Skyline of London
Cost of Living: 108 422,000

London, Canada

A thriving city in southwestern Ontario, known for Western University, its growing tech sector, and the scenic Thames River pathways.

Updated August 11, 2026
Cost of Living 108

Above Average vs Canada Avg (100)

Housing Index 105

Above Average

Median Income C$58,000

Household income

Unemployment 6.0%

Job market health

London vs Canada Average

Cost of Living
London: 108
Canada Avg: 100
Housing Index
London: 105
Canada Avg: 100
State Income Tax
London: 5.05%

Taxes

  • State Income Tax: 5.0%
  • Sales Tax: 13.0%

Economy & Jobs

  • Median Income: C$58,000
  • Unemployment: 6.0%
  • Population: 422,000

Climate

  • Sunny Days: 195/year
  • Summer High: 78°F
  • Winter Low: 15°F
  • Farming Zone: USDA Zone 5a

Housing

  • Median Home: C$580,000
  • 1BR Rent: C$1500/mo

Cost of Living

London's cost of living index is 108 (Canada average = 100).

CategoryLondonNational AverageDifference
Overall108100+8.0%
Housing105100+5.0%

Data source: Statistics Canada, 2026

Housing Market

MetricValue
Median Home PriceC$580,000
Median Rent (1BR)C$1500/mo
Median Rent (2BR)C$1,875/mo
Price per Sq FtC$386

Data source: Canadian Real Estate Association (CREA), 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

C$
%
$90,000 down
%
%
C$

Utilities

Estimated monthly utility costs for a typical household in London:

UtilityEstimated Monthly CostNotes
ElectricityC$165
Heating & CoolingC$81Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
WaterC$55Includes sewer
Internet (100+ Mbps)C$65Broadband average
Garbage / TrashC$35Private service
Total UtilitiesC$401Monthly estimate (including heating & cooling)

Data sources: Statistics Canada, Canada Energy Regulator, CRTC

Remote Work Score

London scores —/100 for remote work readiness:

Cost of Living
108
Rent
C$1500
Sunny Days
195
Tax
5.05%
Unemployment
6.0%
Climate
78°F / 15°F
Safety
2.1 homicides/100k
Population
422,000
Internet Speed
180 Mbps

Climate

London has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January35°F15°F2.5"
April63°F30°F2.8"
July78°F53°F1.5"
October58°F33°F2.2"
USDA Zone 5a

Cool — many vegetables, some fruit trees

Natural Hazards

London faces the following natural hazards:

Blizzard High Risk

Severe winter storms.

Earthquake High Risk

Active seismic zone with significant earthquake risk.

Wildfire High Risk

Western Canada has frequent wildfire seasons.

Avalanche High Risk

Rockies and coastal mountains with frequent avalanches.

Tornado Moderate Risk

Tornado risk.

Flood Moderate Risk

River flooding.

Tsunami Moderate Risk

Pacific coast with tsunami risk.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 5.05%
  • Sales Tax: 13%
  • Property Tax: ~1% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 6.0%.

Schools & Education

Total Schools

Academic Schedule

School Hours 8:30 AM – 3:00 PM
Academic Year September to June
Term System Semester — Fall (Sep-Jan), Spring (Feb-June)
Summer Break Late June to September (10 weeks)
Winter Break Late December to early January (2 weeks)
Spring Break March (1 week)

March break (1 week). PA days vary by board.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in London, Canada?

The cost of living index in London is 108, which is Higher the Canada national average of 100.

How much does it cost to buy a home in London?

The median home price in London is C$580,000. The housing index is 105.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in London is approximately C$1500/mo.

Does London, ON have income tax?

London is in ON, which has an income tax rate of 5.05%.

What is the climate like in London?

London enjoys approximately 195 sunny days per year. Summer highs reach around 78°F, while winter lows can drop to around 15°F.

Data Sources

  • Cost of Living: Statistics Canada, 2026
  • Housing Data: Canadian Real Estate Association (CREA), 2026
  • Income & Employment: Statistics Canada Labour Force Survey, 2024
  • Utilities Statistics Canada, Canada Energy Regulator, CRTC

Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.