Canada · tool
How much does Toronto cost?
Daily budget breakdown across three tiers — so you can realistically plan your Toronto trip before you book anything.
Toronto, Canada travel budget
Realistic daily cost per person across three spending tiers. All figures in USD.
Budget
Hostels, street food, public transit
Hostel dorm or budget Airbnb private room.
Street food, food courts, and casual cafes.
PRESTO card for TTC (subway, streetcar, bus).
Free attractions, walking tours, exploring neighborhoods.
Souvenirs, occasional treats.
Mid-range
3-star hotels, mix of restaurants, some taxis
3-4 star hotel or well-located Airbnb.
Mix of casual restaurants and mid-range dining.
Taxis, ride-sharing, occasional Ubers.
Museums, galleries, paid attractions, maybe a show.
Shopping, drinks, incidentals.
Luxury
4-5 star hotels, premium dining, private transfers
5-star hotel or luxury condo rental.
Fine dining, tasting menus, premium bars.
Private car service, airport transfers.
Premium tours, private experiences, theatre tickets.
High-end shopping, spa treatments.
Destination-specific money tips
- •Debit cards with Interac are widely accepted and often give better exchange rates than credit cards for cash withdrawals.
- •While credit cards (Visa, Mastercard, Amex) are common, always ask smaller businesses if they accept them, as some may be cash-only.
- •Tipping 15-20% is standard for restaurant servers, bartenders, hairdressers, and taxi drivers. It's a significant part of their income.
- •Toronto's CN Tower and Ripley's Aquarium can be pricey; look for combo tickets or consider visiting during off-peak hours.
- •Exploring neighborhoods like Kensington Market or the Distillery District offers a lot to see and do for free or cheap.