Housing costs in Toronto?
A typical home costs
$96,700, which is 71.4% less expensive than the national average of
$338,100 and 63.9% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Toronto costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 11.0% cheaper than the state average of
$910.
Can I afford Toronto?
To live comfortably in Toronto, South Dakota, a minimum annual income of
$18,360 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Toronto?
The cost of living in Toronto, SD is quite reasonable. It is lower than the national and provincial averages, making it an attractive place to live. The average monthly rent for a one-bedroom apartment is around $800, while a three-bedroom apartment averages around $1200. Groceries are also affordable, with prices comparable to other Canadian cities. Taxes can be high for some individuals, but overall they are not excessive when compared to other parts of Canada. The city has a variety of great restaurants and entertainment venues that offer discounts or are free on certain days. All in all, Toronto offers an affordable lifestyle for those who want to make it their home.