Planning to move to Toronto? Here is a complete breakdown of the cost of living for expats in Toronto, Canada as of 2026. All figures are in EUR for easy cross-country comparison.
Monthly Cost Snapshot
Full Cost Breakdown
Compared to Country Average
| Category | Toronto | Canada Avg | Difference |
|---|---|---|---|
| 1BR Rent (Centre) | €1,551 | €1,504 | +3% above avg |
| Total Single (Centre) | €2,590 | €2,426 | +7% above avg |
| Total Family (Centre) | €4,850 | €4,583 | +6% above avg |
| Groceries | €648 | €606 | +7% above avg |
| Transport | €105 | €145 | +7% above avg |
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Frequently Asked Questions
How much does it cost to live in Toronto in 2026?
A single expat living in central Toronto should budget approximately €2,590 per month, covering rent, groceries, transport, utilities, healthcare, and entertainment. A family of four needs around €4,850/month.
How much is rent in Toronto for expats?
A 1-bedroom apartment in Toronto city centre costs around €1,551/month. Outside the centre, expect to pay approximately €1,346/month. A 3-bedroom apartment in the centre is around €3,412/month.
Is Toronto expensive compared to other cities in Canada?
Toronto has a cost index of 100% relative to the capital. There are 3 cities tracked in Canada for comparison.
Related: Canada Guide · Canada Salaries · Canada Cost of Living · Visa Comparison · Compare Canada · All Countries
Data sourced from numbeo. Last verified 2026-03-10.