Top 10 Costs of Living in Ontario, Canada

Top 10 Costs of Living in Ontario, Canada [2025-2026 Guide]

TL;DR: The average cost of living in Ontario for a single person is approximately CAD $2,500–$3,500 per month, with housing being the largest expense. Costs vary significantly by city, with Toronto being the most expensive and smaller cities offering more affordability. Budgeting for essentials like rent, groceries, transportation, and utilities is key to managing expenses effectively.

How much does it cost to live in Ontario per month?

The average monthly cost of living in Ontario for a single person ranges from CAD $2,500 to $3,500, depending on location and lifestyle. Housing is typically the largest expense, followed by transportation and food. Budgeting carefully and choosing an affordable city can help manage costs effectively.

Key factors influencing monthly expenses include:

• Rent or mortgage payments
• Utility bills (hydro, water, heating)
• Groceries and dining out
• Transportation (public transit, car ownership)
• Healthcare and insurance

What is the average rent in Ontario?

The average rent for a one-bedroom apartment in Ontario is around CAD $1,800–$2,200 per month, but prices vary widely by city. According to the Canada Mortgage and Housing Corporation (CMHC), rental costs in major urban centers like Toronto are significantly higher than in smaller cities. For example, average rents in Toronto often exceed $2,400 for a one-bedroom, while cities like London or Windsor may offer options under $1,600.

Key rental cost insights:

• Toronto: $2,400+ for a one-bedroom
• Ottawa: $1,800–$2,100
• Hamilton: $1,600–$1,900
• Kitchener-Waterloo: $1,700–$2,000
• London: $1,500–$1,800

How much do groceries cost in Ontario?

A single person can expect to spend CAD $300–$500 per month on groceries in Ontario, depending on dietary preferences and shopping habits. Prices for staples like milk, bread, and produce are generally consistent across the province, though name-brand items and organic products can increase the bill. Shopping at discount stores like No Frills or using apps like Flipp for deals can help save money.

Average grocery prices:

• Milk (1L): $2.50–$3.50
• Bread (loaf): $2.50–$4.00
• Eggs (dozen): $3.50–$5.00
• Chicken breast (1kg): $12–$18
• Fresh produce: varies by season

What are the transportation costs in Ontario?

Monthly transportation costs in Ontario range from CAD $150–$600+, depending on whether you use public transit or own a car. According to Metrolinx, a monthly transit pass in the Greater Toronto Area (GTA) costs around $156, while car owners must budget for insurance, fuel, maintenance, and possible parking fees. Insurance alone can average $150–$300 per month in urban areas.

Breakdown of transportation expenses:

• Public transit pass: $150–$170 monthly
• Gasoline: $1.50–$1.80 per liter (varies)
• Car insurance: $150–$300 monthly (higher in Toronto)
• Parking: $100–$300 monthly in cities

How much do utilities cost in Ontario?

The average monthly cost for utilities (hydro, heating, water) in Ontario is CAD $150–$250 for a one-bedroom apartment. Hydro (electricity) rates are regulated by the Ontario Energy Board and can fluctuate seasonally, with higher usage in winter for heating. Many rentals include some utilities, so always confirm what’s covered in your lease.

Typical utility expenses:

• Hydro (electricity): $60–$100 monthly
• Heating (gas or electric): $50–$100 monthly
• Water: often included in rent or strata fees
• Internet: $60–$100 monthly

What are the healthcare costs in Ontario?

Basic healthcare is covered by the Ontario Health Insurance Plan (OHIP) for eligible residents, but additional costs like dental, vision, and prescription drugs are not included. According to the Ontario Ministry of Health, most residents spend CAD $50–$150 monthly on supplemental health expenses, such as medications or private insurance. Newcomers should apply for OHIP as soon as they meet eligibility requirements.

Common out-of-pocket healthcare costs:

• Dental check-up: $100–$200
• Eye exam: $80–$120
• Prescription drugs: variable, often $20–$100 monthly
• Private health insurance: $50–$150 monthly (for uncovered services)

How much does education cost in Ontario?

Public education is free for residents from kindergarten to grade 12, but post-secondary tuition fees vary widely. According to Statistics Canada, average undergraduate tuition in Ontario is approximately CAD $7,000–$11,000 per year for domestic students, while international students may pay $25,000–$40,000 annually. Additional costs like books, supplies, and housing should be budgeted separately.

Education cost overview:

• Public school (K-12): free for residents
• College/undergraduate tuition: $7,000–$11,000 per year (domestic)
• University tuition: $6,000–$15,000+ per year (domestic)
• International student fees: significantly higher

What are the taxes in Ontario?

Ontario residents pay federal and provincial taxes, with income tax rates ranging from 5.05% to 13.16% depending on income level. According to the Canada Revenue Agency (CRA), the combined federal and provincial tax burden for an average income earner is approximately 20–30%. Additionally, a 13% Harmonized Sales Tax (HST) applies to most goods and services.

Key tax details:

• Income tax: progressive rates based on earnings
• HST: 13% on most purchases (some exemptions apply)
• Property tax: applicable for homeowners, varies by municipality
• Tax credits and benefits available for eligible individuals

How does the cost of living vary by city in Ontario?

The cost of living in Ontario varies significantly by city, with Toronto being the most expensive and smaller cities like Thunder Bay or Windsor offering lower costs. According to Numbeo and CMHC data, housing is the primary differentiator, but transportation, groceries, and entertainment also contribute to regional differences. For example, renting in Toronto can be 50% more expensive than in Ottawa or London.

City comparison (single person, monthly):

• Toronto: $3,000–$4,000+
• Ottawa: $2,500–$3,200
• Hamilton: $2,200–$2,800
• London: $2,000–$2,600
• Thunder Bay: $1,800–$2,400

How can I budget effectively for living in Ontario?

To budget effectively for living in Ontario, track your expenses, prioritize needs over wants, and use tools like Evola AI’s Cost of Living Calculator to plan accurately. Start by outlining fixed costs (rent, utilities) and variable expenses (groceries, entertainment), and aim to save at least 10–20% of your income. Apps like Mint or YNAB can also help monitor spending.

Budgeting tips:

• Use the 50/30/20 rule: 50% needs, 30% wants, 20% savings
• Compare rental markets using sites like PadMapper or Kijiji
• Take advantage of loyalty programs and seasonal sales
• Consider roommates or shared housing to reduce costs
• Plan meals and cook at home to save on food expenses

For personalized guidance, try Evola AI’s Success Predictor to estimate your financial readiness for moving to Ontario.

Conclusion

Understanding the cost of living in Ontario is essential for anyone planning to move or already residing in the province. While expenses like housing and transportation can be high, especially in cities like Toronto, careful budgeting and informed choices can make life affordable and enjoyable. Whether you’re a student, professional, or family, taking advantage of resources—from government programs to AI tools—can help you navigate costs with confidence.

Ready to plan your move to Ontario? Explore more resources and tools at Evola AI.