Cost of Living Comparison Between Toronto and Summerside, PE Cost of Living Comparison Between Toronto and Summerside, PE

Monthly Cost of Living

A single person spends $2,811 per month in Toronto vs $1,891 in Summerside, PE, rent included.

A couple spends around $4,130 per month in Toronto vs $2,710 in Summerside, PE, rent included.

A family of three spends $5,449 per month in Toronto vs $3,529 in Summerside, PE, rent included.

Toronto costs about 49% more than Summerside, PE, driven mainly by Getting Around.

Both Toronto and Summerside, PE sit above the global median – Toronto by 110%, Summerside, PE by 41%.

Meal at Budget Restaurant

$18.71 CA$25.90

$18.58 CA$25.73

0.70%

Three-Course Dinner for Two, Mid-Range

$81.9 CA$113

$56.2 CA$77.9

45.58%

Fast Food Meal (McDonalds, etc)

$10.83 CA$14.99

$10.42 CA$14.43

3.93%

Cappuccino

$3.89 CA$5.38

$3.81 CA$5.27

2.10%

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

$2.22 CA$3.07

$1.75 CA$2.42

26.86%

Water (0.33 liter bottle)

$1.65 CA$2.28

$1.70 CA$2.35

-2.94%

Local Beer (0.5 liter draught)

$6.05 CA$8.38

$5.21 CA$7.22

16.12%

Imported Beer (0.33 liter bottle)

$6.58 CA$9.11

$5.73 CA$7.94

14.83%

Milk (1 liter)

$2.73 CA$3.77

$2.28 CA$3.16

19.74%

White Bread (500g)

$2.72 CA$3.76

$2.91 CA$4.03

-6.53%

Rice (white) (1kg)

$3.54 CA$4.90

$4.64 CA$6.42

-23.71%

Eggs

$3.50 CA$4.84

$3.96 CA$5.48

-11.62%

Local Cheese (1kg)

$13.53 CA$18.73

$8.78 CA$12.16

54.10%

Chicken Fillets (1kg)

$13.09 CA$18.12

$9.18 CA$12.71

42.59%

Beef Round Steak (1kg)

$16.96 CA$23.49

$9.80 CA$13.57

73.06%

Apples (1kg)

$4.16 CA$5.76

$5.04 CA$6.98

-17.46%

Banana (1kg)

$1.18 CA$1.63

$1.64 CA$2.27

-28.05%

Oranges (1kg)

$3.25 CA$4.50

$3.51 CA$4.85

-7.41%

Tomato (1kg)

$4.12 CA$5.70

$3.99 CA$5.53

3.26%

Potato (1kg)

$2.50 CA$3.47

$2.95 CA$4.09

-15.25%

Onion (1kg)

$2.88 CA$3.98

$2.64 CA$3.66

9.09%

Lettuce (1 head)

$2.35 CA$3.25

$2.60 CA$3.60

-9.62%

Water (1.5 liter bottle)

$2.00 CA$2.77

$2.19 CA$3.04

-8.68%

Cigarettes 20 Pack (Marlboro, Camel)

$14.58 CA$20.19

$14.28 CA$19.77

2.10%

Wine (Bottle)

$14.18 CA$19.63

$13.62 CA$18.86

4.11%

Local Beer (0.5 liter bottle)

$2.80 CA$3.88

$3.88 CA$5.37

-27.84%

Imported Beer (0.33 liter bottle)

$3.25 CA$4.51

$3.75 CA$5.19

-13.33%

One-way Ticket (Public Transport)

$2.40 CA$3.32

$1.51 CA$2.09

58.94%

Public Transport Monthly Pass (Regular Price)

$114 CA$158

$48.17 CA$66.7

136.77%

Taxi Start (Normal Tariff)

$3.76 CA$5.20

$3.65 CA$5.05

3.01%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.95

$2.13 CA$2.95

-33.80%

Taxi 1hour Waiting (Normal Tariff)

$25.53 CA$35.34

$22.16 CA$30.68

15.21%

Gasoline (1 liter)

$1.10 CA$1.52

$1.16 CA$1.61

-5.17%

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

$25.2K CA$34.9K

$25.1K CA$34.8K

0.50%

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

$21.1K CA$29.2K

$21.2K CA$29.4K

-0.61%

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

$120 CA$166

$121 CA$167

-0.89%

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

$37.54 CA$52.0

$49.81 CA$69.0

-24.63%

Internet (50+ Mbps, Unlimited Data)

$54.5 CA$75.5

$69.8 CA$96.7

-21.91%

Gym Membership (Monthly)

$55.5 CA$76.9

$32.52 CA$45.02

70.69%

Tennis Court (1 Hour on Weekend)

$21.15 CA$29.28

$11.24 CA$15.56

88.17%

Cinema Ticket

$11.56 CA$16.00

$10.81 CA$14.97

6.94%

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

$1,129 CA$1,564

$650 CA$900

73.82%

International Primary School, 1 Child (Yearly)

$18.0K CA$24.9K

$15.5K CA$21.4K

16.11%

Jeans (Levis 501 Or Similar)

$56.9 CA$78.8

$66.9 CA$92.6

-14.89%

Summer Dress (H&M, Zara, etc)

$39.96 CA$55.3

$25.63 CA$35.48

55.91%

Sport Shoes (Adidas, Nike)

$89.7 CA$124

$74.8 CA$104

19.84%

Men's Leather Business Shoes

$114 CA$158

$70.9 CA$98.1

61.21%

1-bedroom Apartment, City Center (Monthly)

$1,849 CA$2,561

$951 CA$1,316

94.56%

1-bedroom Apartment, Outside City Center (Monthly)

$1,560 CA$2,159

$764 CA$1,057

104.23%

3-bedroom Apartment, City Center (Monthly)

$2,925 CA$4,051

$1,723 CA$2,385

69.80%

3-bedroom Apartment, Outside City Center (Monthly)

$2,470 CA$3,420

$1,054 CA$1,459

134.46%

Buy Apartment in City Center (m2)

$9,085 CA$12.6K

$4,318 CA$5,979

110.40%

Buy Apartment Outside City Center (m2)

$7,036 CA$9,742

$3,868 CA$5,355

81.91%

Average Monthly Net Salary (After Tax)

$3,572 CA$4,946

$2,449 CA$3,391

45.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.16

5.77

-10.57%

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

Last update for Toronto: May 31, 2026

Last update for Summerside, PE: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,849 in Toronto versus $951 in Summerside, PE. 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 46% 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 $56.0 in Summerside, PE. Monthly groceries follow the same trend: $396 vs $362 – making Summerside, PE 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 Summerside, PE: Cost of Living - Frequently Asked Questions

Toronto costs about 49% more than Summerside, PE, 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 $4,216 per month in Toronto and $2,837 in Summerside, PE. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $2,811 in Toronto and $1,891 in Summerside, PE. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 137% less in Summerside, PE. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Summerside, PE, where all-in costs run around $1,891, than in Toronto at $2,811. In Summerside, PE it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Summerside, PE – 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 Summerside, PE. 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.