Cost of Living in Homewood vs Toronto

Cost of living in Homewood is 24% lower than in Toronto (without rent).

Rent in Homewood is 25% cheaper than in Toronto.

Cost of living including rent in Homewood is 25% lower than in Toronto.

Food in Homewood is 7% cheaper than in Toronto.

Transport in Homewood is 80% cheaper than in Toronto.

Homewood vs. Toronto Comparision

Homewood Toronto
Cost of Living, including rent
1,936 $
2,575 $
Without Rent
775 $
1,024 $
Rent & Utilities
1,162 $
1,551 $
Food
580 $
626 $
Transport
50 $
255 $
Monthly Salary, after tax
3,442 $
3,590 $
Quality of Life
62
94
Population
26.4K
2.8M

Compare other cities?

Homewood Toronto

Restaurants

Lunch menu,
inexpensive restaurant
16 $ 16.4 $
Dinner, for 2 63.6 $ 81.8 $
Fast food, McDonalds or KFC 9.94 $ 11 $
Beer, 0.5 L or 16 fl oz 5.91 $ 6.33 $
Capuccino 5.19 $ 4.66 $
Coke, 330ml 2.23 $ 2.14 $

Markets

Milk, 1 L or 1 qt 1.07 $ 3.15 $
Bread, 0.5 kg or 1 lb 3.2 $ 2.6 $
Rice, 1 kg or 2 lb 3.24 $ 3.08 $
Eggs, 12 pack 3.52 $ 3.95 $
Cheese, 1 kg or 2 lb 12.4 $ 14 $
Chicken Breast, 1 kg or 2 lb 12.5 $ 13 $
Round Steak, 1 kg or 2 lb 14.8 $ 14 $
Apples, 1 kg or 2 lb 5 $ 4.01 $
Banana, 1 kg or 2 lb 1.77 $ 1.46 $
Oranges, 1 kg or 2 lb 4.85 $ 3.58 $
Potatoes, 1 kg or 2 lb 2.83 $ 2.57 $
Onions, 1 kg or 2 lb 3.07 $ 2.82 $
Water, 1 L or 1 qt 1.42 $ 1.24 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.7 $ 2.48 $
Wine, 750 mL bottle 15.6 $ 14.7 $
Beer, 0.5 L or 16 fl oz 3 $ 2.7 $
Cigarette pack 7.14 $ 14.1 $

Transport

Local transport ticket, One-way Ticket 1.68 $ 2.46 $
Monthly pass, Monthly Ticket 52.6 $ 119 $
Gas or petrol, 1 L or 0.26 gal 0.87 $ 1.15 $
Taxi, 8 km 15.8 $ 16.3 $

Personal Care

Doctor visit, private clinic 102 $ 69.6 $
Cold medicine, for 1 week 6.36 $ 13.9 $
Hair shampoo, 400 ml or 12 oz 5.03 $ 7.04 $
Toilet paper, 4 rolls 3.62 $ 3.36 $
Toothpaste, 1 tube 1.91 $ 3.37 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
121 $ 80.8 $
Utility bill - family,
electricity, heating, water & garbage
186 $ 124 $
Internet plan,
+60 Mbps
53.5 $ 50.5 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 931 $ 1,358 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,801 $ 2,388 $
1 Bedroom Apartment, in city center, 40 sq.m 1,211 $ 1,664 $
3 Bedroom Apartment, in city center, 85 sq.m 2,097 $ 2,901 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,534 $ 10,232 $
Price per Square Meter to Buy House, in suburbs 2,404 $ 8,102 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,442 $ 3,590 $
Mortgage Interest Rate, for 20 years fixed-rate 6.52 % 6.43 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 38 $ 56.8 $
Cinema, 1 seat 13.2 $ 13.3 $
Haircut 17.1 $ 23.3 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 90.3 $ 99.9 $
Brand Jeans, Levis 501 50.1 $ 58.7 $

Childcare

Preschool, full day, monthly for 1 child 994 $ 1,200 $
International Primary School, yearly for 1 child 18,413 $ 18,156 $