Cost of Living Comparison Between Toronto and Yarmouth Cost of Living Comparison Between Toronto and Yarmouth

Monthly Cost of Living

Monthly costs for one person with rent: $2,668 in Toronto versus $2,221 in Yarmouth.

Estimated couple costs with rent: $3,801 in Toronto versus $2,996 in Yarmouth.

Monthly costs for a family of three with rent: $4,934 in Toronto versus $3,771 in Yarmouth.

Living in Toronto is roughly 20% more expensive than in Yarmouth, driven mainly by Getting Around.

Both cities are pricier than the global median: Toronto 95% above, Yarmouth 62% above.

Meal at Budget Restaurant

$18.31 CA$25.62

$17.65 CA$24.70

3.74%

Three-Course Dinner for Two, Mid-Range

$80.4 CA$112

$65.6 CA$91.7

22.64%

Fast Food Meal (McDonalds, etc)

$10.61 CA$14.84

$10.86 CA$15.20

-2.30%

Cappuccino

$3.99 CA$5.59

$3.98 CA$5.56

0.25%

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

$2.16 CA$3.02

$2.19 CA$3.06

-1.37%

Water (0.33 liter bottle)

$1.76 CA$2.46

Local Beer (0.5 liter draught)

$6.65 CA$9.30

$5.60 CA$7.83

18.75%

Imported Beer (0.33 liter bottle)

$7.20 CA$10.07

$5.85 CA$8.18

23.08%

Milk (1 liter)

$2.84 CA$3.97

$1.85 CA$2.59

53.51%

White Bread (500g)

$2.75 CA$3.85

$2.62 CA$3.66

4.96%

Rice (white) (1kg)

$2.51 CA$3.50

$3.50 CA$4.90

-28.29%

Eggs

$3.83 CA$5.35

$3.48 CA$4.86

10.06%

Local Cheese (1kg)

$10.01 CA$14.00

$9.22 CA$12.90

8.57%

Chicken Fillets (1kg)

$11.96 CA$16.73

$11.50 CA$16.10

4.00%

Beef Round Steak (1kg)

$15.63 CA$21.87

$7.86 CA$11.00

98.85%

Apples (1kg)

$3.67 CA$5.14

$3.33 CA$4.66

10.21%

Banana (1kg)

$1.27 CA$1.78

$1.74 CA$2.43

-27.01%

Oranges (1kg)

$3.87 CA$5.41

$3.55 CA$4.97

9.01%

Tomato (1kg)

$4.23 CA$5.91

$2.66 CA$3.72

59.02%

Potato (1kg)

$1.86 CA$2.60

$2.41 CA$3.37

-22.82%

Onion (1kg)

$1.53 CA$2.15

$1.79 CA$2.50

-14.53%

Lettuce (1 head)

$2.30 CA$3.22

$2.59 CA$3.63

-11.20%

Water (1.5 liter bottle)

$1.44 CA$2.01

$1.71 CA$2.40

-15.79%

Cigarettes 20 Pack (Marlboro, Camel)

$14.12 CA$19.75

$15.18 CA$21.24

-6.98%

Wine (Bottle)

$14.53 CA$20.33

$16.43 CA$22.98

-11.56%

Local Beer (0.5 liter bottle)

$2.22 CA$3.11

$3.56 CA$4.98

-37.64%

Imported Beer (0.33 liter bottle)

$2.55 CA$3.57

$3.39 CA$4.74

-24.78%

One-way Ticket (Public Transport)

$2.47 CA$3.46

$1.58 CA$2.21

56.33%

Public Transport Monthly Pass (Regular Price)

$113 CA$158

$46.77 CA$65.4

141.29%

Taxi Start (Normal Tariff)

$3.10 CA$4.34

$3.29 CA$4.60

-5.78%

Taxi (Normal Tariff) (1km)

$1.28 CA$1.78

$1.30 CA$1.81

-1.54%

Taxi 1hour Waiting (Normal Tariff)

$21.87 CA$30.60

$15.40 CA$21.55

42.01%

Gasoline (1 liter)

$1.23 CA$1.72

$1.24 CA$1.73

-0.81%

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

$27.2K CA$38.1K

$25.0K CA$35.0K

8.78%

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

$20.3K CA$28.5K

$22.4K CA$31.3K

-9.17%

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

$122 CA$171

$148 CA$207

-17.09%

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

$33.21 CA$46.46

$44.73 CA$62.6

-25.75%

Internet (50+ Mbps, Unlimited Data)

$49.37 CA$69.1

$66.9 CA$93.6

-26.24%

Gym Membership (Monthly)

$40.05 CA$56.0

$57.7 CA$80.7

-30.57%

Tennis Court (1 Hour on Weekend)

$23.78 CA$33.27

$14.83 CA$20.75

60.35%

Cinema Ticket

$12.70 CA$17.76

$10.13 CA$14.17

25.37%

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

$772 CA$1,080

$905 CA$1,266

-14.66%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.4K

$15.3K CA$21.4K

55.53%

Jeans (Levis 501 Or Similar)

$53.4 CA$74.8

$44.82 CA$62.7

19.21%

Summer Dress (H&M, Zara, etc)

$42.13 CA$58.9

$34.51 CA$48.29

22.08%

Sport Shoes (Adidas, Nike)

$99.7 CA$139

$98.5 CA$138

1.23%

Men's Leather Business Shoes

$123 CA$172

$114 CA$159

8.02%

1-bedroom Apartment, City Center (Monthly)

$1,597 CA$2,234

$1,184 CA$1,657

34.86%

1-bedroom Apartment, Outside City Center (Monthly)

$1,439 CA$2,013

$1,082 CA$1,513

33.01%

3-bedroom Apartment, City Center (Monthly)

$2,738 CA$3,830

$1,959 CA$2,740

39.77%

3-bedroom Apartment, Outside City Center (Monthly)

$2,163 CA$3,027

$1,204 CA$1,684

79.67%

Buy Apartment in City Center (m2)

$8,246 CA$11.5K

$1,400 CA$1,958

489.13%

Buy Apartment Outside City Center (m2)

$6,695 CA$9,367

$1,312 CA$1,836

410.15%

Average Monthly Net Salary (After Tax)

$3,830 CA$5,359

$2,669 CA$3,734

43.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.85

-7.84%

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

Last update for Toronto: September 12, 2026

Last update for Yarmouth: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,597 in Toronto and $1,184 in Yarmouth. Housing cost is often the main lever when comparing two cities.

Toronto pays 44% 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: $80.0 in Toronto vs $66.0 in Yarmouth for a mid-range dinner for two. Groceries echo the gap at $361 vs $335 per month, with Yarmouth cheaper across the board.

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 Yarmouth: Cost of Living - Frequently Asked Questions

Yarmouth is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Getting Around. The 20% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 44% higher in Toronto, 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: $1,597 in Toronto versus $1,184 in Yarmouth. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 8% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Yarmouth – a meal for two runs $66.0 versus $80.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $2,221 in Yarmouth versus $2,668 in Toronto, a $2,000 budget is realistic in Yarmouth but tight or insufficient in Toronto. The gap between the two cities makes Yarmouth the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Yarmouth gentler on the wallet – expenses run 20% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.