Just made an appointment to view a townhouse. Yup, we're thinking of moving back into the city. We can get a smallish two-bedroom townhouse with hydro included for about the same price we pay now for a two-bedroom apartment plus hydro, plus gas to travel into the city for work. Gas is not going to get cheaper. Also, we lose about an hour and and half every day just in commute time. This place is about 10-15 minutes from work. I might be able to see my family more often. Still only one washroom, but we have learned to live with that.
Edited to add floorplan.