Budget Direct Insurance Money Magazine's Insurer of the Year 2017, 2018, 2019, 2020, and 2021

Money magazine
Insurer of the
Year 2017-21

prices shown in
Toronto vs Melbourne
Tor vs Mel

Average net salary (After tax)

Melbourne
Toronto

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Mel
Tor
Outside city centre
Mel
Tor

Rent 3 bedroom apartment

Cost per month

In city centre
Mel
Tor
Outside city centre
Mel
Tor

Buy apartment

Price per m2

In city centre
Mel
Tor
Outside city centre
Mel
Tor

Mortgage rates

Melbourne
4.5%
Toronto
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Melbourne
Toronto

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Mel
Tor

Mobile phone data

One-minute local prepaid call (no plan or discount)

Mel
Tor

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Mel
Tor

Monthly pass

Regular price

Mel
Tor

Fuel prices

Per Litre

Melbourne
Toronto

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Mel
Tor
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Mel
Tor
White bread 500g
Mel
Tor
Eggs 12
Mel
Tor
White rice 1kg
Mel
Tor

Pack of cigarettes

(Marlboro)

Melbourne
Toronto

Meat & cheese

Chicken breasts 1kg
Mel
Tor
Beef round 1kg
Mel
Tor
Local cheese 1kg
Mel
Tor

Vegetables

Potatoes 1kg
Mel
Tor
Lettuce 1 head
Mel
Tor
Tomatoes 1kg
Mel
Tor

Fruit

Apples 1kg
Mel
Tor
Oranges 1 head
Mel
Tor
Bananas 1kg
Mel
Tor

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Mel $4,070.74/mth
Tor $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Mel $4,070.74/mth
Tor $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Melbourne
4.5%
Toronto
5.5%

Restaurant Prices in Melbourne are 17.14% higher than in Toronto

Drinks

Coke/Pepsi 0.33L
bottle
Mel $4,070.74/mth
Tor $4,070.74/mth
Water 0.33L
bottle
Mel $4,070.74/mth
Tor $4,070.74/mth
Cappuccino regular
Mel $4,070.74/mth
Tor $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Mel
Tor
Market 0.5L bottle
Mel
Tor

Imported beer

Restaurant 0.33L bottle
Mel
Tor
Market 0.33L bottle
Mel
Tor

Bottle of wine

Mid-range, from supermarket

Melbourne
5
Toronto

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Mel
Tor

Summer dress

From a chain store (e.g. Zara, H&M)

Mel
Tor

Shoes

1 pair Nike shoes
Mel
Tor
1 pair men's leather shoes
Mel
Tor

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Melbourne
$15.33
Toronto
$11.43

Tennis court rental

One hour on weekend

Mel $4,070.74/mth
Tor $4,070.74/mth

Fitness club

Monthly fee for one adult

Mel $4,070.74/mth
Tor $4,070.74/mth