Ontario · Rent survey October 2025

Cost of living in Toronto

In October 2025, the average two-bedroom rent in Toronto was $2,045 a month, +3.7% in a year and +24.9% in five. At the Ontario average wage that is just over 54 hours of work a month.

2-bedroom rent$2,045
Hours of work54 h
Vacancy rate3.0%
People per new homepop. fell

Rent

Rent in Toronto

October 2025 · average rent of occupied units

Average monthly rent by unit size and hours of work at the provincial average wage, Toronto, October 2025
UnitAverage rentHours of work
Bachelor$1,49140 h
1 bedroom$1,76147 h
2 bedrooms$2,04554 h
3 bedrooms$2,29461 h
2-bedroom, October 2015
$1,286 · 49 h
2-bedroom, October 2025
$2,045 · 54 h
Average two-bedroom rent in Toronto, October of each year
Show the data as a table
Average two-bedroom rent in Toronto, October of each year
Month2-bedroom rent
October 2015$1,286
October 2016$1,326
October 2017$1,403
October 2018$1,468
October 2019$1,563
October 2020$1,637
October 2021$1,680
October 2022$1,779
October 2023$1,958
October 2024$1,972
October 2025$2,045

Hours of work use the Ontario average hourly wage for each year ($37.71 in 2025), before tax; city wages are not published. Average rents include long-time tenants; rents asked for vacant units are usually higher.

Latest data: 2025Sources

Source: Canada Mortgage and Housing Corporation data via Statistics Canada, Table 34-10-0133-01, Table 34-10-0127-01; Statistics Canada, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 34-10-0133-01, Table 34-10-0127-01, Table 14-10-0063-01, 2025. This does not constitute an endorsement by Statistics Canada of this product. Data produced by Canada Mortgage and Housing Corporation.

Housing supply

New homes vs population growth

July 2024 to July 2025

Population (2025)
7,108,874
Population change
-992
Completed homes
35,648
Completions per 1,000
5.0
Starts, 12 months to Aug 2026
25,593

The population fell while homes were still being built. Population is the census metropolitan area estimate for July 1; completions are counted over the same twelve months.

Latest data: 2025Sources

Source: Statistics Canada, Table 17-10-0148-01; Canada Mortgage and Housing Corporation data via Statistics Canada, Table 34-10-0154-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 17-10-0148-01, Table 34-10-0154-01, 2025. This does not constitute an endorsement by Statistics Canada of this product. Data produced by Canada Mortgage and Housing Corporation.

Gasoline

Gas in Toronto

August 2026

Regular, per litre
170.3¢
12-month change
+25.2%
50 L fill-up
$85.15
Work time
2 h 15 min
Latest data: August 2026Sources

Source: Statistics Canada, Table 18-10-0001-01, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 18-10-0001-01, Table 14-10-0063-01, August 2026. This does not constitute an endorsement by Statistics Canada of this product.

Crime

Is crime rising in Toronto?

Crime Severity Index, 2025

Crime Severity Index
55.0
Violent
71.6
Non-violent
48.8
1-year change
−7.5%
10-year change
+19.1%
Crime Severity Index, Toronto and Canada, 1998 to 2025
  • Toronto55.0
  • Canada75.0
Show the data as a table
Crime Severity Index, Toronto, each year
MonthTorontoCanada
January 199891.8118.8
January 199981.9111.2
January 200079.1106.7
January 200180.0105.3
January 200278.5104.1
January 200377.0106.8
January 200472.3104.1
January 200572.0101.3
January 200673.2100.0
January 200770.795.3
January 200867.090.6
January 200964.387.8
January 201060.382.9
January 201156.177.6
January 201252.775.5
January 201347.168.9
January 201445.166.9
January 201546.270.4
January 201648.072.0
January 201750.073.6
January 201853.975.6
January 201954.579.7
January 202046.673.9
January 202145.974.9
January 202252.878.7
January 202359.081.3
January 202459.478.8
January 202555.075.0

The Crime Severity Index weighs police-reported crimes by how serious they are, so a few serious crimes count more than many minor ones; Canada in 2006 = 100. City figures cover the police services of the census metropolitan area. Year-to-year moves can be noisy; the long trend is more meaningful.

Latest data: 2025Sources

Source: Statistics Canada, Table 35-10-0026-01Updated by CostWatch: September 27, 2026Adapted from Statistics Canada, Crime severity index and weighted clearance rates, Canada, provinces, territories and Census Metropolitan Areas, 2025. This does not constitute an endorsement by Statistics Canada of this product.

Crime across Canada