🙂A single person spends $1,948 per month in Ras al-Khaimah vs $2,625 in Newmarket, ON, rent included.
🙂A couple spends around $3,021 per month in Ras al-Khaimah vs $3,730 in Newmarket, ON, rent included.
🙂A family of three spends $4,093 per month in Ras al-Khaimah vs $4,836 in Newmarket, ON, rent included.
🙂Ras al-Khaimah is about 26% cheaper than Newmarket, ON, driven mainly by Clothing & Footwear.
📊Both Ras al-Khaimah and Newmarket, ON sit above the global median – Ras al-Khaimah by 45%, Newmarket, ON by 96%.
Currency
🍽 Eating Out
Ras al-Khaimah
Newmarket, ON
Difference
Meal at Budget Restaurant
$13.55AED 49.77
$18.09CA$25.14
-25.10%
Three-Course Dinner for Two, Mid-Range
$49.69AED 183
$49.95CA$69.4
-0.52%
Fast Food Meal(McDonalds, etc)
$6.61AED 24.26
$10.24CA$14.23
-35.45%
Cappuccino
$5.63AED 20.67
$2.98CA$4.15
88.93%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.32AED 4.83
$1.95CA$2.70
-32.31%
Water(0.33 liter bottle)
$0.68AED 2.49
$1.56CA$2.16
-56.41%
Local Beer(0.5 liter draught)
$10.99AED 40.38
$4.72CA$6.55
132.84%
Imported Beer(0.33 liter bottle)
$10.23AED 37.59
$5.85CA$8.12
74.87%
🛒 Groceries & Markets
Ras al-Khaimah
Newmarket, ON
Difference
Milk(1 liter)
$1.63AED 6.00
$2.02CA$2.80
-19.31%
White Bread(500g)
$1.47AED 5.39
$2.65CA$3.68
-44.53%
Rice(white)(1kg)
$1.72AED 6.31
$3.74CA$5.20
-54.01%
Eggs
$2.31AED 8.49
$3.43CA$4.76
-32.65%
Local Cheese(1kg)
$12.89AED 47.33
$10.11CA$14.04
27.50%
Chicken Fillets(1kg)
$7.63AED 28.02
$11.22CA$15.59
-32.00%
Beef Round Steak(1kg)
$15.03AED 55.2
$9.22CA$12.82
63.02%
Apples(1kg)
$2.21AED 8.14
$3.57CA$4.96
-38.10%
Banana(1kg)
$1.80AED 6.61
$1.17CA$1.63
53.85%
Oranges(1kg)
$1.50AED 5.50
$3.82CA$5.30
-60.73%
Tomato(1kg)
$1.26AED 4.62
$4.01CA$5.57
-68.58%
Potato(1kg)
$0.96AED 3.53
$4.73CA$6.58
-79.70%
Onion(1kg)
$1.00AED 3.67
$3.36CA$4.66
-70.24%
Lettuce(1 head)
$1.76AED 6.45
$2.76CA$3.84
-36.23%
Water(1.5 liter bottle)
$0.50AED 1.83
$0.50CA$0.70
-
Cigarettes 20 Pack(Marlboro, Camel)
$6.45AED 23.68
$13.79CA$19.15
-53.23%
Wine(Bottle)
$13.55AED 49.78
$10.66CA$14.81
27.11%
Local Beer(0.5 liter bottle)
$2.64AED 9.70
$3.18CA$4.41
-16.98%
Imported Beer(0.33 liter bottle)
$2.88AED 10.56
$2.88CA$3.99
-
🚌 Getting Around
Ras al-Khaimah
Newmarket, ON
Difference
One-way Ticket(Public Transport)
$2.34AED 8.61
$3.44CA$4.78
-31.98%
Public Transport Monthly Pass(Regular Price)
$63.0AED 231
$119CA$166
-47.19%
Taxi Start(Normal Tariff)
$1.46AED 5.35
$3.59CA$4.99
-59.33%
Taxi(Normal Tariff)(1km)
$0.94AED 3.45
$2.81CA$3.91
-66.55%
Taxi 1hour Waiting(Normal Tariff)
$8.38AED 30.78
$22.07CA$30.66
-62.03%
Gasoline(1 liter)
$0.75AED 2.76
$1.10CA$1.52
-31.82%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.9KAED 164.8K
$18.1KCA$25.1K
148.29%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.8KAED 83.8K
$20.3KCA$28.2K
12.47%
🧾 Monthly Utilities & Internet
Ras al-Khaimah
Newmarket, ON
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$148AED 544
$100CA$140
47.45%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$44.24AED 163
$49.40CA$68.6
-10.45%
Internet(50+ Mbps, Unlimited Data)
$99.6AED 366
$70.6CA$98.1
41.09%
🎉 Sport & Entertainment
Ras al-Khaimah
Newmarket, ON
Difference
Gym Membership(Monthly)
$56.2AED 207
$41.17CA$57.2
36.60%
Tennis Court(1 Hour on Weekend)
$40.33AED 148
$22.01CA$30.58
83.23%
Cinema Ticket
$13.35AED 49.02
$10.89CA$15.13
22.59%
🧸 Childcare & Education
Ras al-Khaimah
Newmarket, ON
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$244AED 895
$1,302CA$1,809
-81.28%
International Primary School, 1 Child(Yearly)
$5,084AED 18.7K
$11.8KCA$16.4K
-57.04%
👕👟 Clothing & Footwear
Ras al-Khaimah
Newmarket, ON
Difference
Jeans(Levis 501 Or Similar)
$116AED 426
$60.4CA$83.9
91.82%
Summer Dress(H&M, Zara, etc)
$53.5AED 196
$35.30CA$49.05
51.56%
Sport Shoes(Adidas, Nike)
$137AED 503
$93.9CA$131
45.71%
Men's Leather Business Shoes
$136AED 500
$84.6CA$118
61.02%
🏠 Accommodation & Living
Ras al-Khaimah
Newmarket, ON
Difference
1-bedroom Apartment, City Center(Monthly)
$720AED 2,644
$1,635CA$2,272
-55.97%
1-bedroom Apartment, Outside City Center(Monthly)
$765AED 2,810
$1,488CA$2,067
-48.58%
3-bedroom Apartment, City Center(Monthly)
$1,972AED 7,242
$2,407CA$3,344
-18.09%
3-bedroom Apartment, Outside City Center(Monthly)
$1,524AED 5,599
$2,265CA$3,146
-32.68%
Buy Apartment in City Center(m2)
$4,839AED 17.8K
$4,472CA$6,214
8.21%
Buy Apartment Outside City Center(m2)
$1,944AED 7,140
$4,479CA$6,223
-56.60%
💵 Salaries & Financials
Ras al-Khaimah
Newmarket, ON
Difference
Average Monthly Net Salary(After Tax)
$1,605AED 5,896
$3,051CA$4,239
-47.38%
20-Year Fixed Mortgage Interest Rate(Annual %)
4.88
6.2
-21.29%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Ras al-Khaimah: May 30, 2026
Last update for Newmarket, ON: May 31, 2026
Cost Breakdown
🏠A central one-bedroom costs $720 in Ras al-Khaimah versus $1,635 in Newmarket, ON. 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 90% 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 $50.0 in Ras al-Khaimah versus $50.0 in Newmarket, ON. Monthly groceries follow the same trend: $267 vs $331 – making Ras al-Khaimah 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
Ras al-Khaimah vs Newmarket, ON: Cost of Living - Frequently Asked Questions
Which city is more expensive, Ras al-Khaimah or Newmarket, ON?
Newmarket, ON costs about 35% more than Ras al-Khaimah, with the gap driven mainly by Clothing & Footwear. 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 Ras al-Khaimah vs Newmarket, ON?
For a comfortable life, plan on about $2,922 per month in Ras al-Khaimah and $3,938 in Newmarket, ON. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Where is rent cheaper, Ras al-Khaimah or Newmarket, ON?
Rent is clearly cheaper in Ras al-Khaimah, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How much does it cost to live in Ras al-Khaimah compared to Newmarket, ON?
Monthly expenses with rent come to $1,948 in Ras al-Khaimah and $2,625 in Newmarket, ON. The difference isn't just one category – it shows up across housing, food, transport, and services.
How expensive is transport in Ras al-Khaimah vs Newmarket, ON?
Public transport costs about 89% less in Ras al-Khaimah. For daily commuters, that gap adds up to noticeable savings over a year.
Can you live on $2,500/month in Ras al-Khaimah or Newmarket, ON?
A $2,500 monthly budget goes further in Ras al-Khaimah, where all-in costs run around $1,948, than in Newmarket, ON at $2,625. In Ras al-Khaimah it covers expenses comfortably, while in Newmarket, ON it requires careful planning or may not stretch far enough.
Which city is better for digital nomads, Ras al-Khaimah or Newmarket, ON?
For digital nomads, it depends on budget. Ras al-Khaimah costs $1,948 versus $2,625 in Newmarket, ON. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.
How safe is Ras al-Khaimah compared to Newmarket, ON?
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.
Should I move to Ras al-Khaimah or Newmarket, ON?
If budget matters most, go with Ras al-Khaimah. 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.
Ras al-Khaimah vs other spots: cost of living compared