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Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $2,974 and it seems moderately according to the average monthly salary which is $2,925. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$2,974
Cost of Living
$2,925
Average Salary
$2,297
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,767.17
Apartment (1 bedroom) Outside of Centre
$1,317.45
Apartment (3 bedrooms) in City Centre
$261,785.39
Apartment (3 bedrooms) Outside of Centre
$1,968.06

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,925.75
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%3.74

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$122.04
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.34
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$52.86

Markets

Name
Price
Milk (regular), (1 liter)
$2.2
Loaf of Fresh White Bread (500g)
$2.38
Eggs (regular) (12)
$2.82
Local Cheese (1kg)
$15.25
Water (1.5 liter bottle)
$2.05
Bottle of Wine (Mid-Range)
$15.14
Domestic Beer (0.5 liter bottle)
$2.48
Imported Beer (0.33 liter bottle)
$2.85
Cigarettes 20 Pack (Marlboro)
$12.42
Apples (1kg)
$3.42
Chicken Breasts (Boneless, Skinless), (1kg)
$14.4
Oranges (1kg)
$3.87
Potato (1kg)
$2.64
Lettuce (1 head)
$2.23
Rice (white), (1kg)
$3.43
Tomato (1kg)
$3.38
Banana (1kg)
$1.65
Onion (1kg)
$2.32
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$18.49

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.44
Monthly Pass (Regular Price)
$115.83
Gasoline (1 liter)
$0.95
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$19,548.37
Taxi Start (Normal Tariff)
$3.15
Taxi 1km (Normal Tariff)
$1.72
Taxi 1hour Waiting (Normal Tariff)
$29.11
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$18,666.34

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$57.36
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$38.59
1 Pair of Nike Running Shoes (Mid-Range)
$88.61
1 Pair of Men Leather Business Shoes
$112.92

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$15.59
Meal for 2 People, Mid-range Restaurant, Three-course
$63.68
McMeal at McDonalds (or Equivalent Combo Meal)
$7.59
Domestic Beer (0.5 liter draught)
$5.98
Imported Beer (0.33 liter bottle)
$6.43
Coke/Pepsi (0.33 liter bottle)
$1.79
Water (0.33 liter bottle)
$1.53
Cappuccino (regular)
$3.39

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$42.53
Tennis Court Rent (1 Hour on Weekend)
$28.25
Cinema, International Release, 1 Seat
$11.71

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,217.75
International Primary School, Yearly for 1 Child
$18,690.45

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,313.6
Price per Square Meter to Buy Apartment Outside of Centre
$6,519.79

Questions

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

The total cost of living is around $2,974 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,297 per month, and utilities cost around $122 a month. Other costs will be around $799 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 $2,925. You probably need to make more than $2,925 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,925 per month (After tax) and it's not qualification specific. $2,925 is not a good salary according to average cost of living which is $2,974.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,297 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,712.