Cost of Living Guide

City comparison

Cost of living in Toronto vs Austin

One person needs about €2,737 a month in Toronto and €2,411 in Austin, rent included — Austin is 12% cheaper overall.

🇨🇦
Toronto
Canada · 2.8M pop
vs
🇺🇸
Austin
United States · 980K pop
Monthly rent (1BR)
€1,900€1,600
16% cheaper
Groceries / mo
€400€400
0% pricier
Eating out (meal)
€19€17
11% cheaper
Internet (100mbps)
€50€55
10% pricier
Avg salary (tech)
€5,400€6,500
20% higher
Coworking / mo
€300€280
7% cheaper
TorontoAustin
Rent€1,900€1,600
Groceries€400€400
Transport€105€40
Utilities€130€180

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

€2,643/ month net

12% less than today (-€357)

Toronto today
Basket €2,737 · left over €263 (9%)
Austin at the matched salary
Basket €2,411 · left over €232 (9%)

Local pay context: average tech net pay covers the basket 270% over in Austin (very strong) vs 197% in Toronto. Purchasing power index · How we calculate this

🇨🇦 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

🇺🇸 Austin

No state income tax and a real tech market, with car costs baked in.

Monthly budget: €2,411

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

Should you move to Toronto or Austin?

On salary, Austin pays more for tech roles (€6,500 versus €5,400 a month), so the money left over after costs is €4,089 in Austin at the top end.

Rent drives most of the gap: €1,900 in Toronto against €1,600 in Austin. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores Toronto at 66 and Austin at 73 — see the full nomad index and our data methodology.

More Toronto comparisons

More Austin comparisons