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The Price You Pay for the Toronto Lifestyle #m2ktrends #viralvideo #shorts
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The cost of living in Toronto is high, and it's considered one of the most expensive cities in Canada. Here's a breakdown of some key factors:
Housing: This is the biggest expense. The average rent for a one-bedroom apartment is around $2,200 per month, but it can vary significantly depending on the location and amenities.
Food: Groceries and dining out can be costly. Expect to spend at least $340+ per month on food.
Transportation: Public transit is widely available, but a monthly pass costs around $150. Owning a car adds expenses like insurance, gas, and maintenance.
Other costs: Don't forget about utilities, phone bills, internet, entertainment, and any other personal expenses.
To give you a general idea:
A single person might need around $4,500+ per month to live comfortably.
A family of four could require $7,900+ per month.
Housing: This is the biggest expense. The average rent for a one-bedroom apartment is around $2,200 per month, but it can vary significantly depending on the location and amenities.
Food: Groceries and dining out can be costly. Expect to spend at least $340+ per month on food.
Transportation: Public transit is widely available, but a monthly pass costs around $150. Owning a car adds expenses like insurance, gas, and maintenance.
Other costs: Don't forget about utilities, phone bills, internet, entertainment, and any other personal expenses.
To give you a general idea:
A single person might need around $4,500+ per month to live comfortably.
A family of four could require $7,900+ per month.