Is Toronto the most expensive city to live in Canada?

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.



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Is it more expensive to live in Toronto or Vancouver? Toronto and Vancouver are both considered expensive cities to live in due to the high cost of housing and daily expenses. Although, Toronto is more expensive than Vancouver in terms of utility bills, groceries and rent prices.

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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.

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A family of four estimated monthly costs are 4,028.1$ (5,566.4C$) without rent. A single person estimated monthly costs are 1,113.9$ (1,539.3C$) without rent. Toronto is 28.7% less expensive than New York (without rent). Rent in Toronto is, on average, 50.5% lower than in New York.

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