A bachelor apartment will approximately cost $1,387 and $1,723 for a 1 bedroom apartment in Toronto based on statistics by the Toronto Real Estate Board performed in December 2015.

I've done some research to compare these prices to different cities from around the world, to see what kind of accommodations you can get for the average cost of rent in Toronto:

1. NYC // New York, USA. 

310 West 20th Street #D7

Features: single room, kitchen, communal bathroom.

Cost: $1,600 (USD)

2. Paris // France

Butte-Montmartre

Features: 1 bedroom, 1 bathroom, terrace, furnished.

Cost: 980 Euros (1440 CAD)

3. London // England

Kennington Park Place SE11

Features: unfurnished studio, shower, kitchen.

Cost: 845 pounds (1500 CAD)

4. Moscow // Russia 

Mayakovskaya, st. Tverskoy-Yamskoy 1-st lane

Features: 3 bedroom, 1 bathroom, furnished, 100 m2.

Cost: 100 000 rubles ( $1500 CAD)

5. Los Angeles // USA 

661 Shatto Pl #202, Los Angeles, CA 90005

Features: single loft, 1 bathroom, 500 sq.ft, unfurnished.

Cost: $1195 (1575 CAD)

6. Berlin // Germany 

Moabit

Features: 2 bedroom, 2 bathroom, furnished.

Cost: 1000 pounds ( 1480 CAD)

7.  Tokyo // Japan 

Hommachi, Shibuya-ku

Features: private guesthouse, 7.29 m².

Cost: 65,000 yen ( 1290 CAD)

8. Bali // Indonesia 

Umalas

Features: 2 bedroom villa, 2 bathroom, furnished, private pool.

Cost: 17.000.000 rupiahs ( 1706 CAD)

9. Sydney // Australia 

Sydney Central Business District

Features: 1 bedroom, 1 bathroom, furnished, indoor pool, gym.

Cost: $ 800 AUS ( 800 CAD)

10. Bangkok // Thailand 

Sukhumvit Soi

Features: 1 bedroom, 1 bathroom.

Cost: 26.000 bahts ( 985 CAD)

11. Rome // Italy

Colle Oppio Park, Coliseum.

Features: 1 bedroom, 1 bathroom,

Cost: 1000 euros ($1500 CAD)