What’s the Cost of Living in Milton? A Breakdown for 2025 Home Buyers

by Fawad Nissari

Thinking About Moving to Milton? Here’s What It Costs to Live Here

Milton is one of the fastest-growing cities in Ontario, offering a balance of affordable housing, great schools, and easy access to the GTA. But how much does it actually cost to live here in 2025?

If you’re planning to buy a home in Milton, it’s important to factor in not just home prices, but also property taxes, utilities, and other living expenses.

This guide provides a detailed breakdown of the cost of living in Milton, so you can plan your budget before making a move.

1. Housing Costs in Milton (2025)

The biggest expense for most families is housing. Whether you’re buying or renting, here’s what you can expect to pay:

📌 Average Home Prices in Milton (2025 Estimates)

Property Type	Average Price
Detached Home	$1,250,000 – $1,500,000
Semi-Detached Home	$950,000 – $1,100,000
Townhouse	$850,000 – $1,000,000
Condo Apartment	$600,000 – $750,000

📌 Average Monthly Mortgage Payment (Based on 20% Down, 5-Year Fixed Rate at 4.5%)

Home Price	Monthly Mortgage
$1,000,000	$4,200 – $4,500
$800,000	$3,700 – $3,900
$600,000	$3,000 – $3,500

💡 Key Takeaway: Milton remains more affordable than Toronto, but home prices continue to rise due to strong demand.

2. Property Taxes in Milton

Milton’s property tax rate for 2025 is 0.775481%.

📌 Example Property Tax Calculation (Based on MPAC Assessed Value, Not Market Price)

Home Value	Assessed Value (MPAC Estimate)	Annual Property Tax
$1,000,000	$500,000	$3,877
$800,000	$400,000	$3,102
$600,000	$300,000	$2,326

💡 Key Takeaway: Property taxes in Milton are lower than in Toronto, making it a cost-effective place to own a home.

3. Utility Costs (Hydro, Water, Gas, Internet)

📌 Average Monthly Utility Costs in Milton

Utility	Estimated Monthly Cost
Electricity (Hydro)	$120 – $180
Water	$80 – $120
Gas (Heating)	$100 – $200 (seasonal)
Internet & Cable	$80 – $150

💡 Key Takeaway: Utilities in Milton are comparable to the rest of the GTA, with costs varying based on home size and usage.

4. Transportation Costs in Milton

📌 Commuting & Public Transit Costs

Mode of Transport	Estimated Monthly Cost
Milton Transit Pass	$78 (Adult)
GO Train to Toronto	$250 – $300 (Monthly Pass)
Gas & Car Insurance	$400 – $600

💡 Key Takeaway: Milton is car-friendly, but those commuting to Toronto should factor in GO Train costs.

5. Grocery & Dining Costs

📌 Average Grocery Costs for a Family of Four
✔ $800 – $1,200 per month, depending on dietary needs and shopping habits.

📌 Average Dining Costs
✔ Casual Dining: $15 – $25 per person
✔ Mid-Range Restaurant: $50 – $100 for two
✔ Coffee Shops: $3 – $6 per drink

💡 Key Takeaway: Grocery prices in Milton are similar to the rest of the GTA, but dining out is cheaper than in Toronto.

6. Childcare & Education Costs

✔ Daycare Costs

Infant (0-18 months): $1,500 – $2,200 per month
Toddler (18 months+): $1,200 – $1,800 per month
Preschool: $900 – $1,500 per month

✔ School Costs

Public Schools: Free
Catholic Schools: Free (if Catholic & attending within the board)
Private Schools: $12,000 – $30,000 per year

💡 Key Takeaway: Childcare in Milton is less expensive than in Toronto, but demand for daycare spots is high.

7. Entertainment & Lifestyle Expenses

✔ Gym Memberships: $50 – $100 per month
✔ Movie Tickets: $15 – $20 per person
✔ Milton Sports Leagues & Recreation: $150 – $400 per season
✔ Conservation Area Pass (Kelso, Rattlesnake Point): $100 – $150 per year

💡 Key Takeaway: Milton offers a great mix of affordable recreation and outdoor activities for families.

Final Thoughts – Is Milton Affordable in 2025?

✔ Home prices are rising, but still lower than Toronto.
✔ Property taxes are reasonable based on MPAC assessments.
✔ Utilities, groceries, and transportation costs are in line with the GTA.
✔ Daycare and childcare costs are lower than in bigger cities.

📞 Thinking about moving to Milton? Let’s chat! We’ll help you find the perfect home within your budget.