Last update: Oct 2026

Cost of Living Comparison Between Oakville and Toronto

For one person, living costs are similar in Oakville and in Toronto: $2,641 and $2,610 a month, rent and utilities included.

127

Cost of Living Index in Oakville
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Oakville Living Index
126

Cost of Living Index in Toronto
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Toronto Living Index

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Oakville

🇨🇦 Canada

$2,641

/mo nomad

Toronto

🇨🇦 Canada

$2,610

/mo nomad

Monthly Cost of Living

How much you'll spend in Oakville 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 Oakville and in Toronto actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,636 in Oakville versus $2,561 in Toronto.

Oakville $2,636
Toronto $2,561

Estimated couple costs with rent: $3,763 in Oakville versus $3,694 in Toronto.

Oakville $3,763
Toronto $3,694

Monthly costs for a family of three with rent: $4,889 in Oakville versus $4,826 in Toronto.

Oakville $4,889
Toronto $4,826

Living in Oakville is roughly 3% more expensive than in Toronto, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Oakville 95% above, Toronto 90% above.

Meal at Budget Restaurant

$14.43 CA$20.39

$17.59 CA$24.87

-17.96%

Three-Course Dinner for Two, Mid-Range

$71.8 CA$102

$78.8 CA$111

-8.86%

Fast Food Meal (McDonalds, etc)

$9.34 CA$13.20

$10.73 CA$15.16

-12.95%

Cappuccino

$3.84 CA$5.42

$4.09 CA$5.78

-6.11%

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

$2.20 CA$3.10

$2.10 CA$2.97

4.76%

Water (0.33 liter bottle)

$1.74 CA$2.45

$1.72 CA$2.43

1.16%

Local Beer (0.5 liter draught)

$5.83 CA$8.24

$6.36 CA$8.99

-8.33%

Imported Beer (0.33 liter bottle)

$6.48 CA$9.17

$7.08 CA$10.01

-8.47%

Milk (1 liter)

$2.56 CA$3.62

$2.54 CA$3.59

0.79%

White Bread (500g)

$3.30 CA$4.67

$2.72 CA$3.85

21.32%

Rice (white) (1kg)

$3.50 CA$4.94

$2.18 CA$3.09

60.55%

Eggs

$4.18 CA$5.91

$3.63 CA$5.13

15.15%

Local Cheese (1kg)

$10.42 CA$14.74

$9.46 CA$13.37

10.15%

Chicken Fillets (1kg)

$11.95 CA$16.90

$11.54 CA$16.32

3.55%

Beef Round Steak (1kg)

$19.22 CA$27.17

$14.37 CA$20.32

33.75%

Apples (1kg)

$3.34 CA$4.72

$3.70 CA$5.23

-9.73%

Banana (1kg)

$1.93 CA$2.72

$1.19 CA$1.68

62.18%

Oranges (1kg)

$3.28 CA$4.64

$3.46 CA$4.90

-5.20%

Tomato (1kg)

$2.93 CA$4.14

$4.22 CA$5.97

-30.57%

Potato (1kg)

$2.34 CA$3.31

$1.79 CA$2.52

30.73%

Onion (1kg)

$2.60 CA$3.68

$1.65 CA$2.33

57.58%

Lettuce (1 head)

$2.25 CA$3.18

$2.20 CA$3.11

2.27%

Water (1.5 liter bottle)

$1.73 CA$2.45

$1.26 CA$1.78

37.30%

Cigarettes 20 Pack (Marlboro, Camel)

$14.25 CA$20.14

$13.97 CA$19.75

2.00%

Wine (Bottle)

$13.23 CA$18.71

$14.20 CA$20.07

-6.83%

Local Beer (0.5 liter bottle)

$3.20 CA$4.52

$2.25 CA$3.18

42.22%

Imported Beer (0.33 liter bottle)

$2.41 CA$3.41

$2.53 CA$3.58

-4.74%

One-way Ticket (Public Transport)

$2.77 CA$3.92

$2.32 CA$3.28

19.40%

Public Transport Monthly Pass (Regular Price)

$97.2 CA$137

$112 CA$158

-12.91%

Taxi Start (Normal Tariff)

$3.06 CA$4.33

Taxi (Normal Tariff) (1km)

$1.22 CA$1.72

Taxi 1hour Waiting (Normal Tariff)

$21.69 CA$30.66

Gasoline (1 liter)

$1.16 CA$1.64

$1.21 CA$1.72

-4.13%

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

$28.1K CA$39.7K

$26.1K CA$37.0K

7.44%

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

$21.3K CA$30.1K

$21.1K CA$29.9K

0.76%

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

$91.0 CA$129

$120 CA$169

-23.96%

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

$28.41 CA$40.16

$32.21 CA$45.54

-11.80%

Internet (50+ Mbps, Unlimited Data)

$45.95 CA$65.0

$48.88 CA$69.1

-5.99%

Gym Membership (Monthly)

$42.03 CA$59.4

$39.34 CA$55.6

6.84%

Tennis Court (1 Hour on Weekend)

$23.58 CA$33.34

Cinema Ticket

$9.76 CA$13.80

$12.58 CA$17.79

-22.42%

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

$1,154 CA$1,632

$832 CA$1,176

38.78%

International Primary School, 1 Child (Yearly)

$16.6K CA$23.5K

$23.6K CA$33.4K

-29.51%

Jeans (Levis 501 Or Similar)

$68.2 CA$96.3

$52.3 CA$73.9

30.36%

Summer Dress (H&M, Zara, etc)

$93.2 CA$132

$39.44 CA$55.8

136.36%

Sport Shoes (Adidas, Nike)

$128 CA$181

$99.0 CA$140

29.09%

Men's Leather Business Shoes

$107 CA$152

$122 CA$172

-11.94%

1-bedroom Apartment, City Center (Monthly)

$1,859 CA$2,628

$1,631 CA$2,306

13.95%

1-bedroom Apartment, Outside City Center (Monthly)

$1,497 CA$2,116

$1,448 CA$2,048

3.36%

3-bedroom Apartment, City Center (Monthly)

$3,590 CA$5,075

$2,737 CA$3,869

31.17%

3-bedroom Apartment, Outside City Center (Monthly)

$2,384 CA$3,371

$2,129 CA$3,010

11.97%

Buy Apartment in City Center (m2)

$4,866 CA$6,879

$8,206 CA$11.6K

-40.70%

Buy Apartment Outside City Center (m2)

$6,100 CA$8,623

$6,838 CA$9,666

-10.79%

Average Monthly Net Salary (After Tax)

$3,090 CA$4,369

$3,520 CA$4,976

-12.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.26

4.47

17.67%

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

Last update for Oakville: October 19, 2026

Last update for Toronto: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Oakville

$1.5K 56.7%

Toronto

$1.4K 55.5% 3.2% $49

Groceries & Markets

Oakville

$383 14.5%

Toronto

$343 13.1% 10.6% $40

Eating Out

Oakville

$247 9.4%

Toronto

$283 10.9% 14.5% $36

Clothing & Footwear

Oakville

$178 6.8%

Toronto

$141 5.4% 21.2% $38

Monthly Utilities & Internet

Oakville

$165 6.3%

Toronto

$201 7.7% 21.4% $35

Getting Around

Oakville

$108 * 4.1%

Toronto

$130 5% 20.1% $22

Sport & Entertainment

Oakville

$62 2.3%

Toronto

$65 2.5% 4.8% $3

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,733 in Oakville and $1,592 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 19% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $69.0 in Oakville vs $76.0 in Toronto. Groceries flip the comparison at $351 vs $340, with Toronto cheaper for home cooking.

Good to know

🇨🇦 Oakville

🇨🇦 Toronto

🕒 Local time

06:12 6:12 AM

Same time as Oakville

🌤 Weather

👥 Population

193,832

2,731,571

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 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

Oakville vs Toronto: Cost of Living - Frequently Asked Questions

Toronto wins on cost – living expenses run 3% lower than in Oakville. Housing and daily spending are where you'll feel the difference most, making Toronto the obvious pick if budget is a priority.

On paper, salaries run 19% lower in Toronto. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,733 in Oakville versus $1,592 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Toronto runs roughly 16% less than in Oakville. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,027 in Oakville versus $830 in Toronto. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Both cities are expensive relative to $2,500. Toronto is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both work as nomad bases, but Toronto delivers better value – similar infrastructure at $2,561 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Toronto hard to pass up.

Safety-wise, Oakville and Toronto are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Toronto gentler on the wallet – expenses run 3% less than in Oakville. Beyond cost, consider language, visa policies, and how big the international community is in each city.