Is Spending 60-70% of Income on Rent Normal in Toronto?

Posted by Alex_256983 • November 2, 2026 • 6 comments

I'm a student living in Toronto and finding myself spending around 60-70% of my income on rent. Is this just the new normal? It feels unsustainable, and I worry about finances every month. How do others cope with such high costs while balancing rent, transit access, and roommate compatibility?