Four of the five most expensive cities on either side of the border when it comes to cost of living versus income are located in Canada, a new study shows.
Data released by Canadian insurance provider PolicyAdvisor suggests that New York City, Mississauga, Ont., Vancouver, Hamilton, Ont., and Toronto are the most unaffordable places to live in either country.
The study examined the 10 most populous cities in each country and compared the average cost of eight common necessities, items and services: a cinema ticket, a restaurant meal, a bottle of water, a cappuccino, a one-month gym membership, a one-way ticket on transit, a monthly pass on transit, and one month’s rent.
