TorontovsIstanbul
Overall
💰-36.0%
Toronto is 36.0%cheaper
Rent
🏠-60.0%
Housing is 60.0% lower
Dining
🍽️-40.0%
Restaurants 40.0% cheaper
Groceries
🛒-44.0%
Food shopping 44.0% less
Comparing the cost of living between Toronto, Canada and Istanbul, Turkey reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Toronto is more affordable than Istanbul by approximately 36.0%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in Toronto are higher than in Istanbul by 150%. A one-bedroom apartment in Toronto's city center costs around CA$2,400, while the same in Istanbul is approximately TRY 25,000.
Dining out in Toronto is notably more expensive compared to Istanbul. An inexpensive restaurant meal costs CA$20 in Toronto versus TRY 150 in Istanbul.
Public transportation in Toronto is more affordable, with monthly passes at CA$156 compared to TRY 1,100 in Istanbul.
Purchasing power in Toronto is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Istanbul.
Grocery shopping in Toronto is more expensive by approximately 79%. Basic items like milk, bread, and eggs show higher prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Toronto can expect to spend approximately CA$739 per month (excluding rent), while in Istanbul, the same lifestyle would cost around TRY 7,060. For families, these figures increase significantly, with a family of four requiring about CA$2,588 monthly in Toronto versus TRY 24,710 in Istanbul. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Istanbul to Toronto, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Toronto to Istanbul requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
Toronto
Istanbul
Frequently Asked Questions
Is Toronto more expensive than Istanbul?
No, Toronto is approximately 36.0% cheaper than Istanbul. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in Toronto compared to Istanbul?
To maintain the same standard of living, you would need approximately 74% of your Istanbul salary when living in Toronto. For example, if you earn $50,000 in Istanbul, you'd need about $36,765 in Toronto for a comparable lifestyle.
What are the biggest cost differences between Toronto and Istanbul?
The most significant cost difference is in housing. Rent prices differ by approximately 150%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
Toronto offers better purchasing power, making it more attractive for those earning in strong currencies. However, Toronto provides lower living costs, which benefits budget-conscious travelers. Consider Toronto if you prioritize earning potential, or Istanbul for affordability.
What's a reasonable monthly budget for Toronto vs Istanbul?
In Toronto, a single person needs approximately CA$2,639 per month (including rent), while a family of four requires about CA$5,588. In Istanbul, these figures are TRY 22,060 for singles and TRY 54,710 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Toronto and Istanbul in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
Need to calculate salary equivalence?
Find out how much you need to earn in Istanbul to maintain your lifestyle from Toronto
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