The annual Mercer's cost of living survey published in the UK, ranked Toronto the 2nd most expensive city to live in North America.
I have a friend of mine who always maintained that Toronto is ridiculously overpriced, but I never took this seriously. Obviously he was right
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I don't understand why is Toronto so expensive though - the weather is terrible, taxes are high, real estate is overpriced, the city doesn't have enough highways for the high number of cars on the road,...