NB
vs
ON
Fredericton vs Toronto Cost of Living (2026)
Toronto is about 93% more expensive than Fredericton, mostly because of rent. A 1-bedroom rents for $2,600 a month in Toronto vs $1,250 in Fredericton.
The Verdict
Living in Toronto is 93% more expensive than living in Fredericton overall.
Fredericton / month
$1,730
Toronto / month
$3,206
Rent, groceries and transit for one person.
Salary match: what you'd need to earn
Salary in Fredericton
$100,000
Take-home $71,215 · $5,935/mo
Needed in Toronto
$192,668
Take-home $127,485 · $10,624/mo
To keep the same lifestyle in Toronto you'd need $92,668 more a year (+93%).
Take-home is after 2026 federal and provincial income tax, CPP/QPP and EI for an employee. Cost of living weighs rent, groceries and transit.
Expense Breakdown
Average Rent
1-Bed City Center
Fredericton
$1,250
108% more expensive
Toronto
$2,600
Groceries
Monthly Basket (1 Person)
Fredericton
$400
12% more expensive
Toronto
$450
Transportation
Monthly Transit Pass
Fredericton
$80
95% more expensive
Toronto
$156
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