Cost of Living Comparison Between Toronto and Timbo
For one person, living is cheaper in Timbo: $764 a month against $2,610 in Toronto, rent and utilities included – about $22,200 less a year. Rent and utilities account for most of the difference.
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Toronto Living Index126Cost of Living Index in TorontoLearn more -
Timbo Living Index37Cost of Living Index in TimboLearn more
How much you'll spend in Toronto and in Timbo
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 Timbo actually costs, broken down by who's living it.
Monthly costs for one person with rent: $2,610 in Toronto versus $764 in Timbo.
- Toronto $2,610
- Timbo $764
Estimated couple costs with rent: $3,727 in Toronto versus $1,250 in Timbo.
- Toronto $3,727
- Timbo $1,250
Monthly costs for a family of three with rent: $4,844 in Toronto versus $1,737 in Timbo.
- Toronto $4,844
- Timbo $1,737
Living in Toronto is roughly 241% more expensive than in Timbo, and outside of rent the biggest gap is in eating out.
The two cities straddle the global median: Toronto is 93% above, Timbo is 44% below.
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Toronto: October 18, 2026
Last update for Timbo: October 19, 2026
Cost Breakdown
A one-bedroom apartment in the center runs $1,631 in Toronto and $351 in Timbo. Housing cost is often the main lever when comparing two cities.
Toronto pays 394% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.
Dining out: $79.0 in Toronto vs $40.00 in Timbo for a mid-range dinner for two. Groceries echo the gap at $343 vs $159 per month, with Timbo cheaper across the board.
- Toronto Timbo 8,420 km ≈ 11 h nonstop flight
- Toronto
- Timbo
Distances are measured in a straight line. Your location is detected approximately.
City Median Internet Speeds Comparison (Updated April 2026)
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