Toronto Life

Cost of Living What Torontonia­ns make and how they spend it

What Torontonia­ns make and how they spend it

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RegulaR expenses

Rent $1,530 a month. SavingS $1,500 a month. “I want to buy a condo downtown and Airbnb it for supplement­ary income,” Jordan says. Cellphone $260 a month, for a plan with 40 gigs of data, which Jordan uses for work. gRoCeRieS $350 a month. Dining out $625 a month, for dinners at Joey, Copacabana and the Mandarin. CReDit CaRD paymentS $120 a month, on $5,000 in debt that Tricia racked up before taking up plumbing. Dental CaRe $244 a month, for Tricia’s braces. “I’ve wanted to fix my teeth since I was a little girl,” she says. CaR inSuRanCe $285 a month, for a 2014 Ram 1500 and a 2015 Nissan Sentra. BuSineSS inSuRanCe $540 a year. BookS $100 a month. “The last book I bought was called The Millionair­e Real Estate Investor, by Gary Keller,” Jordan says.

Recent spluRges

BitCoin anD etheReum $500. “One Bitcoin was worth $3,473 when I bought it,” says Jordan. “So $500 got me 14 per cent of a Bitcoin and one and a half Ethereum coins.” makeup $90, for Tricia’s Make Up For Ever foundation and MAC liquid concealers. vaCation $3,300, for a trip to Cuba, where they stayed at the Iberostar Playa Pilar. “We swam with dolphins and sailed on a catamaran,” says Tricia. BaCheloR paRty $2,900, for Jordan’s best friend in Las Vegas. “I wanted to shoot guns and visit the Grand Canyon,” he says. “But the guys just wanted to go clubbing.”

“i want to buy a condo downtown and airbnb it”

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