Kandice VincentWhich is More Expensive, Paris or Toronto?
Whether you’re planning for a holiday or looking for the perfect city for a fresh start, Toronto and Paris are two very popular choices.
But if you’re unsure if the charming streets of Toronto call out to you or if you’re made for the romantic vibes of Paris, we got you covered.
If you’re looking for a fast-paced, cultured, and romantic city, then Paris is a great fit. But, if you prefer a more relaxed, affordable, and diverse city, then Toronto is the best city for you.
What made us say that? The discussions below are some comparisons that led us to that conclusion:
Which is More Expensive, Paris or Toronto?
Cost of Living in Paris vs. Toronto
The cost of living in Toronto is 12.12% more expensive than in Paris. The average monthly living cost in Toronto is $2,460 while it’s $2,194 in Paris.
This estimate takes into account housing, utilities, transportation, and childcare costs.
The table below shows statistics from LivingCost.org:
Because both Paris and Toronto are urban centres, it’s no surprise that the average monthly costs of living in both metropolises are expensive. You’ll also see that the difference between them is not very intense, but let’s take a closer look.
In general, housing in Toronto is a nightmare. Due to high demand and limited supply, leasing rates in the city continue to rise over the years.
Utilities are generally more expensive in Paris than in Toronto, except for internet plans. When it comes to transportation fares, the cost of a one-way local transport ticket is about the same for the two cities.
A monthly pass is more expensive in Toronto, though. On top of that, you’ll also save a few bucks for taxi fares and gasoline in Paris.
Paris also beats Toronto in terms of childcare costs.
Overall, Paris is a more affordable city than Toronto if you’re looking to save money.
Real Estate Prices in Paris vs. Toronto
Real estate properties in Toronto are relatively cheaper than in Paris.
The average price of a single-family home in Toronto is 19.8% more affordable than in Paris. Meanwhile, a condo apartment is 18.3% more expensive in Paris.
While buying housing properties is a very expensive move in both cities, choosing Toronto would save you some money.
The table below shows the comparison between the average price of single-family homes in the suburbs and condo apartments in Paris and Toronto.
Paris remains the most expensive housing market among major European cities. In fact, the city ranks as the 4th most expensive real estate city in the world.
Diversity and Demographics in Paris vs. Toronto
Toronto and Paris are both very diverse cities with a wide range of cultures and languages. However, Toronto is more ethnically and linguistically diverse in comparison.
About 54.6% of Torontonians are born in foreign countries, while 49% of Paris’s population is non-native.
In addition, an estimated 49.1% of Toronto’s population spoke a language other than English or French at home compared to 26.4% of Paris’s population.
Paris is a much smaller city compared to Toronto, but the population count in the two cities is not too far from each other. This means that Paris has a higher population density, having an estimated 20,309.12 people per square kilometre.
Moreover, Paris has an older median age and a higher life expectancy at birth than Toronto.
In contrast, Toronto is the most populous city in Canada and the fourth most populous city in North America.
Let’s take a closer look at the two cites’ respective populations’ racial composition. Here are statistics gathered from World Population Review to break it down:
Both Paris and Toronto embrace diversity and offer rich cultural experiences, but their demographic makeup differs due to historical influences and patterns of immigration.
While Paris boasts a mix of European and international influences, Toronto thrives as a multicultural hub with a broad spectrum of ethnicities and languages that contribute to its unique character.
Career Opportunities in Paris vs. Toronto
As of June 2023, Toronto has a lower unemployment rate of 6.1% compared to Paris’ 7.2%. Therefore, Toronto has a more favourable job market.
The average annual salary in Toronto is 20.76% higher than in Paris. While the cost of living in the two cities is similar, it’s still more affordable to live in Toronto than in Paris.
Also, take note that there are more opportunities to save up or invest in a more affordable city with better career opportunities.
Crime and Safety in Paris vs. Toronto
Toronto is generally safer than Paris in terms of violent and property crimes reported. Based on the respective cities’ safety indexes in 2022, Toronto is 10.29% safer than Paris.
Below is a comparison of Paris’s and Toronto’s violent crime rate, property crime rate, and safety index according to the FBI’s Uniform Crime Reporting (UCR) Program in 2022.
Both Paris and Toronto are major metropolitan areas with their own safety concerns and measures. Paris may experience more challenges related to pickpocketing and scams due to its status as a major tourist destination.
Toronto, on the other hand, maintains a relatively lower crime rate compared to many other large cities.
Lifestyle in Paris vs. Toronto
Paris and Toronto cater to diverse lifestyles, each with its own charm. Paris lures in the romantic, the artist, and the connoisseur, while Toronto beckons cultural explorers, ambitious professionals, and nature lovers.
We also analyzed weather, recreational opportunities, and healthcare services in Toronto and Paris to get a better sense of the lifestyle each city has to offer.
Weather in Paris vs. Toronto
Paris experiences a temperate climate with relatively mild temperatures throughout the year. Summers are warm but rarely scorching, making it ideal for those who enjoy comfortable outdoor activities and café culture.
Toronto, on the other hand, embraces the distinct beauty of all four seasons. If you thrive on variety and enjoy activities that change with the weather, Toronto’s climate is more suitable for you.
Paris has a continental climate, and therefore mild. Winters are generally cold but not freezing and the summers can be hot, although only occasionally. Meanwhile, Toronto has a humid continental climate, with hot, humid summers and cold winters.
The average temperature in Toronto in January is 26°F (-3°C), and the average temperature in July is 77°F (25°C), while in Paris, it’s 37°F (3°C) in January and 73°F (23°C) in July.
Thus, Paris is a great city for people who like warm weather, while Toronto is the place to be if you’re fond of the cold.
Things to Do in Paris vs. Toronto
Paris and Toronto offer distinct lifestyles that cater to different preferences and personalities.
Paris is the epitome of romance, making it a haven for those who appreciate the finer things in life.
Its artistic atmosphere, iconic landmarks, and charming streets are a magnet for couples and dreamers seeking inspiration from its rich history and cultural heritage.
If you’re captivated by art, literature, and culture, Paris is the place to be. Museums like the Louvre and neighbourhoods like Montmartre resonate with those who find beauty in artistic expression.
Parisian cuisine is celebrated worldwide. Foodies who cherish every bite of a perfectly crafted croissant or a rich cheese plate will revel in the culinary delights that Paris has to offer.
On the other hand, Toronto’s diverse population reflects in its neighbourhoods, events, and festivals. If you thrive in a melting pot of cultures and enjoy learning about different traditions and backgrounds, you’ll love Toronto’s multicultural environment.
Toronto’s proximity to natural wonders like Lake Ontario and nearby parks also appeals to outdoor enthusiasts. Whether you’re into hiking, biking, or simply lounging by the water, Toronto’s blend of urban living and green spaces is ideal.
Healthcare in Paris vs. Toronto
Paris and Toronto both offer strong healthcare systems, with strong support for their constituents.
Both cities have a universal healthcare system, meaning all their respective citizens have access to basic healthcare services, regardless of their income or employment status.
Paris boasts world-class medical facilities and highly trained healthcare professionals. Its reputation for excellence in medical research and technology attracts patients from around the world.
Meanwhile, Toronto boasts a strong healthcare infrastructure with renowned medical facilities, research institutions, and a well-trained medical workforce.
The city is a hub for cutting-edge medical advancements that are designed to serve its multicultural population, with access to medical professionals who speak various languages and are culturally sensitive.
Paris and Toronto: Which City is Right for You?
Ultimately, the best city for you will depend on your individual needs and wants. Paris and Toronto both have their own unique advantages and disadvantages, so it’s important to carefully consider these factors before making a decision.
Here is a summary of the pros and cons of each city:
