Cost of Living Comparison Between London and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 15.9% lower than in London (without rent)
Cost of Living Including Rent in Toronto is 24.4% lower than in London
Rent Prices in Toronto are 34.8% lower than in London
Restaurant Prices in Toronto are 17.3% lower than in London
Groceries Prices in Toronto are 5.5% higher than in London
Local Purchasing Power in Toronto is 2.9% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 25.49 $
(20.00 £)
18.70 $
(25.50 C$)
     -26.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 101.95 $
(80.00 £)
88.00 $
(120.00 C$)
     -13.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.19 $
(8.00 £)
11.00 $
(15.00 C$)
     +7.9 %
Domestic Beer (1 pint draught) 8.28 $
(6.50 £)
5.93 $
(8.09 C$)
     -28.4 %
Imported Beer (12 oz small bottle) 6.65 $
(5.22 £)
7.33 $
(10.00 C$)
     +10.3 %
Cappuccino (regular) 4.62 $
(3.62 £)
4.12 $
(5.62 C$)
     -10.7 %
Coke/Pepsi (12 oz small bottle) 2.52 $
(1.98 £)
2.13 $
(2.91 C$)
     -15.4 %
Water (12 oz small bottle) 1.94 $
(1.52 £)
1.62 $
(2.22 C$)
     -16.1 %
Markets
London Edit Toronto Edit
Milk (regular), (1 gallon) 6.28 $
(4.93 £)
11.16 $
(15.22 C$)
     +77.7 %
Loaf of Fresh White Bread (1 lb) 1.76 $
(1.38 £)
2.55 $
(3.47 C$)
     +44.4 %
Rice (white), (1 lb) 1.20 $
(0.94 £)
1.60 $
(2.19 C$)
     +34.2 %
Eggs (regular) (12) 4.03 $
(3.16 £)
3.36 $
(4.59 C$)
     -16.6 %
Local Cheese (1 lb) 4.66 $
(3.66 £)
4.98 $
(6.79 C$)
     +6.9 %
Chicken Fillets (1 lb) 4.35 $
(3.41 £)
5.63 $
(7.68 C$)
     +29.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.91 $
(5.42 £)
6.16 $
(8.40 C$)
     -10.9 %
Apples (1 lb) 1.54 $
(1.21 £)
1.71 $
(2.34 C$)
     +11.2 %
Banana (1 lb) 0.79 $
(0.62 £)
0.67 $
(0.91 C$)
     -15.8 %
Oranges (1 lb) 1.46 $
(1.14 £)
1.63 $
(2.22 C$)
     +11.9 %
Tomato (1 lb) 1.89 $
(1.48 £)
1.71 $
(2.33 C$)
     -9.6 %
Potato (1 lb) 0.73 $
(0.57 £)
1.14 $
(1.55 C$)
     +56.7 %
Onion (1 lb) 0.70 $
(0.55 £)
1.21 $
(1.65 C$)
     +73.7 %
Lettuce (1 head) 1.24 $
(0.97 £)
2.21 $
(3.01 C$)
     +78.9 %
Water (1.5 liter bottle) 1.58 $
(1.24 £)
1.71 $
(2.33 C$)
     +8.1 %
Bottle of Wine (Mid-Range) 11.47 $
(9.00 £)
13.20 $
(18.00 C$)
     +15.1 %
Domestic Beer (0.5 liter bottle) 2.45 $
(1.92 £)
2.54 $
(3.47 C$)
     +3.7 %
Imported Beer (12 oz small bottle) 3.04 $
(2.38 £)
2.72 $
(3.70 C$)
     -10.6 %
Cigarettes 20 Pack (Marlboro) 19.12 $
(15.00 £)
14.67 $
(20.00 C$)
     -23.3 %
Transportation
London Edit Toronto Edit
One-way Ticket (Local Transport) 3.57 $
(2.80 £)
2.46 $
(3.35 C$)
     -31.1 %
Monthly Pass (Regular Price) 254.87 $
(200.00 £)
114.40 $
(156.00 C$)
     -55.1 %
Taxi Start (Normal Tariff) 5.10 $
(4.00 £)
3.67 $
(5.00 C$)
     -28.1 %
Taxi 1 mile (Normal Tariff) 3.89 $
(3.05 £)
2.21 $
(3.02 C$)
     -43.1 %
Taxi 1hour Waiting (Normal Tariff) 38.23 $
(30.00 £)
24.20 $
(33.00 C$)
     -36.7 %
Gasoline (1 gallon) 7.30 $
(5.73 £)
4.39 $
(5.98 C$)
     -39.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,908.12 $
(28,177.50 £)
24,997.98 $
(34,087.00 C$)
     -30.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,678.16 $
(27,212.33 £)
21,971.82 $
(29,960.56 C$)
     -36.6 %
Utilities (Monthly)
London Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 366.44 $
(287.55 £)
118.94 $
(162.19 C$)
     -67.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 19.15 $
(15.03 £)
44.73 $
(61.00 C$)
     +133.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.71 $
(30.38 £)
51.71 $
(70.52 C$)
     +33.6 %
Sports And Leisure
London Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 57.08 $
(44.79 £)
51.02 $
(69.57 C$)
     -10.6 %
Tennis Court Rent (1 Hour on Weekend) 18.16 $
(14.25 £)
19.26 $
(26.26 C$)
     +6.1 %
Cinema, International Release, 1 Seat 19.12 $
(15.00 £)
13.20 $
(18.00 C$)
     -30.9 %
Childcare
London Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,314.03 $
(1,815.85 £)
1,098.45 $
(1,497.84 C$)
     -52.5 %
International Primary School, Yearly for 1 Child 24,074.68 $
(18,891.67 £)
18,067.28 $
(24,636.36 C$)
     -25.0 %
Clothing And Shoes
London Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 100.15 $
(78.59 £)
58.52 $
(79.80 C$)
     -41.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.01 $
(39.24 £)
36.17 $
(49.32 C$)
     -27.7 %
1 Pair of Nike Running Shoes (Mid-Range) 114.09 $
(89.53 £)
100.28 $
(136.74 C$)
     -12.1 %
1 Pair of Men Leather Business Shoes 129.41 $
(101.55 £)
117.94 $
(160.83 C$)
     -8.9 %
Rent Per Month
London Edit Toronto Edit
Apartment (1 bedroom) in City Centre 2,751.04 $
(2,158.77 £)
1,828.47 $
(2,493.28 C$)
     -33.5 %
Apartment (1 bedroom) Outside of Centre 2,073.22 $
(1,626.88 £)
1,572.12 $
(2,143.73 C$)
     -24.2 %
Apartment (3 bedrooms) in City Centre 5,774.60 $
(4,531.40 £)
3,276.64 $
(4,468.00 C$)
     -43.3 %
Apartment (3 bedrooms) Outside of Centre 3,713.60 $
(2,914.10 £)
2,661.24 $
(3,628.84 C$)
     -28.3 %
Buy Apartment Price
London Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 1,586.90 $
(1,245.26 £)
947.97 $
(1,292.64 C$)
     -40.3 %
Price per Square Feet to Buy Apartment Outside of Centre 942.03 $
(739.22 £)
731.08 $
(996.89 C$)
     -22.4 %
Salaries And Financing
London Edit Toronto Edit
Average Monthly Net Salary (After Tax) 4,748.00 $
(3,725.81 £)
3,487.50 $
(4,755.52 C$)
     -26.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.36 6.36      +18.6 %
Last update: July 2024July 2024
Contributors in the past 12 months:832742