Cost of Living Comparison Between Toronto and North Bay Cost of Living Comparison Between Toronto and North Bay

Monthly Cost of Living

A single person spends $2,754 per month in Toronto vs $2,404 in North Bay, rent included.

A couple spends around $4,024 per month in Toronto vs $3,593 in North Bay, rent included.

A family of three spends $5,294 per month in Toronto vs $4,782 in North Bay, rent included.

Toronto costs about 15% more than North Bay, driven mainly by Eating Out.

Both Toronto and North Bay sit above the global median – Toronto by 106%, North Bay by 80%.

Meal at Budget Restaurant

$18.87 CA$25.86

$14.94 CA$20.47

26.31%

Three-Course Dinner for Two, Mid-Range

$82.6 CA$113

$82.0 CA$112

0.67%

Fast Food Meal (McDonalds, etc)

$11.19 CA$15.33

$8.82 CA$12.09

26.87%

Cappuccino

$3.83 CA$5.25

$3.21 CA$4.39

19.31%

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

$2.19 CA$3.00

$2.11 CA$2.89

3.79%

Water (0.33 liter bottle)

$1.63 CA$2.24

$1.36 CA$1.86

19.85%

Local Beer (0.5 liter draught)

$5.73 CA$7.85

$5.21 CA$7.14

9.98%

Imported Beer (0.33 liter bottle)

$6.58 CA$9.01

$6.50 CA$8.90

1.23%

Milk (1 liter)

$2.80 CA$3.83

$1.73 CA$2.37

61.85%

White Bread (500g)

$2.77 CA$3.80

$2.33 CA$3.19

18.88%

Rice (white) (1kg)

$3.55 CA$4.86

$6.99 CA$9.57

-49.21%

Eggs

$3.46 CA$4.75

$3.41 CA$4.68

1.47%

Local Cheese (1kg)

$13.39 CA$18.35

$20.93 CA$28.67

-36.02%

Chicken Fillets (1kg)

$12.88 CA$17.64

$17.75 CA$24.31

-27.44%

Beef Round Steak (1kg)

$16.36 CA$22.42

$11.29 CA$15.46

44.91%

Apples (1kg)

$4.14 CA$5.67

$4.61 CA$6.31

-10.20%

Banana (1kg)

$1.14 CA$1.56

$1.41 CA$1.93

-19.15%

Oranges (1kg)

$3.39 CA$4.65

$3.68 CA$5.04

-7.88%

Tomato (1kg)

$4.05 CA$5.55

$3.40 CA$4.66

19.12%

Potato (1kg)

$2.53 CA$3.47

$2.42 CA$3.31

4.55%

Onion (1kg)

$2.82 CA$3.87

$2.08 CA$2.85

35.58%

Lettuce (1 head)

$2.46 CA$3.38

$3.00 CA$4.11

-18.00%

Water (1.5 liter bottle)

$1.97 CA$2.70

$2.74 CA$3.76

-28.10%

Cigarettes 20 Pack (Marlboro, Camel)

$14.78 CA$20.25

$13.41 CA$18.37

10.22%

Wine (Bottle)

$14.57 CA$19.96

$14.77 CA$20.23

-1.35%

Local Beer (0.5 liter bottle)

$2.67 CA$3.66

$2.52 CA$3.45

5.95%

Imported Beer (0.33 liter bottle)

$3.19 CA$4.37

$3.27 CA$4.48

-2.45%

One-way Ticket (Public Transport)

$2.41 CA$3.30

$2.44 CA$3.34

-1.23%

Public Transport Monthly Pass (Regular Price)

$113 CA$154

$74.9 CA$103

50.32%

Taxi Start (Normal Tariff)

$3.59 CA$4.92

$4.13 CA$5.66

-13.08%

Taxi (Normal Tariff) (1km)

$1.35 CA$1.84

$1.10 CA$1.51

22.73%

Taxi 1hour Waiting (Normal Tariff)

$25.88 CA$35.45

$26.10 CA$35.76

-0.84%

Gasoline (1 liter)

$1.10 CA$1.51

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

$25.1K CA$34.4K

$25.3K CA$34.6K

-0.49%

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

$21.7K CA$29.7K

$19.8K CA$27.1K

9.59%

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

$116 CA$159

$145 CA$199

-19.68%

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

$37.49 CA$51.4

$33.69 CA$46.16

11.28%

Internet (50+ Mbps, Unlimited Data)

$55.1 CA$75.4

$60.4 CA$82.8

-8.89%

Gym Membership (Monthly)

$57.0 CA$78.1

$24.59 CA$33.69

131.88%

Tennis Court (1 Hour on Weekend)

$20.45 CA$28.01

Cinema Ticket

$11.83 CA$16.20

$10.91 CA$14.95

8.43%

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

$1,121 CA$1,536

$912 CA$1,250

22.85%

International Primary School, 1 Child (Yearly)

$18.5K CA$25.3K

$29.2K CA$40.0K

-36.83%

Jeans (Levis 501 Or Similar)

$56.8 CA$77.8

$44.04 CA$60.3

29.00%

Summer Dress (H&M, Zara, etc)

$38.87 CA$53.3

$18.68 CA$25.59

108.08%

Sport Shoes (Adidas, Nike)

$89.4 CA$123

$60.5 CA$82.9

47.84%

Men's Leather Business Shoes

$114 CA$157

$82.5 CA$113

38.51%

1-bedroom Apartment, City Center (Monthly)

$1,844 CA$2,526

$1,401 CA$1,920

31.57%

1-bedroom Apartment, Outside City Center (Monthly)

$1,557 CA$2,133

$1,244 CA$1,704

25.18%

3-bedroom Apartment, City Center (Monthly)

$2,940 CA$4,027

$2,327 CA$3,188

26.32%

3-bedroom Apartment, Outside City Center (Monthly)

$2,432 CA$3,332

$2,111 CA$2,893

15.19%

Buy Apartment in City Center (m2)

$8,557 CA$11.7K

Buy Apartment Outside City Center (m2)

$6,919 CA$9,479

Average Monthly Net Salary (After Tax)

$3,596 CA$4,927

$3,148 CA$4,313

14.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.45

-20.00%

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

Last update for Toronto: April 27, 2026

Last update for North Bay: April 28, 2026

Cost Breakdown

A central one-bedroom costs $1,844 in Toronto versus $1,401 in North Bay. 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 14% 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 $83.0 in Toronto versus $82.0 in North Bay. Groceries tell a different story – $394 in Toronto vs $436 in North Bay – so Toronto wins on supermarket bills even if dining out costs more.

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 North Bay: Cost of Living - Frequently Asked Questions

Toronto costs about 15% more than North Bay, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,132 per month in Toronto and $3,606 in North Bay. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 50% less in North Bay. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,121 per month in Toronto and $912 in North Bay. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in North Bay, where all-in costs run around $2,404, than in Toronto at $2,754. In North Bay it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with North Bay. 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.