Cost of Living in Toronto

Canada

Summary

Cost of living in Toronto, Canada is $2,982 and it seems moderately according to the average monthly salary which is $2,933. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$2,982
Cost of Living
$2,933
Average Salary
$2,303
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,771.9
Apartment (1 bedroom) Outside of Centre
$1,320.97
Apartment (3 bedrooms) in City Centre
$2,828.16
Apartment (3 bedrooms) Outside of Centre
$1,973.32

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,933.57
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
$122.37
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.34
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$53

Markets

Name
Price
Milk (regular), (1 liter)
$2.21
Loaf of Fresh White Bread (500g)
$2.39
Eggs (regular) (12)
$2.83
Local Cheese (1kg)
$15.29
Water (1.5 liter bottle)
$2.06
Bottle of Wine (Mid-Range)
$15.18
Domestic Beer (0.5 liter bottle)
$2.49
Imported Beer (0.33 liter bottle)
$2.86
Cigarettes 20 Pack (Marlboro)
$12.46
Apples (1kg)
$3.42
Chicken Breasts (Boneless, Skinless), (1kg)
$14.44
Oranges (1kg)
$3.88
Potato (1kg)
$2.65
Lettuce (1 head)
$2.23
Rice (white), (1kg)
$3.44
Tomato (1kg)
$3.39
Banana (1kg)
$1.65
Onion (1kg)
$2.33
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$18.54

Transportation

Name
Price
One-way Ticket (Local Transport)
$2.44
Monthly Pass (Regular Price)
$116.14
Gasoline (1 liter)
$0.95
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$19,600.63
Taxi Start (Normal Tariff)
$3.16
Taxi 1km (Normal Tariff)
$1.72
Taxi 1hour Waiting (Normal Tariff)
$29.19
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$18,716.25

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$57.51
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$38.69
1 Pair of Nike Running Shoes (Mid-Range)
$88.85
1 Pair of Men Leather Business Shoes
$113.22

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$15.64
Meal for 2 People, Mid-range Restaurant, Three-course
$63.85
McMeal at McDonalds (or Equivalent Combo Meal)
$7.61
Domestic Beer (0.5 liter draught)
$6
Imported Beer (0.33 liter bottle)
$6.45
Coke/Pepsi (0.33 liter bottle)
$1.79
Water (0.33 liter bottle)
$1.53
Cappuccino (regular)
$3.4

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$42.64
Tennis Court Rent (1 Hour on Weekend)
$28.32
Cinema, International Release, 1 Seat
$11.74

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,221
International Primary School, Yearly for 1 Child
$18,740.42

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$8,335.83
Price per Square Meter to Buy Apartment Outside of Centre
$6,537.22

Questions

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

The total cost of living is around $2,982 in Toronto. The average rent in Toronto for a one-bedroom apartment in the city centre is approximately $2,303 per month, and utilities cost around $122 a month. Other costs will be around $801 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 $2,933. You probably need to make more than $2,933 to live comfortable in Toronto.

What is the average salary in Toronto?

A person working in Toronto typically earns around $2,933 per month (After tax) and it's not qualification specific. $2,933 is not a good salary according to average cost of living which is $2,982.

What is the average rent in Toronto?

The average one-bedroom apartment in Toronto city centre stands at around $2,303 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,717.