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Toronto named world's best city to live: Economist magazine

Toronto skyline

If you ask any Torontonian, they’ll probably already tell you they live in the best city in North America but thanks to a series of ego-inflating studies by The Economist, now there’s some validation.

The city was named the best overall place to live, after scoring highly on the U.K.-based magazine’s business environment, democracy, and food security, safety, livability and cost of living indices.

“Deciding where to live is a personal choice for many city residents,” acknowledges the Economist’s Intelligence Unit in the report. “The average rankings for the 25 best-performing cities are set out below – Toronto in Canada is a consistent performer across the five other indexes, putting it top overall.”

Montreal, the only other Canadian city on the list, clinched second in the shortlist of 25 cities.