Last update: Oct 2026

Cost of Living Comparison Between Limassol and Newmarket, ON

For one person, living is cheaper in Newmarket, ON: $2,489 a month against $2,671 in Limassol, rent and utilities included – about $2,200 less a year. Other living expenses account for most of the difference.

131

Cost of Living Index in Limassol
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Limassol Living Index
121

Cost of Living Index in Newmarket, ON
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Newmarket, ON Living Index

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Limassol

🇨🇾 Cyprus

$2,671

/mo nomad

Newmarket, ON

🇨🇦 Canada

$2,489

/mo nomad

Monthly Cost of Living

How much you'll spend in Limassol and in Newmarket, ON

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

A single person spends $2,671 per month in Limassol vs $2,489 in Newmarket, ON, rent included.

Limassol $2,671
Newmarket, ON $2,489

A couple spends around $3,821 per month in Limassol vs $3,526 in Newmarket, ON, rent included.

Limassol $3,821
Newmarket, ON $3,526

A family of three spends $4,971 per month in Limassol vs $4,564 in Newmarket, ON, rent included.

Limassol $4,971
Newmarket, ON $4,564

Limassol costs about 7% more than Newmarket, ON, and outside of rent the biggest gap is in eating out.

Both Limassol and Newmarket, ON sit above the global median – Limassol by 98%, Newmarket, ON by 84%.

Meal at Budget Restaurant

$22.06 €19.62

$14.25 CA$20.14

54.81%

Three-Course Dinner for Two, Mid-Range

$77.3 €68.8

$61.2 CA$86.5

26.41%

Fast Food Meal (McDonalds, etc)

$9.43 €8.38

$8.54 CA$12.07

10.42%

Cappuccino

$3.99 €3.55

$3.48 CA$4.92

14.66%

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

$1.97 €1.75

$1.76 CA$2.48

11.93%

Water (0.33 liter bottle)

$1.23 €1.09

$1.34 CA$1.90

-8.21%

Local Beer (0.5 liter draught)

$5.36 €4.77

$4.84 CA$6.84

10.74%

Imported Beer (0.33 liter bottle)

$5.69 €5.06

$5.80 CA$8.20

-1.90%

Milk (1 liter)

$1.98 €1.76

$1.99 CA$2.82

-0.50%

White Bread (500g)

$2.52 €2.24

$2.74 CA$3.87

-8.03%

Rice (white) (1kg)

$3.05 €2.71

$4.16 CA$5.88

-26.68%

Eggs

$4.62 €4.11

$2.78 CA$3.92

66.19%

Local Cheese (1kg)

$13.39 €11.91

$9.20 CA$13.01

45.54%

Chicken Fillets (1kg)

$9.62 €8.56

$11.14 CA$15.75

-13.64%

Beef Round Steak (1kg)

$13.89 €12.36

$9.05 CA$12.80

53.48%

Apples (1kg)

$3.48 €3.09

$4.22 CA$5.96

-17.54%

Banana (1kg)

$2.33 €2.07

$1.17 CA$1.65

99.15%

Oranges (1kg)

$2.88 €2.56

$2.78 CA$3.93

3.60%

Tomato (1kg)

$3.67 €3.26

$3.59 CA$5.08

2.23%

Potato (1kg)

$2.09 €1.86

$3.41 CA$4.82

-38.71%

Onion (1kg)

$1.56 €1.39

$2.61 CA$3.69

-40.23%

Lettuce (1 head)

$1.29 €1.15

$2.26 CA$3.19

-42.92%

Water (1.5 liter bottle)

$1.11 €0.98

$0.44 CA$0.62

152.27%

Cigarettes 20 Pack (Marlboro, Camel)

$6.62 €5.89

$14.07 CA$19.89

-52.95%

Wine (Bottle)

$9.17 €8.16

$10.45 CA$14.77

-12.25%

Local Beer (0.5 liter bottle)

$1.82 €1.62

$3.34 CA$4.72

-45.51%

Imported Beer (0.33 liter bottle)

$2.78 €2.47

$3.57 CA$5.05

-22.13%

One-way Ticket (Public Transport)

$2.20 €1.96

$3.30 CA$4.66

-33.33%

Public Transport Monthly Pass (Regular Price)

$51.2 €45.54

$117 CA$166

-56.42%

Taxi Start (Normal Tariff)

$10.19 €9.07

$3.46 CA$4.88

194.51%

Taxi (Normal Tariff) (1km)

$2.21 €1.96

$0.68 CA$0.96

225.00%

Taxi 1hour Waiting (Normal Tariff)

$68.2 €60.6

$17.81 CA$25.17

282.65%

Gasoline (1 liter)

$1.79 €1.59

$1.05 CA$1.48

70.48%

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

$33.0K €29.3K

$22.7K CA$32.1K

45.24%

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

$31.4K €27.9K

$18.8K CA$26.6K

67.04%

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

$233 €208

$96.1 CA$136

142.88%

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

$20.46 €18.20

$36.90 CA$52.2

-44.55%

Internet (50+ Mbps, Unlimited Data)

$32.05 €28.51

$52.1 CA$73.7

-38.52%

Gym Membership (Monthly)

$97.4 €86.6

$40.06 CA$56.6

143.06%

Tennis Court (1 Hour on Weekend)

$34.67 €30.84

$21.42 CA$30.28

61.86%

Cinema Ticket

$13.40 €11.92

$10.43 CA$14.74

28.48%

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

$676 €601

$1,177 CA$1,664

-42.57%

International Primary School, 1 Child (Yearly)

$10.6K €9,435

Jeans (Levis 501 Or Similar)

$97.2 €86.4

$55.3 CA$78.2

75.58%

Summer Dress (H&M, Zara, etc)

$51.9 €46.12

$33.22 CA$46.97

56.08%

Sport Shoes (Adidas, Nike)

$111 €98.9

$88.9 CA$126

25.08%

Men's Leather Business Shoes

$117 €104

$81.6 CA$115

43.17%

1-bedroom Apartment, City Center (Monthly)

$1,620 €1,441

$1,556 CA$2,199

4.14%

1-bedroom Apartment, Outside City Center (Monthly)

$1,379 €1,227

$1,442 CA$2,038

-4.35%

3-bedroom Apartment, City Center (Monthly)

$2,644 €2,352

$2,328 CA$3,292

13.55%

3-bedroom Apartment, Outside City Center (Monthly)

$2,061 €1,833

$2,169 CA$3,066

-4.97%

Buy Apartment in City Center (m2)

$5,516 €4,907

$4,222 CA$5,969

30.65%

Buy Apartment Outside City Center (m2)

$4,242 €3,773

$4,233 CA$5,984

0.20%

Average Monthly Net Salary (After Tax)

$2,537 €2,257

$2,913 CA$4,118

-12.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.93

4.53

-13.25%

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

Last update for Limassol: October 12, 2026

Last update for Newmarket, ON: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Limassol

$1.4K 51.6%

Newmarket, ON

$1.4K 57.9% 4.6% $63

Groceries & Markets

Limassol

$328 12.3%

Newmarket, ON

$317 12.8% 3.2% $10

Eating Out

Limassol

$304 11.4%

Newmarket, ON

$230 9.2% 24.4% $74

Monthly Utilities & Internet

Limassol

$286 10.7%

Newmarket, ON

$185 7.4% 35.2% $101

Clothing & Footwear

Limassol

$170 6.4%

Newmarket, ON

$117 4.7% 31.3% $53

Sport & Entertainment

Limassol

$124 4.7%

Newmarket, ON

$61 2.5% 50.9% $63

Getting Around

Limassol

$81 3%

Newmarket, ON

$138 5.5% 69.3% $56

Cost Breakdown

A central one-bedroom costs $1,620 in Limassol versus $1,556 in Newmarket, ON. 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 15% higher in Newmarket, ON, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $77.0 in Limassol versus $61.0 in Newmarket, ON. Monthly groceries follow the same trend: $328 vs $317 – making Newmarket, ON the more affordable choice for daily food spending.

Good to know

🇨🇾 Limassol

🇨🇦 Newmarket, ON

🕒 Local time

16:26 4:26 PM

09:26 9:26 AM

7 h behind Limassol

🌤 Weather

👥 Population

101,000

87,942

💱 Currency

Euro EUR €

Canadian Dollar CAD $

📈 Exchange rate

1 EUR = 1.12 USD

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

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Limassol Newmarket, ON 8,920 km ≈ 12 h nonstop flight

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Limassol
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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

Limassol vs Newmarket, ON: Cost of Living - Frequently Asked Questions

Yes – Limassol is pricier by about 7%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $4,007 per month in Limassol and $3,733 in Newmarket, ON. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Newmarket, ON, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $676 per month in Limassol and $1,177 in Newmarket, ON. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 3% more in Limassol, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$2,000 is a stretch for both – monthly costs hit $2,671 in Limassol and $2,489 in Newmarket, ON. You'll need shared housing and careful budgeting no matter which city you pick.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Newmarket, ON. If higher salaries, better infrastructure, or specific career opportunities are the priority, Limassol makes more sense. Both are solid long-term options with distinct trade-offs.