Greater Toronto Area has become a very popular destination in the last decade, for tourists and new residents alike. And based on Number 1 Movers Van Lines experience, Mississauga and Toronto are the places people move the most to. If you’re also one of those considering a move to this area, you’ll need to compare the two cities and make a decision. That being said, the easiest way to do so is to compare the Mississauga vs Toronto cost of living.
Main factors that determine the Mississauga vs Toronto cost of living
The cost of living is the amount of money you will need to live comfortably in a certain place. You should think about this well before hiring some Mississauga office movers. Even though the salaries are good, they are usually followed by high costs of living. That being said, you’ll need to consider the prices of housing, groceries, transportation, utilities, and childcare before you decide where you want to live.
What is the cost of living in Mississauga?
The River of the North of Many Mouths, as they call Mississauga, is the 6th largest city in Canada, with a population of a little over 700,000. It has a steady population growth of 0.98%, which means that reputable movers Mississauga have been busy year-round. It is known as one of the more expensive cities in the area, so we will break down the costs.
The price range for buying an apartment is from 7,500 to 10,000 C$ per square meter, depending on the location. When compared to the national average, groceries are more affordable. Transportation, on the other hand, is around the national average. One liter of gasoline costs 1.80C$ at the moment, but experts predict a nationwide price drop. Utilities and childcare are also a tad higher than the national average, starting from 1,580 C$ per month for kindergarten.
Is Toronto as expensive as they say?
When foreigners think of Canada, most get images of the CN Tower in their minds. But as beautiful and popular as it is, it is also expensive. As a matter of fact, it is more expensive than 66% of cities in North America. It has had a steady population growth of 0.90% for the past few years, but the recent price increases have made many people doubt this decision.
So, if you are still determined to hire some movers Toronto, let’s talk costs. Buying an apartment will cost you from 10,000 to 13,000 C$ per square meter, while rent costs from 2,000 to 3,600 C$. Experts have estimated, after the price increase, that you will need 360 C$ per month only for groceries. Thanks to a well-developed public transport system, the higher price paid is well worth it. Childcare and utility costs don’t go far beyond the national average.
Mississauga vs Toronto cost of living – which is more affordable?
Taking into consideration everything previously said, the result of the Mississauga vs Toronto cost of living comparison is that: Mississauga is 3% more affordable than Toronto. But with a distance of 27.7 miles, you will be technically living in the same territory – the Greater Toronto Area, so you should choose the more affordable place. The decision is yours, after all, so good luck!