3.62 CA$5.15

$3.46 COP 11.0K

4.62%

Banana (1kg)

$1.21 CA$1.72

$1.65 COP 5,235

-26.67%

Oranges (1kg)

$3.60 CA$5.12

$2.00 COP 6,361

80.00%

Tomato (1kg)

$4.21 CA$5.99

$1.68 COP 5,341

150.60%

Potato (1kg)

$1.79 CA$2.54

$1.25 COP 3,960

43.20%

Onion (1kg)

$1.59 CA$2.26

$1.36 COP 4,330

16.91%

Lettuce (1 head)

$2.27 CA$3.23

$1.08 COP 3,442

110.19%

Water (1.5 liter bottle)

$1.25 CA$1.78

$1.19 COP 3,799

5.04%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.64

$3.55 COP 11.3K

289.30%

Wine (Bottle)

$14.27 CA$20.29

$14.35 COP 45.6K

-0.56%

Local Beer (0.5 liter bottle)

$2.20 CA$3.12

$1.41 COP 4,477

56.03%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.46

$2.20 COP 7,011

10.45%

One-way Ticket (Public Transport)

$2.39 CA$3.40

$1.26 COP 4,008

89.68%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.91 CA$4.14

$1.58 COP 5,017

84.18%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.70

$3.65 COP 11.6K

-67.12%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.39

$9.19 COP 29.2K

132.64%

Gasoline (1 liter)

$1.21 CA$1.72

$1.33 COP 4,240

-9.02%

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

$28.2K CA$40.0K

$23.1K COP 73.5M

21.92%

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

$20.3K CA$28.8K

$34.0K COP 108.0M

-40.37%

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

$120 CA$171

$79.3 COP 252.3K

51.73%

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

$32.26 CA$45.84

$11.95 COP 38.0K

169.96%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$68.1

$25.61 COP 81.5K

87.15%

Gym Membership (Monthly)

$38.48 CA$54.7

$32.77 COP 104.2K

17.42%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.63

Cinema Ticket

$12.38 CA$17.59

$8.05 COP 25.6K

53.79%

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

$830 CA$1,180

$627 COP 2.0M

32.37%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.8K

$5,760 COP 18.3M

300.86%

Jeans (Levis 501 Or Similar)

$50.7 CA$72.1

$92.9 COP 295.3K

-45.39%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.9

$48.49 COP 154.2K

-17.47%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$116 COP 370.5K

-15.89%

Men's Leather Business Shoes

$121 CA$171

$109 COP 347.8K

10.33%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,263

$629 COP 2.0M

153.02%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$2,005

$504 COP 1.6M

179.96%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,795

$876 COP 2.8M

204.84%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,058

$973 COP 3.1M

121.04%

Buy Apartment in City Center (m2)

$7,945 CA$11.3K

$1,768 COP 5.6M

349.36%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,298

$1,584 COP 5.0M

312.99%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,297

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

-70.20%

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

Last update for Toronto: October 12, 2026

Last update for Soledad: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Soledad

$504 38.6% 64.3% $907

Groceries & Markets

Toronto

$340 13.3%

Soledad

$294 22.5% 13.5% $46

Eating Out

Toronto

$278 10.9%

Soledad

$154 11.8% 44.8% $125

Monthly Utilities & Internet

Toronto

$201 7.8%

Soledad

$117 8.9% 41.7% $84

Clothing & Footwear

Toronto

$139 5.4%

Soledad

$165 12.6% 18.7% $26

Getting Around

Toronto

$129 5.1%

Soledad

$25 * 1.9% 80.8% $105

Sport & Entertainment

Toronto

$63 2.5%

Soledad

$49 3.7% 22.7% $14

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,592 in Toronto versus $629 in Soledad. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $76.0 in Toronto versus $43.00 in Soledad. Monthly groceries follow the same trend: $340 vs $294 – making Soledad the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇨🇴 Soledad

🕒 Local time

04:46 4:46 AM

03:46 3:46 AM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

582,156

💱 Currency

Canadian Dollar CAD $

Colombian Peso COP $

📈 Exchange rate

1 CAD = 0.704 USD

1 CAD = 0.628 EUR

10,000 COP = 3.14 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 15, 2026: 1 USD = 1.42 CAD (1 CAD = 0.704 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

Colombian Peso exchange rates as of October 15, 2026: 1 USD = 3,181 COP (10,000 COP = 3.14 USD). 1 EUR = 3,561 COP (10,000 COP = 2.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Soledad 3,670 km ≈ 5 h nonstop flight

From you

Toronto
Soledad

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 Soledad: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 96%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,841 per month in Toronto and $1,960 in Soledad. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Soledad, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $76.0 in Toronto and $43.00 in Soledad. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 16% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Soledad, where all-in costs run around $1,307, than in Toronto at $2,561. In Soledad it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Soledad – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Soledad. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.