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 2017-18. 

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: $934 ($116.75 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 2016 
*Room avg. source: U of T Off-Campus Housing Service – Fall 2016

CMA (Census Metro Area)

Room: N/A 

Bachelor: $957

1-bedroom apartment: $1,132 

2-bedroom apartment: $1,327

3+-bedroom apartment: $1,515

Near St. George 

*Room: $729

Bachelor: $1,002

1-bedroom apartment: $1,272

2-bedroom apartment: $1,660

3+-bedroom apartment: $2,266

 

Near UTM

*Room: $537

Bachelor: $866

1-bedroom apartment: $1,109

2-bedroom apartment: $1,276

3+-bedroom apartment: $1,419

 

 

Near UTSC

*Room: $619

Bachelor: $862

1-bedroom apartment: $1,000

2-bedroom apartment: $1,147

3+-bedroom apartment: $1,290