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: $2,811 in Toronto versus $2,407 in Elliot Lake, ON.

Estimated couple costs with rent: $4,130 in Toronto versus $3,498 in Elliot Lake, ON.

Monthly costs for a family of three with rent: $5,449 in Toronto versus $4,589 in Elliot Lake, ON.

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

Both cities are pricier than the global median: Toronto 110% above, Elliot Lake, ON 80% above.

Meal at Budget Restaurant

$18.71 CA$26.02

$16.84 CA$23.42

11.10%

Three-Course Dinner for Two, Mid-Range

$81.9 CA$114

$58.7 CA$81.6

39.57%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.06

$9.50 CA$13.22

14.00%

Cappuccino

$3.89 CA$5.41

$3.58 CA$4.97

8.66%

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

$2.22 CA$3.09

$2.17 CA$3.01

2.30%

Water (0.33 liter bottle)

$1.65 CA$2.29

$1.79 CA$2.48

-7.82%

Local Beer (0.5 liter draught)

$6.05 CA$8.41

$5.42 CA$7.54

11.62%

Imported Beer (0.33 liter bottle)

$6.58 CA$9.15

$6.61 CA$9.20

-0.45%

Milk (1 liter)

$2.73 CA$3.79

$2.01 CA$2.80

35.82%

White Bread (500g)

$2.72 CA$3.78

$2.05 CA$2.86

32.68%

Rice (white) (1kg)

$3.54 CA$4.92

$4.91 CA$6.83

-27.90%

Eggs

$3.50 CA$4.87

$3.68 CA$5.12

-4.89%

Local Cheese (1kg)

$13.53 CA$18.81

$12.86 CA$17.89

5.21%

Chicken Fillets (1kg)

$13.09 CA$18.20

$15.81 CA$21.98

-17.20%

Beef Round Steak (1kg)

$16.96 CA$23.59

$13.19 CA$18.34

28.58%

Apples (1kg)

$4.16 CA$5.79

$5.45 CA$7.57

-23.67%

Banana (1kg)

$1.18 CA$1.64

$1.93 CA$2.69

-38.86%

Oranges (1kg)

$3.25 CA$4.52

$3.81 CA$5.30

-14.70%

Tomato (1kg)

$4.12 CA$5.73

$4.66 CA$6.48

-11.59%

Potato (1kg)

$2.50 CA$3.48

$4.53 CA$6.30

-44.81%

Onion (1kg)

$2.88 CA$4.00

$3.18 CA$4.43

-9.43%

Lettuce (1 head)

$2.35 CA$3.27

$2.08 CA$2.89

12.98%

Water (1.5 liter bottle)

$2.00 CA$2.78

$2.87 CA$3.99

-30.31%

Cigarettes 20 Pack (Marlboro, Camel)

$14.58 CA$20.28

$14.87 CA$20.68

-1.95%

Wine (Bottle)

$14.18 CA$19.71

$12.50 CA$17.38

13.44%

Local Beer (0.5 liter bottle)

$2.80 CA$3.89

$3.27 CA$4.54

-14.37%

Imported Beer (0.33 liter bottle)

$3.25 CA$4.53

$2.12 CA$2.95

53.30%

One-way Ticket (Public Transport)

$2.40 CA$3.34

$2.35 CA$3.27

2.13%

Public Transport Monthly Pass (Regular Price)

$114 CA$159

$63.1 CA$87.7

80.89%

Taxi Start (Normal Tariff)

$3.76 CA$5.22

$3.39 CA$4.72

10.91%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.96

$1.48 CA$2.06

-4.73%

Taxi 1hour Waiting (Normal Tariff)

$25.53 CA$35.50

$35.39 CA$49.22

-27.86%

Gasoline (1 liter)

$1.10 CA$1.53

$1.07 CA$1.49

2.80%

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

$25.2K CA$35.1K

$25.3K CA$35.2K

-0.16%

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

$21.1K CA$29.3K

$20.7K CA$28.8K

1.84%

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

$120 CA$166

$106 CA$147

12.87%

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

$37.54 CA$52.2

$49.25 CA$68.5

-23.78%

Internet (50+ Mbps, Unlimited Data)

$54.5 CA$75.8

$78.1 CA$109

-30.15%

Gym Membership (Monthly)

$55.5 CA$77.2

$41.79 CA$58.1

32.83%

Tennis Court (1 Hour on Weekend)

$21.15 CA$29.41

Cinema Ticket

$11.56 CA$16.07

$11.18 CA$15.55

3.40%

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

$1,129 CA$1,571

$727 CA$1,011

55.28%

International Primary School, 1 Child (Yearly)

$18.0K CA$25.0K

$8,881 CA$12.4K

102.37%

Jeans (Levis 501 Or Similar)

$56.9 CA$79.2

$62.9 CA$87.5

-9.51%

Summer Dress (H&M, Zara, etc)

$39.96 CA$55.6

$39.46 CA$54.9

1.27%

Sport Shoes (Adidas, Nike)

$89.7 CA$125

$103 CA$143

-12.73%

Men's Leather Business Shoes

$114 CA$159

$164 CA$228

-30.41%

1-bedroom Apartment, City Center (Monthly)

$1,849 CA$2,572

$1,299 CA$1,806

42.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,560 CA$2,169

$1,161 CA$1,615

34.29%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,068

$2,025 CA$2,816

44.48%

3-bedroom Apartment, Outside City Center (Monthly)

$2,470 CA$3,435

$1,785 CA$2,482

38.41%

Buy Apartment in City Center (m2)

$9,085 CA$12.6K

$4,846 CA$6,740

87.45%

Buy Apartment Outside City Center (m2)

$7,036 CA$9,785

$3,893 CA$5,415

80.71%

Average Monthly Net Salary (After Tax)

$3,572 CA$4,967

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: May 31, 2026

Last update for Elliot Lake, ON: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,849 in Toronto and $1,299 in Elliot Lake, ON. Housing cost is often the main lever when comparing two cities.

Dining out: $82.0 in Toronto vs $59.0 in Elliot Lake, ON. Groceries flip the comparison at $396 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 $4,216 in Toronto and $3,611 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: $1,849 in Toronto versus $1,299 in Elliot Lake, ON. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,811 per month in Toronto versus $2,407 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 81% less than in Toronto. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,407 in Elliot Lake, ON versus $2,811 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.