Toronto
Vancouver

Toronto vs Vancouver — Cost of Living Comparison

Toronto
Canada
VS
Vancouver
Canada
Similar cost of living

Toronto

$3,050

avg. monthly cost

Population

2,930,000

Safety

62/100

Quality

72/100

Cost
73
Safety
62
Life
72

Vancouver

$3,100

avg. monthly cost

Population

2,580,000

Safety

60/100

Quality

74/100

Cost
75
Safety
60
Life
74

Data last updated:

Compare Two Cities

Similar cost of living

Overall Monthly Cost Comparison

Toronto

$3,050

estimated per month

Vancouver

$3,100

estimated per month

Difference

+1.6%

Monthly savings

$50

Yearly savings

$600

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)

$76,230

+$1,230/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

ItemTorontoVancouverDiff
1-Bedroom Apartment (City Center)(per month)
$1,850.00$1,950.00
+5.4%
1-Bedroom Apartment (Outside Center)(per month)
$1,450.00$1,500.00
+3.4%
3-Bedroom Apartment (City Center)(per month)
$3,200.00$3,400.00
+6.3%
3-Bedroom Apartment (Outside Center)(per month)
$2,400.00$2,550.00
+6.3%
ItemTorontoVancouverDiff
Meal at Inexpensive Restaurant(per meal)
$18.00$18.00
0.0%
Meal for 2 at Mid-Range Restaurant(per meal)
$80.00$85.00
+6.3%
McMeal at McDonald's(per meal)
$11.00$11.00
0.0%
Milk (1 liter)(per liter)
$2.80$2.90
+3.6%
Bread (500g loaf)(per loaf)
$3.20$3.30
+3.1%
Rice (1 kg)(per kg)
$3.50$3.60
+2.9%
Eggs (12)(per dozen)
$4.20$4.50
+7.1%
Chicken Breast (1 kg)(per kg)
$12.50$13.00
+4.0%
Apples (1 kg)(per kg)
$4.00$4.20
+5.0%
Banana (1 kg)(per kg)
$1.80$1.85
+2.8%
ItemTorontoVancouverDiff
Monthly Public Transit Pass(per month)
$115.00$105.00
-8.7%
One-Way Ticket (Local Transport)(per trip)
$2.50$2.30
-8.0%
Taxi Start (Normal Tariff)(base fare)
$3.50$3.60
+2.9%
Taxi 1km (Normal Tariff)(per km)
$1.60$1.70
+6.2%
Gasoline (1 liter)(per liter)
$1.45$1.55
+6.9%
ItemTorontoVancouverDiff
Basic Utilities (85m² Apt)(per month)
$160.00$130.00
-18.7%
Mobile Phone Plan(per month)
$55.00$58.00
+5.5%
Internet (60 Mbps+)(per month)
$60.00$62.00
+3.3%
ItemTorontoVancouverDiff
Doctor Visit(per visit)
$0.00$0.00
0.0%
Dentist Visit(per visit)
$150.00$160.00
+6.7%
Prescription Medicine (avg)(per prescription)
$25.00$28.00
+12.0%
ItemTorontoVancouverDiff
Fitness Club Monthly(per month)
$55.00$58.00
+5.5%
Cinema Ticket(per ticket)
$14.00$14.00
0.0%
Cappuccino(per cup)
$4.50$4.80
+6.7%
Beer (0.5l) at Restaurant(per glass)
$7.00$7.50
+7.1%
ItemTorontoVancouverDiff
Pair of Jeans (Levi's)(per pair)
$65.00$68.00
+4.6%
Summer Dress (Chain Store)(per item)
$40.00$42.00
+5.0%
Running Shoes (Nike, Adidas)(per pair)
$95.00$100.00
+5.3%

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

Frequently asked questions: Toronto vs Vancouver

Is Toronto or Vancouver more expensive?
Vancouver is more expensive, with a cost of living index of 75 compared with 73 for Toronto.
How much cheaper is Toronto than Vancouver?
Living in Toronto is around 3% cheaper than Vancouver, based on their overall cost of living indices.
What is the cost of living difference between Toronto and Vancouver?
Toronto scores 73 out of 100 on our cost of living index, while Vancouver scores 75 — where New York City equals 100.