Cost of Living Comparison Between Markham and Toronto 
| Indices Difference |  |
|---|---|
| Cost of Living in Toronto is 23.8% higher than in Markham (excluding rent) | |
| Cost of Living Including Rent in Toronto is 13.8% higher than in Markham | |
| Rent Prices in Toronto are 2.5% lower than in Markham | |
| Restaurant Prices in Toronto are 26.7% higher than in Markham | |
| Groceries Prices in Toronto are 32.0% higher than in Markham | |
| Local Purchasing Power in Toronto is 8.1% lower than in Markham | |
Restaurants | Markham Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant | 23.50 C$ | 25.00 C$ | +6.4 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 70.00 C$ | 120.00 C$ | +71.4 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 15.00 C$ | 15.06 C$ | +0.4 % |
| Domestic Draft Beer (1 Pint) | 5.00 C$ | 9.00 C$ | +80.0 % |
| Imported Beer (12 oz Small Bottle) | 9.00 C$ | 10.00 C$ | +11.1 % |
| Cappuccino (Regular Size) | 4.50 C$ | 5.46 C$ | +21.4 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | 2.54 C$ | 2.83 C$ | +11.3 % |
| Bottled Water (12 oz) | 1.70 C$ | 2.39 C$ | +40.5 % |
Markets | Markham Edit |
Toronto Edit | |
| Milk (Regular, 1 Liter) | 2.72 C$ | 3.91 C$ | +44.0 % |
| Fresh White Bread (1 lb Loaf) | 2.61 C$ | 3.40 C$ | +30.4 % |
| White Rice (1 lb) | 1.06 C$ | 2.19 C$ | +107.2 % |
| Eggs (12, Large Size) | 4.45 C$ | 4.71 C$ | +6.0 % |
| Local Cheese (1 lb) | 4.72 C$ | 8.61 C$ | +82.5 % |
| Chicken Fillets (1 lb) | 6.48 C$ | 7.71 C$ | +18.9 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | 4.54 C$ | 10.69 C$ | +135.6 % |
| Apples (1 lb) | 2.37 C$ | 2.48 C$ | +4.5 % |
| Bananas (1 lb) | 0.79 C$ | 0.78 C$ | -1.7 % |
| Oranges (1 lb) | 1.49 C$ | 2.32 C$ | +55.8 % |
| Tomatoes (1 lb) | 2.13 C$ | 2.46 C$ | +15.3 % |
| Potatoes (1 lb) | 1.31 C$ | 1.57 C$ | +20.2 % |
| Onions (1 lb) | 1.24 C$ | 1.38 C$ | +12.0 % |
| Lettuce (1 Head) | 3.17 C$ | 3.41 C$ | +7.5 % |
| Bottled Water (50 oz) | 2.07 C$ | 2.59 C$ | +25.4 % |
| Bottle of Wine (Mid-Range) | 20.00 C$ | 18.00 C$ | -10.0 % |
| Domestic Beer (16.9 oz Bottle) | 3.33 C$ | 3.42 C$ | +2.8 % |
| Imported Beer (12 oz Small Bottle) | 4.49 C$ | 4.21 C$ | -6.3 % |
| Cigarettes (Pack of 20, Marlboro) | 18.99 C$ | 20.80 C$ | +9.5 % |
Transportation | Markham Edit |
Toronto Edit | |
| One-Way Ticket (Local Transport) | 4.25 C$ | 3.35 C$ | -21.2 % |
| Monthly Public Transport Pass (Regular Price) | 129.99 C$ | 156.00 C$ | +20.0 % |
| Taxi Start (Standard Tariff) | 4.90 C$ | 4.25 C$ | -13.3 % |
| Taxi 1 mile (Standard Tariff) | 2.90 C$ | 2.82 C$ | -2.8 % |
| Taxi 1 Hour Waiting (Standard Tariff) | 32.72 C$ | 31.03 C$ | -5.2 % |
| Gasoline (1 Liter) | 1.44 C$ | 1.35 C$ | -5.9 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 33,978.00 C$ | 37,378.00 C$ | +10.0 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 26,935.48 C$ | 28,886.12 C$ | +7.2 % |
Utilities (Monthly) | Markham Edit |
Toronto Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | 206.40 C$ | 198.48 C$ | -3.8 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 40.27 C$ | 49.62 C$ | +23.2 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 71.68 C$ | 71.76 C$ | +0.1 % |
Sports And Leisure | Markham Edit |
Toronto Edit | |
| Monthly Fitness Club Membership | 61.25 C$ | 81.06 C$ | +32.3 % |
| Tennis Court Rental (1 Hour, Weekend) | 26.96 C$ | 29.50 C$ | +9.4 % |
| Cinema Ticket (International Release) | 14.75 C$ | 17.61 C$ | +19.4 % |
Childcare | Markham Edit |
Toronto Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 863.75 C$ | 1,379.72 C$ | +59.7 % |
| International Primary School, Annual Tuition per Child | 23,308.33 C$ | 27,177.81 C$ | +16.6 % |
Clothing And Shoes | Markham Edit |
Toronto Edit | |
| Jeans (Levi's 501 or Similar) | 62.08 C$ | 78.95 C$ | +27.2 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 48.00 C$ | 56.69 C$ | +18.1 % |
| Nike Running Shoes (Mid-Range) | 112.70 C$ | 120.35 C$ | +6.8 % |
| Men's Leather Business Shoes | 135.85 C$ | 155.53 C$ | +14.5 % |
Rent Per Month | Markham Edit |
Toronto Edit | |
| 1 Bedroom Apartment in City Centre | 2,256.67 C$ | 2,341.82 C$ | +3.8 % |
| 1 Bedroom Apartment Outside of City Centre | 1,954.00 C$ | 2,037.93 C$ | +4.3 % |
| 3 Bedroom Apartment in City Centre | 4,050.00 C$ | 3,790.19 C$ | -6.4 % |
| 3 Bedroom Apartment Outside of City Centre | 3,327.50 C$ | 3,128.41 C$ | -6.0 % |
Buy Apartment Price | Markham Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 779.03 C$ | 1,136.14 C$ | +45.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 694.22 C$ | 865.64 C$ | +24.7 % |
Salaries And Financing | Markham Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) | 4,767.52 C$ | 4,990.21 C$ | +4.7 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 5.24 | 4.36 | -16.9 % |
| Last update: | 3 January 2026 | 21 January 2026 | |
| Contributors in the past 12 months: | 12 | 388 | |
Moving to Markham? Explore:
Moving to Toronto? Explore:
Cities near Markham: | Cost of Living in Richmond Hill | 13.52 miles |
| Cost of Living in Vaughan | 16.31 miles |
| Cost of Living in Whitby, ON | 21.58 miles |
| Cost of Living in Toronto | 22.24 miles |
| Cost of Living in Oshawa | 26.84 miles |
| Cost of Living in Brampton | 34.70 miles |
| Cost of Living in Georgina | 37.11 miles |
| Cost of Living in Oakville | 45.50 miles |
| Cost of Living in Burlington | 55.04 miles |
| Cost of Living in Peterborough | 62.06 miles |
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Georgina | 57.04 miles |
| Cost of Living in Guelph | 58.38 miles |