For the second year in a row, Toronto (90) is the most expensive city in Canada, followed by Vancouver (116) with Hong Kong topping the global rankings.
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Toronto is the most expensive city in Canada, outpacing Vancouver in the rankings, according to Mercer. Other Canadian cities that made it to the list are Montreal, Ottawa and Calgary. But all these cities are far from being the most expensive in the world. Globally, Toronto ranks 90th while Vancouver landed at 116th.
Toronto has been ranked among the top 100 most expensive cities to live around the world. Results from the 2023 Mercer Cost of Living Survey were released Wednesday, which ranked 227 cities around the world based on affordability.
Vancouver, Toronto and Hamilton are, according to new research, the least affordable cities in North America. Vancouver was the least affordable city, with Toronto in second place and Hamilton in third. All three are more expensive places to live than New York and L.A.