Cost of Living in Peel
Housing and rental accommodation costs within Peel (Brampton, Caledon and Mississauga) vary between and within these cities. Costs will vary for a number of reasons such as the size of the property, the size and type of housing unit, its location, and its closeness to facilities and services.
- Average monthly rental costs in Peel Region for 2009
- Average price of single-detached home in Peel Region for 2009
- Food costs
- Public transit costs
- Conversion calculator
Average monthly rental costs in Peel Region for 2009 (Canadian dollars)
| Municipality | Type of apartment | ||||
|---|---|---|---|---|---|
| Bachelor | 1 bedroom | 2 bedroom | 3 bedroom | Total | |
| Mississauga | $725 | $928 | $1,067 | $1,232 | $1,026 |
| Brampton | $718 | $930 | $1,072 | $1,198 | $1,035 |
| Caledon | - | - | $890 | - | $868 |
| Peel | $723 | $929 | $1,068 | $1,220 | $1,028 |
Source: Canada Mortgage and Housing Corporation (CMHC) Rental Market Report - Greater Toronto Area (Fall 2009) (October 2009 data)
There are several web-based resources that can help you find an apartment to rent in Peel. These include the classified sections of local and major newspapers and several websites with built-in search engines.
Apartment rental websites:
- View it.ca
- Renters News (Covers southern Ontario)
- Apartment Corner (Covers Canada)
On-line classifieds in local and Greater Toronto Area newspapers:
- Mississauga News
- Brampton News
- Caledon Citizen
- North Peel Classifieds (Brampton Guardian and Caledon Enterprise)
- Toronto Star
Average price homes in Peel Region for 2009, year-end (Canadian dollars)
| Municipality | New Single - Detached Home | Resale Single-Detached Home | Resale Semi - Detached Home | Resale Condo Apartment | Resale Condo Townhouse | Attached / Row / Townhouse |
|---|---|---|---|---|---|---|
| Peel | $512,627 | $471,618 | $326,357 | $217,474 | $258,445 | $304,531 |
| Mississauga | $662,211 | $566,545 | $362,172 | $224,733 | $276,878 | $356,309 |
| Brampton | $460,487 | $396,072 | $291,244 | $170,972 | $199,457 | $282,419 |
| Caledon | $889,927 | $505,217 | $312,000 | - | - | $287,750 |
Sources:Canada Mortgage and Housing Corporation (CMHC) Housing Now - Greater Toronto Area (December 2009); Toronto Real Estate Board (TREB) Market Watch (December 2009).
Food costs
Food costs will vary according to family size and location. The average food costs based on the nutritious food basket for a family of four* in Peel in 2010 is about $692.25 Canadian per month. This represents an increase of 2.3% from 2009 ($676.65).
* Two adults (male and female aged 25-49), boy 13-15 years of age, and a girl 7 to 9 years old.
Public transit costs
There are several municipally run public transit systems in Peel. Each municipality is responsible for setting their own fares.
- Mississauga Transit fares (2010) (PDF)
- Brampton Transit fares
- TransHelp fares (Region of Peel)
(TransHelp is a transit service run by the Region of Peel. This service is for people living in Peel who regularly use a wheelchair due to functional mobility problems, or are physically unable to board public transit vehicles.)
Conversion Calculator
Use the Bank of Canada website to find out how much a Canadian dollar is worth in your home country's currency.