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Vancouver 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.

$/ year

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

$71,825 / year

Toronto, CA is 4% cheaper overall

Category breakdown (Toronto, CA vs Vancouver, CA)

  • Housing-10%
  • Food & groceries-2%
  • Transport0%
  • Utilities+5%
  • Healthcare0%
  • Goods & services-2%

Full comparison

Vancouver, CAToronto, CA
Cost of living
Overall cost index124119
Housing168152
Food110108
Transport100100
Utilities100105
Healthcare8585
Goods & services112110
Housing
Rent, 1-bed centre$2,100/mo$1,900/mo
Rent, 1-bed outside$1,650/mo$1,500/mo
Rent, 3-bed centre$4,200/mo$3,800/mo
Buy price / m² centre$12,000$9,000
Money & purchasing power
$1,000 goes as far as$805$840
Inexpensive meal$18$18
Monthly transit pass$75$115
Taxes
Income tax (top rate)33%33%
VAT / sales tax5%5%
Corporate tax26.5%26.5%
Economy & salaries
Avg net salary$3,300/mo$3,300/mo
Minimum wage$1,900/mo$1,900/mo
GDP per capita$54,000$54,000
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyNativeNative
Coworking spaces6090
Time zoneUTC-8UTC-5
Quality of life
Safety index6870
Healthcare index8282
Pollution index3040
Internet speed180 Mbps180 Mbps
Walkability8080
Public transport7878
Family-friendly7272
Tap waterSafe to drinkSafe to drink
Life expectancy82 yr82 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+4 °C-4 °C
July avg+18 °C+22 °C
Sunny days / year130100
Rainfall / year1,150 mm830 mm
Connectivity
Flight to nearest hub1.5 h1.5 h

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

? Frequently asked questions

Is Vancouver cheaper than Toronto?

Toronto is about 4% cheaper than Vancouver overall — its cost-of-living index is 119 versus 124 for Vancouver.

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

To keep the same standard of living, a $75,000 salary in Vancouver is worth about $71,825 in Toronto. Enter your own figure in the calculator above.

Which has lower taxes, Vancouver or Toronto?

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 Vancouver

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