Cost of Living in Toronto, Canada
North America
Toronto is Canada's largest city and financial hub, with a cost of living that has risen sharply in recent years due to population growth and housing supply constraints. The city's multicultural neighborhoods offer diverse food and lifestyle options at various price points. Cold winters mean higher utility bills, but summers are vibrant with festivals and outdoor events.
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Overall Cost Index
64
Relative to New York City = 100
Monthly Cost Breakdown
| Category | Approx. Cost (USD) |
|---|---|
| Rent — 1 Bedroom (City Center) | $2,300 |
| Rent — 1 Bedroom (Outside Center) | $1,700 |
| Monthly Groceries | $380 |
| Monthly Public Transit Pass | $115 |
| Monthly Utilities | $150 |
| Estimated Monthly Total | $2,945 |
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