Earn Here, Spend ThereWhat is this money worth over there?
Compare cities โบ Toronto vs Vancouver
Toronto vs Vancouver cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated September 2026
๐จ๐ฆ Toronto
๐จ๐ฆ VancouverVancouver is 12% cheaper than Toronto
Living on $6,502 a month in Toronto feels like about $6,022 in Vancouver โ same standard of living, compared by feel rather than exchange rate.
Per day
$340 vs $283
Per month
$6,502 vs $6,022
Local meal
C$ 22 vs C$ 20
$16.2 vs $14.7
Taxi 5 km
C$ 22 vs C$ 16
$16.2 vs $11.8
At a glance
FoodVancouver 13% cheaper
Cafรฉs & drinksVancouver 9% cheaper
TransportVancouver 12% cheaper
StayVancouver 10% cheaper
Funsimilar
- Where Vancouver is clearly cheaper: Taxi (27%โ), Restaurant dinner (21%โ), Hotel night (15%โ)
Item by item
| Item | Toronto | Vancouver | Cheaper |
|---|---|---|---|
| Local mealper person | C$ 22$16.2 | C$ 20$14.7 | Vancouver โ9% |
| Street food1 item | C$ 9.9$7.28 | C$ 9$6.62 | Vancouver โ9% |
| Restaurant dinnerper person | C$ 57$41.9 | C$ 45$33.1 | Vancouver โ21% |
| Coffeeone cup | C$ 6$4.41 | C$ 5.5$4.04 | Vancouver โ8% |
| Beerone bottle | C$ 9$6.62 | C$ 8$5.88 | Vancouver โ11% |
| Cocktail & wineone cup | C$ 23$16.9 | C$ 21$15.4 | Vancouver โ9% |
| Bottled water | C$ 2.5$1.84 | C$ 2.5$1.84 | similar |
| Convenience store1 snack or drink | C$ 6.3$4.63 | C$ 6.3$4.63 | similar |
| Taxi5 km in town | C$ 22$16.2 | C$ 16$11.8 | Vancouver โ27% |
| Tuk-tuk / moto taxishort hop | C$ 16$11.8 | C$ 16$11.8 | similar |
| Transitone ride | C$ 3.5$2.57 | C$ 3.2$2.35 | Vancouver โ9% |
| Scooter rentalper day | C$ 68$50 | C$ 68$50 | similar |
| Hotel night3-star | C$ 260$191 | C$ 220$162 | Vancouver โ15% |
| Studio rent (month) | C$ 2,600$1,912 | C$ 2,500$1,838 | similar |
| Laundry | C$ 5.5$4.04 | C$ 5.5$4.04 | similar |
| SIM card1 week data | C$ 34$25 | C$ 34$25 | similar |
| Haircutcut | C$ 39$28.7 | C$ 39$28.7 | similar |
| Massage1 hour | C$ 110$80.9 | C$ 110$80.9 | similar |
| Half-day tourper person | C$ 110$80.9 | C$ 110$80.9 | similar |
| Entry ticketTourist town | C$ 30$22.1 | C$ 30$22.1 | similar |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
FAQ
Which is cheaper, Toronto or Vancouver?
Vancouver is 12% cheaper than Toronto. Daily budget $340 vs $283; a month $6,502 vs $6,022.
How do monthly costs compare between Toronto and Vancouver?
With a short-term studio and living costs, Toronto is about $6,502 and Vancouver about $6,022 per month.
Where do the numbers come from?
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.