Is Toronto any cheaper to stay? Also, in Vancouver I am targeting to stay in one of the suburbs. I know the difference wont be too much, still putting it out there if that helps.
It depends upon where you want to live. I would probably do a bit of investigating. The GTHA has over 7 million people. Google to see what this area is comprised of. What cities or suburbs names? Then go and google flyers of grocery stores to see what groceries cost, see how much gas is. Go on pad mapper, see what apartments are going for in particular suburbs, or inner city. You can go and compare the costs between Tampa and Vancouver, and Tampa /Toronto.. If you come to Toronto and want to shop at Loblaws, Fortinos then it will be far more expensive then if you shop at No Frills, Food Basics. Do some investigating. If you want to rent inner city, then the price of rent will be far higher then lets say you rent out in Oshawa, Ajax.
If you get a job downtown, and lets say you decide to rent in Georgetown, you gotta factor in either driving (which would be literally insane), or taking the inter suburban trains, which can get extremely expensive. Then you have to look at the weather. Vancouver has a milder climate than Toronto, but foreigners tend to go to extreme exaggerations on how cold it actually gets in Toronto. it is all relative. Comparing salaries, isn't relative quite so much as well if you are forking out a thousand a month to keep up your health insurance, or the thought of getting sick and ending up in a hospital, with a $5000 deductible could put you close to bankruptcy. As well I just looked at a house in Tampa that was for sale for $270000, and yearly taxes were over $7000, so Florida doesn't have any sales tax, fine, but the state has to get there money from somewhere. My place in Toronto is assessed at $450K, taxes are $2100.