Cost of Living Comparison Between Melbourne and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 1.9% higher than in Melbourne (without rent)
Consumer Prices Including Rent in Toronto are 7.6% higher than in Melbourne
Rent Prices in Toronto are 18.2% higher than in Melbourne
Restaurant Prices in Toronto are 11.6% higher than in Melbourne
Groceries Prices in Toronto are 0.9% higher than in Melbourne
Local Purchasing Power in Toronto is 21.1% lower than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 25.00 A$
(22.40 C$)
27.90 A$
(25.00 C$)
     +11.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 115.00 A$
(103.04 C$)
133.92 A$
(120.00 C$)
     +16.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$
(13.44 C$)
16.74 A$
(15.00 C$)
     +11.6 %
Domestic Beer (1 pint draught) 10.00 A$
(8.96 C$)
9.49 A$
(8.50 C$)
     -5.1 %
Imported Beer (12 oz small bottle) 10.00 A$
(8.96 C$)
11.16 A$
(10.00 C$)
     +11.6 %
Cappuccino (regular) 5.17 A$
(4.63 C$)
6.07 A$
(5.44 C$)
     +17.3 %
Coke/Pepsi (12 oz small bottle) 3.89 A$
(3.49 C$)
3.21 A$
(2.88 C$)
     -17.5 %
Water (12 oz small bottle) 3.47 A$
(3.11 C$)
2.50 A$
(2.24 C$)
     -28.1 %
Markets
Melbourne Edit Toronto Edit
Milk (regular), (1 gallon) 8.05 A$
(7.21 C$)
17.72 A$
(15.88 C$)
     +120.1 %
Loaf of Fresh White Bread (1 lb) 3.57 A$
(3.19 C$)
3.85 A$
(3.45 C$)
     +8.1 %
Rice (white), (1 lb) 1.51 A$
(1.35 C$)
2.41 A$
(2.16 C$)
     +60.2 %
Eggs (regular) (12) 5.71 A$
(5.12 C$)
5.39 A$
(4.83 C$)
     -5.6 %
Local Cheese (1 lb) 6.49 A$
(5.82 C$)
7.64 A$
(6.84 C$)
     +17.6 %
Chicken Fillets (1 lb) 5.87 A$
(5.26 C$)
8.60 A$
(7.71 C$)
     +46.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.54 A$
(7.65 C$)
9.74 A$
(8.73 C$)
     +14.0 %
Apples (1 lb) 2.06 A$
(1.84 C$)
2.72 A$
(2.44 C$)
     +32.3 %
Banana (1 lb) 1.73 A$
(1.55 C$)
1.00 A$
(0.89 C$)
     -42.4 %
Oranges (1 lb) 1.77 A$
(1.58 C$)
2.77 A$
(2.48 C$)
     +56.8 %
Tomato (1 lb) 2.41 A$
(2.16 C$)
2.58 A$
(2.31 C$)
     +6.9 %
Potato (1 lb) 1.50 A$
(1.34 C$)
1.84 A$
(1.65 C$)
     +22.6 %
Onion (1 lb) 1.45 A$
(1.30 C$)
1.93 A$
(1.73 C$)
     +33.4 %
Lettuce (1 head) 3.24 A$
(2.90 C$)
3.49 A$
(3.13 C$)
     +7.7 %
Water (1.5 liter bottle) 1.98 A$
(1.77 C$)
2.76 A$
(2.48 C$)
     +39.6 %
Bottle of Wine (Mid-Range) 17.00 A$
(15.23 C$)
21.20 A$
(19.00 C$)
     +24.7 %
Domestic Beer (0.5 liter bottle) 7.24 A$
(6.49 C$)
3.82 A$
(3.42 C$)
     -47.3 %
Imported Beer (12 oz small bottle) 8.50 A$
(7.61 C$)
4.32 A$
(3.87 C$)
     -49.2 %
Cigarettes 20 Pack (Marlboro) 45.00 A$
(40.32 C$)
22.32 A$
(20.00 C$)
     -50.4 %
Transportation
Melbourne Edit Toronto Edit
One-way Ticket (Local Transport) 5.30 A$
(4.75 C$)
3.74 A$
(3.35 C$)
     -29.5 %
Monthly Pass (Regular Price) 185.40 A$
(166.12 C$)
174.10 A$
(156.00 C$)
     -6.1 %
Taxi Start (Normal Tariff) 5.50 A$
(4.93 C$)
5.58 A$
(5.00 C$)
     +1.5 %
Taxi 1 mile (Normal Tariff) 4.83 A$
(4.33 C$)
3.14 A$
(2.82 C$)
     -34.9 %
Taxi 1hour Waiting (Normal Tariff) 39.48 A$
(35.38 C$)
34.60 A$
(31.00 C$)
     -12.4 %
Gasoline (1 gallon) 7.27 A$
(6.51 C$)
6.84 A$
(6.13 C$)
     -5.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 40,500.00 A$
(36,289.27 C$)
38,335.71 A$
(34,350.00 C$)
     -5.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,701.29 A$
(29,301.38 C$)
34,214.77 A$
(30,657.50 C$)
     +4.6 %
Utilities (Monthly)
Melbourne Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 266.76 A$
(239.03 C$)
187.96 A$
(168.42 C$)
     -29.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.88 A$
(37.52 C$)
73.07 A$
(65.47 C$)
     +74.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 80.14 A$
(71.81 C$)
81.91 A$
(73.39 C$)
     +2.2 %
Sports And Leisure
Melbourne Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 83.55 A$
(74.86 C$)
82.15 A$
(73.61 C$)
     -1.7 %
Tennis Court Rent (1 Hour on Weekend) 24.14 A$
(21.63 C$)
32.49 A$
(29.11 C$)
     +34.6 %
Cinema, International Release, 1 Seat 22.00 A$
(19.71 C$)
20.09 A$
(18.00 C$)
     -8.7 %
Childcare
Melbourne Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,415.06 A$
(2,163.97 C$)
1,725.21 A$
(1,545.84 C$)
     -28.6 %
International Primary School, Yearly for 1 Child 28,987.50 A$
(25,973.71 C$)
27,860.46 A$
(24,963.85 C$)
     -3.9 %
Clothing And Shoes
Melbourne Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 123.73 A$
(110.86 C$)
90.98 A$
(81.52 C$)
     -26.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 81.69 A$
(73.19 C$)
56.15 A$
(50.31 C$)
     -31.3 %
1 Pair of Nike Running Shoes (Mid-Range) 157.74 A$
(141.34 C$)
149.30 A$
(133.78 C$)
     -5.4 %
1 Pair of Men Leather Business Shoes 183.58 A$
(164.49 C$)
180.50 A$
(161.74 C$)
     -1.7 %
Rent Per Month
Melbourne Edit Toronto Edit
Apartment (1 bedroom) in City Centre 2,493.44 A$
(2,234.20 C$)
2,799.70 A$
(2,508.62 C$)
     +12.3 %
Apartment (1 bedroom) Outside of Centre 1,953.63 A$
(1,750.52 C$)
2,494.90 A$
(2,235.51 C$)
     +27.7 %
Apartment (3 bedrooms) in City Centre 4,713.90 A$
(4,223.80 C$)
4,976.19 A$
(4,458.82 C$)
     +5.6 %
Apartment (3 bedrooms) Outside of Centre 2,941.47 A$
(2,635.65 C$)
4,034.64 A$
(3,615.16 C$)
     +37.2 %
Buy Apartment Price
Melbourne Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 1,220.15 A$
(1,093.29 C$)
1,454.29 A$
(1,303.09 C$)
     +19.2 %
Price per Square Feet to Buy Apartment Outside of Centre 993.20 A$
(889.94 C$)
1,138.25 A$
(1,019.91 C$)
     +14.6 %
Salaries And Financing
Melbourne Edit Toronto Edit
Average Monthly Net Salary (After Tax) 6,153.18 A$
(5,513.44 C$)
5,221.55 A$
(4,678.67 C$)
     -15.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.60 6.54      -0.9 %
Last update: April 2024April 2024
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