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Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $3,199 and it seems moderately according to the average monthly salary which is $2,932. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,199
Cost of Living
$2,932
Average Salary
$2,460
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,892.34
Apartment (1 bedroom) Outside of Centre
$1,427.16
Apartment (3 bedrooms) in City Centre
$2,761.42
Apartment (3 bedrooms) Outside of Centre
$2,305.16

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,932.37
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
$157.75
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.34
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$52.98

Markets

Name
Price
Milk (regular), (1 liter)
$2.52
Loaf of Fresh White Bread (500g)
$3.11
Eggs (regular) (12)
$2.98
Local Cheese (1kg)
$12.84
Water (1.5 liter bottle)
$2.08
Bottle of Wine (Mid-Range)
$14.29
Domestic Beer (0.5 liter bottle)
$2.49
Imported Beer (0.33 liter bottle)
$2.88
Cigarettes 20 Pack (Marlboro)
$11.7
Apples (1kg)
$4.21
Chicken Breasts (Boneless, Skinless), (1kg)
$10.93
Oranges (1kg)
$3.21
Potato (1kg)
$2.65
Lettuce (1 head)
$1.94
Rice (white), (1kg)
$2.78
Tomato (1kg)
$3.38
Banana (1kg)
$1.36
Onion (1kg)
$2.44
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$15.52

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.55
Monthly Pass (Regular Price)
$122.05
Gasoline (1 liter)
$1.4
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$22,528.88
Taxi Start (Normal Tariff)
$3.37
Taxi 1km (Normal Tariff)
$1.39
Taxi 1hour Waiting (Normal Tariff)
$24.64
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$21,081.19

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$62.14
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$57.67
1 Pair of Nike Running Shoes (Mid-Range)
$88.81
1 Pair of Men Leather Business Shoes
$113.18

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$17.35
Meal for 2 People, Mid-range Restaurant, Three-course
$86.61
McMeal at McDonalds (or Equivalent Combo Meal)
$9.34
Domestic Beer (0.5 liter draught)
$6.34
Imported Beer (0.33 liter bottle)
$6.64
Coke/Pepsi (0.33 liter bottle)
$2.07
Water (0.33 liter bottle)
$1.67
Cappuccino (regular)
$3.93

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$56.12
Tennis Court Rent (1 Hour on Weekend)
$22.95
Cinema, International Release, 1 Seat
$9.38

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,334.66
International Primary School, Yearly for 1 Child
$18,732.76

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$9,115.92
Price per Square Meter to Buy Apartment Outside of Centre
$7,565.42

Questions

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

The total cost of living is around $3,199 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,460 per month, and utilities cost around $157 a month. Other costs will be around $897 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 $2,932. You probably need to make more than $2,932 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,932 per month (After tax) and it's not qualification specific. $2,932 is not a good salary according to average cost of living which is $3,199.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,460 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,855.