City Cost Report
Austin skyline
Austin
Toronto skyline
Toronto
VS

Austin is 19% cheaper than Toronto overall.

AustinToronto
Rent (1BR City Centre)$2,377.96 CAD$2,450.00 CAD
Rent (1BR Outside Centre)$1,958.32 CAD$2,100.00 CAD
Groceries Index100108
Monthly Transit Pass$57.35 CAD$156.00 CAD
Utilities (monthly)$209.82 CAD$160.00 CAD
Gas (per litre)$1.09 CAD$1.65 CAD
Mid-range Meal$32.17 CAD$28.00 CAD
Gym Membership$62.95 CAD$70.00 CAD
Childcare (monthly)$1,888.38 CAD$1,750.00 CAD

Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.

Salary Equivalence Calculator

If you earn $in Austin...

You would need $73,911 in Toronto to maintain the same lifestyle.

Frequently asked questions

Is Austin cheaper than Toronto?

Austin is 19% cheaper than Toronto overall.

How much is rent in Austin vs Toronto?

A one-bedroom in the city centre averages $1,700 USD per month in Austin and $2,450 CAD in Toronto. Outside the centre, it is $1,400 USD in Austin and $2,100 CAD in Toronto.

What salary do I need to move from Austin to Toronto?

On average, you need about 123% of your current salary — for example, $60,000 in Austin is roughly equivalent to $73,911 in Toronto.

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