Purchasing Power: London vs 
Toronto (2026)
See what your salary in London would feel like in Toronto — and what you'd need to earn to maintain the same lifestyle.
From City
Your Gross Salary in London
To City
A full monthly lifestyle basket costs £3,120 in London vs $3,536 in Toronto
Monthly Cost of Living: London vs Toronto
| Category |  London |  Toronto |
|---|---|---|
| 🏠 Rent | £2,200 | $2,500 |
| 🛒 Groceries | £350 | $450 |
| 🍽️ Eating Out | £250 | $280 |
| 🚌 Transport | £170 | $156 |
| ⚡ Utilities | £150 | $150 |
| Total Essentials | £3,120 | $3,536 |
To match your lifestyle in London on £100,000/year, you need approximately $92,037/year gross in Toronto.
That's $7,670/month gross, or roughly $44/hour.
London
Monthly Net: £5,857
Monthly Expenses: £3,120
Disposable: £2,737
Savings Rate: 46.7%
Toronto (estimated)
Monthly Expenses: $3,536
To match disposable: $6,273 net/month needed
Equivalent gross: $92,037/year
Compare other city pairs
Frequently Asked Questions
How far does £100,000 go in Toronto compared to London?
A monthly lifestyle basket costs £3,120 in London versus $3,536 in Toronto.
What salary do I need in Toronto to match my lifestyle in London?
To maintain the same disposable income and lifestyle as earning £100,000/year in London, you would need to earn approximately $92,037/year gross in Toronto.
Is Toronto cheaper than London to live in?
Monthly essential costs are £3,120 in London versus $3,536 in Toronto. Note that these are in different currencies.