There are plenty of reasons why Toronto has been marked as
the 4th most livable city in the world. The spotless streets and high-quality
education make it a desirable candidate for relocation. When moving to a new
place, especially abroad, you need to consider the cost of living carefully. To
help, Continental ImmigrationConsultancy reviews what living in Toronto is like, in terms of expenditure
and value for money.
Expensive but cheap
Toronto is regarded as the financial core of Canada. With
its fair share of well-paid professionals, the expenses have been driven
slightly higher than other Canadian cities. That is why you can find a liter of
whole-fat milk cost more than two Canadian dollars. Compared to other first-world
cities in the world, Toronto is cheaper.
Choices
Some like to live classy while others prefer a humble life.
The variety of choices a person is offered in Toronto, dictates the cost of
living to a certain extent. Monthly accommodation for an expensive 900- square
feet fully-furnished accommodation is close to C$2,200. In a modest
neighborhood, the cost for the same is around C$ 1,700. To counter this, an
average 2-BHK apartment around the world will have you shell out more than $4000.
Contrast this to the same in Toronto, and you’ll find the cost is less than
half of the average.
Cost of food
A cup of coffee in Toronto costs close to C$1.5. The average
Toronto lunch can cost C$17. With respect to European metropolitans and other top-notch
cities, this is dirt cheap!
Education
The reason why we, at Continentalimmigration consultancy, advocate
Toronto, is because of its first-class education sector. Moreover, University
of Toronto has a rich cultural and historical background. The cost depends on
the course applied for. For an international student, the average tuition fee
ranges from C$45,000 to C$60,000.
In short, settling in Toronto is really easy and
advantageous, given the economy and quality of living. Best of luck for a
new life in Toronto!
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