Cost of Living Comparison Between Helsinki and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 1.7% higher than in Helsinki (without rent)
Consumer Prices Including Rent in Toronto are 22.6% higher than in Helsinki
Rent Prices in Toronto are 82.6% higher than in Helsinki
Restaurant Prices in Toronto are 3.5% lower than in Helsinki
Groceries Prices in Toronto are 8.0% higher than in Helsinki
Local Purchasing Power in Toronto is 6.8% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(21.95 C$)
17.08 €
(25.00 C$)
     +13.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 €
(131.70 C$)
82.00 €
(120.00 C$)
     -8.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(14.63 C$)
10.25 €
(15.00 C$)
     +2.5 %
Domestic Beer (1 pint draught) 8.00 €
(11.71 C$)
5.81 €
(8.50 C$)
     -27.4 %
Imported Beer (12 oz small bottle) 8.00 €
(11.71 C$)
6.83 €
(10.00 C$)
     -14.6 %
Cappuccino (regular) 4.49 €
(6.57 C$)
3.71 €
(5.44 C$)
     -17.2 %
Coke/Pepsi (12 oz small bottle) 2.65 €
(3.88 C$)
1.97 €
(2.88 C$)
     -25.8 %
Water (12 oz small bottle) 1.82 €
(2.67 C$)
1.53 €
(2.24 C$)
     -16.1 %
Markets
Helsinki Edit Toronto Edit
Milk (regular), (1 gallon) 4.35 €
(6.36 C$)
10.85 €
(15.88 C$)
     +149.6 %
Loaf of Fresh White Bread (1 lb) 2.57 €
(3.76 C$)
2.36 €
(3.45 C$)
     -8.2 %
Rice (white), (1 lb) 1.16 €
(1.70 C$)
1.48 €
(2.16 C$)
     +27.5 %
Eggs (regular) (12) 2.92 €
(4.28 C$)
3.30 €
(4.83 C$)
     +13.0 %
Local Cheese (1 lb) 3.57 €
(5.23 C$)
4.68 €
(6.84 C$)
     +31.0 %
Chicken Fillets (1 lb) 5.20 €
(7.61 C$)
5.27 €
(7.71 C$)
     +1.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.58 €
(14.02 C$)
5.96 €
(8.73 C$)
     -37.8 %
Apples (1 lb) 1.03 €
(1.50 C$)
1.67 €
(2.44 C$)
     +62.3 %
Banana (1 lb) 0.79 €
(1.15 C$)
0.61 €
(0.89 C$)
     -22.6 %
Oranges (1 lb) 0.98 €
(1.43 C$)
1.70 €
(2.48 C$)
     +73.8 %
Tomato (1 lb) 1.80 €
(2.64 C$)
1.58 €
(2.31 C$)
     -12.4 %
Potato (1 lb) 0.55 €
(0.80 C$)
1.13 €
(1.65 C$)
     +105.2 %
Onion (1 lb) 0.82 €
(1.20 C$)
1.18 €
(1.73 C$)
     +43.9 %
Lettuce (1 head) 1.92 €
(2.81 C$)
2.14 €
(3.13 C$)
     +11.3 %
Water (1.5 liter bottle) 1.76 €
(2.57 C$)
1.69 €
(2.48 C$)
     -3.7 %
Bottle of Wine (Mid-Range) 14.90 €
(21.80 C$)
12.98 €
(19.00 C$)
     -12.9 %
Domestic Beer (0.5 liter bottle) 2.68 €
(3.92 C$)
2.34 €
(3.42 C$)
     -12.7 %
Imported Beer (12 oz small bottle) 3.11 €
(4.55 C$)
2.64 €
(3.87 C$)
     -15.0 %
Cigarettes 20 Pack (Marlboro) 10.20 €
(14.93 C$)
13.67 €
(20.00 C$)
     +34.0 %
Transportation
Helsinki Edit Toronto Edit
One-way Ticket (Local Transport) 3.05 €
(4.46 C$)
2.29 €
(3.35 C$)
     -24.9 %
Monthly Pass (Regular Price) 67.00 €
(98.05 C$)
106.60 €
(156.00 C$)
     +59.1 %
Taxi Start (Normal Tariff) 6.75 €
(9.88 C$)
3.42 €
(5.00 C$)
     -49.4 %
Taxi 1 mile (Normal Tariff) 1.97 €
(2.88 C$)
1.92 €
(2.82 C$)
     -2.4 %
Taxi 1hour Waiting (Normal Tariff) 56.40 €
(82.54 C$)
21.18 €
(31.00 C$)
     -62.4 %
Gasoline (1 gallon) 7.23 €
(10.57 C$)
4.19 €
(6.13 C$)
     -42.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,245.00 €
(47,186.97 C$)
23,472.91 €
(34,350.00 C$)
     -27.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,916.11 €
(49,632.46 C$)
20,949.66 €
(30,657.50 C$)
     -38.2 %
Utilities (Monthly)
Helsinki Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 109.20 €
(159.80 C$)
115.09 €
(168.42 C$)
     +5.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.26 €
(35.51 C$)
44.74 €
(65.47 C$)
     +84.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.02 €
(27.84 C$)
50.15 €
(73.39 C$)
     +163.6 %
Sports And Leisure
Helsinki Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 42.56 €
(62.28 C$)
50.30 €
(73.61 C$)
     +18.2 %
Tennis Court Rent (1 Hour on Weekend) 27.22 €
(39.84 C$)
19.89 €
(29.11 C$)
     -26.9 %
Cinema, International Release, 1 Seat 17.00 €
(24.88 C$)
12.30 €
(18.00 C$)
     -27.6 %
Childcare
Helsinki Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 309.77 €
(453.31 C$)
1,056.34 €
(1,545.84 C$)
     +241.0 %
International Primary School, Yearly for 1 Child 8,742.80 €
(12,794.12 C$)
17,058.93 €
(24,963.85 C$)
     +95.1 %
Clothing And Shoes
Helsinki Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.53 €
(117.84 C$)
55.71 €
(81.52 C$)
     -30.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.07 €
(44.00 C$)
34.38 €
(50.31 C$)
     +14.4 %
1 Pair of Nike Running Shoes (Mid-Range) 71.04 €
(103.96 C$)
91.42 €
(133.78 C$)
     +28.7 %
1 Pair of Men Leather Business Shoes 94.09 €
(137.69 C$)
110.52 €
(161.74 C$)
     +17.5 %
Rent Per Month
Helsinki Edit Toronto Edit
Apartment (1 bedroom) in City Centre 980.12 €
(1,434.29 C$)
1,714.25 €
(2,508.62 C$)
     +74.9 %
Apartment (1 bedroom) Outside of Centre 787.16 €
(1,151.92 C$)
1,527.62 €
(2,235.51 C$)
     +94.1 %
Apartment (3 bedrooms) in City Centre 1,746.35 €
(2,555.58 C$)
3,046.92 €
(4,458.82 C$)
     +74.5 %
Apartment (3 bedrooms) Outside of Centre 1,284.07 €
(1,879.10 C$)
2,470.40 €
(3,615.16 C$)
     +92.4 %
Buy Apartment Price
Helsinki Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 688.38 €
(1,007.37 C$)
890.46 €
(1,303.09 C$)
     +29.4 %
Price per Square Feet to Buy Apartment Outside of Centre 402.79 €
(589.44 C$)
696.95 €
(1,019.91 C$)
     +73.0 %
Salaries And Financing
Helsinki Edit Toronto Edit
Average Monthly Net Salary (After Tax) 2,796.63 €
(4,092.56 C$)
3,197.15 €
(4,678.67 C$)
     +14.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.60 6.54      +81.8 %
Last update: April 2024April 2024
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