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Toronto vs Melbourne

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 Melbourne, AU, you'd need

$74,408 / year

Melbourne, AU is 1% cheaper overall

Category breakdown (Melbourne, AU vs Toronto, CA)

  • Housing-9%
  • Food & groceries+4%
  • Transport0%
  • Utilities+3%
  • Healthcare+12%
  • Goods & services+5%

Full comparison

Toronto, CAMelbourne, AU
Cost of living
Overall cost index119118
Housing152138
Food108112
Transport100100
Utilities105108
Healthcare8595
Goods & services110116
Housing
Rent, 1-bed centre$1,900/mo$1,800/mo
Rent, 1-bed outside$1,500/mo$1,350/mo
Rent, 3-bed centre$3,800/mo$3,400/mo
Buy price / m² centre$9,000$9,000
Money & purchasing power
$1,000 goes as far as$840$847
Inexpensive meal$18$17
Monthly transit pass$115$110
Taxes
Income tax (top rate)33%45%
VAT / sales tax5%10%
Corporate tax26.5%30%
Economy & salaries
Avg net salary$3,300/mo$3,900/mo
Minimum wage$1,900/mo$2,600/mo
GDP per capita$54,000$65,000
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyNativeNative
Coworking spaces9070
Time zoneUTC-5UTC+10
Quality of life
Safety index7068
Healthcare index8285
Pollution index4030
Internet speed180 Mbps90 Mbps
Walkability8078
Public transport7880
Family-friendly7274
Tap waterSafe to drinkSafe to drink
Life expectancy82 yr83 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg-4 °C+20 °C
July avg+22 °C+10 °C
Sunny days / year100180
Rainfall / year830 mm600 mm
Connectivity
Flight to nearest hub1.5 h1.5 h

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

? Frequently asked questions

Is Toronto cheaper than Melbourne?

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

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

To keep the same standard of living, a $75,000 salary in Toronto is worth about $74,408 in Melbourne. Enter your own figure in the calculator above.

Which has lower taxes, Toronto or Melbourne?

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

More comparisons from Toronto

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