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: $2,668 in Toronto versus $2,413 in London.

Estimated couple costs with rent: $3,801 in Toronto versus $3,451 in London.

Monthly costs for a family of three with rent: $4,934 in Toronto versus $4,490 in London.

Living in Toronto is roughly 11% more expensive than in London, driven mainly by Eating Out.

Both cities are pricier than the global median: Toronto 95% above, London 76% above.

Meal at Budget Restaurant

$18.31 CA$25.62

$21.91 CA$30.65

-16.43%

Three-Course Dinner for Two, Mid-Range

$80.4 CA$112

$64.4 CA$90.1

24.79%

Fast Food Meal (McDonalds, etc)

$10.61 CA$14.84

$12.45 CA$17.42

-14.78%

Cappuccino

$3.99 CA$5.59

$3.79 CA$5.30

5.28%

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

$2.16 CA$3.02

$2.22 CA$3.11

-2.70%

Water (0.33 liter bottle)

$1.76 CA$2.46

$2.20 CA$3.08

-20.00%

Local Beer (0.5 liter draught)

$6.65 CA$9.30

$6.34 CA$8.87

4.89%

Imported Beer (0.33 liter bottle)

$7.20 CA$10.07

$6.55 CA$9.17

9.92%

Milk (1 liter)

$2.84 CA$3.97

$2.02 CA$2.83

40.59%

White Bread (500g)

$2.75 CA$3.85

$2.60 CA$3.63

5.77%

Rice (white) (1kg)

$2.51 CA$3.50

$4.05 CA$5.66

-38.02%

Eggs

$3.83 CA$5.35

$3.78 CA$5.28

1.32%

Local Cheese (1kg)

$10.01 CA$14.00

$10.17 CA$14.23

-1.57%

Chicken Fillets (1kg)

$11.96 CA$16.73

$11.83 CA$16.55

1.10%

Beef Round Steak (1kg)

$15.63 CA$21.87

$15.37 CA$21.50

1.69%

Apples (1kg)

$3.67 CA$5.14

$4.36 CA$6.09

-15.83%

Banana (1kg)

$1.27 CA$1.78

$1.38 CA$1.93

-7.97%

Oranges (1kg)

$3.87 CA$5.41

$3.93 CA$5.50

-1.53%

Tomato (1kg)

$4.23 CA$5.91

$4.10 CA$5.74

3.17%

Potato (1kg)

$1.86 CA$2.60

$3.14 CA$4.39

-40.76%

Onion (1kg)

$1.53 CA$2.15

$3.17 CA$4.44

-51.74%

Lettuce (1 head)

$2.30 CA$3.22

$2.51 CA$3.51

-8.37%

Water (1.5 liter bottle)

$1.44 CA$2.01

$1.48 CA$2.08

-2.70%

Cigarettes 20 Pack (Marlboro, Camel)

$14.12 CA$19.75

$12.05 CA$16.86

17.18%

Wine (Bottle)

$14.53 CA$20.33

$12.34 CA$17.27

17.75%

Local Beer (0.5 liter bottle)

$2.22 CA$3.11

$2.55 CA$3.57

-12.94%

Imported Beer (0.33 liter bottle)

$2.55 CA$3.57

$2.87 CA$4.02

-11.15%

One-way Ticket (Public Transport)

$2.47 CA$3.46

$2.37 CA$3.31

4.22%

Public Transport Monthly Pass (Regular Price)

$113 CA$158

$81.3 CA$114

38.84%

Taxi Start (Normal Tariff)

$3.10 CA$4.34

$2.58 CA$3.61

20.16%

Taxi (Normal Tariff) (1km)

$1.28 CA$1.78

$1.65 CA$2.31

-22.42%

Taxi 1hour Waiting (Normal Tariff)

$21.87 CA$30.60

$22.58 CA$31.59

-3.14%

Gasoline (1 liter)

$1.23 CA$1.72

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

$27.2K CA$38.1K

$28.1K CA$39.4K

-3.25%

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

$20.3K CA$28.5K

$24.1K CA$33.7K

-15.48%

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

$122 CA$171

$139 CA$194

-11.57%

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

$33.21 CA$46.46

$41.37 CA$57.9

-19.72%

Internet (50+ Mbps, Unlimited Data)

$49.37 CA$69.1

$56.4 CA$78.9

-12.43%

Gym Membership (Monthly)

$40.05 CA$56.0

$38.15 CA$53.4

4.98%

Tennis Court (1 Hour on Weekend)

$23.78 CA$33.26

$28.95 CA$40.50

-17.86%

Cinema Ticket

$12.70 CA$17.76

$10.73 CA$15.00

18.36%

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

$772 CA$1,080

$426 CA$596

81.20%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.3K

$20.5K CA$28.6K

16.41%

Jeans (Levis 501 Or Similar)

$53.4 CA$74.7

$54.0 CA$75.5

-1.04%

Summer Dress (H&M, Zara, etc)

$42.13 CA$58.9

$39.82 CA$55.7

5.80%

Sport Shoes (Adidas, Nike)

$99.7 CA$139

$83.6 CA$117

19.31%

Men's Leather Business Shoes

$123 CA$172

$91.0 CA$127

34.92%

1-bedroom Apartment, City Center (Monthly)

$1,597 CA$2,234

$1,271 CA$1,778

25.67%

1-bedroom Apartment, Outside City Center (Monthly)

$1,439 CA$2,013

$1,156 CA$1,617

24.48%

3-bedroom Apartment, City Center (Monthly)

$2,738 CA$3,830

$2,109 CA$2,951

29.78%

3-bedroom Apartment, Outside City Center (Monthly)

$2,163 CA$3,026

$1,697 CA$2,375

27.44%

Buy Apartment in City Center (m2)

$8,246 CA$11.5K

$3,526 CA$4,932

133.86%

Buy Apartment Outside City Center (m2)

$6,695 CA$9,366

$3,696 CA$5,170

81.17%

Average Monthly Net Salary (After Tax)

$3,830 CA$5,358

$2,971 CA$4,156

28.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.72

-5.30%

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

Last update for Toronto: September 12, 2026

Last update for London: September 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,597 in Toronto and $1,271 in London. Housing cost is often the main lever when comparing two cities.

Toronto pays 29% 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: $80.0 in Toronto vs $64.0 in London. Groceries flip the comparison at $361 vs $366, with Toronto cheaper for home cooking.

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 Clothing & Footwear, Getting Around, Sport & Entertainment. The 11% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 29% 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: $1,597 in Toronto versus $1,271 in London. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,668 per month in Toronto versus $2,413 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 39% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,413 in London versus $2,668 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.