Cost of Living in Toronto in 2024: Housing Cost, Transportation, and Living Cost

Nisha Menon

5 min read

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Frequently Asked Questions

What is the cheapest way to travel from Toronto to Montreal?

The cheapest way to travel from Toronto to Montreal is by Bus with a duration of approximately 6 hours, with one-way fares starting at $37 and round-trip fares at $82.

How much salary do you need to live in Toronto?

Based on recent findings from the Ontario Living Wage Network (OLWN), individuals residing in Toronto and the Greater Toronto Area must earn a minimum of $28.05 per hour. This figure marks an approximate 8% increase from the 2023 rate of $24.15

Which university has the lowest tuition fee in Canada?

Simon Fraser University, University of Guelph, Concordia University, University of Calgary, and University of Saskatchewan are among the institutions known for their lower tuition costs.

What province in Canada has the lowest cost of living?

Living costs across Canada fluctuate depending on the city. Quebec consistently stands out as one of the provinces with the most affordable living expenses, with an approximate monthly living cost of C$1,600.

Is the cost of living in Canada for Indian students very high?

When compared to other renowned study destinations, studying in Canada proves to be more economical. On average, students require approximately C$30,000 to C$50,000 per year, depending on the chosen course and city, to cover tuition expenses.
Nisha Menon

Nisha Menon

Sr. Content Marketing Specialist

Nisha Menon is our seasoned content writer with over 5 years of expertise in content marketing. Nisha combines her profound knowledge with skillful SEO practices to craft content that informs and engages. Beyond her writing prowess, she specializes in content related to Immigration and PR services, her commitment to continuous learning keeps her well-versed with the latest industry trends. In her leisure moments, she finds solace in creativity and embarks on travel adventures. Her unyielding commitment to seeking inspiration blends harmoniously with her love for exploring new horizons.

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