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Melbourne vs Toronto

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in Toronto, CA, you'd need

$75,597 / year

Toronto, CA is 1% more expensive overall

Category breakdown (Toronto, CA vs Melbourne, AU)

  • Housing+10%
  • Food & groceries-4%
  • Transport0%
  • Utilities-3%
  • Healthcare-11%
  • Goods & services-5%

Full comparison

Melbourne, AUToronto, CA
Cost of living
Overall cost index118119
Housing138152
Food112108
Transport100100
Utilities108105
Healthcare9585
Goods & services116110
Housing
Rent, 1-bed centre$1,800/mo$1,900/mo
Rent, 1-bed outside$1,350/mo$1,500/mo
Rent, 3-bed centre$3,400/mo$3,800/mo
Buy price / m² centre$9,000$9,000
Money & purchasing power
$1,000 goes as far as$847$840
Inexpensive meal$17$18
Monthly transit pass$110$115
Taxes
Income tax (top rate)45%33%
VAT / sales tax10%5%
Corporate tax30%26.5%
Economy & salaries
Avg net salary$3,900/mo$3,300/mo
Minimum wage$2,600/mo$1,900/mo
GDP per capita$65,000$54,000
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeNative
Coworking spaces7090
Time zoneUTC+10UTC-5
Quality of life
Safety index6870
Healthcare index8582
Pollution index3040
Internet speed90 Mbps180 Mbps
Walkability7880
Public transport8078
Family-friendly7472
Tap waterSafe to drinkSafe to drink
Life expectancy83 yr82 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+20 °C-4 °C
July avg+10 °C+22 °C
Sunny days / year180100
Rainfall / year600 mm830 mm
Connectivity
Flight to nearest hub1.5 h1.5 h

Taxes & Economy & salaries: Australia vs Canada. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Is Melbourne cheaper than Toronto?

Toronto is about 1% more expensive than Melbourne overall — its cost-of-living index is 119 versus 118 for Melbourne.

How much do you need to earn in Toronto to live like in Melbourne?

To keep the same standard of living, a $75,000 salary in Melbourne is worth about $75,597 in Toronto. Enter your own figure in the calculator above.

Which has lower taxes, Melbourne or Toronto?

Canada has the lower top income-tax rate — 33% versus 45% in Australia.

More comparisons from Melbourne

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.