10 Most Expensive Cities to Live in Canada

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2. Toronto

Household expenditure: 83,847; Rank: 4

House price: 641,617; Rank: 2

Average rank: 3

Toronto, Ontario’s capital and most populous city in Canada, has 2,615,060 residents. UBS survey places Toronto among top-20 cities by domestic purchasing power, wage levels, and price levels. This is also second most expensive city in Canada to buy a house. Average real estate price is $641,617 and according to Moneysense, it takes 6.5 years on average to become the owner of property in Toronto. Finally, median household income is $59,646.

10 Most Expensive Cities to Live in Canada

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