Cost of Living Comparison Between Oakville and Toronto Cost of Living Comparison Between Oakville and Toronto

Monthly Cost of Living

Monthly costs for one person with rent: $2,638 in Oakville versus $2,811 in Toronto.

Estimated couple costs with rent: $3,811 in Oakville versus $4,130 in Toronto.

Monthly costs for a family of three with rent: $4,984 in Oakville versus $5,449 in Toronto.

Living in Oakville costs roughly 6% less than in Toronto, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Oakville 97% above, Toronto 110% above.

Meal at Budget Restaurant

$18.12 CA$25.20

$18.71 CA$26.02

-3.15%

Three-Course Dinner for Two, Mid-Range

$76.1 CA$106

$81.9 CA$114

-7.07%

Fast Food Meal (McDonalds, etc)

$11.01 CA$15.30

$10.83 CA$15.06

1.66%

Cappuccino

$3.80 CA$5.28

$3.89 CA$5.41

-2.31%

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

$2.13 CA$2.96

$2.22 CA$3.09

-4.05%

Water (0.33 liter bottle)

$1.68 CA$2.33

$1.65 CA$2.29

1.82%

Local Beer (0.5 liter draught)

$5.80 CA$8.06

$6.05 CA$8.41

-4.13%

Imported Beer (0.33 liter bottle)

$6.52 CA$9.07

$6.58 CA$9.15

-0.91%

Milk (1 liter)

$2.33 CA$3.25

$2.73 CA$3.79

-14.65%

White Bread (500g)

$2.81 CA$3.91

$2.72 CA$3.78

3.31%

Rice (white) (1kg)

$3.49 CA$4.85

$3.54 CA$4.92

-1.41%

Eggs

$3.29 CA$4.57

$3.50 CA$4.87

-6.00%

Local Cheese (1kg)

$13.35 CA$18.57

$13.53 CA$18.81

-1.33%

Chicken Fillets (1kg)

$11.70 CA$16.27

$13.09 CA$18.20

-10.62%

Beef Round Steak (1kg)

$14.39 CA$20.01

$16.96 CA$23.59

-15.15%

Apples (1kg)

$3.83 CA$5.33

$4.16 CA$5.79

-7.93%

Banana (1kg)

$1.25 CA$1.74

$1.18 CA$1.64

5.93%

Oranges (1kg)

$3.22 CA$4.47

$3.25 CA$4.52

-0.92%

Tomato (1kg)

$4.14 CA$5.76

$4.12 CA$5.73

0.49%

Potato (1kg)

$2.43 CA$3.38

$2.50 CA$3.48

-2.80%

Onion (1kg)

$2.84 CA$3.94

$2.88 CA$4.00

-1.39%

Lettuce (1 head)

$2.18 CA$3.03

$2.35 CA$3.27

-7.23%

Water (1.5 liter bottle)

$2.01 CA$2.79

$2.00 CA$2.78

0.50%

Cigarettes 20 Pack (Marlboro, Camel)

$13.51 CA$18.78

$14.58 CA$20.28

-7.34%

Wine (Bottle)

$14.33 CA$19.93

$14.18 CA$19.71

1.06%

Local Beer (0.5 liter bottle)

$2.40 CA$3.34

$2.80 CA$3.89

-14.29%

Imported Beer (0.33 liter bottle)

$3.01 CA$4.19

$3.25 CA$4.53

-7.38%

One-way Ticket (Public Transport)

$2.91 CA$4.05

$2.40 CA$3.34

21.25%

Public Transport Monthly Pass (Regular Price)

$101 CA$141

$114 CA$159

-11.23%

Taxi Start (Normal Tariff)

$3.63 CA$5.05

$3.76 CA$5.22

-3.46%

Taxi (Normal Tariff) (1km)

$1.40 CA$1.94

$1.41 CA$1.96

-0.71%

Taxi 1hour Waiting (Normal Tariff)

$23.78 CA$33.07

$25.53 CA$35.50

-6.85%

Gasoline (1 liter)

$1.11 CA$1.54

$1.10 CA$1.53

0.91%

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

$25.2K CA$35.1K

0.02%

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

$21.5K CA$29.9K

$21.1K CA$29.3K

2.03%

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

$120 CA$167

$120 CA$166

0.58%

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

$39.95 CA$55.6

$37.54 CA$52.2

6.42%

Internet (50+ Mbps, Unlimited Data)

$54.8 CA$76.2

$54.5 CA$75.8

0.46%

Gym Membership (Monthly)

$44.89 CA$62.4

$55.5 CA$77.2

-19.13%

Tennis Court (1 Hour on Weekend)

$21.15 CA$29.41

Cinema Ticket

$11.67 CA$16.22

$11.56 CA$16.07

0.95%

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

$1,117 CA$1,553

$1,129 CA$1,571

-1.12%

International Primary School, 1 Child (Yearly)

$18.0K CA$25.1K

$18.0K CA$25.0K

0.24%

Jeans (Levis 501 Or Similar)

$58.1 CA$80.8

$56.9 CA$79.2

2.06%

Summer Dress (H&M, Zara, etc)

$38.77 CA$53.9

$39.96 CA$55.6

-2.98%

Sport Shoes (Adidas, Nike)

$98.5 CA$137

$89.7 CA$125

9.88%

Men's Leather Business Shoes

$113 CA$157

$114 CA$159

-1.35%

1-bedroom Apartment, City Center (Monthly)

$1,714 CA$2,383

$1,849 CA$2,572

-7.34%

1-bedroom Apartment, Outside City Center (Monthly)

$1,406 CA$1,956

$1,560 CA$2,169

-9.83%

3-bedroom Apartment, City Center (Monthly)

$2,596 CA$3,610

$2,925 CA$4,068

-11.27%

3-bedroom Apartment, Outside City Center (Monthly)

$2,318 CA$3,224

$2,470 CA$3,435

-6.16%

Buy Apartment in City Center (m2)

$4,218 CA$5,865

$9,085 CA$12.6K

-53.58%

Buy Apartment Outside City Center (m2)

$7,181 CA$9,987

$7,036 CA$9,785

2.07%

Average Monthly Net Salary (After Tax)

$3,199 CA$4,448

$3,572 CA$4,967

-10.45%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.62

5.16

28.29%

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

Last update for Oakville: May 31, 2026

Last update for Toronto: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,714 in Oakville and $1,849 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 12% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $76.0 in Oakville vs $82.0 in Toronto for a mid-range dinner for two. Groceries echo the gap at $373 vs $396 per month, with Oakville cheaper across the board.

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

Oakville wins on cost – living expenses run 7% lower than in Toronto. Housing and daily spending are where you'll feel the difference most, making Oakville the obvious pick if budget is a priority.

On paper, Toronto earns 12% less. 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: $1,714 in Oakville versus $1,849 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Oakville runs roughly 13% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,117 in Oakville versus $1,129 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 $2,000. Oakville 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 Oakville delivers better value – similar infrastructure at $2,638 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Oakville 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 Oakville gentler on the wallet – expenses run 7% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.