A+
27%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
72%
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 of the Woods Ontario National
Cost of living73111100
Goods & Services91107100
Groceries101101100
Health care91103100
Housing28120100
Transportation96104100
Utilities87119100

Cost Of Living Quick Facts

  • The cost of living in Lake of the Woods is 34% lower than the Ontario average
  • The cost of living in Lake of the Woods is 27% lower than the national average
  • Lake of the Woods housing is 72% 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 of the Woods

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Compare Lake of the Woods, 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 of the Woods National avg. Difference
          Personal Care $86.00$94.338.8%
          Recreation $98.00$102.334.2%

          Groceries

          Item Lake of the Woods 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 of the Woods National avg. Difference
          Doctor $95.00$101.076.0%

          Housing

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

          Transportation

          Item Lake of the Woods National avg. Difference
          Gasoline $94.00$102.077.9%

          Utilities

          Item Lake of the Woods 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.
          Big Grassy River 35G, ON2337623.6%
          Big Island Mainland 93, ON117623.6%
          Saug-a-Gaw-Sing 1, ON928217.9%
          Lake of the Woods, ON1977326.6%

          Cities with similar population

          City Population Cost of Living Index National Avg.
          Black Oak, AR197n/a 
          Wainiha, HI197n/a 
          Island Park, ID197n/a 
          White City, IL197n/a 
          Morganville, KS197n/a 
          Lake of the Woods, ON1977326.6%
          Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.