How much does a day in Toronto cost?

About $92 on a lean budget, $195 mid-range and $425 in comfort, per person per day as of November 12, 2026, excluding international flights. These are modeled estimates: the national figure (Canada), updated daily, scaled by a city premium.

Is Toronto expensive compared with the rest of the country (Canada)?

Toronto costs about 15% more than the national average (Canada), which is $170 a day mid-range. Canada's largest city and its most expensive hotel market after Vancouver.

Is Toronto cheaper to visit than last year?

The exchange rate moved +1.7% for US-dollar holders over twelve months while local prices (Canada) rose +2.7%, a real change of +2.5%. City prices broadly follow the country.

When is the best time to visit Toronto for lower prices?

Canada: the shoulder months, with workable weather and lower prices, are May, October. Peak season is June, July, August, September.

The US State Department rates Canada at Level 1: Normal precautions. Country-wide levels can hide large differences between cities and regions, so read the full advisory.

Toronto

Canada's largest city and its most expensive hotel market after Vancouver.

A day in Toronto

$195

Lean: $92
Comfort: $425

Real change, 12 months

+2.5%

Slightly cheaper. Tracks the country as a whole (Canada).

Against the rest of the country (Canada)

+15%

Pricier than the national figure of $170 a day.

The short answerIn US dollars, as of November 12, 2026

Toronto: as of November 12, 2026, a mid-range day costs about $195 per person, excluding flights, which is about 15% more than the national average (Canada). For US-dollar travelers it is 2.5% cheaper than a year ago after inflation, in line with the country as a whole. Canada's largest city and its most expensive hotel market after Vancouver.

Official per diem

For business travel, the US State Department allows up to $463 a day here: $319 for lodging and $144 for meals and incidentals. It is a ceiling, usually well above what an independent traveler spends. All per diem rates for Canada

What your money buys in Canada

Exchange rates and inflation are national, so the city follows this line. The dashed line is the exchange rate alone; the solid line is after inflation.

Nov 12, 2026After inflation 105.2Exchange rate only 103.5

Index, start of window = 100. Above 100 your money buys more in Canada than it did then; below, less. Hover or drag for any month.

Toronto, in five questions

City costs are the national model scaled by a premium of +15% that we set by hand. To cite: “Trip Arbitrage (triparbitrage.com), reading of November 12, 2026.”

How much does a day in Toronto cost?: About $92 on a lean budget, $195 mid-range and $425 in comfort, per person per day as of November 12, 2026, excluding international flights. These are modeled estimates: the national figure (Canada), updated daily, scaled by a city premium.
Is Toronto expensive compared with the rest of the country (Canada)?: Toronto costs about 15% more than the national average (Canada), which is $170 a day mid-range. Canada's largest city and its most expensive hotel market after Vancouver.
Is Toronto cheaper to visit than last year?: The exchange rate moved +1.7% for US-dollar holders over twelve months while local prices (Canada) rose +2.7%, a real change of +2.5%. City prices broadly follow the country.
When is the best time to visit Toronto for lower prices?: Canada: the shoulder months, with workable weather and lower prices, are May, October. Peak season is June, July, August, September.
Is Toronto safe?: The US State Department rates Canada at Level 1: Normal precautions. Country-wide levels can hide large differences between cities and regions, so read the full advisory.

Booking a trip: Toronto

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Other cities

The short answerIn US dollars, as of November 12, 2026