Cost of Living Guide

City comparison

Cost of living in Copenhagen vs Toronto

One person needs about €2,563 a month in Copenhagen and €2,737 in Toronto, rent included — Copenhagen is 7% cheaper overall.

🇩🇰
Copenhagen
Denmark · 1.3M pop
vs
🇨🇦
Toronto
Canada · 2.8M pop
Monthly rent (1BR)
€1,700€1,900
12% pricier
Groceries / mo
€400€400
0% pricier
Eating out (meal)
€20€19
5% cheaper
Internet (100mbps)
€38€50
32% pricier
Avg salary (tech)
€5,300€5,400
2% higher
Coworking / mo
€300€300
0% pricier
CopenhagenToronto
Rent€1,700€1,900
Groceries€400€400
Transport€85€105
Utilities€180€130

Salary you'd need to keep the same lifestyle

Enter your current net monthly pay. We scale it by the full cost basket — rent, groceries, transport, utilities, eating out and internet.

To live in Toronto the way you live in Copenhagen on €3,000, you need

€3,204/ month net

7% more than today (+€204)

Copenhagen today
Basket €2,563 · left over €437 (15%)
Toronto at the matched salary
Basket €2,737 · left over €467 (15%)

Local pay context: average tech net pay covers the basket 197% over in Toronto (strong) vs 207% in Copenhagen. Purchasing power index · How we calculate this

🇩🇰 Copenhagen

Cycling city with high taxes that buy genuinely good public services.

Monthly budget: €2,563

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

🇨🇦 Toronto

Strong salaries, brutal rent, and winters that raise the utility line.

Monthly budget: €2,737

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

Should you move to Copenhagen or Toronto?

On salary, Toronto pays more for tech roles (€5,400 versus €5,300 a month), so the money left over after costs is €2,737 in Copenhagen at the top end.

Rent drives most of the gap: €1,700 in Copenhagen against €1,900 in Toronto. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores Copenhagen at 70 and Toronto at 66 — see the full nomad index and our data methodology.

More Copenhagen comparisons

More Toronto comparisons