CostTrek

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Singapore 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.

Singapore, SG vs Toronto, CA at a glance — Toronto, CA is 11% cheaper than Singapore, SG overall. Median 1-bed rent runs about $1,900/mo versus $2,600/mo. Top income tax: 33% vs 24%.

$/ year

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

$66,823 / year

Toronto, CA is 11% cheaper overall

Category breakdown (Toronto, CA vs Singapore, SG)

  • Housing-19%
  • Food & groceries+8%
  • Transport+5%
  • Utilities-5%
  • Healthcare-19%
  • Goods & services-10%

◎ How Singapore, SG and Toronto, CA compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Singapore, SGToronto, CA

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Singapore, SGToronto, CA
Cost of living
Overall cost index134119
Housing188152
Food100108
Transport95100
Utilities110105
Healthcare10585
Goods & services122110
Housing
Rent, 1-bed centre$2,600/mo$1,900/mo
Rent, 1-bed outside$1,900/mo$1,500/mo
Rent, 3-bed centre$6,000/mo$3,800/mo
Buy price / m² centre$15,000$9,000
Money & purchasing power
$1,000 goes as far as$749$840
Inexpensive meal$6$18
Monthly transit pass$90$115
Taxes
Income tax (top rate)24%33%
VAT / sales tax9%5%
Corporate tax17%26.5%
Capital gains0%—
Economy & salaries
Avg net salary$4,500/mo$3,300/mo
Minimum wage—$1,900/mo
GDP per capita$98,814✓$55,698✓
Inflation (annual)0.9%✓2.1%✓
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyHighNative
Coworking spaces10090
Time zoneUTC+8UTC-5
Quality of life
Quality of life (overall)7972
Safety index8870
Healthcare index8882
Pollution index4540
Internet speed280 Mbps180 Mbps
Walkability8080
Public transport9578
Family-friendly7872
Tap waterSafe to drinkSafe to drink
Health insurance$120/mo—
Life expectancy83 yr✓82 yr✓
LGBTQ+ acceptanceLowHigh
Climate
January avg+26 °C-4 °C
July avg+28 °C+22 °C
Sunny days / year160100
Rainfall / year2,340 mm830 mm
Connectivity
Flight to nearest hub1 h1.5 h

Taxes & Economy & salaries: Singapore 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: Singapore vs Toronto — in your currency

SingaporeToronto
1-bed rent, city centre$2,600$1,900
1-bed rent, outside centre$1,900$1,500
Inexpensive meal$6$18
Monthly transit pass$90$115
Utilities (monthly)$180$150

Converted from USD at approximate rates (2026-09).

Good to know before you move to Singapore

Asia's safest, most efficient business hub — low taxes and world-class infrastructure, with rent and cars among the world's priciest.

Currency
Singapore dollar ($ SGD)
Languages
English, Malay, Mandarin, Tamil
Time zone
UTC+8
Internet
280 Mbps
English
Widely spoken
Safety
88/100
Climate
❄ 26°C · ☀ 28°C · 160 sunny days/yr
Tap water
Safe to drink
Power
G · 230V
Driving
Left-hand side
Popular areas
Tiong Bahru · Holland Village · CBD

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

? Frequently asked questions

Moving from Singapore to Toronto: cheaper or more expensive?

Moving from Singapore to Toronto, your cost of living will be roughly 11% cheaper. Toronto’s cost-of-living index is 119 versus 134 for Singapore (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Singapore cheaper than Toronto?

Toronto is about 11% cheaper than Singapore overall — its cost-of-living index is 119 versus 134 for Singapore.

Which is more expensive, Singapore or Toronto?

Singapore is more expensive than Toronto. Its cost-of-living index is 134 vs 119 (US = 100) — about 13% higher.

Is rent cheaper in Singapore or Toronto?

Rent is cheaper in Toronto — about $1,900/month for a one-bedroom in the city centre, vs $2,600 in Singapore.

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

To keep the same standard of living, a $75,000 salary in Singapore is worth about $66,823 in Toronto. Enter your own figure in the calculator above.

Which has lower taxes, Singapore or Toronto?

Singapore has the lower top income-tax rate — 24% versus 33% in Canada.

◷ More comparisons from Singapore

How we calculate these figures →

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