Cost of Living Comparison Between Toronto and Meadow Lake, SK Cost of Living Comparison Between Toronto and Meadow Lake, SK

Monthly Cost of Living

A single person spends $2,620 per month in Toronto vs $2,314 in Meadow Lake, SK, rent included.

A couple spends around $3,866 per month in Toronto vs $3,332 in Meadow Lake, SK, rent included.

A family of three spends $5,111 per month in Toronto vs $4,350 in Meadow Lake, SK, rent included.

Toronto costs about 13% more than Meadow Lake, SK, driven mainly by Getting Around.

Both Toronto and Meadow Lake, SK sit above the global median – Toronto by 90%, Meadow Lake, SK by 68%.

Currency
🍽 Eating Out
Toronto
Meadow Lake, SK
Difference
Meal at Budget Restaurant
$17.85 CA$24.75
$16.14 CA$22.39
10.59%
Three-Course Dinner for Two, Mid-Range
$86.8 CA$120
$73.1 CA$101
18.81%
Fast Food Meal (McDonalds, etc)
$10.94 CA$15.17
$9.36 CA$12.98
16.88%
Cappuccino
$4.01 CA$5.57
$3.64 CA$5.05
10.16%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.19 CA$3.04
$2.09 CA$2.89
4.78%
Water (0.33 liter bottle)
$1.69 CA$2.34
$1.80 CA$2.50
-6.11%
Local Beer (0.5 liter draught)
$6.45 CA$8.94
$4.08 CA$5.65
58.09%
Imported Beer (0.33 liter bottle)
$7.05 CA$9.77
$5.78 CA$8.02
21.97%
🛒 Groceries & Markets
Toronto
Meadow Lake, SK
Difference
Milk (1 liter)
$2.71 CA$3.77
$1.25 CA$1.73
116.80%
White Bread (500g)
$2.92 CA$4.05
$2.29 CA$3.18
27.51%
Rice (white) (1kg)
$2.48 CA$3.44
$4.91 CA$6.81
-49.49%
Eggs
$3.85 CA$5.34
$3.61 CA$5.01
6.65%
Local Cheese (1kg)
$10.10 CA$14.01
$8.47 CA$11.75
19.24%
Chicken Fillets (1kg)
$12.02 CA$16.66
$12.05 CA$16.71
-0.25%
Beef Round Steak (1kg)
$15.61 CA$21.65
$16.35 CA$22.68
-4.53%
Apples (1kg)
$3.90 CA$5.41
$3.56 CA$4.93
9.55%
Banana (1kg)
$1.24 CA$1.72
$1.45 CA$2.01
-14.48%
Oranges (1kg)
$3.78 CA$5.24
$4.30 CA$5.96
-12.09%
Tomato (1kg)
$4.38 CA$6.08
$3.31 CA$4.60
32.33%
Potato (1kg)
$1.93 CA$2.67
$2.82 CA$3.91
-31.56%
Onion (1kg)
$1.50 CA$2.08
$1.62 CA$2.25
-7.41%
Lettuce (1 head)
$2.28 CA$3.17
$1.75 CA$2.43
30.29%
Water (1.5 liter bottle)
$1.46 CA$2.02
$1.46 CA$2.03
-
Cigarettes 20 Pack (Marlboro, Camel)
$14.52 CA$20.14
$14.85 CA$20.59
-2.22%
Wine (Bottle)
$14.42 CA$20.00
$14.29 CA$19.82
0.91%
Local Beer (0.5 liter bottle)
$2.26 CA$3.14
$2.83 CA$3.92
-20.14%
Imported Beer (0.33 liter bottle)
$2.59 CA$3.60
$3.43 CA$4.76
-24.49%
🚌 Getting Around
Toronto
Meadow Lake, SK
Difference
One-way Ticket (Public Transport)
$2.36 CA$3.28
$2.42 CA$3.35
-2.48%
Public Transport Monthly Pass (Regular Price)
$114 CA$159
$63.0 CA$87.4
81.39%
Taxi Start (Normal Tariff)
$3.16 CA$4.38
$4.34 CA$6.02
-27.19%
Taxi (Normal Tariff) (1km)
$1.26 CA$1.74
$0.77 CA$1.06
63.64%
Taxi 1hour Waiting (Normal Tariff)
$22.57 CA$31.30
$10.72 CA$14.86
110.54%
Gasoline (1 liter)
$1.24 CA$1.72
$1.10 CA$1.52
12.73%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.3K CA$37.9K
$28.0K CA$38.8K
-2.44%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.7K CA$28.8K
$21.1K CA$29.2K
-1.55%
🧾 Monthly Utilities & Internet
Toronto
Meadow Lake, SK
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$124 CA$172
$210 CA$291
-40.95%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.72 CA$45.38
$50.3 CA$69.7
-34.92%
Internet (50+ Mbps, Unlimited Data)
$48.79 CA$67.7
$61.0 CA$84.6
-20.00%
🎉 Sport & Entertainment
Toronto
Meadow Lake, SK
Difference
Gym Membership (Monthly)
$40.27 CA$55.9
$41.79 CA$58.0
-3.64%
Tennis Court (1 Hour on Weekend)
$23.84 CA$33.06
$18.61 CA$25.81
28.10%
Cinema Ticket
$12.82 CA$17.77
$11.85 CA$16.43
8.19%
🧸 Childcare & Education
Toronto
Meadow Lake, SK
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$787 CA$1,092
$513 CA$712
53.42%
International Primary School, 1 Child (Yearly)
$24.5K CA$34.0K
$15.0K CA$20.8K
63.51%
👕👟 Clothing & Footwear
Toronto
Meadow Lake, SK
Difference
Jeans (Levis 501 Or Similar)
$54.2 CA$75.2
$65.2 CA$90.4
-16.81%
Summer Dress (H&M, Zara, etc)
$43.10 CA$59.8
$44.98 CA$62.4
-4.18%
Sport Shoes (Adidas, Nike)
$97.9 CA$136
$86.3 CA$120
13.51%
Men's Leather Business Shoes
$126 CA$175
$111 CA$154
13.72%
🏠 Accommodation & Living
Toronto
Meadow Lake, SK
Difference
1-bedroom Apartment, City Center (Monthly)
$1,660 CA$2,303
$1,287 CA$1,784
29.03%
1-bedroom Apartment, Outside City Center (Monthly)
$1,483 CA$2,057
$1,155 CA$1,601
28.47%
3-bedroom Apartment, City Center (Monthly)
$2,800 CA$3,883
$1,993 CA$2,765
40.45%
3-bedroom Apartment, Outside City Center (Monthly)
$2,157 CA$2,991
$1,739 CA$2,412
23.98%
Buy Apartment in City Center (m2)
$8,381 CA$11.6K
$4,363 CA$6,052
92.08%
Buy Apartment Outside City Center (m2)
$6,842 CA$9,489
$3,662 CA$5,079
86.83%
💵 Salaries & Financials
Toronto
Meadow Lake, SK
Difference
Average Monthly Net Salary (After Tax)
$3,799 CA$5,269
$2,990 CA$4,147
27.06%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.47
4.8
-6.88%

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

Last update for Toronto: September 6, 2026

Last update for Meadow Lake, SK: September 5, 2026

Cost Breakdown

A central one-bedroom costs $1,660 in Toronto versus $1,287 in Meadow Lake, SK. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 27% higher in Toronto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $87.0 in Toronto versus $73.0 in Meadow Lake, SK. Monthly groceries follow the same trend: $364 vs $350 – making Meadow Lake, SK the more affordable choice for daily food spending.

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 Meadow Lake, SK: Cost of Living - Frequently Asked Questions
Is Meadow Lake, SK cheaper than Toronto?
Yes – Toronto is pricier by about 13%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,930 per month in Toronto and $3,471 in Meadow Lake, SK. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Meadow Lake, SK, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper public transport?
Public transport costs about 81% less in Meadow Lake, SK. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $787 per month in Toronto and $513 in Meadow Lake, SK. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,500 a realistic budget for living in Toronto or in Meadow Lake, SK?
A $2,500 monthly budget goes further in Meadow Lake, SK, where all-in costs run around $2,314, than in Toronto at $2,620. In Meadow Lake, SK it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.
Is Toronto or Meadow Lake, SK more family-friendly?
Families tend to lean toward Meadow Lake, SK – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Meadow Lake, SK. 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.

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