Sydney vs Toronto: which is more expensive? (2026)

Sydney is estimated to be 0.2% cheaper than Toronto in Worldlytic's moderate single-person model ($2,724 versus $2,728 per month).

Single person · moderate lifestyle · housing included · budget snapshot 2024-11-15 · exchange rates 2024-11-15. Estimates are not live market quotes.

Monthly living costs side by side

Worldlytic modeled monthly budget, converted to USD
ExpenseSydney (USD)Toronto (USD)
housing$1,645$1,667
food$382$399
transportation$118$116
utilities$138$130
internet$53$54
healthcare$79$72
entertainment$171$159
childcare$0$0
other$138$130
Total including housing$2,724$2,728

In local currency: $4,140 per month in Sydney; $3,765 in Toronto.

Salary needed to keep your lifestyle

An illustrative $114,000 gross annual salary in Sydney corresponds to approximately $96,425 gross annually in Toronto using our equivalent-salary calculator.

The calculator applies stored 2024 / 2024 tax rules, scales take-home pay by the living-cost ratio, then solves for destination gross salary. This preserves the modeled ratio of net income to expenses. Your rent, benefits, deductions and savings target can change the result. This is an illustrative scenario, not an average salary.

Calculate your equivalent salary from Sydney to Toronto

Compare your take-home pay and living budget in Sydney and Toronto

Questions about living in Sydney and Toronto

Is Sydney more expensive than Toronto?

Sydney is estimated to be 0.2% cheaper than Toronto in Worldlytic's moderate single-person model ($2,724 versus $2,728 per month).

How much salary do I need to move from Sydney to Toronto?

For an illustrative gross annual salary of $114,000 in Sydney, the tax-aware equivalent-salary engine estimates $96,425 gross annually in Toronto. This preserves the modeled net-income-to-living-cost ratio using stored 2024/2024 tax rules; it is not an observed average salary.

Which expense differs most between Sydney and Toronto?

The largest modeled monthly category difference is housing: $1,645 in Sydney compared with $1,667 in Toronto. All categories use the same household, lifestyle and exchange-rate assumptions.

How much does a family spend in Sydney versus Toronto?

The family-of-four model, including childcare, totals $5,863 per month in Sydney and $5,757 in Toronto. These are modeled budgets, not observed household survey means.

How current is this Sydney vs Toronto comparison?

The guide is reviewed for 2026, but its Worldlytic budget snapshot is dated 2024-11-15 and its exchange-rate snapshot is dated 2024-11-15. Tax years are shown with the salary example. These figures are estimates, not live rent quotes or certified current payroll calculations.

Assumptions and methodology

These estimates use Worldlytic's stored nine-category living-cost baskets (2024-11-15) and exchange-rate snapshot (2024-11-15). They are modeled calculator inputs, not verified city surveys or current advertised rents. Both locations use identical household and lifestyle settings. Family estimates use family-of-four multipliers. The cost difference is relative to Toronto's USD budget.

Read the living-cost and equivalent-salary methodology