Daily Budget Ranges
Toronto offers something for every budget. Budget travelers can get by on CAD $80–120 per day (USD $60–90), while mid-range visitors should plan for CAD $200–300 daily. Those seeking comfort and dining at better restaurants should budget CAD $400+ per day. These estimates cover accommodation, meals, local transport, and one paid activity.
Accommodation
Hostels in the King West and Queen West neighborhoods start around CAD $35–50 per night, making them ideal for solo travelers. Budget hotels in less touristy areas like Leslieville or Scarborough run CAD $90–130. Mid-range options—think chain hotels or boutique properties in downtown—cost CAD $150–250. If you're flexible with location, staying slightly north of downtown (around Bloor Street) can save 20–30% compared to the Entertainment District.
Food, Transport & Activities
Eating well doesn't require breaking the bank. Lunch from casual spots like Pai, Sneaky Dee's, or local food courts costs CAD $12–18. Dinner at mid-range restaurants averages CAD $25–40 per person. A PRESTO card for the TTC (Toronto Transit Commission) subway, streetcar, and bus system costs CAD $2 and rides are CAD $3.25 each—or grab a day pass for CAD $14. Many attractions are free or cheap: the Distillery District is free to explore, the Art Gallery of Ontario costs CAD $25–30, and the CN Tower runs CAD $40–50.