Toronto
VancouverVS
Vancouver is 5% cheaper than Toronto overall.
| Toronto | Vancouver | |
|---|---|---|
| Rent (1BR City Centre) | $2,450.00 CAD | $2,600.00 CAD |
| Rent (1BR Outside Centre) | $2,100.00 CAD | $2,150.00 CAD |
| Groceries Index | 108 | 110 |
| Monthly Transit Pass | $156.00 CAD | $105.00 CAD |
| Utilities (monthly) | $160.00 CAD | $130.00 CAD |
| Gas (per litre) | $1.65 CAD | $1.85 CAD |
| Mid-range Meal | $28.00 CAD | $30.00 CAD |
| Gym Membership | $70.00 CAD | $65.00 CAD |
| Childcare (monthly) | $1,750.00 CAD | $1,400.00 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 Toronto...
You would need $56,736 in Vancouver to maintain the same lifestyle.
Frequently asked questions
Is Toronto cheaper than Vancouver?
Vancouver is 5% cheaper than Toronto overall.
How much is rent in Toronto vs Vancouver?
A one-bedroom in the city centre averages $2,450 CAD per month in Toronto and $2,600 CAD in Vancouver. Outside the centre, it is $2,100 CAD in Toronto and $2,150 CAD in Vancouver.
What salary do I need to move from Toronto to Vancouver?
On average, you need about 95% of your current salary — for example, $60,000 in Toronto is roughly equivalent to $56,736 in Vancouver.