Cost of Living in Toronto
Summary about cost of living in Toronto, Canada:
- Family of four estimated monthly costs are 3,719.9$ (5,108.0C$) without rent (using our estimator).
- A single person estimated monthly costs are 1,030.6$ (1,415.2C$) without rent.
- Toronto is 28.0% less expensive than New York (without rent, see our cost of living index).
- Rent in Toronto is, on average, 51.9% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 17.02 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 83.75 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.47 $ | |
| Domestic Beer (1 pint draught) | 5.83 $ | |
| Imported Beer (12 oz small bottle) | 6.22 $ | |
| Cappuccino (regular) | 3.64 $ | |
| Coke/Pepsi (12 oz small bottle) | 1.98 $ | |
| Water (12 oz small bottle) | 1.55 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 10.16 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.26 $ | |
| Rice (white), (1 lb) | 1.38 $ | |
| Eggs (regular) (12) | 3.20 $ | |
| Local Cheese (1 lb) | 5.24 $ | |
| Chicken Fillets (1 lb) | 5.35 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.01 $ | |
| Apples (1 lb) | 1.63 $ | |
| Banana (1 lb) | 0.56 $ | |
| Oranges (1 lb) | 1.49 $ | |
| Tomato (1 lb) | 1.68 $ | |
| Potato (1 lb) | 1.18 $ | |
| Onion (1 lb) | 1.21 $ | |
| Lettuce (1 head) | 2.39 $ | |
| Water (1.5 liter bottle) | 1.61 $ | |
| Bottle of Wine (Mid-Range) | 12.36 $ | |
| Domestic Beer (0.5 liter bottle) | 2.29 $ | |
| Imported Beer (12 oz small bottle) | 2.72 $ | |
| Cigarettes 20 Pack (Marlboro) | 12.38 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.37 $ | |
| Monthly Pass (Regular Price) | 113.61 $ | |
| Taxi Start (Normal Tariff) | 3.23 $ | |
| Taxi 1 mile (Normal Tariff) | 2.05 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 22.21 $ | |
| Gasoline (1 gallon) | 4.44 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 21,119.51 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 19,499.20 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 137.84 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.32 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 55.60 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 46.74 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 17.31 $ | |
| Cinema, International Release, 1 Seat | 10.92 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,123.96 $ | |
| International Primary School, Yearly for 1 Child | 18,740.34 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 57.44 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 35.97 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 89.97 $ | |
| 1 Pair of Men Leather Business Shoes | 103.43 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 1,772.56 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,497.17 $ | |
| Apartment (3 bedrooms) in City Centre | 2,849.82 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,320.31 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 870.98 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 684.46 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,098.86 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.99 |
Prices in Toronto
This city had 5248 entries in the past 12 months by 989 different contributors.
Last update: March 2023
Last update: March 2023
Sources and References
Moving to Toronto? Explore:
Distribution of Expenses Using Our Statistical Model:
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Nearby cities:| Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |
This page in other languages:
 DeutschLebenshaltungskosten in Toronto
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 ItalianoCosto della Vita a Toronto
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 FrançaisCoût de la Vie à Toronto
|
 EspañolCosto de Vida en Toronto
|
I wouldn't be surprised if Sean Fraser is on a watchlist by far-right groups for promoting extreme mass immigration.
Even moderates are angry at Sean Fraser for his 500,000 immigrants a year and think it's too much at a time there is a housing crisis.
Yes, it's bloody expensive. Yes, the gap between the rich and poor is atrocious. And yes, opportunity in this city is limited to certain sectors, educations, work experiences, citizenships, and a strong hit of nepotism/family assistance (if you bought any property in the last five years anywhere below Eglinton you either 1) had assistance with the down payment, 2) lived with family for cheap/no rent while working at Toronto wages, 3) cashed out on some kind of industry boom).
The city has major issues and there is major cognitive dissonance with everyone who can spend $18 on a cocktail and then complain about people without housing living in tents in parks. All that said, for what it's worth, I found a home here (even though I will never be able to purchase a home here) and I know so many people who have felt the same.
Oh and yes Brad, many of us are feminists. If that is a problem, feel free to leave. We will be better for it.
You guys don't know the feminist hell that awaits you as a man in Canada. You want to pay high rents and have little or no autonomy as a man?
The federal government is feminist.
If you're a young male, you'd be a fool to end up in Canada where feminists are like roaches and they dislike men.
This country lacks work labor, and many Canadians treat their immigrant workers as animals, as another piece of equipment.
They treat migrant workers in the factories as if they have no rights. And don't get fooled with the wages. Though the wages are high in your home country, the minimum wage can barely afford monthly rents in Toronto.
If you love the cold, gloomy weather expanding for 6 months, or coming from a country that is in chaos / war, Canada might be good enough for you.
For those who are well-educated, have experience globally, Canada is the grave for your career and life.
What a weird country. Inviting scholars/professionals into their land, then treat them with disdain, while still complaining about them coming to your country. That's Canada for you.
Pay $2,000 a month plus electricity and sometimes water to rent cockroach apartment.
There are not enough well-paying jobs that can afford the cost of living in Toronto.
The ironic oxymoron is that to survive in Toronto, you need dual-income couples, yet Canada's fertility rates and marriage rates are falling, while divorce rates and a new phenomenon called incels are rising in Canada.
It's dire in Canada.
If they kill rent control half of the city would go homeless temporarily, and probably some sort of unrest at that point
But 18 months down the road from that rents would have to drop since nobody could afford it and units would sit empty. So in a way, rent control is another factor thats creating housing inflation for newcomers to TO beyond the normal market price
$1800 to $2400 for a 1-bed apartment sounds about right.
However, the average wage is inflated due to outliers. Nobody starts off with $26/hr net pay in Toronto.
The most you can get is about $15.50/hr to $18/hr if you are a newcomer, and those jobs are dead-end jobs which require physical labour.
Even if you earn $4,000 net a month, half of that is for current market rent alone.
So choose the life you want to live if you want to suffer with the rest of wage serfs in Toronto.
I'd wager that if rent control was eliminated tomorrow and everyone had to pay market rent, over half of the renters will be homeless.
They are overpriced, and many of the girls are former strippers and e-thots.
The feds wants to open the floodgates of men to make the pimps richer ainnit?
Meet the Canadian-born doctors who can't work in Canada
There's a shortage of doctors — and thousands of Canadian physicians abroad can't come home easily
"I've practised and worked and learned in a Western, English-speaking country with similar cultures and values. People coming from countries like New Zealand, Australia, the U.K., they have the capacity to integrate into the Canadian system as good workers, easily."
Her Australian husband, Dr. Chamath De Silva, was willing to move to Canada — but he also found the process daunting, time-consuming and expensive.
It's a shame, Stewart said, because the Niagara region desperately needs anesthesiologists like De Silva. Last month, a hospital in Welland, Ont. had to cancel surgeries because there wasn't one available.
With Canada experiencing such an acute shortage of doctors, Stewart said the roadblocks thrown up by provinces and regulatory bodies are puzzling.
"The country should be grateful that these Canadians are willing to come back and be completely overworked and underpaid," she said. "And you didn't even have to pay to educate them."
Most of these new immigrants will be competing for blue collar jobs, as the system does not recognize foreign credentials. The only ones content with life in Canada will the new comers escaping third world conditions to work in better conditions in Canada. That's what the government and corporations want. Grateful, obedient taxable servants.
Terrible people.
It’s cold for 6 months of the year and you’ll meet some of the most socially awkward people.
The majority of women are terrible and materialistic. If you are not wealthy, say goodbye to your dating and social life.
If you’re a single male budget for female companionship which starts from $400 per hour. The male-female interaction is monetized in Toronto.
Huge city with plenty of people and money, but potential is always wasted. This is a city which decided to run a parkway along the lake instead of having a nice public waterfront
Concrete hellhole. If you have any travelling experience at all, there is nothing to see in Toronto in terms of sights or architecture. Everything is ugly concrete, chrome, glass
Infrastructure is not maintained properly. Internet and power frequently go out like a third world country and the local hydro and telecoms severely understaff the repair teams so things stay down forever
People are awful. The population of Toronto consists entirely of assholes, pretentious hipsters, and finance industry suits
Traffic is terrible. The most congested highway in North America is in Toronto. Everyone drives like a lunatic
Insanely expensive. Rent is expensive, food is expensive, metro is expensive ... I heard a recent study found Toronto is now more expensive than NYC
We are entering a stage where the local birth rates are falling, and to prevent a collapse in the pension funds, Toronto has to import more wage serfs to pay taxes and rent for the older Canadians who are retired.
Toronto is a scam and a Ponzi scheme.
Canada does not attract the best and this has long term consequences. Skilled immigrants leave after some time because they have OPTIONS while the money launderers, drug lords and refugees stay.
The federal government's plan to increase the number of immigrants entering Canada, with a goal of bringing in 500,000 people does not help anyone if the only people coming here are taxable subservient automatons. Canada is slipping in the global index of livability due to the quality of people it attracts.
Many Canadians want to leave Toronto and those who bought real estate early are cashing out and retiring abroad.
Rent for a one bedroom in Toronto these days are almost C$2,000 a month.
A two bedroom will set you back at least C$2,300 a month and if you have a spouse and a few children a three bedroom goes for C$2,500 or more a month.
You have to pay for your own electricity.
I couldn’t help but notice that the landed gentry are now encouraging people to sell their homes to pay Toronto rent aka the landlord’s mortgage.
After the government is hindering growth in resource extraction, I guess the Canadian government is turning to rent extraction and rent seeking to fill the gap.
Again, what benefit is there for me to up and leave my middle class life in India, to live in a moldy basement and pay rent that pays for someone else’s mortgage and makes them richer?
I’d be a fool to do that. Canada sounds like they need us to fulfill their budget deficit. Scam!
You should sell your home in India and come to Canada.
The government is ensuring that we reach a million immigrants a year by 2030.
There are plenty of basement suites that you can rent from a local Canadian and you will feel safer in Canada.
We need immigrants. We need a lot of you to come here NOW.
Canadian address and there is no reply. However I am getting calls from temp agencies to work in warehouses for minimum wage.
I earn $1,600 a month equivalent salary in India and my home is paid off with the employee bank loan.
Why should I sell my home to pay another man’s mortgage and rent until I die in Canada?
Toronto sounds like a MLM scam to me. Are immigrants being used to pay the mortgages of the bigoted Canadians?
We need immigrants to fill the Labour shortage and help us with our GDP growth. Immigrants, WE NEED YOU IN CANADA! We need more immigrants!
You will be waiting hours in line to pay for your groceries, waiting years to see a family doctor, waiting days at the emergency, paying sky-high rents because there is no choice than to freeze, and wages being driven to the ground because there will be tens of thousands of applicants for a minimum wage job.
Thank your politicians and the elites for transforming Toronto into one giant Ponzi scheme for the rich.
We need immigrants. That is why the Liberal government plans to increase permanent residents to one million a year before the end of this decade.
That is why a lot of Canadians are becoming landlords and lobbying the government to increase immigration numbers to bring in more rent serfs to make the Landlord class richer.
The majority of politicians are also Landlords and own rental investments do they want to bring in more rent serfs in Canada while ignoring the healthcare, housing and job market crisis.
It’s C$2,000 or more a month to rent a one bedroom in Toronto these days. Minimum wage is C$15 per hour.
Those earning over C$100,000 a year are cops, teachers, and politicians who benefit from exploitation of immigrants to work for minimum wage in factories.
https://www.ctvnews.ca/politics/refugee-stabs-herself-with-knife-in-front-of-federal-official-amid-desperate-plea-for-housing-1.6138287
Justin Trudeau plans to bring in a yearly supply of half a million new Greater Fools to live in Canada to overpopulate the cities and worsen the job market and housing crisis.
I need five international students, preferably vegetarian as tenants for my AirBnB in North York.
Close to Seneca College and 401.
$1,500 per student per month.
The consultants abroad lie to prospective immigrants about the cost of living and job market.
By the time many newcomers realized that Toronto is a Ponzi scheme and a ripoff, they are too broke to return and restart their lives.
That is how the Rogers family became rich. They become richer when there is a mass movement of the middle class from Asia to Toronto.
The corporations also benefit from a larger supply of wage slaves who are afraid to demand higher wages and benefits.
The REITs also benefit from creating more demand for their cockroach infested apartments and jacking up the price for rentals.
Toronto is one giant PONZI SCHEME and modern-day plantation with horrible cold weather.
There is a housing crisis in Toronto. I saw a video of Toronto Police kicking down the tents of the homeless encampments and kicking both homeless and protesters. Why fund police who appear to protect and serve the elite class?
As a European, I fully well know the implications of inequality when I see it.
The City of Toronto claims that it doesn't have money to increase welfare rates and low income housing, yet they have money to increase the police budget every year.
Crime is considered low in Toronto compared to other cities. Why fund the police who are only being dispatched to enact violence on the poor and homeless?
The City of Toronto also has a privileged Man who has connections to the elites such as being a consultant for the Rogers family. These politicians don't appear to act in the interest of anyone in the bottom 80 percentile of income.
A job doesn’t guarantee shelter in Toronto.
And when you live in a tent, the propertied class send Toronto Police to kick down the tents and kick the homeless people like garbage. The videos are on social media.
Right now it’s over $900 for a SHARED ROOM in Toronto. It’s a dystopian nightmare.
Good paying jobs are also hard to find. Don’t be fooled with the propertied class because they live a life of privilege, went to good schools and have connections to the good jobs.
Some of my Gen Z friends feel like their deaths are getting closer because they are trapped in Toronto and can’t afford to leave.
Homelessness is rising in Toronto, even for those who have jobs.
The Canadian Dream has turned into a nightmare for the working class.
There is a cost of living crisis and a homeless crisis that the politicians are refusing to act on quickly, except one Trump junior politician who is gaining popularity.
A 2-bedroom apartment goes for over $2,000 in Scarbrough and North York!
Is this the future you want your children to inherit? To live like serfs? Canada is becoming too expensive to live in, and the wages are barely covering inflation.
For example: If 1 CEO/Manager earns $99,000 and the 99 workers earn $1,000 a month, that is $100,000 divided by 100 which gets you the average of $10,000 a month.
In Toronto, you have the elites who earn over $1M a month, the bureaucratic class who earn between $5,000 to $10,000 a month, the declining middle class, and then you have the working poor class who earn less than $2,000 a month full time.
The majority of newcomers in Toronto WILL NOT start off with a $5,000 a month after-tax salary. That is what Vice Principals and Managers in the public sector earn in Toronto.
The job agency starts off newcomers with minimum wage which is $2,000 after taxes and deductions.
Rent for a one-bedroom is climbing at $1,800 a month or more. You certainly can't live off $200 a month in Toronto because food is expensive and there appears to be price gouging at the moment.
Unless you are fleeing war and are desperate, I wouldn't advise anyone in the emerging economies to quit their middle class jobs and relocate to Toronto to work in factories and pay rent to the elites.
Home ownership is unattainable in Toronto. International students are paying $1,000 s month to share a bunk bed with several other students.
Working full time does not guarantee that you will get to rent an apartment, hence a homeless crisis that the Toronto Police is trying to sweep under the rug using violence.
That is where dreams are broken.
There's nothing you can do, except work like a dog to pay rent and food and save nothing until you die.
I'm 21 years old and want a medically assisted death because my future is bleak in Toronto.
I’m not sure why individualist countries like Canada are adopting communal slum like third world conditions with first world prices.
Must be economic apartheid because most of the jobs newcomers get are working in dead end factory hobs for minimum wage
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.
If you think Canada will be the country of weirdos and full of psychologically ill people after 20 years from now, then what about USA and other English-speaking nations? Situation in the US is even way worse.
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..
Canada is now a very mediocre country that mostly appeals to third world villagers who can't wait to get out of their shanty towns and bring their aunties and uncles with them to Canada.
Canada - Expensive, cold and in decline.
If you’re so dumb and self righteous that you don’t know and understand that at least Canadian economy is rolling because of immigrants, then you’re probably Ford 2.0!
To enlighten you a little, immigrants have to show prove of income and savings and bring at least a year worth of all expenses for each family member upon arrival. They are merely selected amongst the best in terms of knowledge and profession yet have to start (and more often than not stay) with entry level jobs. “Canadian experience”, rings a bell?
Job market, as well documented, is arranged in a way that wouldn’t allow newcomers in unless exploited in lowest possible positions so guys like you (maybe) climb the ladder faster.
And, no matter what, they have to pay taxes on what they make and once again on what they buy! No wonder why government is so fond of immigration!
As for residents though, housing quadrupled meaning money directly in your pocket! Rental housing is ridiculously and inhumanly unaffordable which pushes newcomers to so called basements with no proper lighting and so… to make you some passive income! Yahyyy
It wasn’t even 15 years ago that no luxury cars were ramping on Toronto streets. Look now. Whose are these? If immigrants, so they brought wealth to your country. If Canadians, where from? Right, exploiting immigrants.
Take care buddy and think!
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.
IF YOU ARE MILITANT IN YOUR DISCIPLINE AND WILLING TO WORK YOURSELF TO DEATH, YOU WILL SURVIVE (MAYBE EVEN THRIVE). If you are weak and want it easy, well scroll down and join the crowd of losers who picked the wrong city, Toronto is a cold, competitive, ruthless place, and it made me rich
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,
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,
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!
your website does not include option to add car insurance price, which is very different from country to country and city to city.
and in some places it could take upto 10% of your income
Higher salary at least and better public transit.
"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."
Cheers
Help a neighbour = helps you too.
Wish I was still living in Toronto.
Till we meet again.
Helen Tolias
February, 15, 2021.