Singapore
Toronto

Singapore vs Toronto — Cost of Living Comparison

Singapore
Singapore
VS
Toronto
Canada
Estimated average living costs are ~16% lower in Toronto

Singapore

$3,650

avg. monthly cost

Population

5,917,000

Safety

90/100

Quality

85/100

Cost
88
Safety
90
Life
85

Toronto

$3,050

avg. monthly cost

Population

2,930,000

Safety

62/100

Quality

72/100

Cost
73
Safety
62
Life
72

Data last updated:

Compare Two Cities

Estimated average living costs are ~16% lower in Toronto

Overall Monthly Cost Comparison

Singapore

$3,650

estimated per month

Toronto

$3,050

estimated per month

Difference

-16.4%

Monthly savings

$600

Yearly savings

$7,200

Figures shown are estimated averages for general comparison purposes only and may not reflect individual spending patterns.

Cost Comparison by Category

Monthly averages side by side

Estimated Salary Equivalency (Informational)

What you'd need to earn for the same lifestyle

This calculation provides an estimated comparison based on average living costs and does not represent financial or employment advice.

$/year (USD)

$62,671

-$12,329/year (USD)

Salary equivalency figures are illustrative estimates only and should not be used for employment, negotiation, or financial planning decisions.

Detailed Category Breakdown

Item-by-item price comparison across 7 categories

ItemSingaporeTorontoDiff
1-Bedroom Apartment (City Center)(per month)
$2,200.00$1,850.00
-15.9%
1-Bedroom Apartment (Outside Center)(per month)
$1,450.00$1,450.00
0.0%
3-Bedroom Apartment (City Center)(per month)
$4,200.00$3,200.00
-23.8%
3-Bedroom Apartment (Outside Center)(per month)
$2,600.00$2,400.00
-7.7%
ItemSingaporeTorontoDiff
Meal at Inexpensive Restaurant(per meal)
$4.50$18.00
+300.0%
Meal for 2 at Mid-Range Restaurant(per meal)
$50.00$80.00
+60.0%
McMeal at McDonald's(per meal)
$6.00$11.00
+83.3%
Milk (1 liter)(per liter)
$2.40$2.80
+16.7%
Bread (500g loaf)(per loaf)
$2.10$3.20
+52.4%
Rice (1 kg)(per kg)
$2.30$3.50
+52.2%
Eggs (12)(per dozen)
$2.60$4.20
+61.5%
Chicken Breast (1 kg)(per kg)
$7.80$12.50
+60.3%
Apples (1 kg)(per kg)
$4.50$4.00
-11.1%
Banana (1 kg)(per kg)
$2.20$1.80
-18.2%
ItemSingaporeTorontoDiff
Monthly Public Transit Pass(per month)
$85.00$115.00
+35.3%
One-Way Ticket (Local Transport)(per trip)
$1.40$2.50
+78.6%
Taxi Start (Normal Tariff)(base fare)
$2.80$3.50
+25.0%
Taxi 1km (Normal Tariff)(per km)
$0.55$1.60
+190.9%
Gasoline (1 liter)(per liter)
$1.85$1.45
-21.6%
ItemSingaporeTorontoDiff
Basic Utilities (85m² Apt)(per month)
$160.00$160.00
0.0%
Mobile Phone Plan(per month)
$28.00$55.00
+96.4%
Internet (60 Mbps+)(per month)
$32.00$60.00
+87.5%
ItemSingaporeTorontoDiff
Doctor Visit(per visit)
$55.00$0.00
-100.0%
Dentist Visit(per visit)
$65.00$150.00
+130.8%
Prescription Medicine (avg)(per prescription)
$20.00$25.00
+25.0%
ItemSingaporeTorontoDiff
Fitness Club Monthly(per month)
$95.00$55.00
-42.1%
Cinema Ticket(per ticket)
$10.00$14.00
+40.0%
Cappuccino(per cup)
$4.80$4.50
-6.2%
Beer (0.5l) at Restaurant(per glass)
$8.00$7.00
-12.5%
ItemSingaporeTorontoDiff
Pair of Jeans (Levi's)(per pair)
$75.00$65.00
-13.3%
Summer Dress (Chain Store)(per item)
$40.00$40.00
0.0%
Running Shoes (Nike, Adidas)(per pair)
$95.00$95.00
0.0%

Category values are aggregated estimates and may vary by neighborhood, lifestyle, and market conditions.

Frequently asked questions: Singapore vs Toronto

Is Singapore or Toronto more expensive?
Singapore is more expensive, with a cost of living index of 88 compared with 73 for Toronto.
How much cheaper is Toronto than Singapore?
Living in Toronto is around 17% cheaper than Singapore, based on their overall cost of living indices.
What is the cost of living difference between Singapore and Toronto?
Singapore scores 88 out of 100 on our cost of living index, while Toronto scores 73 — where New York City equals 100.