Last update: Nov 2026

Cost of Living Comparison Between Valencia, Venezuela and Toronto

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.

39

Cost of Living Index in Valencia
Learn more

Valencia Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Valencia

🇻🇪 Venezuela

$819

/mo nomad

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Monthly Cost of Living

How much you'll spend in Valencia and in Toronto

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Valencia and in Toronto actually costs, broken down by who's living it.

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

Valencia $819
Toronto $2,599

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

Valencia $1,340
Toronto $3,700

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

Valencia $1,860
Toronto $4,801

Living in Valencia costs roughly 68% less than in Toronto, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$5.87 VES 5,242

$17.98 CA$25.20

-67.35%

Three-Course Dinner for Two, Mid-Range

$35.49 VES 31.7K

$72.3 CA$101

-50.89%

Fast Food Meal (McDonalds, etc)

$10.81 VES 9,649

$10.83 CA$15.18

-0.18%

Cappuccino

$3.32 VES 2,960

$4.34 CA$6.09

-23.50%

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

$1.49 VES 1,332

$2.16 CA$3.03

-31.02%

Water (0.33 liter bottle)

$1.28 VES 1,145

$1.66 CA$2.32

-22.89%

Local Beer (0.5 liter draught)

$1.98 VES 1,771

$6.35 CA$8.90

-68.82%

Imported Beer (0.33 liter bottle)

$3.05 VES 2,725

$7.34 CA$10.29

-58.45%

Milk (1 liter)

$2.06 VES 1,841

$2.57 CA$3.60

-19.84%

White Bread (500g)

$1.30 VES 1,162

$2.71 CA$3.79

-52.03%

Rice (white) (1kg)

$1.33 VES 1,190

$2.28 CA$3.19

-41.67%

Eggs

$2.19 VES 1,954

$3.60 CA$5.05

-39.17%

Local Cheese (1kg)

$6.47 VES 5,773

$8.94 CA$12.54

-27.63%

Chicken Fillets (1kg)

$6.82 VES 6,090

$11.19 CA$15.69

-39.05%

Beef Round Steak (1kg)

$7.28 VES 6,502

$15.23 CA$21.34

-52.20%

Apples (1kg)

$6.69 VES 5,968

$3.74 CA$5.25

78.88%

Banana (1kg)

$1.55 VES 1,382

$1.23 CA$1.72

26.02%

Oranges (1kg)

$2.20 VES 1,960

$3.58 CA$5.02

-38.55%

Tomato (1kg)

$2.35 VES 2,095

$4.25 CA$5.96

-44.71%

Potato (1kg)

$2.31 VES 2,059

$1.94 CA$2.72

19.07%

Onion (1kg)

$2.06 VES 1,837

$1.67 CA$2.34

23.35%

Lettuce (1 head)

$1.57 VES 1,399

$2.30 CA$3.22

-31.74%

Water (1.5 liter bottle)

$2.23 VES 1,991

$1.26 CA$1.77

76.98%

Cigarettes 20 Pack (Marlboro, Camel)

$2.97 VES 2,650

$14.19 CA$19.90

-79.07%

Wine (Bottle)

$10.07 VES 8,987

$14.25 CA$19.97

-29.33%

Local Beer (0.5 liter bottle)

$1.41 VES 1,259

$2.28 CA$3.20

-38.16%

Imported Beer (0.33 liter bottle)

$2.06 VES 1,836

$2.58 CA$3.62

-20.16%

One-way Ticket (Public Transport)

$0.31 VES 278

$2.35 CA$3.30

-86.81%

Public Transport Monthly Pass (Regular Price)

$50.1 VES 44.7K

$111 CA$156

-54.89%

Taxi Start (Normal Tariff)

$3.04 VES 2,715

$3.01 CA$4.22

1.00%

Taxi (Normal Tariff) (1km)

$1.54 VES 1,378

$1.22 CA$1.71

26.23%

Taxi 1hour Waiting (Normal Tariff)

$14.74 VES 13.2K

$21.82 CA$30.59

-32.45%

Gasoline (1 liter)

$0.81 VES 727

$1.23 CA$1.73

-34.15%

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

$24.9K VES 22.3M

$27.0K CA$37.8K

-7.52%

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

$35.2K VES 31.4M

$21.8K CA$30.6K

61.04%

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

$19.75 VES 17.6K

$121 CA$169

-83.65%

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

$8.62 VES 7,697

$33.10 CA$46.40

-73.96%

Internet (50+ Mbps, Unlimited Data)

$35.88 VES 32.0K

$49.09 CA$68.8

-26.91%

Gym Membership (Monthly)

$35.20 VES 31.4K

$36.65 CA$51.4

-3.96%

Tennis Court (1 Hour on Weekend)

$30.04 VES 26.8K

$25.01 CA$35.06

20.11%

Cinema Ticket

$5.02 VES 4,478

$12.78 CA$17.91

-60.72%

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

$81.3 VES 72.5K

$754 CA$1,058

-89.23%

International Primary School, 1 Child (Yearly)

$2,990 VES 2.7M

$33.7K CA$47.2K

-91.12%

Jeans (Levis 501 Or Similar)

$42.56 VES 38.0K

$50.4 CA$70.6

-15.54%

Summer Dress (H&M, Zara, etc)

$46.09 VES 41.1K

$41.43 CA$58.1

11.25%

Sport Shoes (Adidas, Nike)

$93.4 VES 83.4K

$101 CA$142

-7.70%

Men's Leather Business Shoes

$47.55 VES 42.4K

$130 CA$183

-63.49%

1-bedroom Apartment, City Center (Monthly)

$207 VES 185.2K

$1,590 CA$2,228

-86.95%

1-bedroom Apartment, Outside City Center (Monthly)

$136 VES 121.3K

$1,424 CA$1,996

-90.46%

3-bedroom Apartment, City Center (Monthly)

$289 VES 258.1K

$2,641 CA$3,702

-89.05%

3-bedroom Apartment, Outside City Center (Monthly)

$251 VES 223.7K

$2,090 CA$2,930

-88.01%

Buy Apartment in City Center (m2)

$665 VES 593.5K

$7,730 CA$10.8K

-91.40%

Buy Apartment Outside City Center (m2)

$391 VES 349.2K

$6,892 CA$9,661

-94.32%

Average Monthly Net Salary (After Tax)

$204 VES 182.5K

$3,623 CA$5,078

-94.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

394.38%

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

Last update for Valencia: November 3, 2026

Last update for Toronto: November 2, 2026

Monthly budget structure

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

Groceries & Markets

Valencia

$262 32%

Toronto

$345 13.3% 31.8% $83

Eating Out

Valencia

$146 17.9%

Toronto

$290 11.2% 98.3% $144

Accommodation & Living

Valencia

$136 16.6%

Toronto

$1.4K 54.8% 948% $1.3K

Clothing & Footwear

Valencia

$103 12.6%

Toronto

$145 5.6% 40.8% $42

Monthly Utilities & Internet

Valencia

$64 7.9%

Toronto

$203 7.8% 216% $139

Getting Around

Valencia

$62 7.6%

Toronto

$130 5% 109% $67

Sport & Entertainment

Valencia

$45 5.5%

Toronto

$62 2.4% 37.5% $17

Cost Breakdown

A one-bedroom apartment in the center runs $207 in Valencia and $1,590 in Toronto. 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: $35 in Valencia vs $72 in Toronto for a mid-range dinner for two. Groceries echo the gap at $262 vs $345 per month, with Valencia cheaper across the board.

Good to know

🇻🇪 Valencia

🇨🇦 Toronto

🕒 Local time

03:47 3:47 AM

02:47 2:47 AM

1 h behind Valencia

🌤 Weather

👥 Population

2,299,026

2,731,571

💱 Currency

Venezuelan Bolívar VES Bs.S

Canadian Dollar CAD $

📈 Exchange rate

10,000 VES = 11.2 USD

10,000 VES = 9.97 EUR

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

Exchange rates and currency converter

CAD, USD, EUR to VES – Venezuelan Bolívar Converter

🇺🇸 United States Dollar ($)

🇻🇪 Venezuelan Bolívar (Bs.S)

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).

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).

USD to VES in detail →

On the map

Lowest

Highest

Between locations

Valencia Toronto 3,880 km ≈ 5 h nonstop flight

From you

Valencia
Toronto

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

Valencia vs Toronto: 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.

On paper, salaries run 94% lower in Valencia. 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: $207 in Valencia versus $1,590 in Toronto. 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.