HomePricePeek

San Jose vs Toronto

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: San Jose vs Toronto

Toronto is 50% more affordable for homebuyers. San Jose has a price-to-income ratio of 11.5x compared to 10.2x in Toronto.

MetricSan JoseToronto
Avg Home Price$1,350,000$680,000
Price / sqm$14,500$8,500
Rent (1BR)$3,000/mo$2,200/mo
Rent (3BR)$4,500/mo$3,500/mo
Price-to-Income11.5x10.2x
Mortgage Rate6.8%5.2%
1yr Change-0.5%-2.1%
Median Income$117,000/yr$67,000/yr
Population1,000,0002,900,000
San JoseView full details โ†’TorontoView full details โ†’
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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.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is San Jose or Toronto more expensive?
Toronto is more affordable. Home prices differ by $670,000 (50%).
Which city has cheaper rent, San Jose or Toronto?
Rent for a 1BR in San Jose is $3,000/mo vs $2,200/mo in Toronto.

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