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: $2,389 in Elliot Lake, ON versus $2,788 in Toronto.

Estimated couple costs with rent: $3,466 in Elliot Lake, ON versus $4,110 in Toronto.

Monthly costs for a family of three with rent: $4,544 in Elliot Lake, ON versus $5,432 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 79% above, Toronto 109% above.

Meal at Budget Restaurant

$16.62 CA$23.39

$18.51 CA$26.05

-10.21%

Three-Course Dinner for Two, Mid-Range

$59.3 CA$83.5

$83.8 CA$118

-29.22%

Fast Food Meal (McDonalds, etc)

$9.83 CA$13.83

$10.97 CA$15.44

-10.39%

Cappuccino

$3.62 CA$5.10

$3.99 CA$5.61

-9.27%

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

$2.15 CA$3.02

$2.11 CA$2.98

1.90%

Water (0.33 liter bottle)

$1.76 CA$2.47

$1.69 CA$2.38

4.14%

Local Beer (0.5 liter draught)

$5.62 CA$7.90

$5.92 CA$8.33

-5.07%

Imported Beer (0.33 liter bottle)

$6.75 CA$9.49

$6.48 CA$9.11

4.17%

Milk (1 liter)

$2.01 CA$2.82

$2.71 CA$3.82

-25.83%

White Bread (500g)

$2.04 CA$2.87

$2.85 CA$4.02

-28.42%

Rice (white) (1kg)

$4.84 CA$6.80

$3.56 CA$5.01

35.96%

Eggs

$3.70 CA$5.21

$3.54 CA$4.98

4.52%

Local Cheese (1kg)

$12.93 CA$18.19

$13.26 CA$18.66

-2.49%

Chicken Fillets (1kg)

$15.90 CA$22.37

$13.05 CA$18.36

21.84%

Beef Round Steak (1kg)

$13.10 CA$18.43

$16.77 CA$23.59

-21.88%

Apples (1kg)

$5.43 CA$7.64

$4.11 CA$5.79

32.12%

Banana (1kg)

$1.95 CA$2.74

$1.14 CA$1.60

71.05%

Oranges (1kg)

$3.78 CA$5.32

$3.40 CA$4.78

11.18%

Tomato (1kg)

$4.64 CA$6.53

$4.02 CA$5.66

15.42%

Potato (1kg)

$4.45 CA$6.26

$2.43 CA$3.42

83.13%

Onion (1kg)

$3.10 CA$4.36

$2.94 CA$4.13

5.44%

Lettuce (1 head)

$2.12 CA$2.99

$2.47 CA$3.48

-14.17%

Water (1.5 liter bottle)

$2.88 CA$4.05

$1.92 CA$2.70

50.00%

Cigarettes 20 Pack (Marlboro, Camel)

$14.90 CA$20.96

$14.99 CA$21.09

-0.60%

Wine (Bottle)

$12.56 CA$17.67

$14.34 CA$20.17

-12.41%

Local Beer (0.5 liter bottle)

$3.38 CA$4.76

$2.71 CA$3.81

24.72%

Imported Beer (0.33 liter bottle)

$2.03 CA$2.86

$3.12 CA$4.39

-34.94%

One-way Ticket (Public Transport)

$2.41 CA$3.40

$2.45 CA$3.45

-1.63%

Public Transport Monthly Pass (Regular Price)

$62.6 CA$88.1

$113 CA$159

-44.48%

Taxi Start (Normal Tariff)

$3.28 CA$4.61

$3.63 CA$5.10

-9.64%

Taxi (Normal Tariff) (1km)

$1.42 CA$2.00

$1.34 CA$1.89

5.97%

Taxi 1hour Waiting (Normal Tariff)

$34.80 CA$48.96

$25.55 CA$35.95

36.20%

Gasoline (1 liter)

$1.06 CA$1.49

$1.11 CA$1.56

-4.50%

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

$25.0K CA$35.1K

$25.3K CA$35.6K

-1.18%

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

$20.3K CA$28.5K

$21.8K CA$30.6K

-6.91%

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

$105 CA$148

$117 CA$164

-10.04%

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

$49.16 CA$69.2

$37.60 CA$52.9

30.74%

Internet (50+ Mbps, Unlimited Data)

$77.8 CA$110

$53.7 CA$75.6

44.94%

Gym Membership (Monthly)

$42.50 CA$59.8

$57.1 CA$80.3

-25.57%

Tennis Court (1 Hour on Weekend)

$20.86 CA$29.35

Cinema Ticket

$11.19 CA$15.75

$11.56 CA$16.26

-3.20%

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

$744 CA$1,047

$1,125 CA$1,583

-33.85%

International Primary School, 1 Child (Yearly)

$8,978 CA$12.6K

$18.4K CA$25.9K

-51.31%

Jeans (Levis 501 Or Similar)

$62.8 CA$88.3

$57.3 CA$80.7

9.53%

Summer Dress (H&M, Zara, etc)

$40.35 CA$56.8

$39.05 CA$55.0

3.33%

Sport Shoes (Adidas, Nike)

$104 CA$146

$87.6 CA$123

18.89%

Men's Leather Business Shoes

$161 CA$227

$114 CA$160

41.83%

1-bedroom Apartment, City Center (Monthly)

$1,332 CA$1,875

$1,842 CA$2,591

-27.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,170 CA$1,647

$1,531 CA$2,154

-23.55%

3-bedroom Apartment, City Center (Monthly)

$1,987 CA$2,795

$2,925 CA$4,116

-32.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,788 CA$2,516

$2,502 CA$3,521

-28.54%

Buy Apartment in City Center (m2)

$4,659 CA$6,556

$8,725 CA$12.3K

-46.60%

Buy Apartment Outside City Center (m2)

$3,704 CA$5,212

$6,867 CA$9,663

-46.06%

Average Monthly Net Salary (After Tax)

$3,454 CA$4,860

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: July 13, 2026

Last update for Toronto: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,332 in Elliot Lake, ON and $1,842 in Toronto. Housing cost is often the main lever when comparing two cities.

Dining out: $59.0 in Elliot Lake, ON vs $84.0 in Toronto. Groceries flip the comparison at $418 vs $395, 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 $3,584 in Elliot Lake, ON and $4,181 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: $1,332 in Elliot Lake, ON versus $1,842 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,389 per month in Elliot Lake, ON versus $2,788 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 80% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,389 in Elliot Lake, ON versus $2,788 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.