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Cost of Living

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The cost of living in the United Counties of Leeds and Grenville is very comparable to other communities and regions of its size. Operating costs are lower here than in other parts of Ontario (Ontario East Economic Development Commission statistics).

Corporate tax rates are lower than those in the U.S.A. There are lower labour and facilities costs so you have a lower overall cost of operation. KPMG has calculated operating costs in Toronto to be 12.3% higher than those of Ontario East and Leeds and Grenville. Costs in Montreal can be approximately 9% higher.

More information about the average residential change for properties in Leeds Grenville can be found on the Municipal Property Assessment Corporation website. Leeds Grenville is located in Region #2 (which includes Lanark County). The Region #2 office is located at 108 Waltham Road, Unit A, Brockville.

The Adjusted Consumer Price Index (CPI, March/April 2023)

The Consumer Price Index (CPI) rose 5.2% year over year in February, following a 5.9% increase in January. The year-over-year deceleration in February 2023 was due to a base-year effect, for the second consecutive month, which is attributable to a steep monthly increase in prices in February 2022 (+1.0%).

The Consumer Price Index (CPI) rose 5.2% year over year in February, following a 5.9% increase in January. This was the largest deceleration in the headline CPI since April 2020.

The year-over-year deceleration in February 2023 was due to a base-year effect, for the second consecutive month, which is attributable to a steep monthly increase in prices in February 2022 (+1.0%). While inflation has slowed in recent months, having increased 1.2% compared with 6 months ago, prices remain elevated. Compared with 18 months ago, for example, inflation has increased 8.3%. While inflation has slowed in recent months, having increased 1.2% compared with 6 months ago, prices remain elevated. Compared with 18 months ago, for example, inflation has increased 8.3%.

Statistics Canada has an interactive Consumer Price Index Data Visualization Tool that allows users to quickly identify changes and contributions to changes of the Consumer Price Index on a monthly and annual basis. Learn more on the Consumer Price Index webpage.

Source: Statistics Canada, CANSIM, table 18-10-0004-01. For more information, or to enquire about the concepts, methods or data quality of this release, contact the Dissemination Unit (toll-free 1-866-230-2248; 613-951-9606; fax: 613-951-2848; cpd-info-dpc@statcan.gc.ca), Consumer Prices Division.

This page was updated in April 2023.

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© United Counties of Leeds and Grenville
Economic Development Office
32 Wall Street, Suite 300
Brockville, Ontario, Canada K6V 4R9

613-342-3840 ext. 5362
North America toll free: 1-800-770-2170
International: 00+1+613+342+3840
Email: econdev@uclg.on.ca
or smallbusiness@uclg.on.ca 

www.leedsgrenville.com/invest

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