Toronto vs London

Cost of living comparison for 2026. London is roughly 6% more affordable than Toronto (index 49 vs 52, New York = 100). Data sourced live via AI — updated regularly.

London
More affordable overall
6% cheaper than Toronto · Cost index: 49 vs 52

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

52Cost Index49
3,400Median Income /mo4,030
75Safety Index68
25Income Tax %22
186Internet (Mbps)169
350Coworking /mo280

Price Breakdown

TorontoCategoryLondon
$2,450/month
1-BR Apartment (Center)
18% cheaper →
$2,980/month
$2.1/liter
Meal for One
23% ← cheaper
$1.61/liter
$18/meal
Restaurant (Mid-range)
33% cheaper →
$27/meal
$156/month
Monthly Transit Pass
27% cheaper →
$213/month
$180/month
Utilities (Monthly)
53% cheaper →
$386/month
$0/visit
Doctor Visit
$135/visit

Digital Nomad Profile

Toronto

Internet186 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability78/100

London

Internet169 Mbps
Coworking$280/mo
Café WiFifair
Englishhigh
Communitylarge
Walkability74/100

Frequently Asked Questions

Is Toronto cheaper than London?

London is cheaper than Toronto. London has a cost of living index of 49/100 compared to 52/100 for Toronto (New York = 100), making it roughly 6% more affordable overall.

How much cheaper is London than Toronto?

London is approximately 6% cheaper than Toronto based on cost index scores (49 vs 52, where New York = 100). A person spending $3,000/month in Toronto could live a similar lifestyle for roughly $2,806/month in London.

What is the rent comparison between Toronto and London?

In Toronto, a 1-bedroom apartment in the city center costs approximately $2,450/month. In London, the equivalent is around $2,980/month.

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

Both cities have nomad infrastructure. Toronto offers 186 Mbps internet and coworking at ~$350/month. London offers 169 Mbps and coworking at ~$280/month. London has a cost advantage of 6%.

What is the average income in Toronto vs London?

The median net monthly salary in Toronto is approximately $3,400 USD, compared to $4,030 USD in London.

Compare Toronto with…

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