Cost of Living in Canada vs US
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Determine how affordable life can
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When choosing a new country to call home, many people look to both the US and Canada as potential destinations, due to their great employment opportunities and high standard of living, but which is more affordable?
Let’s look at the difference in the cost of living between the US and Canada.
As the US and Canada are such vast countries with costs varying from area to area, the best way to compare the cost of living is to look at the two largest, most expensive cities in each country - Toronto and New York, respectively.
According to Numbeo.com, the consumer prices, not including rent, in New York are around 35% higher than in Toronto. As well, the average month’s worth of groceries is about 40% higher. Utilities are approximately 36% higher, and rent in New York can cost over double rent in Toronto. On top of this, Canada has free public healthcare and subsidized educational programs.
While the average salary in New York is around 60% higher than in Toronto, the high expenses give New Yorkers less buying power than their Canadian counterparts. As a result, it’s relatively clear that your cost of living in Canada is considerably lower than in the United States.
See The Top Canadian Cities In Canada By Average Salary Per Year:
Calgary - $109,483
Hamilton - $99,252
Edmonton - $96,258
Victoria - $94,199
Windsor - $90,482
London - $89,844
Ottawa - $89,070
Toronto - $88,914
Vancouver - $88,530
Waterloo - $86,838
Remember that your cost of living depends not only on where you decide to live but also on your spending habits. Either way, you could live a very expensive or affordable life in either country.
For more information about life in Canada, like, subscribe and head over to https://bit.ly/3oowXbf to keep up to date with all of your Canadian immigration and lifestyle news.
Have any questions? Drop your queries in the comments section, and we will quickly assist!
https://bit.ly/3cb3mip
When choosing a new country to call home, many people look to both the US and Canada as potential destinations, due to their great employment opportunities and high standard of living, but which is more affordable?
Let’s look at the difference in the cost of living between the US and Canada.
As the US and Canada are such vast countries with costs varying from area to area, the best way to compare the cost of living is to look at the two largest, most expensive cities in each country - Toronto and New York, respectively.
According to Numbeo.com, the consumer prices, not including rent, in New York are around 35% higher than in Toronto. As well, the average month’s worth of groceries is about 40% higher. Utilities are approximately 36% higher, and rent in New York can cost over double rent in Toronto. On top of this, Canada has free public healthcare and subsidized educational programs.
While the average salary in New York is around 60% higher than in Toronto, the high expenses give New Yorkers less buying power than their Canadian counterparts. As a result, it’s relatively clear that your cost of living in Canada is considerably lower than in the United States.
See The Top Canadian Cities In Canada By Average Salary Per Year:
Calgary - $109,483
Hamilton - $99,252
Edmonton - $96,258
Victoria - $94,199
Windsor - $90,482
London - $89,844
Ottawa - $89,070
Toronto - $88,914
Vancouver - $88,530
Waterloo - $86,838
Remember that your cost of living depends not only on where you decide to live but also on your spending habits. Either way, you could live a very expensive or affordable life in either country.
For more information about life in Canada, like, subscribe and head over to https://bit.ly/3oowXbf to keep up to date with all of your Canadian immigration and lifestyle news.
Have any questions? Drop your queries in the comments section, and we will quickly assist!
2 سال پیش
در تاریخ 1401/04/24 منتشر شده
است.
3,076
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