Data last updated: August 2026

Toronto, CanadaLyon, France

You would need around 23.8% less money in Lyon, France to maintain the same standard of living you have in Toronto, Canada.

Overall Cost of Living

23.8%

Lyon, France is cheaper than Toronto, Canada

1-Bed Rent (City Center)

City A1,642 USD
City B977 USD
Difference-40.5%

Groceries (Monthly)

City A213 USD
City B315 USD
Difference+47.9%

Average Net Salary

City A3,507 USD
City B3,246 USD
Difference-7.4%

Editorial Insight: Planning a move from Toronto, Canada to Lyon, France? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Lyon, France is 23.8% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Lyon, France's center costs around 977 USD, which is a staggering 40.5% less than in Toronto, Canada. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

Pro Tip:Since you'll be managing money across borders and currencies, we highly recommend setting up a borderless account like Wise (formerly TransferWise) before you move to avoid heavy bank exchange fees.Check out Wise

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Toronto, Canada and Lyon, France is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Lyon, France to maintain your current lifestyle in Toronto, Canada.

USD

You need in Lyon, France

2,673 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Toronto, Canada to Lyon, France and investing the 24% cost of living difference, you could reach FIRE 3.6 years earlier.

Budget Simulator

Instantly adapt your Toronto, Canada budget to local Lyon, France prices. We automatically adjust housing, groceries, and leisure categories.

Housing977 USD
Groceries315 USD
Utilities & Internet264 USD

Investment Planner

You save 665 USD every month on rent alone by moving to Lyon, France.

Investing this rent difference in an S&P 500 index fund could grow to ~111,720 USD in 10 years.