City Budget Comparison

Can You Live on $1,500/month?

Tokyo vs Toronto — Budget Breakdown

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026

Feasibility

Tokyo

Tight Budget

COL+Rent: 41.5 (NYC=100)

$1,500/mo barely covers basics in Tokyo.

Toronto

Likely Insufficient

COL+Rent: 60.6 (NYC=100)

$1,500/mo may not cover basic costs in Toronto.

Budget Breakdown

CategoryTokyoTorontoDiff
Rent (avg 1BR)$725$923$198
Groceries$316$194+$122
Dining Out$107$125$18
Transportation$63$44+$19
Utilities$180$76+$104
Other / Misc$109$138$29
Total$1,500$1,500

Purchasing Power

Tokyo

$1,500

per month

Toronto equivalent

$2,190

per month

You'd need $2,190/mo in Toronto to match $1,500/mo in Tokyo.

Other Budget Levels

FAQ

Can I live in Tokyo on $1,500/month?
Living in Tokyo on $1,500/mo is rated "Tight Budget". Budget allocates ~$725 to rent, $316 to groceries, $107 to dining.
Can I live in Toronto on $1,500/month?
In Toronto, $1,500/mo is rated "Likely Insufficient". Allocations: $923 rent, $194 groceries, $125 dining.
Is Tokyo or Toronto cheaper?
Tokyo is generally cheaper. COL+Rent: Tokyo 41.5 vs Toronto 60.6 (NYC=100).
What is $1,500/mo in Tokyo worth in Toronto?
$1,500/mo of purchasing power in Tokyo equals ~$2,190/mo in Toronto using COL adjustment.

Explore More