MTC MTC
location_city ON vs location_city ON

Cost of Living: Toronto vs London

Making a move? Compare the exact 2026 data for housing, food, and transit to see exactly how your lifestyle budget will change between these two cities.

The Verdict

Living in London is 31% cheaper than living in Toronto overall.

To maintain your exact standard of living, a $100,000 salary in Toronto is mathematically equivalent to earning $69,363 in London.

Expense Breakdown

real_estate_agent

Average Rent

1-Bed City Center

Toronto

$2,600

33% cheaper

London

$1,750

shopping_cart

Groceries

Monthly Basket (1 Person)

Toronto

$450

9% cheaper

London

$410

directions_transit

Transportation

Monthly Transit Pass

Toronto

$156

39% cheaper

London

$95

calculate

Calculate Your Exact Salary

Ready to see how much you'll keep after taxes in ON? Use our Canadian Income Tax Calculator to get a precise breakdown.