Toronto vs Lisbon: Cost of Living, Rent & Purchasing Power Comparison

Comparing Toronto (Canada) and Lisbon (Portugal) reveals a cost-of-living index of 74.7 in Toronto versus 52.3 in Lisbon (NYC baseline = 100.0). Overall, Lisbon is 30.0% more affordable than Toronto.

Metrological Indicator Toronto (Canada) Lisbon (Portugal)
Cost of Living Index (NYC = 100) 74.7 52.3
Rent Index 56.4 39.4
Groceries Index 73.2 42.1
Restaurant Price Index 70.8 46.1
Local Purchasing Power Index 91.4 61.2
1-Bed Apartment in City Center C$2,392 €1,144
Inexpensive Restaurant Meal C$26.00 €12.48
Monthly Public Transit Pass C$162.24 €41.60
Basic Monthly Utilities (85m²) C$166.40 €140.40
Safety & Healthcare Score Safety 56.4/100 · Health 75.3/100 Safety 70.4/100 · Health 78.4/100

Is Toronto more expensive than Lisbon?

Toronto has a higher overall cost-of-living index (74.7) compared to Lisbon (52.3), representing an index differential of 22.4 points (30.0% difference).

How do apartment rents compare between Toronto and Lisbon?

In Toronto, a 1-bedroom city-center apartment averages C$2,392/month (Rent Index: 56.4), whereas in Lisbon it averages €1,144/month (Rent Index: 39.4).

→ Toronto Full Cost Report → Lisbon Full Cost Report → Global City Index Directory

Cost of Living & Real Estate Market in Toronto

The cost of living in Toronto, Canada is indexed at 74.7 points relative to New York City (which acts as the baseline at 100). This rating indicates a premium-tier expense profile for residents, digital nomads, and expats alike. When factoring in general consumer spending, local taxes, and retail prices, {city} offers a unique economic landscape.

Housing and accommodation in Toronto are defined by a Rent Index of 56.4. A typical one-bedroom apartment in the city center generally commands about C$2,392 per month. For long-term stays, housing expenses represent a very expensive portion of an average expat budget, meaning finding affordable housing requires careful planning.

Daily sustenance and lifestyle expenses are key. In Toronto, a basic meal at an inexpensive local restaurant averages C$26.00, while a standard cup of coffee is priced around C$5.04. Public transit is accessible, with a monthly commuter pass costing approximately C$162.24, and basic residential utility bills (electricity, heating, water) averaging C$166.40 monthly.

Looking at quality of life metrics, Toronto secures a safety index rating of 56.4/100, which is considered highly secure. The local climate efficiency is rated at 74.1/100, healthcare standard scores 75.3/100, and digital connectivity is supported by average internet download speeds of 91.2 Mbps.

METROLOGY ID: TORONTO-EN-2026 | DYNAMIC DATA FEED

Cost of Living & Real Estate Market in Lisbon

The cost of living in Lisbon, Portugal is indexed at 52.3 points relative to New York City (which acts as the baseline at 100). This rating indicates a moderate expense profile for residents, digital nomads, and expats alike. When factoring in general consumer spending, local taxes, and retail prices, {city} offers a unique economic landscape.

Housing and accommodation in Lisbon are defined by a Rent Index of 39.4. A typical one-bedroom apartment in the city center generally commands about €1,144 per month. For long-term stays, housing expenses represent a mid-range portion of an average expat budget, meaning finding affordable housing requires careful planning.

Daily sustenance and lifestyle expenses are key. In Lisbon, a basic meal at an inexpensive local restaurant averages €12.48, while a standard cup of coffee is priced around €1.66. Public transit is accessible, with a monthly commuter pass costing approximately €41.60, and basic residential utility bills (electricity, heating, water) averaging €140.40 monthly.

Looking at quality of life metrics, Lisbon secures a safety index rating of 70.4/100, which is considered highly secure. The local climate efficiency is rated at 94.1/100, healthcare standard scores 78.4/100, and digital connectivity is supported by average internet download speeds of 92.5 Mbps.

METROLOGY ID: LISBON-EN-2026 | DYNAMIC DATA FEED