🇨🇦 Toronto vs 🇵🇹 Lisbon
Cost of Living Comparison (2026)
Lisbon is 34% cheaper than Toronto
Quick answer
Comparing Toronto, Canada and Lisbon, Portugal: a moderate single-person monthly budget is approximately $3,953 in Toronto versus $2,604 in Lisbon. Lisbon is roughly 34% cheaper overall. Central 1-bed rent: $2,100/mo (Toronto) vs $1,466/mo (Lisbon). The totals use the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Key facts
- Moderate budget: $3,953/mo in Toronto single person — city-centre rent + modeled non-housing categories.
- Moderate budget: $2,604/mo in Lisbon single person — like-for-like city-centre basket.
- Central 1-bed rent $2,100/mo in Toronto · $1,466/mo in Lisbon.
- Cheaper overall: Lisbon ~34% cheaper than Toronto.
- Source World Bank ICP + national statistics · CC BY 4.0.
Monthly Budget Comparison
| Lifestyle | 🇨🇦 Toronto | 🇵🇹 Lisbon | Difference |
|---|---|---|---|
| Budget | $2,750/mo | $1,800/mo | -35% |
| Moderate | $3,953/mo | $2,604/mo | -34% |
| Comfortable | $5,950/mo | $3,900/mo | -34% |
The Moderate row equals the category table below: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending. Budget and Comfortable scale that same basket.
Cost Breakdown by Category
| Category | 🇨🇦 Toronto | 🇵🇹 Lisbon | Diff |
|---|---|---|---|
| Housing (1-bed, center) | $2,100/mo | $1,466/mo | -30% |
| Groceries & Food | $570/mo | $350/mo | -39% |
| Dining Out | $285/mo | $175/mo | -39% |
| Transport | $285/mo | $175/mo | -39% |
| Utilities & Internet | $285/mo | $175/mo | -39% |
| Healthcare | $228/mo | $140/mo | -39% |
| Leisure & Personal | $200/mo | $123/mo | -38% |
Category sum = Moderate budget. Basis: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Housing (1-bed, center)
Toronto
$2,100
Lisbon
$1,466
Groceries & Food
Toronto
$570
Lisbon
$350
Dining Out
Toronto
$285
Lisbon
$175
Transport
Toronto
$285
Lisbon
$175
Utilities & Internet
Toronto
$285
Lisbon
$175
Healthcare
Toronto
$228
Lisbon
$140
Leisure & Personal
Toronto
$200
Lisbon
$123
Quick Facts
🇨🇦 Toronto
- Monthly cost (moderate)
- $3,953
- 1-bed rent (center)
- $2,100/mo
- Cappuccino
- $4.80
- Inexpensive meal
- $18.00
- Monthly transit pass
- $110
- Internet speed
- 150 Mbps
- Safety index
- 80/100(very safe)
- Healthcare index
- 94/100
- Country
- Canada
🇵🇹 Lisbon
- Monthly cost (moderate)
- $2,604
- 1-bed rent (center)
- $1,466/mo
- Cappuccino
- $2.45
- Inexpensive meal
- $14.00
- Monthly transit pass
- $44
- Internet speed
- 115 Mbps
- Safety index
- 78/100(very safe)
- Healthcare index
- 95/100
- Country
- Portugal
Explore more: Toronto city guide | Lisbon city guide | Canada | Portugal
Related Comparisons
Frequently Asked Questions
Is Toronto or Lisbon cheaper to live in?
Lisbon is approximately 34% cheaper than Toronto overall.
How much does it cost to live in Toronto per month?
A moderate monthly budget for a single person in Toronto is approximately $3,953 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
How much does it cost to live in Lisbon per month?
A moderate monthly budget for a single person in Lisbon is approximately $2,604 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
What is the rent difference between Toronto and Lisbon?
A 1-bedroom apartment in the city center costs around $2,100/month in Toronto and $1,466/month in Lisbon.