Can a Medical Lab Scientist afford to live in Toronto?
Excellent47% of take-home left to save โ you can save aggressively here.
Median salary (gross)
Medical Lab Scientist ยท Toronto
$67,230
Income tax (~25% effective)
Canada
โ $16,721
Take-home pay
$4,209/mo
$50,509
Living costs (1 person)
$2,212/mo ยท curated
โ $26,544
Savings potential
$1,997/mo ยท 47% of take-home
$23,965
Single professional, after-tax. Salary โ tax โ living costs = what you could save each year.
Monthly cost breakdown ยท Toronto
Rent (1-bed)$1,387
Groceries$292
Dining out$219
Transport$102
Utilities$80
Entertainment$131
Universal healthcare. Rent surged post-2022 but still below NYC/SF.
How we calculated this
โข Salary: OECD 2024 median for Medical Lab Scientist, adjusted for Toronto.
โข Tax: Canada single-filer effective rate (~25%). Official calculator.
โข Living costs: hand-curated local budget for a single professional.
Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.