Last update: Oct 2026

Cost of Living Comparison Between Peterborough and Toronto

For one person, living is cheaper in Peterborough: $2,226 a month against $2,610 in Toronto, rent and utilities included – about $4,600 less a year. Rent and utilities account for most of the difference.

108

Cost of Living Index in Peterborough
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Peterborough Living Index
126

Cost of Living Index in Toronto
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Toronto Living Index

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Peterborough

🇨🇦 Canada

$2,226

/mo nomad

Toronto

🇨🇦 Canada

$2,610

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,226 in Peterborough versus $2,610 in Toronto.

Peterborough $2,226
Toronto $2,610

Estimated couple costs with rent: $3,205 in Peterborough versus $3,727 in Toronto.

Peterborough $3,205
Toronto $3,727

Monthly costs for a family of three with rent: $4,184 in Peterborough versus $4,844 in Toronto.

Peterborough $4,184
Toronto $4,844

Living in Peterborough costs roughly 15% less than in Toronto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Peterborough 64% above, Toronto 93% above.

Meal at Budget Restaurant

$12.87 CA$18.19

$17.59 CA$24.87

-26.83%

Three-Course Dinner for Two, Mid-Range

$69.8 CA$98.7

$78.8 CA$111

-11.43%

Fast Food Meal (McDonalds, etc)

$10.82 CA$15.30

$10.73 CA$15.16

0.84%

Cappuccino

$3.62 CA$5.11

$4.09 CA$5.78

-11.49%

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

$1.77 CA$2.50

$2.10 CA$2.97

-15.71%

Water (0.33 liter bottle)

$1.36 CA$1.92

$1.72 CA$2.43

-20.93%

Local Beer (0.5 liter draught)

$5.69 CA$8.05

$6.36 CA$8.99

-10.53%

Imported Beer (0.33 liter bottle)

$5.84 CA$8.26

$7.08 CA$10.01

-17.51%

Milk (1 liter)

$2.57 CA$3.63

$2.54 CA$3.59

1.18%

White Bread (500g)

$2.45 CA$3.47

$2.72 CA$3.85

-9.93%

Rice (white) (1kg)

$2.52 CA$3.56

$2.18 CA$3.09

15.60%

Eggs

$3.24 CA$4.58

$3.63 CA$5.13

-10.74%

Local Cheese (1kg)

$10.70 CA$15.13

$9.46 CA$13.37

13.11%

Chicken Fillets (1kg)

$11.03 CA$15.60

$11.54 CA$16.32

-4.42%

Beef Round Steak (1kg)

$12.79 CA$18.08

$14.37 CA$20.32

-11.00%

Apples (1kg)

$3.39 CA$4.80

$3.70 CA$5.23

-8.38%

Banana (1kg)

$1.42 CA$2.01

$1.19 CA$1.68

19.33%

Oranges (1kg)

$3.41 CA$4.82

$3.46 CA$4.90

-1.45%

Tomato (1kg)

$3.98 CA$5.63

$4.22 CA$5.97

-5.69%

Potato (1kg)

$1.63 CA$2.30

$1.79 CA$2.52

-8.94%

Onion (1kg)

$2.35 CA$3.32

$1.65 CA$2.33

42.42%

Lettuce (1 head)

$2.32 CA$3.28

$2.20 CA$3.11

5.45%

Water (1.5 liter bottle)

$1.48 CA$2.09

$1.26 CA$1.78

17.46%

Cigarettes 20 Pack (Marlboro, Camel)

$11.53 CA$16.31

$13.97 CA$19.75

-17.47%

Wine (Bottle)

$12.92 CA$18.26

$14.20 CA$20.07

-9.01%

Local Beer (0.5 liter bottle)

$2.43 CA$3.43

$2.25 CA$3.18

8.00%

Imported Beer (0.33 liter bottle)

$1.58 CA$2.23

$2.53 CA$3.58

-37.55%

One-way Ticket (Public Transport)

$2.24 CA$3.16

$2.32 CA$3.28

-3.45%

Public Transport Monthly Pass (Regular Price)

$47.21 CA$66.7

$112 CA$158

-57.72%

Taxi Start (Normal Tariff)

$2.93 CA$4.15

$3.06 CA$4.33

-4.25%

Taxi (Normal Tariff) (1km)

$1.22 CA$1.73

$1.22 CA$1.72

Taxi 1hour Waiting (Normal Tariff)

$20.95 CA$29.62

$21.69 CA$30.66

-3.41%

Gasoline (1 liter)

$1.10 CA$1.56

$1.21 CA$1.72

-9.09%

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

$26.2K CA$37.1K

$26.1K CA$37.0K

0.33%

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

$20.7K CA$29.3K

$21.1K CA$29.9K

-1.89%

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

$138 CA$196

$120 CA$169

15.63%

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

$33.95 CA$47.99

$32.21 CA$45.54

5.40%

Internet (50+ Mbps, Unlimited Data)

$45.07 CA$63.7

$48.88 CA$69.1

-7.79%

Gym Membership (Monthly)

$44.16 CA$62.4

$39.34 CA$55.6

12.25%

Tennis Court (1 Hour on Weekend)

$14.28 CA$20.19

$23.58 CA$33.34

-39.44%

Cinema Ticket

$11.47 CA$16.22

$12.58 CA$17.79

-8.82%

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

$344 CA$487

$832 CA$1,176

-58.59%

International Primary School, 1 Child (Yearly)

$10.8K CA$15.3K

$23.6K CA$33.4K

-54.14%

Jeans (Levis 501 Or Similar)

$43.01 CA$60.8

$52.3 CA$73.9

-17.73%

Summer Dress (H&M, Zara, etc)

$37.82 CA$53.5

$39.44 CA$55.8

-4.11%

Sport Shoes (Adidas, Nike)

$84.5 CA$120

$99.0 CA$140

-14.61%

Men's Leather Business Shoes

$73.7 CA$104

$122 CA$172

-39.57%

1-bedroom Apartment, City Center (Monthly)

$1,368 CA$1,934

$1,631 CA$2,306

-16.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,202 CA$1,699

$1,448 CA$2,048

-17.04%

3-bedroom Apartment, City Center (Monthly)

$2,060 CA$2,913

$2,737 CA$3,869

-24.73%

3-bedroom Apartment, Outside City Center (Monthly)

$1,832 CA$2,590

$2,129 CA$3,010

-13.96%

Buy Apartment in City Center (m2)

$6,455 CA$9,126

$8,206 CA$11.6K

-21.34%

Buy Apartment Outside City Center (m2)

$6,287 CA$8,888

$6,838 CA$9,666

-8.06%

Average Monthly Net Salary (After Tax)

$3,068 CA$4,338

$3,520 CA$4,976

-12.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.55

4.47

1.79%

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

Last update for Peterborough: 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

Peterborough

$1.2K 54%

Toronto

$1.4K 55.5% 20.5% $247

Groceries & Markets

Peterborough

$336 15.1%

Toronto

$343 13.1% 2.2% $7.2

Eating Out

Peterborough

$231 10.4%

Toronto

$283 10.9% 22.3% $52

Monthly Utilities & Internet

Peterborough

$217 9.8%

Toronto

$201 7.7% 7.7% $17

Clothing & Footwear

Peterborough

$108 4.8%

Toronto

$141 5.4% 30.8% $33

Sport & Entertainment

Peterborough

$67 3%

Toronto

$65 2.5% 3.9% $2.6

Getting Around

Peterborough

$65 2.9%

Toronto

$130 5% 99.6% $65

Cost Breakdown

A one-bedroom apartment in the center runs $1,368 in Peterborough and $1,631 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays 15% 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: $70.0 in Peterborough vs $79.0 in Toronto for a mid-range dinner for two. Groceries echo the gap at $336 vs $343 per month, with Peterborough cheaper across the board.

Good to know

🇨🇦 Peterborough

🇨🇦 Toronto

🕒 Local time

06:48 6:48 AM

Same time as Peterborough

🌤 Weather

👥 Population

81,032

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

On the map

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Peterborough Toronto 110 km

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Peterborough
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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

Peterborough vs Toronto: Cost of Living - Frequently Asked Questions

Peterborough is cheaper overall, especially in groceries, eating out, and clothing. The 17% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 15% 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: $1,368 in Peterborough versus $1,631 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Peterborough runs roughly 136% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $344 in Peterborough versus $832 in Toronto. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $2,226 in Peterborough versus $2,610 in Toronto, a $2,500 budget is realistic in Peterborough but tight or insufficient in Toronto. The gap between the two cities makes Peterborough the clear choice for anyone on this budget.

For families, Peterborough is more practical. Housing and childcare are both notably cheaper than in Toronto, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Peterborough gentler on the wallet – expenses run 17% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.