Cost of Living Comparison Between Melbourne and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 1.4% lower than in Melbourne (without rent)
Cost of Living Including Rent in Toronto is 8.5% higher than in Melbourne
Rent Prices in Toronto are 29.0% higher than in Melbourne
Restaurant Prices in Toronto are 7.7% higher than in Melbourne
Groceries Prices in Toronto are 3.5% lower than in Melbourne
Local Purchasing Power in Toronto is 24.3% lower than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 25.00 A$
(22.78 C$)
27.43 A$
(25.00 C$)
     +9.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 A$
(109.35 C$)
131.69 A$
(120.00 C$)
     +9.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$
(13.67 C$)
16.46 A$
(15.00 C$)
     +9.7 %
Domestic Beer (1 pint draught) 10.00 A$
(9.11 C$)
8.78 A$
(8.00 C$)
     -12.2 %
Imported Beer (12 oz small bottle) 10.00 A$
(9.11 C$)
10.97 A$
(10.00 C$)
     +9.7 %
Cappuccino (regular) 5.16 A$
(4.70 C$)
5.95 A$
(5.42 C$)
     +15.4 %
Coke/Pepsi (12 oz small bottle) 3.97 A$
(3.62 C$)
3.13 A$
(2.85 C$)
     -21.1 %
Water (12 oz small bottle) 3.57 A$
(3.26 C$)
2.41 A$
(2.19 C$)
     -32.7 %
Markets
Melbourne Edit Toronto Edit
Milk (regular), (1 gallon) 8.00 A$
(7.29 C$)
17.05 A$
(15.54 C$)
     +113.1 %
Loaf of Fresh White Bread (1 lb) 3.52 A$
(3.21 C$)
3.79 A$
(3.45 C$)
     +7.7 %
Rice (white), (1 lb) 1.50 A$
(1.37 C$)
2.30 A$
(2.10 C$)
     +53.4 %
Eggs (regular) (12) 5.72 A$
(5.22 C$)
5.11 A$
(4.66 C$)
     -10.7 %
Local Cheese (1 lb) 6.59 A$
(6.00 C$)
7.77 A$
(7.08 C$)
     +17.9 %
Chicken Fillets (1 lb) 5.93 A$
(5.41 C$)
8.30 A$
(7.57 C$)
     +39.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.70 A$
(7.92 C$)
9.22 A$
(8.40 C$)
     +6.0 %
Apples (1 lb) 2.02 A$
(1.84 C$)
2.58 A$
(2.35 C$)
     +27.7 %
Banana (1 lb) 1.73 A$
(1.58 C$)
1.02 A$
(0.93 C$)
     -41.3 %
Oranges (1 lb) 1.75 A$
(1.60 C$)
2.60 A$
(2.37 C$)
     +48.3 %
Tomato (1 lb) 2.51 A$
(2.29 C$)
2.48 A$
(2.26 C$)
     -1.3 %
Potato (1 lb) 1.51 A$
(1.38 C$)
1.74 A$
(1.58 C$)
     +14.7 %
Onion (1 lb) 1.46 A$
(1.33 C$)
1.87 A$
(1.70 C$)
     +27.4 %
Lettuce (1 head) 3.27 A$
(2.98 C$)
3.36 A$
(3.06 C$)
     +2.7 %
Water (1.5 liter bottle) 2.15 A$
(1.96 C$)
2.59 A$
(2.36 C$)
     +20.4 %
Bottle of Wine (Mid-Range) 18.25 A$
(16.63 C$)
19.75 A$
(18.00 C$)
     +8.2 %
Domestic Beer (0.5 liter bottle) 7.02 A$
(6.40 C$)
3.73 A$
(3.40 C$)
     -46.8 %
Imported Beer (12 oz small bottle) 8.36 A$
(7.62 C$)
4.04 A$
(3.68 C$)
     -51.7 %
Cigarettes 20 Pack (Marlboro) 45.00 A$
(41.01 C$)
21.95 A$
(20.00 C$)
     -51.2 %
Transportation
Melbourne Edit Toronto Edit
One-way Ticket (Local Transport) 5.30 A$
(4.83 C$)
3.68 A$
(3.35 C$)
     -30.6 %
Monthly Pass (Regular Price) 185.40 A$
(168.95 C$)
171.19 A$
(156.00 C$)
     -7.7 %
Taxi Start (Normal Tariff) 5.50 A$
(5.01 C$)
5.49 A$
(5.00 C$)
     -0.2 %
Taxi 1 mile (Normal Tariff) 4.83 A$
(4.40 C$)
3.09 A$
(2.82 C$)
     -36.0 %
Taxi 1hour Waiting (Normal Tariff) 44.74 A$
(40.77 C$)
36.21 A$
(33.00 C$)
     -19.1 %
Gasoline (1 gallon) 7.27 A$
(6.63 C$)
6.60 A$
(6.01 C$)
     -9.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 42,000.00 A$
(38,272.65 C$)
37,592.17 A$
(34,256.00 C$)
     -10.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,042.76 A$
(31,021.59 C$)
33,392.73 A$
(30,429.24 C$)
     -1.9 %
Utilities (Monthly)
Melbourne Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 237.38 A$
(216.31 C$)
173.63 A$
(158.22 C$)
     -26.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39.97 A$
(36.42 C$)
69.25 A$
(63.11 C$)
     +73.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 79.50 A$
(72.44 C$)
79.26 A$
(72.22 C$)
     -0.3 %
Sports And Leisure
Melbourne Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 82.32 A$
(75.01 C$)
77.32 A$
(70.46 C$)
     -6.1 %
Tennis Court Rent (1 Hour on Weekend) 22.00 A$
(20.05 C$)
30.26 A$
(27.58 C$)
     +37.6 %
Cinema, International Release, 1 Seat 22.00 A$
(20.05 C$)
19.75 A$
(18.00 C$)
     -10.2 %
Childcare
Melbourne Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,501.72 A$
(2,279.70 C$)
1,675.62 A$
(1,526.92 C$)
     -33.0 %
International Primary School, Yearly for 1 Child 28,987.50 A$
(26,414.96 C$)
27,035.69 A$
(24,636.36 C$)
     -6.7 %
Clothing And Shoes
Melbourne Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 119.82 A$
(109.18 C$)
89.12 A$
(81.21 C$)
     -25.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 78.89 A$
(71.89 C$)
55.90 A$
(50.94 C$)
     -29.1 %
1 Pair of Nike Running Shoes (Mid-Range) 158.85 A$
(144.75 C$)
151.76 A$
(138.29 C$)
     -4.5 %
1 Pair of Men Leather Business Shoes 171.31 A$
(156.10 C$)
180.35 A$
(164.34 C$)
     +5.3 %
Rent Per Month
Melbourne Edit Toronto Edit
Apartment (1 bedroom) in City Centre 2,232.62 A$
(2,034.49 C$)
2,738.94 A$
(2,495.87 C$)
     +22.7 %
Apartment (1 bedroom) Outside of Centre 1,795.54 A$
(1,636.19 C$)
2,362.53 A$
(2,152.87 C$)
     +31.6 %
Apartment (3 bedrooms) in City Centre 4,121.05 A$
(3,755.32 C$)
4,860.79 A$
(4,429.41 C$)
     +18.0 %
Apartment (3 bedrooms) Outside of Centre 2,666.65 A$
(2,430.00 C$)
3,988.16 A$
(3,634.22 C$)
     +49.6 %
Buy Apartment Price
Melbourne Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 993.45 A$
(905.28 C$)
1,418.53 A$
(1,292.64 C$)
     +42.8 %
Price per Square Feet to Buy Apartment Outside of Centre 796.34 A$
(725.67 C$)
1,105.95 A$
(1,007.80 C$)
     +38.9 %
Salaries And Financing
Melbourne Edit Toronto Edit
Average Monthly Net Salary (After Tax) 6,359.79 A$
(5,795.38 C$)
5,221.21 A$
(4,757.84 C$)
     -17.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.34 6.50      +2.5 %
Last update: June 2024June 2024
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