Calculators / Moving cost / Toronto
Cost of moving to Toronto
How much money to have ready before you move to Toronto: the deposit, first month's rent, living costs until your first pay and a safety buffer, plus your own costs for the journey.
Where the numbers come from
Rent and living costs for Toronto come from the same prices as its city page.
Rent is a 1-bedroom flat in the centre. Living costs cover food, eating out, transport, bills, going out and clothes. Full method
Questions
How much money do I need to move to Toronto?
For one person renting in the city centre, our default plan comes to about CA$22,000 before travel and moving costs: a two-month deposit, the first month's rent, one month of living costs until your first pay, and a three-month emergency buffer. Change any of these to match your situation.
How big is a rent deposit?
It depends on the country and the landlord. One to three months' rent is common; some places also charge an agent fee or a non-refundable fee to the landlord. Ask for the exact amount before you sign and put it in the calculator.
Why include an emergency buffer?
Moving often costs more than planned: a later start date, a delayed first salary, or a deposit refund that takes months to arrive. A few months of living costs set aside gives you time to sort these out.
Spotted a mistake? Tell us
Wrong number, out-of-date rate, or something that doesn't work? We read every message and correct mistakes. No account needed.