Cost of Living in Toronto, SD

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

72.3

100 = national avg

-27.7 vs national average

Living Wage (1 Adult)

$31,810

per year

Living Wage (Family of 4)

$75,188

per year

Cost Index by Category

Housing
46.6
Food
91.1
Transportation
82.2
Healthcare
92.9
Utilities
84.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$708

per month

2 Bedroom

$929

per month

The overall cost of living index in Toronto is 72.3, which is 27.7% below the national average. Housing costs are below the national average at an index of 46.6. A single adult needs to earn approximately $31,810 per year to cover basic expenses.