Cost of living comparison

compared to

Anchorage vs. Toronto Cost of Living Summary

Anchorage is 24.8% more expensive than Toronto.

Restaurants
pay 44.7% more in Anchorage
Groceries
pay 43.4% more in Anchorage
Transportation
pay 4.9% less in Anchorage
Housing
pay 31.1% more in Anchorage
Childcare
pay 19.3% less in Anchorage
Entertainment and Sports
pay 49.5% more in Anchorage
Clothing
pay 5.8% more in Anchorage

The cost of entertainment and sports, restaurants, groceries, housing, and clothing in Anchorage are more expensive than in Toronto. Expenses including childcare and transportation are lower in Anchorage.

Anchorage vs. Toronto Cost Breakdown

If you lived in Anchorage instead of Toronto, you would:

pay 44.7% more for restaurants

 
Toronto
Anchorage
Basic meal with drink at inexpensive restaurant $17.53
CA$24.75
$25.00
 
Fast food combo meal
McDonalds, or similar
$10.52
CA$14.85
$15.00
 
Bottle of Coca-Cola (11 fl. oz) $2.08
CA$2.93
$3.25
 

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pay 43.4% more for groceries

 
Toronto
Anchorage
Bread
1 loaf
$2.74
CA$3.87
$4.89
 
Local cheese (8 oz) $4.56
CA$6.44
$6.83
 
Milk (1 gallon) $9.44
CA$13.33
$4.57
 

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pay 4.9% less for transportation

 
Toronto
Anchorage
Gasoline (1 gallon) $4.68
CA$6.60
$4.80
 
Monthly public transit pass $109.41
CA$154.46
$60.00
 
New Volkswagen Golf 1.4 (standard edition) $27,760.48
CA$39,188.08
$33,740.00
 

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pay 31.1% more for housing

 
Toronto
Anchorage
Internet connection
50 mbps or faster, cable/dsl
$47.87
CA$67.57
$139.25
 
1-Bedroom apartment in downtown area $1,584.56
CA$2,236.84
$1,760.00
 
1-Bedroom apartment outside city center $1,416.89
CA$2,000.15
$1,383.57
 

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pay 19.3% less for childcare

 
Toronto
Anchorage
Private preschool for 1 child, monthly $824.14
CA$1,163.40
$1,220.00
 
Middle school for 1 child, two semesters $23,500.21
CA$33,174.07
$10,350.00
 

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pay 49.5% more for entertainment and sports

 
Toronto
Anchorage
Domestic/local beer (1 pint) $6.31
CA$8.91
$8.00
 
Cappuccino in mid-range area $3.97
CA$5.61
$6.86
 
Pack of cigarettes
Marlboro or similar
$14.03
CA$19.80
$12.62
 

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pay 5.8% more for clothing

 
Toronto
Anchorage
Regular jeans
Levi's brand
$51.64
CA$72.90
$49.00
 
Regular dress
from H&M or similar store
$39.51
CA$55.77
$45.83
 
Running shoes
Nike or Adidas
$98.10
CA$138.48
$113.67
 

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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