London vs Toronto

Cost of living comparison for 2026. Toronto is roughly 8% more affordable than London (index 78 vs 85, New York = 100). Data sourced live via AI — updated regularly.

Toronto
More affordable overall
8% cheaper than London · Cost index: 78 vs 85

Head-to-Head Stats

85Cost Index78
3,850Median Income /mo3,450
70Safety Index82
27Income Tax %31
72Internet (Mbps)95
350Coworking /mo350

Price Breakdown

LondonCategoryToronto
$2,800/month
1-BR Apartment (Center)
48% ← cheaper
$1,456/month
$2.25/liter
Meal for One
7% ← cheaper
$2.1/liter
$19/meal
Restaurant (Mid-range)
5% cheaper →
$20/meal
$200/month
Monthly Transit Pass
15% ← cheaper
$170/month
$210/month
Utilities (Monthly)
14% ← cheaper
$180/month
$100/visit
Doctor Visit
100% ← cheaper
$0/visit

Digital Nomad Profile

London

Internet72 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability82/100

Toronto

Internet95 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability78/100

Frequently Asked Questions

Is London cheaper than Toronto?

Toronto is cheaper than London. Toronto has a cost of living index of 78/100 compared to 85/100 for London, making it roughly 8% more affordable overall.

How much cheaper is Toronto than London?

Toronto is approximately 8% cheaper than London based on cost index scores (78 vs 85, where New York = 100). A person spending $3,000/month in London could live a similar lifestyle for roughly $2,753/month in Toronto.

What is the rent comparison between London and Toronto?

In London, a 1-bedroom apartment in the city center costs approximately $2,800/month. In Toronto, the equivalent is around $1,456/month.

Which city is better for digital nomads — London or Toronto?

Both cities have nomad infrastructure. London offers 72 Mbps internet and coworking at ~$350/month. Toronto offers 95 Mbps and coworking at ~$350/month. Toronto has a cost advantage of 8%.

What is the average income in London vs Toronto?

The median net monthly salary in London is approximately $3,850 USD, compared to $3,450 USD in Toronto.

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