Cost of Living Comparison Between Toronto and Prince Albert Cost of Living Comparison Between Toronto and Prince Albert

Monthly Cost of Living

A single person spends $2,811 per month in Toronto vs $1,703 in Prince Albert, rent included.

A couple spends around $4,130 per month in Toronto vs $2,539 in Prince Albert, rent included.

A family of three spends $5,449 per month in Toronto vs $3,375 in Prince Albert, rent included.

Toronto costs about 65% more than Prince Albert, driven mainly by Groceries & Markets.

Both Toronto and Prince Albert sit above the global median – Toronto by 110%, Prince Albert by 27%.

Meal at Budget Restaurant

$18.71 CA$26.02

$22.25 CA$30.94

-15.91%

Three-Course Dinner for Two, Mid-Range

$81.9 CA$114

$89.8 CA$125

-8.79%

Fast Food Meal (McDonalds, etc)

$10.83 CA$15.06

$10.46 CA$14.54

3.54%

Cappuccino

$3.89 CA$5.41

$3.70 CA$5.14

5.14%

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

$2.22 CA$3.09

$2.44 CA$3.40

-9.02%

Water (0.33 liter bottle)

$1.65 CA$2.29

$2.01 CA$2.80

-17.91%

Local Beer (0.5 liter draught)

$6.05 CA$8.41

$6.06 CA$8.43

-0.17%

Imported Beer (0.33 liter bottle)

$6.58 CA$9.15

$7.28 CA$10.13

-9.62%

Milk (1 liter)

$2.73 CA$3.79

$1.28 CA$1.79

113.28%

White Bread (500g)

$2.72 CA$3.78

$1.49 CA$2.08

82.55%

Rice (white) (1kg)

$3.54 CA$4.92

$2.60 CA$3.62

36.15%

Eggs

$3.50 CA$4.87

$3.58 CA$4.98

-2.23%

Local Cheese (1kg)

$13.53 CA$18.81

$7.53 CA$10.47

79.68%

Chicken Fillets (1kg)

$13.09 CA$18.20

$8.72 CA$12.13

50.11%

Beef Round Steak (1kg)

$16.96 CA$23.59

$4.36 CA$6.07

288.99%

Apples (1kg)

$4.16 CA$5.79

$4.43 CA$6.16

-6.09%

Banana (1kg)

$1.18 CA$1.64

$1.69 CA$2.36

-30.18%

Oranges (1kg)

$3.25 CA$4.52

$4.92 CA$6.85

-33.94%

Tomato (1kg)

$4.12 CA$5.73

$3.27 CA$4.55

25.99%

Potato (1kg)

$2.50 CA$3.48

$2.26 CA$3.14

10.62%

Onion (1kg)

$2.88 CA$4.00

$2.25 CA$3.13

28.00%

Lettuce (1 head)

$2.35 CA$3.27

$2.74 CA$3.82

-14.23%

Water (1.5 liter bottle)

$2.00 CA$2.78

$1.27 CA$1.76

57.48%

Cigarettes 20 Pack (Marlboro, Camel)

$14.58 CA$20.28

$11.21 CA$15.60

30.06%

Wine (Bottle)

$14.18 CA$19.71

$14.00 CA$19.47

1.29%

Local Beer (0.5 liter bottle)

$2.80 CA$3.89

$3.30 CA$4.59

-15.15%

Imported Beer (0.33 liter bottle)

$3.25 CA$4.53

$3.32 CA$4.62

-2.11%

One-way Ticket (Public Transport)

$2.40 CA$3.34

$1.82 CA$2.53

31.87%

Public Transport Monthly Pass (Regular Price)

$114 CA$159

$39.82 CA$55.4

186.41%

Taxi Start (Normal Tariff)

$3.76 CA$5.22

$2.62 CA$3.65

43.51%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.96

$1.22 CA$1.70

15.57%

Taxi 1hour Waiting (Normal Tariff)

$25.53 CA$35.50

$14.82 CA$20.61

72.27%

Gasoline (1 liter)

$1.10 CA$1.53

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

$25.2K CA$35.1K

$17.2K CA$23.9K

46.91%

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

$21.1K CA$29.3K

$20.5K CA$28.5K

2.85%

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

$120 CA$166

$54.3 CA$75.5

120.40%

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

$37.54 CA$52.2

$51.6 CA$71.8

-27.23%

Internet (50+ Mbps, Unlimited Data)

$54.5 CA$75.8

$71.2 CA$99.0

-23.42%

Gym Membership (Monthly)

$55.5 CA$77.2

$41.30 CA$57.4

34.41%

Tennis Court (1 Hour on Weekend)

$21.15 CA$29.41

$18.27 CA$25.41

15.76%

Cinema Ticket

$11.56 CA$16.07

$9.41 CA$13.08

22.85%

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

$1,129 CA$1,571

$516 CA$718

118.85%

International Primary School, 1 Child (Yearly)

$18.0K CA$25.0K

$14.9K CA$20.8K

20.38%

Jeans (Levis 501 Or Similar)

$56.9 CA$79.2

$51.9 CA$72.2

9.67%

Summer Dress (H&M, Zara, etc)

$39.96 CA$55.6

$36.44 CA$50.7

9.66%

Sport Shoes (Adidas, Nike)

$89.7 CA$125

$92.8 CA$129

-3.44%

Men's Leather Business Shoes

$114 CA$159

$115 CA$160

-0.68%

1-bedroom Apartment, City Center (Monthly)

$1,849 CA$2,572

$945 CA$1,315

95.63%

1-bedroom Apartment, Outside City Center (Monthly)

$1,560 CA$2,169

$695 CA$967

124.37%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,068

$1,451 CA$2,019

101.55%

3-bedroom Apartment, Outside City Center (Monthly)

$2,470 CA$3,435

$806 CA$1,121

206.35%

Buy Apartment in City Center (m2)

$9,085 CA$12.6K

$3,982 CA$5,538

128.15%

Buy Apartment Outside City Center (m2)

$7,036 CA$9,785

$3,815 CA$5,305

84.44%

Average Monthly Net Salary (After Tax)

$3,572 CA$4,967

$2,764 CA$3,845

29.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

6.65

-22.41%

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

Last update for Toronto: May 31, 2026

Last update for Prince Albert: June 2, 2026

Cost Breakdown

A central one-bedroom costs $1,849 in Toronto versus $945 in Prince Albert. 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 29% 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 $82.0 in Toronto versus $90.0 in Prince Albert. Groceries tell a different story – $396 in Toronto vs $289 in Prince Albert – so Prince Albert 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 Prince Albert: Cost of Living - Frequently Asked Questions

Toronto costs about 65% more than Prince Albert, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,216 per month in Toronto and $2,554 in Prince Albert. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $82.0 in Toronto and $90.0 in Prince Albert. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,811 in Toronto and $1,703 in Prince Albert. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Prince Albert, where all-in costs run around $1,703, than in Toronto at $2,811. In Prince Albert it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Prince Albert – 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 Prince Albert. 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.