Last update: Oct 2026

Cost of Living Comparison Between Toronto and Thousand Oaks, CA

For one person, living is cheaper in Toronto: $2,530 a month against $3,845 in Thousand Oaks, CA, rent and utilities included – about $15,800 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
186

Cost of Living Index in Thousand Oaks, CA
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Thousand Oaks, CA Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Thousand Oaks, CA

🇺🇸 United States

$3,845

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Thousand Oaks, CA

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 Thousand Oaks, CA actually costs, broken down by who's living it.

A single person spends $2,530 per month in Toronto vs $3,845 in Thousand Oaks, CA, rent included.

Toronto $2,530
Thousand Oaks, CA $3,845

A couple spends around $3,646 per month in Toronto vs $5,209 in Thousand Oaks, CA, rent included.

Toronto $3,646
Thousand Oaks, CA $5,209

A family of three spends $4,761 per month in Toronto vs $6,573 in Thousand Oaks, CA, rent included.

Toronto $4,761
Thousand Oaks, CA $6,573

Toronto is about 34% cheaper than Thousand Oaks, CA, and outside of rent the biggest gap is in groceries.

Both Toronto and Thousand Oaks, CA sit above the global median – Toronto by 89%, Thousand Oaks, CA by 187%.

Meal at Budget Restaurant

$17.67 CA$25.19

$25.09 $25.09

-29.57%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$98.3 $98.3

-21.26%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$9.00 $9.00

16.33%

Cappuccino

$4.08 CA$5.82

$5.63 $5.63

-27.53%

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

$2.12 CA$3.02

$2.81 $2.81

-24.56%

Water (0.33 liter bottle)

$1.76 CA$2.51

$2.03 $2.03

-13.30%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$7.97 $7.97

-22.58%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.83

$9.38 $9.38

-26.55%

Milk (1 liter)

$2.43 CA$3.47

$1.19 $1.19

104.20%

White Bread (500g)

$2.75 CA$3.92

$3.98 $3.98

-30.90%

Rice (white) (1kg)

$2.23 CA$3.18

$3.58 $3.58

-37.71%

Eggs

$3.45 CA$4.91

$5.15 $5.15

-33.01%

Local Cheese (1kg)

$8.93 CA$12.74

$12.54 $12.54

-28.79%

Chicken Fillets (1kg)

$11.44 CA$16.31

$20.47 $20.47

-44.11%

Beef Round Steak (1kg)

$14.61 CA$20.83

$22.65 $22.65

-35.50%

Apples (1kg)

$3.75 CA$5.34

$5.37 $5.37

-30.17%

Banana (1kg)

$1.15 CA$1.64

$1.79 $1.79

-35.75%

Oranges (1kg)

$3.55 CA$5.06

$4.80 $4.80

-26.04%

Tomato (1kg)

$4.28 CA$6.11

$5.79 $5.79

-26.08%

Potato (1kg)

$1.85 CA$2.63

$3.62 $3.62

-48.90%

Onion (1kg)

$1.67 CA$2.38

$2.76 $2.76

-39.49%

Lettuce (1 head)

$2.22 CA$3.16

$1.62 $1.62

37.04%

Water (1.5 liter bottle)

$1.21 CA$1.72

$2.27 $2.27

-46.70%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.79

$10.17 $10.17

36.48%

Wine (Bottle)

$14.25 CA$20.32

$15.18 $15.18

-6.13%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$1.68 $1.68

30.95%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$1.54 $1.54

57.14%

One-way Ticket (Public Transport)

$2.42 CA$3.45

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$4.43 $4.43

-34.54%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$1.91 $1.91

-34.03%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.41

$36.32 $36.32

-39.34%

Gasoline (1 liter)

$1.22 CA$1.74

$1.48 $1.48

-17.57%

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

$27.6K CA$39.4K

$37.5K $37.5K

-26.24%

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

$19.8K CA$28.3K

$25.7K $25.7K

-22.87%

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

$122 CA$174

$161 $161

-24.49%

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

$32.03 CA$45.67

$47.91 $47.91

-33.15%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$69.7 $69.7

-31.29%

Gym Membership (Monthly)

$38.90 CA$55.5

$66.1 $66.1

-41.18%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.13

$22.11 $22.11

5.11%

Cinema Ticket

$12.61 CA$17.98

$12.12 $12.12

4.04%

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

$834 CA$1,189

$1,718 $1,718

-51.46%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$42.2K $42.2K

-44.76%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$49.05 $49.05

7.24%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$29.43 $29.43

36.80%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$79.1 $79.1

21.65%

Men's Leather Business Shoes

$123 CA$175

$121 $121

2.00%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,279

$2,625 $2,625

-39.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,046

$2,493 $2,493

-42.45%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,788

$3,748 $3,748

-29.12%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,989

$3,457 $3,457

-39.36%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$5,777 $5,777

39.06%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,350

$5,858 $5,858

11.93%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,337

$5,925 $5,925

-36.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.64

-32.68%

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

Last update for Toronto: October 4, 2026

Last update for Thousand Oaks, CA: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Thousand Oaks, CA

$2.5K 64.8% 73.8% $1.1K

Groceries & Markets

Toronto

$340 13.1%

Thousand Oaks, CA

$472 12.3% 38.8% $132

Eating Out

Toronto

$282 10.9%

Thousand Oaks, CA

$373 9.7% 32.4% $91

Monthly Utilities & Internet

Toronto

$202 7.8%

Thousand Oaks, CA

$279 7.3% 38.3% $77

Clothing & Footwear

Toronto

$140 5.4%

Thousand Oaks, CA

$125 3.3% 10.9% $15

Getting Around

Toronto

$130 5%

Thousand Oaks, CA

$14 * 0.4% 89.2% $116

Sport & Entertainment

Toronto

$64 2.5%

Thousand Oaks, CA

$90 2.4% 40.9% $26

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

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $2,625 in Thousand Oaks, CA. 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 58% higher in Thousand Oaks, CA, 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 $77.0 in Toronto versus $98.0 in Thousand Oaks, CA. Monthly groceries follow the same trend: $340 vs $472 – making Toronto the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Thousand Oaks, CA

🕒 Local time

08:56 8:56 AM

05:56 5:56 AM

3 h behind Toronto

🌤 Weather

👥 Population

2,731,571

124,207

💱 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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Between locations

Toronto Thousand Oaks, CA 3,540 km ≈ 5 h nonstop flight

From you

Toronto
Thousand Oaks, CA

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 Thousand Oaks, CA: Cost of Living - Frequently Asked Questions

Thousand Oaks, CA costs about 52% more than Toronto, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,795 per month in Toronto and $5,768 in Thousand Oaks, CA. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Toronto, 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 $77.0 in Toronto and $98.0 in Thousand Oaks, CA. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 39% more in Thousand Oaks, CA, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$2,500 is a stretch for both – monthly costs hit $2,530 in Toronto and $3,845 in Thousand Oaks, CA. You'll need shared housing and careful budgeting no matter which city you pick.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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