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: $2,768 in Toronto versus $2,422 in Elliot Lake, ON.

Estimated couple costs with rent: $4,066 in Toronto versus $3,490 in Elliot Lake, ON.

Monthly costs for a family of three with rent: $5,364 in Toronto versus $4,557 in Elliot Lake, ON.

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

Both cities are pricier than the global median: Toronto 106% above, Elliot Lake, ON 80% above.

Meal at Budget Restaurant

$18.40 CA$25.20

$16.74 CA$22.93

9.92%

Three-Course Dinner for Two, Mid-Range

$81.3 CA$111

$58.0 CA$79.4

40.27%

Fast Food Meal (McDonalds, etc)

$10.92 CA$14.97

$9.69 CA$13.28

12.69%

Cappuccino

$3.83 CA$5.25

$3.64 CA$4.98

5.22%

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

$2.19 CA$3.01

$2.07 CA$2.84

5.80%

Water (0.33 liter bottle)

$1.64 CA$2.25

$1.70 CA$2.33

-3.53%

Local Beer (0.5 liter draught)

$5.87 CA$8.05

$5.37 CA$7.36

9.31%

Imported Beer (0.33 liter bottle)

$6.74 CA$9.24

$6.76 CA$9.26

-0.30%

Milk (1 liter)

$2.69 CA$3.68

$2.02 CA$2.76

33.17%

White Bread (500g)

$2.78 CA$3.81

$1.96 CA$2.69

41.84%

Rice (white) (1kg)

$3.51 CA$4.81

$5.00 CA$6.86

-29.80%

Eggs

$3.47 CA$4.76

$3.83 CA$5.25

-9.40%

Local Cheese (1kg)

$13.25 CA$18.15

$12.62 CA$17.28

4.99%

Chicken Fillets (1kg)

$12.92 CA$17.70

$16.36 CA$22.41

-21.03%

Beef Round Steak (1kg)

$16.38 CA$22.44

$12.85 CA$17.61

27.47%

Apples (1kg)

$4.03 CA$5.52

$5.59 CA$7.66

-27.91%

Banana (1kg)

$1.17 CA$1.61

$2.01 CA$2.76

-41.79%

Oranges (1kg)

$3.35 CA$4.59

$3.95 CA$5.41

-15.19%

Tomato (1kg)

$4.01 CA$5.50

$4.71 CA$6.45

-14.86%

Potato (1kg)

$2.44 CA$3.34

$4.62 CA$6.32

-47.19%

Onion (1kg)

$2.84 CA$3.90

$3.17 CA$4.34

-10.41%

Lettuce (1 head)

$2.39 CA$3.27

$2.08 CA$2.85

14.90%

Water (1.5 liter bottle)

$1.98 CA$2.71

$2.82 CA$3.87

-29.79%

Cigarettes 20 Pack (Marlboro, Camel)

$14.82 CA$20.31

$14.53 CA$19.91

2.00%

Wine (Bottle)

$14.37 CA$19.68

$13.27 CA$18.18

8.29%

Local Beer (0.5 liter bottle)

$2.77 CA$3.79

$3.31 CA$4.53

-16.31%

Imported Beer (0.33 liter bottle)

$3.30 CA$4.52

$2.05 CA$2.81

60.98%

One-way Ticket (Public Transport)

$2.45 CA$3.35

$2.39 CA$3.27

2.51%

Public Transport Monthly Pass (Regular Price)

$113 CA$155

$62.8 CA$86.0

80.83%

Taxi Start (Normal Tariff)

$3.61 CA$4.95

$3.36 CA$4.60

7.44%

Taxi (Normal Tariff) (1km)

$1.42 CA$1.94

$1.44 CA$1.97

-1.39%

Taxi 1hour Waiting (Normal Tariff)

$25.90 CA$35.48

$35.98 CA$49.29

-28.02%

Gasoline (1 liter)

$1.10 CA$1.50

$1.06 CA$1.46

3.77%

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

$25.5K CA$35.0K

$25.2K CA$34.5K

1.38%

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

$21.0K CA$28.7K

$20.4K CA$27.9K

2.80%

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

$119 CA$163

$105 CA$144

12.53%

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

$37.69 CA$51.6

$49.89 CA$68.4

-24.45%

Internet (50+ Mbps, Unlimited Data)

$54.6 CA$74.7

$80.2 CA$110

-32.02%

Gym Membership (Monthly)

$57.3 CA$78.5

$41.18 CA$56.4

39.05%

Tennis Court (1 Hour on Weekend)

$20.68 CA$28.33

Cinema Ticket

$11.62 CA$15.92

$11.07 CA$15.16

4.97%

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

$1,118 CA$1,531

$730 CA$1,000

53.09%

International Primary School, 1 Child (Yearly)

$18.3K CA$25.0K

$8,856 CA$12.1K

106.44%

Jeans (Levis 501 Or Similar)

$57.3 CA$78.6

$62.4 CA$85.5

-8.10%

Summer Dress (H&M, Zara, etc)

$39.80 CA$54.5

$39.57 CA$54.2

0.58%

Sport Shoes (Adidas, Nike)

$88.4 CA$121

$103 CA$141

-13.95%

Men's Leather Business Shoes

$116 CA$159

$161 CA$221

-28.03%

1-bedroom Apartment, City Center (Monthly)

$1,836 CA$2,516

$1,331 CA$1,823

37.99%

1-bedroom Apartment, Outside City Center (Monthly)

$1,550 CA$2,124

$1,198 CA$1,641

29.39%

3-bedroom Apartment, City Center (Monthly)

$2,991 CA$4,097

$2,043 CA$2,799

46.38%

3-bedroom Apartment, Outside City Center (Monthly)

$2,492 CA$3,415

$1,829 CA$2,506

36.26%

Buy Apartment in City Center (m2)

$8,566 CA$11.7K

$3,886 CA$5,324

120.44%

Buy Apartment Outside City Center (m2)

$6,905 CA$9,460

$3,268 CA$4,477

111.32%

Average Monthly Net Salary (After Tax)

$3,697 CA$5,064

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.59

-21.70%

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

Last update for Toronto: April 13, 2026

Last update for Elliot Lake, ON: April 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,836 in Toronto and $1,331 in Elliot Lake, ON. Housing cost is often the main lever when comparing two cities.

Dining out: $81 in Toronto vs $58 in Elliot Lake, ON. Groceries flip the comparison at $392 vs $422, with Toronto cheaper for home cooking.

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 Eating Out, Getting Around, Sport & Entertainment. The 14% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $4,153 in Toronto and $3,633 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: $1,836 in Toronto versus $1,331 in Elliot Lake, ON. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,768 per month in Toronto versus $2,422 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 81% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,422 in Elliot Lake, ON versus $2,768 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.