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Cost of Living in Canada by City 2026 | Comparison

Updated

Cost of Living Index by City

City Index (Toronto=100) Monthly Cost (Single) Monthly Cost (Family)
Vancouver 107 $4,100 $7,500
Toronto 100 $3,850 $7,100
Victoria 95 $3,650 $6,700
Calgary 85 $3,250 $6,000
Ottawa 84 $3,200 $5,900
Edmonton 79 $3,050 $5,600
Halifax 78 $3,000 $5,500
Hamilton 77 $2,950 $5,400
Kitchener 75 $2,900 $5,300
Montreal 73 $2,800 $5,200
London 72 $2,750 $5,100
Winnipeg 68 $2,600 $4,800
Quebec City 66 $2,550 $4,700
Saskatoon 66 $2,550 $4,700

Index compares overall cost of living. Toronto = 100 as baseline.

Housing Costs by City

Average Rent (1-Bedroom)

City 1-Bedroom 2-Bedroom Change YoY
Vancouver $2,700 $3,600 +5%
Toronto $2,500 $3,300 +4%
Victoria $2,100 $2,800 +6%
Calgary $1,800 $2,300 +8%
Ottawa $1,900 $2,500 +3%
Montreal $1,600 $2,100 +7%
Edmonton $1,400 $1,800 +10%
Winnipeg $1,200 $1,500 +5%
Halifax $1,900 $2,400 +4%
Quebec City $1,100 $1,400 +6%

Average Home Prices

City Detached Home Condo Benchmark Price
Vancouver $1,950,000 $750,000 $1,200,000
Toronto $1,400,000 $680,000 $1,100,000
Victoria $1,100,000 $550,000 $900,000
Calgary $720,000 $280,000 $580,000
Ottawa $750,000 $420,000 $650,000
Montreal $650,000 $420,000 $550,000
Edmonton $450,000 $200,000 $400,000
Winnipeg $380,000 $220,000 $360,000
Halifax $580,000 $410,000 $530,000

Detailed City Comparisons

Vancouver

Expense Monthly Cost
Rent (1BR) $2,700
Utilities $150
Groceries $550
Transportation $130 (transit pass)
Cell phone $60
Internet $80
Entertainment $200
Total $3,870

Income needed: $70,000-90,000 (single), $120,000+ (family with children)

Toronto

Expense Monthly Cost
Rent (1BR) $2,500
Utilities $130
Groceries $550
Transportation $156 (TTC pass)
Cell phone $60
Internet $75
Entertainment $200
Total $3,671

Income needed: $65,000-85,000 (single), $110,000+ (family with children)

Calgary

Expense Monthly Cost
Rent (1BR) $1,800
Utilities $180
Groceries $500
Transportation $115 (transit) / $350 (car)
Cell phone $60
Internet $70
Entertainment $175
Total $2,900-$3,135

Income needed: $55,000-70,000 (single), $90,000+ (family)

Advantage: No provincial sales tax, lower housing.

Montreal

Expense Monthly Cost
Rent (1BR) $1,600
Utilities $100 (hydro cheap)
Groceries $500
Transportation $94 (STM pass)
Cell phone $45 (QC plans cheaper)
Internet $60
Entertainment $175
Total $2,574

Income needed: $50,000-65,000 (single), $85,000+ (family)

Advantage: Cheap electricity, affordable rent, low childcare ($10/day).

Winnipeg

Expense Monthly Cost
Rent (1BR) $1,200
Utilities $200 (high heating)
Groceries $475
Transportation $105 (transit)
Cell phone $55
Internet $65
Entertainment $150
Total $2,250

Income needed: $45,000-55,000 (single), $75,000+ (family)

Advantage: Very affordable housing, lower overall costs.

Groceries Comparison

Item Vancouver Toronto Montreal Calgary Winnipeg
Milk (4L) $6.99 $6.79 $6.49 $5.99 $5.79
Bread (loaf) $3.99 $3.79 $3.49 $3.29 $3.19
Eggs (dozen) $5.49 $5.29 $4.99 $4.99 $4.59
Chicken (kg) $14.99 $14.49 $13.99 $12.99 $12.49
Apples (kg) $4.99 $4.79 $4.49 $4.29 $3.99
Rice (kg) $4.49 $4.29 $3.99 $3.99 $3.79

Monthly grocery budget (single): $450-600 depending on city

Transportation Costs

City Transit Pass Gas (L) Insurance (Annual)
Vancouver $130 $1.70 $1,800-2,400
Toronto $156 $1.55 $2,000-3,000
Calgary $115 $1.40 $1,400-1,800
Edmonton $100 $1.38 $1,400-1,800
Montreal $94 $1.65 $800-1,200
Ottawa $125 $1.50 $1,600-2,200
Winnipeg $105 $1.45 $1,200-1,600

Note: Quebec and Manitoba have public auto insurance (cheaper).

Childcare Costs

Province Average Monthly Cost Subsidized
Quebec $10/day (~$200/month) Yes (universal)
Other provinces $1,000-2,000/month Varies
Federal $10/day goal Rolling out By 2026 target

Quebec’s $10/day childcare saves families $15,000-20,000/year compared to other provinces.

Taxes by Province

Province Top Marginal Rate Sales Tax Tax Advantage
Alberta 48% 5% (GST only) Lowest sales tax
Ontario 53.5% 13% HST
BC 53.5% 12% (GST+PST)
Quebec 53.3% 14.975% Higher, but services
Manitoba 50.4% 12%
Saskatchewan 47.5% 11% Lower income tax

Quality of Life Factors

City Weather Transit Safety Healthcare Jobs
Vancouver Mild, rainy Good Good Good Tech, film
Toronto Variable Good Good Good Finance, tech
Calgary Cold, sunny Fair Good Good Oil & gas, tech
Montreal Cold Excellent Good Good Aerospace, AI
Ottawa Cold Good Excellent Good Government, tech
Halifax Moderate Fair Excellent Good Education, military
Winnipeg Very cold Fair Fair Good Manufacturing, agriculture

Best City for Your Situation

Situation Recommended City
Highest salary potential Toronto, Vancouver
Best affordability Winnipeg, Quebec City
Balance of both Calgary, Ottawa, Montreal
Young family Montreal (childcare), Calgary (space)
Outdoor lifestyle Vancouver, Calgary, Victoria
New immigrants Toronto, Vancouver (communities)
Retirees Victoria, Halifax, small-town BC/QC