Cost of living and prices in Peterborough, prices of food, rent, shopping, etc. 🇨🇦
Updated Jul 2023

Peterborough, Canada offers a variety of dining options for travelers. For those looking for a cozy and casual dining experience, there are plenty of family-owned and operated restaurants serving up delicious comfort food. If you're in the mood for something more upscale, Peterborough also has a number of fine dining options with creative and unique menus. Additionally, there are plenty of local cafes and coffee shops for those looking to grab a quick bite or a caffeine fix while exploring the city.

For those with dietary restrictions, Peterborough has plenty of options to choose from. With a growing demand for vegetarian, vegan, and gluten-free options, many restaurants have added specialty menus to cater to these dietary needs. Whether you're in the mood for classic Canadian dishes or international cuisine, Peterborough's food scene has something for everyone. And with many restaurants sourcing their ingredients locally, you can enjoy the freshest produce and meats while supporting the local economy.

Peterborough, Canada is a city filled with exciting business prospects, competitive markets, and unique economic opportunities. As with any city, market prices in Peterborough vary depending on the product or service being bought or sold. However, the city boasts an impressive array of locally owned businesses that help to support its economy while providing residents with a diverse range of goods and services.

Whether you're looking for fresh produce from the local farmer's market, a trendy new outfit from one of Peterborough's many boutique clothing stores, or a night out at one of the city's top-rated restaurants, you'll be sure to find a competitive price point that fits your budget. Overall, the market prices in Peterborough reflect the city's thriving and dynamic business community, providing both residents and visitors with plentiful options at affordable price points.

If you're traveling to Peterborough, Canada, you'll find a range of transportation options available. One popular choice is to rent a car, which gives you the freedom to explore the area at your own pace. There are several car rental agencies in the city, making it easy to find a vehicle that fits your needs. Alternatively, if you prefer not to drive, there are also plenty of taxi companies to choose from, as well as ride-sharing services like Uber. With so many options, it's easy to get around Peterborough and see all the sights the city has to offer.

Another interesting transportation option in Peterborough is the Trent-Severn Waterway. This historic canal system runs through the city and connects Lake Ontario to Lake Huron. You can take a boat tour of the waterway, which provides a unique perspective on the city's history and landscape. Alternatively, you could rent a kayak or paddleboard and explore the waterway on your own. Whether you're interested in history, nature, or just want to try something new, the Trent-Severn Waterway is a must-see attraction when visiting Peterborough.

If you're planning a trip to Peterborough, it's important to keep in mind the cost of utilities. The city has a moderate cost of living, which includes utility expenses like electricity, gas, and water. While the cost of these necessities may vary depending on the size of your home or apartment, they generally fall within the average range for Canada. Overall, the cost of utilities in Peterborough is manageable for both locals and visitors.

One thing to note is that the cost of utilities in Peterborough can change throughout the year. During the winter months, heating costs may rise due to the colder temperatures, so it's important to keep this in mind when planning your trip. However, the city is known for its beautiful summers, which can help offset any higher costs you may face. No matter what time of year you visit, you can expect to pay a fair price for utilities, making Peterborough a great destination for those looking for affordable traveling options.

Peterborough, Canada, boasts a variety of sports and leisure activities thanks to its scenic location and diverse community. One of the most popular activities in the area is canoeing and kayaking in the river and lakes that surround the city. Visitors can rent equipment and explore the waterways or take a guided tour with experienced paddlers. Additionally, Peterborough has several golf courses offering breathtaking views and challenging courses for golf enthusiasts.

If you prefer to stay on land, Peterborough has many parks and trails to explore. One of the most beautiful trails is the Trans-Canada Trail, which winds through forests, fields, and wetlands, offering stunning views. The city also has several sports facilities for those looking to play soccer, basketball, or baseball. For indoor activities, there are also several gyms, fitness centers, and yoga studios. Whatever your interest, Peterborough has plenty of options for sports and leisure activities to make your visit unforgettable.

Salaries in Peterborough, Canada are generally average compared to other cities in Canada. The cost of living in Peterborough is relatively low and therefore, people usually find their salaries to be sufficient. However, the city is experiencing a growth in job opportunities particularly in the healthcare and education sectors, which promises great prospects for people seeking employment. The cost of housing, transportation, and entertainment is lower than other major cities in Canada, which can make living in Peterborough quite affordable.

Financing in Peterborough is an interesting mix of traditional banking and modern fintech options. The major banks, such as RBC, CIBC, and TD Bank, have branches and ATMs throughout the city. In addition, there are a few credit unions that serve the local community. For those looking for alternative financing options, there are fintech solutions like Wealthsimple and FreshBooks that allow for online banking and bookkeeping. The city also has a Business Advisory Centre that offers financing counseling and support to entrepreneurs looking to start or grow their businesses in Peterborough.

Looking for quality childcare in Peterborough, Canada can be a daunting task for parents and guardians alike. School fees and Kindergarten prices can vary, but generally are a significant financial investment. Parents can expect to pay varying amounts depending on which facility they choose. Some schools may offer discounts for multiple children or based on financial need, while others may charge a premium for more specialized programs. Overall, the cost of childcare in Peterborough can be a considerable expense for many families.

When it comes to selecting a school or Kindergarten for your child, it's essential to weigh the cost against the quality of education and care provided. Many factors can affect the price tag, including location, facility amenities, teaching staff qualifications, and curriculum. Parents and guardians may want to consider asking for recommendations from other parents or conducting research on schools and child care providers before making a decision. Despite the cost, investing in quality childcare can have a significant impact on a child's development and future success.

Peterborough, Canada offers a wide range of options for those looking for trendy, affordable clothing and shoes. Whether you're in search of the latest haute couture styles or a comfortable everyday wardrobe, you won't need to venture far to find the perfect look. From well-known department stores to independent boutiques to second-hand shops, Peterborough has something for everyone. Plus, with many stores offering online shopping and in-store pickup, it's easy to shop for your new outfits from the comfort of your own home!

If you're on a budget and looking for great deals on stylish clothing and shoes, you'll want to check out the many thrift stores and consignment shops located throughout Peterborough. Here, you can find pre-owned items in fantastic condition at a fraction of the cost of new garments. For those on the hunt for more high-end designer pieces, you might want to explore the city's premium shopping centres and boutiques. Whatever your style or budget, you're sure to find the perfect outfit in Peterborough.

Short-term rental options are available in various neighborhoods in Peterborough, Canada. These options include apartments, condos, townhouses, and single-family homes. The prices for these short-term rentals may vary based on the neighborhood, the size of the unit, and the amenities it offers. However, compared to other cities, short-term rental options in Peterborough are relatively affordable, making it an attractive option for travellers and those who are looking for temporary living arrangements.

Moreover, staying in a short-term rental provides a more home-like feel, with a fully equipped kitchen and the convenience of having your own private space. Finding a short-term rental for your stay in Peterborough is relatively easy, thanks to various websites that specialize in this area. With many options that can cater to different preferences and budgets, finding the right short-term rental for your stay in Peterborough is only a few clicks away.

When it comes to buying real estate in Peterborough, Canada, there are many options available to potential buyers. From charming historic homes to modern new builds, there is something for everyone in this bustling city. And with a variety of neighborhoods to choose from, buyers can find the perfect home to fit their needs and lifestyle. Prices for real estate in Peterborough vary depending on location, size, and style, but there are options available for every budget.

For those looking for a more affordable option, there are plenty of condos, townhouses, and smaller homes available in Peterborough. These properties are perfect for first-time buyers or those looking to downsize. And for those looking for something a bit more luxurious, there are plenty of upscale homes and estates available in desirable neighborhoods. No matter what type of property you're interested in, there are plenty of buying options and prices to fit any budget in Peterborough.