🙂Monthly costs for one person with rent: $2,351 in Torquay versus $2,566 in Richmond.
🙂Estimated couple costs with rent: $3,437 in Torquay versus $3,820 in Richmond.
🙂Monthly costs for a family of three with rent: $4,524 in Torquay versus $5,074 in Richmond.
🌍Living in Torquay costs roughly 8% less than in Richmond, driven mainly by Monthly Utilities & Internet.
📊Both cities are pricier than the global median: Torquay76% above, Richmond92% above.
Currency
🍽 Eating Out
Torquay
Richmond
Difference
Meal at Budget Restaurant
$20.18£15.01
$16.39CA$22.97
23.12%
Three-Course Dinner for Two, Mid-Range
$95.2£70.8
$74.4CA$104
27.91%
Fast Food Meal(McDonalds, etc)
$9.71£7.22
$9.55CA$13.39
1.68%
Cappuccino
$4.10£3.05
$4.22CA$5.92
-2.84%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$2.53£1.88
$2.00CA$2.80
26.50%
Water(0.33 liter bottle)
$2.03£1.51
$1.36CA$1.91
49.26%
Local Beer(0.5 liter draught)
$5.30£3.94
$5.64CA$7.91
-6.03%
Imported Beer(0.33 liter bottle)
$5.47£4.07
$5.99CA$8.40
-8.68%
🛒 Groceries & Markets
Torquay
Richmond
Difference
Milk(1 liter)
$1.99£1.48
$2.09CA$2.93
-4.78%
White Bread(500g)
$1.70£1.26
$2.33CA$3.27
-27.04%
Rice(white)(1kg)
$3.31£2.47
$2.63CA$3.69
25.86%
Eggs
$6.09£4.53
$3.20CA$4.48
90.31%
Local Cheese(1kg)
$6.78£5.04
$9.22CA$12.93
-26.46%
Chicken Fillets(1kg)
$10.68£7.94
$10.40CA$14.59
2.69%
Beef Round Steak(1kg)
$17.73£13.19
$10.09CA$14.14
75.72%
Apples(1kg)
$3.04£2.26
$3.15CA$4.41
-3.49%
Banana(1kg)
$1.22£0.91
$1.37CA$1.92
-10.95%
Oranges(1kg)
$4.72£3.51
$2.73CA$3.83
72.89%
Tomato(1kg)
$4.57£3.40
$3.88CA$5.44
17.78%
Potato(1kg)
$1.49£1.11
$2.43CA$3.40
-38.68%
Onion(1kg)
$1.64£1.22
$2.14CA$3.00
-23.36%
Lettuce(1 head)
$1.33£0.99
$1.96CA$2.75
-32.14%
Water(1.5 liter bottle)
$1.71£1.28
$1.20CA$1.69
42.50%
Cigarettes 20 Pack(Marlboro, Camel)
$15.73£11.70
$15.02CA$21.05
4.73%
Wine(Bottle)
$9.63£7.16
$12.96CA$18.17
-25.69%
Local Beer(0.5 liter bottle)
$2.51£1.87
$2.13CA$2.99
17.84%
Imported Beer(0.33 liter bottle)
$3.18£2.37
$2.25CA$3.16
41.33%
🚌 Getting Around
Torquay
Richmond
Difference
One-way Ticket(Public Transport)
$3.32£2.47
$2.20CA$3.08
50.91%
Public Transport Monthly Pass(Regular Price)
$88.3£65.7
$77.7CA$109
13.72%
Taxi Start(Normal Tariff)
$4.03£2.99
$3.13CA$4.39
28.75%
Taxi(Normal Tariff)(1km)
$1.58£1.17
$1.55CA$2.17
1.94%
Taxi 1hour Waiting(Normal Tariff)
$27.45£20.42
$25.85CA$36.25
6.19%
Gasoline(1 liter)
$1.91£1.42
$1.37CA$1.92
39.42%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$39.3K£29.2K
$24.6KCA$34.5K
59.81%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$43.2K£32.1K
$19.8KCA$27.8K
117.70%
🧾 Monthly Utilities & Internet
Torquay
Richmond
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$348£259
$113CA$159
207.03%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$18.90£14.05
$44.53CA$62.4
-57.56%
Internet(50+ Mbps, Unlimited Data)
$28.78£21.40
$46.08CA$64.6
-37.54%
🎉 Sport & Entertainment
Torquay
Richmond
Difference
Gym Membership(Monthly)
$46.47£34.56
$56.0CA$78.5
-17.03%
Tennis Court(1 Hour on Weekend)
-
$4.83CA$6.78
-
Cinema Ticket
$7.68£5.71
$12.00CA$16.83
-36.00%
🧸 Childcare & Education
Torquay
Richmond
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$1,609£1,197
$943CA$1,322
70.65%
International Primary School, 1 Child(Yearly)
$16.6K£12.4K
$10.9KCA$15.3K
51.92%
👕👟 Clothing & Footwear
Torquay
Richmond
Difference
Jeans(Levis 501 Or Similar)
$85.5£63.6
$48.54CA$68.1
76.16%
Summer Dress(H&M, Zara, etc)
$24.19£17.99
$33.28CA$46.66
-27.31%
Sport Shoes(Adidas, Nike)
$68.3£50.8
$92.4CA$130
-26.04%
Men's Leather Business Shoes
$80.3£59.7
$126CA$177
-36.35%
🏠 Accommodation & Living
Torquay
Richmond
Difference
1-bedroom Apartment, City Center(Monthly)
$1,205£896
$1,799CA$2,522
-33.00%
1-bedroom Apartment, Outside City Center(Monthly)
$1,015£755
$1,446CA$2,028
-29.82%
3-bedroom Apartment, City Center(Monthly)
$2,027£1,508
$2,936CA$4,116
-30.96%
3-bedroom Apartment, Outside City Center(Monthly)
$1,718£1,278
$2,498CA$3,503
-31.25%
Buy Apartment in City Center(m2)
-
$9,856CA$13.8K
-
Buy Apartment Outside City Center(m2)
-
$7,865CA$11.0K
-
💵 Salaries & Financials
Torquay
Richmond
Difference
Average Monthly Net Salary(After Tax)
$2,461£1,831
$3,012CA$4,223
-18.30%
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: July 11, 2026
Last update for Richmond: July 12, 2026
Cost Breakdown
🏠A one-bedroom apartment in the center runs $1,205 in Torquay and $1,799 in Richmond. Housing cost is often the main lever when comparing two cities.
💰Richmond pays 22% 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: $95.0 in Torquay vs $74.0 in Richmond for a mid-range dinner for two. Groceries echo the gap at $337 vs $307 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
Which city is more expensive, Torquay or Richmond?
Torquay wins on cost – living expenses run 9% 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.
Are salaries higher in Torquay or in Richmond?
On paper, salaries run 22% lower in Richmond. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How much does a 1-bedroom apartment cost in Torquay compared to Richmond?
Rent for a central apartment: $1,205 in Torquay versus $1,799 in Richmond. Housing is usually the single largest factor when comparing overall living costs between the two.
How expensive is transport in Torquay compared to Richmond?
A monthly transit pass in Torquay runs roughly 14% less than in Richmond. Both cities have functional networks, but the price difference matters if you're watching your budget.
How do childcare costs compare in Torquay and in Richmond?
Childcare runs $1,609 in Torquay versus $943 in Richmond. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Can you live on $2,500/month in Torquay or in Richmond?
At $2,351 in Torquay versus $2,566 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.
Which city offers a better quality of life: Torquay or Richmond?
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.
Which city is more affordable for expats?
Expats usually find Torquay gentler on the wallet – expenses run 9% less than in Richmond. Beyond cost, consider language, visa policies, and how big the international community is in each city.