Cost Comparison 2025

New YorkvsEdmonton

United States
Canada

Overall

💰

-32.0%

New York is 32.0%cheaper

Rent

🏠

-55.0%

Housing is 55.0% lower

Dining

🍽️

-30.0%

Restaurants 30.0% cheaper

Groceries

🛒

-22.0%

Food shopping 22.0% less

Comparing the cost of living between New York, United States and Edmonton, Canada reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that New York is more affordable than Edmonton by approximately 32.0%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in New York are higher than in Edmonton by 122%. A one-bedroom apartment in New York's city center costs around $3,500, while the same in Edmonton is approximately CA$1,400.

Dining out in New York is notably more expensive compared to Edmonton. An inexpensive restaurant meal costs $20 in New York versus CA$18 in Edmonton.

Public transportation in New York is more expensive, with monthly passes at $127 compared to CA$100 in Edmonton.

Grocery shopping in New York is more expensive by approximately 28%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in New York can expect to spend approximately $779 per month (excluding rent), while in Edmonton, the same lifestyle would cost around CA$695. For families, these figures increase significantly, with a family of four requiring about $2,727 monthly in New York versus CA$2,431 in Edmonton. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
New York, United States
Edmonton, Canada

🏠 Housing Costs (Monthly Rent)

1BR City Center
$3,500
CA$1,400
1BR Outside Center
$2,500
CA$1,100
3BR City Center
$7,000
CA$2,400

🍽️ Food & Dining

Meal, Inexpensive Restaurant
$20
CA$18
Meal for 2, Mid-range Restaurant
$120
CA$80
Cappuccino
$6
CA$5
Domestic Beer (0.5L)
$8
CA$6

🛒 Groceries

Milk (1L)
$2
CA$2
Bread (500g)
$4
CA$3
Eggs (12)
$5
CA$4
Cheese (1kg)
$15
CA$14

🚌 Transportation

One-way Ticket
$3
CA$4
Monthly Pass
$127
CA$100
Taxi Start
$5
CA$4
Gasoline (1L)
$1
CA$1

💡 Utilities & Internet

Basic Utilities (85m²)
$180
CA$200
Internet (60 Mbps)
$70
CA$75
Mobile Minute
$0
CA$0

Tips for Moving Between Cities

For those considering a move from Edmonton to New York, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from New York to Edmonton requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

New York

Cost of Living Index100
Rent Index100
Purchasing Power Index100

Edmonton

Cost of Living Index68
Rent Index45
Purchasing Power Index95

Frequently Asked Questions

Is New York more expensive than Edmonton?

No, New York is approximately 32.0% cheaper than Edmonton. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in New York compared to Edmonton?

To maintain the same standard of living, you would need approximately 76% of your Edmonton salary when living in New York. For example, if you earn $50,000 in Edmonton, you'd need about $37,879 in New York for a comparable lifestyle.

What are the biggest cost differences between New York and Edmonton?

The most significant cost difference is in housing. Rent prices differ by approximately 122%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

New York offers better purchasing power, making it more attractive for those earning in strong currencies. However, New York provides lower living costs, which benefits budget-conscious travelers. Consider New York if you prioritize earning potential, or Edmonton for affordability.

What's a reasonable monthly budget for New York vs Edmonton?

In New York, a single person needs approximately $3,279 per month (including rent), while a family of four requires about $7,227. In Edmonton, these figures are CA$1,795 for singles and CA$4,331 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between New York and Edmonton in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Edmonton to maintain your lifestyle from New York

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers