Toronto is now the 47th most expensive city in the world, up from 82nd place last year.
I have no idea what that means in real numbers, but I can tell you that it feels like Toronto is a giant financial vice grip that tightens by about 35 turns of the screw every year.
A few places in the world that are less expensive to live in than TO, and which still don’t suck:
- PRAGUE
- VANCOUVER
- MOST OF SPAIN
- A LARGE CHUNK OF GERMANY
- ATHENS
- LUXEMBOURG
- GLASGOW
- HONOLULU
- MELBOURNE
- MONTREAL
- SEATTLE
And that’s just the cities I could list before I got bored of reading the list.
Spain? Really? I hear the only way to afford real estate there is to inherit it. Luxembourg? It has “luxe” in it. Seattle? Geez.
I don’t know what to think exactly, but TO is definitely getting more expensive and there are at least half a dozen cities on that list that I’d rather live in anyway.

Befriend: