Cost of Living Comparison Between Toronto and Simcoe, ON Cost of Living Comparison Between Toronto and Simcoe, ON

Monthly Cost of Living

A single person spends $2,620 per month in Toronto vs $2,490 in Simcoe, ON, rent included.

A couple spends around $3,866 per month in Toronto vs $3,614 in Simcoe, ON, rent included.

A family of three spends $5,111 per month in Toronto vs $4,737 in Simcoe, ON, rent included.

Toronto costs about 5% more than Simcoe, ON, driven mainly by Getting Around.

Both Toronto and Simcoe, ON sit above the global median – Toronto by 90%, Simcoe, ON by 81%.

Meal at Budget Restaurant

$17.85 CA$24.75

$21.59 CA$29.95

-17.32%

Three-Course Dinner for Two, Mid-Range

$86.8 CA$120

$64.5 CA$89.5

34.47%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.17

$11.65 CA$16.16

-6.09%

Cappuccino

$4.01 CA$5.57

$3.54 CA$4.92

13.28%

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

$2.19 CA$3.04

$1.53 CA$2.13

43.14%

Water (0.33 liter bottle)

$1.69 CA$2.34

$1.33 CA$1.85

27.07%

Local Beer (0.5 liter draught)

$6.45 CA$8.94

$5.08 CA$7.05

26.97%

Imported Beer (0.33 liter bottle)

$7.05 CA$9.77

$6.22 CA$8.62

13.34%

Milk (1 liter)

$2.71 CA$3.77

$2.27 CA$3.15

19.38%

White Bread (500g)

$2.92 CA$4.05

$2.37 CA$3.28

23.21%

Rice (white) (1kg)

$2.48 CA$3.44

$2.21 CA$3.06

12.22%

Eggs

$3.85 CA$5.34

$2.94 CA$4.08

30.95%

Local Cheese (1kg)

$10.10 CA$14.01

$9.69 CA$13.44

4.23%

Chicken Fillets (1kg)

$12.02 CA$16.66

$13.62 CA$18.88

-11.75%

Beef Round Steak (1kg)

$15.61 CA$21.65

$22.05 CA$30.58

-29.21%

Apples (1kg)

$3.90 CA$5.41

$3.57 CA$4.96

9.24%

Banana (1kg)

$1.24 CA$1.72

$1.28 CA$1.77

-3.13%

Oranges (1kg)

$3.78 CA$5.24

$3.41 CA$4.73

10.85%

Tomato (1kg)

$4.38 CA$6.08

$2.82 CA$3.91

55.32%

Potato (1kg)

$1.93 CA$2.67

$2.14 CA$2.97

-9.81%

Onion (1kg)

$1.50 CA$2.08

$1.42 CA$1.97

5.63%

Lettuce (1 head)

$2.28 CA$3.17

$2.19 CA$3.04

4.11%

Water (1.5 liter bottle)

$1.46 CA$2.02

$1.30 CA$1.80

12.31%

Cigarettes 20 Pack (Marlboro, Camel)

$14.52 CA$20.14

$11.22 CA$15.57

29.41%

Wine (Bottle)

$14.42 CA$20.00

$11.14 CA$15.45

29.44%

Local Beer (0.5 liter bottle)

$2.26 CA$3.14

$2.86 CA$3.97

-20.98%

Imported Beer (0.33 liter bottle)

$2.59 CA$3.60

$3.19 CA$4.42

-18.81%

One-way Ticket (Public Transport)

$2.36 CA$3.28

Public Transport Monthly Pass (Regular Price)

$114 CA$159

$72.1 CA$100

58.52%

Taxi Start (Normal Tariff)

$3.16 CA$4.38

$2.44 CA$3.38

29.51%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.74

$1.93 CA$2.67

-34.72%

Taxi 1hour Waiting (Normal Tariff)

$22.57 CA$31.30

$24.25 CA$33.63

-6.93%

Gasoline (1 liter)

$1.24 CA$1.72

$1.09 CA$1.51

13.76%

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

$27.3K CA$37.9K

$28.4K CA$39.5K

-3.95%

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

$20.7K CA$28.8K

$21.0K CA$29.2K

-1.43%

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

$124 CA$172

$127 CA$176

-2.57%

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

$32.72 CA$45.38

$43.97 CA$61.0

-25.59%

Internet (50+ Mbps, Unlimited Data)

$48.79 CA$67.7

$56.3 CA$78.1

-13.40%

Gym Membership (Monthly)

$40.27 CA$55.9

$42.75 CA$59.3

-5.80%

Tennis Court (1 Hour on Weekend)

$23.84 CA$33.06

Cinema Ticket

$12.82 CA$17.77

$8.92 CA$12.37

43.72%

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

$787 CA$1,092

$828 CA$1,149

-4.94%

International Primary School, 1 Child (Yearly)

$24.5K CA$34.0K

$17.2K CA$23.9K

42.54%

Jeans (Levis 501 Or Similar)

$54.2 CA$75.2

$43.78 CA$60.7

23.89%

Summer Dress (H&M, Zara, etc)

$43.10 CA$59.8

$37.30 CA$51.7

15.55%

Sport Shoes (Adidas, Nike)

$97.9 CA$136

$65.5 CA$90.8

49.51%

Men's Leather Business Shoes

$126 CA$175

$123 CA$170

2.74%

1-bedroom Apartment, City Center (Monthly)

$1,660 CA$2,303

$1,443 CA$2,001

15.06%

1-bedroom Apartment, Outside City Center (Monthly)

$1,483 CA$2,057

$1,310 CA$1,818

13.19%

3-bedroom Apartment, City Center (Monthly)

$2,800 CA$3,883

$2,160 CA$2,996

29.63%

3-bedroom Apartment, Outside City Center (Monthly)

$2,157 CA$2,991

$2,186 CA$3,032

-1.34%

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

$3,129 CA$4,340

21.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

4.99

-10.42%

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

Last update for Toronto: September 6, 2026

Last update for Simcoe, ON: September 5, 2026

Cost Breakdown

A central one-bedroom costs $1,660 in Toronto versus $1,443 in Simcoe, ON. 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 21% 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 $65.0 in Simcoe, ON. Monthly groceries follow the same trend: $364 vs $360 – making Simcoe, ON the more affordable choice for daily food spending.

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 Simcoe, ON: Cost of Living - Frequently Asked Questions

Toronto costs about 5% more than Simcoe, ON, 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 $3,735 in Simcoe, ON. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $787 per month in Toronto and $828 in Simcoe, ON. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 1% more in Toronto, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Simcoe, ON, where all-in costs run around $2,490, than in Toronto at $2,620. In Simcoe, ON it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Simcoe, ON – 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 Simcoe, ON. 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.