Last update: Oct 2026

Cost of Living Comparison Between North Bay and Toronto

For one person, living is cheaper in North Bay: $2,162 a month against $2,589 in Toronto, rent and utilities included – about $5,100 less a year. Rent and utilities account for most of the difference.

105

Cost of Living Index in North Bay
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North Bay Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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North Bay

🇨🇦 Canada

$2,162

/mo nomad

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Monthly Cost of Living

How much you'll spend in North Bay and in Toronto

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in North Bay and in Toronto actually costs, broken down by who's living it.

A single person spends $2,162 per month in North Bay vs $2,589 in Toronto, rent included.

North Bay $2,162
Toronto $2,589

A couple spends around $3,060 per month in North Bay vs $3,710 in Toronto, rent included.

North Bay $3,060
Toronto $3,710

A family of three spends $3,957 per month in North Bay vs $4,831 in Toronto, rent included.

North Bay $3,957
Toronto $4,831

North Bay is about 17% cheaper than Toronto, and outside of rent the biggest gap is in transport.

Both North Bay and Toronto sit above the global median – North Bay by 59%, Toronto by 90%.

Meal at Budget Restaurant

$17.83 CA$25.02

$17.60 CA$24.70

1.31%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$109

$77.8 CA$109

-0.55%

Fast Food Meal (McDonalds, etc)

$10.73 CA$15.05

$10.59 CA$14.86

1.32%

Cappuccino

$3.98 CA$5.59

$4.16 CA$5.83

-4.33%

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

$2.07 CA$2.91

$2.04 CA$2.87

1.47%

Water (0.33 liter bottle)

$1.76 CA$2.46

$1.75 CA$2.46

0.57%

Local Beer (0.5 liter draught)

$5.02 CA$7.05

$6.58 CA$9.23

-23.71%

Imported Beer (0.33 liter bottle)

$6.81 CA$9.55

$7.11 CA$9.98

-4.22%

Milk (1 liter)

$2.56 CA$3.59

$2.53 CA$3.56

1.19%

White Bread (500g)

$2.72 CA$3.82

$2.70 CA$3.79

0.74%

Rice (white) (1kg)

$2.24 CA$3.14

Eggs

$3.53 CA$4.95

$3.48 CA$4.89

1.44%

Local Cheese (1kg)

$9.49 CA$13.32

$9.38 CA$13.16

1.17%

Chicken Fillets (1kg)

$11.32 CA$15.89

$11.60 CA$16.28

-2.41%

Beef Round Steak (1kg)

$12.37 CA$17.36

$14.68 CA$20.61

-15.74%

Apples (1kg)

$3.67 CA$5.15

$3.74 CA$5.26

-1.87%

Banana (1kg)

$1.22 CA$1.71

$1.22 CA$1.72

Oranges (1kg)

$3.21 CA$4.51

$3.48 CA$4.88

-7.76%

Tomato (1kg)

$4.19 CA$5.88

$4.32 CA$6.07

-3.01%

Potato (1kg)

$1.85 CA$2.59

$1.85 CA$2.60

Onion (1kg)

$1.68 CA$2.35

$1.69 CA$2.37

-0.59%

Lettuce (1 head)

$2.24 CA$3.14

$2.23 CA$3.13

0.45%

Water (1.5 liter bottle)

$1.26 CA$1.77

$1.28 CA$1.79

-1.56%

Cigarettes 20 Pack (Marlboro, Camel)

$14.46 CA$20.29

$14.04 CA$19.71

2.99%

Wine (Bottle)

$14.26 CA$20.01

$14.43 CA$20.25

-1.18%

Local Beer (0.5 liter bottle)

$2.23 CA$3.14

$2.16 CA$3.03

3.24%

Imported Beer (0.33 liter bottle)

$2.46 CA$3.46

$2.52 CA$3.54

-2.38%

One-way Ticket (Public Transport)

$2.28 CA$3.19

$2.37 CA$3.32

-3.80%

Public Transport Monthly Pass (Regular Price)

$67.4 CA$94.5

$112 CA$158

-40.09%

Taxi Start (Normal Tariff)

$3.08 CA$4.33

$3.04 CA$4.27

1.32%

Taxi (Normal Tariff) (1km)

$1.13 CA$1.58

$1.24 CA$1.74

-8.87%

Taxi 1hour Waiting (Normal Tariff)

$22.26 CA$31.25

$22.55 CA$31.65

-1.29%

Gasoline (1 liter)

$1.25 CA$1.75

$1.24 CA$1.75

0.81%

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

$26.8K CA$37.6K

$26.9K CA$37.8K

-0.32%

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

$21.5K CA$30.2K

$21.4K CA$30.0K

0.46%

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

$124 CA$174

$125 CA$175

-0.75%

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

$32.74 CA$45.95

$33.05 CA$46.39

-0.94%

Internet (50+ Mbps, Unlimited Data)

$48.00 CA$67.4

$47.96 CA$67.3

0.08%

Gym Membership (Monthly)

$24.94 CA$35.00

$36.69 CA$51.5

-32.03%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

Cinema Ticket

$13.09 CA$18.37

$13.08 CA$18.35

0.08%

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

$753 CA$1,057

$759 CA$1,065

-0.76%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.4K

0.02%

Jeans (Levis 501 Or Similar)

$44.70 CA$62.7

$53.5 CA$75.1

-16.51%

Summer Dress (H&M, Zara, etc)

$18.18 CA$25.52

$40.44 CA$56.8

-55.04%

Sport Shoes (Adidas, Nike)

$101 CA$142

$100 CA$141

0.68%

Men's Leather Business Shoes

$89.3 CA$125

$125 CA$176

-28.66%

1-bedroom Apartment, City Center (Monthly)

$1,457 CA$2,045

$1,630 CA$2,287

-10.61%

1-bedroom Apartment, Outside City Center (Monthly)

$1,095 CA$1,537

$1,416 CA$1,987

-22.65%

3-bedroom Apartment, City Center (Monthly)

$1,852 CA$2,599

$2,694 CA$3,781

-31.27%

3-bedroom Apartment, Outside City Center (Monthly)

$1,475 CA$2,070

$2,101 CA$2,949

-29.78%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

Buy Apartment Outside City Center (m2)

$6,674 CA$9,366

Average Monthly Net Salary (After Tax)

$3,108 CA$4,362

$3,543 CA$4,973

-12.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

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

Last update for North Bay: October 25, 2026

Last update for Toronto: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

North Bay

$1.1K 50.7%

Toronto

$1.4K 54.7% 29.3% $321

Groceries & Markets

North Bay

$335 15.5%

Toronto

$345 13.3% 2.9% $9.7

Eating Out

North Bay

$277 12.8%

Toronto

$285 11% 2.9% $8.1

Monthly Utilities & Internet

North Bay

$204 9.5%

Toronto

$206 7.9% 0.6% $1.2

Clothing & Footwear

North Bay

$114 5.3%

Toronto

$144 5.6% 26.2% $30

Getting Around

North Bay

$85 3.9%

Toronto

$131 5.1% 53.9% $46

Sport & Entertainment

North Bay

$51 2.4%

Toronto

$63 2.4% 22.9% $12

Cost Breakdown

A central one-bedroom costs $1,457 in North Bay versus $1,630 in Toronto. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 14% higher in Toronto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $77 in North Bay versus $78 in Toronto. Monthly groceries follow the same trend: $335 vs $345 – making North Bay the more affordable choice for daily food spending.

Good to know

🇨🇦 North Bay

🇨🇦 Toronto

🕒 Local time

18:44 6:44 PM

Same time as North Bay

🌤 Weather

👥 Population

51,553

2,731,571

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

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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

North Bay vs Toronto: Cost of Living - Frequently Asked Questions

Toronto costs about 20% more than North Bay, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,243 per month in North Bay and $3,883 in Toronto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in North Bay, especially for central apartments: a one-bedroom in the center costs $1,457 there versus $1,630 in Toronto.

Public transport costs about 40% less in North Bay. For daily commuters, that gap adds up to noticeable savings over a year.

Groceries cost about 3% more in Toronto, though the gap depends on what you buy.

$2,000 is a stretch for both – monthly costs hit $2,162 in North Bay and $2,589 in Toronto. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. North Bay has an edge in some lifestyle areas, with costs from $2,162 in North Bay to $2,589 in Toronto. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with North Bay. If higher salaries or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.