London vs Toronto
Salary & cost of living comparison
Metric
London
Toronto
Median Salary
$52,000
↓
$58,000
↑
Rent (1BR)
$2,300
↑
$2,100
↓
Rent (2BR)
$3,200
↑
$2,900
↓
CoL Index
85
↑
75
↓
Groceries
82
↑
78
↓
Transport
$180
↑
$130
↓
Tax Rate
31%
↑
29%
↓
Tech Hub
9/10
↑
7/10
↓
Cost of Living Ratio
0.88
Toronto is cheaper
Rent Ratio
0.91
Salary Equivalent Ratio
0.88
💰 Salary Equivalents
Enter your salary to see the equivalent:
$
in London
=
—
in Toronto
Common salary equivalents:
$50k in London
=
$44k in Toronto
$80k in London
=
$70k in Toronto
$100k in London
=
$88k in Toronto
$120k in London
=
$106k in Toronto
$150k in London
=
$132k in Toronto
$200k in London
=
$176k in Toronto
📈 Monthly Budget Breakdown
London
$3,141/mo net
Rent $2,300
Groceries $369
Transport $180
Utilities $128
Leisure $213
Savings $0
Toronto
$3,850/mo net
Rent $2,100
Groceries $351
Transport $130
Utilities $113
Leisure $188
Savings $968
❓ Frequently Asked Questions
Yes, Toronto is approximately 12% cheaper than London based on overall cost of living index.
To maintain the same standard of living as a $100,000 salary in London, you would need approximately $88,000 in Toronto.
Toronto has a lower effective tax rate. London has an effective rate of 31% while Toronto has 29%.
London ranks higher for tech workers with a tech hub score of 9/10 compared to 7/10.