Cost of Living Comparison Between Toronto and London Cost of Living Comparison Between Toronto and London

Monthly Cost of Living

Monthly costs for one person with rent: $2,754 in Toronto versus $2,471 in London.

Estimated couple costs with rent: $4,024 in Toronto versus $3,488 in London.

Monthly costs for a family of three with rent: $5,294 in Toronto versus $4,506 in London.

Living in Toronto is roughly 11% more expensive than London, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Toronto 106% above, London 85% above.

Meal at Budget Restaurant

$18.87 CA$25.86

$18.58 CA$25.46

1.56%

Three-Course Dinner for Two, Mid-Range

$82.6 CA$113

$72.9 CA$99.9

13.25%

Fast Food Meal (McDonalds, etc)

$11.19 CA$15.33

$10.27 CA$14.07

8.96%

Cappuccino

$3.83 CA$5.25

$3.58 CA$4.91

6.98%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.19 CA$3.00

$1.90 CA$2.60

15.26%

Water (0.33 liter bottle)

$1.63 CA$2.24

$1.86 CA$2.55

-12.37%

Local Beer (0.5 liter draught)

$5.73 CA$7.85

$5.93 CA$8.13

-3.37%

Imported Beer (0.33 liter bottle)

$6.58 CA$9.01

$6.79 CA$9.30

-3.09%

Milk (1 liter)

$2.80 CA$3.83

$1.69 CA$2.32

65.68%

White Bread (500g)

$2.77 CA$3.80

$2.39 CA$3.28

15.90%

Rice (white) (1kg)

$3.55 CA$4.86

$3.37 CA$4.61

5.34%

Eggs

$3.46 CA$4.75

$3.38 CA$4.63

2.37%

Local Cheese (1kg)

$13.39 CA$18.35

$9.81 CA$13.44

36.49%

Chicken Fillets (1kg)

$12.88 CA$17.64

$12.18 CA$16.69

5.75%

Beef Round Steak (1kg)

$16.36 CA$22.42

$9.03 CA$12.38

81.17%

Apples (1kg)

$4.14 CA$5.67

$4.48 CA$6.14

-7.59%

Banana (1kg)

$1.14 CA$1.56

$1.37 CA$1.87

-16.79%

Oranges (1kg)

$3.39 CA$4.65

$3.61 CA$4.94

-6.09%

Tomato (1kg)

$4.05 CA$5.55

$3.86 CA$5.29

4.92%

Potato (1kg)

$2.53 CA$3.47

$1.69 CA$2.32

49.70%

Onion (1kg)

$2.82 CA$3.87

$2.05 CA$2.81

37.56%

Lettuce (1 head)

$2.46 CA$3.38

$2.11 CA$2.89

16.59%

Water (1.5 liter bottle)

$1.97 CA$2.70

$1.43 CA$1.96

37.76%

Cigarettes 20 Pack (Marlboro, Camel)

$14.78 CA$20.25

$12.47 CA$17.08

18.52%

Wine (Bottle)

$14.57 CA$19.96

$13.28 CA$18.20

9.71%

Local Beer (0.5 liter bottle)

$2.67 CA$3.66

$2.15 CA$2.95

24.19%

Imported Beer (0.33 liter bottle)

$3.19 CA$4.37

$2.58 CA$3.53

23.64%

One-way Ticket (Public Transport)

$2.41 CA$3.30

$2.34 CA$3.21

2.99%

Public Transport Monthly Pass (Regular Price)

$113 CA$154

$81.9 CA$112

37.48%

Taxi Start (Normal Tariff)

$3.59 CA$4.92

$4.09 CA$5.61

-12.22%

Taxi (Normal Tariff) (1km)

$1.35 CA$1.84

$1.75 CA$2.40

-22.86%

Taxi 1hour Waiting (Normal Tariff)

$25.88 CA$35.45

$31.05 CA$42.54

-16.65%

Gasoline (1 liter)

$1.10 CA$1.51

$1.11 CA$1.53

-0.90%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$25.1K CA$34.4K

$25.3K CA$34.7K

-0.62%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.7K CA$29.7K

$20.4K CA$27.9K

6.48%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$116 CA$159

$143 CA$196

-18.67%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$37.49 CA$51.4

$46.69 CA$64.0

-19.70%

Internet (50+ Mbps, Unlimited Data)

$55.1 CA$75.4

$58.4 CA$80.0

-5.67%

Gym Membership (Monthly)

$57.0 CA$78.1

$42.26 CA$57.9

34.93%

Tennis Court (1 Hour on Weekend)

$20.45 CA$28.01

$7.32 CA$10.03

179.37%

Cinema Ticket

$11.83 CA$16.20

$11.02 CA$15.10

7.35%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,121 CA$1,536

$554 CA$759

102.41%

International Primary School, 1 Child (Yearly)

$18.5K CA$25.3K

$14.2K CA$19.5K

29.80%

Jeans (Levis 501 Or Similar)

$56.8 CA$77.8

$55.3 CA$75.7

2.79%

Summer Dress (H&M, Zara, etc)

$38.87 CA$53.3

$46.60 CA$63.8

-16.59%

Sport Shoes (Adidas, Nike)

$89.4 CA$123

$85.6 CA$117

4.46%

Men's Leather Business Shoes

$114 CA$157

$80.9 CA$111

41.27%

1-bedroom Apartment, City Center (Monthly)

$1,844 CA$2,526

$1,457 CA$1,997

26.50%

1-bedroom Apartment, Outside City Center (Monthly)

$1,557 CA$2,133

$1,308 CA$1,792

19.05%

3-bedroom Apartment, City Center (Monthly)

$2,940 CA$4,027

$2,574 CA$3,526

14.22%

3-bedroom Apartment, Outside City Center (Monthly)

$2,432 CA$3,332

$1,999 CA$2,739

21.66%

Buy Apartment in City Center (m2)

$8,557 CA$11.7K

$3,587 CA$4,915

138.52%

Buy Apartment Outside City Center (m2)

$6,919 CA$9,479

$3,702 CA$5,071

86.90%

Average Monthly Net Salary (After Tax)

$3,596 CA$4,927

$3,024 CA$4,142

18.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.21

-16.91%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Toronto: April 27, 2026

Last update for London: April 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,844 in Toronto and $1,457 in London. Housing cost is often the main lever when comparing two cities.

Toronto pays 19% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $83.0 in Toronto vs $73.0 in London for a mid-range dinner for two. Groceries echo the gap at $394 vs $327 per month, with London cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Toronto vs London: Cost of Living - Frequently Asked Questions

London is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Getting Around, Sport & Entertainment. The 11% gap adds up to real monthly savings that compound significantly over time.

Toronto pays 19% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,844 in Toronto versus $1,457 in London. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,754 per month in Toronto versus $2,471 in London – a 11% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in London runs roughly 37% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,471 in London versus $2,754 in Toronto, a $2,500 budget is realistic in London but tight or insufficient in Toronto. The gap between the two cities makes London the clear choice for anyone on this budget.

For families, London is more practical. Housing and childcare are both notably cheaper than in Toronto, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Toronto and London are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find London gentler on the wallet – expenses run 11% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.