Last update: Oct 2026

Cost of Living Comparison Between Newmarket, ON and Bansko

For one person, living is cheaper in Bansko: $956 a month against $2,489 in Newmarket, ON, rent and utilities included – about $18,400 less a year. Rent and utilities account for most of the difference.

121

Cost of Living Index in Newmarket, ON
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Newmarket, ON Living Index
47

Cost of Living Index in Bansko
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Bansko Living Index

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Newmarket, ON

🇨🇦 Canada

$2,489

/mo nomad

Bansko

🇧🇬 Bulgaria

$956

/mo nomad

Monthly Cost of Living

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

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

A single person spends $2,489 per month in Newmarket, ON vs $956 in Bansko, rent included.

Newmarket, ON $2,489
Bansko $956

A couple spends around $3,526 per month in Newmarket, ON vs $1,467 in Bansko, rent included.

Newmarket, ON $3,526
Bansko $1,467

A family of three spends $4,564 per month in Newmarket, ON vs $1,979 in Bansko, rent included.

Newmarket, ON $4,564
Bansko $1,979

Newmarket, ON costs about 160% more than Bansko, and outside of rent the biggest gap is in groceries.

Newmarket, ON sits 84% above the global median, while Bansko is 29% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$14.25 CA$20.14

$8.66 BGN 15.06

64.55%

Three-Course Dinner for Two, Mid-Range

$61.2 CA$86.5

$44.94 BGN 78.2

36.09%

Fast Food Meal (McDonalds, etc)

$8.54 CA$12.07

$8.78 BGN 15.28

-2.73%

Cappuccino

$3.48 CA$4.92

$2.33 BGN 4.05

49.36%

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

$1.76 CA$2.48

$1.57 BGN 2.74

12.10%

Water (0.33 liter bottle)

$1.34 CA$1.90

$0.82 BGN 1.43

63.41%

Local Beer (0.5 liter draught)

$4.84 CA$6.84

$1.68 BGN 2.92

188.10%

Imported Beer (0.33 liter bottle)

$5.80 CA$8.20

$1.98 BGN 3.45

192.93%

Milk (1 liter)

$1.99 CA$2.82

$1.73 BGN 3.00

15.03%

White Bread (500g)

$2.74 CA$3.87

$0.80 BGN 1.40

242.50%

Rice (white) (1kg)

$4.16 CA$5.88

$1.44 BGN 2.51

188.89%

Eggs

$2.78 CA$3.92

$2.36 BGN 4.10

17.80%

Local Cheese (1kg)

$9.20 CA$13.01

$9.39 BGN 16.34

-2.02%

Chicken Fillets (1kg)

$11.14 CA$15.75

$6.41 BGN 11.15

73.79%

Beef Round Steak (1kg)

$9.05 CA$12.80

$8.48 BGN 14.76

6.72%

Apples (1kg)

$4.22 CA$5.96

$1.31 BGN 2.28

222.14%

Banana (1kg)

$1.17 CA$1.65

$1.62 BGN 2.82

-27.78%

Oranges (1kg)

$2.78 CA$3.93

$1.73 BGN 3.01

60.69%

Tomato (1kg)

$3.59 CA$5.08

$1.94 BGN 3.38

85.05%

Potato (1kg)

$3.41 CA$4.82

$0.94 BGN 1.63

262.77%

Onion (1kg)

$2.61 CA$3.69

$0.76 BGN 1.32

243.42%

Lettuce (1 head)

$2.26 CA$3.19

$0.55 BGN 0.95

310.91%

Water (1.5 liter bottle)

$0.44 CA$0.62

$0.59 BGN 1.02

-25.42%

Cigarettes 20 Pack (Marlboro, Camel)

$14.07 CA$19.89

$3.25 BGN 5.66

332.92%

Wine (Bottle)

$10.45 CA$14.77

$5.20 BGN 9.05

100.96%

Local Beer (0.5 liter bottle)

$3.34 CA$4.72

$1.09 BGN 1.89

206.42%

Imported Beer (0.33 liter bottle)

$3.57 CA$5.05

$1.68 BGN 2.92

112.50%

One-way Ticket (Public Transport)

$3.30 CA$4.66

$0.84 BGN 1.45

292.86%

Public Transport Monthly Pass (Regular Price)

$117 CA$166

$27.06 BGN 47.09

334.15%

Taxi Start (Normal Tariff)

$3.46 CA$4.88

$1.34 BGN 2.34

158.21%

Taxi (Normal Tariff) (1km)

$0.68 CA$0.96

$0.65 BGN 1.14

4.62%

Taxi 1hour Waiting (Normal Tariff)

$17.81 CA$25.17

$10.06 BGN 17.51

77.04%

Gasoline (1 liter)

$1.05 CA$1.48

$1.48 BGN 2.57

-29.05%

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

$22.7K CA$32.1K

$29.1K BGN 50.7K

-22.05%

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

$18.8K CA$26.6K

$20.9K BGN 36.4K

-10.19%

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

$96.1 CA$136

$92.4 BGN 161

3.96%

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

$36.90 CA$52.2

$14.52 BGN 25.26

154.13%

Internet (50+ Mbps, Unlimited Data)

$52.1 CA$73.7

$12.32 BGN 21.43

323.13%

Gym Membership (Monthly)

$40.06 CA$56.6

$31.70 BGN 55.2

26.37%

Tennis Court (1 Hour on Weekend)

$21.42 CA$30.28

$8.53 BGN 14.84

151.11%

Cinema Ticket

$10.43 CA$14.74

$5.62 BGN 9.78

85.59%

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

$1,177 CA$1,664

$230 BGN 401

410.85%

International Primary School, 1 Child (Yearly)

$2,268 BGN 3,947

Jeans (Levis 501 Or Similar)

$55.3 CA$78.2

$30.10 BGN 52.4

83.82%

Summer Dress (H&M, Zara, etc)

$33.22 CA$46.97

$19.62 BGN 34.13

69.32%

Sport Shoes (Adidas, Nike)

$88.9 CA$126

$45.86 BGN 79.8

93.87%

Men's Leather Business Shoes

$81.6 CA$115

$47.69 BGN 83.0

71.08%

1-bedroom Apartment, City Center (Monthly)

$1,556 CA$2,199

$518 BGN 902

200.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,442 CA$2,038

$357 BGN 621

303.94%

3-bedroom Apartment, City Center (Monthly)

$2,328 CA$3,292

$614 BGN 1,069

279.07%

3-bedroom Apartment, Outside City Center (Monthly)

$2,169 CA$3,066

$569 BGN 990

281.15%

Buy Apartment in City Center (m2)

$4,222 CA$5,969

$1,191 BGN 2,073

254.41%

Buy Apartment Outside City Center (m2)

$4,233 CA$5,984

$959 BGN 1,669

341.28%

Average Monthly Net Salary (After Tax)

$2,913 CA$4,118

$1,704 BGN 2,965

70.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

2.99

51.51%

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

Last update for Newmarket, ON: October 12, 2026

Last update for Bansko: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Newmarket, ON

$1.4K 57.9%

Bansko

$357 37.3% 75.2% $1.1K

Groceries & Markets

Newmarket, ON

$317 12.8%

Bansko

$192 20.1% 39.5% $125

Eating Out

Newmarket, ON

$230 9.2%

Bansko

$145 15.2% 36.6% $84

Monthly Utilities & Internet

Newmarket, ON

$185 7.4%

Bansko

$119 12.5% 35.6% $66

Getting Around

Newmarket, ON

$138 5.5%

Bansko

$35 3.7% 74.5% $102

Clothing & Footwear

Newmarket, ON

$117 4.7%

Bansko

$64 6.7% 44.7% $52

Sport & Entertainment

Newmarket, ON

$61 2.5%

Bansko

$43 4.5% 29.5% $18

Cost Breakdown

A central one-bedroom costs $1,556 in Newmarket, ON versus $518 in Bansko. 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 71% 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 $61.0 in Newmarket, ON versus $45.00 in Bansko. Monthly groceries follow the same trend: $317 vs $192 – making Bansko the more affordable choice for daily food spending.

Good to know

🇨🇦 Newmarket, ON

🇧🇬 Bansko

🕒 Local time

14:31 2:31 PM

21:31 9:31 PM

7 h ahead of Newmarket, ON

🌤 Weather

👥 Population

87,942

8,000

💱 Currency

Canadian Dollar CAD $

Bulgarian Lev BGN лв.

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 BGN = 0.575 USD

1 BGN = 0.511 EUR

Exchange rates and currency converter

BGN, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Bulgarian Lev exchange rates as of October 18, 2026: 1 USD = 1.74 BGN (1 BGN = 0.575 USD). 1 EUR = 1.96 BGN (1 BGN = 0.511 EUR).

USD to CAD in detail →

On the map

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Between locations

Newmarket, ON Bansko 7,770 km ≈ 10 h nonstop flight

From you

Newmarket, ON
Bansko

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

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

Monthly costs with rent: $2,489 in Newmarket, ON, $956 in Bansko – roughly 160% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,733 per month in Newmarket, ON and $1,434 in Bansko. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $61.0 in Newmarket, ON and $45.00 in Bansko. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,489 in Newmarket, ON and $956 in Bansko. That's a gap of about 160%.

A $2,000 monthly budget goes further in Bansko, where all-in costs run around $956, than in Newmarket, ON at $2,489. In Bansko it covers expenses comfortably, while in Newmarket, ON it requires careful planning or may not stretch far enough.

It depends on your priorities. Bansko has an edge in some lifestyle areas, with costs from $956 in Bansko to $2,489 in Newmarket, ON. Climate, culture, job market, and personal taste all factor in.

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 Bansko. 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.