City Cost Report
Denver skyline
Denver
Toronto skyline
Toronto
VS

Denver and Toronto have similar costs overall.

DenverToronto
Rent (1BR City Centre)$2,587.78 CAD$2,450.00 CAD
Rent (1BR Outside Centre)$2,098.20 CAD$2,100.00 CAD
Groceries Index103108
Monthly Transit Pass$159.46 CAD$156.00 CAD
Utilities (monthly)$188.84 CAD$160.00 CAD
Gas (per litre)$1.29 CAD$1.65 CAD
Mid-range Meal$32.17 CAD$28.00 CAD
Gym Membership$69.94 CAD$70.00 CAD
Childcare (monthly)$2,098.20 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 Denver...

You would need $58,727 in Toronto to maintain the same lifestyle.

Frequently asked questions

Is Denver cheaper than Toronto?

Denver and Toronto have similar costs overall.

How much is rent in Denver vs Toronto?

A one-bedroom in the city centre averages $1,850 USD per month in Denver and $2,450 CAD in Toronto. Outside the centre, it is $1,500 USD in Denver and $2,100 CAD in Toronto.

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

On average, you need about 98% of your current salary — for example, $60,000 in Denver is roughly equivalent to $58,727 in Toronto.

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