SpendVerdict

City comparison · Rent & affordability

Sydney vs Toronto: rent and cost of living

You can't compare Sydney and Toronto rent in the same currency — but you can compare what share of income renters actually spend. In Sydney, the median renter spends 35% of income on rent; in Toronto, it's 35%. That 0-point gap is a cleaner measure of financial pressure than raw rent amounts.

Sydney

BudgetA$1,800
MedianA$2,900
PremiumA$4,800

Confidence: medium

Toronto

BudgetCA$1,500
MedianCA$2,400
PremiumCA$3,800

Confidence: medium

What renters actually spend (% of income)

Sydney

P25 renter25%
Median35%
P75 renter47%

Toronto

P25 renter26%
Median35%
P75 renter46%

These are what renters actually pay — not recommended targets.

Salary needed for median rent (30% rule)

SydneyA$116,000/yr
TorontoCA$96,000/yr

Affordability verdict

Sydney and Toronto are equally demanding on renters' budgets — the median renter in both cities spends 35% of gross income on rent. The choice between them comes down to which city better matches your career, lifestyle preferences, and tolerance for the local housing market.

Check your affordability in Sydney →Or check Toronto

Frequently asked questions

Is Sydney cheaper than Toronto to rent in?

They are roughly equal. Renters in both cities spend around 35% of gross income on housing.

What salary do you need to rent in Sydney vs Toronto?

To comfortably afford median rent at the 30% rule, you need A$116,000/year in Sydney and CA$96,000/year in Toronto.

What is the average rent in Sydney compared to Toronto?

Median 1-bedroom rent is A$2,900/month in Sydney and CA$2,400/month in Toronto. Budget options (bottom 10%) start at A$1,800 and CA$1,500 respectively.

Explore Sydney in detail

Cost of living guide: SydneyCan I afford A$2,250 rent in Sydney?

Explore Toronto in detail

Cost of living guide: TorontoCan I afford CA$2,000 rent in Toronto?

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Toronto vs VancouverToronto vs New YorkSydney vs MelbourneNew York vs Sydney