Cost of Living Comparison Between Toronto and Mississauga Cost of Living Comparison Between Toronto and Mississauga

Monthly Cost of Living

Monthly costs for one person with rent: $2,620 in Toronto versus $2,665 in Mississauga.

Estimated couple costs with rent: $3,866 in Toronto versus $3,723 in Mississauga.

Monthly costs for a family of three with rent: $5,111 in Toronto versus $4,781 in Mississauga.

Living in Toronto costs roughly 2% less than in Mississauga, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Toronto 90% above, Mississauga 93% above.

Meal at Budget Restaurant

$17.85 CA$24.75

$17.55 CA$24.34

1.71%

Three-Course Dinner for Two, Mid-Range

$86.8 CA$120

$71.8 CA$99.6

20.89%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.17

$10.75 CA$14.91

1.77%

Cappuccino

$4.01 CA$5.57

$3.66 CA$5.08

9.56%

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

$2.19 CA$3.04

$1.78 CA$2.47

23.03%

Water (0.33 liter bottle)

$1.69 CA$2.34

$1.40 CA$1.94

20.71%

Local Beer (0.5 liter draught)

$6.45 CA$8.94

$5.68 CA$7.88

13.56%

Imported Beer (0.33 liter bottle)

$7.05 CA$9.77

$5.84 CA$8.10

20.72%

Milk (1 liter)

$2.71 CA$3.77

$2.73 CA$3.79

-0.73%

White Bread (500g)

$2.92 CA$4.05

$2.78 CA$3.85

5.04%

Rice (white) (1kg)

$2.48 CA$3.44

$2.50 CA$3.47

-0.80%

Eggs

$3.85 CA$5.34

$4.42 CA$6.12

-12.90%

Local Cheese (1kg)

$10.10 CA$14.01

$11.15 CA$15.46

-9.42%

Chicken Fillets (1kg)

$12.02 CA$16.66

$11.24 CA$15.60

6.94%

Beef Round Steak (1kg)

$15.61 CA$21.65

$13.84 CA$19.19

12.79%

Apples (1kg)

$3.90 CA$5.41

$3.36 CA$4.66

16.07%

Banana (1kg)

$1.24 CA$1.72

$1.49 CA$2.07

-16.78%

Oranges (1kg)

$3.78 CA$5.24

$3.52 CA$4.88

7.39%

Tomato (1kg)

$4.38 CA$6.08

$4.17 CA$5.78

5.04%

Potato (1kg)

$1.93 CA$2.67

$1.95 CA$2.70

-1.03%

Onion (1kg)

$1.50 CA$2.08

$2.37 CA$3.29

-36.71%

Lettuce (1 head)

$2.28 CA$3.17

$2.30 CA$3.20

-0.87%

Water (1.5 liter bottle)

$1.46 CA$2.02

$1.52 CA$2.11

-3.95%

Cigarettes 20 Pack (Marlboro, Camel)

$14.52 CA$20.14

$14.89 CA$20.65

-2.48%

Wine (Bottle)

$14.42 CA$20.00

$13.07 CA$18.12

10.33%

Local Beer (0.5 liter bottle)

$2.26 CA$3.14

$2.43 CA$3.37

-7.00%

Imported Beer (0.33 liter bottle)

$2.59 CA$3.60

$2.60 CA$3.60

-0.38%

One-way Ticket (Public Transport)

$2.36 CA$3.28

$2.78 CA$3.86

-15.11%

Public Transport Monthly Pass (Regular Price)

$114 CA$159

$101 CA$139

13.72%

Taxi Start (Normal Tariff)

$3.16 CA$4.38

$3.00 CA$4.16

5.33%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.74

$1.25 CA$1.74

0.80%

Taxi 1hour Waiting (Normal Tariff)

$22.57 CA$31.30

$21.75 CA$30.17

3.77%

Gasoline (1 liter)

$1.24 CA$1.72

$1.19 CA$1.65

4.20%

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

$27.3K CA$37.9K

$29.2K CA$40.4K

-6.29%

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

$20.7K CA$28.8K

$20.7K CA$28.7K

0.15%

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

$124 CA$172

$147 CA$204

-15.89%

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

$32.72 CA$45.38

$35.66 CA$49.46

-8.24%

Internet (50+ Mbps, Unlimited Data)

$48.79 CA$67.7

$47.73 CA$66.2

2.22%

Gym Membership (Monthly)

$40.27 CA$55.9

$38.84 CA$53.9

3.68%

Tennis Court (1 Hour on Weekend)

$23.84 CA$33.06

$35.78 CA$49.62

-33.37%

Cinema Ticket

$12.82 CA$17.77

$11.57 CA$16.04

10.80%

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

$787 CA$1,092

$365 CA$506

115.82%

International Primary School, 1 Child (Yearly)

$24.5K CA$34.0K

$10.7K CA$14.8K

129.68%

Jeans (Levis 501 Or Similar)

$54.2 CA$75.2

$42.51 CA$59.0

27.59%

Summer Dress (H&M, Zara, etc)

$43.10 CA$59.8

$39.09 CA$54.2

10.26%

Sport Shoes (Adidas, Nike)

$97.9 CA$136

$87.1 CA$121

12.35%

Men's Leather Business Shoes

$126 CA$175

$104 CA$144

21.63%

1-bedroom Apartment, City Center (Monthly)

$1,660 CA$2,303

$1,769 CA$2,453

-6.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,483 CA$2,057

$1,479 CA$2,052

0.28%

3-bedroom Apartment, City Center (Monthly)

$2,800 CA$3,883

$2,550 CA$3,536

9.81%

3-bedroom Apartment, Outside City Center (Monthly)

$2,157 CA$2,991

$2,132 CA$2,956

1.17%

Buy Apartment in City Center (m2)

$8,381 CA$11.6K

$7,398 CA$10.3K

13.29%

Buy Apartment Outside City Center (m2)

$6,842 CA$9,489

$5,707 CA$7,915

19.88%

Average Monthly Net Salary (After Tax)

$3,799 CA$5,269

$3,196 CA$4,432

18.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.51

-0.89%

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

Last update for Toronto: September 6, 2026

Last update for Mississauga: September 7, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,660 in Toronto and $1,769 in Mississauga. Housing cost is often the main lever when comparing two cities.

Toronto pays 19% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $87.0 in Toronto vs $72.0 in Mississauga for a mid-range dinner for two. Groceries echo the gap at $364 vs $356 per month, with Mississauga cheaper across the board.

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 Mississauga: Cost of Living - Frequently Asked Questions

Toronto and Mississauga differ by about 2% in total monthly costs ($2,620 vs $2,665 including rent). Toronto is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 19% higher in Toronto, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,660 in Toronto versus $1,769 in Mississauga. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Toronto – a meal for two runs $87.0 versus $72.0 in Mississauga. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,620 per month in Toronto versus $2,665 in Mississauga – a 2% gap that adds up to real savings over time for anyone picking the cheaper option.

Both cities are expensive relative to $2,500. Toronto is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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.

Safety-wise, Toronto and Mississauga are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Toronto gentler on the wallet – expenses run 2% less than in Mississauga. Beyond cost, consider language, visa policies, and how big the international community is in each city.