Cost of Living Comparison Between Helsinki and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 1.1% lower than in Helsinki (without rent)
Cost of Living Including Rent in Toronto is 19.2% higher than in Helsinki
Rent Prices in Toronto are 76.3% higher than in Helsinki
Restaurant Prices in Toronto are 5.3% lower than in Helsinki
Groceries Prices in Toronto are 4.9% higher than in Helsinki
Local Purchasing Power in Toronto is 3.7% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(22.32 C$)
16.80 €
(25.00 C$)
     +12.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 €
(133.90 C$)
80.66 €
(120.00 C$)
     -10.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(14.88 C$)
10.08 €
(15.00 C$)
     +0.8 %
Domestic Beer (1 pint draught) 8.00 €
(11.90 C$)
5.38 €
(8.00 C$)
     -32.8 %
Imported Beer (12 oz small bottle) 8.00 €
(11.90 C$)
6.72 €
(10.00 C$)
     -16.0 %
Cappuccino (regular) 4.48 €
(6.67 C$)
3.65 €
(5.43 C$)
     -18.5 %
Coke/Pepsi (12 oz small bottle) 2.68 €
(3.98 C$)
1.94 €
(2.89 C$)
     -27.5 %
Water (12 oz small bottle) 1.79 €
(2.66 C$)
1.48 €
(2.21 C$)
     -16.9 %
Markets
Helsinki Edit Toronto Edit
Milk (regular), (1 gallon) 4.45 €
(6.62 C$)
10.45 €
(15.54 C$)
     +134.7 %
Loaf of Fresh White Bread (1 lb) 2.55 €
(3.80 C$)
2.32 €
(3.45 C$)
     -9.1 %
Rice (white), (1 lb) 1.17 €
(1.74 C$)
1.41 €
(2.10 C$)
     +20.7 %
Eggs (regular) (12) 2.88 €
(4.29 C$)
3.13 €
(4.66 C$)
     +8.5 %
Local Cheese (1 lb) 3.55 €
(5.28 C$)
4.76 €
(7.08 C$)
     +34.0 %
Chicken Fillets (1 lb) 5.22 €
(7.77 C$)
5.09 €
(7.57 C$)
     -2.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.43 €
(14.02 C$)
5.65 €
(8.40 C$)
     -40.1 %
Apples (1 lb) 1.02 €
(1.52 C$)
1.58 €
(2.35 C$)
     +54.2 %
Banana (1 lb) 0.80 €
(1.19 C$)
0.62 €
(0.93 C$)
     -22.2 %
Oranges (1 lb) 0.96 €
(1.43 C$)
1.59 €
(2.37 C$)
     +65.7 %
Tomato (1 lb) 1.76 €
(2.61 C$)
1.52 €
(2.26 C$)
     -13.4 %
Potato (1 lb) 0.54 €
(0.81 C$)
1.06 €
(1.58 C$)
     +95.4 %
Onion (1 lb) 0.82 €
(1.21 C$)
1.14 €
(1.70 C$)
     +39.9 %
Lettuce (1 head) 1.94 €
(2.88 C$)
2.06 €
(3.06 C$)
     +6.3 %
Water (1.5 liter bottle) 1.79 €
(2.66 C$)
1.59 €
(2.36 C$)
     -11.1 %
Bottle of Wine (Mid-Range) 14.00 €
(20.83 C$)
12.10 €
(18.00 C$)
     -13.6 %
Domestic Beer (0.5 liter bottle) 2.63 €
(3.92 C$)
2.29 €
(3.40 C$)
     -13.1 %
Imported Beer (12 oz small bottle) 3.09 €
(4.60 C$)
2.47 €
(3.68 C$)
     -20.1 %
Cigarettes 20 Pack (Marlboro) 10.30 €
(15.32 C$)
13.44 €
(20.00 C$)
     +30.5 %
Transportation
Helsinki Edit Toronto Edit
One-way Ticket (Local Transport) 2.98 €
(4.43 C$)
2.25 €
(3.35 C$)
     -24.3 %
Monthly Pass (Regular Price) 66.60 €
(99.08 C$)
104.86 €
(156.00 C$)
     +57.4 %
Taxi Start (Normal Tariff) 6.75 €
(10.04 C$)
3.36 €
(5.00 C$)
     -50.2 %
Taxi 1 mile (Normal Tariff) 1.93 €
(2.87 C$)
1.89 €
(2.82 C$)
     -2.0 %
Taxi 1hour Waiting (Normal Tariff) 56.40 €
(83.91 C$)
22.18 €
(33.00 C$)
     -60.7 %
Gasoline (1 gallon) 7.19 €
(10.69 C$)
4.04 €
(6.01 C$)
     -43.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,490.00 €
(48,336.48 C$)
23,005.46 €
(34,226.00 C$)
     -29.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,916.11 €
(50,458.16 C$)
20,391.92 €
(30,337.76 C$)
     -39.9 %
Utilities (Monthly)
Helsinki Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 110.73 €
(164.73 C$)
106.30 €
(158.15 C$)
     -4.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.16 €
(35.95 C$)
41.99 €
(62.47 C$)
     +73.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.37 €
(28.81 C$)
48.86 €
(72.69 C$)
     +152.3 %
Sports And Leisure
Helsinki Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 42.63 €
(63.42 C$)
47.36 €
(70.46 C$)
     +11.1 %
Tennis Court Rent (1 Hour on Weekend) 24.71 €
(36.76 C$)
18.54 €
(27.58 C$)
     -25.0 %
Cinema, International Release, 1 Seat 17.00 €
(25.29 C$)
12.10 €
(18.00 C$)
     -28.8 %
Childcare
Helsinki Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 311.23 €
(463.03 C$)
1,026.34 €
(1,526.92 C$)
     +229.8 %
International Primary School, Yearly for 1 Child 8,365.60 €
(12,445.79 C$)
16,559.66 €
(24,636.36 C$)
     +97.9 %
Clothing And Shoes
Helsinki Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 86.48 €
(128.67 C$)
55.71 €
(82.88 C$)
     -35.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.41 €
(45.24 C$)
34.24 €
(50.94 C$)
     +12.6 %
1 Pair of Nike Running Shoes (Mid-Range) 73.04 €
(108.67 C$)
92.55 €
(137.69 C$)
     +26.7 %
1 Pair of Men Leather Business Shoes 95.17 €
(141.59 C$)
110.99 €
(165.12 C$)
     +16.6 %
Rent Per Month
Helsinki Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,010.81 €
(1,503.81 C$)
1,680.83 €
(2,500.62 C$)
     +66.3 %
Apartment (1 bedroom) Outside of Centre 795.59 €
(1,183.63 C$)
1,451.73 €
(2,159.78 C$)
     +82.5 %
Apartment (3 bedrooms) in City Centre 1,765.00 €
(2,625.85 C$)
2,997.59 €
(4,459.62 C$)
     +69.8 %
Apartment (3 bedrooms) Outside of Centre 1,300.77 €
(1,935.20 C$)
2,457.73 €
(3,656.44 C$)
     +88.9 %
Buy Apartment Price
Helsinki Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 685.56 €
(1,019.94 C$)
868.87 €
(1,292.64 C$)
     +26.7 %
Price per Square Feet to Buy Apartment Outside of Centre 400.28 €
(595.52 C$)
677.41 €
(1,007.80 C$)
     +69.2 %
Salaries And Financing
Helsinki Edit Toronto Edit
Average Monthly Net Salary (After Tax) 2,786.75 €
(4,145.94 C$)
3,198.05 €
(4,757.84 C$)
     +14.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.75 6.50      +73.3 %
Last update: June 2024June 2024
Contributors in the past 12 months:229764