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 $2,628 per month in Toronto vs $1,831 in Summerside, PE, rent included.

A couple spends around $3,848 per month in Toronto vs $2,648 in Summerside, PE, rent included.

A family of three spends $5,067 per month in Toronto vs $3,465 in Summerside, PE, rent included.

Toronto costs about 44% more than Summerside, PE, driven mainly by Getting Around.

Both Toronto and Summerside, PE sit above the global median – Toronto by 91%, Summerside, PE by 33%.

Meal at Budget Restaurant

$17.88 CA$24.85

$21.42 CA$29.77

-16.53%

Three-Course Dinner for Two, Mid-Range

$87.9 CA$122

$56.1 CA$78.0

56.59%

Fast Food Meal (McDonalds, etc)

$10.93 CA$15.19

$10.66 CA$14.82

2.53%

Cappuccino

$4.06 CA$5.64

$3.74 CA$5.20

8.56%

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

$2.18 CA$3.03

$1.70 CA$2.37

28.24%

Water (0.33 liter bottle)

$1.70 CA$2.36

$2.16 CA$3.00

-21.30%

Local Beer (0.5 liter draught)

$6.69 CA$9.29

$4.99 CA$6.93

34.07%

Imported Beer (0.33 liter bottle)

$7.35 CA$10.21

$4.64 CA$6.45

58.41%

Milk (1 liter)

$2.78 CA$3.86

$1.81 CA$2.52

53.59%

White Bread (500g)

$2.89 CA$4.02

$2.81 CA$3.90

2.85%

Rice (white) (1kg)

$2.56 CA$3.56

$2.63 CA$3.66

-2.66%

Eggs

$3.79 CA$5.26

$3.89 CA$5.41

-2.57%

Local Cheese (1kg)

$10.17 CA$14.13

$9.56 CA$13.28

6.38%

Chicken Fillets (1kg)

$11.95 CA$16.60

$8.97 CA$12.46

33.22%

Beef Round Steak (1kg)

$16.12 CA$22.40

$9.29 CA$12.90

73.52%

Apples (1kg)

$3.89 CA$5.41

$4.49 CA$6.24

-13.36%

Banana (1kg)

$1.27 CA$1.77

$1.62 CA$2.26

-21.60%

Oranges (1kg)

$3.88 CA$5.39

$3.61 CA$5.02

7.48%

Tomato (1kg)

$4.33 CA$6.02

$3.92 CA$5.45

10.46%

Potato (1kg)

$1.83 CA$2.54

$2.63 CA$3.66

-30.42%

Onion (1kg)

$1.50 CA$2.08

$1.54 CA$2.14

-2.60%

Lettuce (1 head)

$2.28 CA$3.16

$2.18 CA$3.03

4.59%

Water (1.5 liter bottle)

$1.44 CA$2.00

$1.61 CA$2.23

-10.56%

Cigarettes 20 Pack (Marlboro, Camel)

$14.20 CA$19.73

$11.43 CA$15.88

24.23%

Wine (Bottle)

$14.24 CA$19.79

$12.18 CA$16.93

16.91%

Local Beer (0.5 liter bottle)

$2.25 CA$3.12

$4.37 CA$6.08

-48.51%

Imported Beer (0.33 liter bottle)

$2.53 CA$3.52

$3.75 CA$5.21

-32.53%

One-way Ticket (Public Transport)

$2.47 CA$3.43

$1.46 CA$2.04

69.18%

Public Transport Monthly Pass (Regular Price)

$112 CA$156

$46.57 CA$64.7

140.41%

Taxi Start (Normal Tariff)

$3.05 CA$4.24

$2.92 CA$4.06

4.45%

Taxi (Normal Tariff) (1km)

$1.24 CA$1.72

$1.40 CA$1.94

-11.43%

Taxi 1hour Waiting (Normal Tariff)

$22.44 CA$31.18

$21.35 CA$29.67

5.11%

Gasoline (1 liter)

$1.24 CA$1.72

$1.15 CA$1.60

7.83%

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

$27.5K CA$38.2K

$26.3K CA$36.5K

4.73%

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

$21.1K CA$29.4K

$19.3K CA$26.8K

9.67%

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

$128 CA$177

$116 CA$162

9.74%

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

$33.79 CA$46.95

$69.8 CA$96.9

-51.56%

Internet (50+ Mbps, Unlimited Data)

$49.25 CA$68.4

$73.3 CA$102

-32.85%

Gym Membership (Monthly)

$40.93 CA$56.9

$31.12 CA$43.24

31.52%

Tennis Court (1 Hour on Weekend)

$24.62 CA$34.21

$10.86 CA$15.09

126.70%

Cinema Ticket

$13.16 CA$18.29

$10.36 CA$14.40

27.03%

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

$792 CA$1,101

$587 CA$815

35.11%

International Primary School, 1 Child (Yearly)

$24.1K CA$33.5K

$1,751 CA$2,433

1278.12%

Jeans (Levis 501 Or Similar)

$54.5 CA$75.8

$49.79 CA$69.2

9.50%

Summer Dress (H&M, Zara, etc)

$43.11 CA$59.9

$25.15 CA$34.95

71.41%

Sport Shoes (Adidas, Nike)

$102 CA$141

$68.8 CA$95.6

47.55%

Men's Leather Business Shoes

$123 CA$171

$69.0 CA$95.9

78.61%

1-bedroom Apartment, City Center (Monthly)

$1,653 CA$2,297

$928 CA$1,290

78.06%

1-bedroom Apartment, Outside City Center (Monthly)

$1,452 CA$2,017

$747 CA$1,039

94.21%

3-bedroom Apartment, City Center (Monthly)

$2,694 CA$3,744

$1,723 CA$2,394

56.41%

3-bedroom Apartment, Outside City Center (Monthly)

$2,149 CA$2,987

$1,027 CA$1,427

109.29%

Buy Apartment in City Center (m2)

$8,347 CA$11.6K

Buy Apartment Outside City Center (m2)

$6,816 CA$9,471

$1,180 CA$1,640

477.38%

Average Monthly Net Salary (After Tax)

$3,614 CA$5,022

$2,396 CA$3,330

50.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.49

4.77

-5.87%

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

Last update for Toronto: August 30, 2026

Last update for Summerside, PE: August 29, 2026

Cost Breakdown

A central one-bedroom costs $1,653 in Toronto versus $928 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 51% 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 $88.0 in Toronto versus $56.0 in Summerside, PE. Monthly groceries follow the same trend: $365 vs $333 – 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 44% 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 $3,942 per month in Toronto and $2,747 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 $2,628 in Toronto and $1,831 in Summerside, PE. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 140% 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 $1,831, than in Toronto at $2,628. 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.