Last update: Nov 2026

Cost of Living Comparison Between Toronto and Valencia, Venezuela

Name: Valencia
Address: Valencia, VE

For one person, living is cheaper in Valencia: $819 a month against $2,599 in Toronto, rent and utilities included – about $21,400 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
39

Cost of Living Index in Valencia
Learn more

Valencia Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Valencia

🇻🇪 Venezuela

$819

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Valencia

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

Monthly costs for one person with rent: $2,599 in Toronto versus $819 in Valencia.

Toronto $2,599
Valencia $819

Estimated couple costs with rent: $3,700 in Toronto versus $1,340 in Valencia.

Toronto $3,700
Valencia $1,340

Monthly costs for a family of three with rent: $4,801 in Toronto versus $1,860 in Valencia.

Toronto $4,801
Valencia $1,860

Living in Toronto is roughly 217% more expensive than in Valencia, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Toronto is 92% above, Valencia is 39% below.

Meal at Budget Restaurant

$17.98 CA$25.20

$5.87 VES 5,242

206.30%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$101

$35.49 VES 31.7K

103.61%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.18

$10.81 VES 9,649

0.19%

Cappuccino

$4.34 CA$6.09

$3.32 VES 2,960

30.72%

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

$2.16 CA$3.03

$1.49 VES 1,332

44.97%

Water (0.33 liter bottle)

$1.66 CA$2.32

$1.28 VES 1,145

29.69%

Local Beer (0.5 liter draught)

$6.35 CA$8.90

$1.98 VES 1,771

220.71%

Imported Beer (0.33 liter bottle)

$7.34 CA$10.29

$3.05 VES 2,725

140.66%

Milk (1 liter)

$2.57 CA$3.60

$2.06 VES 1,841

24.76%

White Bread (500g)

$2.71 CA$3.79

$1.30 VES 1,162

108.46%

Rice (white) (1kg)

$2.28 CA$3.19

$1.33 VES 1,190

71.43%

Eggs

$3.60 CA$5.05

$2.19 VES 1,954

64.38%

Local Cheese (1kg)

$8.94 CA$12.54

$6.47 VES 5,773

38.18%

Chicken Fillets (1kg)

$11.19 CA$15.69

$6.82 VES 6,090

64.08%

Beef Round Steak (1kg)

$15.23 CA$21.34

$7.28 VES 6,502

109.20%

Apples (1kg)

$3.74 CA$5.25

$6.69 VES 5,968

-44.10%

Banana (1kg)

$1.23 CA$1.72

$1.55 VES 1,382

-20.65%

Oranges (1kg)

$3.58 CA$5.02

$2.20 VES 1,960

62.73%

Tomato (1kg)

$4.25 CA$5.96

$2.35 VES 2,095

80.85%

Potato (1kg)

$1.94 CA$2.72

$2.31 VES 2,059

-16.02%

Onion (1kg)

$1.67 CA$2.34

$2.06 VES 1,837

-18.93%

Lettuce (1 head)

$2.30 CA$3.22

$1.57 VES 1,399

46.50%

Water (1.5 liter bottle)

$1.26 CA$1.77

$2.23 VES 1,991

-43.50%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 CA$19.90

$2.97 VES 2,650

377.78%

Wine (Bottle)

$14.25 CA$19.97

$10.07 VES 8,987

41.51%

Local Beer (0.5 liter bottle)

$2.28 CA$3.20

$1.41 VES 1,259

61.70%

Imported Beer (0.33 liter bottle)

$2.58 CA$3.62

$2.06 VES 1,836

25.24%

One-way Ticket (Public Transport)

$2.35 CA$3.30

$0.31 VES 278

658.06%

Public Transport Monthly Pass (Regular Price)

$111 CA$156

$50.1 VES 44.7K

121.69%

Taxi Start (Normal Tariff)

$3.01 CA$4.22

$3.04 VES 2,715

-0.99%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.71

$1.54 VES 1,378

-20.78%

Taxi 1hour Waiting (Normal Tariff)

$21.82 CA$30.59

$14.74 VES 13.2K

48.03%

Gasoline (1 liter)

$1.23 CA$1.73

$0.81 VES 727

51.85%

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

$27.0K CA$37.8K

$24.9K VES 22.3M

8.13%

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

$21.8K CA$30.6K

$35.2K VES 31.4M

-37.90%

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

$121 CA$169

$19.75 VES 17.6K

511.54%

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

$33.10 CA$46.40

$8.62 VES 7,697

283.99%

Internet (50+ Mbps, Unlimited Data)

$49.09 CA$68.8

$35.88 VES 32.0K

36.82%

Gym Membership (Monthly)

$36.65 CA$51.4

$35.20 VES 31.4K

4.12%

Tennis Court (1 Hour on Weekend)

$25.01 CA$35.06

$30.04 VES 26.8K

-16.74%

Cinema Ticket

$12.78 CA$17.91

$5.02 VES 4,478

154.58%

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

$754 CA$1,058

$81.3 VES 72.5K

828.31%

International Primary School, 1 Child (Yearly)

$33.7K CA$47.2K

$2,990 VES 2.7M

1026.71%

Jeans (Levis 501 Or Similar)

$50.4 CA$70.6

$42.56 VES 38.0K

18.40%

Summer Dress (H&M, Zara, etc)

$41.43 CA$58.1

$46.09 VES 41.1K

-10.11%

Sport Shoes (Adidas, Nike)

$101 CA$142

$93.4 VES 83.4K

8.34%

Men's Leather Business Shoes

$130 CA$183

$47.55 VES 42.4K

173.88%

1-bedroom Apartment, City Center (Monthly)

$1,590 CA$2,228

$207 VES 185.2K

666.36%

1-bedroom Apartment, Outside City Center (Monthly)

$1,424 CA$1,996

$136 VES 121.3K

947.70%

3-bedroom Apartment, City Center (Monthly)

$2,641 CA$3,702

$289 VES 258.1K

813.62%

3-bedroom Apartment, Outside City Center (Monthly)

$2,090 CA$2,930

$251 VES 223.7K

733.89%

Buy Apartment in City Center (m2)

$7,730 CA$10.8K

$665 VES 593.5K

1062.67%

Buy Apartment Outside City Center (m2)

$6,892 CA$9,661

$391 VES 349.2K

1661.58%

Average Monthly Net Salary (After Tax)

$3,623 CA$5,078

$204 VES 182.5K

1671.60%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

-79.77%

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

Last update for Toronto: November 2, 2026

Last update for Valencia: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.8%

Valencia

$136 16.6% 90.5% $1.3K

Groceries & Markets

Toronto

$345 13.3%

Valencia

$262 32% 24.1% $83

Eating Out

Toronto

$290 11.2%

Valencia

$146 17.9% 49.6% $144

Monthly Utilities & Internet

Toronto

$203 7.8%

Valencia

$64 7.9% 68.3% $139

Clothing & Footwear

Toronto

$145 5.6%

Valencia

$103 12.6% 29% $42

Getting Around

Toronto

$130 5%

Valencia

$62 7.6% 52.1% $67

Sport & Entertainment

Toronto

$62 2.4%

Valencia

$45 5.5% 27.3% $17

Cost Breakdown

A one-bedroom apartment in the center runs $1,590 in Toronto and $207 in Valencia. Housing cost is often the main lever when comparing two cities.

Toronto pays about 18 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Toronto vs $35 in Valencia for a mid-range dinner for two. Groceries echo the gap at $345 vs $262 per month, with Valencia cheaper across the board.

Good to know

🇨🇦 Toronto

🇻🇪 Valencia

🕒 Local time

03:48 3:48 AM

04:48 4:48 AM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

2,299,026

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

10,000 VES = 11.2 USD

10,000 VES = 9.97 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

Venezuelan Bolívar exchange rates as of November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,003 VES (10,000 VES = 9.97 EUR).

USD to CAD in detail →

On the map

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Between locations

Toronto Valencia 3,880 km ≈ 5 h nonstop flight

From you

Toronto
Valencia

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 Valencia: Cost of Living - Frequently Asked Questions

Valencia is about 68% cheaper overall, especially in eating out, groceries, and transport. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Toronto is about 18 times higher, 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: $1,590 in Toronto versus $207 in Valencia. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 32% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Valencia – a meal for two runs $35 versus $72 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $819 in Valencia versus $2,599 in Toronto, a $1,000 budget is realistic in Valencia but tight or insufficient in Toronto. The gap between the two cities makes Valencia the clear choice for anyone on this budget.

For families, Valencia is more practical. Housing and childcare are both notably cheaper than in Toronto, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Valencia gentler on the wallet – expenses run 68% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.