Last update: Oct 2026

Cost of Living Comparison Between Toronto and North Bay

For one person, living is cheaper in North Bay: $2,162 a month against $2,589 in Toronto, rent and utilities included – about $5,100 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
105

Cost of Living Index in North Bay
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North Bay Living Index

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Toronto

🇨🇦 Canada

$2,589

/mo nomad

North Bay

🇨🇦 Canada

$2,162

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in North Bay

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Toronto and in North Bay actually costs, broken down by who's living it.

A single person spends $2,589 per month in Toronto vs $2,162 in North Bay, rent included.

Toronto $2,589
North Bay $2,162

A couple spends around $3,710 per month in Toronto vs $3,060 in North Bay, rent included.

Toronto $3,710
North Bay $3,060

A family of three spends $4,831 per month in Toronto vs $3,957 in North Bay, rent included.

Toronto $4,831
North Bay $3,957

Toronto costs about 20% more than North Bay, and outside of rent the biggest gap is in transport.

Both Toronto and North Bay sit above the global median – Toronto by 90%, North Bay by 59%.

Meal at Budget Restaurant

$17.60 CA$24.62

$17.83 CA$24.93

-1.29%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$77.4 CA$108

0.56%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.81

$10.73 CA$15.00

-1.30%

Cappuccino

$4.16 CA$5.82

$3.98 CA$5.57

4.52%

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

$2.04 CA$2.86

$2.07 CA$2.90

-1.45%

Water (0.33 liter bottle)

$1.75 CA$2.45

$1.76 CA$2.46

-0.57%

Local Beer (0.5 liter draught)

$6.58 CA$9.20

$5.02 CA$7.03

31.08%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.95

$6.81 CA$9.52

4.41%

Milk (1 liter)

$2.53 CA$3.55

$2.56 CA$3.58

-1.17%

White Bread (500g)

$2.70 CA$3.78

$2.72 CA$3.81

-0.74%

Rice (white) (1kg)

$2.24 CA$3.13

Eggs

$3.48 CA$4.87

$3.53 CA$4.94

-1.42%

Local Cheese (1kg)

$9.38 CA$13.11

$9.49 CA$13.28

-1.16%

Chicken Fillets (1kg)

$11.60 CA$16.22

$11.32 CA$15.84

2.47%

Beef Round Steak (1kg)

$14.68 CA$20.54

$12.37 CA$17.31

18.67%

Apples (1kg)

$3.74 CA$5.24

$3.67 CA$5.13

1.91%

Banana (1kg)

$1.22 CA$1.71

$1.22 CA$1.70

Oranges (1kg)

$3.48 CA$4.87

$3.21 CA$4.49

8.41%

Tomato (1kg)

$4.32 CA$6.05

$4.19 CA$5.86

3.10%

Potato (1kg)

$1.85 CA$2.59

$1.85 CA$2.58

Onion (1kg)

$1.69 CA$2.36

$1.68 CA$2.34

0.60%

Lettuce (1 head)

$2.23 CA$3.12

$2.24 CA$3.13

-0.45%

Water (1.5 liter bottle)

$1.28 CA$1.79

$1.26 CA$1.77

1.59%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.64

$14.46 CA$20.22

-2.90%

Wine (Bottle)

$14.43 CA$20.18

$14.26 CA$19.94

1.19%

Local Beer (0.5 liter bottle)

$2.16 CA$3.02

$2.23 CA$3.13

-3.14%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.53

$2.46 CA$3.44

2.44%

One-way Ticket (Public Transport)

$2.37 CA$3.31

$2.28 CA$3.18

3.95%

Public Transport Monthly Pass (Regular Price)

$112 CA$157

$67.4 CA$94.2

66.93%

Taxi Start (Normal Tariff)

$3.04 CA$4.26

$3.08 CA$4.31

-1.30%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.73

$1.13 CA$1.58

9.73%

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.55

$22.26 CA$31.14

1.30%

Gasoline (1 liter)

$1.24 CA$1.74

$1.25 CA$1.75

-0.80%

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

$26.9K CA$37.6K

$26.8K CA$37.5K

0.33%

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

$21.4K CA$29.9K

$21.5K CA$30.1K

-0.46%

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

$125 CA$174

$124 CA$173

0.75%

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

$33.05 CA$46.23

$32.74 CA$45.80

0.95%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.1

$48.00 CA$67.1

-0.08%

Gym Membership (Monthly)

$36.69 CA$51.3

$24.94 CA$34.88

47.11%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.11

Cinema Ticket

$13.08 CA$18.29

$13.09 CA$18.31

-0.08%

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

$759 CA$1,061

$753 CA$1,053

0.76%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.3K

-0.02%

Jeans (Levis 501 Or Similar)

$53.5 CA$74.9

$44.70 CA$62.5

19.78%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.6

$18.18 CA$25.43

122.44%

Sport Shoes (Adidas, Nike)

$100 CA$141

$101 CA$141

-0.67%

Men's Leather Business Shoes

$125 CA$175

$89.3 CA$125

40.17%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,280

$1,457 CA$2,038

11.87%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,980

$1,095 CA$1,532

29.28%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,768

$1,852 CA$2,590

45.50%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,939

$1,475 CA$2,063

42.42%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

Buy Apartment Outside City Center (m2)

$6,674 CA$9,335

Average Monthly Net Salary (After Tax)

$3,543 CA$4,956

$3,108 CA$4,347

14.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

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

Last update for Toronto: October 26, 2026

Last update for North Bay: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Toronto

$1.4K 54.7%

North Bay

$1.1K 50.7% 22.7% $321

Groceries & Markets

Toronto

$345 13.3%

North Bay

$335 15.5% 2.8% $9.7

Eating Out

Toronto

$285 11%

North Bay

$277 12.8% 2.8% $8.1

Monthly Utilities & Internet

Toronto

$206 7.9%

North Bay

$204 9.5% 0.6% $1.2

Clothing & Footwear

Toronto

$144 5.6%

North Bay

$114 5.3% 20.7% $30

Getting Around

Toronto

$131 5.1%

North Bay

$85 3.9% 35% $46

Sport & Entertainment

Toronto

$63 2.4%

North Bay

$51 2.4% 18.7% $12

Cost Breakdown

A central one-bedroom costs $1,630 in Toronto versus $1,457 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 $78 in Toronto versus $77 in North Bay. Monthly groceries follow the same trend: $345 vs $335 – making North Bay the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇨🇦 North Bay

🕒 Local time

22:51 10:51 PM

Same time as Toronto

🌤 Weather

👥 Population

2,731,571

51,553

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.715 USD

1 CAD = 0.642 EUR

1 CAD = 0.715 USD

1 CAD = 0.642 EUR

Exchange rates and currency converter

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City Median Internet Speeds Comparison (Updated April 2026)

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Digital Nomad Cost of Living Index

Toronto vs North Bay: Cost of Living - Frequently Asked Questions

Toronto costs about 20% more than North Bay, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,883 per month in Toronto and $3,243 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: a one-bedroom in the center costs $1,457 there versus $1,630 in Toronto.

Public transport costs about 40% less in North Bay. For daily commuters, that gap adds up to noticeable savings over a year.

Groceries cost about 3% more in Toronto, though the gap depends on what you buy.

$2,000 is a stretch for both – monthly costs hit $2,589 in Toronto and $2,162 in North Bay. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. North Bay has an edge in some lifestyle areas, with costs from $2,162 in North Bay to $2,589 in Toronto. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with North Bay. If higher salaries or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.