CostTrek

✦ Cost of living

Toronto

Toronto, Canada

119
Overall cost index
US = 100
$1,900
Median 1-bedroom rent
+19%
19% above the US average

In plain terms: Toronto is about 19% pricier than a typical US city. A one-bedroom in the centre runs around $1,900/month.

Cities in Canada →

▤ Category breakdown

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

  • Housing152+52%
  • Food & groceries108+8%
  • Transport100−0%
  • Utilities105+5%
  • Healthcare85−15%
  • Goods & services110+10%

Is Toronto expensive?

Yes, moderately. Toronto indexes at 119 against a US average of 100 — roughly 19% above it. That is above average without being in the top bracket, and which neighbourhood you rent in decides most of the gap.

Of the 87 cities we track, Toronto ranks #10 by overall cost — 77 of them are cheaper.

What a month in Toronto costs

One person

$3,440/mo

A one-bedroom outside the centre, modest everyday spending.

Couple

$4,730/mo

A one-bedroom in the centre, two adults sharing the bills.

Family of four

$8,560/mo

A three-bedroom in the centre, two adults and two children.

Monthly lineOne personCoupleFamily of four
Rent$1,500$1,900$3,800
Food & groceries$500$720$1,210
Transport$600$880$1,480
Utilities$210$320$530
Healthcare$240$350$590
Goods & services$390$560$950
Total per month$3,440$4,730$8,560

Estimates, not quotes. Rent comes from this city's own figures; every other line is a US-average household basket (shaped by the BLS Consumer Expenditure Survey) scaled by this city's category index. Your own total moves with the neighbourhood, your habits and whether you run a car. How we calculate these figures →

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

About

“The Six”

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
Coordinates
43.65, -79.38
Emergency
911

What things cost

1-bed, city centre$1,900 /mo
1-bed, outside centre$1,500 /mo
Inexpensive meal$18
Cappuccino$4
Monthly transit pass$115
Utilities (85 m²)$150 /mo
Internet, 100 Mbps$55 /mo
Gym membership$45 /mo

Housing

Rent, 1-bed centre$1,900 /mo
Rent, 1-bed outside centre$1,500 /mo
Rent, 3-bed centre$3,800 /mo
Buy price, centre$9,000 /m²
Buy price, outside centre$6,000 /m²

Taxes

33%

Income tax

progressive

5%

VAT / sales

26.5%

Corporate

$3,300

Avg net salary

per month

Federal; provinces add ~10–25%.

Visas & residency

Express Entry points system; Provincial Nominee Programs.

✈ eTA for short visits from many countries.

Express Entry (PR)residence
Work Permit (LMIA/IMP)work

Permanent residence after ~0 yrs. Citizenship after ~3 yrs. PR via Express Entry; citizenship after ~3 years.

Quality of life

Quality of life

72/100

Safety

70/100

Healthcare

82/100

Pollution

40/100

Internet

180 Mbps

Jan avg

-4 °C

Jul avg

+22 °C

Sunny days

100/yr

Walkability

80/100

Public transit

78/100

Family-friendly

72/100

Living there

English spoken
Native
Expat community
Large
Coworking spaces
90
Tap water
Safe to drink

Popular areas

DowntownLeslievilleWest End

Relocation & documents

Where to look

Coming soon
RentZumperBuyRealtor.caCoworkingWeWork

Updated: · Sources: Cost/quality survey (placeholder) · Economy: World Bank Open Data (GDP per capita, life expectancy, inflation) · Minimum wage (EU + Türkiye): Eurostat earn_mw_cur, 2026-S2 · Taxes: national tax authority / OECD (headline figures)

Can you live in Toronto without a car?

79/100

Car-free score

80/100

Walkability

78/100

Public transport

Yes — Toronto scores 79/100 on our car-free score, so commuting, errands and nights out all work on foot or by public transport. Most residents here can skip car ownership entirely, and the savings go straight into the rest of the budget.

Transport in Toronto indexes at 100, level with the US average. That line covers fares, fuel and running a vehicle, so it is the one that moves most when you drop the car.

Toronto ranks #22 of 87 cities we track for walkability. See the most walkable cities →

The car-free score is our own composite: 60% walkability, 40% public transport, both on a 0–100 scale. Like the rest of our quality-of-life figures, they are calibrated estimates, not official statistics.

Cost of living in Toronto — in your currency

  • 1-bed rent, city centre$1,900
  • 1-bed rent, outside centre$1,500
  • Inexpensive meal$18
  • Monthly transit pass$115
  • Utilities (monthly)$150

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

How we calculate these figures →

✈ Search cheap flights

Sponsored

Sponsored · MyTripBook your flights with MyTripCompare fares across 650+ airlines and travel more for less.Search flights

? Frequently asked questions

Is Toronto, CA expensive to live in?

Toronto, CA's cost-of-living index is 119 (US average = 100) — about 19% more expensive than a typical US city — and it ranks #10 of the 87 cities we track. On our estimates one person needs around $3,440 a month and a family of four around $8,560, rent included.

How much does it cost to live in Toronto, CA?

Toronto, CA's cost-of-living index is 119 (US average = 100) — about 19% more expensive than a typical US city. A one-bedroom apartment in the centre costs around $1,900 per month.

What are the average living costs in Toronto, CA?

Living costs in Toronto, CA are about 19% more expensive than the US average — its cost-of-living index is 119 (US = 100). Monthly living expenses scale with that, and housing is the biggest line: a one-bedroom in the centre runs around $1,900. See the category breakdown above for where the money goes.

What is the average rent in Toronto, CA?

A one-bedroom in the city centre averages about $1,900 per month, and around $1,500 outside the centre.

What taxes would I pay in Canada?

Canada has a top income-tax rate of 33% and a VAT or sales tax of 5%. See the taxes section above for the full breakdown.

What is the weather like in Toronto, CA?

Toronto, CA averages around -4 °C in January and +22 °C in July, with roughly 100 sunny days a year.

Is Toronto, CA safe?

Toronto, CA scores 70 out of 100 on our safety index, where higher means safer.

Can you live in Toronto, CA without a car?

Toronto, CA scores 79/100 on our car-free score — 80/100 for walkability and 78/100 for public transport. The higher the score, the more of daily life you can cover on foot or by transit instead of paying to run a car.

❖ Compare Toronto with…

Toronto vs New YorkToronto vs San FranciscoToronto vs Los AngelesToronto vs San DiegoToronto vs SeattleToronto vs BostonToronto vs WashingtonToronto vs ChicagoToronto vs MiamiToronto vs AustinToronto vs DallasToronto vs HoustonToronto vs DenverToronto vs PhoenixToronto vs AtlantaToronto vs PortlandToronto vs PhiladelphiaToronto vs NashvilleToronto vs MinneapolisToronto vs CharlotteToronto vs Las VegasToronto vs DetroitToronto vs San AntonioToronto vs ColumbusToronto vs LondonToronto vs ParisToronto vs BerlinToronto vs MunichToronto vs AmsterdamToronto vs DublinToronto vs MadridToronto vs BarcelonaToronto vs LisbonToronto vs RomeToronto vs MilanToronto vs ZurichToronto vs VancouverToronto vs DubaiToronto vs SingaporeToronto vs TokyoToronto vs SydneyToronto vs MelbourneToronto vs BangkokToronto vs Mexico CityToronto vs WarsawToronto vs Buenos AiresToronto vs MumbaiToronto vs IstanbulToronto vs BaliToronto vs Chiang MaiToronto vs MedellínToronto vs TbilisiToronto vs PortoToronto vs ValenciaToronto vs São PauloToronto vs PragueToronto vs ViennaToronto vs BudapestToronto vs AthensToronto vs TallinnToronto vs Kuala LumpurToronto vs Ho Chi Minh CityToronto vs SeoulToronto vs BishkekToronto vs FrankfurtToronto vs LyonToronto vs ManchesterToronto vs OsakaToronto vs MontrealToronto vs HamburgToronto vs NiceToronto vs BangaloreToronto vs RotterdamToronto vs TurinToronto vs FukuokaToronto vs GuadalajaraToronto vs CologneToronto vs MarseilleToronto vs NaplesToronto vs NagoyaToronto vs PuneToronto vs StuttgartToronto vs BordeauxToronto vs FlorenceToronto vs SapporoToronto vs Chennai

★ Ranked in

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