🇨🇦 Toronto vs 🇬🇧 London
Cost of Living Comparison (2026)
London is 7% cheaper than Toronto
Quick answer
Comparing Toronto, Canada and London, United Kingdom: a moderate single-person monthly budget is approximately $2,850 in Toronto versus $2,650 in London. London is roughly 7% cheaper overall. Central 1-bed rent: $2,100/mo (Toronto) vs $2,200/mo (London). Estimates use World Bank PPP data + national statistics + (where available) item-level price snapshots.
Key facts
- Moderate budget: $2,850/mo in Toronto single person — rent + food + transport + utilities.
- Moderate budget: $2,650/mo in London single person — like-for-like comparison.
- Central 1-bed rent $2,100/mo in Toronto · $2,200/mo in London.
- Cheaper overall: London ~7% cheaper than Toronto.
- Source World Bank ICP + national statistics · CC BY 4.0.
Monthly Budget Comparison
| Lifestyle | 🇨🇦 Toronto | 🇬🇧 London | Difference |
|---|---|---|---|
| Budget | $2,000/mo | $1,850/mo | -7% |
| Moderate | $2,850/mo | $2,650/mo | -7% |
| Comfortable | $4,300/mo | $4,000/mo | -7% |
Estimates for a single person. Based on World Bank PPP data and national statistics.
Cost Breakdown by Category
| Category | 🇨🇦 Toronto | 🇬🇧 London | Diff |
|---|---|---|---|
| Housing (1-bed, center) | $2,100/mo | $2,200/mo | +5% |
| Groceries & Food | $570/mo | $530/mo | -7% |
| Dining Out | $360/mo | $300/mo | -17% |
| Transport | $110/mo | $227/mo | +106% |
| Utilities & Internet | $285/mo | $265/mo | -7% |
| Healthcare | $228/mo | $212/mo | -7% |
| Leisure & Personal | $200/mo | $186/mo | -7% |
Housing (1-bed, center)
Toronto
$2,100
London
$2,200
Groceries & Food
Toronto
$570
London
$530
Dining Out
Toronto
$360
London
$300
Transport
Toronto
$110
London
$227
Utilities & Internet
Toronto
$285
London
$265
Healthcare
Toronto
$228
London
$212
Leisure & Personal
Toronto
$200
London
$186
Quick Facts
🇨🇦 Toronto
- Monthly cost (moderate)
- $2,850
- 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
- 90/100
- Country
- Canada
🇬🇧 London
- Monthly cost (moderate)
- $2,650
- 1-bed rent (center)
- $2,200/mo
- Cappuccino
- $4.20
- Inexpensive meal
- $15.00
- Monthly transit pass
- $227
- Internet speed
- 120 Mbps
- Safety index
- 68/100(moderately safe)
- Healthcare index
- 90/100
- Country
- United Kingdom
Explore more: Toronto city guide | London city guide | Canada | United Kingdom
Related Comparisons
Frequently Asked Questions
Is Toronto or London cheaper to live in?
London is approximately 7% 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 $2,850, including rent, food, transport, and utilities.
How much does it cost to live in London per month?
A moderate monthly budget for a single person in London is approximately $2,650, including rent, food, transport, and utilities.
What is the rent difference between Toronto and London?
A 1-bedroom apartment in the city center costs around $2,100/month in Toronto and $2,200/month in London.