Vancouver vs Toronto
Salary & cost of living comparison
Metric
Vancouver
Toronto
Median Salary
$55,000
↓
$58,000
↑
Rent (1BR)
$2,000
↓
$2,100
↑
Rent (2BR)
$2,800
↓
$2,900
↑
CoL Index
73
↓
75
↑
Groceries
76
↓
78
↑
Transport
$120
↓
$130
↑
Tax Rate
28%
↓
29%
↑
Tech Hub
7/10
7/10
Cost of Living Ratio
1.03
Toronto is more expensive
Rent Ratio
1.05
Salary Equivalent Ratio
1.03
💰 Salary Equivalents
Enter your salary to see the equivalent:
$
in Vancouver
=
—
in Toronto
Common salary equivalents:
$50k in Vancouver
=
$52k in Toronto
$80k in Vancouver
=
$82k in Toronto
$100k in Vancouver
=
$103k in Toronto
$120k in Vancouver
=
$124k in Toronto
$150k in Vancouver
=
$155k in Toronto
$200k in Vancouver
=
$206k in Toronto
📈 Monthly Budget Breakdown
Vancouver
$3,666/mo net
Rent $2,000
Groceries $342
Transport $120
Utilities $110
Leisure $183
Savings $911
Toronto
$3,850/mo net
Rent $2,100
Groceries $351
Transport $130
Utilities $113
Leisure $188
Savings $968
❓ Frequently Asked Questions
No, Toronto is approximately 3% more expensive than Vancouver based on overall cost of living index.
To maintain the same standard of living as a $100,000 salary in Vancouver, you would need approximately $103,000 in Toronto.
Vancouver has a lower effective tax rate. Vancouver has an effective rate of 28% while Toronto has 29%.
Vancouver ranks higher for tech workers with a tech hub score of 7/10 compared to 7/10.