Is Toronto just too damn expensive?
No, you're not the only person who's sick of watching your rent swallow an entire paycheck whole every month. According to a new poll by Ipsos, 38% of Torontonians agree or strongly agree with the statement that they're "thinking of leaving Toronto because it's too expensive to live here," and 90% of people believe it's becoming tougher for average people to eke out a living in the city.
Interestingly, the poll, commissioned by Global News, shows residents of (relatively wallet-friendly) Scarborough are the most likely to want to get out of town (48%). That's followed by those in Etobicoke (41%), York/East York (40%), North York (32%) and the old City of Toronto (31%).
But there is a silver lining to life in one of the world's most expensive cities: Three-quarters of folks agree, either strongly or mildly, that "even though Toronto is pricey to live in, it's worth it." The folks most likely to feel that way are downtown Toronto residents (83%), followed by Etobicoke (74%), North York (73%), York/East York (71%) and, finally, Scarborough (68%). Man, Scarborough, are you guys OK?
Photo by Robert Ong via the blogTO Flickr pool.
Join the conversation Load comments