Is Don Mills Expensive?

Toronto, Canada

-15% vs Toronto avg

Living in Don Mills, Toronto

Don Mills is one of the most affordable neighborhoods in Toronto, with a cost of living index of 53.0 — that is -15% compared to the Toronto average. Ranked #20 of 24, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around C$2,302/month, compared to a range of C$2,031 in Scarborough to C$3,520 in Yorkville.

Monthly Budget Breakdown

For a typical resident of Don Mills, housing takes up roughly 38% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately C$92,066 before tax.

Typical Salaries in Don Mills

Salaries in Don Mills reflect the local cost of living. Based on the neighborhood COLI of 53.0:

After tax and deductions of 30.9% in Canada, take-home pay for someone earning C$92,066 would be roughly C$63,618/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

53.0
COLI Index
0.85x
vs City Avg
C$2,302
Est. 1BR Rent
#20
of 24 Areas
30.9%
Total Deductions

Tax & Deductions in Don Mills

Estimated annual deductions on a C$53,818 salary in Don Mills, Toronto (local employee).

Income Tax
15%
CPP + EI
6.8%
Provincial Tax (Ontario)
9.15%
Total Deductions: 30.9%
Est. Take-Home: C$37,161/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Don Mills would need to be elsewhere:

City Currency Equivalent
New York USD $39,750
London GBP £34,208
Dubai AED AED 198,900

Other Neighborhoods in Toronto

Neighborhood COLI Multiplier vs Avg
Yorkville 81.0 1.30x +30%
Forest Hill 79.7 1.28x +28%
King West 76.0 1.22x +22%
Downtown Core 73.5 1.18x +18%
Distillery District 71.6 1.15x +15%

View all 24 neighborhoods in Toronto →

Convert Your Salary

See exactly what you need to earn in Don Mills, Toronto to maintain your lifestyle.

Open Salary Converter

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Don Mills:

Tai Po, Hong Kong Temple Terrace, Tampa Lutz, Tampa Al Ain, Abu Dhabi Mohamed Bin Zayed City, Abu Dhabi Richardson, Dallas

Frequently Asked Questions

Is Don Mills expensive in Toronto?

Don Mills is one of the more affordable neighborhoods in Toronto. It costs about -15% less than the city average, ranking #20 out of 24 neighborhoods.

How does Don Mills compare to the Toronto average?

The cost of living in Don Mills is below the Toronto average. With a multiplier of 0.85x, everyday expenses including rent, food, and transportation are -15% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Statistics Canada · Canada Revenue Agency · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.