Toronto vs London
Cost of living comparison for 2026. Toronto is roughly 24% more affordable than London (index 37 vs 49, New York = 100). Data sourced live via AI — updated regularly.
Life Power at $3,000/mo
The same salary ranks differently depending on where you live — from Beggar to King.
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Toronto
London
Frequently Asked Questions
Is Toronto cheaper than London?
Toronto is cheaper than London. Toronto has a cost of living index of 37/100 compared to 49/100 for London (New York = 100), making it roughly 24% more affordable overall.
How much cheaper is Toronto than London?
Toronto is approximately 24% cheaper than London based on cost index scores (37 vs 49, where New York = 100). A person spending $3,000/month in London could live a similar lifestyle for roughly $2,276/month in Toronto.
What is the rent comparison between Toronto and London?
In Toronto, a 1-bedroom apartment in the city center costs approximately $1,770/month. In London, the equivalent is around $3,004/month.
Which city is better for digital nomads — Toronto or London?
Both cities have nomad infrastructure. Toronto offers 215 Mbps internet and coworking at ~$300/month. London offers 86 Mbps and coworking at ~$300/month. Toronto has a cost advantage of 24%.
What is the average income in Toronto vs London?
The median net monthly salary in Toronto is approximately $3,800 USD, compared to $3,650 USD in London.
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