Is High Park Expensive?

Toronto, Canada

+8% vs Toronto avg

Living in High Park, Toronto

High Park is a moderately-priced area within Toronto, with a cost of living index of 67.3 — that is +8% compared to the Toronto average. It sits around the middle of the pack at #10 out of 24 neighborhoods. Estimated rent for a one-bedroom apartment here is around C$2,924/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 High Park, housing takes up roughly 49% 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$116,978 before tax.

Typical Salaries in High Park

Salaries in High Park reflect the local cost of living. Based on the neighborhood COLI of 67.3:

After tax and deductions of 32.0% in Canada, take-home pay for someone earning C$116,978 would be roughly C$79,545/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

67.3
COLI Index
1.08x
vs City Avg
C$2,924
Est. 1BR Rent
#10
of 24 Areas
32.0%
Total Deductions

Tax & Deductions in High Park

Estimated annual deductions on a C$68,339 salary in High Park, Toronto (local employee).

Income Tax
16%
CPP + EI
6.8%
Provincial Tax (Ontario)
9.15%
Total Deductions: 32.0%
Est. Take-Home: C$46,502/yr

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

Salary Equivalents

What a $75,000 USD salary in High Park would need to be elsewhere:

City Currency Equivalent
New York USD $50,475
London GBP £43,438
Dubai AED AED 252,566

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

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to High Park:

Cameron Village, Raleigh Oakwood, Raleigh Buckman, Portland Montrose, Houston Lower Greenville, Dallas Southlake, Dallas

Frequently Asked Questions

Is High Park expensive in Toronto?

High Park is near the city average for Toronto. Costs are about +8% vs the average, making it a mid-range neighborhood.

How does High Park compare to the Toronto average?

The cost of living in High Park is above the Toronto average. With a multiplier of 1.08x, everyday expenses including rent, food, and transportation are +8% 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.