✦ Compare
Toronto vs
Vancouver
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
Toronto, CA vs Vancouver, CA at a glance — Vancouver, CA is 4% more expensive than Toronto, CA overall. Median 1-bed rent runs about $2,100/mo versus $1,900/mo. The top national income-tax rate is 33%.
To keep the same standard of living in Vancouver, CA, you'd need
$78,315 / year
Vancouver, CA is 4% more expensive overall
Category breakdown (Vancouver, CA vs Toronto, CA)
- Housing+11%
- Food & groceries+2%
- Transport0%
- Utilities-5%
- Healthcare0%
- Goods & services+2%
Median 1-bed rent
$1,900 /mo
Toronto, CA overview →
Median 1-bed rent
$2,100 /mo
Vancouver, CA overview →
◎ How Toronto, CA and Vancouver, CA compare
Index vs the US average — the line marks 100. Lower is cheaper.
▤ Full comparison
| Toronto, CA | Vancouver, CA | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 119 | 124 |
| Housing | 152 | 168 |
| Food | 108 | 110 |
| Transport | 100 | 100 |
| Utilities | 105 | 100 |
| Healthcare | 85 | 85 |
| Goods & services | 110 | 112 |
| Housing | ||
| Rent, 1-bed centre | $1,900/mo | $2,100/mo |
| Rent, 1-bed outside | $1,500/mo | $1,650/mo |
| Rent, 3-bed centre | $3,800/mo | $4,200/mo |
| Buy price / m² centre | $9,000 | $12,000 |
| Money & purchasing power | ||
| $1,000 goes as far as | $840 | $805 |
| Inexpensive meal | $18 | $18 |
| Monthly transit pass | $115 | $75 |
| Taxes | ||
| Income tax (top rate) | 33% | 33% |
| VAT / sales tax | 5% | 5% |
| Corporate tax | 26.5% | 26.5% |
| Economy & salaries | ||
| Avg net salary | $3,300/mo | $3,300/mo |
| Minimum wage | $1,900/mo | $1,900/mo |
| GDP per capita | $55,698✓ | $55,698✓ |
| Inflation (annual) | 2.1%✓ | 2.1%✓ |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | Yes |
| English proficiency | Native | Native |
| Coworking spaces | 90 | 60 |
| Time zone | UTC-5 | UTC-8 |
| Quality of life | ||
| Quality of life (overall) | 72 | 74 |
| Safety index | 70 | 68 |
| Healthcare index | 82 | 82 |
| Pollution index | 40 | 30 |
| Internet speed | 180 Mbps | 180 Mbps |
| Walkability | 80 | 80 |
| Public transport | 78 | 78 |
| Family-friendly | 72 | 72 |
| Tap water | Safe to drink | Safe to drink |
| Life expectancy | 82 yr✓ | 82 yr✓ |
| LGBTQ+ acceptance | High | High |
| Climate | ||
| January avg | -4 °C | +4 °C |
| July avg | +22 °C | +18 °C |
| Sunny days / year | 100 | 130 |
| Rainfall / year | 830 mm | 1,150 mm |
| Connectivity | ||
| Flight to nearest hub | 1.5 h | 1.5 h |
Taxes & Economy & salaries: Canada vs Canada. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
✓ = official statistics (World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →
Cost of living: Toronto vs Vancouver — in your currency
Converted from USD at approximate rates (2026-09).
Good to know before you move to Toronto
Canada's diverse economic engine — a smooth immigration path and strong salaries, weighed against steep rents and long winters.
- Currency
- Canadian dollar ($ 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
Good to know before you move to Vancouver
Mountains meet ocean in Canada's mildest big city — stunning and outdoorsy, with punishing housing costs.
- Currency
- Canadian dollar ($ CAD)
- Languages
- English, French
- Time zone
- UTC-8
- Internet
- 180 Mbps
- English
- Native language
- Safety
- 68/100
- Climate
- ❄ 4°C · ☀ 18°C · 130 sunny days/yr
- Tap water
- Safe to drink
- Power
- A/B · 120V
- Driving
- Right-hand side
- Popular areas
- Kitsilano · Yaletown · Mount Pleasant
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
Sponsored
Plan your move to Vancouver
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
Sponsored
? Frequently asked questions
Moving from Toronto to Vancouver: cheaper or more expensive?
Moving from Toronto to Vancouver, your cost of living will be roughly 4% more expensive. Vancouver’s cost-of-living index is 124 versus 119 for Toronto (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is Toronto cheaper than Vancouver?
Vancouver is about 4% more expensive than Toronto overall — its cost-of-living index is 124 versus 119 for Toronto.
Which is more expensive, Toronto or Vancouver?
Vancouver is more expensive than Toronto. Its cost-of-living index is 124 vs 119 (US = 100) — about 4% higher.
Is rent cheaper in Toronto or Vancouver?
Rent is cheaper in Toronto — about $1,900/month for a one-bedroom in the city centre, vs $2,100 in Vancouver.
How much do you need to earn in Vancouver to live like in Toronto?
To keep the same standard of living, a $75,000 salary in Toronto is worth about $78,315 in Vancouver. Enter your own figure in the calculator above.
Which has lower taxes, Toronto or Vancouver?
Both cities are in the same country, so national income tax (33%) and VAT are identical; only local cost of living differs.
◷ More comparisons from Toronto
How we calculate these figures →
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.