Introduction
Are you considering a move abroad, but wondering how costly it will be? Canada and London are two popular places for expats to consider – both offer vibrant culture, strong economies, and plenty of exciting activities. But which city offers the best value for money when it comes to cost of living?
In this blog post, we’ll compare the costs associated with living in Canada versus those found in London. We’ll look at housing prices, grocery prices, utilities bills, transportation costs (including airfare), healthcare expenses, education fees and entertainment options. Finally we’ll take a closer look at taxes in each country so you can make an informed decision on where to settle down!
Housing Costs: Canada vs London
The most obvious comparison between these two countries is the cost of housing. In general terms rent is cheaper in Canada than it is in London – however there are significant differences depending on where exactly you choose to live. For example if you were looking for rental accommodation in downtown Toronto or Vancouver then expect higher rents than what would be charged elsewhere across the country such as Saskatoon or Winnipeg. Similarly if you were hoping to stay within Central London then again rent will be higher than other areas outside Zone 1 such as Barking & Dagenham or Bexley respectively.
Grocery Prices: Canadian Supermarkets vs UK Stores
Another major expense that needs consideration when comparing home nations is food shopping bill size! According to Numbeo’s 2019 Cost Of Living index report foods items like milk and bread tend to slightly more expensive here in Britain when compared directly against Canadian supermarkets; whilst vegetables and fruits are marginally cheaper here overall (which may come as welcome news given our British love affair with Sunday roasts!) However one thing that should definitely be noted – Canadians have access a much larger selection of international cuisines due their close proximity with America; therefore if your taste buds fancy something different than traditional British fare then expect your shopping expenditure go up accordingly!
Utilities Costs: Comparing Gas/Electricity Rates Across Borders
When making an apples-to-apples comparison between power bills from either side of Atlantic its important bear mind local taxation rates – since these vary significantly from province/state-to-state meaning monthly utility charges may not always reflect true market price rate per kWh unit used each month by household occupants . From research conducted into electricity rates from Ontario Energy Board found average households can save around $100 annually simply by switching providers ; whereas similar studies conducted into gas tariffs reveal potential savings nearly double that figure!.
Leave a Reply