Single rides on all TTC transit costs CA$3.35 (roughly $2.60), but purchasing a day- or a week-long pass is a good idea if you're planning to rely on public transportation for more than just the occasional ride. Day passes cost CA$13.50 (less than $11).

The Toronto subway (TTC) is moderately priced compared to other major North American cities, but it has recently become more affordable for frequent riders. As of 2026, a single adult fare is $3.35 (when using a Presto card or contactless payment), which includes a two-hour transfer window allowing you to switch between subways, buses, and streetcars for free. A significant change introduced in September 2026 is "fare capping," where riders automatically travel for free after taking 47 trips in a single month—effectively replacing the need for an expensive upfront monthly pass. While the fare has been frozen at 2023 rates for several years, critics argue it is still expensive relative to the service frequency. However, compared to cities like London or New York, Toronto’s flat-fare system (no zones) makes it relatively simple and predictable for travelers regardless of the distance they are traveling across the city.