Last update: Nov 2026

Cost of Living Comparison Between New York, NY and Yellowknife

For one person, living is cheaper in Yellowknife: $2,992 a month against $4,906 in New York, NY, rent and utilities included – about $23,000 less a year. Rent and utilities account for most of the difference.

234

Cost of Living Index in New York, NY
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New York, NY Living Index
144

Cost of Living Index in Yellowknife
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Yellowknife Living Index

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New York, NY

🇺🇸 United States

$4,906

/mo nomad

Yellowknife

🇨🇦 Canada

$2,992

/mo nomad

Monthly Cost of Living

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

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 Yellowknife actually costs, broken down by who's living it.

A single person spends $4,906 per month in New York, NY vs $2,992 in Yellowknife, rent included.

New York, NY $4,906
Yellowknife $2,992

A couple spends around $7,273 per month in New York, NY vs $4,177 in Yellowknife, rent included.

New York, NY $7,273
Yellowknife $4,177

A family of three spends $9,641 per month in New York, NY vs $5,362 in Yellowknife, rent included.

New York, NY $9,641
Yellowknife $5,362

New York, NY costs about 64% more than Yellowknife, and outside of rent the biggest gap is in groceries.

Both New York, NY and Yellowknife sit above the global median – New York, NY by 263%, Yellowknife by 121%.

Meal at Budget Restaurant

$26.93 $26.93

$19.47 CA$27.39

38.32%

Three-Course Dinner for Two, Mid-Range

$117 $117

$85.5 CA$120

36.63%

Fast Food Meal (McDonalds, etc)

$14.60 $14.60

$8.51 CA$11.96

71.56%

Cappuccino

$6.54 $6.54

$4.30 CA$6.05

52.09%

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

$3.86 $3.86

$2.31 CA$3.25

67.10%

Water (0.33 liter bottle)

$2.95 $2.95

$2.07 CA$2.92

42.51%

Local Beer (0.5 liter draught)

$8.08 $8.08

$6.57 CA$9.25

22.98%

Imported Beer (0.33 liter bottle)

$9.85 $9.85

$7.18 CA$10.09

37.19%

Milk (1 liter)

$1.31 $1.31

$2.83 CA$3.98

-53.71%

White Bread (500g)

$4.97 $4.97

$2.76 CA$3.88

80.07%

Rice (white) (1kg)

$7.70 $7.70

$4.73 CA$6.65

62.79%

Eggs

$6.09 $6.09

$3.16 CA$4.45

92.72%

Local Cheese (1kg)

$19.55 $19.55

$7.13 CA$10.03

174.19%

Chicken Fillets (1kg)

$17.59 $17.59

$16.48 CA$23.18

6.74%

Beef Round Steak (1kg)

$20.26 $20.26

$15.54 CA$21.86

30.37%

Apples (1kg)

$6.99 $6.99

$4.74 CA$6.66

47.47%

Banana (1kg)

$2.21 $2.21

$1.48 CA$2.07

49.32%

Oranges (1kg)

$6.72 $6.72

$5.41 CA$7.61

24.21%

Tomato (1kg)

$7.12 $7.12

$7.31 CA$10.28

-2.60%

Potato (1kg)

$4.61 $4.61

$4.41 CA$6.21

4.54%

Onion (1kg)

$4.78 $4.78

$3.54 CA$4.97

35.03%

Lettuce (1 head)

$2.87 $2.87

$3.40 CA$4.79

-15.59%

Water (1.5 liter bottle)

$2.69 $2.69

$1.12 CA$1.57

140.18%

Cigarettes 20 Pack (Marlboro, Camel)

$19.14 $19.14

$17.66 CA$24.84

8.38%

Wine (Bottle)

$19.63 $19.63

$14.04 CA$19.74

39.81%

Local Beer (0.5 liter bottle)

$3.32 $3.32

$4.21 CA$5.92

-21.14%

Imported Beer (0.33 liter bottle)

$4.19 $4.19

$6.46 CA$9.08

-35.14%

One-way Ticket (Public Transport)

$3.02 $3.02

$1.46 CA$2.06

106.85%

Public Transport Monthly Pass (Regular Price)

$139 $139

$53.7 CA$75.6

159.32%

Taxi Start (Normal Tariff)

$3.04 $3.04

$3.46 CA$4.86

-12.14%

Taxi (Normal Tariff) (1km)

$2.20 $2.20

$2.20 CA$3.10

Taxi 1hour Waiting (Normal Tariff)

$41.33 $41.33

$40.48 CA$56.9

2.10%

Gasoline (1 liter)

$1.13 $1.13

$1.30 CA$1.82

-13.08%

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

$34.5K $34.5K

$24.5K CA$34.4K

40.73%

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

$25.8K $25.8K

$20.0K CA$28.1K

29.19%

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

$232 $232

$360 CA$506

-35.38%

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

$71.0 $71.0

$59.9 CA$84.3

18.52%

Internet (50+ Mbps, Unlimited Data)

$67.7 $67.7

$101 CA$142

-33.13%

Gym Membership (Monthly)

$115 $115

$72.7 CA$102

58.65%

Tennis Court (1 Hour on Weekend)

$76.8 $76.8

Cinema Ticket

$22.41 $22.41

$9.83 CA$13.83

127.98%

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

$3,606 $3,606

$606 CA$852

495.05%

International Primary School, 1 Child (Yearly)

$68.7K $68.7K

Jeans (Levis 501 Or Similar)

$79.3 $79.3

$64.4 CA$90.6

23.08%

Summer Dress (H&M, Zara, etc)

$51.4 $51.4

$35.13 CA$49.40

46.31%

Sport Shoes (Adidas, Nike)

$121 $121

$102 CA$143

18.78%

Men's Leather Business Shoes

$140 $140

$117 CA$165

19.64%

1-bedroom Apartment, City Center (Monthly)

$4,555 $4,555

$1,629 CA$2,291

179.65%

1-bedroom Apartment, Outside City Center (Monthly)

$3,040 $3,040

$1,426 CA$2,005

113.18%

3-bedroom Apartment, City Center (Monthly)

$9,742 $9,742

$2,442 CA$3,434

299.03%

3-bedroom Apartment, Outside City Center (Monthly)

$5,331 $5,331

$2,096 CA$2,948

154.33%

Buy Apartment in City Center (m2)

$18.2K $18.2K

$3,108 CA$4,371

486.41%

Buy Apartment Outside City Center (m2)

$6,685 $6,685

$2,850 CA$4,009

134.54%

Average Monthly Net Salary (After Tax)

$5,096 $5,096

$4,649 CA$6,537

9.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.89

5.32

29.51%

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

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

Last update for Yellowknife: November 1, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3K 62%

Yellowknife

$1.4K 47.7% 53.1% $1.6K

Groceries & Markets

New York, NY

$567 11.6%

Yellowknife

$438 14.6% 22.8% $129

Eating Out

New York, NY

$425 8.7%

Yellowknife

$298 10% 30% $127

Monthly Utilities & Internet

New York, NY

$371 7.6%

Yellowknife

$521 17.4% 40.3% $150

Clothing & Footwear

New York, NY

$176 3.6%

Yellowknife

$143 4.8% 18.7% $33

Getting Around

New York, NY

$165 3.4%

Yellowknife

$74 2.5% 55.2% $91

Sport & Entertainment

New York, NY

$160 3.3%

Yellowknife

$92 3.1% 42.3% $68

Cost Breakdown

A central one-bedroom costs $4,555 in New York, NY versus $1,629 in Yellowknife. 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 10% 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 $117 in New York, NY versus $85 in Yellowknife. Monthly groceries follow the same trend: $567 vs $438 – making Yellowknife the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇨🇦 Yellowknife

🕒 Local time

14:02 2:02 PM

13:02 1:02 PM

1 h behind New York, NY

🌤 Weather

👥 Population

8,804,190

19,234

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.89 EUR

1 CAD = 0.711 USD

1 CAD = 0.633 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

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

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).

CAD to USD in detail →

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New York, NY Yellowknife 3,590 km ≈ 5 h nonstop flight

From you

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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 Yellowknife: Cost of Living - Frequently Asked Questions

New York, NY costs about 64% more than Yellowknife, 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.

For a comfortable life, plan on about $7,358 per month in New York, NY and $4,488 in Yellowknife. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Yellowknife, especially for central apartments: a one-bedroom in the center costs $1,629 there versus $4,555 in New York, NY.

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

Groceries cost about 30% more in New York, NY, though the gap depends on what you buy.

$2,000 is a stretch for both – monthly costs hit $4,906 in New York, NY and $2,992 in Yellowknife. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Yellowknife – 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 Yellowknife. 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.