TorontovsParis
Overall
💰+8.3%
Toronto is 8.3%more expensive
Rent
🏠-14.7%
Housing is 14.7% lower
Dining
🍽️+13.9%
Restaurants 13.9% pricier
Groceries
🛒+25.7%
Food shopping 25.7% more
Comparing the cost of living between Toronto, Canada and Paris, France reveals significant insights for anyone considering relocation or travel in 2026. Our comprehensive analysis shows that Toronto is more expensive than Paris by approximately 8.3%. 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 Paris by 17%. A one-bedroom apartment in Toronto's city center costs around CA$2,570, while the same in Paris is approximately €1,388.
Dining out in Toronto offers significant savings compared to Paris. An inexpensive restaurant meal costs CA$25 in Toronto versus €15 in Paris.
Public transportation in Toronto is more expensive, with monthly passes at CA$156 compared to €89 in Paris.
Grocery shopping in Toronto is more affordable by approximately 20%. Basic items like milk, bread, and eggs show lower prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Toronto can expect to spend approximately CA$837 per month (excluding rent), while in Paris, the same lifestyle would cost around €628. For families, these figures increase significantly, with a family of four requiring about CA$2,929 monthly in Toronto versus €2,199 in Paris. 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 Toronto to Paris, 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 Paris to Toronto 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
Paris
Frequently Asked Questions
Is Toronto more expensive than Paris?
Yes, Toronto is approximately 8.3% more expensive than Paris overall. The biggest differences are in housing and restaurant prices.
How much salary do I need in Toronto compared to Paris?
To maintain the same standard of living, you would need approximately 1.1x of your Paris salary when living in Toronto. For example, if you earn $50,000 in Paris, you'd need about $54,167 in Toronto for a comparable lifestyle.
What are the biggest cost differences between Toronto and Paris?
The most significant cost difference is in groceries. Grocery costs differ by roughly 20%, affecting your daily shopping expenses. 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, Paris provides lower living costs, which benefits budget-conscious travelers. Consider Toronto if you prioritize earning potential, or Paris for affordability.
What's a reasonable monthly budget for Toronto vs Paris?
In Toronto, a single person needs approximately CA$2,858 per month (including rent), while a family of four requires about CA$6,129. In Paris, these figures are €1,656 for singles and €4,352 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Toronto and Paris in 2026 shows moderate 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 Paris to maintain your lifestyle from Toronto
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