A+
Overall 24%
Goods & Services 9%
Housing 65%
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Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexThunder BayOntarioNational
Cost of living76111100
Goods & Services91107100
Groceries101101100
Health care91103100
Housing35120100
Transportation96104100
Utilities87119100

Key findings

  • The cost of living in Thunder Bay is 32% lower than the Ontario average
  • The cost of living in Thunder Bay is 24% lower than the national average
  • Thunder Bay housing is 65% lower than the national average
  • Ontario sales tax is 33% higher than the national average
  • Ontario income tax is 40% lower than the national average

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Compare Thunder Bay, ON Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Ontario Sales Tax

      ProvinceProvincial TaxTotal Tax Rate
      Ontario8%13%

      Ontario Income Tax

      ProvinceIncome Tax (Low)Income Tax (High)
      Ontario5.05%13.16%

      Goods & Services

      ItemThunder BayNational avg.Difference
      Personal Care 86948.8%
      Recreation 981024.2%

      Groceries

      ItemThunder BayNational avg.Difference
      Meat, Poultry and Fish 1011021.2%
      Dairy Products and Eggs 9410510.2%
      Bakery and Cereal Products 9811212.2%
      Fruit and Vegetables 1031139.2%
      Alcoholic Beverages 1011064.5%

      Health Care

      ItemThunder BayNational avg.Difference
      Doctor 951016.0%

      Housing

      ItemThunder BayNational avg.Difference
      Home Price ($) 249,911663,50362.3%
      Apartment Rent ($) 1,0101,27420.7%

      Transportation

      ItemThunder BayNational avg.Difference
      Gasoline 941027.9%

      Utilities

      ItemThunder BayNational avg.Difference
      All Electricity91997.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      CityPopulationCost of Living IndexNational Avg.
      Fort William 52, ON1,0717524.6%
      Oliver Paipoonge, ON6,4337921.0%
      Thunder Bay, ON111,4997624.4%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Rochester, MN111,396n/a 
      Clearwater, FL111,747n/a 
      Westminster, CO111,770n/a 
      Elgin, IL111,919n/a 
      Inglewood, CA111,012n/a 
      Thunder Bay, ON111,4997624.4%
      Source: The Thunder Bay, ON data and statistics displayed above are derived from Statistics Canada 2020.