What is the cost of living in Toronto?

Toronto has a cost of living index of 126 (100 = Canada average). Median monthly rent is $2,750 and median household income is $82,000.

What is the average rent in Toronto?

The median monthly rent in Toronto is $2,750. The median home price is $880,000.

Is Toronto affordable?

Toronto's rent-to-income ratio is 40.2%. This exceeds the recommended 30% threshold, meaning rent takes a significant portion of household income.

What are the average salaries in Toronto?

Salaries in Toronto vary by occupation. Software Engineers earn a median of $136,017, Registered Nurses earn $90,922, and Teachers earn $78,120.

What is the quality of life in Toronto?

Toronto scores 56/100 on our quality of life index, which factors in affordability, safety (62/100), healthcare (80/100), air quality, green space, and transit access.

Toronto has a safety score of 62/100 with a crime rate of 54.2 per 1,000 residents. Safety varies by neighborhood.

Is Toronto good for digital nomads?

Toronto scores 70/100 for digital nomads, factoring in internet speed (92 Mbps), walkability (82/100), safety, and cost of living. It's a strong choice for remote workers.

What is the weather like in Toronto?

Toronto has summer highs around 27°C (81°F) and winter lows around -7°C (19°F). The city gets 2,066 hours of sunshine per year with 831mm of rainfall and 45 snow days.

Home/Canada/Ontario/Toronto

Canada

Ontario

2,870,000

Toronto

Cost of living, rent, income, taxes, and expenses for Toronto, Canada.

Cost Index

0/100

Income

$82,000/yr

Rent

$2,750/mo

Home Price

$880,000

Population

2,870,000

12mo Trend

0pts

Quality of Life Dashboard

Overall QoL

National avg: 61

Safety

Crime: 54.2/1k

Healthcare

Walkability

Nat avg: 59

Digital Nomad

Nat avg: 65

Purchasing Power

65079

Air Quality (AQI)

Green Space

13%

Education

88/100

Climate & Weather

Summer

27°C

81°F

Winter

-7°C

19°F

Sunshine

2,066

hrs/year

Rainfall

831

mm/year

Snow Days

days/year

Temperature Range

-20°C0°C20°C40°C

Lifestyle Intelligence

Walk Score82/100

Transit Score80/100

Internet Speed92 Mbps

Avg Commute34 min

Nightlife90/100

Startup Score88/100

6 Universities

Education score: 88/100

Grocery Basket & Monthly Costs

🥛

Milk (1L)

CA$3.20

🍞

Bread

CA$3.50

🥚

Eggs (12)

CA$4.50

🍚

Rice (1kg)

CA$4.80

🍗

Chicken (1kg)

CA$15

🍺

Beer (500ml)

CA$3.50

☕

Coffee

CA$5.50

🚌

Transit Pass

CA$156

💪

Gym

CA$55

🎬

Cinema

CA$16

Monthly Essentials TotalCA$444

Estimated from 15L milk, 8 loaves, 48 eggs, 4kg rice, 8kg chicken + transit + gym

Everyday Cost Snapshot

Groceries

$495

monthly household grocery budget

Utilities

$248

electric, water, and home basics

Internet

$76

home broadband estimate

Phone

$44

mobile service estimate

Transportation

$330

monthly transit and local travel

Healthcare

$275

routine monthly healthcare spend

Essentials total

$4,218

After essentials

$2,615

Rent share

40.2%

Cost Breakdown

Housing

+42%vs avg

Food & Groceries

+20%vs avg

Transportation

+18%vs avg

Utilities

+13%vs avg

Healthcare

+28%vs avg

Top Neighborhoods

Kensington Market$2,400/mo

Eclectic & bohemian

Liberty Village$2,650/mo

Young professionals

The Annex$2,300/mo

Academic & diverse

Salary Ranges in Toronto

RoleEntryMedianExpert

Chief Executive$161,935$224,910$319,372

General Manager$82,510$114,597$162,728

Operations Manager$79,425$110,313$156,644

Marketing Manager$121,066$168,147$238,769

Sales Manager$104,101$144,585$205,311

HR Manager$100,246$139,230$197,707

Financial Manager$115,668$160,650$228,123

IT Manager$126,464$175,644$249,414

12-Month Trend

Similar Cities in Canada

Surrey124

British Columbia · $2,420/mo · QoL 54

Victoria120

British Columbia · $2,300/mo · QoL 66

Mississauga118

Ontario · $2,450/mo · QoL 59

Vancouver134

British Columbia · $2,850/mo · QoL 59

Other Cities in Ontario

101

110

113

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Frequently Asked Questions

Affordability Score

Affordable — income vs rent

Digital Nomad Profile

DN Score

Internet

92 Mbps

Commute

34 min

Safety

62/100

Walkability

82/100

Tax Rates

Income Tax20.5%

CPP/EI5.45%

Property Tax1.1%

GST/HST13%

Combined Tax Load

40.0%

Budget Quick Look

Monthly Income (est.)

$6,833

Median Rent

$2,750

After Rent

$4,083

Rent-to-Income

40.2%

Housing

Median Home Price

$880,000

Population

2,870,000

Startup Ecosystem

Startup Score

Major tech hub

Assembling your view…

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