Cost Of Living Adjustment 2024 Ontario. Over $3500 per month is the cost that comes over to the single person. Ontario ranked 3rd most expensive and 4th best state to live in canada.

The adjustment is based on 100% of the adjustment in the consumer price index (cpi), a weighted basket of goods and services typically purchased by canadian households each month. Experts predict a 2.63% hike, significantly less than the 3.2% increase in 2024 and the 8.7% surge in 2022.