Last update: Nov 2026

Cost of Living Comparison Between Yellowknife and New York, NY

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.

144

Cost of Living Index in Yellowknife
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Yellowknife Living Index
234

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

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Yellowknife

🇨🇦 Canada

$2,992

/mo nomad

New York, NY

🇺🇸 United States

$4,906

/mo nomad

Monthly Cost of Living

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

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

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

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

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

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

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

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

Yellowknife is about 39% cheaper than New York, NY, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$19.47 CA$27.39

$26.93 $26.93

-27.70%

Three-Course Dinner for Two, Mid-Range

$85.5 CA$120

$117 $117

-26.81%

Fast Food Meal (McDonalds, etc)

$8.51 CA$11.96

$14.60 $14.60

-41.71%

Cappuccino

$4.30 CA$6.05

$6.54 $6.54

-34.25%

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

$2.31 CA$3.25

$3.86 $3.86

-40.16%

Water (0.33 liter bottle)

$2.07 CA$2.92

$2.95 $2.95

-29.83%

Local Beer (0.5 liter draught)

$6.57 CA$9.25

$8.08 $8.08

-18.69%

Imported Beer (0.33 liter bottle)

$7.18 CA$10.09

$9.85 $9.85

-27.11%

Milk (1 liter)

$2.83 CA$3.98

$1.31 $1.31

116.03%

White Bread (500g)

$2.76 CA$3.88

$4.97 $4.97

-44.47%

Rice (white) (1kg)

$4.73 CA$6.65

$7.70 $7.70

-38.57%

Eggs

$3.16 CA$4.45

$6.09 $6.09

-48.11%

Local Cheese (1kg)

$7.13 CA$10.03

$19.55 $19.55

-63.53%

Chicken Fillets (1kg)

$16.48 CA$23.18

$17.59 $17.59

-6.31%

Beef Round Steak (1kg)

$15.54 CA$21.86

$20.26 $20.26

-23.30%

Apples (1kg)

$4.74 CA$6.66

$6.99 $6.99

-32.19%

Banana (1kg)

$1.48 CA$2.07

$2.21 $2.21

-33.03%

Oranges (1kg)

$5.41 CA$7.61

$6.72 $6.72

-19.49%

Tomato (1kg)

$7.31 CA$10.28

$7.12 $7.12

2.67%

Potato (1kg)

$4.41 CA$6.21

$4.61 $4.61

-4.34%

Onion (1kg)

$3.54 CA$4.97

$4.78 $4.78

-25.94%

Lettuce (1 head)

$3.40 CA$4.79

$2.87 $2.87

18.47%

Water (1.5 liter bottle)

$1.12 CA$1.57

$2.69 $2.69

-58.36%

Cigarettes 20 Pack (Marlboro, Camel)

$17.66 CA$24.84

$19.14 $19.14

-7.73%

Wine (Bottle)

$14.04 CA$19.74

$19.63 $19.63

-28.48%

Local Beer (0.5 liter bottle)

$4.21 CA$5.92

$3.32 $3.32

26.81%

Imported Beer (0.33 liter bottle)

$6.46 CA$9.08

$4.19 $4.19

54.18%

One-way Ticket (Public Transport)

$1.46 CA$2.06

$3.02 $3.02

-51.66%

Public Transport Monthly Pass (Regular Price)

$53.7 CA$75.6

$139 $139

-61.44%

Taxi Start (Normal Tariff)

$3.46 CA$4.86

$3.04 $3.04

13.82%

Taxi (Normal Tariff) (1km)

$2.20 CA$3.10

$2.20 $2.20

Taxi 1hour Waiting (Normal Tariff)

$40.48 CA$56.9

$41.33 $41.33

-2.06%

Gasoline (1 liter)

$1.30 CA$1.82

$1.13 $1.13

15.04%

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

$24.5K CA$34.4K

$34.5K $34.5K

-28.94%

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

$20.0K CA$28.1K

$25.8K $25.8K

-22.59%

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

$360 CA$506

$232 $232

54.76%

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

$59.9 CA$84.3

$71.0 $71.0

-15.63%

Internet (50+ Mbps, Unlimited Data)

$101 CA$142

$67.7 $67.7

49.55%

Gym Membership (Monthly)

$72.7 CA$102

$115 $115

-36.97%

Tennis Court (1 Hour on Weekend)

$76.8 $76.8

Cinema Ticket

$9.83 CA$13.83

$22.41 $22.41

-56.14%

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

$606 CA$852

$3,606 $3,606

-83.19%

International Primary School, 1 Child (Yearly)

$68.7K $68.7K

Jeans (Levis 501 Or Similar)

$64.4 CA$90.6

$79.3 $79.3

-18.75%

Summer Dress (H&M, Zara, etc)

$35.13 CA$49.40

$51.4 $51.4

-31.65%

Sport Shoes (Adidas, Nike)

$102 CA$143

$121 $121

-15.81%

Men's Leather Business Shoes

$117 CA$165

$140 $140

-16.42%

1-bedroom Apartment, City Center (Monthly)

$1,629 CA$2,291

$4,555 $4,555

-64.24%

1-bedroom Apartment, Outside City Center (Monthly)

$1,426 CA$2,005

$3,040 $3,040

-53.09%

3-bedroom Apartment, City Center (Monthly)

$2,442 CA$3,434

$9,742 $9,742

-74.94%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,948

$5,331 $5,331

-60.68%

Buy Apartment in City Center (m2)

$3,108 CA$4,371

$18.2K $18.2K

-82.95%

Buy Apartment Outside City Center (m2)

$2,850 CA$4,009

$6,685 $6,685

-57.36%

Average Monthly Net Salary (After Tax)

$4,649 CA$6,537

$5,096 $5,096

-8.78%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.32

6.89

-22.79%

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

Last update for Yellowknife: November 1, 2026

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

Monthly budget structure

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

Accommodation & Living

Yellowknife

$1.4K 47.7%

New York, NY

$3K 62% 113% $1.6K

Monthly Utilities & Internet

Yellowknife

$521 17.4%

New York, NY

$371 7.6% 28.7% $150

Groceries & Markets

Yellowknife

$438 14.6%

New York, NY

$567 11.6% 29.5% $129

Eating Out

Yellowknife

$298 10%

New York, NY

$425 8.7% 42.8% $127

Clothing & Footwear

Yellowknife

$143 4.8%

New York, NY

$176 3.6% 23% $33

Sport & Entertainment

Yellowknife

$92 3.1%

New York, NY

$160 3.3% 73.4% $68

Getting Around

Yellowknife

$74 2.5%

New York, NY

$165 3.4% 123% $91

Cost Breakdown

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

Good to know

🇨🇦 Yellowknife

🇺🇸 New York, NY

🕒 Local time

14:34 2:34 PM

15:34 3:34 PM

1 h ahead of Yellowknife

🌤 Weather

👥 Population

19,234

8,804,190

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.636 EUR

1 USD = 0.895 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.57 CAD (1 CAD = 0.636 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to CAD in detail →

On the map

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Between locations

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

From you

Yellowknife
New York, NY

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

Yellowknife vs New York, NY: 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 $4,488 per month in Yellowknife and $7,358 in New York, NY. 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 $606 per month in Yellowknife and $3,606 in New York, NY. 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 $2,992 in Yellowknife and $4,906 in New York, NY. 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.