It’s cheaper to live in Timmins and that’s just a fact. We enjoy significantly lower costs of living when compared with cities in Southern Ontario.
Mortgage payments, property taxes, utilities, and other municipal services – for a family with children – are about 23% lower than Ottawa and 30% lower than Toronto.
Renters in Timmins see prices for a 2 bedroom apartment around 37% lower than in Toronto¹.
With families in Timmins boasting a similar average after-tax income to those in Southern Ontario cities, the lower cost of living means that you have more money left for the things you really want.
¹Noga, Anthony. A Tale of Ten Cities: Comparing Key Costs for a Family of Four in Urban Areas of Northern and Southern Ontario. Thunder Bay: Northern Policy Institute, 2020.
1-130 Spruce St. S.
Timmins, Ontario P4N 2M5
T 705-360-2656
E tedc@timmins.ca
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