Toronto travel budget

Toronto: calculate your travel budget

Sample budgets for a trip to Toronto

These example budgets assume a 2-week holiday in Toronto for 2 people.

Low budget
(backpacker)

Daily budget:

  • $ 117 for 2 ppl.
  • $ 18 per person
  • $ 10 per person
  • Free activities

Total budget:

$ 2397* (3360 $)

Average budget
(traveller)

Daily budget:

  • $ 186 for 2 ppl.
  • $ 47 per person
  • $ 16 per person
  • $ 13 per person

Total budget:

$ 4707* (6580 $)

High budget
(tourist)

Daily budget:

  • $ 262 for 2 ppl.
  • $ 83 per person
  • $ 28 per person
  • $ 26 per person

Total budget:

$ 7438* (10388 $)

* estimated local budget for 2 people for 2 weeks (excluding plane tickets).



Cost of living in Toronto compared to United States in 2024

Compare with the average cost of living in:

On average, the cost of living in Toronto in 2024 is essentially identical to the average cost of living in the United States (USA).

See the graphic below for the price variation percentage by type of expense in Toronto in 2024 compared to average prices in the United States (USA):




Local prices in Toronto by expense type

Restaurant budget in Toronto

On average, budget for eating in a restaurant in Toronto is 6% cheaper than in the United States (USA).
Lunch
Lunch
$ 22/person
($ 13 to $ 36)

5% more than in the United States (USA)United States Average price in the United States (USA): $ 20
3 course dinner
3 course dinner
$ 45/person
($ 29 to $ 72)

20% more than in the United States (USA)United States Average price in the United States (USA): $ 38
McDonald's meal
McDonald's meal
$ 11/person
($ 10 to $ 13)

1% less than in the United States (USA)United States Average price in the United States (USA): $ 11
Local beer
Local beer
$ 5.7 for 500ml
($ 3.2 to $ 8.6)

4% less than in the United States (USA)United States Average price in the United States (USA): $ 5.9
Imported beer
Imported beer
$ 2.8 for 330ml
($ 2.1 to $ 5)

21% less than in the United States (USA)United States Average price in the United States (USA): $ 3.5
Cappuccino
Cappuccino
$ 4/cup
($ 2.5 to $ 5.7)

21% less than in the United States (USA)United States Average price in the United States (USA): $ 5.1
Fizzy drink
Fizzy drink
$ 2.2/can
($ 1.6 to $ 3.6)

13% less than in the United States (USA)United States Average price in the United States (USA): $ 2.5
Water bottle
Water bottle
$ 1.7/bottle
($ 1.4 to $ 3.6)

16% less than in the United States (USA)United States Average price in the United States (USA): $ 2

Hotel and accommodation budget in Toronto

On average, hotel and accommodation budget in Toronto is 4% more expensive than in the United States (USA).
1-star hotel
1-star hotel
$ 179/night
($ 67 to $ 519)

7% more than in the United States (USA)United States Average price in the United States (USA): $ 169
2-star hotel
2-star hotel
$ 170/night
($ 64 to $ 765)

12% more than in the United States (USA)United States Average price in the United States (USA): $ 153
3-star hotel
3-star hotel
$ 201/night
($ 81 to $ 786)

10% less than in the United States (USA)United States Average price in the United States (USA): $ 225
4-star hotel
4-star hotel
$ 322/night
($ 107 to $ 792)

6% more than in the United States (USA)United States Average price in the United States (USA): $ 306
5-star hotel
5-star hotel
$ 387/night
($ 207 to $ 876)

11% less than in the United States (USA)United States Average price in the United States (USA): $ 438
Hostel/Youth Hostel
Hostel/Youth Hostel
$ 179/month
($ 70 to $ 492)

10% more than in the United States (USA)United States Average price in the United States (USA): $ 163
Room with kitchen
Room with kitchen
$ 267/month
($ 75 to $ 1007)

13% more than in the United States (USA)United States Average price in the United States (USA): $ 237
Hotel with swimming pool
Hotel with swimming pool
$ 244/month
($ 104 to $ 884)

20% more than in the United States (USA)United States Average price in the United States (USA): $ 205
Cottage or guest house
Cottage or guest house
$ 179/month
($ 73 to $ 487)

19% less than in the United States (USA)United States Average price in the United States (USA): $ 222
Family room
Family room
$ 233/month
($ 83 to $ 849)

16% more than in the United States (USA)United States Average price in the United States (USA): $ 203

Supermarket food budget in Toronto

On average, the price of supermarket food in Toronto is 8% more expensive than in the United States (USA).
Milk
Milk
$ 3.2/litre
($ 1.4 to $ 4.7)

205% more than in the United States (USA)United States Average price in the United States (USA): $ 1
Bread
Bread
$ 2.8/500g
($ 1.8 to $ 4.2)

21% less than in the United States (USA)United States Average price in the United States (USA): $ 3.5
Rice
Rice
$ 3.3/kg
($ 1.6 to $ 7.1)

26% less than in the United States (USA)United States Average price in the United States (USA): $ 4.5
Eggs
Eggs
$ 3.4/12 eggs
($ 2.4 to $ 5)

8% less than in the United States (USA)United States Average price in the United States (USA): $ 3.7
Chicken
Chicken
$ 13/kg
($ 7.1 to $ 20)

4% more than in the United States (USA)United States Average price in the United States (USA): $ 12
Apples
Apples
$ 3.8/kg
($ 1.6 to $ 5)

26% less than in the United States (USA)United States Average price in the United States (USA): $ 5.2
Tomatoes
Tomatoes
$ 3.9/kg
($ 2.1 to $ 7.1)

19% less than in the United States (USA)United States Average price in the United States (USA): $ 4.8
Potatoes
Potatoes
$ 2.3/kg
($ 0.7 to $ 4.7)

19% less than in the United States (USA)United States Average price in the United States (USA): $ 2.9
Water bottle
Water bottle
$ 1.7
($ 0.8 to $ 3.1)

21% less than in the United States (USA)United States Average price in the United States (USA): $ 2.2

Public and private transport budget in Toronto

On average, the price of transport in Toronto is essentially the same as in the United States (USA).
Bus ticket
Bus ticket
$ 2.4/ticket
($ 2.3 to $ 2.9)

3% less than in the United States (USA)United States Average price in the United States (USA): $ 2.5
Taxi (per km)
Taxi (per km)
$ 1.4/km
($ 1.3 to $ 3.6)

16% less than in the United States (USA)United States Average price in the United States (USA): $ 1.7
Petrol
Petrol
$ 1.2/litre
($ 1.1 to $ 1.3)

22% more than in the United States (USA)United States Average price in the United States (USA): $ 0.9
Taxi (initial pick-up charge)
Taxi (initial pick-up charge)
$ 3.6
($ 2.9 to $ 5.7)

2% less than in the United States (USA)United States Average price in the United States (USA): $ 3.6
Car hire
Car hire
$ 63/24hrs
($ 35 to $ 121)

11% less than in the United States (USA)United States Average price in the United States (USA): $ 71

Leisure activity budget in Toronto

On average, budget for leisure activities in Toronto is 8% cheaper than in the United States (USA).
Cinema
Cinema
$ 13/ticket
($ 11 to $ 18)

7% less than in the United States (USA)United States Average price in the United States (USA): $ 14
Tennis
Tennis
$ 20/hr
($ 7.1 to $ 29)

9% less than in the United States (USA)United States Average price in the United States (USA): $ 21

Budget for clothes and price of cigarettes in Toronto

On average, shopping budget in Toronto is 17% more expensive than in the United States (USA).
Cigarettes
Cigarettes
$ 15/pack
($ 11 to $ 18)

44% more than in the United States (USA)United States Average price in the United States (USA): $ 10
Levi's jeans
Levi's jeans
$ 60
($ 29 to $ 94)

14% more than in the United States (USA)United States Average price in the United States (USA): $ 52
Summer dress
Summer dress
$ 41
($ 29 to $ 58)

7% less than in the United States (USA)United States Average price in the United States (USA): $ 43

Plane ticket budget

New York City → Toronto
New York City → Toronto
New York City → Toronto
$ 283
(fair price: $ 234)
Vancouver → Toronto
Vancouver → Toronto
Vancouver → Toronto
$ 271
(fair price: $ 188)
Calgary → Toronto
Calgary → Toronto
Calgary → Toronto
$ 297
(fair price: $ 200)
Montreal → Toronto
Montreal → Toronto
Montreal → Toronto
$ 306
(fair price: $ 260)
Sydney → Toronto
Sydney → Toronto
Sydney → Toronto
$ 1506
(fair price: $ 1309)
Melbourne → Toronto
Melbourne → Toronto
Melbourne → Toronto
$ 1675
(fair price: $ 1437)

Book a flight Flight prices to Toronto




About this information on the cost of living in Toronto

The information about the cost of living in Toronto shown on this page comes from multiple sources, including: Numbeo, Skyscanner and Hotels.com.

The information about the cost of living in Toronto was updated on 11-11-2024.

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