Last update: Oct 2026

Cost of Living Comparison Between Toronto and London, Canada

Name: London
Address: London, CA

For one person, living is cheaper in London: $2,342 a month against $2,589 in Toronto, rent and utilities included – about $3,000 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
112

Cost of Living Index in London
Learn more

London Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,589

/mo nomad

London

🇨🇦 Canada

$2,342

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in London

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Toronto and in London actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,589 in Toronto versus $2,342 in London.

Toronto $2,589
London $2,342

Estimated couple costs with rent: $3,710 in Toronto versus $3,356 in London.

Toronto $3,710
London $3,356

Monthly costs for a family of three with rent: $4,831 in Toronto versus $4,370 in London.

Toronto $4,831
London $4,370

Living in Toronto is roughly 11% more expensive than in London, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Toronto 90% above, London 72% above.

Meal at Budget Restaurant

$17.60 CA$24.59

$21.44 CA$29.96

-17.91%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$64.9 CA$90.6

19.95%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.79

$12.45 CA$17.40

-14.94%

Cappuccino

$4.16 CA$5.81

$3.75 CA$5.24

10.93%

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

$2.04 CA$2.86

$2.21 CA$3.09

-7.69%

Water (0.33 liter bottle)

$1.75 CA$2.45

$2.13 CA$2.98

-17.84%

Local Beer (0.5 liter draught)

$6.58 CA$9.19

$6.26 CA$8.74

5.11%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.94

$6.40 CA$8.94

11.09%

Milk (1 liter)

$2.53 CA$3.54

$1.89 CA$2.64

33.86%

White Bread (500g)

$2.70 CA$3.78

$2.67 CA$3.73

1.12%

Rice (white) (1kg)

$2.24 CA$3.13

$4.07 CA$5.68

-44.96%

Eggs

$3.48 CA$4.87

$3.69 CA$5.15

-5.69%

Local Cheese (1kg)

$9.38 CA$13.10

$10.02 CA$14.00

-6.39%

Chicken Fillets (1kg)

$11.60 CA$16.21

$11.75 CA$16.41

-1.28%

Beef Round Steak (1kg)

$14.68 CA$20.52

$14.92 CA$20.85

-1.61%

Apples (1kg)

$3.74 CA$5.23

$4.38 CA$6.11

-14.61%

Banana (1kg)

$1.22 CA$1.71

$1.21 CA$1.68

0.83%

Oranges (1kg)

$3.48 CA$4.86

$3.79 CA$5.29

-8.18%

Tomato (1kg)

$4.32 CA$6.04

$4.21 CA$5.88

2.61%

Potato (1kg)

$1.85 CA$2.59

$3.20 CA$4.47

-42.19%

Onion (1kg)

$1.69 CA$2.36

$3.07 CA$4.30

-44.95%

Lettuce (1 head)

$2.23 CA$3.11

$2.52 CA$3.53

-11.51%

Water (1.5 liter bottle)

$1.28 CA$1.78

$1.54 CA$2.16

-16.88%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.62

$12.01 CA$16.78

16.90%

Wine (Bottle)

$14.43 CA$20.16

$12.68 CA$17.72

13.80%

Local Beer (0.5 liter bottle)

$2.16 CA$3.01

$2.55 CA$3.57

-15.29%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.53

$2.91 CA$4.07

-13.40%

One-way Ticket (Public Transport)

$2.37 CA$3.31

$2.55 CA$3.56

-7.06%

Public Transport Monthly Pass (Regular Price)

$112 CA$157

$80.3 CA$112

40.08%

Taxi Start (Normal Tariff)

$3.04 CA$4.25

$2.45 CA$3.42

24.08%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.73

$1.64 CA$2.29

-24.39%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.51

$22.15 CA$30.95

1.81%

Gasoline (1 liter)

$1.24 CA$1.74

$1.25 CA$1.74

-0.80%

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

$26.9K CA$37.6K

$26.8K CA$37.5K

0.36%

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

$21.4K CA$29.9K

$23.2K CA$32.4K

-7.67%

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

$125 CA$174

$139 CA$194

-10.28%

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

$33.05 CA$46.19

$39.22 CA$54.8

-15.73%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.0

$56.6 CA$79.1

-15.27%

Gym Membership (Monthly)

$36.69 CA$51.3

$35.95 CA$50.2

2.06%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.07

$28.81 CA$40.25

-17.84%

Cinema Ticket

$13.08 CA$18.27

$10.83 CA$15.14

20.78%

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

$759 CA$1,060

$419 CA$586

80.94%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.2K

$20.8K CA$29.1K

14.26%

Jeans (Levis 501 Or Similar)

$53.5 CA$74.8

$54.2 CA$75.7

-1.13%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.5

$38.94 CA$54.4

3.85%

Sport Shoes (Adidas, Nike)

$100 CA$140

$81.1 CA$113

23.97%

Men's Leather Business Shoes

$125 CA$175

$91.4 CA$128

37.04%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,277

$1,323 CA$1,849

23.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,978

$1,149 CA$1,606

23.17%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,765

$2,099 CA$2,932

28.38%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,936

$1,681 CA$2,349

24.99%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

$4,124 CA$5,762

83.10%

Buy Apartment Outside City Center (m2)

$6,674 CA$9,325

$3,452 CA$4,823

93.36%

Average Monthly Net Salary (After Tax)

$3,543 CA$4,951

$3,052 CA$4,265

16.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

4.72

-5.72%

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

Last update for Toronto: October 26, 2026

Last update for London: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Toronto

$1.4K 54.7%

London

$1.1K 49.1% 18.8% $266

Groceries & Markets

Toronto

$345 13.3%

London

$364 15.5% 5.5% $19

Eating Out

Toronto

$285 11%

London

$315 13.5% 10.7% $31

Monthly Utilities & Internet

Toronto

$206 7.9%

London

$235 10% 14.1% $29

Clothing & Footwear

Toronto

$144 5.6%

London

$119 5.1% 16.9% $24

Getting Around

Toronto

$131 5.1%

London

$101 4.3% 22.9% $30

Sport & Entertainment

Toronto

$63 2.4%

London

$58 2.5% 8.3% $5.2

Cost Breakdown

A one-bedroom apartment in the center runs $1,630 in Toronto and $1,323 in London. Housing cost is often the main lever when comparing two cities.

Toronto pays 16% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $78 in Toronto vs $65 in London. Groceries flip the comparison at $345 vs $364, with Toronto cheaper for home cooking.

Good to know

🇨🇦 Toronto

🇨🇦 London

🕒 Local time

19:06 7:06 PM

Same time as Toronto

🌤 Weather

👥 Population

2,731,571

383,822

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Toronto London 170 km

From you

Toronto
London

Distances are measured in a straight line. Your location is detected approximately.

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 about 10% cheaper overall, especially in transport, clothing, and leisure. That difference adds up to real monthly savings that compound significantly over time.

Average pay runs 16% higher in Toronto, 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: $1,630 in Toronto versus $1,323 in London. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,589 per month in Toronto versus $2,342 in London – London is about 10% cheaper, which adds up to real savings over time.

A monthly transit pass in London runs roughly 29% less than in Toronto. The price difference matters if you commute daily and watch your budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – London wins on affordability, Toronto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.