All 24 neighborhoods in Toronto ranked by cost of living index. Updated 2026.
| # | Neighborhood | 1BR Rent | Index | vs Avg |
|---|---|---|---|---|
| 1 | Yorkville | $2,600/mo | 1.30x | +30% |
| 2 | Forest Hill | $2,560/mo | 1.28x | +28% |
| 3 | King West | $2,440/mo | 1.22x | +22% |
| 4 | Downtown Core | $2,360/mo | 1.18x | +18% |
| 5 | Distillery District | $2,300/mo | 1.15x | +15% |
| 6 | The Annex | $2,240/mo | 1.12x | +12% |
| 7 | Midtown | $2,240/mo | 1.12x | +12% |
| 8 | Liberty Village | $2,200/mo | 1.10x | +10% |
| 9 | Queen West | $2,160/mo | 1.08x | +8% |
| 10 | High Park | $2,160/mo | 1.08x | +8% |
| 11 | Cabbagetown | $2,100/mo | 1.05x | +5% |
| 12 | Roncesvalles | $2,040/mo | 1.02x | +2% |
| 13 | Riverdale | $1,960/mo | 0.98x | -2% |
| 14 | Leslieville | $1,900/mo | 0.95x | -5% |
| 15 | Bloor West Village | $1,900/mo | 0.95x | -5% |
| 16 | Kensington Market | $1,840/mo | 0.92x | -8% |
| 17 | Danforth | $1,800/mo | 0.90x | -10% |
| 18 | Yorkdale | $1,760/mo | 0.88x | -12% |
| 19 | North York | $1,700/mo | 0.85x | -15% |
| 20 | Don Mills | $1,700/mo | 0.85x | -15% |
| 21 | Parkdale | $1,640/mo | 0.82x | -18% |
| 22 | Etobicoke | $1,600/mo | 0.80x | -20% |
| 23 | Mimico | $1,560/mo | 0.78x | -22% |
| 24 | Scarborough | $1,500/mo | 0.75x | -25% |
Rent estimates based on city average of $2,000/mo adjusted by neighborhood cost index. Index 1.00 = city average.
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Open a Wise Account →The most expensive neighborhood in Toronto is Yorkville, with an estimated 1-bedroom rent of $2,600/month — 30% above the city average.
Yorkville is approximately 30% more expensive than the Toronto average. 1-bedroom rent is $2,600/mo vs $2,000/mo city-wide.
Our database covers 24 neighborhoods in Toronto, each with detailed cost-of-living and salary data.