Toronto, Canada
-15% vs Toronto avgNorth York 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 #19 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.
For a typical resident of North York, 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.
Salaries in North York 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.
Estimated annual deductions on a C$53,818 salary in North York, Toronto (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in North York would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $39,750 |
| London | GBP | £34,208 |
| Dubai | AED | AED 198,900 |
| 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% |
See exactly what you need to earn in North York, Toronto to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to North York:
North York is one of the more affordable neighborhoods in Toronto. It costs about -15% less than the city average, ranking #19 out of 24 neighborhoods.
The cost of living in North York 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.