How much does it cost to live in Toronto

Average cost of accommodation in Toronto hotels of different categories and cheap hostels. Find out the prices and decide where to stay.

Housing Prices in Toronto

The cost of accommodation in Toronto varies depending on the level of comfort and service. For instance, a stay at a five-star hotel like The Hazelton Hotel, Shangri-La Hotel Toronto, or Trump International Hotel & Tower Toronto typically averages around 400 CAD per night for a room accommodating two people. Four-star hotels may offer slightly lower rates.

Rooms at hotels like The Omni King Edward Hotel, Le Germain Hotel Maple Leaf Square, Soho Metropolitan Hotel, and Le Germain Hotel Toronto typically cost an average of 250 CAD per night. For budget-conscious travelers, three-star hotels in Toronto offer accommodation at an average rate of around 150 CAD per night.

If you're looking for even more budget-friendly options, hostels and guesthouses in Toronto like All Days Hostel and Hi-Toronto Hostel offer rooms for around 40 CAD per night. You can find inexpensive accommodation at one-star hotels in Toronto, with room rates averaging 40 CAD.


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