Toronto

Canada · North America

Polyglot, lake-edge, quietly excellent at everything.

Best timeMay–Oct
CurrencyCAD
LanguageEnglish
Vibefood · lake · neighbourhoods
Why it stands out

What makes Toronto distinctive

  • +69% vs $279
    69% above global median

    At $471/day mid-range, Toronto runs 69% over the $279/day global median across 68 cities.

  • #1 of 3
    Cheapest in North America

    Currently the most affordable city we track in North America, at $471/day mid-range across 3 indexed destinations.

  • -27% vs region
    Notably cheap accommodation

    Accommodation runs $242/day here, about 27% below the North America average of $330/day — one of the reasons Toronto punches above its weight for daily spend.

Toronto sits well above the global median — a $471/day mid-range figure, 69% over the $279/day baseline across 68 cities. Inside North America it's ranked #1 of 3 on daily cost, 27% below the regional average of $642/day. The line item that moves the total most is accommodation at $242/day (-27% above the regional norm) — worth accounting for before you compare against another city on headline numbers alone. Season effect is roughly 47% between low and peak, in line with the global average (~47%), which is why timing the trip to may–oct shows up on nearly every itinerary that hits the numbers on this page.

Daily cost · shoulder season

Three credible numbers, depending on how you travel.

Budget
$207
per person · per day
hostels, street food
Mid-range
$471
per person · per day
hotels, sit-down meals
Luxury
$1320
per person · per day
design hotels, tasting menus

What a trip to Toronto actually costs

On a shoulder-season day in Toronto, a budget traveller spends about $207, a mid-range traveller about $471, and a luxury traveller about $1320 — per person, covering accommodation, food, local transport, activities, and miscellaneous costs. At $471/day mid-range, Toronto is more expensive than most major destinations (global median $279/day).

Time your visit for May–Oct and the daily figure stays near the baseline; shift into peak and you'll see roughly a 47% swing between low and peak season for the same mid-range trip ($400 → $589 per day).

Compared with nearby North America destinations, New York trends pricier ($728/day).

Cost breakdown

Where the money goes, per day

CategoryBudgetMid-rangeLuxury
accommodation$110$242$715
food$39$99$264
transport$13$31$77
activities$28$66$176
Misc & fees$17$33$88
Total per day$207$471$1320

Per person · USD · shoulder-season baseline

By season

When is Toronto cheapest?

SeasonBudget / dayMid / dayLuxury / day
low$176$400$1122
shoulder$207$471$1320
peak$259$589$1650

Best-value window: May–Oct

By trip length

Total cost by length of stay

LengthBudgetMid-rangeLuxury
3 days$621$1,413$3,960
7 days$1,449$3,297$9,240
14 days$2,898$6,594$18,480

On-the-ground totals · shoulder season · excludes flights and visas

FAQ

Toronto travel costs · common questions

How much does a day in Toronto cost?
Budget travellers spend around $207 per day, mid-range travellers around $471, and luxury travellers around $1320. Figures are shoulder-season, per person, in USD, and cover accommodation, food, local transport, activities, and miscellaneous costs.
Is Toronto expensive?
At $471/day mid-range in shoulder season, Toronto is more expensive than most major destinations (~$279/day). It sits inside our North America cost band.
What's the cheapest time to visit Toronto?
Low season in Toronto brings mid-range daily costs down to about $400, versus $589 in peak season — a ~47% swing. The best window weather-and-price overall is May–Oct.
How much should I budget for a week in Toronto?
Plan for roughly $1449 (budget), $3297 (mid-range), or $9240 (luxury) per person for seven days on the ground, before flights and visas. Add a 10–15% buffer.
What currency is used in Toronto?
Toronto uses the CAD. Pay in the local currency at terminals — never accept "dynamic currency conversion" into your home currency.