F
29%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
74%
Housing NAT. AVG.
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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. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Princess Margaret Toronto Ontario
Cost of living129114111
Goods & Services108108107
Groceries100100101
Health care103103103
Housing174126120
Transportation107107104
Utilities130130119

Cost Of Living Quick Facts

  • The cost of living in Princess Margaret is 15% higher than the Toronto average
  • The cost of living in Princess Margaret is 29% higher than the national average
  • Princess Margaret housing is 74% higher than the national average
  • Ontario general sales tax is 33% higher than the national average
  • Ontario state income tax is 40% lower than the national average

Most Affordable Places to Live in and Around Princess Margaret

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Compare Toronto, ON Cost of Living

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      Salary Calculator

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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

      State General Sales Tax With Max Surtax
      Ontario 8% 13%

      Ontario Income Tax

      State Income Tax (Low) Income Tax (High)
      Ontario 5.05% 13.16%

      Goods & Services

      Item Toronto National avg. Difference
      Personal Care $102.00$94.338.1%
      Recreation $99.00$102.333.3%

      Groceries

      Item Toronto National avg. Difference
      Meat, Poultry and Fish $99.00$102.273.2%
      Dairy Products and Eggs $101.00$104.673.5%
      Bakery and Cereal Products $97.00$111.6713.1%
      Fruit and Vegetables $98.00$113.4013.6%
      Alcoholic Beverages $102.00$105.803.6%

      Health Care

      Item Toronto National avg. Difference
      Doctor $104.00$101.072.9%

      Housing

      Item Toronto National avg. Difference
      Home Price ($) $1,065,800.00$659,395.0061.6%
      Apartment Rent ($) $2,850.00$2,146.0032.8%

      Transportation

      Item Toronto National avg. Difference
      Gasoline $99.00$102.073.0%

      Utilities

      Item Toronto National avg. Difference
      All Electricity $106.00$98.607.5%
      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

      City Population Cost of Living Index National Avg.
      Brampton, ON735,7541033.0%
      Mississauga, ON764,3421065.8%
      Markham, ON359,11111312.9%
      Vaughan, ON321,97411514.9%
      Toronto, ON3,013,75211414.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Chicago, IL2,699,347n/a 
      Houston, TX2,313,238n/a 
      Los Angeles, CA3,973,278n/a 
      Montréal, QC1,811,0088217.8%
      Phoenix, AZ1,658,422n/a 
      Toronto, ON3,013,75211414.2%
      Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.