Disclosed is a method of manufacturing toner comprising the steps of adding oil-droplets containing a radically polymerizable monomer into an associated particle dispersion formed by association-fusing resin particles and colorant particles, and forming a shell by coating a resin produced via polymerization on a surface of the associated particle by polymerizing the radically polymerizable monomer in the associated particle dispersion, wherein a hydrophilicity degree of the resin contained in the shell is larger than a hydrophilicity degree of a resin contained in the associated particle.