Last update: Oct 2026

Cost of Living Comparison Between Toronto and Texarkana, TX

For one person, living is cheaper in Texarkana, TX: $2,015 a month against $2,561 in Toronto, rent and utilities included – about $6,600 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
98

Cost of Living Index in Texarkana, TX
Learn more

Texarkana, TX Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Texarkana, TX

🇺🇸 United States

$2,015

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Texarkana, TX

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

A single person spends $2,561 per month in Toronto vs $2,015 in Texarkana, TX, rent included.

Toronto $2,561
Texarkana, TX $2,015

A couple spends around $3,694 per month in Toronto vs $2,924 in Texarkana, TX, rent included.

Toronto $3,694
Texarkana, TX $2,924

A family of three spends $4,826 per month in Toronto vs $3,834 in Texarkana, TX, rent included.

Toronto $4,826
Texarkana, TX $3,834

Toronto costs about 27% more than Texarkana, TX, and outside of rent the biggest gap is in transport.

Both Toronto and Texarkana, TX sit above the global median – Toronto by 90%, Texarkana, TX by 49%.

Meal at Budget Restaurant

$17.18 CA$24.29

$19.99 $19.99

-14.06%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$49.66 $49.66

52.98%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$10.19 $10.19

3.43%

Cappuccino

$4.02 CA$5.68

$6.27 $6.27

-35.89%

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

$2.12 CA$3.00

$2.91 $2.91

-27.15%

Water (0.33 liter bottle)

$1.75 CA$2.48

$2.42 $2.42

-27.69%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$5.57 $5.57

12.03%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$7.87 $7.87

-9.91%

Milk (1 liter)

$2.44 CA$3.45

$0.63 $0.63

287.30%

White Bread (500g)

$2.68 CA$3.78

$3.07 $3.07

-12.70%

Rice (white) (1kg)

$2.24 CA$3.17

$3.99 $3.99

-43.86%

Eggs

$3.56 CA$5.03

$3.87 $3.87

-8.01%

Local Cheese (1kg)

$9.09 CA$12.85

$9.04 $9.04

0.55%

Chicken Fillets (1kg)

$11.33 CA$16.01

$8.57 $8.57

32.21%

Beef Round Steak (1kg)

$14.53 CA$20.55

$12.04 $12.04

20.68%

Apples (1kg)

$3.62 CA$5.12

$3.80 $3.80

-4.74%

Banana (1kg)

$1.21 CA$1.72

$1.27 $1.27

-4.72%

Oranges (1kg)

$3.60 CA$5.09

$1.73 $1.73

108.09%

Tomato (1kg)

$4.21 CA$5.96

$4.74 $4.74

-11.18%

Potato (1kg)

$1.79 CA$2.53

$1.27 $1.27

40.94%

Onion (1kg)

$1.59 CA$2.25

$2.41 $2.41

-34.02%

Lettuce (1 head)

$2.27 CA$3.21

$1.82 $1.82

24.73%

Water (1.5 liter bottle)

$1.25 CA$1.77

$1.70 $1.70

-26.47%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$9.65 $9.65

43.21%

Wine (Bottle)

$14.27 CA$20.18

$21.07 $21.07

-32.27%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$2.12 $2.12

3.77%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$1.40 $1.40

73.57%

One-way Ticket (Public Transport)

$2.39 CA$3.38

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$3.06 $3.06

-4.90%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$1.70 $1.70

-29.41%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$24.25 $24.25

-11.84%

Gasoline (1 liter)

$1.21 CA$1.71

$0.90 $0.90

34.44%

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

$28.2K CA$39.8K

$37.1K $37.1K

-23.96%

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

$20.3K CA$28.6K

$25.3K $25.3K

-19.88%

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

$120 CA$170

$206 $206

-41.66%

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

$32.26 CA$45.60

$93.1 $93.1

-65.35%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$82.1 $82.1

-41.61%

Gym Membership (Monthly)

$38.48 CA$54.4

$69.1 $69.1

-44.29%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$12.38 CA$17.50

$15.41 $15.41

-19.66%

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

$830 CA$1,173

$1,883 $1,883

-55.93%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$28.7K $28.7K

-19.46%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$60.2 $60.2

-15.79%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$49.35 $49.35

-18.91%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$122 $122

-19.75%

Men's Leather Business Shoes

$121 CA$171

$133 $133

-9.29%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$830 $830

91.76%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$704 $704

100.46%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$1,329 $1,329

100.90%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$1,133 $1,133

89.95%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

$1,419 $1,419

459.89%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

$1,443 $1,443

353.51%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

$3,287 $3,287

13.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.62

-32.48%

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

Last update for Toronto: October 12, 2026

Last update for Texarkana, TX: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.1%

Texarkana, TX

$704 34.9% 50.1% $707

Groceries & Markets

Toronto

$340 13.3%

Texarkana, TX

$324 16.1% 4.7% $16

Eating Out

Toronto

$278 10.9%

Texarkana, TX

$331 16.4% 18.9% $52

Monthly Utilities & Internet

Toronto

$201 7.8%

Texarkana, TX

$381 18.9% 90.2% $181

Clothing & Footwear

Toronto

$139 5.4%

Texarkana, TX

$164 8.1% 17.9% $25

Getting Around

Toronto

$129 5.1%

Texarkana, TX

$12 * 0.6% 91.1% $118

Sport & Entertainment

Toronto

$63 2.5%

Texarkana, TX

$100 5% 58% $37

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 $830 in Texarkana, TX. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 13% higher in Toronto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $76.0 in Toronto versus $50.0 in Texarkana, TX. Monthly groceries follow the same trend: $340 vs $324 – making Texarkana, TX the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Texarkana, TX

🕒 Local time

10:58 10:58 AM

09:58 9:58 AM

1 h behind Toronto

🌤 Weather

👥 Population

2,731,571

36,193

💱 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 18, 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 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Texarkana, TX 1,700 km ≈ 2 h 45 min nonstop flight

From you

Toronto
Texarkana, TX

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 Texarkana, TX: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,561 in Toronto, $2,015 in Texarkana, TX – roughly 27% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,841 per month in Toronto and $3,022 in Texarkana, TX. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $2,561 in Toronto and $2,015 in Texarkana, TX. That's a gap of about 27%.

Kindergarten costs $830 per month in Toronto and $1,883 in Texarkana, TX. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $3,000 monthly budget goes further in Texarkana, TX, where all-in costs run around $2,015, than in Toronto at $2,561. In Texarkana, TX it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Texarkana, TX – 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 Texarkana, TX. 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.