| 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”