![]() ![]() Cost of living should only be one factor in deciding where to live! So does that mean that St Catharines is the best place to live in Canada? Well I definitely can’t answer that here, that’s so subjective to what you’re after and lots of other quality of life measures. But look at the results in the local purchasing power, Montreal is above Toronto – so the average higher salary in Toronto doesn’t make up for the significantly higher cost of living. Table 5: Canadian cities local purchasing powerĬutting it like this, things become interesting: Montreal has the lowest household income on the list and Toronto one of the highest. The Median after-tax income for by province in 2020 was: If you exclude families with seniors (those 65 and over), the median after-tax income was $99,600 in 2020. Average salary in Canada by provinceĪccording to Statistics Canada’s Canadian Income Survey 2019, median after-tax income of Canadian families and unattached individuals was $66,800 in 2020. Rent is for a three bedroom apartment outside the city centre. Table 2: Cost of living in Canada by province and city Lastly I’ll give the average cost of different items in various Canadian cities. Then we’ll cover the cost of living in Canada by province and cities. ![]() ![]() I’ll set the context first by comparing Canada overall with the rest of the world. So, with those challenges in mind I’ve tried to lay out this article as logically as possible: Lifestyle and expectation also vary between people – do you value being able to get nice meals for a decent price or are you more interested in produce from the store being cheap? Is cost of transport how much your monthly bus pass costs or how much a car and gas cost? If you move from New York City to Toronto, the cost of living for you might seem low even though Toronto has some of the highest living costs in Canada. Second point to keep in mind is cost of living is somewhat a matter of perspective. Even once you get down to a city level different suburbs and neighbourhoods can be markedly different. Within individual provinces the cost of living between cities can vary significantly too. When setting out to answer the cost of living in Canada there are few things you need to keep in mind:įirstly… Canada is vast! Different provinces and territories have very different costs of living. How to get the best Internet and TV deals.Best credit cards for newcomers to Canada.Immigrants with valid CoPR can now travel to Canada again.Temporary resident to permanent resident pathway for essential workers and graduates in Canada.Permanent Residents Confirmation Portal & Virtual Landing.Goods Accompanying List and other documents you need when you arrive in Canada.Goods to Follow list: how to ship your household goods to Canada.How to complete your e-APR: the process from ITA to CoPR.Express Entry Canada: simple immigration guide. ![]()
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