Cost of Living Comparison Between Torquay and Richmond Cost of Living Comparison Between Torquay and Richmond

Monthly Cost of Living

Monthly costs for one person with rent: $2,331 in Torquay versus $2,590 in Richmond.

Estimated couple costs with rent: $3,453 in Torquay versus $3,761 in Richmond.

Monthly costs for a family of three with rent: $4,575 in Torquay versus $4,932 in Richmond.

Living in Torquay costs roughly 10% less than in Richmond, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Torquay 74% above, Richmond 93% above.

Meal at Budget Restaurant

$20.54 £15.26

$16.83 CA$23.30

22.04%

Three-Course Dinner for Two, Mid-Range

$93.7 £69.6

$73.7 CA$102

27.00%

Fast Food Meal (McDonalds, etc)

$9.43 £7.01

$9.45 CA$13.09

-0.21%

Cappuccino

$3.97 £2.95

$4.06 CA$5.62

-2.22%

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

$2.66 £1.97

$2.05 CA$2.84

29.76%

Water (0.33 liter bottle)

$2.10 £1.56

$1.35 CA$1.87

55.56%

Local Beer (0.5 liter draught)

$5.45 £4.05

$5.39 CA$7.46

1.11%

Imported Beer (0.33 liter bottle)

$5.49 £4.08

$5.86 CA$8.12

-6.31%

Milk (1 liter)

$1.98 £1.47

$2.18 CA$3.02

-9.17%

White Bread (500g)

$1.64 £1.22

$2.40 CA$3.32

-31.67%

Rice (white) (1kg)

$3.12 £2.32

$2.70 CA$3.74

15.56%

Eggs

$6.12 £4.55

$3.22 CA$4.45

90.06%

Local Cheese (1kg)

$6.62 £4.92

$9.19 CA$12.73

-27.97%

Chicken Fillets (1kg)

$10.62 £7.89

$10.36 CA$14.35

2.51%

Beef Round Steak (1kg)

$17.49 £13.00

$9.97 CA$13.80

75.43%

Apples (1kg)

$3.07 £2.28

$3.03 CA$4.20

1.32%

Banana (1kg)

$1.26 £0.93

$1.45 CA$2.01

-13.10%

Oranges (1kg)

$4.72 £3.51

$2.71 CA$3.75

74.17%

Tomato (1kg)

$4.63 £3.44

$4.01 CA$5.55

15.46%

Potato (1kg)

$1.55 £1.15

$2.43 CA$3.36

-36.21%

Onion (1kg)

$1.65 £1.22

$2.15 CA$2.98

-23.26%

Lettuce (1 head)

$1.33 £0.99

$1.88 CA$2.61

-29.26%

Water (1.5 liter bottle)

$1.74 £1.29

$1.21 CA$1.68

43.80%

Cigarettes 20 Pack (Marlboro, Camel)

$16.03 £11.92

$14.78 CA$20.46

8.46%

Wine (Bottle)

$9.51 £7.07

$12.98 CA$17.97

-26.73%

Local Beer (0.5 liter bottle)

$2.43 £1.81

$2.15 CA$2.98

13.02%

Imported Beer (0.33 liter bottle)

$3.11 £2.31

$2.32 CA$3.22

34.05%

One-way Ticket (Public Transport)

$3.31 £2.46

$2.19 CA$3.03

51.14%

Public Transport Monthly Pass (Regular Price)

$88.8 £66.0

$76.1 CA$105

16.67%

Taxi Start (Normal Tariff)

$4.03 £2.99

$2.98 CA$4.13

35.23%

Taxi (Normal Tariff) (1km)

$1.60 £1.19

$1.47 CA$2.04

8.84%

Taxi 1hour Waiting (Normal Tariff)

$27.55 £20.48

$25.82 CA$35.76

6.70%

Gasoline (1 liter)

$1.96 £1.46

$1.36 CA$1.88

44.12%

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

$38.8K £28.8K

$25.1K CA$34.7K

54.63%

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

$44.0K £32.7K

$20.5K CA$28.3K

115.08%

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

$346 £257

$112 CA$156

208.30%

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

$18.34 £13.63

$45.34 CA$62.8

-59.55%

Internet (50+ Mbps, Unlimited Data)

$28.69 £21.32

$45.37 CA$62.8

-36.76%

Gym Membership (Monthly)

$45.69 £33.96

$57.4 CA$79.5

-20.41%

Tennis Court (1 Hour on Weekend)

$4.99 CA$6.92

Cinema Ticket

$7.45 £5.53

$12.28 CA$17.00

-39.33%

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

$1,607 £1,195

$957 CA$1,325

67.97%

International Primary School, 1 Child (Yearly)

$16.0K £11.9K

$11.0K CA$15.2K

45.68%

Jeans (Levis 501 Or Similar)

$84.4 £62.8

$49.75 CA$68.9

69.73%

Summer Dress (H&M, Zara, etc)

$24.40 £18.13

$34.01 CA$47.09

-28.26%

Sport Shoes (Adidas, Nike)

$68.1 £50.6

$92.6 CA$128

-26.48%

Men's Leather Business Shoes

$80.7 £60.0

$122 CA$169

-33.86%

1-bedroom Apartment, City Center (Monthly)

$1,179 £876

$1,772 CA$2,453

-33.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,003 £746

$1,462 CA$2,024

-31.39%

3-bedroom Apartment, City Center (Monthly)

$2,017 £1,500

$2,937 CA$4,067

-31.31%

3-bedroom Apartment, Outside City Center (Monthly)

$1,685 £1,252

$2,459 CA$3,405

-31.49%

Buy Apartment in City Center (m2)

$5,832 £4,335

$10.3K CA$14.2K

-43.25%

Buy Apartment Outside City Center (m2)

$8,237 CA$11.4K

Average Monthly Net Salary (After Tax)

$2,486 £1,848

$3,142 CA$4,350

-20.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

6.08

-2.96%

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

Last update for Torquay: June 1, 2026

Last update for Richmond: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,179 in Torquay and $1,772 in Richmond. Housing cost is often the main lever when comparing two cities.

Richmond pays 26% 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: $94.0 in Torquay vs $74.0 in Richmond for a mid-range dinner for two. Groceries echo the gap at $335 vs $309 per month, with Richmond 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

Torquay vs Richmond: Cost of Living - Frequently Asked Questions

Torquay wins on cost – living expenses run 11% lower than in Richmond. Housing and daily spending are where you'll feel the difference most, making Torquay the obvious pick if budget is a priority.

On paper, Richmond earns 26% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,179 in Torquay versus $1,772 in Richmond. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Torquay runs roughly 17% less than in Richmond. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,607 in Torquay versus $957 in Richmond. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $2,331 in Torquay versus $2,590 in Richmond, a $2,500 budget is realistic in Torquay but tight or insufficient in Richmond. The gap between the two cities makes Torquay 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 Torquay gentler on the wallet – expenses run 11% less than in Richmond. Beyond cost, consider language, visa policies, and how big the international community is in each city.