Last update: Nov 2026

Cost of Living Comparison Between Cold Lake and New York, NY

For one person, living is cheaper in Cold Lake: $1,938 a month against $4,906 in New York, NY, rent and utilities included – about $35,600 less a year. Rent and utilities account for most of the difference.

93

Cost of Living Index in Cold Lake
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Cold Lake Living Index
234

Cost of Living Index in New York, NY
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New York, NY Living Index

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Cold Lake

🇨🇦 Canada

$1,938

/mo nomad

New York, NY

🇺🇸 United States

$4,906

/mo nomad

Monthly Cost of Living

How much you'll spend in Cold Lake and in New York, NY

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Cold Lake and in New York, NY actually costs, broken down by who's living it.

A single person spends $1,938 per month in Cold Lake vs $4,906 in New York, NY, rent included.

Cold Lake $1,938
New York, NY $4,906

A couple spends around $2,852 per month in Cold Lake vs $7,273 in New York, NY, rent included.

Cold Lake $2,852
New York, NY $7,273

A family of three spends $3,766 per month in Cold Lake vs $9,641 in New York, NY, rent included.

Cold Lake $3,766
New York, NY $9,641

Cold Lake is about 60% cheaper than New York, NY, and outside of rent the biggest gap is in groceries.

Both Cold Lake and New York, NY sit above the global median – Cold Lake by 43%, New York, NY by 263%.

Meal at Budget Restaurant

$18.32 CA$25.77

$26.93 $26.93

-31.97%

Three-Course Dinner for Two, Mid-Range

$58.5 CA$82.3

$117 $117

-49.88%

Fast Food Meal (McDonalds, etc)

$10.15 CA$14.28

$14.60 $14.60

-30.48%

Cappuccino

$4.02 CA$5.66

$6.54 $6.54

-38.53%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.27 CA$3.19

$3.86 $3.86

-41.19%

Water (0.33 liter bottle)

$1.41 CA$1.98

$2.95 $2.95

-52.20%

Local Beer (0.5 liter draught)

$5.63 CA$7.92

$8.08 $8.08

-30.32%

Imported Beer (0.33 liter bottle)

$6.51 CA$9.16

$9.85 $9.85

-33.91%

Milk (1 liter)

$1.13 CA$1.59

$1.31 $1.31

-13.74%

White Bread (500g)

$2.13 CA$3.00

$4.97 $4.97

-57.14%

Rice (white) (1kg)

$3.09 CA$4.35

$7.70 $7.70

-59.87%

Eggs

$3.19 CA$4.49

$6.09 $6.09

-47.62%

Local Cheese (1kg)

$10.96 CA$15.42

$19.55 $19.55

-43.94%

Chicken Fillets (1kg)

$11.64 CA$16.38

$17.59 $17.59

-33.83%

Beef Round Steak (1kg)

$18.74 CA$26.36

$20.26 $20.26

-7.50%

Apples (1kg)

$3.58 CA$5.03

$6.99 $6.99

-48.78%

Banana (1kg)

$1.12 CA$1.57

$2.21 $2.21

-49.32%

Oranges (1kg)

$2.79 CA$3.92

$6.72 $6.72

-58.48%

Tomato (1kg)

$2.56 CA$3.60

$7.12 $7.12

-64.04%

Potato (1kg)

$2.14 CA$3.00

$4.61 $4.61

-53.58%

Onion (1kg)

$1.09 CA$1.53

$4.78 $4.78

-77.20%

Lettuce (1 head)

$2.46 CA$3.46

$2.87 $2.87

-14.29%

Water (1.5 liter bottle)

$1.89 CA$2.65

$2.69 $2.69

-29.74%

Cigarettes 20 Pack (Marlboro, Camel)

$11.86 CA$16.68

$19.14 $19.14

-38.04%

Wine (Bottle)

$11.65 CA$16.39

$19.63 $19.63

-40.65%

Local Beer (0.5 liter bottle)

$3.47 CA$4.87

$3.32 $3.32

4.52%

Imported Beer (0.33 liter bottle)

$3.01 CA$4.23

$4.19 $4.19

-28.16%

One-way Ticket (Public Transport)

$3.02 $3.02

Public Transport Monthly Pass (Regular Price)

$139 $139

Taxi Start (Normal Tariff)

$2.96 CA$4.17

$3.04 $3.04

-2.63%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.98

$2.20 $2.20

-35.91%

Taxi 1hour Waiting (Normal Tariff)

$21.77 CA$30.61

$41.33 $41.33

-47.33%

Gasoline (1 liter)

$1.04 CA$1.47

$1.13 $1.13

-7.96%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.1K CA$39.6K

$34.5K $34.5K

-18.31%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$20.9K CA$29.4K

$25.8K $25.8K

-19.23%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$232 CA$327

$232 $232

-0.06%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$45.69 CA$64.3

$71.0 $71.0

-35.68%

Internet (50+ Mbps, Unlimited Data)

$56.3 CA$79.1

$67.7 $67.7

-16.81%

Gym Membership (Monthly)

$115 $115

Tennis Court (1 Hour on Weekend)

$76.8 $76.8

Cinema Ticket

$12.75 CA$17.94

$22.41 $22.41

-43.11%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$632 CA$888

$3,606 $3,606

-82.48%

International Primary School, 1 Child (Yearly)

$9,825 CA$13.8K

$68.7K $68.7K

-85.70%

Jeans (Levis 501 Or Similar)

$28.58 CA$40.20

$79.3 $79.3

-63.94%

Summer Dress (H&M, Zara, etc)

$36.04 CA$50.7

$51.4 $51.4

-29.88%

Sport Shoes (Adidas, Nike)

$54.6 CA$76.8

$121 $121

-54.89%

Men's Leather Business Shoes

$88.6 CA$125

$140 $140

-36.95%

1-bedroom Apartment, City Center (Monthly)

$891 CA$1,253

$4,555 $4,555

-80.44%

1-bedroom Apartment, Outside City Center (Monthly)

$852 CA$1,199

$3,040 $3,040

-71.96%

3-bedroom Apartment, City Center (Monthly)

$1,542 CA$2,169

$9,742 $9,742

-84.17%

3-bedroom Apartment, Outside City Center (Monthly)

$1,471 CA$2,069

$5,331 $5,331

-72.41%

Buy Apartment in City Center (m2)

$18.2K $18.2K

Buy Apartment Outside City Center (m2)

$6,685 $6,685

Average Monthly Net Salary (After Tax)

$3,076 CA$4,326

$5,096 $5,096

-39.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.32

6.89

-37.30%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Cold Lake: November 1, 2026

Last update for New York, NY: November 1, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Cold Lake

$852 44%

New York, NY

$3K 62% 257% $2.2K

Groceries & Markets

Cold Lake

$341 17.6%

New York, NY

$567 11.6% 66.2% $226

Monthly Utilities & Internet

Cold Lake

$334 17.2%

New York, NY

$371 7.6% 11% $37

Eating Out

Cold Lake

$281 14.5%

New York, NY

$425 8.7% 51.2% $144

Clothing & Footwear

Cold Lake

$94 4.8%

New York, NY

$176 3.6% 88.7% $83

Sport & Entertainment

Cold Lake

$26 * 1.3%

New York, NY

$160 3.3% 528% $135

Getting Around

Cold Lake

$10 * 0.5%

New York, NY

$165 3.4% 1556% $155

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $891 in Cold Lake versus $4,555 in New York, NY. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 66% higher in New York, NY, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $59 in Cold Lake versus $117 in New York, NY. Monthly groceries follow the same trend: $341 vs $567 – making Cold Lake the more affordable choice for daily food spending.

Good to know

🇨🇦 Cold Lake

🇺🇸 New York, NY

🕒 Local time

13:11 1:11 PM

14:11 2:11 PM

1 h ahead of Cold Lake

🌤 Weather

👥 Population

11,595

8,804,190

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.633 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Cold Lake New York, NY 3,060 km ≈ 4 h 15 min nonstop flight

From you

Cold Lake
New York, NY

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Cold Lake vs New York, NY: Cost of Living - Frequently Asked Questions

Yes – New York, NY is pricier by about 153%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,907 per month in Cold Lake and $7,358 in New York, NY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Cold Lake, especially for central apartments: a one-bedroom in the center costs $891 there versus $4,555 in New York, NY.

Monthly expenses with rent come to $1,938 in Cold Lake and $4,906 in New York, NY. That makes Cold Lake about 60% cheaper.

Kindergarten costs $632 per month in Cold Lake and $3,606 in New York, NY. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Cold Lake, where all-in costs run around $1,938, than in New York, NY at $4,906. In Cold Lake it covers expenses comfortably, while in New York, NY it requires careful planning or may not stretch far enough.

Families tend to lean toward Cold Lake – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Cold Lake. If higher salaries or specific career opportunities are the priority, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.