Cost of Living Comparison Between Elliot Lake, ON and Toronto Cost of Living Comparison Between Elliot Lake, ON and Toronto

Monthly Cost of Living

Monthly costs for one person with rent: $2,407 in Elliot Lake, ON versus $2,811 in Toronto.

Estimated couple costs with rent: $3,498 in Elliot Lake, ON versus $4,130 in Toronto.

Monthly costs for a family of three with rent: $4,589 in Elliot Lake, ON versus $5,449 in Toronto.

Living in Elliot Lake, ON costs roughly 14% less than in Toronto, driven mainly by Getting Around.

Both cities are pricier than the global median: Elliot Lake, ON 80% above, Toronto 110% above.

Meal at Budget Restaurant

$16.84 CA$23.42

$18.71 CA$26.02

-9.99%

Three-Course Dinner for Two, Mid-Range

$58.7 CA$81.6

$81.9 CA$114

-28.35%

Fast Food Meal (McDonalds, etc)

$9.50 CA$13.22

$10.83 CA$15.06

-12.28%

Cappuccino

$3.58 CA$4.97

$3.89 CA$5.41

-7.97%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.17 CA$3.01

$2.22 CA$3.09

-2.25%

Water (0.33 liter bottle)

$1.79 CA$2.48

$1.65 CA$2.29

8.48%

Local Beer (0.5 liter draught)

$5.42 CA$7.54

$6.05 CA$8.41

-10.41%

Imported Beer (0.33 liter bottle)

$6.61 CA$9.20

$6.58 CA$9.15

0.46%

Milk (1 liter)

$2.01 CA$2.80

$2.73 CA$3.79

-26.37%

White Bread (500g)

$2.05 CA$2.86

$2.72 CA$3.78

-24.63%

Rice (white) (1kg)

$4.91 CA$6.83

$3.54 CA$4.92

38.70%

Eggs

$3.68 CA$5.12

$3.50 CA$4.87

5.14%

Local Cheese (1kg)

$12.86 CA$17.89

$13.53 CA$18.81

-4.95%

Chicken Fillets (1kg)

$15.81 CA$21.98

$13.09 CA$18.20

20.78%

Beef Round Steak (1kg)

$13.19 CA$18.34

$16.96 CA$23.59

-22.23%

Apples (1kg)

$5.45 CA$7.57

$4.16 CA$5.79

31.01%

Banana (1kg)

$1.93 CA$2.69

$1.18 CA$1.64

63.56%

Oranges (1kg)

$3.81 CA$5.30

$3.25 CA$4.52

17.23%

Tomato (1kg)

$4.66 CA$6.48

$4.12 CA$5.73

13.11%

Potato (1kg)

$4.53 CA$6.30

$2.50 CA$3.48

81.20%

Onion (1kg)

$3.18 CA$4.43

$2.88 CA$4.00

10.42%

Lettuce (1 head)

$2.08 CA$2.89

$2.35 CA$3.27

-11.49%

Water (1.5 liter bottle)

$2.87 CA$3.99

$2.00 CA$2.78

43.50%

Cigarettes 20 Pack (Marlboro, Camel)

$14.87 CA$20.68

$14.58 CA$20.28

1.99%

Wine (Bottle)

$12.50 CA$17.38

$14.18 CA$19.71

-11.85%

Local Beer (0.5 liter bottle)

$3.27 CA$4.54

$2.80 CA$3.89

16.79%

Imported Beer (0.33 liter bottle)

$2.12 CA$2.95

$3.25 CA$4.53

-34.77%

One-way Ticket (Public Transport)

$2.35 CA$3.27

$2.40 CA$3.34

-2.08%

Public Transport Monthly Pass (Regular Price)

$63.1 CA$87.7

$114 CA$159

-44.72%

Taxi Start (Normal Tariff)

$3.39 CA$4.72

$3.76 CA$5.22

-9.84%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.06

$1.41 CA$1.96

4.96%

Taxi 1hour Waiting (Normal Tariff)

$35.39 CA$49.22

$25.53 CA$35.50

38.62%

Gasoline (1 liter)

$1.07 CA$1.49

$1.10 CA$1.53

-2.73%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$25.3K CA$35.2K

$25.2K CA$35.1K

0.16%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$20.7K CA$28.8K

$21.1K CA$29.3K

-1.81%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$106 CA$147

$120 CA$166

-11.40%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$49.25 CA$68.5

$37.54 CA$52.2

31.19%

Internet (50+ Mbps, Unlimited Data)

$78.1 CA$109

$54.5 CA$75.8

43.16%

Gym Membership (Monthly)

$41.79 CA$58.1

$55.5 CA$77.2

-24.72%

Tennis Court (1 Hour on Weekend)

$21.15 CA$29.41

Cinema Ticket

$11.18 CA$15.55

$11.56 CA$16.07

-3.29%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$727 CA$1,011

$1,129 CA$1,571

-35.60%

International Primary School, 1 Child (Yearly)

$8,881 CA$12.4K

$18.0K CA$25.0K

-50.59%

Jeans (Levis 501 Or Similar)

$62.9 CA$87.5

$56.9 CA$79.2

10.50%

Summer Dress (H&M, Zara, etc)

$39.46 CA$54.9

$39.96 CA$55.6

-1.25%

Sport Shoes (Adidas, Nike)

$103 CA$143

$89.7 CA$125

14.59%

Men's Leather Business Shoes

$164 CA$228

$114 CA$159

43.69%

1-bedroom Apartment, City Center (Monthly)

$1,299 CA$1,806

$1,849 CA$2,572

-29.77%

1-bedroom Apartment, Outside City Center (Monthly)

$1,161 CA$1,615

$1,560 CA$2,169

-25.53%

3-bedroom Apartment, City Center (Monthly)

$2,025 CA$2,816

$2,925 CA$4,068

-30.79%

3-bedroom Apartment, Outside City Center (Monthly)

$1,785 CA$2,482

$2,470 CA$3,435

-27.75%

Buy Apartment in City Center (m2)

$4,846 CA$6,740

$9,085 CA$12.6K

-46.65%

Buy Apartment Outside City Center (m2)

$3,893 CA$5,415

$7,036 CA$9,785

-44.66%

Average Monthly Net Salary (After Tax)

$3,572 CA$4,967

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

5.16

27.71%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Elliot Lake, ON: May 31, 2026

Last update for Toronto: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,299 in Elliot Lake, ON and $1,849 in Toronto. Housing cost is often the main lever when comparing two cities.

Dining out: $59.0 in Elliot Lake, ON vs $82.0 in Toronto. Groceries flip the comparison at $418 vs $396, with Toronto cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Elliot Lake, ON vs Toronto: Cost of Living - Frequently Asked Questions

Elliot Lake, ON is cheaper overall, especially in Eating Out, Getting Around, Sport & Entertainment. The 17% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $3,611 in Elliot Lake, ON and $4,216 in Toronto to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,299 in Elliot Lake, ON versus $1,849 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,407 per month in Elliot Lake, ON versus $2,811 in Toronto – a 17% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Elliot Lake, ON runs roughly 81% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,407 in Elliot Lake, ON versus $2,811 in Toronto, a $2,500 budget is realistic in Elliot Lake, ON but tight or insufficient in Toronto. The gap between the two cities makes Elliot Lake, ON the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Elliot Lake, ON gentler on the wallet – expenses run 17% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.