City Cost Report
Halifax skyline
Halifax
Toronto skyline
Toronto
VS

Halifax is 24% cheaper than Toronto overall.

HalifaxToronto
Rent (1BR City Centre)$1,900.00 CAD$2,450.00 CAD
Rent (1BR Outside Centre)$1,600.00 CAD$2,100.00 CAD
Groceries Index104108
Monthly Transit Pass$87.00 CAD$156.00 CAD
Utilities (monthly)$165.00 CAD$160.00 CAD
Gas (per litre)$1.65 CAD$1.65 CAD
Mid-range Meal$25.00 CAD$28.00 CAD
Gym Membership$50.00 CAD$70.00 CAD
Childcare (monthly)$900.00 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 Halifax...

You would need $79,118 in Toronto to maintain the same lifestyle.

Frequently asked questions

Is Halifax cheaper than Toronto?

Halifax is 24% cheaper than Toronto overall.

How much is rent in Halifax vs Toronto?

A one-bedroom in the city centre averages $1,900 CAD per month in Halifax and $2,450 CAD in Toronto. Outside the centre, it is $1,600 CAD in Halifax and $2,100 CAD in Toronto.

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

On average, you need about 132% of your current salary — for example, $60,000 in Halifax is roughly equivalent to $79,118 in Toronto.

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