Aurora, York Region, Ontario

Cost of Living in Aurora

Know what Aurora really costs before you move

$2,650
avg 2BR rent/mo
$1.18M
avg home price
0.73%
property tax rate
$310
GO Transit/mo

About Aurora

Aurora is a popular mid-size town in York Region known for great schools, the Magna Centre, and quick GO Transit access to Toronto. But the listed rent or home price is never the full story.

Highlights

  • GO Transit: 50 min to Union Station
  • Top-rated schools (Dr. G.W. Williams, Aurora High)
  • Magna Centre, Town Park, Fairy Lake nearby
  • Growing condo market along Yonge corridor

True Monthly Cost Summary

Renting a 2BR (single person)

$3,593/mo

Rent + utilities + transit + groceries + insurance

Buying avg home (20% down, 5.5%)

$8,673/mo

Mortgage + tax + utilities + transit + groceries + insurance + maintenance

Buying avg home (family of 4)

$9,663/mo

Same as above + family grocery costs

Calculate Your True Cost

Detailed Cost Breakdown — Aurora

All figures are 2026 estimates from public sources.

Average 2BR Rent
$2,650/mo
Average Home Price
$1,180,000
Average Condo Price
$620,000
Property Tax Rate
0.73%
Monthly Utilities
$280/mo
GO Transit Pass
$310/mo
Groceries (single)
$420/mo
Groceries (family)
$1050/mo

Sources: York Region municipal bylaws (property tax), Enbridge/Alectra (utilities), Metrolinx (GO Transit), StatsCan CPI (groceries), CMHC (rents), TRREB (home prices). Not financial advice.

Current Listings in Aurora

1 rental and 2 sales available (demo data).

$2,650/mo

2BR Condo — Downtown Aurora

Rent

Yonge St corridor

2 Bed · 1 Bath · 920 sqft

$1,195,000

4BR Detached — Aurora

Sale

Highland Gate area

4 Bed · 3 Bath · 2,400 sqft

$549,000

1BR+Den Condo — Aurora

Sale

Yonge St corridor

1 Bed · 1 Bath · 680 sqft

Not financial advice. All data comes from public sources (York Region, MPAC, StatsCan, CMHC). Verify with a licensed professional.

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