Cost of Living Comparison Between Melbourne and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 11.1% lower than in Melbourne (excluding rent)
Cost of Living Including Rent in Toronto is 10.3% lower than in Melbourne
Rent Prices in Toronto are 8.6% lower than in Melbourne
Restaurant Prices in Toronto are 0.0% lower than in Melbourne
Groceries Prices in Toronto are 18.7% lower than in Melbourne
Local Purchasing Power in Toronto is 3.5% lower than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Toronto Edit Difference
Meal at an Inexpensive Restaurant 25.00 A$
(24.13 C$)
25.90 A$
(25.00 C$)
     +3.6 %
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) 120.00 A$
(115.84 C$)
124.31 A$
(120.00 C$)
     +3.6 %
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) 16.00 A$
(15.45 C$)
16.57 A$
(16.00 C$)
     +3.6 %
Domestic Draft Beer (1 Pint) 12.00 A$
(11.58 C$)
9.32 A$
(9.00 C$)
     -22.3 %
Imported Beer (12 oz Small Bottle) 12.00 A$
(11.58 C$)
10.36 A$
(10.00 C$)
     -13.7 %
Cappuccino (Regular Size) 5.38 A$
(5.20 C$)
5.71 A$
(5.51 C$)
     +6.0 %
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) 4.36 A$
(4.21 C$)
2.99 A$
(2.88 C$)
     -31.6 %
Bottled Water (12 oz) 3.44 A$
(3.32 C$)
2.55 A$
(2.46 C$)
     -26.1 %
Markets
Melbourne Edit Toronto Edit
Milk (Regular, 1 Liter) 2.77 A$
(2.67 C$)
3.90 A$
(3.76 C$)
     +40.9 %
Fresh White Bread (1 lb Loaf) 3.90 A$
(3.76 C$)
3.61 A$
(3.48 C$)
     -7.5 %
White Rice (1 lb) 1.43 A$
(1.38 C$)
1.96 A$
(1.89 C$)
     +36.8 %
Eggs (12, Large Size) 8.51 A$
(8.21 C$)
5.27 A$
(5.09 C$)
     -38.1 %
Local Cheese (1 lb) 8.22 A$
(7.93 C$)
8.16 A$
(7.87 C$)
     -0.7 %
Chicken Fillets (1 lb) 6.12 A$
(5.91 C$)
8.47 A$
(8.18 C$)
     +38.3 %
Beef Round or Equivalent Back Leg Red Meat (1 lb) 10.01 A$
(9.66 C$)
10.32 A$
(9.96 C$)
     +3.1 %
Apples (1 lb) 2.45 A$
(2.37 C$)
2.41 A$
(2.32 C$)
     -1.9 %
Bananas (1 lb) 2.06 A$
(1.99 C$)
0.81 A$
(0.78 C$)
     -60.7 %
Oranges (1 lb) 2.08 A$
(2.01 C$)
2.38 A$
(2.30 C$)
     +14.6 %
Tomatoes (1 lb) 3.01 A$
(2.90 C$)
2.42 A$
(2.33 C$)
     -19.7 %
Potatoes (1 lb) 1.99 A$
(1.92 C$)
1.58 A$
(1.52 C$)
     -20.7 %
Onions (1 lb) 1.77 A$
(1.71 C$)
1.08 A$
(1.05 C$)
     -38.7 %
Lettuce (1 Head) 3.58 A$
(3.45 C$)
3.48 A$
(3.36 C$)
     -2.8 %
Bottled Water (50 oz) 2.46 A$
(2.37 C$)
2.58 A$
(2.49 C$)
     +4.8 %
Bottle of Wine (Mid-Range) 20.00 A$
(19.31 C$)
18.65 A$
(18.00 C$)
     -6.8 %
Domestic Beer (16.9 oz Bottle) 7.89 A$
(7.61 C$)
3.53 A$
(3.41 C$)
     -55.2 %
Imported Beer (12 oz Small Bottle) 7.74 A$
(7.47 C$)
4.39 A$
(4.24 C$)
     -43.2 %
Cigarettes (Pack of 20, Marlboro) 50.00 A$
(48.27 C$)
20.72 A$
(20.00 C$)
     -58.6 %
Transportation
Melbourne Edit Toronto Edit
One-Way Ticket (Local Transport) 5.50 A$
(5.31 C$)
3.47 A$
(3.35 C$)
     -36.9 %
Monthly Public Transport Pass (Regular Price) 199.00 A$
(192.11 C$)
161.60 A$
(156.00 C$)
     -18.8 %
Taxi Start (Standard Tariff) 5.10 A$
(4.92 C$)
4.40 A$
(4.25 C$)
     -13.7 %
Taxi 1 mile (Standard Tariff) 3.22 A$
(3.11 C$)
2.92 A$
(2.82 C$)
     -9.4 %
Taxi 1 Hour Waiting (Standard Tariff) 41.64 A$
(40.20 C$)
32.14 A$
(31.03 C$)
     -22.8 %
Gasoline (1 Liter) 1.85 A$
(1.79 C$)
1.39 A$
(1.34 C$)
     -25.1 %
Volkswagen Golf 1.5 (or Equivalent New Compact Car) 40,990.00 A$
(39,569.86 C$)
38,719.47 A$
(37,378.00 C$)
     -5.5 %
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) 37,242.62 A$
(35,952.31 C$)
29,707.79 A$
(28,678.53 C$)
     -20.2 %
Utilities (Monthly)
Melbourne Edit Toronto Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) 308.97 A$
(298.26 C$)
206.31 A$
(199.16 C$)
     -33.2 %
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) 40.91 A$
(39.49 C$)
54.87 A$
(52.97 C$)
     +34.1 %
Broadband Internet (Unlimited Data, 60 Mbps or Higher) 75.43 A$
(72.82 C$)
73.10 A$
(70.57 C$)
     -3.1 %
Sports And Leisure
Melbourne Edit Toronto Edit
Monthly Fitness Club Membership 75.20 A$
(72.60 C$)
83.37 A$
(80.48 C$)
     +10.9 %
Tennis Court Rental (1 Hour, Weekend) 28.81 A$
(27.81 C$)
32.29 A$
(31.17 C$)
     +12.1 %
Cinema Ticket (International Release) 23.50 A$
(22.69 C$)
18.64 A$
(17.99 C$)
     -20.7 %
Childcare
Melbourne Edit Toronto Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child 3,313.14 A$
(3,198.35 C$)
1,371.47 A$
(1,323.95 C$)
     -58.6 %
International Primary School, Annual Tuition per Child 44,247.17 A$
(42,714.18 C$)
29,448.07 A$
(28,427.81 C$)
     -33.4 %
Clothing And Shoes
Melbourne Edit Toronto Edit
Jeans (Levi's 501 or Similar) 109.93 A$
(106.13 C$)
83.29 A$
(80.40 C$)
     -24.2 %
Summer Dress in a Chain Store (e.g. Zara or H&M) 78.68 A$
(75.96 C$)
63.90 A$
(61.69 C$)
     -18.8 %
Nike Running Shoes (Mid-Range) 180.00 A$
(173.76 C$)
130.33 A$
(125.82 C$)
     -27.6 %
Men's Leather Business Shoes 178.69 A$
(172.50 C$)
171.47 A$
(165.53 C$)
     -4.0 %
Rent Per Month
Melbourne Edit Toronto Edit
1 Bedroom Apartment in City Centre 2,492.76 A$
(2,406.39 C$)
2,395.66 A$
(2,312.66 C$)
     -3.9 %
1 Bedroom Apartment Outside of City Centre 1,849.94 A$
(1,785.84 C$)
2,083.86 A$
(2,011.67 C$)
     +12.6 %
3 Bedroom Apartment in City Centre 4,783.76 A$
(4,618.03 C$)
3,811.87 A$
(3,679.80 C$)
     -20.3 %
3 Bedroom Apartment Outside of City Centre 3,456.04 A$
(3,336.30 C$)
3,210.30 A$
(3,099.07 C$)
     -7.1 %
Buy Apartment Price
Melbourne Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 981.49 A$
(947.49 C$)
1,161.02 A$
(1,120.80 C$)
     +18.3 %
Price per Square Feet to Buy Apartment Outside of Centre 850.35 A$
(820.89 C$)
903.52 A$
(872.22 C$)
     +6.3 %
Salaries And Financing
Melbourne Edit Toronto Edit
Average Monthly Net Salary (After Tax) 6,023.39 A$
(5,814.71 C$)
5,215.61 A$
(5,034.91 C$)
     -13.4 %
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.59 4.52      -19.2 %
Last update: 13 March 202613 March 2026
Contributors in the past 12 months:230362