Toronto Cost of Living 2026 — Relocation Guide

Cost snapshot

Cost of living index
72.4
Rent index
44.2
Healthcare index
66.8
Quality of life index
163

Average monthly rent (USD)

1-bed, city centre$2200
1-bed, outside centre$1650

Monthly family budget

A family of four in Toronto typically spends $5,500–$7,800 per month.

Estimated Israeli residents
25,000–30,000
Hebrew schools
6
Average internet speed
120 Mbps

About Toronto

Toronto has one of the largest Israeli and Jewish communities in North America, with strong tech and finance sectors.

Related comparisons

See all Canada trends →