Cost of Living Comparison Between North Bay and Toronto Cost of Living Comparison Between North Bay and Toronto

Monthly Cost of Living

A single person spends $2,363 per month in North Bay vs $2,754 in Toronto, rent included.

A couple spends around $3,529 per month in North Bay vs $4,090 in Toronto, rent included.

A family of three spends $4,695 per month in North Bay vs $5,427 in Toronto, rent included.

North Bay is about 14% cheaper than Toronto, driven mainly by Eating Out.

Both North Bay and Toronto sit above the global median – North Bay by 76%, Toronto by 105%.

Meal at Budget Restaurant

$14.75 CA$20.59

$18.93 CA$26.43

-22.08%

Three-Course Dinner for Two, Mid-Range

$81.0 CA$113

$81.9 CA$114

-1.20%

Fast Food Meal (McDonalds, etc)

$8.71 CA$12.17

$11.13 CA$15.55

-21.74%

Cappuccino

$3.16 CA$4.41

$4.00 CA$5.59

-21.00%

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

$2.12 CA$2.96

$2.18 CA$3.05

-2.75%

Water (0.33 liter bottle)

$1.40 CA$1.95

$1.69 CA$2.36

-17.16%

Local Beer (0.5 liter draught)

$5.10 CA$7.12

$5.93 CA$8.28

-14.00%

Imported Beer (0.33 liter bottle)

$6.45 CA$9.01

$6.58 CA$9.18

-1.98%

Milk (1 liter)

$1.73 CA$2.41

$2.83 CA$3.96

-38.87%

White Bread (500g)

$2.34 CA$3.26

$2.73 CA$3.81

-14.29%

Rice (white) (1kg)

$6.97 CA$9.73

$3.65 CA$5.09

90.96%

Eggs

$3.39 CA$4.74

$3.54 CA$4.94

-4.24%

Local Cheese (1kg)

$20.41 CA$28.51

$13.49 CA$18.84

51.30%

Chicken Fillets (1kg)

$17.70 CA$24.71

$13.06 CA$18.24

35.53%

Beef Round Steak (1kg)

$10.95 CA$15.30

$16.51 CA$23.05

-33.68%

Apples (1kg)

$4.55 CA$6.35

$3.99 CA$5.57

14.04%

Banana (1kg)

$1.45 CA$2.03

$1.18 CA$1.64

22.88%

Oranges (1kg)

$3.74 CA$5.22

$3.21 CA$4.49

16.51%

Tomato (1kg)

$3.38 CA$4.72

$4.04 CA$5.64

-16.34%

Potato (1kg)

$2.38 CA$3.32

$2.54 CA$3.55

-6.30%

Onion (1kg)

$2.20 CA$3.07

$2.81 CA$3.92

-21.71%

Lettuce (1 head)

$2.98 CA$4.16

$2.46 CA$3.43

21.14%

Water (1.5 liter bottle)

$2.67 CA$3.74

$1.92 CA$2.68

39.06%

Cigarettes 20 Pack (Marlboro, Camel)

$13.11 CA$18.31

$14.85 CA$20.74

-11.72%

Wine (Bottle)

$13.92 CA$19.43

$14.22 CA$19.86

-2.11%

Local Beer (0.5 liter bottle)

$2.54 CA$3.55

$2.69 CA$3.76

-5.58%

Imported Beer (0.33 liter bottle)

$3.40 CA$4.75

$3.27 CA$4.57

3.98%

One-way Ticket (Public Transport)

$2.34 CA$3.27

$2.40 CA$3.35

-2.50%

Public Transport Monthly Pass (Regular Price)

$74.8 CA$104

$113 CA$158

-33.79%

Taxi Start (Normal Tariff)

$4.07 CA$5.68

$3.71 CA$5.18

9.70%

Taxi (Normal Tariff) (1km)

$1.07 CA$1.49

$1.41 CA$1.97

-24.11%

Taxi 1hour Waiting (Normal Tariff)

$25.72 CA$35.92

$25.53 CA$35.65

0.74%

Gasoline (1 liter)

$1.15 CA$1.60

$1.14 CA$1.59

0.88%

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

$25.2K CA$35.2K

$24.7K CA$34.4K

2.33%

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

$19.7K CA$27.6K

$21.6K CA$30.2K

-8.66%

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

$145 CA$202

$120 CA$168

20.49%

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

$33.16 CA$46.30

$36.76 CA$51.3

-9.79%

Internet (50+ Mbps, Unlimited Data)

$58.8 CA$82.1

$54.9 CA$76.7

7.07%

Gym Membership (Monthly)

$25.52 CA$35.64

$57.2 CA$79.8

-55.35%

Tennis Court (1 Hour on Weekend)

$21.05 CA$29.40

Cinema Ticket

$10.67 CA$14.90

$11.74 CA$16.40

-9.11%

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

$904 CA$1,262

$1,142 CA$1,595

-20.87%

International Primary School, 1 Child (Yearly)

$29.3K CA$40.9K

$18.0K CA$25.1K

62.62%

Jeans (Levis 501 Or Similar)

$44.63 CA$62.3

$56.7 CA$79.2

-21.29%

Summer Dress (H&M, Zara, etc)

$18.07 CA$25.23

$39.80 CA$55.6

-54.60%

Sport Shoes (Adidas, Nike)

$60.1 CA$83.9

$88.6 CA$124

-32.16%

Men's Leather Business Shoes

$79.5 CA$111

$116 CA$162

-31.28%

1-bedroom Apartment, City Center (Monthly)

$1,368 CA$1,910

$1,830 CA$2,556

-25.28%

1-bedroom Apartment, Outside City Center (Monthly)

$1,234 CA$1,724

$1,580 CA$2,207

-21.88%

3-bedroom Apartment, City Center (Monthly)

$2,237 CA$3,124

$2,989 CA$4,174

-25.15%

3-bedroom Apartment, Outside City Center (Monthly)

$2,097 CA$2,929

$2,511 CA$3,506

-16.47%

Buy Apartment in City Center (m2)

$9,084 CA$12.7K

Buy Apartment Outside City Center (m2)

$6,885 CA$9,614

Average Monthly Net Salary (After Tax)

$3,039 CA$4,244

$3,555 CA$4,964

-14.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

5.16

25.00%

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

Last update for North Bay: June 7, 2026

Last update for Toronto: June 7, 2026

Cost Breakdown

A central one-bedroom costs $1,368 in North Bay versus $1,830 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 17% 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 $81.0 in North Bay versus $82.0 in Toronto. Groceries tell a different story – $431 in North Bay vs $394 in Toronto – so Toronto wins on supermarket bills even if dining out costs more.

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 17% more than North Bay, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,544 per month in North Bay and $4,131 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 51% less in North Bay. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $904 per month in North Bay and $1,142 in Toronto. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in North Bay, where all-in costs run around $2,363, than in Toronto at $2,754. In North Bay it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward North Bay – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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