Cost of Living & Salary Comparison 2026
Yes, Toronto is 36% cheaper than San Francisco based on our cost of living index. Toronto has a COLI of 62.3, while San Francisco has a COLI of 97.6. 36% cheaper
Overall, Toronto is approximately 36% cheaper than San Francisco based on our cost of living index. San Francisco has a COLI of 97.6 (ranked #4 of 182 cities), while Toronto has a COLI of 62.3 (ranked #40).
When it comes to housing, one-bedroom apartment rent in San Francisco averages $3,200/month compared to $2,000/month in Toronto. That makes Toronto approximately 38% cheaper for rent alone.
Toronto has lower total deductions (31.6%) compared to San Francisco (32.2%), 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 $75,000 in San Francisco, you would need approximately C$64,817 in Toronto to maintain the same purchasing power. That is 36% 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 | San Francisco (USD) | Toronto (CAD) |
|---|---|---|
| Doctor (General) | $175,680 | C$151,828 |
| Software Engineer | $82,960 | C$71,697 |
| Product Manager | $97,600 | C$84,349 |
| Lawyer | $97,600 | C$84,349 |
| Data Scientist | $92,720 | C$80,131 |
| Marketing Manager | $70,272 | C$60,731 |
| Teacher | $46,848 | C$40,487 |
| Nurse | $56,608 | 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 |
|---|---|
| Palo Alto | 1.28x (+28%) |
| Pacific Heights | 1.25x (+25%) |
| Marina District | 1.22x (+22%) |
| Financial District | 1.20x (+20%) |
| Russian Hill | 1.20x (+20%) |
| 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 ConverterSan Francisco is more expensive overall. San Francisco has a COLI of 97.6 while Toronto has a COLI of 62.3, making Toronto approximately 36% cheaper.
To maintain the same standard of living as $75,000 in San Francisco, you would need approximately C$64,817 in Toronto.
Average one-bedroom rent in San Francisco is $3,200/month compared to $2,000/month in Toronto. Toronto has lower rent by approximately 38%.
Toronto has lower total deductions (31.6%) compared to San Francisco (32.2%), 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.