Toronto Life

| Cost of Living What Torontonia­ns make and how they spend it

What Torontonia­ns make and how they spend it

-

RegulaR expenses

mortgage $1,800 a month. Condo maintenanC­e fees $400 a month. ProPerty taxes $200 a month. Phone and internet $125 a month. groCeries $350 a month. eating out $175 a month. transPorta­tion $235 a month. “I use a mix of TTC, GO Transit, Uber and Lyft. It’s a lot cheaper than having a car.” real estate fees $500 a month, for brokerage fees and Ontario and Canadaian Real Estate Associatio­n membership­s. Credit Card Payments $600 a month. “I pay for everything with my credit card to rack up points. Over the holidays, I used points to fly to England.” dogs $20 a month, for her two Yorkshire terriers, Mooshi and Fancy. subsCriPti­ons $50 a month, for Netflix, Apple Music, Architectu­ral Digest, Azure Magazine and Pooch Patch, a balcony-grasspatch delivery service. Course fees $1,000 a semester. “I’ve always been interested in interior design, so I decided to enrol in the program at Ryerson.”

Recent spluRges

renovation­s $1,800. “I help flip houses on the side and ran into some last-minute costs on my current project.” fitbit $219, as a gift for her mom. Clothing $328, for a sweater from Anthropolo­gie and a new pair of Levi’s. bridesmaid dress $400, for her friend’s wedding next year. night out $350, for dinner at the Keg and VIP Cineplex tickets with her sister.

“i use my credit card for everything to rack up points”

 ??  ??

Newspapers in English

Newspapers from Canada