Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $3,167 and it seems moderately according to the average monthly salary which is $3,115. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,167
Cost of Living
$3,115
Average Salary
$2,446
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,881.79
Apartment (1 bedroom) Outside of Centre
$1,402.89
Apartment (3 bedrooms) in City Centre
$3,003.56
Apartment (3 bedrooms) Outside of Centre
$2,095.71

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,115.5
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
$129.96
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.36
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$56.29

Markets

Name
Price
Milk (regular), (1 liter)
$2.35
Loaf of Fresh White Bread (500g)
$2.54
Eggs (regular) (12)
$3
Local Cheese (1kg)
$16.24
Water (1.5 liter bottle)
$2.19
Bottle of Wine (Mid-Range)
$16.12
Domestic Beer (0.5 liter bottle)
$2.64
Imported Beer (0.33 liter bottle)
$3.03
Cigarettes 20 Pack (Marlboro)
$13.23
Apples (1kg)
$3.64
Chicken Breasts (Boneless, Skinless), (1kg)
$15.33
Oranges (1kg)
$4.12
Potato (1kg)
$2.81
Lettuce (1 head)
$2.37
Rice (white), (1kg)
$3.65
Tomato (1kg)
$3.6
Banana (1kg)
$1.75
Onion (1kg)
$2.47
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$19.69

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.59
Monthly Pass (Regular Price)
$123.34
Gasoline (1 liter)
$1.01
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$20,816.23
Taxi Start (Normal Tariff)
$3.35
Taxi 1km (Normal Tariff)
$1.83
Taxi 1hour Waiting (Normal Tariff)
$31
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$19,876.99

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$61.08
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$41.09
1 Pair of Nike Running Shoes (Mid-Range)
$94.36
1 Pair of Men Leather Business Shoes
$120.25

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$16.61
Meal for 2 People, Mid-range Restaurant, Three-course
$67.81
McMeal at McDonalds (or Equivalent Combo Meal)
$8.08
Domestic Beer (0.5 liter draught)
$6.37
Imported Beer (0.33 liter bottle)
$6.85
Coke/Pepsi (0.33 liter bottle)
$1.91
Water (0.33 liter bottle)
$1.63
Cappuccino (regular)
$3.61

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$45.28
Tennis Court Rent (1 Hour on Weekend)
$30.08
Cinema, International Release, 1 Seat
$12.47

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,296.73
International Primary School, Yearly for 1 Child
$19,902.67

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,852.8
Price per Square Meter to Buy Apartment Outside of Centre
$6,942.65

Questions

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

The total cost of living is around $3,167 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,446 per month, and utilities cost around $130 a month. Other costs will be around $850 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 $3,115. You probably need to make more than $3,115 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $3,115 per month (After tax) and it's not qualification specific. $3,115 is not a good salary according to average cost of living which is $3,167.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,446 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,823.