Last update: Oct 2026

Cost of Living Comparison Between Toronto and Parry Sound

For one person, living is cheaper in Parry Sound: $2,269 a month against $2,589 in Toronto, rent and utilities included – about $3,800 less a year. Other living expenses account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
108

Cost of Living Index in Parry Sound
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Parry Sound Living Index

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Toronto

🇨🇦 Canada

$2,589

/mo nomad

Parry Sound

🇨🇦 Canada

$2,269

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Parry 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 Parry Sound actually costs, broken down by who's living it.

A single person spends $2,589 per month in Toronto vs $2,269 in Parry Sound, rent included.

Toronto $2,589
Parry Sound $2,269

A couple spends around $3,710 per month in Toronto vs $3,202 in Parry Sound, rent included.

Toronto $3,710
Parry Sound $3,202

A family of three spends $4,831 per month in Toronto vs $4,135 in Parry Sound, rent included.

Toronto $4,831
Parry Sound $4,135

Toronto costs about 14% more than Parry Sound, and outside of rent the biggest gap is in transport.

Both Toronto and Parry Sound sit above the global median – Toronto by 90%, Parry Sound by 67%.

Meal at Budget Restaurant

$17.60 CA$24.70

$17.94 CA$25.17

-1.90%

Three-Course Dinner for Two, Mid-Range

$77.8 CA$109

$51.8 CA$72.6

50.36%

Fast Food Meal (McDonalds, etc)

$10.59 CA$14.86

$10.66 CA$14.97

-0.66%

Cappuccino

$4.16 CA$5.83

$3.17 CA$4.45

31.23%

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

$2.04 CA$2.87

$1.40 CA$1.96

45.71%

Water (0.33 liter bottle)

$1.75 CA$2.46

$1.06 CA$1.48

65.09%

Local Beer (0.5 liter draught)

$6.58 CA$9.23

$3.48 CA$4.89

89.08%

Imported Beer (0.33 liter bottle)

$7.11 CA$9.98

$4.24 CA$5.95

67.69%

Milk (1 liter)

$2.53 CA$3.56

$1.99 CA$2.80

27.14%

White Bread (500g)

$2.70 CA$3.79

$2.23 CA$3.12

21.08%

Rice (white) (1kg)

$2.24 CA$3.14

$1.59 CA$2.23

40.88%

Eggs

$3.48 CA$4.89

$3.03 CA$4.25

14.85%

Local Cheese (1kg)

$9.38 CA$13.16

$4.19 CA$5.88

123.87%

Chicken Fillets (1kg)

$11.60 CA$16.28

$10.49 CA$14.73

10.58%

Beef Round Steak (1kg)

$14.68 CA$20.61

$7.04 CA$9.87

108.52%

Apples (1kg)

$3.74 CA$5.26

$3.34 CA$4.69

11.98%

Banana (1kg)

$1.22 CA$1.72

$0.74 CA$1.04

64.86%

Oranges (1kg)

$3.48 CA$4.88

$0.69 CA$0.97

404.35%

Tomato (1kg)

$4.32 CA$6.07

$2.20 CA$3.09

96.36%

Potato (1kg)

$1.85 CA$2.60

$1.66 CA$2.33

11.45%

Onion (1kg)

$1.69 CA$2.37

$1.37 CA$1.92

23.36%

Lettuce (1 head)

$2.23 CA$3.13

$1.46 CA$2.05

52.74%

Water (1.5 liter bottle)

$1.28 CA$1.79

$1.52 CA$2.13

-15.79%

Cigarettes 20 Pack (Marlboro, Camel)

$14.04 CA$19.71

$12.29 CA$17.24

14.24%

Wine (Bottle)

$14.43 CA$20.25

$11.59 CA$16.27

24.50%

Local Beer (0.5 liter bottle)

$2.16 CA$3.03

$2.81 CA$3.95

-23.13%

Imported Beer (0.33 liter bottle)

$2.52 CA$3.54

$3.45 CA$4.84

-26.96%

One-way Ticket (Public Transport)

$2.37 CA$3.32

Public Transport Monthly Pass (Regular Price)

$112 CA$158

Taxi Start (Normal Tariff)

$3.04 CA$4.27

$8.33 CA$11.69

-63.51%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.74

Taxi 1hour Waiting (Normal Tariff)

$22.55 CA$31.65

$18.67 CA$26.20

20.78%

Gasoline (1 liter)

$1.24 CA$1.75

$1.08 CA$1.51

14.81%

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

$26.9K CA$37.8K

$28.4K CA$39.8K

-5.16%

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

$21.4K CA$30.0K

$21.6K CA$30.3K

-0.85%

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

$125 CA$175

$126 CA$177

-0.95%

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

$33.05 CA$46.39

$26.66 CA$37.41

23.97%

Internet (50+ Mbps, Unlimited Data)

$47.96 CA$67.3

$46.46 CA$65.2

3.23%

Gym Membership (Monthly)

$36.69 CA$51.5

$33.08 CA$46.42

10.91%

Tennis Court (1 Hour on Weekend)

$23.67 CA$33.22

Cinema Ticket

$13.08 CA$18.35

$10.33 CA$14.50

26.62%

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

$759 CA$1,065

$523 CA$734

45.03%

International Primary School, 1 Child (Yearly)

$23.8K CA$33.4K

$28.0K CA$39.3K

-15.11%

Jeans (Levis 501 Or Similar)

$53.5 CA$75.1

$43.09 CA$60.5

24.25%

Summer Dress (H&M, Zara, etc)

$40.44 CA$56.8

$38.27 CA$53.7

5.67%

Sport Shoes (Adidas, Nike)

$100 CA$141

$94.6 CA$133

6.17%

Men's Leather Business Shoes

$125 CA$176

$106 CA$149

18.12%

1-bedroom Apartment, City Center (Monthly)

$1,630 CA$2,287

$1,127 CA$1,581

44.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,416 CA$1,987

$1,374 CA$1,928

3.04%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,781

$2,117 CA$2,972

27.24%

3-bedroom Apartment, Outside City Center (Monthly)

$2,101 CA$2,949

$2,156 CA$3,026

-2.56%

Buy Apartment in City Center (m2)

$7,551 CA$10.6K

Buy Apartment Outside City Center (m2)

$6,674 CA$9,366

Average Monthly Net Salary (After Tax)

$3,543 CA$4,973

$2,153 CA$3,021

64.59%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

4.56

-2.41%

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

Last update for Toronto: October 26, 2026

Last update for Parry Sound: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 54.7%

Parry Sound

$1.4K 60.6% 2.9% $42

Groceries & Markets

Toronto

$345 13.3%

Parry Sound

$258 11.4% 25.3% $87

Eating Out

Toronto

$285 11%

Parry Sound

$249 11% 12.5% $35

Monthly Utilities & Internet

Toronto

$206 7.9%

Parry Sound

$199 8.8% 3.3% $6.7

Clothing & Footwear

Toronto

$144 5.6%

Parry Sound

$127 5.6% 11.8% $17

Getting Around

Toronto

$131 5.1%

Parry Sound

$8.3 * 0.4% 93.6% $123

Sport & Entertainment

Toronto

$63 2.4%

Parry Sound

$54 2.4% 14.5% $9.1

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

Cost Breakdown

A central one-bedroom costs $1,630 in Toronto versus $1,127 in Parry Sound. 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 65% higher in Toronto. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $78 in Toronto versus $52 in Parry Sound. Monthly groceries follow the same trend: $345 vs $258 – making Parry Sound the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇨🇦 Parry Sound

🕒 Local time

18:10 6:10 PM

Same time as Toronto

🌤 Weather

👥 Population

2,731,571

6,800

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

On the map

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Toronto Parry Sound 190 km

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Toronto
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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 Parry Sound: Cost of Living - Frequently Asked Questions

Toronto costs about 14% more than Parry Sound, 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 $3,403 in Parry Sound. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Parry Sound, especially for central apartments: a one-bedroom in the center costs $1,127 there versus $1,630 in Toronto.

A mid-range dinner for two costs $78 in Toronto and $52 in Parry Sound. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 34% 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 $2,269 in Parry Sound. You’ll need shared housing and careful budgeting no matter which city you pick.

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

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