Real 2026 monthly costs for Toronto, Ontario — rent, food, transit, utilities, and childcare. Then a salary affordability table so you can quickly see if your income covers it.
Single adult / month
$3,661
Family of 4 / month
$7,553
Living wage (single)
$27.08/hr
| Category | Single (1BR) | Couple (1BR) | Family of 4 (2BR) |
|---|---|---|---|
| Rent | $2,350 | $2,350 | $3,100 |
| Groceries | $425 | $786 | $1,360 |
| Transit | $156 | $312 | $312 |
| Utilities | $195 | $224 | $254 |
| Phone | $55 | $55 | $55 |
| Misc | $480 | $768 | $1,152 |
| Childcare (2 kids) | — | — | $1,320 |
| Total / month | $3,661 | $4,496 | $7,553 |
| Salary | Take-home / month | Single | Family |
|---|---|---|---|
| $50,000 | $3,320 | ❌ | ❌ |
| $75,000 | $4,839 | ✅ | ❌ |
| $100,000 | $6,284 | ✅ | ❌ |
| $150,000 | $9,090 | ✅ | ✅ |
"Affords" means take-home covers basic monthly cost — does not include savings, debt, or vacations.
Canada's largest city. High wages, highest housing costs in the country, deep job market in finance, tech, and healthcare.
Median household income in Toronto: $89,000 (Statistics Canada). Provincial code: ON (Ontario).
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