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

Monthly Cost of Living

A single person spends $2,599 per month in Newmarket, ON vs $2,755 in Limassol, rent included.

A couple spends around $3,661 per month in Newmarket, ON vs $3,942 in Limassol, rent included.

A family of three spends $4,722 per month in Newmarket, ON vs $5,128 in Limassol, rent included.

Newmarket, ON is about 6% cheaper than Limassol, driven mainly by Eating Out.

Both Newmarket, ON and Limassol sit above the global median – Newmarket, ON by 89%, Limassol by 101%.

Meal at Budget Restaurant

$14.15 CA$19.52

$23.04 €19.80

-38.59%

Three-Course Dinner for Two, Mid-Range

$53.2 CA$73.4

$81.1 €69.7

-34.40%

Fast Food Meal (McDonalds, etc)

$8.90 CA$12.27

$9.47 €8.14

-6.02%

Cappuccino

$3.60 CA$4.96

$4.00 €3.44

-10.00%

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

$1.75 CA$2.42

$2.03 €1.74

-13.79%

Water (0.33 liter bottle)

$1.35 CA$1.86

$1.32 €1.14

2.27%

Local Beer (0.5 liter draught)

$5.09 CA$7.02

$5.35 €4.60

-4.86%

Imported Beer (0.33 liter bottle)

$6.04 CA$8.33

$5.75 €4.94

5.04%

Milk (1 liter)

$2.05 CA$2.83

$1.98 €1.70

3.54%

White Bread (500g)

$2.72 CA$3.76

$2.55 €2.20

6.67%

Rice (white) (1kg)

$4.17 CA$5.75

$3.21 €2.76

29.91%

Eggs

$2.97 CA$4.09

$4.86 €4.18

-38.89%

Local Cheese (1kg)

$9.76 CA$13.46

$13.47 €11.58

-27.54%

Chicken Fillets (1kg)

$11.33 CA$15.62

$9.64 €8.28

17.53%

Beef Round Steak (1kg)

$9.17 CA$12.65

$13.81 €11.87

-33.60%

Apples (1kg)

$4.32 CA$5.96

$3.53 €3.03

22.38%

Banana (1kg)

$1.20 CA$1.65

$2.24 €1.93

-46.43%

Oranges (1kg)

$2.91 CA$4.02

$2.86 €2.46

1.75%

Tomato (1kg)

$3.71 CA$5.12

$3.69 €3.17

0.54%

Potato (1kg)

$3.52 CA$4.86

$2.13 €1.83

65.26%

Onion (1kg)

$2.69 CA$3.71

$1.63 €1.40

65.03%

Lettuce (1 head)

$2.31 CA$3.19

$1.21 €1.04

90.91%

Water (1.5 liter bottle)

$0.48 CA$0.67

$1.10 €0.94

-56.36%

Cigarettes 20 Pack (Marlboro, Camel)

$14.54 CA$20.04

$6.74 €5.79

115.73%

Wine (Bottle)

$10.90 CA$15.03

$9.44 €8.11

15.47%

Local Beer (0.5 liter bottle)

$3.51 CA$4.84

$1.94 €1.67

80.93%

Imported Beer (0.33 liter bottle)

$3.56 CA$4.91

$2.88 €2.48

23.61%

One-way Ticket (Public Transport)

$3.48 CA$4.80

$2.38 €2.04

46.22%

Public Transport Monthly Pass (Regular Price)

$119 CA$164

$52.5 €45.15

126.85%

Taxi Start (Normal Tariff)

$3.67 CA$5.06

$9.93 €8.54

-63.04%

Taxi (Normal Tariff) (1km)

$0.70 CA$0.96

$2.20 €1.89

-68.18%

Taxi 1hour Waiting (Normal Tariff)

$18.03 CA$24.86

$34.79 €29.91

-48.17%

Gasoline (1 liter)

$1.06 CA$1.46

$1.74 €1.50

-39.08%

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

$23.6K CA$32.5K

$31.3K €26.9K

-24.58%

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

$19.0K CA$26.2K

$33.0K €28.4K

-42.40%

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

$96.9 CA$134

$229 €197

-57.71%

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

$37.83 CA$52.2

$21.75 €18.70

73.93%

Internet (50+ Mbps, Unlimited Data)

$54.6 CA$75.3

$33.36 €28.68

63.58%

Gym Membership (Monthly)

$39.94 CA$55.1

$97.9 €84.2

-59.20%

Tennis Court (1 Hour on Weekend)

$21.85 CA$30.13

$33.11 €28.46

-34.01%

Cinema Ticket

$10.70 CA$14.75

$12.54 €10.78

-14.67%

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

$1,240 CA$1,710

$681 €586

81.97%

International Primary School, 1 Child (Yearly)

$10.8K €9,273

Jeans (Levis 501 Or Similar)

$56.9 CA$78.5

$97.5 €83.8

-41.61%

Summer Dress (H&M, Zara, etc)

$35.24 CA$48.59

$53.8 €46.25

-34.50%

Sport Shoes (Adidas, Nike)

$92.3 CA$127

$109 €93.9

-15.51%

Men's Leather Business Shoes

$84.4 CA$116

$119 €102

-29.14%

1-bedroom Apartment, City Center (Monthly)

$1,663 CA$2,293

$1,691 €1,454

-1.70%

1-bedroom Apartment, Outside City Center (Monthly)

$1,463 CA$2,018

$1,405 €1,208

4.17%

3-bedroom Apartment, City Center (Monthly)

$2,358 CA$3,252

$2,713 €2,333

-13.10%

3-bedroom Apartment, Outside City Center (Monthly)

$2,247 CA$3,099

$2,173 €1,868

3.43%

Buy Apartment in City Center (m2)

$4,399 CA$6,066

$5,647 €4,855

-22.10%

Buy Apartment Outside City Center (m2)

$4,343 CA$5,989

$4,166 €3,582

4.24%

Average Monthly Net Salary (After Tax)

$3,105 CA$4,282

$2,736 €2,352

13.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

4.01

12.97%

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

Last update for Newmarket, ON: August 29, 2026

Last update for Limassol: August 31, 2026

Cost Breakdown

A central one-bedroom costs $1,663 in Newmarket, ON versus $1,691 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 13% 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 $53.0 in Newmarket, ON versus $81.0 in Limassol. Monthly groceries follow the same trend: $326 vs $331 – making Newmarket, ON the more affordable choice for daily food spending.

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 6%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,899 per month in Newmarket, ON and $4,133 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 $1,240 per month in Newmarket, ON and $681 in Limassol. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 1% 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 $2,599 in Newmarket, ON and $2,755 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.