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Cost of living in Toronto (2026) and what you keep after tax

On €100,000 a year, a single person in Toronto pays €32,431 in tax and social contributions, spends €29,459 on living costs and keeps €38,110. On net worth at 70 it ranks #26 of 78 cities.

Every household type, per year, at €100,000 per earner

SingleCouple, both earningCouple, one earnerCouple, both earning, 2 kidsCouple, one earner, 2 kids
Income€100,000€200,000€100,000€200,000€100,000
Tax, social contributions and insurance€32,431€64,861€30,351€64,861€30,351
Living costs€29,459€53,550€53,022€76,685€76,157
Children€0€0€0€34,700€31,825
Savings / yr€38,110€81,588€16,626€23,753-€38,333
Net worth at 70€2,759,160€5,561,502€1,280,269€3,716,953-€131,303
Rank among 78 cities2626262728
Social insurance paid out over a working life€46,484€92,968€46,484€92,968€46,484

Living costs in Toronto for one person, per year

Rent€10,045
Utilities€973
Work expense€2,760
Food€9,460
Transport€2,640
Shopping€3,581
Living costs€29,459

Other cities in Canada

Cities where you keep about as much

Compare all 78 cities