Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $2,824 and it seems moderately according to the average monthly salary which is $2,778. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$2,824
Cost of Living
$2,778
Average Salary
$2,181
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,678.25
Apartment (1 bedroom) Outside of Centre
$1,251.15
Apartment (3 bedrooms) in City Centre
$2,678.69
Apartment (3 bedrooms) Outside of Centre
$1,869.03

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,778.53
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
$115.9
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.32
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$50.2

Markets

Name
Price
Milk (regular), (1 liter)
$2.09
Loaf of Fresh White Bread (500g)
$2.26
Eggs (regular) (12)
$2.68
Local Cheese (1kg)
$14.48
Water (1.5 liter bottle)
$1.95
Bottle of Wine (Mid-Range)
$14.38
Domestic Beer (0.5 liter bottle)
$2.36
Imported Beer (0.33 liter bottle)
$2.71
Cigarettes 20 Pack (Marlboro)
$11.8
Apples (1kg)
$3.24
Chicken Breasts (Boneless, Skinless), (1kg)
$13.67
Oranges (1kg)
$3.68
Potato (1kg)
$2.51
Lettuce (1 head)
$2.11
Rice (white), (1kg)
$3.26
Tomato (1kg)
$3.21
Banana (1kg)
$1.56
Onion (1kg)
$2.2
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$17.56

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.31
Monthly Pass (Regular Price)
$110
Gasoline (1 liter)
$0.9
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$18,564.73
Taxi Start (Normal Tariff)
$2.99
Taxi 1km (Normal Tariff)
$1.63
Taxi 1hour Waiting (Normal Tariff)
$27.65
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$17,727.09

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$54.47
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$36.65
1 Pair of Nike Running Shoes (Mid-Range)
$84.15
1 Pair of Men Leather Business Shoes
$107.24

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$14.81
Meal for 2 People, Mid-range Restaurant, Three-course
$60.47
McMeal at McDonalds (or Equivalent Combo Meal)
$7.2
Domestic Beer (0.5 liter draught)
$5.68
Imported Beer (0.33 liter bottle)
$6.11
Coke/Pepsi (0.33 liter bottle)
$1.7
Water (0.33 liter bottle)
$1.45
Cappuccino (regular)
$3.22

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$40.39
Tennis Court Rent (1 Hour on Weekend)
$26.82
Cinema, International Release, 1 Seat
$11.12

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,156.47
International Primary School, Yearly for 1 Child
$17,749.98

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$7,895.28
Price per Square Meter to Buy Apartment Outside of Centre
$6,191.73

Questions

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

The total cost of living is around $2,824 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,181 per month, and utilities cost around $116 a month. Other costs will be around $758 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 $2,778. You probably need to make more than $2,778 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,778 per month (After tax) and it's not qualification specific. $2,778 is not a good salary according to average cost of living which is $2,824.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,181 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,626.