Cost of Living Comparison Between Toronto and Elliot Lake, ON Cost of Living Comparison Between Toronto and Elliot Lake, ON

Monthly Cost of Living

Monthly costs for one person with rent: $2,628 in Toronto versus $2,300 in Elliot Lake, ON.

Estimated couple costs with rent: $3,848 in Toronto versus $3,315 in Elliot Lake, ON.

Monthly costs for a family of three with rent: $5,067 in Toronto versus $4,330 in Elliot Lake, ON.

Living in Toronto is roughly 14% more expensive than in Elliot Lake, ON, driven mainly by Getting Around.

Both cities are pricier than the global median: Toronto 91% above, Elliot Lake, ON 67% above.

Meal at Budget Restaurant

$17.88 CA$24.75

$17.76 CA$24.57

0.68%

Three-Course Dinner for Two, Mid-Range

$87.9 CA$122

$67.6 CA$93.5

30.10%

Fast Food Meal (McDonalds, etc)

$10.93 CA$15.13

$10.64 CA$14.72

2.73%

Cappuccino

$4.06 CA$5.62

$3.75 CA$5.19

8.27%

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

$2.18 CA$3.02

$2.11 CA$2.92

3.32%

Water (0.33 liter bottle)

$1.70 CA$2.35

$1.67 CA$2.31

1.80%

Local Beer (0.5 liter draught)

$6.69 CA$9.25

$5.52 CA$7.63

21.20%

Imported Beer (0.33 liter bottle)

$7.35 CA$10.16

$5.71 CA$7.90

28.72%

Milk (1 liter)

$2.78 CA$3.85

$2.20 CA$3.04

26.36%

White Bread (500g)

$2.89 CA$4.00

$2.52 CA$3.49

14.68%

Rice (white) (1kg)

$2.56 CA$3.55

$3.33 CA$4.61

-23.12%

Eggs

$3.79 CA$5.24

$3.05 CA$4.21

24.26%

Local Cheese (1kg)

$10.17 CA$14.07

$8.81 CA$12.19

15.44%

Chicken Fillets (1kg)

$11.95 CA$16.53

$11.98 CA$16.58

-0.25%

Beef Round Steak (1kg)

$16.12 CA$22.31

$12.66 CA$17.52

27.33%

Apples (1kg)

$3.89 CA$5.39

$4.33 CA$6.00

-10.16%

Banana (1kg)

$1.27 CA$1.76

$1.54 CA$2.13

-17.53%

Oranges (1kg)

$3.88 CA$5.37

$3.64 CA$5.03

6.59%

Tomato (1kg)

$4.33 CA$5.99

$3.97 CA$5.50

9.07%

Potato (1kg)

$1.83 CA$2.53

$2.88 CA$3.99

-36.46%

Onion (1kg)

$1.50 CA$2.07

$2.04 CA$2.83

-26.47%

Lettuce (1 head)

$2.28 CA$3.15

$2.15 CA$2.97

6.05%

Water (1.5 liter bottle)

$1.44 CA$1.99

$1.56 CA$2.16

-7.69%

Cigarettes 20 Pack (Marlboro, Camel)

$14.20 CA$19.64

$16.13 CA$22.31

-11.97%

Wine (Bottle)

$14.24 CA$19.71

$12.60 CA$17.44

13.02%

Local Beer (0.5 liter bottle)

$2.25 CA$3.11

$2.62 CA$3.63

-14.12%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.50

$2.85 CA$3.94

-11.23%

One-way Ticket (Public Transport)

$2.47 CA$3.42

$2.38 CA$3.30

3.78%

Public Transport Monthly Pass (Regular Price)

$112 CA$155

$56.8 CA$78.6

97.22%

Taxi Start (Normal Tariff)

$3.05 CA$4.22

$2.72 CA$3.76

12.13%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.71

$1.47 CA$2.03

-15.65%

Taxi 1hour Waiting (Normal Tariff)

$22.44 CA$31.05

$21.23 CA$29.37

5.70%

Gasoline (1 liter)

$1.24 CA$1.71

$1.14 CA$1.57

8.77%

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

$27.5K CA$38.1K

$25.9K CA$35.8K

6.40%

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

$21.1K CA$29.3K

$19.5K CA$27.0K

8.24%

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

$128 CA$177

$151 CA$209

-15.55%

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

$33.79 CA$46.75

$42.52 CA$58.8

-20.53%

Internet (50+ Mbps, Unlimited Data)

$49.25 CA$68.2

$56.4 CA$78.0

-12.63%

Gym Membership (Monthly)

$40.93 CA$56.6

$46.36 CA$64.2

-11.71%

Tennis Court (1 Hour on Weekend)

$24.62 CA$34.07

$17.00 CA$23.52

44.82%

Cinema Ticket

$13.16 CA$18.21

$13.06 CA$18.07

0.77%

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

$792 CA$1,097

$726 CA$1,004

9.22%

International Primary School, 1 Child (Yearly)

$24.1K CA$33.4K

$13.9K CA$19.2K

73.80%

Jeans (Levis 501 Or Similar)

$54.5 CA$75.4

$59.0 CA$81.6

-7.58%

Summer Dress (H&M, Zara, etc)

$43.11 CA$59.7

$40.16 CA$55.6

7.35%

Sport Shoes (Adidas, Nike)

$102 CA$140

$99.2 CA$137

2.28%

Men's Leather Business Shoes

$123 CA$171

$109 CA$151

12.90%

1-bedroom Apartment, City Center (Monthly)

$1,653 CA$2,287

$1,292 CA$1,788

27.95%

1-bedroom Apartment, Outside City Center (Monthly)

$1,452 CA$2,009

$1,282 CA$1,774

13.22%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,728

$1,900 CA$2,629

41.83%

3-bedroom Apartment, Outside City Center (Monthly)

$2,149 CA$2,974

$1,603 CA$2,218

34.08%

Buy Apartment in City Center (m2)

$8,347 CA$11.6K

$4,553 CA$6,300

83.34%

Buy Apartment Outside City Center (m2)

$6,816 CA$9,431

$3,851 CA$5,328

77.01%

Average Monthly Net Salary (After Tax)

$3,614 CA$5,001

20-Year Fixed Mortgage Interest Rate (Annual %)

4.49

4.68

-4.06%

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

Last update for Toronto: August 30, 2026

Last update for Elliot Lake, ON: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,653 in Toronto and $1,292 in Elliot Lake, ON. Housing cost is often the main lever when comparing two cities.

Dining out: $88.0 in Toronto vs $68.0 in Elliot Lake, ON for a mid-range dinner for two. Groceries echo the gap at $365 vs $346 per month, with Elliot Lake, ON 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

Toronto vs Elliot Lake, ON: Cost of Living - Frequently Asked Questions

Elliot Lake, ON is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Getting Around. The 14% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $3,942 in Toronto and $3,450 in Elliot Lake, ON to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,653 in Toronto versus $1,292 in Elliot Lake, ON. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,628 per month in Toronto versus $2,300 in Elliot Lake, ON – a 14% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Elliot Lake, ON runs roughly 97% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,300 in Elliot Lake, ON versus $2,628 in Toronto, a $2,500 budget is realistic in Elliot Lake, ON but tight or insufficient in Toronto. The gap between the two cities makes Elliot Lake, ON the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Elliot Lake, ON gentler on the wallet – expenses run 14% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.