City comparison
Melbourne vs Toronto
Toronto scores higher on salary; Melbourne has a lower cost of living. Compare Melbourne and Toronto on earnings, rent pressure, career opportunity, and 3-year financial impact.
Overall verdict
Melbourne scores higher overall
Toronto is a mixed trade-off compared to your current city
How they compare
If you want to save more
MelbourneOverall fitToronto
52 / 53+1 Toronto
MelbourneSavingsToronto
45 / 46+1 Toronto
MelbourneCareerToronto
63 / 69+6 Toronto
MelbourneLow pressureToronto
64 / 59+5 Melbourne
If you want career growth
MelbourneOverall fitToronto
60 / 62+2 Toronto
MelbourneSavingsToronto
45 / 46+1 Toronto
MelbourneCareerToronto
63 / 69+6 Toronto
MelbourneLow pressureToronto
64 / 59+5 Melbourne
If you want better balance
MelbourneOverall fitToronto
66 / 64+2 Melbourne
MelbourneSavingsToronto
45 / 46+1 Toronto
MelbourneCareerToronto
63 / 69+6 Toronto
MelbourneLow pressureToronto
64 / 59+5 Melbourne
Financial impact: moving from Melbourne to Toronto
Based on a representative $80,000 USD salary. Not tax-adjusted.
+$189
Monthly
+$2,268
1 year
+$6,804
3 years
Moving from Melbourne to Toronto: trade-offs
You gain
+Toronto is broadly similar to your current city across all dimensions
Melbourne
AUSalary index
58
Cost index
64
Rent pressure
36
Opportunity
66
Get a personalised verdict for your salary
The comparison above uses a representative salary. Enter yours for an accurate picture.
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Also see: Toronto vs Melbourne →