Last update: Oct 2026

Cost of Living Comparison Between Parry Sound and Toronto

For one person, living is cheaper in Parry Sound: $2,269 a month against $2,589 in Toronto, rent and utilities included – about $3,800 less a year. Other living expenses account for most of the difference.

108

Cost of Living Index in Parry Sound
Learn more

Parry Sound Living Index
125

Cost of Living Index in Toronto
Learn more

Toronto Living Index

Jump to prices

Parry Sound

🇨🇦 Canada

$2,269

/mo nomad

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Monthly Cost of Living

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

A single person spends $2,269 per month in Parry Sound vs $2,589 in Toronto, rent included.

Parry Sound $2,269
Toronto $2,589

A couple spends around $3,202 per month in Parry Sound vs $3,710 in Toronto, rent included.

Parry Sound $3,202
Toronto $3,710

A family of three spends $4,135 per month in Parry Sound vs $4,831 in Toronto, rent included.

Parry Sound $4,135
Toronto $4,831

Parry Sound is about 12% cheaper than Toronto, and outside of rent the biggest gap is in transport.

Both Parry Sound and Toronto sit above the global median – Parry Sound by 67%, Toronto by 90%.

Meal at Budget Restaurant

$17.94 CA$25.17

$17.60 CA$24.70

1.93%

Three-Course Dinner for Two, Mid-Range

$51.8 CA$72.6

$77.8 CA$109

-33.49%

Fast Food Meal (McDonalds, etc)

$10.66 CA$14.97

$10.59 CA$14.86

0.66%

Cappuccino

$3.17 CA$4.45

$4.16 CA$5.83

-23.80%

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

$1.40 CA$1.96

$2.04 CA$2.87

-31.37%

Water (0.33 liter bottle)

$1.06 CA$1.48

$1.75 CA$2.46

-39.43%

Local Beer (0.5 liter draught)

$3.48 CA$4.89

$6.58 CA$9.23

-47.11%

Imported Beer (0.33 liter bottle)

$4.24 CA$5.95

$7.11 CA$9.98

-40.37%

Milk (1 liter)

$1.99 CA$2.80

$2.53 CA$3.56

-21.34%

White Bread (500g)

$2.23 CA$3.12

$2.70 CA$3.79

-17.41%

Rice (white) (1kg)

$1.59 CA$2.23

$2.24 CA$3.14

-29.02%

Eggs

$3.03 CA$4.25

$3.48 CA$4.89

-12.93%

Local Cheese (1kg)

$4.19 CA$5.88

$9.38 CA$13.16

-55.33%

Chicken Fillets (1kg)

$10.49 CA$14.73

$11.60 CA$16.28

-9.57%

Beef Round Steak (1kg)

$7.04 CA$9.87

$14.68 CA$20.61

-52.04%

Apples (1kg)

$3.34 CA$4.69

$3.74 CA$5.26

-10.70%

Banana (1kg)

$0.74 CA$1.04

$1.22 CA$1.72

-39.34%

Oranges (1kg)

$0.69 CA$0.97

$3.48 CA$4.88

-80.17%

Tomato (1kg)

$2.20 CA$3.09

$4.32 CA$6.07

-49.07%

Potato (1kg)

$1.66 CA$2.33

$1.85 CA$2.60

-10.27%

Onion (1kg)

$1.37 CA$1.92

$1.69 CA$2.37

-18.93%

Lettuce (1 head)

$1.46 CA$2.05

$2.23 CA$3.13

-34.53%

Water (1.5 liter bottle)

$1.52 CA$2.13

$1.28 CA$1.79

18.75%

Cigarettes 20 Pack (Marlboro, Camel)

$12.29 CA$17.24

$14.04 CA$19.71

-12.46%

Wine (Bottle)

$11.59 CA$16.27

$14.43 CA$20.25

-19.68%

Local Beer (0.5 liter bottle)

$2.81 CA$3.95

$2.16 CA$3.03

30.09%

Imported Beer (0.33 liter bottle)

$3.45 CA$4.84

$2.52 CA$3.54

36.90%

One-way Ticket (Public Transport)

$2.37 CA$3.32

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$8.33 CA$11.69

$3.04 CA$4.27

174.01%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.74

Taxi 1hour Waiting (Normal Tariff)

$18.67 CA$26.20

$22.55 CA$31.65

-17.21%

Gasoline (1 liter)

$1.08 CA$1.51

$1.24 CA$1.75

-12.90%

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

$28.4K CA$39.8K

$26.9K CA$37.8K

5.44%

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

$21.6K CA$30.3K

$21.4K CA$30.0K

0.85%

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

$126 CA$177

$125 CA$175

0.95%

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

$26.66 CA$37.41

$33.05 CA$46.39

-19.33%

Internet (50+ Mbps, Unlimited Data)

$46.46 CA$65.2

$47.96 CA$67.3

-3.13%

Gym Membership (Monthly)

$33.08 CA$46.42

$36.69 CA$51.5

-9.84%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

Cinema Ticket

$10.33 CA$14.50

$13.08 CA$18.35

-21.02%

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

$523 CA$734

$759 CA$1,065

-31.05%

International Primary School, 1 Child (Yearly)

$28.0K CA$39.3K

$23.8K CA$33.4K

17.79%

Jeans (Levis 501 Or Similar)

$43.09 CA$60.5

$53.5 CA$75.1

-19.52%

Summer Dress (H&M, Zara, etc)

$38.27 CA$53.7

$40.44 CA$56.8

-5.37%

Sport Shoes (Adidas, Nike)

$94.6 CA$133

$100 CA$141

-5.81%

Men's Leather Business Shoes

$106 CA$149

$125 CA$176

-15.34%

1-bedroom Apartment, City Center (Monthly)

$1,127 CA$1,581

$1,630 CA$2,287

-30.87%

1-bedroom Apartment, Outside City Center (Monthly)

$1,374 CA$1,928

$1,416 CA$1,987

-2.95%

3-bedroom Apartment, City Center (Monthly)

$2,117 CA$2,972

$2,694 CA$3,781

-21.41%

3-bedroom Apartment, Outside City Center (Monthly)

$2,156 CA$3,026

$2,101 CA$2,949

2.62%

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)

$2,153 CA$3,021

$3,543 CA$4,973

-39.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.56

4.45

2.47%

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

Last update for Parry Sound: 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

Parry Sound

$1.4K 60.6%

Toronto

$1.4K 54.7% 3% $42

Groceries & Markets

Parry Sound

$258 11.4%

Toronto

$345 13.3% 33.8% $87

Eating Out

Parry Sound

$249 11%

Toronto

$285 11% 14.2% $35

Monthly Utilities & Internet

Parry Sound

$199 8.8%

Toronto

$206 7.9% 3.4% $6.7

Clothing & Footwear

Parry Sound

$127 5.6%

Toronto

$144 5.6% 13.4% $17

Sport & Entertainment

Parry Sound

$54 2.4%

Toronto

$63 2.4% 17% $9.1

Getting Around

Parry Sound

$8.3 * 0.4%

Toronto

$131 5.1% 1475% $123

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

Cost Breakdown

A central one-bedroom costs $1,127 in Parry Sound 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 65% higher in Toronto. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $52 in Parry Sound versus $78 in Toronto. Monthly groceries follow the same trend: $258 vs $345 – making Parry Sound the more affordable choice for daily food spending.

Good to know

🇨🇦 Parry Sound

🇨🇦 Toronto

🕒 Local time

16:34 4:34 PM

Same time as Parry Sound

🌤 Weather

👥 Population

6,800

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

On the map

Lowest

Highest

Between locations

Parry Sound Toronto 190 km

From you

Parry Sound
Toronto

Distances are measured in a straight line. Your location is detected approximately.

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

Parry Sound vs Toronto: Cost of Living - Frequently Asked Questions

Toronto costs about 14% more than Parry Sound, 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 $3,403 per month in Parry Sound 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 Parry Sound, especially for central apartments: a one-bedroom in the center costs $1,127 there versus $1,630 in Toronto.

A mid-range dinner for two costs $52 in Parry Sound and $78 in Toronto. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 34% more in Toronto, though the gap depends on what you buy.

$2,000 is a stretch for both – monthly costs hit $2,269 in Parry Sound and $2,589 in Toronto. You’ll need shared housing and careful budgeting no matter which city you pick.

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

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