Is Toronto worth living in anymore?

Whether Toronto is worth living in depends mostly on your income, career goals, and the kind of lifestyle you want.

Short answer: for many people, yes — but it’s much less compelling than it used to be if you’re hoping to buy property on an average salary or want lots of disposable income.

Why it can still be worth it

• Jobs and career growth: Toronto has a large job market with many employers across finance, tech, healthcare, media, and corporate roles.
• Big-city amenities: You get a major city with concerts, sports, transit that is relatively useful compared with some other Canadian cities, and a wide range of services and amenities.
• Diverse food and neighbourhoods: The city is known for its wide mix of cultures, cuisines, and neighbourhoods.
• Nature access: The waterfront, parks, and ravine system give you access to green space even in a dense city.

Why it may not be worth it

• Housing is very expensive: This is usually the biggest reason people feel squeezed. Buying in the core is out of reach for many people, and rent can take a large share of income.
• Daily costs are high: Groceries, dining out, parking, and entertainment can add up quickly.
• Traffic and construction are frustrating: Congestion and construction are major quality-of-life issues, though how bad they feel depends on where you live and work.

Bottom line

Toronto is worth it if you can benefit from the job market, value city life, and can handle high housing costs.

Toronto is not worth it if your main goal is affordable homeownership, lots of space, or a lower-cost lifestyle with more breathing room.