Cost of Living Comparison Between Charlotte, NC and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 9.7% lower than in Charlotte, NC (without rent)
Cost of Living Including Rent in Toronto is 11.1% lower than in Charlotte, NC
Rent Prices in Toronto are 13.1% lower than in Charlotte, NC
Restaurant Prices in Toronto are 2.1% higher than in Charlotte, NC
Groceries Prices in Toronto are 13.9% lower than in Charlotte, NC
Local Purchasing Power in Toronto is 19.2% lower than in Charlotte, NC
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Charlotte, NC Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 18.00 $
(24.58 C$)
18.31 $
(25.00 C$)
     +1.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $
(109.25 C$)
87.87 $
(120.00 C$)
     +9.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $
(15.02 C$)
10.98 $
(15.00 C$)
     -0.1 %
Domestic Beer (1 pint draught) 6.00 $
(8.19 C$)
5.93 $
(8.10 C$)
     -1.2 %
Imported Beer (12 oz small bottle) 7.00 $
(9.56 C$)
7.32 $
(10.00 C$)
     +4.6 %
Cappuccino (regular) 4.87 $
(6.65 C$)
3.97 $
(5.42 C$)
     -18.5 %
Coke/Pepsi (12 oz small bottle) 2.43 $
(3.31 C$)
2.18 $
(2.97 C$)
     -10.3 %
Water (12 oz small bottle) 1.99 $
(2.72 C$)
1.62 $
(2.22 C$)
     -18.4 %
Markets
Charlotte, NC Edit Toronto Edit
Milk (regular), (1 gallon) 3.98 $
(5.44 C$)
11.75 $
(16.04 C$)
     +195.1 %
Loaf of Fresh White Bread (1 lb) 3.46 $
(4.72 C$)
2.55 $
(3.48 C$)
     -26.4 %
Rice (white), (1 lb) 2.40 $
(3.27 C$)
1.57 $
(2.15 C$)
     -34.4 %
Eggs (regular) (12) 3.94 $
(5.38 C$)
3.57 $
(4.88 C$)
     -9.4 %
Local Cheese (1 lb) 5.68 $
(7.76 C$)
5.34 $
(7.29 C$)
     -6.0 %
Chicken Fillets (1 lb) 6.38 $
(8.71 C$)
5.77 $
(7.88 C$)
     -9.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.05 $
(13.72 C$)
6.43 $
(8.79 C$)
     -35.9 %
Apples (1 lb) 3.13 $
(4.28 C$)
1.75 $
(2.39 C$)
     -44.1 %
Banana (1 lb) 0.76 $
(1.03 C$)
0.69 $
(0.94 C$)
     -9.0 %
Oranges (1 lb) 2.82 $
(3.85 C$)
1.80 $
(2.46 C$)
     -36.3 %
Tomato (1 lb) 2.09 $
(2.85 C$)
1.70 $
(2.32 C$)
     -18.5 %
Potato (1 lb) 1.58 $
(2.15 C$)
1.21 $
(1.66 C$)
     -22.9 %
Onion (1 lb) 1.56 $
(2.13 C$)
1.26 $
(1.72 C$)
     -19.5 %
Lettuce (1 head) 1.80 $
(2.46 C$)
2.31 $
(3.15 C$)
     +28.0 %
Water (1.5 liter bottle) 1.90 $
(2.59 C$)
1.77 $
(2.42 C$)
     -6.4 %
Bottle of Wine (Mid-Range) 15.00 $
(20.48 C$)
13.91 $
(19.00 C$)
     -7.2 %
Domestic Beer (0.5 liter bottle) 1.73 $
(2.36 C$)
2.57 $
(3.51 C$)
     +48.5 %
Imported Beer (12 oz small bottle) 3.88 $
(5.29 C$)
2.78 $
(3.80 C$)
     -28.3 %
Cigarettes 20 Pack (Marlboro) 8.00 $
(10.93 C$)
14.64 $
(20.00 C$)
     +83.1 %
Transportation
Charlotte, NC Edit Toronto Edit
One-way Ticket (Local Transport) 2.25 $
(3.07 C$)
2.45 $
(3.35 C$)
     +9.0 %
Monthly Pass (Regular Price) 120.00 $
(163.88 C$)
114.23 $
(156.00 C$)
     -4.8 %
Taxi Start (Normal Tariff) 5.00 $
(6.83 C$)
3.66 $
(5.00 C$)
     -26.8 %
Taxi 1 mile (Normal Tariff) 8.00 $
(10.93 C$)
2.06 $
(2.82 C$)
     -74.2 %
Taxi 1hour Waiting (Normal Tariff) 36.50 $
(49.85 C$)
22.70 $
(31.00 C$)
     -37.8 %
Gasoline (1 gallon) 3.22 $
(4.39 C$)
4.49 $
(6.13 C$)
     +39.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,000.00 $
(46,432.41 C$)
25,152.69 $
(34,350.00 C$)
     -26.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,893.65 $
(33,996.24 C$)
22,892.48 $
(31,263.32 C$)
     -8.0 %
Utilities (Monthly)
Charlotte, NC Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 180.95 $
(247.12 C$)
116.00 $
(158.42 C$)
     -35.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.71 $
(61.06 C$)
46.89 $
(64.04 C$)
     +4.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 72.78 $
(99.39 C$)
53.69 $
(73.32 C$)
     -26.2 %
Sports And Leisure
Charlotte, NC Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 29.80 $
(40.70 C$)
52.93 $
(72.29 C$)
     +77.6 %
Tennis Court Rent (1 Hour on Weekend) 20.00 $
(27.31 C$)
21.32 $
(29.11 C$)
     +6.6 %
Cinema, International Release, 1 Seat 15.00 $
(20.48 C$)
13.18 $
(18.00 C$)
     -12.1 %
Childcare
Charlotte, NC Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,455.50 $
(1,987.72 C$)
1,144.73 $
(1,563.31 C$)
     -21.4 %
International Primary School, Yearly for 1 Child 26,280.00 $
(35,889.52 C$)
18,281.60 $
(24,966.43 C$)
     -30.4 %
Clothing And Shoes
Charlotte, NC Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 59.81 $
(81.67 C$)
61.74 $
(84.31 C$)
     +3.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.80 $
(63.91 C$)
37.57 $
(51.31 C$)
     -19.7 %
1 Pair of Nike Running Shoes (Mid-Range) 107.30 $
(146.53 C$)
101.45 $
(138.55 C$)
     -5.4 %
1 Pair of Men Leather Business Shoes 129.87 $
(177.36 C$)
122.09 $
(166.74 C$)
     -6.0 %
Rent Per Month
Charlotte, NC Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,983.33 $
(2,708.56 C$)
1,849.15 $
(2,525.31 C$)
     -6.8 %
Apartment (1 bedroom) Outside of Centre 1,756.31 $
(2,398.52 C$)
1,576.62 $
(2,153.12 C$)
     -10.2 %
Apartment (3 bedrooms) in City Centre 4,328.33 $
(5,911.03 C$)
3,285.81 $
(4,487.30 C$)
     -24.1 %
Apartment (3 bedrooms) Outside of Centre 2,728.08 $
(3,725.62 C$)
2,667.44 $
(3,642.81 C$)
     -2.2 %
Buy Apartment Price
Charlotte, NC Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 409.18 $
(558.80 C$)
954.18 $
(1,303.09 C$)
     +133.2 %
Price per Square Feet to Buy Apartment Outside of Centre 257.26 $
(351.33 C$)
746.83 $
(1,019.91 C$)
     +190.3 %
Salaries And Financing
Charlotte, NC Edit Toronto Edit
Average Monthly Net Salary (After Tax) 4,729.38 $
(6,458.73 C$)
3,397.20 $
(4,639.42 C$)
     -28.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 6.53      +1.2 %
Last update: May 2024May 2024
Contributors in the past 12 months:80782