Cost of Living Comparison Between Limassol and Newmarket, ON Cost of Living Comparison Between Limassol and Newmarket, ON

Monthly Cost of Living

A single person spends $2,572 per month in Limassol vs $2,625 in Newmarket, ON, rent included.

A couple spends around $3,751 per month in Limassol vs $3,730 in Newmarket, ON, rent included.

A family of three spends $4,930 per month in Limassol vs $4,836 in Newmarket, ON, rent included.

Limassol is about 2% cheaper than Newmarket, ON, driven mainly by Getting Around.

Both Limassol and Newmarket, ON sit above the global median – Limassol by 92%, Newmarket, ON by 96%.

Currency
🍽 Eating Out
Limassol
Newmarket, ON
Difference
Meal at Budget Restaurant
$23.08 €19.87
$18.09 CA$25.14
27.58%
Three-Course Dinner for Two, Mid-Range
$84.3 €72.6
$49.95 CA$69.4
68.83%
Fast Food Meal (McDonalds, etc)
$9.42 €8.11
$10.24 CA$14.23
-8.01%
Cappuccino
$4.32 €3.72
$2.98 CA$4.15
44.97%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.28 €1.97
$1.95 CA$2.70
16.92%
Water (0.33 liter bottle)
$1.09 €0.94
$1.56 CA$2.16
-30.13%
Local Beer (0.5 liter draught)
$4.60 €3.96
$4.72 CA$6.55
-2.54%
Imported Beer (0.33 liter bottle)
$5.71 €4.92
$5.85 CA$8.12
-2.39%
🛒 Groceries & Markets
Limassol
Newmarket, ON
Difference
Milk (1 liter)
$1.93 €1.66
$2.02 CA$2.80
-4.46%
White Bread (500g)
$2.24 €1.93
$2.65 CA$3.68
-15.47%
Rice (white) (1kg)
$3.19 €2.75
$3.74 CA$5.20
-14.71%
Eggs
$4.12 €3.55
$3.43 CA$4.76
20.12%
Local Cheese (1kg)
$12.44 €10.71
$10.11 CA$14.04
23.05%
Chicken Fillets (1kg)
$9.80 €8.44
$11.22 CA$15.59
-12.66%
Beef Round Steak (1kg)
$14.22 €12.25
$9.22 CA$12.82
54.23%
Apples (1kg)
$3.36 €2.89
$3.57 CA$4.96
-5.88%
Banana (1kg)
$2.43 €2.09
$1.17 CA$1.63
107.69%
Oranges (1kg)
$2.66 €2.29
$3.82 CA$5.30
-30.37%
Tomato (1kg)
$3.65 €3.14
$4.01 CA$5.57
-8.98%
Potato (1kg)
$1.81 €1.56
$4.73 CA$6.58
-61.73%
Onion (1kg)
$1.83 €1.57
$3.36 CA$4.66
-45.54%
Lettuce (1 head)
$1.38 €1.18
$2.76 CA$3.84
-50.00%
Water (1.5 liter bottle)
$1.22 €1.05
$0.50 CA$0.70
144.00%
Cigarettes 20 Pack (Marlboro, Camel)
$5.88 €5.06
$13.79 CA$19.15
-57.36%
Wine (Bottle)
$9.22 €7.94
$10.66 CA$14.81
-13.51%
Local Beer (0.5 liter bottle)
$1.87 €1.61
$3.18 CA$4.41
-41.19%
Imported Beer (0.33 liter bottle)
$2.93 €2.52
$2.88 CA$3.99
1.74%
🚌 Getting Around
Limassol
Newmarket, ON
Difference
One-way Ticket (Public Transport)
$2.27 €1.96
$3.44 CA$4.78
-34.01%
Public Transport Monthly Pass (Regular Price)
$45.57 €39.24
$119 CA$166
-61.81%
Taxi Start (Normal Tariff)
$7.49 €6.45
$3.59 CA$4.99
108.64%
Taxi (Normal Tariff) (1km)
$1.87 €1.61
$2.81 CA$3.91
-33.45%
Taxi 1hour Waiting (Normal Tariff)
$34.70 €29.88
$22.07 CA$30.66
57.23%
Gasoline (1 liter)
$1.66 €1.43
$1.10 CA$1.52
50.91%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.3K €24.3K
$18.1K CA$25.1K
56.37%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.8K €26.5K
$20.3K CA$28.2K
51.65%
🧾 Monthly Utilities & Internet
Limassol
Newmarket, ON
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$239 €205
$100 CA$140
137.44%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$24.48 €21.08
$49.40 CA$68.6
-50.45%
Internet (50+ Mbps, Unlimited Data)
$36.72 €31.62
$70.6 CA$98.1
-47.97%
🎉 Sport & Entertainment
Limassol
Newmarket, ON
Difference
Gym Membership (Monthly)
$84.1 €72.4
$41.17 CA$57.2
104.15%
Tennis Court (1 Hour on Weekend)
$30.71 €26.45
$22.01 CA$30.58
39.53%
Cinema Ticket
$11.49 €9.90
$10.89 CA$15.13
5.51%
🧸 Childcare & Education
Limassol
Newmarket, ON
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$572 €493
$1,302 CA$1,809
-56.03%
International Primary School, 1 Child (Yearly)
$9,569 €8,240
$11.8K CA$16.4K
-19.13%
👕👟 Clothing & Footwear
Limassol
Newmarket, ON
Difference
Jeans (Levis 501 Or Similar)
$104 €89.2
$60.4 CA$83.9
71.43%
Summer Dress (H&M, Zara, etc)
$59.5 €51.2
$35.30 CA$49.05
68.58%
Sport Shoes (Adidas, Nike)
$114 €97.8
$93.9 CA$131
20.85%
Men's Leather Business Shoes
$140 €121
$84.6 CA$118
65.43%
🏠 Accommodation & Living
Limassol
Newmarket, ON
Difference
1-bedroom Apartment, City Center (Monthly)
$1,560 €1,343
$1,635 CA$2,272
-4.61%
1-bedroom Apartment, Outside City Center (Monthly)
$1,230 €1,059
$1,488 CA$2,067
-17.36%
3-bedroom Apartment, City Center (Monthly)
$2,668 €2,298
$2,407 CA$3,344
10.84%
3-bedroom Apartment, Outside City Center (Monthly)
$2,008 €1,729
$2,265 CA$3,146
-11.33%
Buy Apartment in City Center (m2)
$5,371 €4,625
$4,472 CA$6,214
20.09%
Buy Apartment Outside City Center (m2)
$4,039 €3,478
$4,479 CA$6,223
-9.82%
💵 Salaries & Financials
Limassol
Newmarket, ON
Difference
Average Monthly Net Salary (After Tax)
$2,808 €2,418
$3,051 CA$4,239
-7.95%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.27
6.2
-31.13%

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

Last update for Limassol: May 30, 2026

Last update for Newmarket, ON: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,560 in Limassol versus $1,635 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 9% higher in Newmarket, ON, 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 $84.0 in Limassol versus $50.0 in Newmarket, ON. Groceries tell a different story – $323 in Limassol vs $331 in Newmarket, ON – so Limassol wins on supermarket bills even if dining out costs more.

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
Is Newmarket, ON cheaper than Limassol?
Yes – Newmarket, ON is pricier by about 2%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,859 per month in Limassol and $3,938 in Newmarket, ON. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Limassol, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper kindergarten?
Kindergarten costs $572 per month in Limassol and $1,302 in Newmarket, ON. For families with young kids, this one expense can tip the scales when choosing between the two cities.
How do food prices compare in Limassol and Newmarket, ON?
Groceries cost about 2% more in Newmarket, ON, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,500 enough to cover costs in Limassol or Newmarket, ON?
$2,500 is a stretch for both – monthly costs hit $2,572 in Limassol and $2,625 in Newmarket, ON. You'll need shared housing and careful budgeting no matter which city you pick.
Is Limassol or Newmarket, ON more family-friendly?
Families tend to lean toward Limassol – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Limassol or Newmarket, ON?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Limassol. If higher salaries, better infrastructure, or specific career opportunities are the priority, Newmarket, ON makes more sense. Both are solid long-term options with distinct trade-offs.

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