Cost of Living Comparison Between Toronto and Oakville 

Indices DifferenceInfo
Consumer Prices in Oakville are 12.6% lower than in Toronto (without rent)
Consumer Prices Including Rent in Oakville are 13.6% lower than in Toronto
Rent Prices in Oakville are 15.3% lower than in Toronto
Restaurant Prices in Oakville are 17.2% lower than in Toronto
Groceries Prices in Oakville are 13.8% lower than in Toronto
Local Purchasing Power in Oakville is 6.3% lower than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Oakville Edit Difference
Meal, Inexpensive Restaurant 25.00 C$ 20.00 C$      -20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$ 100.00 C$      -16.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$ 14.00 C$      -6.7 %
Domestic Beer (1 pint draught) 8.50 C$ 8.00 C$      -5.9 %
Imported Beer (12 oz small bottle) 10.00 C$ 8.00 C$      -20.0 %
Cappuccino (regular) 5.44 C$ 4.71 C$      -13.4 %
Coke/Pepsi (12 oz small bottle) 2.88 C$ 1.44 C$      -49.9 %
Water (12 oz small bottle) 2.24 C$ 1.61 C$      -28.1 %
Markets
Toronto Edit Oakville Edit
Milk (regular), (1 gallon) 15.88 C$ 10.69 C$      -32.7 %
Loaf of Fresh White Bread (1 lb) 3.45 C$ 3.03 C$      -12.2 %
Rice (white), (1 lb) 2.16 C$ 1.42 C$      -34.5 %
Eggs (regular) (12) 4.82 C$ 4.24 C$      -12.0 %
Local Cheese (1 lb) 6.84 C$ 7.37 C$      +7.8 %
Chicken Fillets (1 lb) 7.71 C$ 6.78 C$      -12.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.73 C$ 6.99 C$      -20.0 %
Apples (1 lb) 2.44 C$ 1.81 C$      -25.7 %
Banana (1 lb) 0.89 C$ 0.73 C$      -18.8 %
Oranges (1 lb) 2.48 C$ 1.77 C$      -28.7 %
Tomato (1 lb) 2.31 C$ 2.73 C$      +18.0 %
Potato (1 lb) 1.65 C$ 1.12 C$      -32.3 %
Onion (1 lb) 1.73 C$ 1.83 C$      +5.6 %
Lettuce (1 head) 3.13 C$ 2.33 C$      -25.4 %
Water (1.5 liter bottle) 2.48 C$ 2.74 C$      +10.8 %
Bottle of Wine (Mid-Range) 19.00 C$ 17.50 C$      -7.9 %
Domestic Beer (0.5 liter bottle) 3.42 C$ 3.03 C$      -11.5 %
Imported Beer (12 oz small bottle) 3.87 C$ 3.10 C$      -19.9 %
Cigarettes 20 Pack (Marlboro) 20.00 C$ 17.88 C$      -10.6 %
Transportation
Toronto Edit Oakville Edit
One-way Ticket (Local Transport) 3.35 C$ 4.00 C$      +19.4 %
Monthly Pass (Regular Price) 156.00 C$ 136.50 C$      -12.5 %
Taxi Start (Normal Tariff) 5.00 C$ 4.25 C$      -15.0 %
Taxi 1 mile (Normal Tariff) 2.82 C$ 4.99 C$      +77.1 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$ 30.00 C$      -3.2 %
Gasoline (1 gallon) 6.14 C$ 5.68 C$      -7.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$ 33,978.00 C$      -1.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,657.50 C$ 27,382.58 C$      -10.7 %
Utilities (Monthly)
Toronto Edit Oakville Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 165.77 C$ 250.00 C$      +50.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 64.21 C$ 56.97 C$      -11.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.13 C$ 73.16 C$      +0.0 %
Sports And Leisure
Toronto Edit Oakville Edit
Fitness Club, Monthly Fee for 1 Adult 74.17 C$ 40.00 C$      -46.1 %
Tennis Court Rent (1 Hour on Weekend) 29.11 C$ 0.00 C$      -100.0 %
Cinema, International Release, 1 Seat 18.00 C$ 15.69 C$      -12.8 %
Childcare
Toronto Edit Oakville Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,545.84 C$ 1,500.00 C$      -3.0 %
International Primary School, Yearly for 1 Child 24,963.85 C$ 25,000.00 C$      +0.1 %
Clothing And Shoes
Toronto Edit Oakville Edit
1 Pair of Jeans (Levis 501 Or Similar) 81.98 C$ 84.22 C$      +2.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.60 C$ 60.00 C$      +18.6 %
1 Pair of Nike Running Shoes (Mid-Range) 133.59 C$ 135.00 C$      +1.1 %
1 Pair of Men Leather Business Shoes 162.83 C$ 151.17 C$      -7.2 %
Rent Per Month
Toronto Edit Oakville Edit
Apartment (1 bedroom) in City Centre 2,524.21 C$ 2,333.33 C$      -7.6 %
Apartment (1 bedroom) Outside of Centre 2,231.16 C$ 1,900.00 C$      -14.8 %
Apartment (3 bedrooms) in City Centre 4,459.42 C$ 3,500.00 C$      -21.5 %
Apartment (3 bedrooms) Outside of Centre 3,629.21 C$ 3,150.00 C$      -13.2 %
Buy Apartment Price
Toronto Edit Oakville Edit
Price per Square Feet to Buy Apartment in City Centre 1,303.09 C$ 540.00 C$      -58.6 %
Price per Square Feet to Buy Apartment Outside of Centre 1,019.91 C$ 929.02 C$      -8.9 %
Salaries And Financing
Toronto Edit Oakville Edit
Average Monthly Net Salary (After Tax) 4,789.34 C$ 3,875.00 C$      -19.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.92      +5.7 %
Last update: May 2024May 2024
Contributors in the past 12 months:78931