Cost of Living Comparison Between Niagara Falls and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 17.6% higher than in Niagara Falls (excluding rent)
Cost of Living Including Rent in Toronto is 24.6% higher than in Niagara Falls
Rent Prices in Toronto are 42.6% higher than in Niagara Falls
Restaurant Prices in Toronto are 13.4% higher than in Niagara Falls
Groceries Prices in Toronto are 8.6% higher than in Niagara Falls
Local Purchasing Power in Toronto is 4.9% lower than in Niagara Falls
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Niagara Falls Edit Toronto Edit Difference
Meal at an Inexpensive Restaurant 22.50 C$ 25.00 C$      +11.1 %
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) 92.50 C$ 120.00 C$      +29.7 %
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) 17.25 C$ 16.00 C$      -7.2 %
Domestic Draft Beer (1 Pint) 8.00 C$ 9.00 C$      +12.5 %
Imported Beer (12 oz Small Bottle) 8.00 C$ 10.00 C$      +25.0 %
Cappuccino (Regular Size) 5.33 C$ 5.54 C$      +3.9 %
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) 2.49 C$ 2.99 C$      +19.9 %
Bottled Water (12 oz) 2.23 C$ 2.46 C$      +10.3 %
Markets
Niagara Falls Edit Toronto Edit
Milk (Regular, 1 Liter) 2.77 C$ 3.85 C$      +39.4 %
Fresh White Bread (1 lb Loaf) 3.33 C$ 3.40 C$      +2.0 %
White Rice (1 lb) 2.26 C$ 2.14 C$      -5.3 %
Eggs (12, Large Size) 5.54 C$ 4.84 C$      -12.6 %
Local Cheese (1 lb) 7.54 C$ 7.89 C$      +4.6 %
Chicken Fillets (1 lb) 7.06 C$ 7.89 C$      +11.6 %
Beef Round or Equivalent Back Leg Red Meat (1 lb) 9.11 C$ 10.57 C$      +16.1 %
Apples (1 lb) 2.75 C$ 2.42 C$      -12.1 %
Bananas (1 lb) 0.73 C$ 0.82 C$      +12.2 %
Oranges (1 lb) 2.14 C$ 2.33 C$      +8.9 %
Tomatoes (1 lb) 2.34 C$ 2.52 C$      +7.4 %
Potatoes (1 lb) 1.22 C$ 1.51 C$      +23.8 %
Onions (1 lb) 1.66 C$ 1.18 C$      -28.8 %
Lettuce (1 Head) 3.15 C$ 3.46 C$      +9.9 %
Bottled Water (50 oz) 2.00 C$ 2.52 C$      +26.0 %
Bottle of Wine (Mid-Range) 17.50 C$ 18.00 C$      +2.9 %
Domestic Beer (16.9 oz Bottle) 3.26 C$ 3.41 C$      +4.6 %
Imported Beer (12 oz Small Bottle) 3.64 C$ 4.29 C$      +18.0 %
Cigarettes (Pack of 20, Marlboro) 16.50 C$ 20.00 C$      +21.2 %
Transportation
Niagara Falls Edit Toronto Edit
One-Way Ticket (Local Transport) 3.00 C$ 3.35 C$      +11.7 %
Monthly Public Transport Pass (Regular Price) 85.70 C$ 156.00 C$      +82.0 %
Taxi Start (Standard Tariff) 4.25 C$ 4.25 C$      0.0 %
Taxi 1 mile (Standard Tariff) 2.82 C$ 2.82 C$      0.0 %
Taxi 1 Hour Waiting (Standard Tariff) 30.00 C$ 31.03 C$      +3.4 %
Gasoline (1 Liter) 1.45 C$ 1.35 C$      -7.1 %
Volkswagen Golf 1.5 (or Equivalent New Compact Car) 35,000.00 C$ 37,378.00 C$      +6.8 %
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) 26,938.06 C$ 28,678.53 C$      +6.5 %
Utilities (Monthly)
Niagara Falls Edit Toronto Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) 201.25 C$ 206.20 C$      +2.5 %
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) 45.00 C$ 51.85 C$      +15.2 %
Broadband Internet (Unlimited Data, 60 Mbps or Higher) 67.36 C$ 74.00 C$      +9.9 %
Sports And Leisure
Niagara Falls Edit Toronto Edit
Monthly Fitness Club Membership 27.50 C$ 79.22 C$      +188.1 %
Tennis Court Rental (1 Hour, Weekend) 41.14 C$ 29.53 C$      -28.2 %
Cinema Ticket (International Release) 12.00 C$ 17.99 C$      +50.0 %
Childcare
Niagara Falls Edit Toronto Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child 495.70 C$ 1,438.19 C$      +190.1 %
International Primary School, Annual Tuition per Child 27,117.00 C$ 27,932.06 C$      +3.0 %
Clothing And Shoes
Niagara Falls Edit Toronto Edit
Jeans (Levi's 501 or Similar) 60.87 C$ 79.95 C$      +31.4 %
Summer Dress in a Chain Store (e.g. Zara or H&M) 54.53 C$ 61.69 C$      +13.1 %
Nike Running Shoes (Mid-Range) 108.33 C$ 124.35 C$      +14.8 %
Men's Leather Business Shoes 119.00 C$ 162.84 C$      +36.8 %
Rent Per Month
Niagara Falls Edit Toronto Edit
1 Bedroom Apartment in City Centre 1,761.62 C$ 2,323.18 C$      +31.9 %
1 Bedroom Apartment Outside of City Centre 1,500.00 C$ 2,025.86 C$      +35.1 %
3 Bedroom Apartment in City Centre 2,145.00 C$ 3,701.80 C$      +72.6 %
3 Bedroom Apartment Outside of City Centre 2,433.33 C$ 3,131.00 C$      +28.7 %
Buy Apartment Price
Niagara Falls Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 503.00 C$ 1,139.52 C$      +126.5 %
Price per Square Feet to Buy Apartment Outside of Centre 503.00 C$ 889.44 C$      +76.8 %
Salaries And Financing
Niagara Falls Edit Toronto Edit
Average Monthly Net Salary (After Tax) 4,198.40 C$ 4,975.49 C$      +18.5 %
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.41 4.42      -18.3 %
Last update: 1 December 202514 February 2026
Contributors in the past 12 months:5373