Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Summerside, PE

For one person, living is cheaper in Summerside, PE: $1,773 a month against $4,950 in New York, NY, rent and utilities included – about $38,100 less a year. Rent and utilities account for most of the difference.

New York, NY
🇺🇸 United States
$4,950
/mo nomad
Summerside, PE
🇨🇦 Canada
$1,773
/mo nomad
Monthly Cost of Living

How much you'll spend in New York, NY and in Summerside, PE

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

A single person spends $4,950 per month in New York, NY vs $1,773 in Summerside, PE, rent included.

  • New York, NY $4,950
  • Summerside, PE $1,773

A couple spends around $7,265 per month in New York, NY vs $2,575 in Summerside, PE, rent included.

  • New York, NY $7,265
  • Summerside, PE $2,575

A family of three spends $9,581 per month in New York, NY vs $3,377 in Summerside, PE, rent included.

  • New York, NY $9,581
  • Summerside, PE $3,377

New York, NY costs about 179% more than Summerside, PE, and outside of rent the biggest gap is in groceries.

Both New York, NY and Summerside, PE sit above the global median – New York, NY by 267%, Summerside, PE by 31%.

Currency
🍽 Eating Out
New York, NY
Summerside, PE
Difference
Meal at Budget Restaurant
$24.65 $24.65
$21.01 CA$29.86
17.33%
Three-Course Dinner for Two, Mid-Range
$122 $122
$53.8 CA$76.4
126.08%
Fast Food Meal (McDonalds, etc)
$13.91 $13.91
$10.22 CA$14.52
36.11%
Cappuccino
$6.59 $6.59
$3.61 CA$5.13
82.55%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.84 $3.84
$1.61 CA$2.29
138.51%
Water (0.33 liter bottle)
$2.87 $2.87
$2.07 CA$2.94
38.65%
Local Beer (0.5 liter draught)
$7.79 $7.79
$4.91 CA$6.98
58.66%
Imported Beer (0.33 liter bottle)
$9.85 $9.85
$4.59 CA$6.52
114.60%
🛒 Groceries & Markets
New York, NY
Summerside, PE
Difference
Milk (1 liter)
$1.38 $1.38
$1.67 CA$2.37
-17.37%
White Bread (500g)
$4.68 $4.68
$2.72 CA$3.87
72.06%
Rice (white) (1kg)
$7.54 $7.54
$2.56 CA$3.63
194.53%
Eggs
$5.93 $5.93
$3.80 CA$5.40
56.05%
Local Cheese (1kg)
$18.83 $18.83
$9.21 CA$13.09
104.45%
Chicken Fillets (1kg)
$17.36 $17.36
$8.72 CA$12.39
99.08%
Beef Round Steak (1kg)
$18.51 $18.51
$9.25 CA$13.14
100.11%
Apples (1kg)
$6.74 $6.74
$4.56 CA$6.47
47.81%
Banana (1kg)
$2.09 $2.09
$1.50 CA$2.13
39.33%
Oranges (1kg)
$6.07 $6.07
$3.46 CA$4.91
75.43%
Tomato (1kg)
$6.74 $6.74
$3.74 CA$5.32
80.21%
Potato (1kg)
$4.05 $4.05
$2.55 CA$3.62
58.82%
Onion (1kg)
$4.37 $4.37
$1.56 CA$2.21
180.13%
Lettuce (1 head)
$2.89 $2.89
$2.13 CA$3.02
35.68%
Water (1.5 liter bottle)
$2.60 $2.60
$1.63 CA$2.31
59.51%
Cigarettes 20 Pack (Marlboro, Camel)
$18.72 $18.72
$11.08 CA$15.75
68.95%
Wine (Bottle)
$20.06 $20.06
$11.91 CA$16.93
68.43%
Local Beer (0.5 liter bottle)
$3.25 $3.25
$4.16 CA$5.91
-21.88%
Imported Beer (0.33 liter bottle)
$3.73 $3.73
$3.58 CA$5.09
4.19%
🚌 Getting Around
New York, NY
Summerside, PE
Difference
One-way Ticket (Public Transport)
$3.06 $3.06
$1.38 CA$1.97
121.74%
Public Transport Monthly Pass (Regular Price)
$140 $140
$45.19 CA$64.2
210.87%
Taxi Start (Normal Tariff)
$3.04 $3.04
$2.86 CA$4.06
6.29%
Taxi (Normal Tariff) (1km)
$2.15 $2.15
$1.36 CA$1.93
58.09%
Taxi 1hour Waiting (Normal Tariff)
$41.82 $41.82
$21.19 CA$30.11
97.36%
Gasoline (1 liter)
$1.12 $1.12
$1.18 CA$1.68
-5.08%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.5K $35.5K
$26.0K CA$36.9K
36.58%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.0K $26.0K
$18.8K CA$26.8K
38.25%
🧾 Monthly Utilities & Internet
New York, NY
Summerside, PE
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$219 $219
$115 CA$163
90.88%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$73.2 $73.2
$66.0 CA$93.8
10.88%
Internet (50+ Mbps, Unlimited Data)
$72.0 $72.0
$69.3 CA$98.4
3.94%
🎉 Sport & Entertainment
New York, NY
Summerside, PE
Difference
Gym Membership (Monthly)
$123 $123
$30.81 CA$43.80
298.21%
Tennis Court (1 Hour on Weekend)
$67.7 $67.7
$10.67 CA$15.17
534.21%
Cinema Ticket
$22.85 $22.85
$10.09 CA$14.34
126.46%
🧸 Childcare & Education
New York, NY
Summerside, PE
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$3,333 $3,333
$582 CA$828
472.36%
International Primary School, 1 Child (Yearly)
$60.0K $60.0K
$1,652 CA$2,347
3532.21%
👕👟 Clothing & Footwear
New York, NY
Summerside, PE
Difference
Jeans (Levis 501 Or Similar)
$75.2 $75.2
$49.67 CA$70.6
51.38%
Summer Dress (H&M, Zara, etc)
$52.4 $52.4
$24.57 CA$34.92
113.23%
Sport Shoes (Adidas, Nike)
$122 $122
$66.4 CA$94.4
83.26%
Men's Leather Business Shoes
$133 $133
$65.2 CA$92.7
104.09%
🏠 Accommodation & Living
New York, NY
Summerside, PE
Difference
1-bedroom Apartment, City Center (Monthly)
$4,389 $4,389
$926 CA$1,316
374.05%
1-bedroom Apartment, Outside City Center (Monthly)
$3,130 $3,130
$705 CA$1,002
343.74%
3-bedroom Apartment, City Center (Monthly)
$8,918 $8,918
$1,653 CA$2,350
439.46%
3-bedroom Apartment, Outside City Center (Monthly)
$5,354 $5,354
$1,030 CA$1,463
420.00%
Buy Apartment in City Center (m2)
$19.4K $19.4K
-
-
Buy Apartment Outside City Center (m2)
$6,806 $6,806
$1,114 CA$1,584
510.87%
💵 Salaries & Financials
New York, NY
Summerside, PE
Difference
Average Monthly Net Salary (After Tax)
$5,343 $5,343
$2,354 CA$3,346
126.93%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.82
4.77
42.98%

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

Last update for New York, NY: October 13, 2026

Last update for Summerside, PE: October 10, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
New York, NY
$3.1K
Summerside, PE
$705 77.5% $2.4K
Groceries & Markets
New York, NY
$545
Summerside, PE
$323 40.7% $222
Eating Out
New York, NY
$404
Summerside, PE
$291 28% $113
Monthly Utilities & Internet
New York, NY
$364
Summerside, PE
$250 31.4% $114
Clothing & Footwear
New York, NY
$172
Summerside, PE
$93 46.2% $79
Sport & Entertainment
New York, NY
$168
Summerside, PE
$51 69.7% $117
Getting Around
New York, NY
$167
Summerside, PE
$60 63.7% $106

Cost Breakdown

A central one-bedroom costs $4,389 in New York, NY versus $926 in Summerside, PE. 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 127% 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 $122 in New York, NY versus $54.0 in Summerside, PE. Monthly groceries follow the same trend: $545 vs $323 – making Summerside, PE the more affordable choice for daily food spending.

Good to know
🇺🇸 New York, NY
🇨🇦 Summerside, PE
🕒 Local time
00:19 12:19 AM
01:19 1:19 AM
1 h ahead of New York, NY
🌤 Weather
👥 Population
8,804,190
16,001
Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 15, 2026: 1 EUR = 1.12 USD (1 USD = 0.893 EUR).

Canadian Dollar exchange rates as of October 15, 2026: 1 USD = 1.42 CAD (1 CAD = 0.704 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

On the map
Between locations
  • New York, NY Summerside, PE 1,050 km ≈ 1 h 45 min nonstop flight
From you
  • New York, NY
  • Summerside, PE

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
New York, NY vs Summerside, PE: Cost of Living - Frequently Asked Questions
Which city is more expensive, New York, NY or Summerside, PE?
New York, NY costs about 179% more than Summerside, PE, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.
How much do you need to earn to live comfortably in New York, NY and in Summerside, PE?
For a comfortable life, plan on about $7,424 per month in New York, NY and $2,660 in Summerside, PE. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Where is rent cheaper, New York, NY or Summerside, PE?
Rent is clearly cheaper in Summerside, PE, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How do childcare costs compare in New York, NY and in Summerside, PE?
Kindergarten costs $3,333 per month in New York, NY and $582 in Summerside, PE. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Are groceries more expensive in New York, NY or in Summerside, PE?
Groceries cost about 69% more in New York, NY, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Can you live on $2,000/month in New York, NY or in Summerside, PE?
A $2,000 monthly budget goes further in Summerside, PE, where all-in costs run around $1,773, than in New York, NY at $4,950. In Summerside, PE it covers expenses comfortably, while in New York, NY it requires careful planning or may not stretch far enough.
Which city is better for digital nomads, New York, NY or Summerside, PE?
For digital nomads, it depends on budget. Summerside, PE costs $1,773 versus $4,950 in New York, NY. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.
Should I move to New York, NY or to Summerside, PE?
If budget matters most, go with Summerside, PE. If higher salaries, better infrastructure, or specific career opportunities are the priority, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.

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