City Cost Report
Markham skyline
Markham
Toronto skyline
Toronto
VS

Markham is 6% cheaper than Toronto overall.

MarkhamToronto
Rent (1BR City Centre)$2,200.00 CAD$2,450.00 CAD
Rent (1BR Outside Centre)$1,900.00 CAD$2,100.00 CAD
Groceries Index106108
Monthly Transit Pass$156.00 CAD$156.00 CAD
Utilities (monthly)$155.00 CAD$160.00 CAD
Gas (per litre)$1.64 CAD$1.65 CAD
Mid-range Meal$27.00 CAD$28.00 CAD
Gym Membership$60.00 CAD$70.00 CAD
Childcare (monthly)$1,550.00 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 Markham...

You would need $64,059 in Toronto to maintain the same lifestyle.

Frequently asked questions

Is Markham cheaper than Toronto?

Markham is 6% cheaper than Toronto overall.

How much is rent in Markham vs Toronto?

A one-bedroom in the city centre averages $2,200 CAD per month in Markham and $2,450 CAD in Toronto. Outside the centre, it is $1,900 CAD in Markham and $2,100 CAD in Toronto.

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

On average, you need about 107% of your current salary — for example, $60,000 in Markham is roughly equivalent to $64,059 in Toronto.

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