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: $2,788 in Toronto versus $2,815 in Mississauga.

Estimated couple costs with rent: $4,110 in Toronto versus $3,983 in Mississauga.

Monthly costs for a family of three with rent: $5,432 in Toronto versus $5,150 in Mississauga.

Living in Toronto costs roughly 1% less than in Mississauga, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Toronto 109% above, Mississauga 111% above.

Meal at Budget Restaurant

$18.51 CA$25.96

$18.07 CA$25.33

2.43%

Three-Course Dinner for Two, Mid-Range

$83.8 CA$118

$80.7 CA$113

3.85%

Fast Food Meal (McDonalds, etc)

$10.97 CA$15.38

$11.08 CA$15.53

-0.99%

Cappuccino

$3.99 CA$5.59

$4.11 CA$5.77

-2.92%

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

$2.11 CA$2.96

$1.62 CA$2.28

30.25%

Water (0.33 liter bottle)

$1.69 CA$2.37

$1.53 CA$2.15

10.46%

Local Beer (0.5 liter draught)

$5.92 CA$8.30

$6.03 CA$8.45

-1.82%

Imported Beer (0.33 liter bottle)

$6.48 CA$9.08

$6.05 CA$8.48

7.11%

Milk (1 liter)

$2.71 CA$3.80

$2.31 CA$3.24

17.32%

White Bread (500g)

$2.85 CA$4.00

$2.47 CA$3.46

15.38%

Rice (white) (1kg)

$3.56 CA$4.99

$2.79 CA$3.92

27.60%

Eggs

$3.54 CA$4.96

$3.77 CA$5.28

-6.10%

Local Cheese (1kg)

$13.26 CA$18.59

$14.15 CA$19.84

-6.29%

Chicken Fillets (1kg)

$13.05 CA$18.29

$11.27 CA$15.81

15.79%

Beef Round Steak (1kg)

$16.77 CA$23.51

$14.56 CA$20.41

15.18%

Apples (1kg)

$4.11 CA$5.77

$3.42 CA$4.80

20.18%

Banana (1kg)

$1.14 CA$1.60

$1.22 CA$1.71

-6.56%

Oranges (1kg)

$3.40 CA$4.76

$2.95 CA$4.14

15.25%

Tomato (1kg)

$4.02 CA$5.64

$3.51 CA$4.93

14.53%

Potato (1kg)

$2.43 CA$3.41

$1.58 CA$2.21

53.80%

Onion (1kg)

$2.94 CA$4.12

$2.58 CA$3.61

13.95%

Lettuce (1 head)

$2.47 CA$3.47

$1.88 CA$2.63

31.38%

Water (1.5 liter bottle)

$1.92 CA$2.69

$1.65 CA$2.31

16.36%

Cigarettes 20 Pack (Marlboro, Camel)

$14.99 CA$21.01

$12.21 CA$17.12

22.77%

Wine (Bottle)

$14.34 CA$20.10

$12.86 CA$18.03

11.51%

Local Beer (0.5 liter bottle)

$2.71 CA$3.80

$2.51 CA$3.52

7.97%

Imported Beer (0.33 liter bottle)

$3.12 CA$4.38

$2.60 CA$3.65

20.00%

One-way Ticket (Public Transport)

$2.45 CA$3.44

$3.00 CA$4.21

-18.33%

Public Transport Monthly Pass (Regular Price)

$113 CA$158

$96.5 CA$135

16.93%

Taxi Start (Normal Tariff)

$3.63 CA$5.08

$3.06 CA$4.29

18.63%

Taxi (Normal Tariff) (1km)

$1.34 CA$1.88

$1.25 CA$1.75

7.20%

Taxi 1hour Waiting (Normal Tariff)

$25.55 CA$35.82

$22.48 CA$31.51

13.66%

Gasoline (1 liter)

$1.11 CA$1.55

$1.14 CA$1.59

-2.63%

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

$25.3K CA$35.4K

$24.9K CA$34.9K

1.41%

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

$21.8K CA$30.5K

$21.0K CA$29.4K

3.76%

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

$117 CA$164

$176 CA$246

-33.58%

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

$37.60 CA$52.7

$42.67 CA$59.8

-11.88%

Internet (50+ Mbps, Unlimited Data)

$53.7 CA$75.3

$52.1 CA$73.1

2.99%

Gym Membership (Monthly)

$57.1 CA$80.1

$45.24 CA$63.4

26.22%

Tennis Court (1 Hour on Weekend)

$20.86 CA$29.24

$23.19 CA$32.51

-10.05%

Cinema Ticket

$11.56 CA$16.20

$14.02 CA$19.65

-17.55%

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

$1,125 CA$1,577

$427 CA$598

163.66%

International Primary School, 1 Child (Yearly)

$18.4K CA$25.9K

$11.1K CA$15.5K

66.81%

Jeans (Levis 501 Or Similar)

$57.3 CA$80.4

$45.78 CA$64.2

25.21%

Summer Dress (H&M, Zara, etc)

$39.05 CA$54.8

$44.10 CA$61.8

-11.45%

Sport Shoes (Adidas, Nike)

$87.6 CA$123

$86.4 CA$121

1.34%

Men's Leather Business Shoes

$114 CA$159

$104 CA$146

9.25%

1-bedroom Apartment, City Center (Monthly)

$1,842 CA$2,582

$1,898 CA$2,660

-2.95%

1-bedroom Apartment, Outside City Center (Monthly)

$1,531 CA$2,146

$1,616 CA$2,265

-5.25%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,101

$2,646 CA$3,710

10.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,502 CA$3,508

$2,351 CA$3,297

6.42%

Buy Apartment in City Center (m2)

$8,725 CA$12.2K

$7,740 CA$10.9K

12.74%

Buy Apartment Outside City Center (m2)

$6,867 CA$9,628

$6,280 CA$8,804

9.35%

Average Monthly Net Salary (After Tax)

$3,454 CA$4,842

$3,071 CA$4,305

12.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.08

-15.13%

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

Last update for Toronto: July 11, 2026

Last update for Mississauga: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,842 in Toronto and $1,898 in Mississauga. Housing cost is often the main lever when comparing two cities.

Toronto pays 12% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $84.0 in Toronto vs $81.0 in Mississauga for a mid-range dinner for two. Groceries echo the gap at $395 vs $351 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 1% in total monthly costs ($2,788 vs $2,815 including rent). Toronto is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 12% 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: $1,842 in Toronto versus $1,898 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 $84.0 versus $81.0 in Mississauga. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,788 per month in Toronto versus $2,815 in Mississauga – a 1% 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 1% less than in Mississauga. Beyond cost, consider language, visa policies, and how big the international community is in each city.