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Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $3,026 and it seems moderately according to the average monthly salary which is $2,773. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,026
Cost of Living
$2,773
Average Salary
$2,326
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,789.81
Apartment (1 bedroom) Outside of Centre
$1,349.83
Apartment (3 bedrooms) in City Centre
$2,611.8
Apartment (3 bedrooms) Outside of Centre
$2,180.27

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,773.49
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%7.13

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$149.21
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.32
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$50.11

Markets

Name
Price
Milk (regular), (1 liter)
$2.38
Loaf of Fresh White Bread (500g)
$2.95
Eggs (regular) (12)
$2.81
Local Cheese (1kg)
$12.14
Water (1.5 liter bottle)
$1.97
Bottle of Wine (Mid-Range)
$13.51
Domestic Beer (0.5 liter bottle)
$2.35
Imported Beer (0.33 liter bottle)
$2.72
Cigarettes 20 Pack (Marlboro)
$11.06
Apples (1kg)
$3.98
Chicken Breasts (Boneless, Skinless), (1kg)
$10.34
Oranges (1kg)
$3.04
Potato (1kg)
$2.5
Lettuce (1 head)
$1.83
Rice (white), (1kg)
$2.63
Tomato (1kg)
$3.2
Banana (1kg)
$1.29
Onion (1kg)
$2.3
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$14.68

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.41
Monthly Pass (Regular Price)
$115.44
Gasoline (1 liter)
$1.32
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$21,308.27
Taxi Start (Normal Tariff)
$3.19
Taxi 1km (Normal Tariff)
$1.32
Taxi 1hour Waiting (Normal Tariff)
$23.31
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$19,939.02

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$58.78
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$54.55
1 Pair of Nike Running Shoes (Mid-Range)
$84
1 Pair of Men Leather Business Shoes
$107.05

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$16.41
Meal for 2 People, Mid-range Restaurant, Three-course
$81.92
McMeal at McDonalds (or Equivalent Combo Meal)
$8.83
Domestic Beer (0.5 liter draught)
$6
Imported Beer (0.33 liter bottle)
$6.28
Coke/Pepsi (0.33 liter bottle)
$1.96
Water (0.33 liter bottle)
$1.58
Cappuccino (regular)
$3.72

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$53.08
Tennis Court Rent (1 Hour on Weekend)
$21.7
Cinema, International Release, 1 Seat
$8.88

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,262.34
International Primary School, Yearly for 1 Child
$17,717.83

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,622.02
Price per Square Meter to Buy Apartment Outside of Centre
$7,155.52

Questions

How much does it cost to live in Toronto per month?

The total cost of living is around $3,026 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,326 per month, and utilities cost around $149 a month. Other costs will be around $848 including markets, transportation, restaurants, and sports and leisure for one-person.

Is Toronto expensive to live?

Toronto seems not expensive to live in according to the average monthly salary which is $2,773. You probably need to make more than $2,773 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,773 per month (After tax) and it's not qualification specific. $2,773 is not a good salary according to average cost of living which is $3,026.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,326 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,755.