Salary Required
Salary required to live in Toronto, ON
Three lifestyle tiers, back-solved from local rent, cost of living, and tax.
Modest
$77,000
Gross, single filer
- Housing: $2,400/mo
- Savings: $250/mo
- Discretionary: $600/mo
Comfortable
$115,000
Gross, single filer
- Housing: $2,760/mo
- Savings: $1,200/mo
- Discretionary: $1,500/mo
Aspirational
$182,000
Gross, single filer
- Housing: $3,840/mo
- Savings: $2,500/mo
- Discretionary: $2,800/mo
Local rent (1-BR)
$2,400/mo
COL index
135
100 = US average
Median home price
$1,100,000