Magnetawan, Ontario Cost Of Living

B

9%

Overall NAT. AVG.

8%

Goods & Services NAT. AVG.

51%

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	Magnetawan	Ontario	National
Cost of living	91	111	100
Goods & Services	108	107	100
Groceries	100	101	100
Health care	103	103	100
Housing	49	120	100
Transportation	107	104	100
Utilities	130	119	100

Cost Of Living Quick Facts

The cost of living in Magnetawan is 18% lower than the Ontario average
The cost of living in Magnetawan is 9% lower than the national average
Magnetawan housing is 51% lower 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

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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	Magnetawan	National avg.	Difference
Personal Care	$102.00	$94.33	8.1%
Recreation	$99.00	$102.33	3.3%

Groceries

Item	Magnetawan	National avg.	Difference
Meat, Poultry and Fish	$99.00	$102.27	3.2%
Dairy Products and Eggs	$101.00	$104.67	3.5%
Bakery and Cereal Products	$97.00	$111.67	13.1%
Fruit and Vegetables	$98.00	$113.40	13.6%
Alcoholic Beverages	$102.00	$105.80	3.6%

Health Care

Item	Magnetawan	National avg.	Difference
Doctor	$104.00	$101.07	2.9%

Housing

Item	Magnetawan	National avg.	Difference
Home Price ($)	$n/a	$659,395.00	100.0%
Apartment Rent ($)	$n/a	$2,146.00	100.0%

Transportation

Item	Magnetawan	National avg.	Difference
Gasoline	$99.00	$102.07	3.0%

Utilities

Item	Magnetawan	National avg.	Difference
All Electricity	$106.00	$98.60	7.5%

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.
South River, ON	1,277	84	15.8%
Sundridge, ON	1,053	86	13.9%
Burk's Falls, ON	1,037	87	12.6%
McMurrich/Monteith, ON	887	88	11.7%
Strong, ON	1,479	89	11.3%
Magnetawan, ON	1,426	91	8.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Grand Marais, MN	1,426	n/a
Green Springs, OH	1,426	n/a
Wotton, QC	1,426	69	30.5%
Shellbrook, SK	1,426	85	14.8%
North Granby, CT	1,425	n/a
Magnetawan, ON	1,426	91	8.8%

Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.