A+
23%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
59%
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 Lake Nipigon Ontario National
Cost of living77111100
Goods & Services91107100
Groceries101101100
Health care91103100
Housing41120100
Transportation96104100
Utilities87119100

Cost Of Living Quick Facts

  • The cost of living in Lake Nipigon is 31% lower than the Ontario average
  • The cost of living in Lake Nipigon is 23% lower than the national average
  • Lake Nipigon housing is 59% 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

Most Affordable Places to Live in and Around Lake Nipigon

30 km
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Compare Lake Nipigon, ON Cost of Living

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      Salary Calculator

          This is how much you would need to earn in
          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 Lake Nipigon National avg. Difference
          Personal Care $86.00$94.338.8%
          Recreation $98.00$102.334.2%

          Groceries

          Item Lake Nipigon National avg. Difference
          Meat, Poultry and Fish $101.00$102.271.2%
          Dairy Products and Eggs $94.00$104.6710.2%
          Bakery and Cereal Products $98.00$111.6712.2%
          Fruit and Vegetables $103.00$113.409.2%
          Alcoholic Beverages $101.00$105.804.5%

          Health Care

          Item Lake Nipigon National avg. Difference
          Doctor $95.00$101.076.0%

          Housing

          Item Lake Nipigon National avg. Difference
          Home Price ($) $n/a$659,395.00100.0%
          Apartment Rent ($) $n/a$2,146.00100.0%

          Transportation

          Item Lake Nipigon National avg. Difference
          Gasoline $94.00$102.077.9%

          Utilities

          Item Lake Nipigon National avg. Difference
          All Electricity $91.00$98.607.7%
          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.
          Greenstone, ON4,7027030.0%
          Lake Nipigon, ON217722.7%

          Cities with similar population

          City Population Cost of Living Index National Avg.
          Pedro Bay, AK21n/a 
          Wiederkehr Village, AR21n/a 
          Bucks Lake, CA21n/a 
          Old Station, CA21n/a 
          Tennant, CA21n/a 
          Lake Nipigon, ON217722.7%
          Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.