🇨🇦 Toronto vs 🇨🇦 Vancouver
Cost of Living Comparison (2026)
Toronto is 5% cheaper than Vancouver
Quick answer
Comparing Toronto, Canada and Vancouver, Canada: a moderate single-person monthly budget is approximately $2,850 in Toronto versus $3,000 in Vancouver. Toronto is roughly 5% cheaper overall. Central 1-bed rent: $2,100/mo (Toronto) vs $2,000/mo (Vancouver). 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: $3,000/mo in Vancouver single person — like-for-like comparison.
- Central 1-bed rent $2,100/mo in Toronto · $2,000/mo in Vancouver.
- Cheaper overall: Toronto ~5% cheaper than Vancouver.
- Source World Bank ICP + national statistics · CC BY 4.0.
Monthly Budget Comparison
| Lifestyle | 🇨🇦 Toronto | 🇨🇦 Vancouver | Difference |
|---|---|---|---|
| Budget | $2,000/mo | $2,100/mo | +5% |
| Moderate | $2,850/mo | $3,000/mo | +5% |
| Comfortable | $4,300/mo | $4,500/mo | +5% |
Estimates for a single person. Based on World Bank PPP data and national statistics.
Cost Breakdown by Category
| Category | 🇨🇦 Toronto | 🇨🇦 Vancouver | Diff |
|---|---|---|---|
| Housing (1-bed, center) | $2,100/mo | $2,000/mo | -5% |
| Groceries & Food | $570/mo | $600/mo | +5% |
| Dining Out | $360/mo | $320/mo | -11% |
| Transport | $110/mo | $75/mo | -32% |
| Utilities & Internet | $285/mo | $300/mo | +5% |
| Healthcare | $228/mo | $240/mo | +5% |
| Leisure & Personal | $200/mo | $210/mo | +5% |
Housing (1-bed, center)
Toronto
$2,100
Vancouver
$2,000
Groceries & Food
Toronto
$570
Vancouver
$600
Dining Out
Toronto
$360
Vancouver
$320
Transport
Toronto
$110
Vancouver
$75
Utilities & Internet
Toronto
$285
Vancouver
$300
Healthcare
Toronto
$228
Vancouver
$240
Leisure & Personal
Toronto
$200
Vancouver
$210
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
🇨🇦 Vancouver
- Monthly cost (moderate)
- $3,000
- 1-bed rent (center)
- $2,000/mo
- Cappuccino
- $4.50
- Inexpensive meal
- $16.00
- Monthly transit pass
- $75
- Internet speed
- 135 Mbps
- Safety index
- 82/100(very safe)
- Healthcare index
- 90/100
- Country
- Canada
Explore more: Toronto city guide | Vancouver city guide | Canada
Related Comparisons
Frequently Asked Questions
Is Toronto or Vancouver cheaper to live in?
Toronto is approximately 5% cheaper than Vancouver 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 Vancouver per month?
A moderate monthly budget for a single person in Vancouver is approximately $3,000, including rent, food, transport, and utilities.
What is the rent difference between Toronto and Vancouver?
A 1-bedroom apartment in the city center costs around $2,100/month in Toronto and $2,000/month in Vancouver.