Last update: Oct 2026

Cost of Living Comparison Between Yerevan and Toronto

For one person, living is cheaper in Yerevan: $1,579 a month against $2,530 in Toronto, rent and utilities included – about $11,400 less a year. Rent and utilities account for most of the difference.

76

Cost of Living Index in Yerevan
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Yerevan Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Yerevan

🇦🇲 Armenia

$1,579

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,579 in Yerevan versus $2,530 in Toronto.

Yerevan $1,579
Toronto $2,530

Estimated couple costs with rent: $2,338 in Yerevan versus $3,646 in Toronto.

Yerevan $2,338
Toronto $3,646

Monthly costs for a family of three with rent: $3,096 in Yerevan versus $4,761 in Toronto.

Yerevan $3,096
Toronto $4,761

Living in Yerevan costs roughly 38% less than in Toronto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Yerevan 18% above, Toronto 89% above.

Meal at Budget Restaurant

$10.99 ֏3,971

$17.67 CA$25.13

-37.80%

Three-Course Dinner for Two, Mid-Range

$62.8 ֏22.7K

$77.4 CA$110

-18.80%

Fast Food Meal (McDonalds, etc)

$10.98 ֏3,968

$10.47 CA$14.90

4.87%

Cappuccino

$3.88 ֏1,404

$4.08 CA$5.80

-4.90%

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

$1.22 ֏441

$2.12 CA$3.01

-42.45%

Water (0.33 liter bottle)

$0.71 ֏257

$1.76 CA$2.50

-59.66%

Local Beer (0.5 liter draught)

$2.74 ֏992

$6.17 CA$8.78

-55.59%

Imported Beer (0.33 liter bottle)

$3.53 ֏1,275

$6.89 CA$9.80

-48.77%

Milk (1 liter)

$1.72 ֏623

$2.43 CA$3.46

-29.22%

White Bread (500g)

$0.96 ֏346

$2.75 CA$3.91

-65.09%

Rice (white) (1kg)

$2.31 ֏833

$2.23 CA$3.17

3.59%

Eggs

$2.73 ֏987

$3.45 CA$4.90

-20.87%

Local Cheese (1kg)

$8.80 ֏3,180

$8.93 CA$12.71

-1.46%

Chicken Fillets (1kg)

$7.85 ֏2,837

$11.44 CA$16.27

-31.38%

Beef Round Steak (1kg)

$14.18 ֏5,127

$14.61 CA$20.78

-2.94%

Apples (1kg)

$1.48 ֏536

$3.75 CA$5.33

-60.53%

Banana (1kg)

$1.78 ֏643

$1.15 CA$1.63

54.78%

Oranges (1kg)

$1.93 ֏699

$3.55 CA$5.05

-45.63%

Tomato (1kg)

$2.62 ֏946

$4.28 CA$6.09

-38.79%

Potato (1kg)

$0.68 ֏247

$1.85 CA$2.62

-63.24%

Onion (1kg)

$0.69 ֏251

$1.67 CA$2.37

-58.68%

Lettuce (1 head)

$0.98 ֏353

$2.22 CA$3.15

-55.86%

Water (1.5 liter bottle)

$0.78 ֏280

$1.21 CA$1.72

-35.54%

Cigarettes 20 Pack (Marlboro, Camel)

$2.79 ֏1,009

$13.88 CA$19.74

-79.90%

Wine (Bottle)

$10.84 ֏3,920

$14.25 CA$20.27

-23.93%

Local Beer (0.5 liter bottle)

$1.59 ֏576

$2.20 CA$3.12

-27.73%

Imported Beer (0.33 liter bottle)

$2.09 ֏756

$2.42 CA$3.44

-13.64%

One-way Ticket (Public Transport)

$0.40 ֏143

$2.42 CA$3.44

-83.47%

Public Transport Monthly Pass (Regular Price)

$24.51 ֏8,861

$111 CA$158

-77.87%

Taxi Start (Normal Tariff)

$1.41 ֏508

$2.90 CA$4.12

-51.38%

Taxi (Normal Tariff) (1km)

$0.58 ֏211

$1.26 CA$1.79

-53.97%

Taxi 1hour Waiting (Normal Tariff)

$13.01 ֏4,703

$22.03 CA$31.33

-40.94%

Gasoline (1 liter)

$1.63 ֏589

$1.22 CA$1.74

33.61%

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

$35.3K ֏12.8M

$27.6K CA$39.3K

27.76%

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

$34.2K ֏12.4M

$19.8K CA$28.2K

72.79%

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

$124 ֏44.7K

$122 CA$173

1.49%

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

$9.02 ֏3,262

$32.03 CA$45.56

-71.84%

Internet (50+ Mbps, Unlimited Data)

$24.53 ֏8,866

$47.92 CA$68.2

-48.81%

Gym Membership (Monthly)

$72.6 ֏26.2K

$38.90 CA$55.3

86.58%

Tennis Court (1 Hour on Weekend)

$36.21 ֏13.1K

$23.24 CA$33.05

55.81%

Cinema Ticket

$8.38 ֏3,028

$12.61 CA$17.94

-33.54%

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

$371 ֏134.2K

$834 CA$1,186

-55.48%

International Primary School, 1 Child (Yearly)

$10.1K ֏3.6M

$23.3K CA$33.2K

-56.93%

Jeans (Levis 501 Or Similar)

$104 ֏37.6K

$52.6 CA$74.8

97.98%

Summer Dress (H&M, Zara, etc)

$57.1 ֏20.6K

$40.26 CA$57.3

41.85%

Sport Shoes (Adidas, Nike)

$141 ֏51.0K

$96.2 CA$137

46.57%

Men's Leather Business Shoes

$162 ֏58.6K

$123 CA$175

31.93%

1-bedroom Apartment, City Center (Monthly)

$914 ֏330.6K

$1,598 CA$2,273

-42.78%

1-bedroom Apartment, Outside City Center (Monthly)

$618 ֏223.3K

$1,435 CA$2,041

-56.95%

3-bedroom Apartment, City Center (Monthly)

$1,449 ֏523.9K

$2,657 CA$3,779

-45.45%

3-bedroom Apartment, Outside City Center (Monthly)

$877 ֏316.9K

$2,096 CA$2,981

-58.18%

Buy Apartment in City Center (m2)

$3,358 ֏1.2M

$8,033 CA$11.4K

-58.20%

Buy Apartment Outside City Center (m2)

$1,529 ֏552.6K

$6,557 CA$9,327

-76.69%

Average Monthly Net Salary (After Tax)

$670 ֏242.3K

$3,743 CA$5,324

-82.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

14.36

4.47

221.25%

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

Last update for Yerevan: October 5, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Yerevan

$618 40%

Toronto

$1.4K 55.4% 132% $817

Groceries & Markets

Yerevan

$245 15.8%

Toronto

$340 13.1% 39.1% $96

Clothing & Footwear

Yerevan

$209 13.5%

Toronto

$140 5.4% 32.8% $69

Eating Out

Yerevan

$196 12.7%

Toronto

$282 10.9% 43.9% $86

Monthly Utilities & Internet

Yerevan

$157 10.2%

Toronto

$202 7.8% 28.3% $45

Sport & Entertainment

Yerevan

$89 5.8%

Toronto

$64 2.5% 28.2% $25

Getting Around

Yerevan

$30 2%

Toronto

$130 5% 326% $99

Cost Breakdown

A one-bedroom apartment in the center runs $914 in Yerevan and $1,598 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 458% 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: $63.0 in Yerevan vs $77.0 in Toronto for a mid-range dinner for two. Groceries echo the gap at $245 vs $340 per month, with Yerevan cheaper across the board.

Good to know

🇦🇲 Yerevan

🇨🇦 Toronto

🕒 Local time

06:48 6:48 AM

22:48 10:48 PM

8 h behind Yerevan

🌤 Weather

👥 Population

1,129,300 Capital

2,731,571

💱 Currency

Armenian Dram AMD ֏

Canadian Dollar CAD $

📈 Exchange rate

1,000 AMD = 2.77 USD

1,000 AMD = 2.47 EUR

1 CAD = 0.703 USD

1 CAD = 0.627 EUR

Exchange rates and currency converter

CAD, USD, EUR to AMD – Armenian Dram Converter

🇺🇸 United States Dollar ($)

🇦🇲 Armenian Dram (֏)

Armenian Dram exchange rates as of October 10, 2026: 1 USD = 361 AMD (1,000 AMD = 2.77 USD). 1 EUR = 405 AMD (1,000 AMD = 2.47 EUR).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.6 CAD (1 CAD = 0.627 EUR).

USD to AMD in detail →

On the map

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Between locations

Yerevan Toronto 9,130 km ≈ 12 h nonstop flight

From you

Yerevan
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

Yerevan vs Toronto: Cost of Living - Frequently Asked Questions

Yerevan is cheaper overall, especially in groceries, eating out, and utilities. The 60% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 458% 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: $914 in Yerevan versus $1,598 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 39% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Yerevan – a meal for two runs $63.0 versus $77.0 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,579 in Yerevan versus $2,530 in Toronto, a $2,000 budget is realistic in Yerevan but tight or insufficient in Toronto. The gap between the two cities makes Yerevan 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.

Safety-wise, Yerevan and Toronto are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Yerevan gentler on the wallet – expenses run 60% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.