Toronto Prices & Travel Costs

Last Updated: Jan 2024

Underrated by international standards, Toronto might be North America’s best functioning large city. While it isn’t as historic as Montreal or Quebec City, Toronto more than makes up for it with wonderful ethnic neighborhoods and a clean downtown entertainment center. This city is also a relative bargain to larger US cities, which makes it even nicer.

Is Toronto Expensive or Cheap?

Toronto is one of the world’s great cities and should be on everyone’s list if you can make it. Prices in Toronto are generally in line with large American cities like New York City and Los Angeles.

Toronto City Featured Image

Travel Costs to Toronto

Population 2,500,000
Area 5,200,000
Timezone UTC-5
Currency Canadian dollar
Airports Toronto Pearson International Airport (YYZ)
BACKPACKER INDEX: US$104.09
1 USD = 1.3700 CAD
133 World cities ranked cheapest to most expensive: Backpacker Index for 2024

Accommodation Costs in Toronto

Toronto Hotel Seasons

Toronto Hotel Prices

Rating Price(USD)
starstarstarstarstar31.39 - 51.09
starstarstarstarstar64.96 - 109.49
starstarstarstarstar72.26 - 201.46
starstarstarstarstar113.87 - 329.93
starstarstarstarstar262.04 - 388.32

Toronto Hostels Prices

Type Price(USD)
Hostel Bed16.06 - 27.01

Toronto Attractions Prices

Location Description Type Price(USD)
CN TowerTake the elevator up to the observation deck for amazing views and thrills. Includes movie and Motion Theater ride. For a bit more you can add on the Sky Pod, Buy online and save 15%.
adults
65+
6-13
31.39
21.90
21.90
Hockey Hall of FameCelebrate Canada's national sport by visiting its official hall of fame.
adults
65+
4-13
18.25
14.60
10.95
Toronto ZooOne of the finest zoos in the world. Prices higher May through October.
adults
65+
3-12
17.52
14.60
12.41
Royal Ontario MuseumOne of the largest and most diverse museums in North America, with art, science, and natural history in one.
adults
senior
student
19.71
15.33
14.60

Toronto Food and Drink Prices

Food Type Description Price(USD)
Budget breakfastFast food places and bakeries are some of the cheaper breakfast options.5.84 - 8.76
Budget lunchToronto has loads of great cheap ethnic restaurants near the center.7.30 - 11.68
Budget dinnerAssuming you want a sit-down dinner you can still find good budget options in most neighborhoods.11.68 - 18.25
Beer (pint)Look out for casual pubs. Nightclubs will charge much more.5.84 - 8.76

Toronto Transport Prices

Type Price(USD)
Taxi from airport to city center38.69
Public bus from airport to city center2.19
3km taxi ride in Toronto6.57 - 9.49
Subway/streetcar/bus ride in Toronto2.19
HAVE MORE INFORMATION OR AN UPDATE? SEND US YOUR TIPS.

When to visit Toronto

Temperature and rainfall

Month High F Low F Precip (inches)
January30192.4
February32212.0
March40282.6
April52392.7
May65502.9
June74592.8
July80642.7
August78633.1
September69563.3
October57452.6
November45363.0
December35252.8

Toronto Weather advice

Sunrise and sunset

21 Mar7:19am7:31pm
21 Jun5:36am9:03pm
21 Sep7:04am7:17pm
21 Dec7:48am4:43pm

Where to go before and after