Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $2,871 and it seems moderately according to the average monthly salary which is $2,824. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$2,871
Cost of Living
$2,824
Average Salary
$2,217
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,705.83
Apartment (1 bedroom) Outside of Centre
$1,271.71
Apartment (3 bedrooms) in City Centre
$2,722.7
Apartment (3 bedrooms) Outside of Centre
$1,899.74

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,824.18
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
$117.81
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.33
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$51.03

Markets

Name
Price
Milk (regular), (1 liter)
$2.13
Loaf of Fresh White Bread (500g)
$2.3
Eggs (regular) (12)
$2.72
Local Cheese (1kg)
$14.72
Water (1.5 liter bottle)
$1.98
Bottle of Wine (Mid-Range)
$14.62
Domestic Beer (0.5 liter bottle)
$2.4
Imported Beer (0.33 liter bottle)
$2.75
Cigarettes 20 Pack (Marlboro)
$11.99
Apples (1kg)
$3.3
Chicken Breasts (Boneless, Skinless), (1kg)
$13.9
Oranges (1kg)
$3.74
Potato (1kg)
$2.55
Lettuce (1 head)
$2.15
Rice (white), (1kg)
$3.31
Tomato (1kg)
$3.26
Banana (1kg)
$1.59
Onion (1kg)
$2.24
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$17.85

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.35
Monthly Pass (Regular Price)
$111.81
Gasoline (1 liter)
$0.91
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$18,869.76
Taxi Start (Normal Tariff)
$3.04
Taxi 1km (Normal Tariff)
$1.66
Taxi 1hour Waiting (Normal Tariff)
$28.1
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$18,018.35

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$55.37
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$37.25
1 Pair of Nike Running Shoes (Mid-Range)
$85.53
1 Pair of Men Leather Business Shoes
$109

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$15.05
Meal for 2 People, Mid-range Restaurant, Three-course
$61.46
McMeal at McDonalds (or Equivalent Combo Meal)
$7.32
Domestic Beer (0.5 liter draught)
$5.77
Imported Beer (0.33 liter bottle)
$6.21
Coke/Pepsi (0.33 liter bottle)
$1.73
Water (0.33 liter bottle)
$1.48
Cappuccino (regular)
$3.27

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$41.05
Tennis Court Rent (1 Hour on Weekend)
$27.26
Cinema, International Release, 1 Seat
$11.3

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,175.47
International Primary School, Yearly for 1 Child
$18,041.62

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,025
Price per Square Meter to Buy Apartment Outside of Centre
$6,293.46

Questions

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

The total cost of living is around $2,871 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,217 per month, and utilities cost around $117 a month. Other costs will be around $771 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 $2,824. You probably need to make more than $2,824 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,824 per month (After tax) and it's not qualification specific. $2,824 is not a good salary according to average cost of living which is $2,871.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,217 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,653.