Last update: Oct 2026

Cost of Living Comparison Between Toronto and Owen Sound

For one person, living is cheaper in Owen Sound: $2,042 a month against $2,589 in Toronto, rent and utilities included – about $6,600 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
Learn more

Toronto Living Index
99

Cost of Living Index in Owen Sound
Learn more

Owen Sound Living Index

Jump to prices

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Owen Sound

🇨🇦 Canada

$2,042

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Owen Sound

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 Owen Sound actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,589 in Toronto versus $2,042 in Owen Sound.

Toronto $2,589
Owen Sound $2,042

Estimated couple costs with rent: $3,710 in Toronto versus $3,127 in Owen Sound.

Toronto $3,710
Owen Sound $3,127

Monthly costs for a family of three with rent: $4,831 in Toronto versus $4,212 in Owen Sound.

Toronto $4,831
Owen Sound $4,212

Living in Toronto is roughly 27% more expensive than in Owen Sound, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Toronto 90% above, Owen Sound 50% above.

Meal at Budget Restaurant

$17.60 CA$24.62

$14.32 CA$20.02

22.91%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$47.61 CA$66.6

63.43%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.81

$9.19 CA$12.86

15.23%

Cappuccino

$4.16 CA$5.82

$3.58 CA$5.01

16.20%

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

$2.04 CA$2.86

$2.12 CA$2.97

-3.77%

Water (0.33 liter bottle)

$1.75 CA$2.45

Local Beer (0.5 liter draught)

$6.58 CA$9.20

$4.33 CA$6.05

51.96%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.95

$5.76 CA$8.06

23.44%

Milk (1 liter)

$2.53 CA$3.55

$2.43 CA$3.40

4.12%

White Bread (500g)

$2.70 CA$3.78

$2.75 CA$3.85

-1.82%

Rice (white) (1kg)

$2.24 CA$3.13

$3.51 CA$4.92

-36.18%

Eggs

$3.48 CA$4.87

$4.36 CA$6.10

-20.18%

Local Cheese (1kg)

$9.38 CA$13.11

$9.87 CA$13.80

-4.96%

Chicken Fillets (1kg)

$11.60 CA$16.22

$16.08 CA$22.49

-27.86%

Beef Round Steak (1kg)

$14.68 CA$20.54

$23.97 CA$33.52

-38.76%

Apples (1kg)

$3.74 CA$5.24

$3.36 CA$4.70

11.31%

Banana (1kg)

$1.22 CA$1.71

$1.85 CA$2.59

-34.05%

Oranges (1kg)

$3.48 CA$4.87

$3.25 CA$4.54

7.08%

Tomato (1kg)

$4.32 CA$6.05

$2.84 CA$3.97

52.11%

Potato (1kg)

$1.85 CA$2.59

$2.39 CA$3.34

-22.59%

Onion (1kg)

$1.69 CA$2.36

$2.63 CA$3.68

-35.74%

Lettuce (1 head)

$2.23 CA$3.12

$2.18 CA$3.05

2.29%

Water (1.5 liter bottle)

$1.28 CA$1.79

$1.28 CA$1.78

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.64

$13.67 CA$19.13

2.71%

Wine (Bottle)

$14.43 CA$20.18

$13.75 CA$19.24

4.95%

Local Beer (0.5 liter bottle)

$2.16 CA$3.02

$4.58 CA$6.41

-52.84%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.53

$4.88 CA$6.83

-48.36%

One-way Ticket (Public Transport)

$2.37 CA$3.31

$2.10 CA$2.94

12.86%

Public Transport Monthly Pass (Regular Price)

$112 CA$157

$62.0 CA$86.7

81.39%

Taxi Start (Normal Tariff)

$3.04 CA$4.26

$4.54 CA$6.35

-33.04%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.73

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.55

$25.08 CA$35.07

-10.09%

Gasoline (1 liter)

$1.24 CA$1.74

$1.12 CA$1.56

10.71%

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

$26.9K CA$37.6K

$26.8K CA$37.5K

0.43%

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

$21.4K CA$29.9K

$21.7K CA$30.4K

-1.67%

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

$125 CA$174

$89.7 CA$125

38.94%

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

$33.05 CA$46.23

$29.11 CA$40.72

13.53%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.1

$47.43 CA$66.3

1.12%

Gym Membership (Monthly)

$36.69 CA$51.3

$116 CA$162

-68.24%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.11

$41.66 CA$58.3

-43.18%

Cinema Ticket

$13.08 CA$18.29

$7.77 CA$10.87

68.34%

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

$759 CA$1,061

$478 CA$669

58.61%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.3K

$7,258 CA$10.2K

227.69%

Jeans (Levis 501 Or Similar)

$53.5 CA$74.9

$35.42 CA$49.55

51.16%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.6

$27.63 CA$38.65

46.36%

Sport Shoes (Adidas, Nike)

$100 CA$141

$86.9 CA$122

15.61%

Men's Leather Business Shoes

$125 CA$175

$108 CA$151

16.11%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,280

$1,341 CA$1,876

21.54%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,980

$903 CA$1,264

56.72%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,768

$2,200 CA$3,077

22.48%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,939

$1,634 CA$2,286

28.56%

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

$2,971 CA$4,155

19.28%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

5.26

-15.40%

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

Last update for Toronto: October 26, 2026

Last update for Owen Sound: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Owen Sound

$903 44.2% 36.2% $512

Groceries & Markets

Toronto

$345 13.3%

Owen Sound

$417 20.4% 20.9% $72

Eating Out

Toronto

$285 11%

Owen Sound

$234 11.4% 17.9% $51

Monthly Utilities & Internet

Toronto

$206 7.9%

Owen Sound

$166 8.1% 19.2% $39

Clothing & Footwear

Toronto

$144 5.6%

Owen Sound

$116 5.7% 19.4% $28

Getting Around

Toronto

$131 5.1%

Owen Sound

$75 * 3.7% 42.9% $56

Sport & Entertainment

Toronto

$63 2.4%

Owen Sound

$131 6.4% 109% $68

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,630 in Toronto and $1,341 in Owen Sound. Housing cost is often the main lever when comparing two cities.

Toronto pays 19% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $78 in Toronto vs $48 in Owen Sound. Groceries flip the comparison at $345 vs $417, with Toronto cheaper for home cooking.

Good to know

🇨🇦 Toronto

🇨🇦 Owen Sound

🕒 Local time

20:13 8:13 PM

Same time as Toronto

🌤 Weather

👥 Population

2,731,571

21,341

💱 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

On the map

Lowest

Highest

Between locations

Toronto Owen Sound 160 km

From you

Toronto
Owen Sound

Distances are measured in a straight line. Your location is detected approximately.

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 Owen Sound: Cost of Living - Frequently Asked Questions

Owen Sound is about 21% cheaper overall, especially in transport, eating out, and clothing. That difference adds up to real monthly savings that compound significantly over time.

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: $1,630 in Toronto versus $1,341 in Owen Sound. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Owen Sound – a meal for two runs $48 versus $78 in Toronto. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,589 per month in Toronto versus $2,042 in Owen Sound – Owen Sound is about 21% cheaper, which adds up to real savings over time.

At $2,042 in Owen Sound versus $2,589 in Toronto, a $2,500 budget is realistic in Owen Sound but tight or insufficient in Toronto. The gap between the two cities makes Owen Sound the clear choice for anyone on this budget.

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.

It comes down to priorities – Owen Sound wins on affordability, Toronto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.