Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $3,056 and it seems moderately according to the average monthly salary which is $2,801. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,056
Cost of Living
$2,801
Average Salary
$2,349
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,807.52
Apartment (1 bedroom) Outside of Centre
$1,363.18
Apartment (3 bedrooms) in City Centre
$2,637.63
Apartment (3 bedrooms) Outside of Centre
$2,201.83

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,800.92
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
$150.68
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.32
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$50.61

Markets

Name
Price
Milk (regular), (1 liter)
$2.41
Loaf of Fresh White Bread (500g)
$2.97
Eggs (regular) (12)
$2.84
Local Cheese (1kg)
$12.26
Water (1.5 liter bottle)
$1.99
Bottle of Wine (Mid-Range)
$13.65
Domestic Beer (0.5 liter bottle)
$2.38
Imported Beer (0.33 liter bottle)
$2.75
Cigarettes 20 Pack (Marlboro)
$11.17
Apples (1kg)
$4.02
Chicken Breasts (Boneless, Skinless), (1kg)
$10.44
Oranges (1kg)
$3.07
Potato (1kg)
$2.53
Lettuce (1 head)
$1.85
Rice (white), (1kg)
$2.66
Tomato (1kg)
$3.23
Banana (1kg)
$1.3
Onion (1kg)
$2.33
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$14.82

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.43
Monthly Pass (Regular Price)
$116.58
Gasoline (1 liter)
$1.34
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$21,519
Taxi Start (Normal Tariff)
$3.22
Taxi 1km (Normal Tariff)
$1.33
Taxi 1hour Waiting (Normal Tariff)
$23.54
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$20,136.21

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$59.36
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$55.09
1 Pair of Nike Running Shoes (Mid-Range)
$84.83
1 Pair of Men Leather Business Shoes
$108.1

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$16.57
Meal for 2 People, Mid-range Restaurant, Three-course
$82.73
McMeal at McDonalds (or Equivalent Combo Meal)
$8.92
Domestic Beer (0.5 liter draught)
$6.06
Imported Beer (0.33 liter bottle)
$6.34
Coke/Pepsi (0.33 liter bottle)
$1.98
Water (0.33 liter bottle)
$1.6
Cappuccino (regular)
$3.76

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$53.61
Tennis Court Rent (1 Hour on Weekend)
$21.92
Cinema, International Release, 1 Seat
$8.96

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,274.83
International Primary School, Yearly for 1 Child
$17,893.05

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,707.29
Price per Square Meter to Buy Apartment Outside of Centre
$7,226.29

Questions

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

The total cost of living is around $3,056 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,349 per month, and utilities cost around $150 a month. Other costs will be around $857 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 $2,801. You probably need to make more than $2,801 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,801 per month (After tax) and it's not qualification specific. $2,801 is not a good salary according to average cost of living which is $3,056.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,349 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,772.