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 $2,620 per month in Toronto vs $2,354 in North Bay, rent included.

A couple spends around $3,866 per month in Toronto vs $3,570 in North Bay, rent included.

A family of three spends $5,111 per month in Toronto vs $4,785 in North Bay, rent included.

Toronto costs about 11% more than North Bay, driven mainly by Getting Around.

Both Toronto and North Bay sit above the global median – Toronto by 90%, North Bay by 71%.

Meal at Budget Restaurant

$17.85 CA$24.75

$17.84 CA$24.75

0.06%

Three-Course Dinner for Two, Mid-Range

$86.8 CA$120

$88.0 CA$122

-1.36%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.17

$10.68 CA$14.82

2.43%

Cappuccino

$4.01 CA$5.57

$3.93 CA$5.45

2.04%

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

$2.19 CA$3.04

$2.17 CA$3.02

0.92%

Water (0.33 liter bottle)

$1.69 CA$2.34

$1.69 CA$2.35

Local Beer (0.5 liter draught)

$6.45 CA$8.94

$5.17 CA$7.18

24.76%

Imported Beer (0.33 liter bottle)

$7.05 CA$9.77

$6.86 CA$9.51

2.77%

Milk (1 liter)

$2.71 CA$3.77

$2.59 CA$3.59

4.63%

White Bread (500g)

$2.92 CA$4.05

$2.90 CA$4.03

0.69%

Rice (white) (1kg)

$2.48 CA$3.44

Eggs

$3.85 CA$5.34

$3.92 CA$5.44

-1.79%

Local Cheese (1kg)

$10.10 CA$14.01

$10.19 CA$14.13

-0.88%

Chicken Fillets (1kg)

$12.02 CA$16.66

$12.29 CA$17.04

-2.20%

Beef Round Steak (1kg)

$15.61 CA$21.65

$12.44 CA$17.25

25.48%

Apples (1kg)

$3.90 CA$5.41

$3.76 CA$5.22

3.72%

Banana (1kg)

$1.24 CA$1.72

$1.28 CA$1.78

-3.13%

Oranges (1kg)

$3.78 CA$5.24

$3.30 CA$4.57

14.55%

Tomato (1kg)

$4.38 CA$6.08

$4.36 CA$6.04

0.46%

Potato (1kg)

$1.93 CA$2.67

$1.85 CA$2.56

4.32%

Onion (1kg)

$1.50 CA$2.08

Lettuce (1 head)

$2.28 CA$3.17

$2.39 CA$3.32

-4.60%

Water (1.5 liter bottle)

$1.46 CA$2.02

$1.44 CA$2.00

1.39%

Cigarettes 20 Pack (Marlboro, Camel)

$14.52 CA$20.14

$14.43 CA$20.02

0.62%

Wine (Bottle)

$14.42 CA$20.00

$14.32 CA$19.86

0.70%

Local Beer (0.5 liter bottle)

$2.26 CA$3.14

$2.25 CA$3.12

0.44%

Imported Beer (0.33 liter bottle)

$2.59 CA$3.60

$2.58 CA$3.58

0.39%

One-way Ticket (Public Transport)

$2.36 CA$3.28

$2.37 CA$3.29

-0.42%

Public Transport Monthly Pass (Regular Price)

$114 CA$159

$68.5 CA$95.0

66.90%

Taxi Start (Normal Tariff)

$3.16 CA$4.38

$3.10 CA$4.29

1.94%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.74

$1.09 CA$1.52

15.60%

Taxi 1hour Waiting (Normal Tariff)

$22.57 CA$31.30

$22.46 CA$31.15

0.49%

Gasoline (1 liter)

$1.24 CA$1.72

$1.20 CA$1.66

3.33%

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

$27.3K CA$37.9K

$27.4K CA$37.9K

-0.14%

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

$20.7K CA$28.8K

$21.0K CA$29.1K

-1.17%

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

$124 CA$172

$126 CA$174

-1.60%

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

$32.72 CA$45.38

$32.73 CA$45.39

-0.03%

Internet (50+ Mbps, Unlimited Data)

$48.79 CA$67.7

$48.02 CA$66.6

1.60%

Gym Membership (Monthly)

$40.27 CA$55.9

$31.71 CA$43.98

26.99%

Tennis Court (1 Hour on Weekend)

$23.84 CA$33.06

Cinema Ticket

$12.82 CA$17.77

$12.92 CA$17.92

-0.77%

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

$787 CA$1,092

$765 CA$1,061

2.94%

International Primary School, 1 Child (Yearly)

$24.5K CA$34.0K

0.22%

Jeans (Levis 501 Or Similar)

$54.2 CA$75.2

$44.53 CA$61.8

21.81%

Summer Dress (H&M, Zara, etc)

$43.10 CA$59.8

$18.33 CA$25.43

135.13%

Sport Shoes (Adidas, Nike)

$97.9 CA$136

$100 CA$139

-2.22%

Men's Leather Business Shoes

$126 CA$175

$89.4 CA$124

40.98%

1-bedroom Apartment, City Center (Monthly)

$1,660 CA$2,303

$1,347 CA$1,868

23.27%

1-bedroom Apartment, Outside City Center (Monthly)

$1,483 CA$2,057

$1,246 CA$1,727

19.09%

3-bedroom Apartment, City Center (Monthly)

$2,800 CA$3,883

$2,216 CA$3,073

26.35%

3-bedroom Apartment, Outside City Center (Monthly)

$2,157 CA$2,991

$2,141 CA$2,969

0.73%

Buy Apartment in City Center (m2)

$8,381 CA$11.6K

Buy Apartment Outside City Center (m2)

$6,842 CA$9,489

Average Monthly Net Salary (After Tax)

$3,799 CA$5,269

$3,113 CA$4,318

22.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

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

Last update for Toronto: September 6, 2026

Last update for North Bay: September 6, 2026

Cost Breakdown

A central one-bedroom costs $1,660 in Toronto versus $1,347 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 22% 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 $88.0 in North Bay. Groceries tell a different story – $364 in Toronto vs $352 in North Bay – so North Bay 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 11% more than North Bay, with the gap driven mainly by Getting Around. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,930 per month in Toronto and $3,531 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 67% less in North Bay. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $787 per month in Toronto and $765 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 $2,354, than in Toronto at $2,620. 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.