Known for its diverse culture, endless entertainment, and amazing international cuisine, there’s a lot to love about living in the Six! In 2018, Toronto was placed in the world’s top ten “most livable cities” by The Economist and was even rated the 5th best place in the world for millennials. If you’re wondering whether to move to Toronto or live in the burbs, here’s a list of the pros and cons of both so you can decide what move is right for you.
The Pros of Living in the Six
Toronto is one of the most diverse cities in the world with every type of food, music, people, and attractions imaginable! No matter what your culture or heritage is, you’re sure to find a piece of in The Six. For young professionals hoping to start or advance in their career, Toronto is home to a thriving business and entrepreneurial scene and is recognized as the #4 tech talent market in North America. There’s also no excuse for boredom in Toronto with art, theater, museums, and major league sports just moments away and year-round exhibitions like the world-class Distillery District Christmas Market, the CNE, and Pride Festival!
The Cons of Living in the Six
Living in a big city like Toronto isn’t for everyone. Noise pollution, lack of green space, and the constant hustle and bustle can be a huge downside. While the cost of living in Toronto is 75 percent lower than in New York City, it is still more expensive than other Canadian cities. Toronto has the highest median rental prices in Canada and utilities can cost upwards of $155. Toronto also has very hot summers and cold winters with quite a bit of snow. If you’re someone who doesn’t mind a range of seasons or wearing a heavy parka for 8 months of the year, Toronto may be the perfect place for you to settle!
The Pros of Living a Suburban Life
If you yearn for a quieter, slower-paced lifestyle, GTA suburbs have much to offer. Houses are typically larger and more affordable in the suburbs, giving you more bang for your buck. Larger square footage also opens up doors for a lifestyle homeowners in the city could only dream of—think backyard pool, spare guest room, garden, or office space! Living outside the city is also great if you plan to start a family as there are more green spaces such as trails and parks and the school systems are often better.
The Cons of Living a Suburban Life
While the cost of living is less in the suburbs, your savings may be off-set by the cost of gas or public transit needed to commute one, two, or more hours to get downtown to work. Not to mention the emotional toll—a 2 hour commute can turn a normal 9-5 into a 12 work day, infringing on both your social life, sleep, and overall well-being. If you prefer a more walkable lifestyle or can’t stand being stuck in traffic for hours on end (Did you Know Toronto has the longest commutes in Canada?), you may want to consider if living outside the city is worth the savings in household expenses.
Do you prefer to live in the city, or the suburbs? Whatever your preference, I’m happy to find a neighbourhood and community that suits your needs. Contact me today: firstname.lastname@example.org | 416-903-7653