Cost of living

Cost of living in Hamilton

Average rent and household spending in Hamilton — and a quick check of whether your rent is reasonable for your income.

Average rent in Hamilton

CMHC, apartment structures of three units and over.

Bachelor$1,078/mo
1 bedroom$1,402/mo
2 bedroom$1,659/mo
3 bedroom$1,866/mo

Is your rent reasonable?

Check your rent in Hamilton

Optional — to check the 30% affordability guideline.

That's about average for Hamilton ($1,659).

Household spending in Ontario

Average household, per year (Survey of Household Spending).

Living costs
$81,975
Shelter
$29,312
Total
$117,721

Educational information only — not financial advice. Rents are CMHC averages; actual options vary by neighbourhood and building.

What's next

Rent vs buyWhen buying beats renting.What home can you afford?The max price your income supports.Salary to buy a homeThe income a lender would require.