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Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $2,981 and it seems moderately according to the average monthly salary which is $2,732. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$2,981
Cost of Living
$2,732
Average Salary
$2,292
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,763.47
Apartment (1 bedroom) Outside of Centre
$1,329.96
Apartment (3 bedrooms) in City Centre
$2,573.35
Apartment (3 bedrooms) Outside of Centre
$2,148.17

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,732.67
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
$147.01
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.32
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$49.37

Markets

Name
Price
Milk (regular), (1 liter)
$2.35
Loaf of Fresh White Bread (500g)
$2.9
Eggs (regular) (12)
$2.77
Local Cheese (1kg)
$11.96
Water (1.5 liter bottle)
$1.94
Bottle of Wine (Mid-Range)
$13.31
Domestic Beer (0.5 liter bottle)
$2.32
Imported Beer (0.33 liter bottle)
$2.68
Cigarettes 20 Pack (Marlboro)
$10.9
Apples (1kg)
$3.93
Chicken Breasts (Boneless, Skinless), (1kg)
$10.19
Oranges (1kg)
$2.99
Potato (1kg)
$2.47
Lettuce (1 head)
$1.8
Rice (white), (1kg)
$2.59
Tomato (1kg)
$3.15
Banana (1kg)
$1.27
Onion (1kg)
$2.27
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$14.46

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.38
Monthly Pass (Regular Price)
$113.74
Gasoline (1 liter)
$1.3
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$20,994.59
Taxi Start (Normal Tariff)
$3.14
Taxi 1km (Normal Tariff)
$1.3
Taxi 1hour Waiting (Normal Tariff)
$22.96
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$19,645.5

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$57.91
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$53.74
1 Pair of Nike Running Shoes (Mid-Range)
$82.76
1 Pair of Men Leather Business Shoes
$105.47

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$16.17
Meal for 2 People, Mid-range Restaurant, Three-course
$80.71
McMeal at McDonalds (or Equivalent Combo Meal)
$8.7
Domestic Beer (0.5 liter draught)
$5.91
Imported Beer (0.33 liter bottle)
$6.19
Coke/Pepsi (0.33 liter bottle)
$1.93
Water (0.33 liter bottle)
$1.56
Cappuccino (regular)
$3.66

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$52.3
Tennis Court Rent (1 Hour on Weekend)
$21.38
Cinema, International Release, 1 Seat
$8.74

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,243.76
International Primary School, Yearly for 1 Child
$17,457

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,495.1
Price per Square Meter to Buy Apartment Outside of Centre
$7,050.19

Questions

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

The total cost of living is around $2,981 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,292 per month, and utilities cost around $146 a month. Other costs will be around $836 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 $2,732. You probably need to make more than $2,732 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,732 per month (After tax) and it's not qualification specific. $2,732 is not a good salary according to average cost of living which is $2,981.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,292 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,729.