Toronto, Canada

Cost of Living in Toronto, Canada

Quick answer: As of 2026, living in Toronto costs approximately $2,049 per month for one person, with city-centre one-bedroom rent averaging $1,690. Actual costs vary with lifestyle, neighborhood, and exchange rates.

Toronto is a city in Canada, where a single person can expect to spend about $2,049 per month including rent, food, and local transport. A one-bedroom apartment in the city centre averages $1,690 per month, or $1,466 outside the centre. Internet is fast at around 256 Mbps median download speed. On safety, Toronto scores 77/100 — generally safe for residents and visitors. Expect summer highs near 79°F and winter highs around 35°F, with roughly 268 sunny days a year.

Top for CoworkingTop for VegetarianTop for Sports EventsTop for Pub SceneFamily friendlyMajor airport hub
Monthly Cost$2,049≈ $68/day
1BR Rent (Centre)$1,690
Internet256 Mbps
Safety77/100
Avg Temp57°F

Toronto Cost of Living Breakdown

🍽️ Dining

Inexpensive Restaurant$18.25
Mid-Range Restaurant (2 People)$87.59
McDonald's Combo Meal$11.68
Cappuccino$4.09
Domestic Beer (Restaurant)$6.57
Bottled Water (Restaurant)$1.77

🛒 Groceries

Milk (1 Liter)$2.80
Bread (1 lb Loaf)$2.59
Eggs (12)$3.59
Chicken Fillets (1 lb)$5.91
Apples (1 lb)$1.77
Bananas (1 lb)$0.60
Tomatoes (1 lb)$1.84
Potatoes (1 lb)$1.10
Water (1.5L Bottle)$1.91
Wine (Mid-Range Bottle)$13.14
Cigarettes (Marlboro)$14.60

🚌 Transportation

One-Way Ticket$2.45
Monthly Transit Pass$113.87
Taxi Start$3.10
Taxi (1 Mile)$2.06
Gasoline (1 Liter)$0.99
VW Golf (New)$27,283.21

⚡ Utilities & Tech

Basic Utilities (Monthly)$151.26
Mobile Phone Plan$38.40
Broadband Internet$54.89

🎬 Lifestyle

Gym Membership (Monthly)$58.97
Cinema Ticket$13.13
Preschool (Monthly)$1,049.77
Intl. Primary School (Annual)$20,388.36

👔 Clothing

Jeans (Levi's 501)$57.77
Nike Running Shoes$91.18

🏠 Housing

Rent 1BR (City Centre)$1,689.71
Rent 1BR (Outside Centre)$1,465.93
Rent 3BR (City Centre)$2,704.51
Rent 3BR (Outside Centre)$2,267.88
Buy Price/sqft (Centre)$826.91
Buy Price/sqft (Outside)$637.68

📊 Summary

Avg Monthly Net Salary$3,659.01
Mortgage Interest Rate4.44%

Cost data sourced from Numbeo.

Lifestyle & Quality of Life in Toronto

Internet256 Mbps
Safety77/100
Healthcare74/100
Public Transit78/100
Walkability61/100
Nightlife80/100
Food Scene82/100
Fine Dining45/100
Coffee Culture55/100
Air Quality73/100
Green Spaces45/100
Culture85/100
Beaches15/100
Hiking45/100
Surfing10/100
Coworking Spaces85
US Visa-Free180 days

Neighborhoods in Toronto

Queen West · Kensington Market · The Annex · Distillery District

Toronto FAQ

How much does it cost to live in Toronto?

A single person should budget around $2,049 per month in Toronto, covering rent, groceries, transport, and basic lifestyle costs.

How much is rent in Toronto?

A one-bedroom apartment in central Toronto averages $1,690 per month, dropping to about $1,466 outside the centre. A three-bedroom in the centre runs about $2,705.

Is Toronto safe?

Toronto scores 77/100 on safety, which is generally safe. Tourist safety is rated 72/100.

How fast is the internet in Toronto?

Median download speeds in Toronto are around 256 Mbps — fast for remote work and video calls. There are roughly 85 coworking spaces in the city.

Does Canada offer a digital nomad visa?

Canada does not currently offer a dedicated digital nomad visa. US passport holders can usually stay 180 days visa-free.

What is the weather like in Toronto?

Toronto sees summer highs around 79°F and winter highs near 35°F, with about 268 sunny days and 134 rainy days per year.

Toronto in our travel guides

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