Toronto, Canada
Cost of living · 2026 · Americas · Rent +2.6% vs 2025
Rent trend in Toronto (2022–2026)
Cost breakdown in Toronto (2026)
Estimated monthly budget in Toronto
Based on 2026 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in Canada (2026)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs Toronto |
|---|---|---|---|---|---|
| Toronto | CAD 2,761 | CAD 552 | CAD 175 | CAD 196 | — |
| Calgary | CAD 2,018 | CAD 536 | CAD 122 | CAD 186 | -26.9% |
| Edmonton | CAD 1,805 | CAD 510 | CAD 106 | CAD 178 | -34.6% |
| Montreal | CAD 1,911 | CAD 526 | CAD 102 | CAD 181 | -30.8% |
| Ottawa | CAD 2,124 | CAD 520 | CAD 136 | CAD 175 | -23.1% |
| Vancouver | CAD 2,973 | CAD 568 | CAD 122 | CAD 202 | +7.7% |
Other Americas cities (2026)
Frequently asked questions
What is the cost of living in Toronto in 2026?
In 2026, a single person living in Toronto needs approximately CAD 3,872/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around CAD 7,258/month. Toronto is considered a relatively expensive city by global standards.
How much is rent in Toronto in 2026?
A 1-bedroom apartment in Toronto costs approximately CAD 2,761/month in 2026. A 3-bedroom apartment runs around CAD 4,991/month. Rent has changed +2.6% vs 2025.
How much do groceries cost in Toronto?
Monthly grocery costs for one person in Toronto are approximately CAD 552 in 2026. This covers basic supermarket shopping including food and household essentials.
What does public transport cost in Toronto?
A monthly public transport pass in Toronto costs CAD 175 in 2026, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Toronto?
Monthly utility costs in Toronto average CAD 196 in 2026, covering electricity, heating/cooling, water and internet for a standard apartment.
Is Toronto expensive to live in?
Toronto is located in Canada (Americas). With a 1-bed rent of CAD 2,761/month and total single-person expenses around CAD 3,872/month, it is relatively expensive by global standards.
How much does eating out cost in Toronto?
A typical restaurant meal for one person in Toronto costs approximately CAD 23 in 2026. Budget around CAD 187/month if dining out a few times a week.
How have living costs in Toronto changed over time?
LifeIndexed tracks cost of living data for Toronto from 2022 to 2026. 1-bed rent has increased by 20.7% over this period (from CAD 2,288 in 2022 to CAD 2,761 in 2026). Use the year tabs above to compare costs across years.
What is the monthly budget needed to live comfortably in Toronto?
To live comfortably in Toronto in 2026, a single person needs approximately CAD 3,872/month. This covers rent (CAD 2,761), groceries (CAD 552), transport (CAD 175), utilities (CAD 196) and dining out occasionally. A family of 3–4 should budget around CAD 7,258/month.