Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $2,815 and it seems moderately according to the average monthly salary which is $2,769. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$2,815
Cost of Living
$2,769
Average Salary
$2,174
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,672.59
Apartment (1 bedroom) Outside of Centre
$1,246.93
Apartment (3 bedrooms) in City Centre
$2,669.64
Apartment (3 bedrooms) Outside of Centre
$1,862.72

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,769.14
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
$115.51
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.32
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$50.03

Markets

Name
Price
Milk (regular), (1 liter)
$2.08
Loaf of Fresh White Bread (500g)
$2.25
Eggs (regular) (12)
$2.67
Local Cheese (1kg)
$14.43
Water (1.5 liter bottle)
$1.94
Bottle of Wine (Mid-Range)
$14.33
Domestic Beer (0.5 liter bottle)
$2.35
Imported Beer (0.33 liter bottle)
$2.7
Cigarettes 20 Pack (Marlboro)
$11.76
Apples (1kg)
$3.23
Chicken Breasts (Boneless, Skinless), (1kg)
$13.63
Oranges (1kg)
$3.66
Potato (1kg)
$2.5
Lettuce (1 head)
$2.11
Rice (white), (1kg)
$3.25
Tomato (1kg)
$3.2
Banana (1kg)
$1.56
Onion (1kg)
$2.2
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$17.5

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.3
Monthly Pass (Regular Price)
$109.63
Gasoline (1 liter)
$0.9
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$18,502.03
Taxi Start (Normal Tariff)
$2.98
Taxi 1km (Normal Tariff)
$1.62
Taxi 1hour Waiting (Normal Tariff)
$27.55
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$17,667.21

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$54.29
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$36.52
1 Pair of Nike Running Shoes (Mid-Range)
$83.87
1 Pair of Men Leather Business Shoes
$106.88

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$14.76
Meal for 2 People, Mid-range Restaurant, Three-course
$60.27
McMeal at McDonalds (or Equivalent Combo Meal)
$7.18
Domestic Beer (0.5 liter draught)
$5.66
Imported Beer (0.33 liter bottle)
$6.09
Coke/Pepsi (0.33 liter bottle)
$1.69
Water (0.33 liter bottle)
$1.45
Cappuccino (regular)
$3.21

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$40.25
Tennis Court Rent (1 Hour on Weekend)
$26.73
Cinema, International Release, 1 Seat
$11.08

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,152.57
International Primary School, Yearly for 1 Child
$17,690.03

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$7,868.61
Price per Square Meter to Buy Apartment Outside of Centre
$6,170.81

Questions

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

The total cost of living is around $2,815 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,174 per month, and utilities cost around $115 a month. Other costs will be around $756 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 $2,769. You probably need to make more than $2,769 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,769 per month (After tax) and it's not qualification specific. $2,769 is not a good salary according to average cost of living which is $2,815.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,174 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,620.