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The cost of living in Milton, Ontario is 19% more than the average cost of living in Canada. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

Milton (2021 census population 132,979) is a town in Southern Ontario, Canada, and part of the Halton Region in the Greater Toronto Area. Between 2001 and 2011, Milton was the fastest growing municipality in Canada, with a 71.4% increase in population from 2001 to 2006 and another 56.5% increase from 2006 to 2011. In 2016, Milton's census population was 110,128 with an estimated growth to 228,000 by 2031. It remained the fastest growing community in Ontario but was deemed to be the sixth fastest