Cost of Living in Balboa vs Toronto

Cost of living in Balboa is 43% lower than in Toronto (without rent).

Rent in Balboa is 57% cheaper than in Toronto.

Cost of living including rent in Balboa is 51% lower than in Toronto.

Food in Balboa is 29% cheaper than in Toronto.

Transport in Balboa is 85% cheaper than in Toronto.

Balboa vs. Toronto Comparision

Balboa Toronto
Cost of Living, including rent
1,249 $
2,575 $
Without Rent
580 $
1,024 $
Rent & Utilities
669 $
1,551 $
Food
442 $
626 $
Transport
38 $
255 $
Monthly Salary, after tax
862 $
3,590 $
Quality of Life
47
94
Population
62.9K
2.8M

Compare other cities?

Balboa Toronto

Restaurants

Lunch menu,
inexpensive restaurant
11.4 $ 16.4 $
Dinner, for 2 55.8 $ 81.8 $
Fast food, McDonalds or KFC 7.67 $ 11 $
Beer, 0.5 L or 16 fl oz 2.86 $ 6.33 $
Capuccino 4.08 $ 4.66 $
Coke, 330ml 1.91 $ 2.14 $

Markets

Milk, 1 L or 1 qt 1.73 $ 3.15 $
Bread, 0.5 kg or 1 lb 2.23 $ 2.6 $
Rice, 1 kg or 2 lb 2.26 $ 3.08 $
Eggs, 12 pack 2.66 $ 3.95 $
Cheese, 1 kg or 2 lb 12.9 $ 14 $
Chicken Breast, 1 kg or 2 lb 7.36 $ 13 $
Round Steak, 1 kg or 2 lb 10.1 $ 14 $
Apples, 1 kg or 2 lb 3.24 $ 4.01 $
Banana, 1 kg or 2 lb 1.54 $ 1.46 $
Oranges, 1 kg or 2 lb 3.05 $ 3.58 $
Potatoes, 1 kg or 2 lb 2.19 $ 2.57 $
Onions, 1 kg or 2 lb 2.49 $ 2.82 $
Water, 1 L or 1 qt 1.01 $ 1.24 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.44 $ 2.48 $
Wine, 750 mL bottle 8.93 $ 14.7 $
Beer, 0.5 L or 16 fl oz 1.13 $ 2.7 $
Cigarette pack 5.94 $ 14.1 $

Transport

Local transport ticket, One-way Ticket 0.39 $ 2.46 $
Monthly pass, Monthly Ticket 28.3 $ 119 $
Gas or petrol, 1 L or 0.26 gal 1.02 $ 1.15 $
Taxi, 8 km 14.6 $ 16.3 $

Personal Care

Doctor visit, private clinic 46.7 $ 69.6 $
Cold medicine, for 1 week 10.9 $ 13.9 $
Hair shampoo, 400 ml or 12 oz 6.51 $ 7.04 $
Toilet paper, 4 rolls 2.97 $ 3.36 $
Toothpaste, 1 tube 2.86 $ 3.37 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
77.5 $ 80.8 $
Utility bill - family,
electricity, heating, water & garbage
118 $ 124 $
Internet plan,
+60 Mbps
47.9 $ 50.5 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 493 $ 1,358 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,015 $ 2,388 $
1 Bedroom Apartment, in city center, 40 sq.m 745 $ 1,664 $
3 Bedroom Apartment, in city center, 85 sq.m 1,558 $ 2,901 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,284 $ 10,232 $
Price per Square Meter to Buy House, in suburbs 1,473 $ 8,102 $

Salaries and Financing

Average Monthly Net Salary, after tax 862 $ 3,590 $
Mortgage Interest Rate, for 20 years fixed-rate 6.27 % 6.43 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 41.2 $ 56.8 $
Cinema, 1 seat 6.62 $ 13.3 $
Haircut 12.4 $ 23.3 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 88.6 $ 99.9 $
Brand Jeans, Levis 501 53.2 $ 58.7 $

Childcare

Preschool, full day, monthly for 1 child 436 $ 1,200 $
International Primary School, yearly for 1 child 9,387 $ 18,156 $