✦ Compare
Milan 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.
Milan, IT vs Toronto, CA at a glance — Toronto, CA is 7% more expensive than Milan, IT overall. Median 1-bed rent runs about $1,900/mo versus $1,500/mo. Top income tax: 33% vs 43%.
To keep the same standard of living in Toronto, CA, you'd need
$80,478 / year
Toronto, CA is 7% more expensive overall
Category breakdown (Toronto, CA vs Milan, IT)
- Housing+13%
- Food & groceries+3%
- Transport+25%
- Utilities-13%
- Healthcare+4%
- Goods & services+4%
◎ How Milan, IT and Toronto, CA compare
Index vs the US average — the line marks 100. Lower is cheaper.
▤ Full comparison
| Milan, IT | Toronto, CA | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 111 | 119 |
| Housing | 135 | 152 |
| Food | 105 | 108 |
| Transport | 80 | 100 |
| Utilities | 120 | 105 |
| Healthcare | 82 | 85 |
| Goods & services | 106 | 110 |
| Housing | ||
| Rent, 1-bed centre | $1,500/mo | $1,900/mo |
| Rent, 1-bed outside | $1,150/mo | $1,500/mo |
| Rent, 3-bed centre | $3,000/mo | $3,800/mo |
| Buy price / m² centre | $8,500 | $9,000 |
| Money & purchasing power | ||
| $1,000 goes as far as | $902 | $840 |
| Inexpensive meal | $16 | $18 |
| Monthly transit pass | $42 | $115 |
| Taxes | ||
| Income tax (top rate) | 43% | 33% |
| VAT / sales tax | 22% | 5% |
| Corporate tax | 24% | 26.5% |
| Capital gains | 26% | — |
| Economy & salaries | ||
| Avg net salary | $1,900/mo | $3,300/mo |
| Minimum wage | — | $1,900/mo |
| GDP per capita | $43,309✓ | $55,698✓ |
| Inflation (annual) | 1.5%✓ | 2.1%✓ |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | Yes |
| English proficiency | Moderate | Native |
| Coworking spaces | 60 | 90 |
| Time zone | UTC+1 | UTC-5 |
| Quality of life | ||
| Quality of life (overall) | 66 | 72 |
| Safety index | 55 | 70 |
| Healthcare index | 80 | 82 |
| Pollution index | 70 | 40 |
| Internet speed | 120 Mbps | 180 Mbps |
| Walkability | 85 | 80 |
| Public transport | 82 | 78 |
| Family-friendly | 64 | 72 |
| Tap water | Safe to drink | Safe to drink |
| Life expectancy | 84 yr✓ | 82 yr✓ |
| LGBTQ+ acceptance | Moderate | High |
| Climate | ||
| January avg | +3 °C | -4 °C |
| July avg | +24 °C | +22 °C |
| Sunny days / year | 130 | 100 |
| Rainfall / year | 1,000 mm | 830 mm |
| Connectivity | ||
| Flight to nearest hub | 1 h | 1.5 h |
Taxes & Economy & salaries: Italy vs Canada. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
✓ = official statistics (World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →
Cost of living: Milan vs Toronto — in your currency
Converted from USD at approximate rates (2026-09).
Good to know before you move to Milan
Italy's business, finance and fashion capital — the country's best job market, at its highest prices.
- Currency
- Euro (€ EUR)
- Languages
- Italian
- Time zone
- UTC+1
- Internet
- 120 Mbps
- English
- Fairly common
- Safety
- 55/100
- Climate
- ❄ 3°C · ☀ 24°C · 130 sunny days/yr
- Tap water
- Safe to drink
- Power
- F/L · 230V
- Driving
- Right-hand side
- Popular areas
- Navigli · Brera · Isola
Good to know before you move to Toronto
Canada's diverse economic engine — a smooth immigration path and strong salaries, weighed against steep rents and long winters.
- Currency
- Canadian dollar ($ CAD)
- Languages
- English, French
- Time zone
- UTC-5
- Internet
- 180 Mbps
- English
- Native language
- Safety
- 70/100
- Climate
- ❄ -4°C · ☀ 22°C · 100 sunny days/yr
- Tap water
- Safe to drink
- Power
- A/B · 120V
- Driving
- Right-hand side
- Popular areas
- Downtown · Leslieville · West End
Plan your move to Milan
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsPlanetofhotels
- Car rentalLocalrent
- Airport transferWelcome Pickups
- Tours & ticketsKlook
- Tours & ticketsTiqets
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Flight compensationAirHelp
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Plan your move to Toronto
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsPlanetofhotels
- Car rentalEconomybookings
- Airport transferKiwitaxi
- Tours & ticketsKlook
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Parking & carWay.com
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? Frequently asked questions
Moving from Milan to Toronto: cheaper or more expensive?
Moving from Milan to Toronto, your cost of living will be roughly 7% more expensive. Toronto’s cost-of-living index is 119 versus 111 for Milan (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is Milan cheaper than Toronto?
Toronto is about 7% more expensive than Milan overall — its cost-of-living index is 119 versus 111 for Milan.
Which is more expensive, Milan or Toronto?
Toronto is more expensive than Milan. Its cost-of-living index is 119 vs 111 (US = 100) — about 7% higher.
Is rent cheaper in Milan or Toronto?
Rent is cheaper in Milan — about $1,500/month for a one-bedroom in the city centre, vs $1,900 in Toronto.
How much do you need to earn in Toronto to live like in Milan?
To keep the same standard of living, a $75,000 salary in Milan is worth about $80,478 in Toronto. Enter your own figure in the calculator above.
Which has lower taxes, Milan or Toronto?
Canada has the lower top income-tax rate — 33% versus 43% in Italy.
◷ More comparisons from Milan
How we calculate these figures →
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.