Last update: Oct 2026

Cost of Living Comparison Between Toronto and Lake Oswego, OR

For one person, living costs are similar in Toronto and in Lake Oswego, OR: $2,561 and $2,466 a month, rent and utilities included.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
119

Cost of Living Index in Lake Oswego, OR
Learn more

Lake Oswego, OR Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,561

/mo nomad

Lake Oswego, OR

🇺🇸 United States

$2,466

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Lake Oswego, OR

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Toronto and in Lake Oswego, OR actually costs, broken down by who's living it.

A single person spends $2,561 per month in Toronto vs $2,466 in Lake Oswego, OR, rent included.

Toronto $2,561
Lake Oswego, OR $2,466

A couple spends around $3,694 per month in Toronto vs $3,653 in Lake Oswego, OR, rent included.

Toronto $3,694
Lake Oswego, OR $3,653

A family of three spends $4,826 per month in Toronto vs $4,840 in Lake Oswego, OR, rent included.

Toronto $4,826
Lake Oswego, OR $4,840

Toronto costs about 4% more than Lake Oswego, OR, and outside of rent the biggest gap is in transport.

Both Toronto and Lake Oswego, OR sit above the global median – Toronto by 90%, Lake Oswego, OR by 83%.

Meal at Budget Restaurant

$17.18 CA$24.29

$21.65 $21.65

-20.65%

Three-Course Dinner for Two, Mid-Range

$76.0 CA$107

$88.7 $88.7

-14.36%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.89

$10.90 $10.90

-3.30%

Cappuccino

$4.02 CA$5.68

$5.79 $5.79

-30.57%

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

$2.12 CA$3.00

$3.05 $3.05

-30.49%

Water (0.33 liter bottle)

$1.75 CA$2.48

$2.02 $2.02

-13.37%

Local Beer (0.5 liter draught)

$6.24 CA$8.83

$6.53 $6.53

-4.44%

Imported Beer (0.33 liter bottle)

$7.09 CA$10.02

$5.86 $5.86

20.99%

Milk (1 liter)

$2.44 CA$3.45

$1.03 $1.03

136.89%

White Bread (500g)

$2.68 CA$3.78

$3.99 $3.99

-32.83%

Rice (white) (1kg)

$2.24 CA$3.17

$5.38 $5.38

-58.36%

Eggs

$3.56 CA$5.03

$4.35 $4.35

-18.16%

Local Cheese (1kg)

$9.09 CA$12.85

$11.10 $11.10

-18.11%

Chicken Fillets (1kg)

$11.33 CA$16.01

$10.53 $10.53

7.60%

Beef Round Steak (1kg)

$14.53 CA$20.55

$17.40 $17.40

-16.49%

Apples (1kg)

$3.62 CA$5.12

$3.69 $3.69

-1.90%

Banana (1kg)

$1.21 CA$1.72

$1.50 $1.50

-19.33%

Oranges (1kg)

$3.60 CA$5.09

$2.79 $2.79

29.03%

Tomato (1kg)

$4.21 CA$5.96

$2.57 $2.57

63.81%

Potato (1kg)

$1.79 CA$2.53

$2.13 $2.13

-15.96%

Onion (1kg)

$1.59 CA$2.25

$1.79 $1.79

-11.17%

Lettuce (1 head)

$2.27 CA$3.21

$1.93 $1.93

17.62%

Water (1.5 liter bottle)

$1.25 CA$1.77

$1.78 $1.78

-29.78%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 CA$19.53

$11.14 $11.14

24.06%

Wine (Bottle)

$14.27 CA$20.18

$10.95 $10.95

30.32%

Local Beer (0.5 liter bottle)

$2.20 CA$3.10

$1.76 $1.76

25.00%

Imported Beer (0.33 liter bottle)

$2.43 CA$3.44

$3.61 $3.61

-32.69%

One-way Ticket (Public Transport)

$2.39 CA$3.38

$1.98 $1.98

20.71%

Public Transport Monthly Pass (Regular Price)

$111 CA$157

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$4.51 $4.51

-35.48%

Taxi (Normal Tariff) (1km)

$1.20 CA$1.69

$0.74 $0.74

62.16%

Taxi 1hour Waiting (Normal Tariff)

$21.38 CA$30.23

$23.86 $23.86

-10.39%

Gasoline (1 liter)

$1.21 CA$1.71

$1.25 $1.25

-3.20%

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

$28.2K CA$39.8K

$34.1K $34.1K

-17.35%

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

$20.3K CA$28.6K

$24.2K $24.2K

-16.42%

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

$120 CA$170

$151 $151

-20.06%

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

$32.26 CA$45.60

$46.45 $46.45

-30.55%

Internet (50+ Mbps, Unlimited Data)

$47.93 CA$67.8

$63.5 $63.5

-24.50%

Gym Membership (Monthly)

$38.48 CA$54.4

$42.10 $42.10

-8.60%

Tennis Court (1 Hour on Weekend)

$22.96 CA$32.46

Cinema Ticket

$12.38 CA$17.50

$14.83 $14.83

-16.52%

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

$830 CA$1,173

$1,352 $1,352

-38.59%

International Primary School, 1 Child (Yearly)

$23.1K CA$32.6K

$12.1K $12.1K

90.45%

Jeans (Levis 501 Or Similar)

$50.7 CA$71.7

$40.20 $40.20

26.14%

Summer Dress (H&M, Zara, etc)

$40.02 CA$56.6

$30.33 $30.33

31.95%

Sport Shoes (Adidas, Nike)

$98.0 CA$139

$85.9 $85.9

14.04%

Men's Leather Business Shoes

$121 CA$171

$83.9 $83.9

43.73%

1-bedroom Apartment, City Center (Monthly)

$1,592 CA$2,251

$1,586 $1,586

0.36%

1-bedroom Apartment, Outside City Center (Monthly)

$1,410 CA$1,994

$1,313 $1,313

7.39%

3-bedroom Apartment, City Center (Monthly)

$2,670 CA$3,775

$2,506 $2,506

6.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,152 CA$3,042

$2,165 $2,165

-0.62%

Buy Apartment in City Center (m2)

$7,945 CA$11.2K

$2,743 $2,743

189.62%

Buy Apartment Outside City Center (m2)

$6,542 CA$9,249

$2,429 $2,429

169.29%

Average Monthly Net Salary (After Tax)

$3,727 CA$5,269

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.67

-32.98%

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

Last update for Toronto: October 12, 2026

Last update for Lake Oswego, OR: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Toronto

$1.4K 55.1%

Lake Oswego, OR

$1.3K 53.3% 6.9% $97

Groceries & Markets

Toronto

$340 13.3%

Lake Oswego, OR

$356 14.4% 4.7% $16

Eating Out

Toronto

$278 10.9%

Lake Oswego, OR

$340 13.8% 22.2% $62

Monthly Utilities & Internet

Toronto

$201 7.8%

Lake Oswego, OR

$260 10.6% 29.9% $60

Clothing & Footwear

Toronto

$139 5.4%

Lake Oswego, OR

$108 4.4% 22.3% $31

Getting Around

Toronto

$129 5.1%

Lake Oswego, OR

$16 * 0.7% 87.5% $113

Sport & Entertainment

Toronto

$63 2.5%

Lake Oswego, OR

$72 2.9% 13.5% $8.5

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,592 in Toronto versus $1,586 in Lake Oswego, OR. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $76.0 in Toronto versus $89.0 in Lake Oswego, OR. Monthly groceries follow the same trend: $340 vs $356 – making Toronto the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇺🇸 Lake Oswego, OR

🕒 Local time

16:26 4:26 PM

13:26 1:26 PM

3 h behind Toronto

🌤 Weather

👥 Population

2,731,571

40,731

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Lake Oswego, OR 3,390 km ≈ 4 h 45 min nonstop flight

From you

Toronto
Lake Oswego, OR

Distances are measured in a straight line. Your location is detected approximately.

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 Lake Oswego, OR: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 4%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,841 per month in Toronto and $3,698 in Lake Oswego, OR. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lake Oswego, OR, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,561 in Toronto and $2,466 in Lake Oswego, OR. That's a gap of about 4%.

Kindergarten costs $830 per month in Toronto and $1,352 in Lake Oswego, OR. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,500 is a stretch for both – monthly costs hit $2,561 in Toronto and $2,466 in Lake Oswego, OR. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Lake Oswego, OR – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Lake Oswego, OR. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.