Cost of Living Comparison Between Charlotte, NC and Toronto 

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Indices DifferenceInfo
Cost of Living in Toronto is 12.3% lower than in Charlotte, NC (without rent)
Cost of Living Including Rent in Toronto is 12.4% lower than in Charlotte, NC
Rent Prices in Toronto are 12.6% lower than in Charlotte, NC
Restaurant Prices in Toronto are 5.7% lower than in Charlotte, NC
Groceries Prices in Toronto are 16.8% lower than in Charlotte, NC
Local Purchasing Power in Toronto is 13.5% lower than in Charlotte, NC
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Charlotte, NC Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 20.00 $
(27.50 C$)
18.18 $
(25.00 C$)
     -9.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 87.50 $
(120.32 C$)
87.27 $
(120.00 C$)
     -0.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $
(15.13 C$)
10.91 $
(15.00 C$)
     -0.8 %
Domestic Beer (1 pint draught) 6.00 $
(8.25 C$)
5.82 $
(8.00 C$)
     -3.0 %
Imported Beer (12 oz small bottle) 7.00 $
(9.63 C$)
7.27 $
(10.00 C$)
     +3.9 %
Cappuccino (regular) 4.85 $
(6.67 C$)
3.92 $
(5.39 C$)
     -19.2 %
Coke/Pepsi (12 oz small bottle) 2.42 $
(3.32 C$)
2.06 $
(2.84 C$)
     -14.6 %
Water (12 oz small bottle) 1.99 $
(2.74 C$)
1.60 $
(2.20 C$)
     -19.6 %
Markets
Charlotte, NC Edit Toronto Edit
Milk (regular), (1 gallon) 4.08 $
(5.61 C$)
11.37 $
(15.63 C$)
     +178.8 %
Loaf of Fresh White Bread (1 lb) 3.49 $
(4.80 C$)
2.51 $
(3.45 C$)
     -28.2 %
Rice (white), (1 lb) 2.85 $
(3.92 C$)
1.51 $
(2.08 C$)
     -47.0 %
Eggs (regular) (12) 3.94 $
(5.42 C$)
3.31 $
(4.55 C$)
     -16.1 %
Local Cheese (1 lb) 6.58 $
(9.05 C$)
5.08 $
(6.99 C$)
     -22.7 %
Chicken Fillets (1 lb) 5.82 $
(8.01 C$)
5.68 $
(7.82 C$)
     -2.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.77 $
(13.43 C$)
6.22 $
(8.55 C$)
     -36.3 %
Apples (1 lb) 3.13 $
(4.31 C$)
1.72 $
(2.36 C$)
     -45.2 %
Banana (1 lb) 0.75 $
(1.03 C$)
0.68 $
(0.93 C$)
     -10.2 %
Oranges (1 lb) 2.85 $
(3.92 C$)
1.71 $
(2.36 C$)
     -39.9 %
Tomato (1 lb) 2.15 $
(2.95 C$)
1.67 $
(2.30 C$)
     -22.2 %
Potato (1 lb) 1.58 $
(2.17 C$)
1.15 $
(1.59 C$)
     -26.7 %
Onion (1 lb) 1.51 $
(2.08 C$)
1.24 $
(1.70 C$)
     -18.4 %
Lettuce (1 head) 1.77 $
(2.44 C$)
2.22 $
(3.05 C$)
     +25.1 %
Water (1.5 liter bottle) 1.90 $
(2.61 C$)
1.72 $
(2.37 C$)
     -9.0 %
Bottle of Wine (Mid-Range) 13.00 $
(17.88 C$)
13.09 $
(18.00 C$)
     +0.7 %
Domestic Beer (0.5 liter bottle) 1.73 $
(2.38 C$)
2.46 $
(3.39 C$)
     +42.4 %
Imported Beer (12 oz small bottle) 3.88 $
(5.33 C$)
2.64 $
(3.64 C$)
     -31.8 %
Cigarettes 20 Pack (Marlboro) 8.00 $
(11.00 C$)
14.54 $
(20.00 C$)
     +81.8 %
Transportation
Charlotte, NC Edit Toronto Edit
One-way Ticket (Local Transport) 2.25 $
(3.09 C$)
2.44 $
(3.35 C$)
     +8.3 %
Monthly Pass (Regular Price) 120.00 $
(165.01 C$)
113.45 $
(156.00 C$)
     -5.5 %
Taxi Start (Normal Tariff) 3.00 $
(4.13 C$)
3.64 $
(5.00 C$)
     +21.2 %
Taxi 1 mile (Normal Tariff) 4.00 $
(5.50 C$)
2.05 $
(2.82 C$)
     -48.8 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(41.25 C$)
24.00 $
(33.00 C$)
     -20.0 %
Gasoline (1 gallon) 3.24 $
(4.46 C$)
4.38 $
(6.02 C$)
     +34.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,000.00 $
(46,751.70 C$)
24,789.64 $
(34,087.00 C$)
     -27.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,893.65 $
(34,230.02 C$)
22,063.02 $
(30,337.76 C$)
     -11.4 %
Utilities (Monthly)
Charlotte, NC Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 179.39 $
(246.67 C$)
115.30 $
(158.55 C$)
     -35.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.71 $
(61.48 C$)
44.93 $
(61.78 C$)
     +0.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 72.78 $
(100.07 C$)
52.24 $
(71.84 C$)
     -28.2 %
Sports And Leisure
Charlotte, NC Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 39.00 $
(53.63 C$)
50.94 $
(70.05 C$)
     +30.6 %
Tennis Court Rent (1 Hour on Weekend) 20.00 $
(27.50 C$)
19.60 $
(26.95 C$)
     -2.0 %
Cinema, International Release, 1 Seat 14.50 $
(19.93 C$)
13.09 $
(18.00 C$)
     -9.7 %
Childcare
Charlotte, NC Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,455.50 $
(2,001.39 C$)
1,066.98 $
(1,467.15 C$)
     -26.7 %
International Primary School, Yearly for 1 Child 26,280.00 $
(36,136.31 C$)
18,241.76 $
(25,083.33 C$)
     -30.6 %
Clothing And Shoes
Charlotte, NC Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 59.81 $
(82.24 C$)
58.70 $
(80.72 C$)
     -1.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 49.00 $
(67.38 C$)
36.92 $
(50.76 C$)
     -24.7 %
1 Pair of Nike Running Shoes (Mid-Range) 109.33 $
(150.34 C$)
99.15 $
(136.34 C$)
     -9.3 %
1 Pair of Men Leather Business Shoes 129.87 $
(178.58 C$)
119.12 $
(163.79 C$)
     -8.3 %
Rent Per Month
Charlotte, NC Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,983.33 $
(2,727.18 C$)
1,819.12 $
(2,501.38 C$)
     -8.3 %
Apartment (1 bedroom) Outside of Centre 1,740.17 $
(2,392.82 C$)
1,571.26 $
(2,160.56 C$)
     -9.7 %
Apartment (3 bedrooms) in City Centre 4,195.38 $
(5,768.86 C$)
3,230.07 $
(4,441.51 C$)
     -23.0 %
Apartment (3 bedrooms) Outside of Centre 2,690.36 $
(3,699.38 C$)
2,648.76 $
(3,642.17 C$)
     -1.5 %
Buy Apartment Price
Charlotte, NC Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 409.18 $
(562.65 C$)
933.98 $
(1,284.27 C$)
     +128.3 %
Price per Square Feet to Buy Apartment Outside of Centre 257.26 $
(353.74 C$)
723.36 $
(994.66 C$)
     +181.2 %
Salaries And Financing
Charlotte, NC Edit Toronto Edit
Average Monthly Net Salary (After Tax) 4,590.88 $
(6,312.68 C$)
3,477.43 $
(4,781.64 C$)
     -24.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.46 6.45      -0.2 %
Last update: June 2024June 2024
Contributors in the past 12 months:82777