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Toronto vs London

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 London, UK, you'd need

$86,667 / year

London, UK is 16% more expensive overall

Category breakdown (London, UK vs Toronto, CA)

  • Housing+17%
  • Food & groceries+9%
  • Transport+30%
  • Utilities+24%
  • Healthcare+4%
  • Goods & services+11%

Full comparison

Toronto, CALondon, UK
Cost of living
Overall cost index119138
Housing152178
Food108118
Transport100130
Utilities105130
Healthcare8588
Goods & services110122
Housing
Rent, 1-bed centre$1,900/mo$2,600/mo
Rent, 1-bed outside$1,500/mo$1,850/mo
Rent, 3-bed centre$3,800/mo$5,200/mo
Buy price / m² centre$9,000$16,000
Money & purchasing power
$1,000 goes as far as$840$727
Inexpensive meal$18$20
Monthly transit pass$115$200
Taxes
Income tax (top rate)33%45%
VAT / sales tax5%20%
Social security (employee)8%
Corporate tax26.5%25%
Capital gains24%
Economy & salaries
Avg net salary$3,300/mo$2,900/mo
Minimum wage$1,900/mo$2,050/mo
GDP per capita$54,000$49,000
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyNativeNative
Coworking spaces90250
Time zoneUTC-5UTC+0
Quality of life
Safety index7055
Healthcare index8274
Pollution index4060
Internet speed180 Mbps90 Mbps
Walkability8088
Public transport7892
Family-friendly7262
Tap waterSafe to drinkSafe to drink
Life expectancy82 yr81 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg-4 °C+5 °C
July avg+22 °C+19 °C
Sunny days / year100106
Rainfall / year830 mm690 mm
Connectivity
Flight to nearest hub1.5 h1 h

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

? Frequently asked questions

Is Toronto cheaper than London?

London is about 16% more expensive than Toronto overall — its cost-of-living index is 138 versus 119 for Toronto.

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

To keep the same standard of living, a $75,000 salary in Toronto is worth about $86,667 in London. Enter your own figure in the calculator above.

Which has lower taxes, Toronto or London?

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

More comparisons from Toronto

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