Toronto Travel Guide
USA

How Much Does Toronto Cost?

A complete daily budget breakdown for Toronto — from backpacker to luxury traveler.

Quick Budget Summary

Budget
$75
/day
$525 for 7 days
Mid-Range
$175
/day
$1,225 for 7 days
Luxury
$440
/day
$3,080 for 7 days

Current Hotel Prices

Daily Cost Breakdown

Category
Budget
Mid-Range
Luxury
Accommodation
$26
Hostels, guesthouses
$70
3-star hotels, Airbnb
$198
5-star hotels, boutiques
Food
$23
Street food, diners
$44
Casual restaurants
$88
Fine dining
Transport
$11
Public transit, walking
$26
Metro + occasional rideshare
$66
Private car, Uber Black
Activities
$15
Free museums, parks
$35
Paid attractions, tours
$88
VIP experiences, private guides
Total / Day
$75
$175
$440

Money-Saving Tips for Toronto

  • Skip the CN Tower restaurant — go to the observation deck instead and eat in Kensington Market
  • Each neighborhood is a different world: Chinatown, Little Italy, Greektown, Koreatown
  • Toronto Islands ferry is $9 return and gives you beach, bike paths, and skyline photos
  • The PATH underground city is 30km of shops — useful in winter, interesting any time
  • Visit during shoulder season (May to October) for the best balance of weather and prices
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