Last update: Oct 2026

Cost of Living Comparison Between Waco, TX and Toronto

For one person, living costs are similar in Waco, TX and in Toronto: $2,447 and $2,530 a month, rent and utilities included.

117

Cost of Living Index in Waco, TX
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Waco, TX Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Waco, TX

🇺🇸 United States

$2,447

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

How much you'll spend in Waco, TX 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 Waco, TX and in Toronto actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,447 in Waco, TX versus $2,530 in Toronto.

Waco, TX $2,447
Toronto $2,530

Estimated couple costs with rent: $3,090 in Waco, TX versus $3,646 in Toronto.

Waco, TX $3,090
Toronto $3,646

Monthly costs for a family of three with rent: $3,734 in Waco, TX versus $4,761 in Toronto.

Waco, TX $3,734
Toronto $4,761

Living in Waco, TX costs roughly 3% less than in Toronto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Waco, TX 83% above, Toronto 89% above.

Meal at Budget Restaurant

$15.21 $15.21

$17.67 CA$25.19

-13.92%

Three-Course Dinner for Two, Mid-Range

$59.0 $59.0

$77.4 CA$110

-23.74%

Fast Food Meal (McDonalds, etc)

$12.18 $12.18

$10.47 CA$14.93

16.33%

Cappuccino

$5.39 $5.39

$4.08 CA$5.82

32.11%

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

$1.77 $1.77

$2.12 CA$3.02

-16.51%

Water (0.33 liter bottle)

$1.49 $1.49

$1.76 CA$2.51

-15.34%

Local Beer (0.5 liter draught)

$4.93 $4.93

$6.17 CA$8.80

-20.10%

Imported Beer (0.33 liter bottle)

$5.52 $5.52

$6.89 CA$9.83

-19.88%

Milk (1 liter)

$0.76 $0.76

$2.43 CA$3.47

-68.72%

White Bread (500g)

$3.16 $3.16

$2.75 CA$3.92

14.91%

Rice (white) (1kg)

$2.03 $2.03

$2.23 CA$3.18

-8.97%

Eggs

$2.78 $2.78

$3.45 CA$4.91

-19.42%

Local Cheese (1kg)

$12.06 $12.06

$8.93 CA$12.74

35.05%

Chicken Fillets (1kg)

$9.70 $9.70

$11.44 CA$16.31

-15.21%

Beef Round Steak (1kg)

$11.67 $11.67

$14.61 CA$20.83

-20.12%

Apples (1kg)

$3.83 $3.83

$3.75 CA$5.34

2.13%

Banana (1kg)

$1.12 $1.12

$1.15 CA$1.64

-2.61%

Oranges (1kg)

$3.86 $3.86

$3.55 CA$5.06

8.73%

Tomato (1kg)

$3.71 $3.71

$4.28 CA$6.11

-13.32%

Potato (1kg)

$2.27 $2.27

$1.85 CA$2.63

22.70%

Onion (1kg)

$2.86 $2.86

$1.67 CA$2.38

71.26%

Lettuce (1 head)

$1.76 $1.76

$2.22 CA$3.16

-20.72%

Water (1.5 liter bottle)

$0.99 $0.99

$1.21 CA$1.72

-18.18%

Cigarettes 20 Pack (Marlboro, Camel)

$8.54 $8.54

$13.88 CA$19.79

-38.47%

Wine (Bottle)

$13.49 $13.49

$14.25 CA$20.32

-5.33%

Local Beer (0.5 liter bottle)

$1.68 $1.68

$2.20 CA$3.13

-23.64%

Imported Beer (0.33 liter bottle)

$3.81 $3.81

$2.42 CA$3.45

57.44%

One-way Ticket (Public Transport)

$1.54 $1.54

$2.42 CA$3.45

-36.36%

Public Transport Monthly Pass (Regular Price)

$40.12 $40.12

$111 CA$158

-63.77%

Taxi Start (Normal Tariff)

$9.93 $9.93

$2.90 CA$4.13

242.41%

Taxi (Normal Tariff) (1km)

$1.90 $1.90

$1.26 CA$1.80

50.79%

Taxi 1hour Waiting (Normal Tariff)

$59.4 $59.4

$22.03 CA$31.41

169.72%

Gasoline (1 liter)

$0.89 $0.89

$1.22 CA$1.74

-27.05%

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

$36.2K $36.2K

$27.6K CA$39.4K

31.09%

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

$25.0K $25.0K

$19.8K CA$28.3K

26.20%

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

$175 $175

$122 CA$174

43.95%

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

$40.53 $40.53

$32.03 CA$45.67

26.54%

Internet (50+ Mbps, Unlimited Data)

$54.7 $54.7

$47.92 CA$68.3

14.21%

Gym Membership (Monthly)

$27.96 $27.96

$38.90 CA$55.5

-28.12%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.13

Cinema Ticket

$9.07 $9.07

$12.61 CA$17.98

-28.07%

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

$747 $747

$834 CA$1,189

-10.45%

International Primary School, 1 Child (Yearly)

$18.2K $18.2K

$23.3K CA$33.3K

-22.13%

Jeans (Levis 501 Or Similar)

$47.91 $47.91

$52.6 CA$75.0

-8.92%

Summer Dress (H&M, Zara, etc)

$38.27 $38.27

$40.26 CA$57.4

-4.94%

Sport Shoes (Adidas, Nike)

$85.3 $85.3

$96.2 CA$137

-11.33%

Men's Leather Business Shoes

$95.4 $95.4

$123 CA$175

-22.39%

1-bedroom Apartment, City Center (Monthly)

$1,244 $1,244

$1,598 CA$2,279

-22.18%

1-bedroom Apartment, Outside City Center (Monthly)

$1,328 $1,328

$1,435 CA$2,046

-7.44%

3-bedroom Apartment, City Center (Monthly)

$1,541 $1,541

$2,657 CA$3,788

-42.00%

3-bedroom Apartment, Outside City Center (Monthly)

$1,374 $1,374

$2,096 CA$2,989

-34.45%

Buy Apartment in City Center (m2)

$1,970 $1,970

$8,033 CA$11.5K

-75.48%

Buy Apartment Outside City Center (m2)

$1,955 $1,955

$6,557 CA$9,350

-70.18%

Average Monthly Net Salary (After Tax)

$3,156 $3,156

$3,743 CA$5,337

-15.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.49

4.47

45.19%

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

Last update for Waco, TX: October 6, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Waco, TX

$1.3K 55%

Toronto

$1.4K 55.4% 8% $107

Groceries & Markets

Waco, TX

$312 12.9%

Toronto

$340 13.1% 8.9% $28

Eating Out

Waco, TX

$272 11.3%

Toronto

$282 10.9% 3.7% $10

Monthly Utilities & Internet

Waco, TX

$271 11.2%

Toronto

$202 7.8% 25.4% $69

Clothing & Footwear

Waco, TX

$120 5%

Toronto

$140 5.4% 16.9% $20

Getting Around

Waco, TX

$66 2.7%

Toronto

$130 5% 97.2% $64

Sport & Entertainment

Waco, TX

$46 1.9%

Toronto

$64 2.5% 39.1% $18

Cost Breakdown

A one-bedroom apartment in the center runs $1,244 in Waco, TX and $1,598 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 19% 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: $59.0 in Waco, TX vs $77.0 in Toronto for a mid-range dinner for two. Groceries echo the gap at $312 vs $340 per month, with Waco, TX cheaper across the board.

Good to know

🇺🇸 Waco, TX

🇨🇦 Toronto

🕒 Local time

08:20 8:20 AM

09:20 9:20 AM

1 h ahead of Waco, TX

🌤 Weather

👥 Population

138,486

2,731,571

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.892 EUR

1 CAD = 0.701 USD

1 CAD = 0.626 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 12, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Canadian Dollar exchange rates as of October 12, 2026: 1 USD = 1.43 CAD (1 CAD = 0.701 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

CAD to USD in detail →

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Between locations

Waco, TX Toronto 2,060 km ≈ 3 h nonstop flight

From you

Waco, TX
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

Waco, TX vs Toronto: Cost of Living - Frequently Asked Questions

Waco, TX is cheaper overall, especially in groceries, eating out, and clothing. The 3% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 19% lower in Toronto. 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: $1,244 in Waco, TX versus $1,598 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 9% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Waco, TX – a meal for two runs $59.0 versus $77.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $2,447 in Waco, TX versus $2,530 in Toronto, a $2,500 budget is realistic in Waco, TX but tight or insufficient in Toronto. The gap between the two cities makes Waco, TX 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 Waco, TX gentler on the wallet – expenses run 3% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.