Last update: Oct 2026

Cost of Living Comparison Between Newmarket, ON and Limassol

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.

121

Cost of Living Index in Newmarket, ON
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Newmarket, ON Living Index
131

Cost of Living Index in Limassol
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Limassol Living Index

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Newmarket, ON

🇨🇦 Canada

$2,489

/mo nomad

Limassol

🇨🇾 Cyprus

$2,671

/mo nomad

Monthly Cost of Living

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

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

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

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

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

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

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

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

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

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

Meal at Budget Restaurant

$14.25 CA$20.14

$22.06 €19.62

-35.40%

Three-Course Dinner for Two, Mid-Range

$61.2 CA$86.5

$77.3 €68.8

-20.89%

Fast Food Meal (McDonalds, etc)

$8.54 CA$12.07

$9.43 €8.38

-9.44%

Cappuccino

$3.48 CA$4.92

$3.99 €3.55

-12.78%

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

$1.76 CA$2.48

$1.97 €1.75

-10.66%

Water (0.33 liter bottle)

$1.34 CA$1.90

$1.23 €1.09

8.94%

Local Beer (0.5 liter draught)

$4.84 CA$6.84

$5.36 €4.77

-9.70%

Imported Beer (0.33 liter bottle)

$5.80 CA$8.20

$5.69 €5.06

1.93%

Milk (1 liter)

$1.99 CA$2.82

$1.98 €1.76

0.51%

White Bread (500g)

$2.74 CA$3.87

$2.52 €2.24

8.73%

Rice (white) (1kg)

$4.16 CA$5.88

$3.05 €2.71

36.39%

Eggs

$2.78 CA$3.92

$4.62 €4.11

-39.83%

Local Cheese (1kg)

$9.20 CA$13.01

$13.39 €11.91

-31.29%

Chicken Fillets (1kg)

$11.14 CA$15.75

$9.62 €8.56

15.80%

Beef Round Steak (1kg)

$9.05 CA$12.80

$13.89 €12.36

-34.85%

Apples (1kg)

$4.22 CA$5.96

$3.48 €3.09

21.26%

Banana (1kg)

$1.17 CA$1.65

$2.33 €2.07

-49.79%

Oranges (1kg)

$2.78 CA$3.93

$2.88 €2.56

-3.47%

Tomato (1kg)

$3.59 CA$5.08

$3.67 €3.26

-2.18%

Potato (1kg)

$3.41 CA$4.82

$2.09 €1.86

63.16%

Onion (1kg)

$2.61 CA$3.69

$1.56 €1.39

67.31%

Lettuce (1 head)

$2.26 CA$3.19

$1.29 €1.15

75.19%

Water (1.5 liter bottle)

$0.44 CA$0.62

$1.11 €0.98

-60.36%

Cigarettes 20 Pack (Marlboro, Camel)

$14.07 CA$19.89

$6.62 €5.89

112.54%

Wine (Bottle)

$10.45 CA$14.77

$9.17 €8.16

13.96%

Local Beer (0.5 liter bottle)

$3.34 CA$4.72

$1.82 €1.62

83.52%

Imported Beer (0.33 liter bottle)

$3.57 CA$5.05

$2.78 €2.47

28.42%

One-way Ticket (Public Transport)

$3.30 CA$4.66

$2.20 €1.96

50.00%

Public Transport Monthly Pass (Regular Price)

$117 CA$166

$51.2 €45.54

129.45%

Taxi Start (Normal Tariff)

$3.46 CA$4.88

$10.19 €9.07

-66.05%

Taxi (Normal Tariff) (1km)

$0.68 CA$0.96

$2.21 €1.96

-69.23%

Taxi 1hour Waiting (Normal Tariff)

$17.81 CA$25.17

$68.2 €60.6

-73.87%

Gasoline (1 liter)

$1.05 CA$1.48

$1.79 €1.59

-41.34%

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

$22.7K CA$32.1K

$33.0K €29.3K

-31.15%

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

$18.8K CA$26.6K

$31.4K €27.9K

-40.13%

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

$96.1 CA$136

$233 €208

-58.83%

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

$36.90 CA$52.2

$20.46 €18.20

80.35%

Internet (50+ Mbps, Unlimited Data)

$52.1 CA$73.7

$32.05 €28.51

62.65%

Gym Membership (Monthly)

$40.06 CA$56.6

$97.4 €86.6

-58.86%

Tennis Court (1 Hour on Weekend)

$21.42 CA$30.28

$34.67 €30.84

-38.22%

Cinema Ticket

$10.43 CA$14.74

$13.40 €11.92

-22.16%

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

$1,177 CA$1,664

$676 €601

74.13%

International Primary School, 1 Child (Yearly)

$10.6K €9,435

Jeans (Levis 501 Or Similar)

$55.3 CA$78.2

$97.2 €86.4

-43.05%

Summer Dress (H&M, Zara, etc)

$33.22 CA$46.97

$51.9 €46.12

-35.93%

Sport Shoes (Adidas, Nike)

$88.9 CA$126

$111 €98.9

-20.05%

Men's Leather Business Shoes

$81.6 CA$115

$117 €104

-30.15%

1-bedroom Apartment, City Center (Monthly)

$1,556 CA$2,199

$1,620 €1,441

-3.98%

1-bedroom Apartment, Outside City Center (Monthly)

$1,442 CA$2,038

$1,379 €1,227

4.55%

3-bedroom Apartment, City Center (Monthly)

$2,328 CA$3,292

$2,644 €2,352

-11.93%

3-bedroom Apartment, Outside City Center (Monthly)

$2,169 CA$3,066

$2,061 €1,833

5.23%

Buy Apartment in City Center (m2)

$4,222 CA$5,969

$5,516 €4,907

-23.46%

Buy Apartment Outside City Center (m2)

$4,233 CA$5,984

$4,242 €3,773

-0.20%

Average Monthly Net Salary (After Tax)

$2,913 CA$4,118

$2,537 €2,257

14.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

3.93

15.27%

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

Last update for Newmarket, ON: October 12, 2026

Last update for Limassol: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Newmarket, ON

$1.4K 57.9%

Limassol

$1.4K 51.6% 4.4% $63

Groceries & Markets

Newmarket, ON

$317 12.8%

Limassol

$328 12.3% 3.3% $10

Eating Out

Newmarket, ON

$230 9.2%

Limassol

$304 11.4% 32.3% $74

Monthly Utilities & Internet

Newmarket, ON

$185 7.4%

Limassol

$286 10.7% 54.4% $101

Getting Around

Newmarket, ON

$138 5.5%

Limassol

$81 3% 40.9% $56

Clothing & Footwear

Newmarket, ON

$117 4.7%

Limassol

$170 6.4% 45.5% $53

Sport & Entertainment

Newmarket, ON

$61 2.5%

Limassol

$124 4.7% 104% $63

Cost Breakdown

A central one-bedroom costs $1,556 in Newmarket, ON versus $1,620 in Limassol. 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 $61.0 in Newmarket, ON versus $77.0 in Limassol. Monthly groceries follow the same trend: $317 vs $328 – making Newmarket, ON the more affordable choice for daily food spending.

Good to know

🇨🇦 Newmarket, ON

🇨🇾 Limassol

🕒 Local time

08:34 8:34 AM

15:34 3:34 PM

7 h ahead of Newmarket, ON

🌤 Weather

👥 Population

87,942

101,000

💱 Currency

Canadian Dollar CAD $

Euro EUR €

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Euro exchange rates as of October 19, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to CAD in detail →

On the map

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Between locations

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

From you

Newmarket, ON
Limassol

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 Limassol: 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 $3,733 per month in Newmarket, ON and $4,007 in Limassol. 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 $1,177 per month in Newmarket, ON and $676 in Limassol. 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 $2,489 in Newmarket, ON and $2,671 in Limassol. 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.