Cost of Living in Toronto
Canada • Pop: 2.7M
Toronto is Canada's largest city with diverse economy and multicultural population.
Multicultural hubFinancial centerTech growthDiverse economy
Cost
Index
Index
88
Rent
Index
Index
105
Avg Net Salary
£2,655/mo
Cost Breakdown vs London (Index 100)
Overall Cost
88
12% cheaperRent
105
5% pricierGroceries
85
15% cheaperRestaurants
80
20% cheaperTransport
82
18% cheaperUtilities
88
12% cheaperSalary Equivalence
How much you'd need to earn in Toronto to match a London salary
| London Salary | Equivalent in Toronto | Difference |
|---|---|---|
| £30,000 | £26,400 | Save £3,600 |
| £40,000 | £35,200 | Save £4,800 |
| £50,000 | £44,000 | Save £6,000 |
| £60,000 | £52,800 | Save £7,200 |
| £75,000 | £66,000 | Save £9,000 |
| £100,000 | £88,000 | Save £12,000 |
Living in Toronto: What to Expect
Toronto has a cost of living index of 88, meaning it is 12% cheaper than London in overall living costs.
The average net monthly salary in Toronto is approximately C$4,500 (£2,655 when converted to GBP).
Cost Breakdown
- Rent: Index of 105
- Groceries: Index of 85
- Restaurants: Index of 80
- Transport: Index of 82
- Utilities: Index of 88
Key highlights: Multicultural hub, Financial center, Tech growth, Diverse economy.
Use our UK salary calculator to see your take-home pay, or compare with other cities.