City vs city

Toronto vs London

Toronto is bigger (7,108,874 vs 633,002). Toronto has higher rent for a two-bedroom ($2,045 vs $1,645). Toronto has higher median household income ($97,000 vs $79,500). London has milder winters, with January averaging (-4.7°C vs -6.2°C). Toronto has longer commutes (29.8 min vs 20.8 min).

TorontoLondon
People
Population (latest est.)7,108,874633,002
Growth since 2021+9.8%+11.5%
Median age39.640.0
Immigrants46.6%21.6%
Speak English & French7.4%6.6%
Bachelor's degree or higher (25–64)46.5%32.1%
Money
Median household income$97,000$79,500
Unemployment rate7.5%9.1%
Inflation (CPI, 12 months)+2.1%—
Housing
Avg. 1-bedroom rent$1,761$1,371
Avg. 2-bedroom rent$2,045$1,645
Rent change, 5 years+24.9%+35.3%
Vacancy rate3.0%3.9%
Median home value$980,000$548,000
Homeowners65.1%62.6%
Spend 30%+ on housing30.5%22.3%
Getting around
Average commute29.8 min20.8 min
Take transit15.6%4.9%
Walk or bike5.7%5.2%
Safety
Crime Severity Index55.066.0
Climate
January average-6.2°C-4.7°C
July daily high26.8°C26.9°C
Snow per year151 cm119 cm
Precipitation per year895 mm993 mm

Green marks the generally more favourable value where one exists. Census figures are from 2021; rent, jobs, prices and population are the latest releases.

Average temperature by month

-10°-1°8°16°25°JanMarMayJulSep
TorontoLondon

Two-bedroom rent over time

$829$1,165$1,502$1,839$2,17520152016201720182019202020212022202320242025
TorontoLondon