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London vs Toronto

Toronto runs about 15% cheaper than London for this household, a difference of 615 USD a month.

Palace of Westminster, Big Ben, and Westminster Bridge as seen from the south bank of the River Thames.
London
$4,050/month · United Kingdom
Terry Ott from Washington, DC Metro Area, United States of America · CC BY 2.0
A south view of the Hockey Hall of Fame building, Toronto
Toronto
$3,435/month · Canada
DXR · CC BY-SA 4.0
London monthly
$4,050
Index 63 (NYC = 100)
Toronto monthly
$3,435
Index 54 (NYC = 100)
Difference
-15%
Toronto relative to London
Rent gap
$650
London costs more for a central 1-bed
By category

Where the gap actually is

LondonToronto
  • Housing
    Housing: London $2,600, Toronto $1,950. Cheaper in Toronto.
  • Food
    Food: London $617, Toronto $764. Cheaper in London.
  • Transport
    Transport: London $282, Toronto $207. Cheaper in Toronto.
  • Utilities
    Utilities: London $267, Toronto $227. Cheaper in Toronto.
  • Healthcare
    Healthcare: London $8.03, Toronto $9.10. Cheaper in London.
  • Lifestyle
    Lifestyle: London $169, Toronto $168. Cheaper in Toronto.
  • Other
    Other: London $107, Toronto $110. Cheaper in London.
Each row is one category priced in both cities for the same household. The bar is the gap; exact figures are in the table below.
Interactive — adjust the household

Full comparison

MetricLondonToronto
Cost
Total monthly cost4,050 USD3,435 USD✓
Cost index (New York = 100)6354✓
Housing2,600 USD1,950 USD✓
Utilities267 USD227 USD✓
Food617 USD✓764 USD
Transport282 USD207 USD✓
Healthcare8 USD✓9 USD
Lifestyle169 USD168 USD✓
Income & tax
Take-home on 100,000 USD/yr5,953 USD5,977 USD✓
Effective tax + social rate28.6%28.3%✓
Left over each month1,902 USD2,542 USD✓
Average local net salary3,600 USD✓3,400 USD
Housing
1-bed rent, city centre2,600 USD1,950 USD✓
3-bed rent, city centre5,200 USD3,400 USD✓
Buy price per m², centre15,000 USD9,000 USD✓
Quality of life
Safety66/10076/100✓
Healthcare84/10084/100
Air quality60/10072/100✓
Public transport92/100✓76/100
Walkability90/100✓78/100
English proficiency100/100✓98/100
Nightlife94/100✓82/100
Family friendliness72/10082/100✓
Median broadband90 Mbps190 Mbps✓
Climate
Average temperature12°C9°C✓
Summer high23°C✓27°C
Winter low3°C✓-8°C
Sunshine hours per year1,480 h2,050 h✓
Annual rainfall600 mm✓830 mm
Practicalities
Remote-work visaNoNo
Beach access90 min25 min✓
CurrencyGBPCAD
Time zoneEurope/LondonAmerica/Toronto

Toronto runs about 15% cheaper than London for this household, a difference of 615 USD a month.

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Go deeper

Cost of living in LondonCost of living in TorontoConvert a salary between themFlip the comparison
London vs DublinLondon vs ZurichLondon vs Amsterdam
FAQ

Frequently asked

Is London or Toronto cheaper?

Toronto runs about 15% cheaper than London for this household, a difference of 615 USD a month.

What salary do you need in Toronto compared with London?

On a $100,000 gross salary you would take home $5,953 a month in London and $5,977 in Toronto, before local costs. Use the salary converter for an exact equivalent.

Which has better quality of life, London or Toronto?

London scores 66/100 on safety and 84/100 on healthcare; Toronto scores 76 and 84. London averages 12°C against 9°C in Toronto.