Living in Toronto is much more expensive when compared to other cities in Canada. Rents are among the highest in Canada, and other standard monthly expenses such as phone plans, groceries, and transit are not cheap either. To live in Toronto, a person might need to have an average earning of $40,583 excluding tax. Meanwhile, the minimum wage in the Ontario province is $14.25 per hour.
The average expected monthly bill of a person living in Toronto is $2688.48.
- The apartment (utilities included) will probably cost you around $1672.
- Transportation expenses will cost you around $176.25.
- Phone and internet expenses will be $127.50.
- Groceries and Entertainment will cost you around $283.60 and $354
- Health and fitness will cost you around $75.
Transportation Cost
TTC/Presto is used for the cashless transactions while traveling within and between transit systems across GTA. Presto fare includes:
- Single adult cash fare: $3.25
- Presto adult fare: $3.10
- Presto one-ride ticket: $3.25
- Presto two-ride ticket: $6.50
- Presto day pass: $13.50
- Monthly TTC pass (adults) : $156.00
- Monthly TTC pass (students and seniors) : $128.15
- 12-month Pass (adults) : $143.00
12-month Pass (students and seniors) : $117.45
