Travel budget and cost of living in Toronto (Canada) how much does a trip cost?

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.

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

Cost of living in Toronto compared to United States in 2024

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

Lunch

$ 22/person
($ 13 to $ 36)

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5% more than in the United States (USA) Average price in the United States (USA): $ 20

3 course dinner

$ 45/person
($ 29 to $ 72)

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20% more than in the United States (USA) Average price in the United States (USA): $ 38

McDonald's meal

$ 11/person
($ 10 to $ 13)

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1% less than in the United States (USA) Average price in the United States (USA): $ 11

Local beer

$ 5.7 for 500ml
($ 3.2 to $ 8.6)

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4% less than in the United States (USA) Average price in the United States (USA): $ 5.9

Imported beer

$ 2.8 for 330ml
($ 2.1 to $ 5)

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21% less than in the United States (USA) Average price in the United States (USA): $ 3.5

Cappuccino

$ 4/cup
($ 2.5 to $ 5.7)

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21% less than in the United States (USA) Average price in the United States (USA): $ 5.1

Fizzy drink

$ 2.2/can
($ 1.6 to $ 3.6)

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13% less than in the United States (USA) Average price in the United States (USA): $ 2.5

Water bottle

$ 1.7/bottle
($ 1.4 to $ 3.6)

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

Hotel and accommodation budget in Toronto

1-star hotel

$ 179/night
($ 67 to $ 519)

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7% more than in the United States (USA) Average price in the United States (USA): $ 169

2-star hotel

$ 170/night
($ 64 to $ 765)

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12% more than in the United States (USA) Average price in the United States (USA): $ 153

3-star hotel

$ 201/night
($ 81 to $ 786)

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10% less than in the United States (USA) Average price in the United States (USA): $ 225

4-star hotel

$ 322/night
($ 107 to $ 792)

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6% more than in the United States (USA) Average price in the United States (USA): $ 306

5-star hotel

$ 387/night
($ 207 to $ 876)

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11% less than in the United States (USA) Average price in the United States (USA): $ 438

Hostel/Youth Hostel

$ 179/month
($ 70 to $ 492)

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10% more than in the United States (USA) Average price in the United States (USA): $ 163

Room with kitchen

$ 267/month
($ 75 to $ 1007)

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13% more than in the United States (USA) Average price in the United States (USA): $ 237

Hotel with swimming pool

$ 244/month
($ 104 to $ 884)

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20% more than in the United States (USA) Average price in the United States (USA): $ 205

Cottage or guest house

$ 179/month
($ 73 to $ 487)

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19% less than in the United States (USA) Average price in the United States (USA): $ 222

Family room

$ 233/month
($ 83 to $ 849)

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

Supermarket food budget in Toronto

Milk

$ 3.2/litre
($ 1.4 to $ 4.7)

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205% more than in the United States (USA) Average price in the United States (USA): $ 1

Bread

$ 2.8/500g
($ 1.8 to $ 4.2)

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21% less than in the United States (USA) Average price in the United States (USA): $ 3.5

Rice

$ 3.3/kg
($ 1.6 to $ 7.1)

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26% less than in the United States (USA) Average price in the United States (USA): $ 4.5

Eggs

$ 3.4/12 eggs
($ 2.4 to $ 5)

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8% less than in the United States (USA) Average price in the United States (USA): $ 3.7

Chicken

$ 13/kg
($ 7.1 to $ 20)

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4% more than in the United States (USA) Average price in the United States (USA): $ 12

Apples

$ 3.8/kg
($ 1.6 to $ 5)

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26% less than in the United States (USA) Average price in the United States (USA): $ 5.2

Tomatoes

$ 3.9/kg
($ 2.1 to $ 7.1)

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19% less than in the United States (USA) Average price in the United States (USA): $ 4.8

Potatoes

$ 2.3/kg
($ 0.7 to $ 4.7)

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19% less than in the United States (USA) Average price in the United States (USA): $ 2.9

Water bottle

$ 1.7
($ 0.8 to $ 3.1)

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

Public and private transport budget in Toronto

Bus ticket

$ 2.4/ticket
($ 2.3 to $ 2.9)

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3% less than in the United States (USA) Average price in the United States (USA): $ 2.5

Taxi (per km)

$ 1.4/km
($ 1.3 to $ 3.6)

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16% less than in the United States (USA) Average price in the United States (USA): $ 1.7

Petrol

$ 1.2/litre
($ 1.1 to $ 1.3)

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22% more than in the United States (USA) Average price in the United States (USA): $ 0.9

Taxi (initial pick-up charge)

$ 3.6
($ 2.9 to $ 5.7)

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2% less than in the United States (USA) Average price in the United States (USA): $ 3.6

Car hire

$ 63/24hrs
($ 35 to $ 121)

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

Leisure activity budget in Toronto

Cinema

$ 13/ticket
($ 11 to $ 18)

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7% less than in the United States (USA) Average price in the United States (USA): $ 14

Tennis

$ 20/hr
($ 7.1 to $ 29)

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

Budget for clothes and price of cigarettes in Toronto

Cigarettes

$ 15/pack
($ 11 to $ 18)

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44% more than in the United States (USA) Average price in the United States (USA): $ 10

Levi's jeans

$ 60
($ 29 to $ 94)

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14% more than in the United States (USA) Average price in the United States (USA): $ 52

Summer dress

$ 41
($ 29 to $ 58)

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

Plane ticket budget

New York City → Toronto

$ 283
(fair price: $ 234)

Vancouver → Toronto

$ 271
(fair price: $ 188)

Calgary → Toronto

$ 297
(fair price: $ 200)

Montreal → Toronto

$ 306
(fair price: $ 260)

Sydney → Toronto

$ 1506
(fair price: $ 1309)

Melbourne → Toronto

$ 1675
(fair price: $ 1437)

Book a flight Flight prices to Toronto