Cost of Living Comparison
Vancouver vs Toronto
A side-by-side look at what it actually costs to live in Vancouver compared to Toronto — housing, salary, tax, and family-of-living metrics powered by FuturePath City Intelligence.
Moving from
Vancouver
British Columbia · Canada
69FuturePath Score
Pacific gateway with strong tech and film industries; among the least affordable housing in Canada.
Moving to
Toronto
Ontario · Canada
74FuturePath Score
Canada's largest job market; world-class talent hub with premium housing costs.
Metric
Vancouver
Toronto
Change
Median rent (monthly)
CA$2,900
CA$2,650
-8.6%
Median home price
CA$1M
CA$1M
-16.0%
Median salary
CA$74,000
CA$78,000
+5.4%
Effective tax rate
34.0%
33.0%
-1.0 pts
Childcare (monthly)
CA$1,750
CA$1,900
+8.6%
Mortgage burden
52.0%
48.0%
-4.0 pts
Cost-of-living score
38
42
+4
Overall score
69
74
+5
Migration momentum
80
82
+2
The quick take
Toronto scores higher overall (+5).
- Rent: -8.6% vs Vancouver
- Salary: +5.4% vs Vancouver
- Cost-of-living score: +4 (higher = more affordable)
Should you make the move?
These numbers are city-wide averages. FuturePath simulates your income, savings, household, and career path against both cities to score affordability, life readiness, and decision confidence.
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