Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $3,084 and it seems moderately according to the average monthly salary which is $3,034. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,084
Cost of Living
$3,034
Average Salary
$2,382
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,832.56
Apartment (1 bedroom) Outside of Centre
$1,366.19
Apartment (3 bedrooms) in City Centre
$2,924.98
Apartment (3 bedrooms) Outside of Centre
$2,040.88

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$3,034
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
$126.56
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.35
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$54.82

Markets

Name
Price
Milk (regular), (1 liter)
$2.28
Loaf of Fresh White Bread (500g)
$2.47
Eggs (regular) (12)
$2.92
Local Cheese (1kg)
$15.82
Water (1.5 liter bottle)
$2.13
Bottle of Wine (Mid-Range)
$15.7
Domestic Beer (0.5 liter bottle)
$2.58
Imported Beer (0.33 liter bottle)
$2.96
Cigarettes 20 Pack (Marlboro)
$12.88
Apples (1kg)
$3.54
Chicken Breasts (Boneless, Skinless), (1kg)
$14.93
Oranges (1kg)
$4.01
Potato (1kg)
$2.74
Lettuce (1 head)
$2.31
Rice (white), (1kg)
$3.56
Tomato (1kg)
$3.5
Banana (1kg)
$1.71
Onion (1kg)
$2.41
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$19.18

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.53
Monthly Pass (Regular Price)
$120.11
Gasoline (1 liter)
$0.98
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$20,271.65
Taxi Start (Normal Tariff)
$3.27
Taxi 1km (Normal Tariff)
$1.78
Taxi 1hour Waiting (Normal Tariff)
$30.19
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$19,356.99

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$59.48
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$40.02
1 Pair of Nike Running Shoes (Mid-Range)
$91.89
1 Pair of Men Leather Business Shoes
$117.1

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$16.17
Meal for 2 People, Mid-range Restaurant, Three-course
$66.03
McMeal at McDonalds (or Equivalent Combo Meal)
$7.87
Domestic Beer (0.5 liter draught)
$6.2
Imported Beer (0.33 liter bottle)
$6.67
Coke/Pepsi (0.33 liter bottle)
$1.86
Water (0.33 liter bottle)
$1.58
Cappuccino (regular)
$3.51

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$44.1
Tennis Court Rent (1 Hour on Weekend)
$29.29
Cinema, International Release, 1 Seat
$12.14

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,262.8
International Primary School, Yearly for 1 Child
$19,381.99

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,621.2
Price per Square Meter to Buy Apartment Outside of Centre
$6,761.02

Questions

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

The total cost of living is around $3,084 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,382 per month, and utilities cost around $126 a month. Other costs will be around $828 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 $3,034. You probably need to make more than $3,034 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $3,034 per month (After tax) and it's not qualification specific. $3,034 is not a good salary according to average cost of living which is $3,084.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,382 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,775.