City Comparison

Frisco vs Toronto

Cost of Living Comparison · 2026

Frisco

Texas
115
Above Average
$500,000
Median Home
$1,900/mo
Median Rent
$126,048
Median Income

Toronto

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

The Verdict

23.7%

Toronto is 23.7% less expensive than Frisco overall. A household earning $75,000 in Frisco would need approximately $60,652 in Toronto to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
142
Frisco
132
Toronto
Groceries
99
Frisco
88
Toronto
Utilities
99
Frisco
85
Toronto
Transportation
106
Frisco
98
Toronto
Healthcare
100
Frisco
72
Toronto

Salary Equivalence

A $75,000 salary in Frisco has the same purchasing power as $60,652 in Toronto.

Conversely, $75,000 in Toronto equals $92,742 in Frisco.

Living in Frisco vs Toronto

Housing Costs

Frisco's housing index of 142 is higher Toronto's 132, translating to median home prices of $500,000 vs $615,000. The $115,000 difference in home prices means roughly $7,476 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,900/mo in Frisco compared to $1,825/mo in Toronto, a monthly difference of $75.

Grocery & Food Costs

Grocery expenses index at 99 in Frisco and 88 in Toronto. A household spending the national average of $475/month on groceries would pay approximately $470/month in Frisco vs $418/month in Toronto. Toronto offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Frisco and 85 in Toronto. Monthly utility bills average approximately $396 in Frisco vs $340 in Toronto. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 100 in Frisco and 72 in Toronto. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 28-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $126,048 in Frisco and $55,000 in Toronto. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $109,607 and $59,140 respectively. Frisco residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,941/month to housing in Frisco vs $1,283/month in Toronto. In Frisco, median rent of $1,900/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 Healthcare, where the gap is 28 index points — focus your budget analysis there.

Frequently Asked Questions

Toronto is 23.7% more affordable overall with an index of 93 vs 115.
A $75,000 salary in Frisco has equivalent purchasing power to approximately $60,652 in Toronto, based on the cost of living difference.
Frisco's housing index is 142 with median homes at $500,000, while Toronto's is 132 with median homes at $615,000.

Moving & Relocation Resources

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