Last Updated On 10 November 2023, 10:35 AM EST (Toronto Time)
A list of new Ontario living wage rates has been released for 2023 for all 10 major geographical regions across the province by the Ontario Living Wage Network.
Residents of Toronto and the Greater Toronto Area need to earn at least $25.05 per hour to make ends meet in their household.
This is 51% higher than the provincial minimum wage of $16.55, which was increased this year on October 1st.
In 2022, the living wage in the Toronto area was $23.15 per hour.
Ottawa saw the biggest increase in the living wage, rising from $19.60 to $21.95, a 12% increase over the previous year.
Full List of Ontario Living Wage Rates
Region2023 living wageGreater Toronto Area$25.05Grey Bruce Perth Huron Simcoe$22.75Dufferin Waterloo Guelph-Wellington$20.90Brant Niagara Haldimand Norfolk$20.35North$19.80Ottawa$21.95East$20.60Hamilton$20.80Southwest$18.65London Elgin Oxford$18.85Living wage in Ontario for 2023
The minimum wage in Ontario is $16.55 per hour, which recently increased on October 1, 2023, from $15.55 per hour.
Minimum Wage TypeMinimum wage effective October 1, 2023General minimum wage$16.55 per hourStudent minimum wage(under the age of 18)$15.60 per hourLiquor servers minimum wageSame as general minimum wageHunting, fishing and wilderness guides minimum wage$82.85Rate for working less than five consecutive hours in a day
$165.75Rate for working five or more hours in a day whether or not the hours are consecutive
Homeworkers wage(work from home workers)$18.20 per hourOntario minimum wage
What is the living wage?
The living wage is the minimum income necessary for a worker to meet their basic needs, such as food, housing, and healthcare, without relying on government assistance or other forms of financial support.
How is the living wage calculated?
The living wage is calculated based on the cost of living in a specific geographic area and takes into account factors such as housing costs, transportation expenses, and the number of dependents in a household.
The goal of the living wage is to give workers a decent standard of living, and it is frequently higher than the government-set minimum wage.
ontario cost of living,