Data last updated: August 2026

Toronto, CanadaTokyo, Japan

You would need around 33.5% less money in Tokyo, Japan to maintain the same standard of living you have in Toronto, Canada.

Overall Cost of Living

33.5%

Tokyo, Japan is cheaper than Toronto, Canada

1-Bed Rent (City Center)

City A1,642 USD
City B1,258 USD
Difference-23.4%

Groceries (Monthly)

City A213 USD
City B69 USD
Difference-67.6%

Average Net Salary

City A3,507 USD
City B2,436 USD
Difference-30.5%

Editorial Insight: Planning a move from Toronto, Canada to Tokyo, Japan? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Tokyo, Japan is 33.5% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Tokyo, Japan's center costs around 1,258 USD, which is a staggering 23.4% 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:To securely access your home banking and streaming services while living abroad, grab a reliable VPN like NordVPN before relocating.Check out NordVPN

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Toronto, Canada and Tokyo, Japan 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 Tokyo, Japan to maintain your current lifestyle in Toronto, Canada.

USD

You need in Tokyo, Japan

2,331 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 Tokyo, Japan and investing the 34% cost of living difference, you could reach FIRE 5.0 years earlier.

Budget Simulator

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

Housing1258 USD
Groceries69 USD
Utilities & Internet31 USD

Investment Planner

You save 384 USD every month on rent alone by moving to Tokyo, Japan.

Investing this rent difference in an S&P 500 index fund could grow to ~64,512 USD in 10 years.