City Comparison

Toronto vs Vienna

Cost of Living Comparison · 2026

Toronto

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

Vienna

Austria
88
Below Average
$395,000
Median Home
$1,275/mo
Median Rent
$48,000
Median Income

The Verdict

5.7%

The cost gap between these cities is 5.7%, with Vienna being the more affordable option. A $75,000 income in Toronto has equivalent purchasing power to $70,968 in Vienna.

Category-by-Category Breakdown

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

Housing
132
Toronto
105
Vienna
Groceries
88
Toronto
85
Vienna
Utilities
85
Toronto
98
Vienna
Transportation
98
Toronto
102
Vienna
Healthcare
72
Toronto
82
Vienna

Salary Equivalence

A $75,000 salary in Toronto has the same purchasing power as $70,968 in Vienna.

Conversely, $75,000 in Vienna equals $79,261 in Toronto.

Living in Toronto vs Vienna

Housing Costs

Toronto's housing index of 132 is higher Vienna's 105, translating to median home prices of $615,000 vs $395,000. The $220,000 difference in home prices means roughly $14,304 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,825/mo in Toronto compared to $1,275/mo in Vienna, a monthly difference of $550.

Grocery & Food Costs

Grocery expenses index at 88 in Toronto and 85 in Vienna. A household spending the national average of $475/month on groceries would pay approximately $418/month in Toronto vs $404/month in Vienna. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 85 in Toronto and 98 in Vienna. Monthly utility bills average approximately $340 in Toronto vs $392 in Vienna. 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 72 in Toronto and 82 in Vienna. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,000 in Toronto and $48,000 in Vienna. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,140 and $54,545 respectively. Toronto residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,283/month to housing in Toronto vs $1,120/month in Vienna. In Toronto, median rent of $1,825/mo exceeds this threshold, suggesting renters may feel stretched. In Vienna, median rent of $1,275/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 27 index points — focus your budget analysis there.

Frequently Asked Questions

Vienna is 5.7% more affordable overall with an index of 88 vs 93.
A $75,000 salary in Toronto has equivalent purchasing power to approximately $70,968 in Vienna, based on the cost of living difference.
Toronto's housing index is 132 with median homes at $615,000, while Vienna's is 105 with median homes at $395,000.

Moving & Relocation Resources

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