City Comparison

Denton vs Toronto

Cost of Living Comparison · 2026

Denton

Texas
108
Above Average
$385,000
Median Home
$1,425/mo
Median Rent
$73,700
Median Income

Toronto

Canada
93
Below Average
$615,000
Median Home
$1,825/mo
Median Rent
$55,000
Median Income

The Verdict

16.1%

Living in Toronto costs 16.1% less than Denton. To match the purchasing power of a $75,000 salary in Denton, you would need $64,583 in Toronto.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
126
Denton
132
Toronto
Groceries
98
Denton
88
Toronto
Utilities
90
Denton
85
Toronto
Transportation
87
Denton
98
Toronto
Healthcare
81
Denton
72
Toronto

Salary Equivalence

A $75,000 salary in Denton has the same purchasing power as $64,583 in Toronto.

Conversely, $75,000 in Toronto equals $87,097 in Denton.

Living in Denton vs Toronto

Housing Costs

Denton's housing index of 126 is lower Toronto's 132, translating to median home prices of $385,000 vs $615,000. The $230,000 difference in home prices means roughly $14,952 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,425/mo in Denton compared to $1,825/mo in Toronto, a monthly difference of $400.

Grocery & Food Costs

Grocery expenses index at 98 in Denton and 88 in Toronto. A household spending the national average of $475/month on groceries would pay approximately $466/month in Denton vs $418/month in Toronto. Toronto offers a meaningful advantage on everyday food costs, saving roughly $576/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 90 in Denton and 85 in Toronto. Monthly utility bills average approximately $360 in Denton vs $340 in Toronto. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 81 in Denton and 72 in Toronto. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $73,700 in Denton and $55,000 in Toronto. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $68,241 and $59,140 respectively. Denton residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,720/month to housing in Denton vs $1,283/month in Toronto. In Denton, median rent of $1,425/mo fits within this budget. In Toronto, median rent of $1,825/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Transportation, where the gap is 11 index points — focus your budget analysis there.

Frequently Asked Questions

Toronto is 16.1% more affordable overall with an index of 93 vs 108.
A $75,000 salary in Denton has equivalent purchasing power to approximately $64,583 in Toronto, based on the cost of living difference.
Denton's housing index is 126 with median homes at $385,000, while Toronto's is 132 with median homes at $615,000.

Moving & Relocation Resources

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