Cost Comparison 2025

TorontovsRome

Canada
Italy

Overall

💰

-9.3%

Toronto is 9.3%cheaper

Rent

🏠

-35.7%

Housing is 35.7% lower

Dining

🍽️

-6.7%

Restaurants 6.7% cheaper

Groceries

🛒

-13.3%

Food shopping 13.3% less

Comparing the cost of living between Toronto, Canada and Rome, Italy reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Toronto is more affordable than Rome by approximately 9.3%. 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 Rome by 56%. A one-bedroom apartment in Toronto's city center costs around CA$2,400, while the same in Rome is approximately €1,100.

Dining out in Toronto costs about the same compared to Rome. An inexpensive restaurant meal costs CA$20 in Toronto versus €15 in Rome.

Public transportation in Toronto is more expensive, with monthly passes at CA$156 compared to €35 in Rome.

Purchasing power in Toronto is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Rome.

Grocery shopping in Toronto is more expensive by approximately 15%. 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 Rome, the same lifestyle would cost around €452. For families, these figures increase significantly, with a family of four requiring about CA$2,588 monthly in Toronto versus €1,581 in Rome. 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

Item
Toronto, Canada
Rome, Italy

🏠 Housing Costs (Monthly Rent)

1BR City Center
CA$2,400
€1,100
1BR Outside Center
CA$1,900
€800
3BR City Center
CA$4,000
€2,200

🍽️ Food & Dining

Meal, Inexpensive Restaurant
CA$20
€15
Meal for 2, Mid-range Restaurant
CA$100
€65
Cappuccino
CA$5
€2
Domestic Beer (0.5L)
CA$7
€5

🛒 Groceries

Milk (1L)
CA$2
€2
Bread (500g)
CA$3
€2
Eggs (12)
CA$4
€3
Cheese (1kg)
CA$15
€13

🚌 Transportation

One-way Ticket
CA$3
€2
Monthly Pass
CA$156
€35
Taxi Start
CA$5
€5
Gasoline (1L)
CA$2
€2

💡 Utilities & Internet

Basic Utilities (85m²)
CA$150
€140
Internet (60 Mbps)
CA$80
€30
Mobile Minute
CA$0
€0

Tips for Moving Between Cities

For those considering a move from Rome 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 Rome 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

Cost of Living Index75
Rent Index70
Purchasing Power Index95

Rome

Cost of Living Index68
Rent Index45
Purchasing Power Index75

Frequently Asked Questions

Is Toronto more expensive than Rome?

No, Toronto is approximately 9.3% cheaper than Rome. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in Toronto compared to Rome?

To maintain the same standard of living, you would need approximately 91% of your Rome salary when living in Toronto. For example, if you earn $50,000 in Rome, you'd need about $45,732 in Toronto for a comparable lifestyle.

What are the biggest cost differences between Toronto and Rome?

The most significant cost difference is in housing. Rent prices differ by approximately 56%, 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 Rome for affordability.

What's a reasonable monthly budget for Toronto vs Rome?

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 Rome, these figures are €1,252 for singles and €3,081 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Toronto and Rome in 2025 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 Rome to maintain your lifestyle from Toronto

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers