Cost of Living & Salary Comparison 2026
Yes, Toronto is 25% cheaper than Amsterdam based on our cost of living index. Toronto has a COLI of 62.3, while Amsterdam has a COLI of 82.6. 25% cheaper
Overall, Toronto is approximately 25% cheaper than Amsterdam based on our cost of living index. Amsterdam has a COLI of 82.6 (ranked #8 of 182 cities), while Toronto has a COLI of 62.3 (ranked #40).
When it comes to housing, one-bedroom apartment rent in Amsterdam averages $1,800/month compared to $2,000/month in Toronto. That makes Amsterdam approximately 10% cheaper for rent alone.
Toronto has lower total deductions (31.6%) compared to Amsterdam (37.0%), meaning you keep more of your gross salary in Toronto. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.
Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.
Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.
If you earn €63,592 in Amsterdam, you would need approximately C$76,588 in Toronto to maintain the same purchasing power. That is 25% less thanks to lower cost of living.
Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:
| Job Title | Amsterdam (EUR) | Toronto (CAD) |
|---|---|---|
| Doctor (General) | €126,065 | C$151,828 |
| Software Engineer | €59,530 | C$71,697 |
| Product Manager | €70,036 | C$84,349 |
| Lawyer | €70,036 | C$84,349 |
| Data Scientist | €66,534 | C$80,131 |
| Marketing Manager | €50,426 | C$60,731 |
| Teacher | €33,617 | C$40,487 |
| Nurse | €40,621 | C$48,922 |
Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.
| Neighborhood | Multiplier |
|---|---|
| Canal Ring (Centrum) | 1.30x (+30%) |
| Oud-Zuid | 1.28x (+28%) |
| Jordaan | 1.25x (+25%) |
| Zuidas | 1.20x (+20%) |
| Oud-West | 1.15x (+15%) |
| Neighborhood | Multiplier |
|---|---|
| Yorkville | 1.30x (+30%) |
| Forest Hill | 1.28x (+28%) |
| King West | 1.22x (+22%) |
| Downtown Core | 1.18x (+18%) |
| Distillery District | 1.15x (+15%) |
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Open Salary ConverterAmsterdam is more expensive overall. Amsterdam has a COLI of 82.6 while Toronto has a COLI of 62.3, making Toronto approximately 25% cheaper.
To maintain the same standard of living as €63,592 in Amsterdam, you would need approximately C$76,588 in Toronto.
Average one-bedroom rent in Amsterdam is $1,800/month compared to $2,000/month in Toronto. Amsterdam has lower rent by approximately 10%.
Toronto has lower total deductions (31.6%) compared to Amsterdam (37.0%), meaning you keep more of your gross salary in Toronto.
Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.
Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.
Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.