City vs city

Toronto vs Vancouver

Toronto is bigger (7,108,874 vs 3,088,036). Vancouver has higher rent for a two-bedroom ($2,364 vs $2,045). Toronto has higher median household income ($97,000 vs $90,000). Vancouver has milder winters, with January averaging (4.1°C vs -6.2°C). Toronto has longer commutes (29.8 min vs 27.3 min).

TorontoVancouver
People
Population (latest est.)7,108,8743,088,036
Growth since 2021+9.8%+11.4%
Median age39.640.8
Immigrants46.6%41.8%
Speak English & French7.4%6.5%
Bachelor's degree or higher (25–64)46.5%43.2%
Money
Median household income$97,000$90,000
Unemployment rate7.5%7.0%
Inflation (CPI, 12 months)+2.1%+3.0%
Housing
Avg. 1-bedroom rent$1,761$1,807
Avg. 2-bedroom rent$2,045$2,364
Rent change, 5 years+24.9%+31.4%
Vacancy rate3.0%3.7%
Median home value$980,000$1,050,000
Homeowners65.1%62.1%
Spend 30%+ on housing30.5%29.8%
Getting around
Average commute29.8 min27.3 min
Take transit15.6%14.9%
Walk or bike5.7%8.2%
Safety
Crime Severity Index55.083.5
Climate
January average-6.2°C4.1°C
July daily high26.8°C22.1°C
Snow per year151 cm38 cm
Precipitation per year895 mm1,189 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
TorontoVancouver

Two-bedroom rent over time

$1,157$1,491$1,825$2,159$2,49320152016201720182019202020212022202320242025
TorontoVancouver