City Cost Report
Moncton skyline
Moncton
Toronto skyline
Toronto
VS

Moncton is 34% cheaper than Toronto overall.

MonctonToronto
Rent (1BR City Centre)$1,300.00 CAD$2,450.00 CAD
Rent (1BR Outside Centre)$1,100.00 CAD$2,100.00 CAD
Groceries Index102108
Monthly Transit Pass$80.00 CAD$156.00 CAD
Utilities (monthly)$150.00 CAD$160.00 CAD
Gas (per litre)$1.58 CAD$1.65 CAD
Mid-range Meal$23.00 CAD$28.00 CAD
Gym Membership$45.00 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 Moncton...

You would need $90,873 in Toronto to maintain the same lifestyle.

Frequently asked questions

Is Moncton cheaper than Toronto?

Moncton is 34% cheaper than Toronto overall.

How much is rent in Moncton vs Toronto?

A one-bedroom in the city centre averages $1,300 CAD per month in Moncton and $2,450 CAD in Toronto. Outside the centre, it is $1,100 CAD in Moncton and $2,100 CAD in Toronto.

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

On average, you need about 151% of your current salary — for example, $60,000 in Moncton is roughly equivalent to $90,873 in Toronto.

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