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City Comparison

London is 12% more expensive

The Verdict

Living in London is 12% more expensive than Toronto.
If you move from London to Toronto, you will pay more for housing and less for daily groceries. To maintain the same standard of life as a £40,000 salary in London, you would need to earn about £35,200 in Toronto.

London Wins
1

of 6 categories

Tied
0

categories

Toronto Wins
5

of 6 categories

Category Breakdown

Compare costs across 6 key categories

Overall Cost
100
London
vs
88
Toronto
Toronto is 12 pts cheaper
Rent
100
London
vs
105
Toronto
London is 5 pts cheaper
Groceries
100
London
vs
85
Toronto
Toronto is 15 pts cheaper
Restaurants
100
London
vs
80
Toronto
Toronto is 20 pts cheaper
Transport
100
London
vs
82
Toronto
Toronto is 18 pts cheaper
Utilities
100
London
vs
88
Toronto
Toronto is 12 pts cheaper

City Profiles

What makes each city unique

LondonUnited Kingdom
London is one of the world's most expensive cities, offering unparalleled career opportunities and a cosmopolitan lifestyle.

Why people love London:

Global financial hubWorld-class transportDiverse cultureHigh salaries
Population
8,982,000
Avg. Salary
£3,800/mo
TorontoCanada
Toronto is Canada's largest city with diverse economy and multicultural population.

Why people love Toronto:

Multicultural hubFinancial centerTech growthDiverse economy
Population
2,731,571
Avg. Salary
£2,655/mo

Real Monthly Costs

Estimated costs based on London baseline prices

ExpenseLondonTorontoSavings
1-bed apartment (city centre)£2,000£2,100+£100
Monthly groceries£350£298£-52
Dining out (10 meals)£250£200£-50
Public transport pass£160£131£-29
Utilities (electric, heating, water)£180£158£-22
Total Monthly£2,940£2,887£-53

* Estimates based on London = 100 index. Actual costs vary by lifestyle and location within city.

Who Should Choose Which City?

Recommendations based on your priorities

Choose London if you...
  • Are looking for more affordable housing
  • Prioritize safety (score: 82/100)
  • Want higher earning potential (£3,800/mo avg)
  • Have children (lower childcare costs)
Choose Toronto if you...
  • Want lower overall living costs (12% cheaper)
  • Work in tech or startups

Quality of Life & Safety

Beyond just costs - what matters for daily life

London
78

Quality of Life Score

London
82

Safety Score

Salary Equivalence

How much you'd need in Toronto to match a London salary

Salary in LondonEquivalent in TorontoDifference
£30,000£26,400£3,600 less
£40,000£35,200£4,800 less
£50,000£44,000£6,000 less
£60,000£52,800£7,200 less
£80,000£70,400£9,600 less
£100,000£88,000£12,000 less

London vs Toronto: Summary

The overall cost of living differs by 12%. Toronto is the more affordable option.

Rent: London has a rent index of 100, while Toronto has 105.

Average Salaries: London: £3,800/month vs Toronto: £2,655/month (both in GBP).

Out of 6 categories, London wins 1, while Toronto wins 5.

Compare more cities or calculate your UK take-home pay.