Cost of Living in Toronto

The after tax salary needs to be changed. The average gross salary is 52k, which leaves 38k in after tax.

And to my list I forgot to add the political, corruption, human rights factor as well. Very well known now. Thank you

You guys make me laugh... 90 of these 100 comments are true and correct.

I totally agree with the Sep 15, 2020 comments of Michael.

The average net monthly salary after tax is listed here as 5,053.27 CAD. This is not correct, although it is how much an average family would expect to earn with two full-time workers. Perhaps this number has been skewed by IT workers migrating to mid-level roles in the city.

According to the 2016 Canadian census, median after-tax income for Toronto residents was 2,435.83 CAD (29,242 CAD annually). The average annual wage increase has been below 3% during this time.

The median after-tax income in 2022 is LESS THAN 3,000.00 CAD.

A country where your hard working earned money will go for prompoting life style of those who have come from broken and aaddicted families and even have problems with their own gender, in 20 yrs from now Canada will be the country of weirdos and full of psychologically ill people. Not a safe place to raise a child.

The Toronto Star newspaper has an article today entitled "The Great Canadian Snow Job" with sky high real estate and skyrocketing inflation is Canada trying to sell immigrants an opportunity that no longer exists?

A 20-year fixed mortgage doesn't exist. Closest is 25 yr at 8.75% according to ratehub. 10 year is around 4.25%; so 20 year would be at least 7%. Numbeo currently has it at 2.85 for a 20-year fixed mortgage which is wildly inaccurate.

Anonymous how dare you be so selfish! If you don't move here you may destroy the plan to have 10 million people in the GTA by 2046 up from 7 million now. The city is counting on you to pay a large land transfer tax. Otherwise current homeowners will pay more. And how will all those developers afford a Lamborghini or Ferrari for their kids? Stop thinking of your own future and your own family and mindlessly apply to move here you brainless sheep!

@Ms.violent felon, I think you need to learn how to behave and comment politely, I am sure you saw something in bellow comments that totally was against your benefits that caused to show your real character to people,

I want to appreciate all guys who tried to show the real picture of Canada, especially the guy who spent his time on Mar 24 2022 to inform any potential immigrant about real picture of Canada or North America..

Canadistan has bad food, terrible weather and lot of BS

Canadians are emigrating too. Hundred of thousands Canadians live in Gulf countries, Singapore, Lebanon, …

Hey Mr.Boot leaker, from government agency,

What else could you write in here? Whats your skills and degree that caused you think you got rich from your smartness and hardworking? Not from boot licking.

All the complaints here, is not related to laziness, Mr. Know it all. Is related to your system. All the the recent immigrants in Canada and US are very smart and hardworking, they know different languages and have lots of skills, but you and your boss here in the system are corrupt and stupid enough that they could not understand this fact, or may be better for their pockets to say selfish statements like yours.

With a 9-5 job you don’t save nothing in Canada, no matter what’s your gross salary. That’s why all middle easterners leave immediately after getting the citizenship

Canada & North America are like kingdom of ladies, legally its supposed to have equality of men n women, but practically men would be treated like slaves. Why??? Cause they want to take advantage of men to force them to prosper the economy, the capitalists pockets, to make more products or services, or to help economy,

Why they encourage directly or indirectly, to encourage people come here to live in one bedroom or shared room , while they have billions of lands to make more apartments for coming immigrants? Why most knowledgeable and supper educated entrepreneurs should work as construction worker ,plumbers, painters, roofers , Uber drivers, bus drivers, cashiers, Or in wallmart, etc,
Corporations making billions, and staff’s earning around minimum wage?

Why insurance is so expensive? Why these expensive corporations do not pay when customer get some damage?

Why the government doesn’t subsidize anything here to help their residents ??

Why one MRI takes around one year for a person with any sort of disease?

Why they are killing native people in USA, Canada, Australia for years and years and years? And in the media you guys try to show yourself as a human?? You need to go inside any jungle in the world to see that lion eats when S/he is hungry. You are not hungry but killing people around the world for the sake of your pocket,

Why your companies or organizations have lots of unreasonable process?

Why your systems, the whole society a system, are failing over n over??

North American systems has failed for, decades, that s why China, Russia and other powerful countries are here, in North America,

A toxic, broken and confused place. Even the country. A big part of this is the govt they currently have - all levels. They are a towns kind of place, but cannot handle more or the bigger levels. This place couldn't get their priorities straight before pandemic, during this pandemic, and for sure won't get their priorities straightened out in the future either. They proved it and did it to themselves to confirm this reputation. No thank you!

Do not come here unless you have two incomes of 3 figures or more because your wasting your time and money otherwise.
You will wage slave otherwise and your rent will be 2000 k for a 1 bedroom or you will have to spend million of dollars to own your own place. Never mind the fact the weather here is garbage 8 months out of the year. These is great place for a money laundering that’s about it!

Toronto is much better than Vancouver.
Higher salary at least and better public transit.

A quote in the National Post:

"Canada is a third world country whose paper-thin facade of modernity was built mainly by selling out future generations into tax and debt slavery, perhaps forever."

Plant all of the cherrie blossoms you want it won't matter covid19 is a population killer.Besides nobody will miss Canada or its dysfunctional society. Go to HEL EN wait.

Cheers

im here for school... who else? (im like not here for a job im too young fo that lol)

canadian immigration is a fraud. You pay thousands of bucks to apply for study permit/work permit/permanent residence to come to canada, and you end up paying a huge rent in a tiny basement room with two other poor guys/girls in large city such as Toronto/Vancouver. Company are asking for your Canadian experience the moment you start to apply for your first job and you get rejected again and again. Huge amount of people with a bachelor/master/phd degree become cheap labor as a uber driver/walmart cashier. Don't come to Canada! Stay in your own country! At least you have some decency to stay and work in your own country.

I'm a happy person.

This city is awful.

BTW, who keeps inflating the average monthly salary? Lately, it's been 2k from CERB, or 0 if you didn't qualify.

Students are generally treated well but it's a bit expensive in Canadian Universities. Although there are opportunities to earn money here and there as you can find work helping professors with their research or getting a part time job on campus.

We will see toronto true colours soon enough once the mortgage deferrals and cerb will end!! Get out while you can there will be massive civil unrest and a huge homeless Population. Canada is losing its status as first world country. You have been warned!

I was almost a victim of Canada's legal system when I lived in Toronto.

Girlfriend suddenly wants to move in and get on my benefits from work.

A close friend of mine at work hears me talking about this and she tells me about the Ontario spousal laws and warns me that I'm being setup for financial rape.

I end the relationship a day later.

In her angry breakup email she states how she is going to come after me for my pension.

LOL

Guys.. you just can't ever get married or live with them anymore, that time over until the system is fixed. Toronto is a city for the 1%ers who live in Bridle Path and Lawrence Park. Toronto females hate men with a vengeance, and the police treat men like slaves.

Or.. we all seriously need to go line up and get government ID stating we are all women.

Its only one small aspect of the city

but does anyone else notice the issue the downtown has with a perpetual smell of garbage and sewage?

Every time I visit Toronto (admittedly usually just commuting in from the burbs for a Jays game) the stench is just brutal. Ive been to pretty much every big city in North America, and none of them have a problem with this on par with Toronto. New York was pristine and hygenic last year.

Its probably driven by that sewer line theyve been working on for what feels like a decade in front of Union station, but the amount of trash on the street is pretty extreme in some places too

The secret of success is to work harder than others every day

One can easily tell from the comments left here by Canucks that the education system in Canada is substandard and a lot of Canucks are truly uneducated on how the economy works and where the funding comes from. This frozen wasteland of a nation with a piddly 35 million people desperately needs global investors and entrepreneurs to pay for the over-taxed socialist nanny state looking after alcoholic hicks, rednecks and homeless bums on the streets that complain all day and contribute nothing.

Rocky, if your belt is loose your pants could fall down causing you to lose your wallet. Please use the English language properly if you are going to tell others to educate themselves.

Anonymous said on November 23, 2019 about Toronto's escalating rent crisis: "I wonder if Toronto will face riots if this continues?"

Recent events during the pandemic would seem to suggest that the answer is yes.

The homeless population of Los Angeles, the rent of Manhattan, job prospects of Russia, racism of Poland, fuel prices of Iceland, taxes of Sweden, cost of living of Singapore, nepotism of Tel Aviv, work-life balance of Tokyo, collective happiness of Afghanistan.

Being stuck in a debt spiral and working until death for food, sheltar, and transportation is the norm.

Toronto veteran

"(Mostly) white covidiots at Trinity Bellwoods think the rules don’t apply to them. They’re right"
By Shree Paradkar - Race & Gender Columnist at the Toronto Star

https://www.thestar.com/opinion/2020/05/24/mostly-white-covidiots-at-trinity-bellwoods-think-the-rules-dont-apply-to-them-theyre-right.html

Imagine trying to publish this article about any other race!!!

Ravi Hooda is most likely the anti-Muslim poster who is flagging comments which are critical of real estate.

Let me guess...The feds and the realtors are unemployed and they can't use the city services to censor comments....LET THE REAL ESTATE COLLAPSE IN TORONTO!

Toronto is a curse and jobs are extremely hard to find.
But if you're a war criminal or money launderer, Toronto is great!

During the pandemic, please try to keep healthy and safe by not being poor.If you are temporarily out of work, you can try applying for a job at Walmart, Shoppers Drug Mart, Metro or other grocery stores and essential services. Delivery services like Amazon are also hiring as more people are requiring deliveries to their homes.If you don't want to work or pay rent, please don't come here and create problems for the Landlords. Toronto is a growing city and we don't have time for freeloaders and scumbags.

To the Pisslamic rat below me. Nobody wants you in Canada Muslim terrorist. Absolutely everyone hates being around Muslims. So go back.

NO MORE MOSQUES IN CANADA. Send these terrorists back to Porkistan.

No sympathies for immigrants struggling in Canada. Get in line. Canada is not a free ride.

You're gonna pay $2,000 a month in rent to live with Greek and Polish nationalists who hate you:

https://www.antihate.ca/neo_nazis_attend_the_i_rally_in_toronto

Toronto has a homeless problem. They live under bridges and the police set fire to the place:
https://www.blogto.com/city/2020/03/another-fire-under-gardiner-expressway-covers-downtown-toronto-thick-smoke/

You could spend $400 to live in a hut, right in Toronto:
https://www.reddit.com/r/toronto/comments/fdc1z7/meet_the_toronto_man_who_is_spending_400_a_month/

Toronto rents are creating a mass exodus. Who is gullible to pay C$2500 a month to rent a room inside a basement in Parkdale? You sure ain't getting Manhattan salaries when newcomers are begging to work for free.

https://www.reddit.com/r/toronto/comments/fbhwif/we_are_fighting_a_big_machine_gentrification_is/

Toronto's fertility rate was 1.3 in 2017 and is undoubtedly lower today. Nobody in Toronto is having kids. Over 30% of pregnancies in Brampton are aborted. Hamilton is Canada's hate crime capital. Go look at the top 10 cities for hate crimes in Canada per StasCan, 8 are in Ontario. Do not move to Ontario if you want kids or grandkids and do not want to become a victim of a hate crime. Nobody in the GTA can afford kids and we can see that the government will not stop foreign money laundering into our markets by only allowing citizens or permanent residents to buy homes here, so everyone - nonwhite and white alike - are nihilistic and don't even bother with reproducing the next generation when there is no hope for them here. Is this what you want for your future? Stay away from Ontario (and probably Canada in general). All we do is party and drink because there's no other hope or purpose here. We are serfs who only love to work and pay unaffordable rents.

Toronto is a great city to live. We have the tallest building in North America. New York here we come!
https://www.blogto.com/real-estate-toronto/2020/02/toronto-getting-tallest-condo-building-canada/

It's $1800 a month for a one-bedroom apartment, but the law doesn't allow more than three tenants in a one-bedroom. Do the math before moving to Toronto. Rents are insane, but jobs that pay a living wage are hard to find.
-------------
Are you efing kidding? If you cant make 450usd per month for apartment in 1st world and you need to live with your whole village in order to sustain yourself, you shouldnt come in the first place

It's hilarious to see everything blamed on white people and their racism. The truth is that you aren't only competing against white people. You are competing against your fellow pajeets too. So no matter how unfair you think Canada is, there is another Pajeet having wet dreams about coming here and taking on that sweet min wage position in such prosperous North American lands. White people aren't crapping in your morning cereal, you've got that well taken care of

Immigration is an economic system, pure and simple, Canada has perfected it, Germany is catching up to it, many other DYING countries will end up doing the same. Even Japan is experimenting with the immigration concept.

Yes Toronto is a capitalist meat grinder just like any city in the world. There's nothing superior in Toronto that you couldn't find in another city in another country. Only you could do it for cheaper. Toronto is in an economic bubble and you'll end up paying out of your a$$ for a mediocre life. For the cost of a mediocre life in Toronto you could afford a much more agreeable lifestyle elsewhere in the world.