Toronto vs Venice
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Toronto vs Venice
Venice is 38% more affordable for homebuyers. Toronto has a price-to-income ratio of 10.2x compared to 11.5x in Venice.
| Metric | Toronto | Venice |
|---|---|---|
| Avg Home Price | $680,000 | $420,000 |
| Price / sqm | $8,500 | $5,500 |
| Rent (1BR) | $2,200/mo | $900/mo |
| Rent (3BR) | $3,500/mo | $1,500/mo |
| Price-to-Income | 10.2x | 11.5x |
| Mortgage Rate | 5.2% | 3.8% |
| 1yr Change | -2.1% | +1.8% |
| Median Income | $67,000/yr | $37,000/yr |
| Population | 2,900,000 | 260,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Toronto or Venice more expensive?
Venice is more affordable. Home prices differ by $260,000 (38%).
Which city has cheaper rent, Toronto or Venice?
Rent for a 1BR in Toronto is $2,200/mo vs $900/mo in Venice.
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