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Toronto vs Vancouver

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Cost of living

Living in Vancouver is about 5% more expensive than in Toronto.

Real buying power

In Vancouver, your money buys 7% less than in Toronto.

To live like in Toronto, you need about 5,114 CAD net in Vancouver.

net / month

Canada Toronto
CAD
Canada Vancouver
CAD
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Toronto monthly savings

$763

22% of net

Vancouver monthly savings

$439

13% of net

Cost breakdown (USD / month)

TorontoVancouver
1-bed apartment, centre$1,636$1,885
1-bed apartment, outside centre$1,454$1,598
3-bed apartment, centre$2,775$3,597
Room in shared flat$727$799
Buy price per m2$8,895$9,033
Living cost excl. rent$1,084$1,088
net / month$3,483$3,412
Confidence: medium Housing modelled from indices (estimated).

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How we calculate and where the data comes from

Educational model, not financial, tax or relocation advice. Figures are estimates for 2026 and are rounded to ranges, never exact values. Our cost index is built from open data and adapted by CrawlJobs (aggregated and reweighted); it is not endorsed by the sources.

Sources: Eurostat (free reuse, Commission Decision 2011/833/EU), World Bank Open Data ICP (CC-BY-4.0), US BEA / HUD / Census (public domain), GeoNames (CC-BY-4.0). Source and product names are used for attribution only; no affiliation or endorsement is implied.