You might also notice that every fifth person has a bicycle here, and thats because the city is also bike-friendly. Where to begin? Toronto or Vancouver a question as old as time that's plagued both city locals and international expats. Toronto is the business capital of Canada and home to many company headquarters. Vancouver offers these benefits under the British Columbia Medical Service Plan, which you must sign up for. You can just believe in yourself and accept that whatever decision you have taken based on these factors, I wish will be worth it. Much larger in size and with convenient access to cities like New York and Boston, not to mention some truly gorgeous scenery of its own, Toronto is an equally desirable location for residents. Is a yard important? Pros and Cons of Living in Saskatoon, Saskatchewan, Toronto Population Growth Chart 2021-2035 |. People attain benefits of Canadian immigration policies, which is one of the key drivers to gravitate them pick and choose Canada as their preferred immigration destination. Same as in any other city, once you gain some experience or find a better job in your field, You are going to earn far better starting anywhere from $20/hr $40/hr or even more. The GO Train can help you visit neighboring cities. Vancouver is often conceptualized as a nature-lovers paradise, with abundant lakes, beaches, mountains, trails and more within arms reach. This desire to own a home but the inability to afford one will play a key part in where many Canadians choose to live. Apply to multiple listings. Find out what is the real equivalent in Vancouver of your current salary and improve your chances of a happy relocation. Also, while enjoying the site-seeing if you also like to indulge in outdoor activities, reasonable sushi, a mix of health and nature, pleasure of enjoying eating as well as drinking, balanced weather, if not great but good enough nightlife, relaxed vibe, strolling/cycling/jogging/kayaking in the morning with mountains by the side and rains pouring most of the year. Both the cities possess amazing sightseeing to die for, food variety that can make you salivate, shopping places, electrifying nightlife, jobs that can offer you growth or deep pockets, etc. This line is considered hazardous because its highly susceptible to an earthquake that could have disastrous damage affecting Vancouver and parts of the US west coast. This metropolitan has amazing beaches, fantastic green spaces, and incredible mountain ranges nearby. Here you can see the expected population growth from 2021 to 2035.Toronto Population Growth Chart 2021-2035 | Source. Your use of this service is subject to our However, before we get into the nitty-gritty, lets first have a birds eye view of Canada as a country. So, if you have recently immigrated to Canada and are confused you should move to Toronto and Vancouver, you should definitely give this blog a read. Updated on September 28, 2022 Living in Canada Love it? This vibrant city has something for everyone, from stunning architecture and world-renowned museums to lively markets and outdoor adventures. Vancouver has incredible city life, but this doesnt come without its issues. The city residents with all their love often called it Raincouver, where the city experiences approximately 165 days of rainfall over the entire year span. If you are living alone, your housing costs may be much lower because you may only need a bachelor apartment or 1 bedroom apartment. Whistler makes Vancouver a hub ski world, Whistler ski resort is a world-renowned and famous destination for ski lovers. So, The RE/MAX Outlook for Vancouver real estate in 2021 is an increase of 4% in average price to approximately C$1.32 million.. Privacy Policy. You will never run out of the night-out places at both places, they are super fun and attractive. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We are Mayuri & Salil creators of Canada Crossroads a travel & living blog. They have shown the Crime Index and Safety Index which is further based on these factors like Level of crime, Crime increasing in the past 3 years, car stolen, insults, robbery and many other factors mentioned below: Note: *All these stats are based on 1120+ contributors from Toronto and 553+ contributors from Vancouver in April 2023 whove submitted various details in Numbeo. Canada Ontario Toronto Cost of Living in Toronto The average cost of living in Toronto is $2348, which is in the top 3% of the most expensive cities in the world, ranked 269th out of 9294 in our global list, 4th out of 153 in Canada, and 1st out of 43 in Ontario. However, according to the current statistics for the Year 2021, the housing prices in both cities are skyrocketing. Toronto vs. Vancouver Population 2022-2023, Average Salary Comparison Vancouver vs. Toronto, Toronto vs Vancouver: Shopping Malls and Complexes. However, when you look at other costs, the 2 most expensive cities in Canada are almost identical. Another factor that becomes vitally important when considering a move to the big city is, of course, traffic. Like Vancouver, downtown Toronto and neighbouring areas command higher rents than places in the suburbs. Niagara Falls, even though its not exactly located in Toronto, Niagara Falls makes Toronto famous as its on a short drive and is one of the most famous falls in the world. As home prices across high-cost housing markets such as the Toronto housing market and Vancouver housing market surge, an RBC Poll from April 2021 shows 36% of Canadians under 40 have given up on their housing dream. Toronto vs Vancouver; You must be knowing that the immigration site of Canada crashed after the Presidential Election result of the U.S. 2016. Copyright 2009-2023 Numbeo. Canada offers the most competitive salaries in the IT sector, which attracts professionals to choose either of these cities. Even if the same goods cost the same price in Calgary, Alberta and London, Ontario before tax, the item would be cheaper in Calgary because of the lower sales tax rate than in London. the average or median income in that region, Canadian Mortgage and Housing Corporation. The Ontario capital was recently named the second safest city in the world by the Economist Safety City Index. Torontos still not great in terms of traffic, ranked third in Canada and 145th in the world. The only motive behind this guide was to provide you with detailed well researched factual information. Know that they are both expensive so the deciding factor will likely be something less tangible the look, the feel, the nightlife, the culinary scene (both thriving! that will give me the motivation to write more on such topics. For more insights check salaries, prices of popular goods and services such as food, transportation, rent, entertainment, utilities and more. Vancouver and Toronto are more than 4,000 km apart but share the dubious honour of being the two most expensive cities in Canada. The effects of inflation are felt across Canada, no matter where you live. In terms of total area (size), you can see Toronto is a bigger city than Vancouver. If youre having trouble choosing between the two cities, were here to help. Yes, rent isnt the only expensive thing here. After all, this fun city has been named one of the best foodie destinations. This guide should help you narrow your choices to whichever place best fits your life, as each city has its pros and cons. For more insights check salaries, prices of popular goods and services such as food, transportation, rent, entertainment, utilities and more. Compared to other major cities around the world, Toronto is exceptionally safe. This means that especially for those living in cities that are denser and with strong public transit such as Toronto and Montreal, you will be able to save on your transportation costs by using public transit. Like Toronto, though, you can save on these expenses by getting roommates or opting for the more affordable nearby areas in British Columbia. Toronto or Vancouver, there is no doubt both cities are highly expensive as compared to other cities like Ottawa, Kitchener, Saskatoon, Winnipeg etc. IT Industry (Has good opportunities in both these cities). Those immigrating to Vancouver can expect free healthcare, excellent public schooling, a laid-back atmosphere, efficient public transportation, and the like. Comparisons improve with every new data that you enter. Your email address will not be published. Owing to its size, it is a hub of job opportunities. The rain also dissipates during the warmer months, with an average of only 4 days of rain for July. Step-by-Step Guide. Here is an annual average salary comparison breakdown by Teleport.org, (in USD): *Amount is in USD | Source: Teleport Toronto & Teleport Vancouver. $3,040. A ton of pros come with living in Vancouver, including the following. These prices were last updated on June 04, 2023. Without the many skyscrapers in Toronto, you can enjoy panoramic views of the natural landscape from afar. While the cost of living here compares favorably to the Toronto cost of living, its still expensive compared to the rest of Canada. So I am sure you also have the same major question in your mind, Toronto vs Vancouver Where should you move as a new immigrant? Its the perfect dwelling for people who prefer a bigger city with excellent safety. I hope you would find my living in Toronto vs Vancouver detailed guide for new immigrants helpful. For a general rule, bigger cities in Canada usually have more activities and amenities than smaller cities, however these activities may come at a higher price. Surprisingly though, Torontos population density is well below Vancouvers the former has about 4,334 people per square kilometre, while the latter has 5,249. $3,453. (Which could more or less depend on your family income, number of kids, and age of your kids etc). Hold on, are you waiting already? If you're living in a city with a very high cost of living but are not benefiting from a higher income, you may have a lower standard of living compared to living somewhere cheaper. (5 miles), Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. Snow wont be an issue, as snow typically disappears within hours. Here are the five biggest pros of choosing to move to Toronto. As two of Canada's most popular cities, it only makes sense to consider relocating to one of these metropolitans. $3,671 . Pin: Pros and Cons of Living in Vancouver vs Toronto. 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