Getting a clear picture of the cost of living can help you budget for the year. Read this page for a breakdown of some typical costs of living in the Greater Toronto Area (GTA). 

Below are estimated costs of living in Toronto, Mississauga and Scarborough in 2016-17. 

You can also plan ahead with the U of T Financial Planning Calculator.

 

Estimated living and studying costs for the academic year (8 months):

Food: $1504 - $3400

Clothing: $824 - $1070

Local Transportation: $896 ($112 per month)

Books, supplies and instruments: $1000 - $2000+

Miscellaneous: $992 - $1500

Sources: 
City of Toronto – Living Expenses 
UeaT - U of T Food Services Meal Plan Options and Costs
Expatisan.com - cost of living in Toronto
TTC Fares and Passes
U of T Enrolment Services Cost Estimates

 

Housing Costs: 

Source: CMHC Rental Market Report – Fall 2015 
*Room avg. source: U of T Off-Campus Housing Service – Fall 2015

CMA (Census Metro Area)

Room: NA 

Bachelor: $884

1-bedroom apartment: $1096

2-bedroom apartment: $1337

3-bedroom apartment: $1688

Near St. George 

*Room: $625

Bachelor: $983

1-bedroom apartment: $1248

2-bedroom apartment: $1651

3-bedroom apartment: $2435

 

Near UTM

*Room: $540

Bachelor: $827

1-bedroom apartment: $1066

2-bedroom apartment: $1245

3-bedroom apartment: $1362

 

 

Near UTSC

*Room: $530

Bachelor: $843

1-bedroom apartment: $974

2-bedroom apartment: $1115

3-bedroom apartment: $1266