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: $2,788 in Toronto versus $2,389 in Elliot Lake, ON.

Estimated couple costs with rent: $4,110 in Toronto versus $3,466 in Elliot Lake, ON.

Monthly costs for a family of three with rent: $5,432 in Toronto versus $4,544 in Elliot Lake, ON.

Living in Toronto is roughly 17% more expensive than in Elliot Lake, ON, driven mainly by Getting Around.

Both cities are pricier than the global median: Toronto 109% above, Elliot Lake, ON 79% above.

Meal at Budget Restaurant

$18.51 CA$26.05

$16.62 CA$23.39

11.37%

Three-Course Dinner for Two, Mid-Range

$83.8 CA$118

$59.3 CA$83.5

41.28%

Fast Food Meal (McDonalds, etc)

$10.97 CA$15.44

$9.83 CA$13.83

11.60%

Cappuccino

$3.99 CA$5.61

$3.62 CA$5.10

10.22%

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

$2.11 CA$2.98

$2.15 CA$3.02

-1.86%

Water (0.33 liter bottle)

$1.69 CA$2.38

$1.76 CA$2.47

-3.98%

Local Beer (0.5 liter draught)

$5.92 CA$8.33

$5.62 CA$7.90

5.34%

Imported Beer (0.33 liter bottle)

$6.48 CA$9.11

$6.75 CA$9.49

-4.00%

Milk (1 liter)

$2.71 CA$3.82

$2.01 CA$2.82

34.83%

White Bread (500g)

$2.85 CA$4.02

$2.04 CA$2.87

39.71%

Rice (white) (1kg)

$3.56 CA$5.01

$4.84 CA$6.80

-26.45%

Eggs

$3.54 CA$4.98

$3.70 CA$5.21

-4.32%

Local Cheese (1kg)

$13.26 CA$18.66

$12.93 CA$18.19

2.55%

Chicken Fillets (1kg)

$13.05 CA$18.36

$15.90 CA$22.37

-17.92%

Beef Round Steak (1kg)

$16.77 CA$23.59

$13.10 CA$18.43

28.02%

Apples (1kg)

$4.11 CA$5.79

$5.43 CA$7.64

-24.31%

Banana (1kg)

$1.14 CA$1.60

$1.95 CA$2.74

-41.54%

Oranges (1kg)

$3.40 CA$4.78

$3.78 CA$5.32

-10.05%

Tomato (1kg)

$4.02 CA$5.66

$4.64 CA$6.53

-13.36%

Potato (1kg)

$2.43 CA$3.42

$4.45 CA$6.26

-45.39%

Onion (1kg)

$2.94 CA$4.13

$3.10 CA$4.36

-5.16%

Lettuce (1 head)

$2.47 CA$3.48

$2.12 CA$2.99

16.51%

Water (1.5 liter bottle)

$1.92 CA$2.70

$2.88 CA$4.05

-33.33%

Cigarettes 20 Pack (Marlboro, Camel)

$14.99 CA$21.09

$14.90 CA$20.96

0.60%

Wine (Bottle)

$14.34 CA$20.17

$12.56 CA$17.67

14.17%

Local Beer (0.5 liter bottle)

$2.71 CA$3.81

$3.38 CA$4.76

-19.82%

Imported Beer (0.33 liter bottle)

$3.12 CA$4.39

$2.03 CA$2.86

53.69%

One-way Ticket (Public Transport)

$2.45 CA$3.45

$2.41 CA$3.40

1.66%

Public Transport Monthly Pass (Regular Price)

$113 CA$159

$62.6 CA$88.1

80.12%

Taxi Start (Normal Tariff)

$3.63 CA$5.10

$3.28 CA$4.61

10.67%

Taxi (Normal Tariff) (1km)

$1.34 CA$1.89

$1.42 CA$2.00

-5.63%

Taxi 1hour Waiting (Normal Tariff)

$25.55 CA$35.95

$34.80 CA$48.96

-26.58%

Gasoline (1 liter)

$1.11 CA$1.56

$1.06 CA$1.49

4.72%

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

$25.3K CA$35.6K

$25.0K CA$35.1K

1.19%

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

$21.8K CA$30.6K

$20.3K CA$28.5K

7.42%

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

$117 CA$164

$105 CA$148

11.17%

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

$37.60 CA$52.9

$49.16 CA$69.2

-23.52%

Internet (50+ Mbps, Unlimited Data)

$53.7 CA$75.6

$77.8 CA$110

-31.01%

Gym Membership (Monthly)

$57.1 CA$80.3

$42.50 CA$59.8

34.35%

Tennis Court (1 Hour on Weekend)

$20.86 CA$29.35

Cinema Ticket

$11.56 CA$16.26

$11.19 CA$15.75

3.31%

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

$1,125 CA$1,583

$744 CA$1,047

51.18%

International Primary School, 1 Child (Yearly)

$18.4K CA$25.9K

$8,978 CA$12.6K

105.36%

Jeans (Levis 501 Or Similar)

$57.3 CA$80.7

$62.8 CA$88.3

-8.70%

Summer Dress (H&M, Zara, etc)

$39.05 CA$55.0

$40.35 CA$56.8

-3.22%

Sport Shoes (Adidas, Nike)

$87.6 CA$123

$104 CA$146

-15.89%

Men's Leather Business Shoes

$114 CA$160

$161 CA$227

-29.49%

1-bedroom Apartment, City Center (Monthly)

$1,842 CA$2,591

$1,332 CA$1,875

38.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,531 CA$2,154

$1,170 CA$1,647

30.80%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,116

$1,987 CA$2,795

47.26%

3-bedroom Apartment, Outside City Center (Monthly)

$2,502 CA$3,521

$1,788 CA$2,516

39.94%

Buy Apartment in City Center (m2)

$8,725 CA$12.3K

$4,659 CA$6,556

87.26%

Buy Apartment Outside City Center (m2)

$6,867 CA$9,663

$3,704 CA$5,212

85.39%

Average Monthly Net Salary (After Tax)

$3,454 CA$4,860

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: July 11, 2026

Last update for Elliot Lake, ON: July 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,842 in Toronto and $1,332 in Elliot Lake, ON. Housing cost is often the main lever when comparing two cities.

Dining out: $84.0 in Toronto vs $59.0 in Elliot Lake, ON. Groceries flip the comparison at $395 vs $418, 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 17% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $4,181 in Toronto and $3,584 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: $1,842 in Toronto versus $1,332 in Elliot Lake, ON. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,788 per month in Toronto versus $2,389 in Elliot Lake, ON – a 17% 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 80% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,389 in Elliot Lake, ON versus $2,788 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 17% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.