City comparison · Rent & affordability
Singapore vs Toronto: rent and cost of living
You can't compare Singapore and Toronto rent in the same currency — but you can compare what share of income renters actually spend. In Singapore, the median renter spends 26% of income on rent; in Toronto, it's 35%. That 9-point gap is a cleaner measure of financial pressure than raw rent amounts.
Singapore
Confidence: medium
Toronto
Confidence: medium
What renters actually spend (% of income)
Singapore
Toronto
These are what renters actually pay — not recommended targets.
Salary needed for median rent (30% rule)
Affordability verdict
Singapore is noticeably easier on the wallet. The median renter spends 26% of income on rent there, versus 35% in Toronto — a 9-point gap that compounds over time. Even high earners (top 25% of renters) feel the gap: they spend 18% of income on rent in Singapore vs 26% in Toronto.
Frequently asked questions
Is Singapore cheaper than Toronto to rent in?
Yes — Singapore is more affordable relative to local incomes. The median renter in Singapore spends 26% of gross income on rent, versus 35% in Toronto.
What salary do you need to rent in Singapore vs Toronto?
To comfortably afford median rent at the 30% rule, you need S$152,000/year in Singapore and CA$96,000/year in Toronto.
What is the average rent in Singapore compared to Toronto?
Median 1-bedroom rent is S$3,800/month in Singapore and CA$2,400/month in Toronto. Budget options (bottom 10%) start at S$2,400 and CA$1,500 respectively.
Explore Singapore in detail
Explore Toronto in detail