Cost of living in Markham

In Markham, Canada, living costs about $2398 per month for one person and $5372 for a family of four, including rent.

How expensive is Markham compared to other cities?

Markham is 68% more expensive overall versus the European benchmark.

How does Markham compare to your city?

Markham is 48% cheaper than New York City, without rent.

Rent in Markham is, on average, 37% lower than in New York City.

What drives the cost of living in Markham?

Who is Markham a good fit for?

Markham is most realistic when moving with a strong job offer or relocation package. Without high income, the housing-driven price level can be difficult to sustain.

FAQ

Why is Markham so expensive?

The primary reason for Markham's high cost is the significant expense associated with rent and utilities. This factor heavily influences overall living costs in the area.

Is food expensive in Markham?

Food costs in Markham are 6% higher than the European benchmark. This increase can impact monthly budgets for residents.

Is public transport affordable in Markham?

Public transport in Markham is 70% higher than the European benchmark. This elevated cost can affect daily commuting expenses for residents.

Cost of living breakdown

Cost of Living, one person, including rent
2398 $
Without Rent
743 $
Rent & Utilities
1655 $
Food
505 $
Transport
127 $
Monthly Salary, after tax
3462 $
GDP per Capita
53,372 $
Freedom Index
8.55
Lifespan
81 years
Speak English
82%
Population
339.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 14.8 $
Dinner 69.1 $
Fast food, McDonalds or KFC 8.86 $
Beer, 0.5 L or 16 fl oz 3.73 $
Capuccino 3.28 $
Coke, 330ml 1.49 $

Compare Markham with:

Markets

Milk, 1 L or 1 qt 2.42 $
Bread, 0.5 kg or 1 lb 2.34 $
Rice, 1 kg or 2 lb 1.61 $
Eggs, 12 pack 2.83 $
Cheese, 1 kg or 2 lb 11.5 $
Chicken Breast, 1 kg or 2 lb 10.1 $
Round Steak, 1 kg or 2 lb 7.41 $
Apples, 1 kg or 2 lb 3.57 $
Banana, 1 kg or 2 lb 1.4 $
Oranges, 1 kg or 2 lb 1.84 $
Tomato, 1 kg or 2 lb 3.47 $
Potato, 1 kg or 2.2 lb 2.45 $
Onion, 1 kg or 2.2 lb 2.14 $
Water, 1 L or 1 qt 1.1 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.03 $
Wine, 750 mL bottle 14.8 $
Beer, 0.5 L or 16 fl oz 2.22 $
Cigarette pack 14 $

Transportation

One-way Ticket 3.12 $
Monthly Pass 97.1 $
Gas or Petrol, 1l or 0.26 gal 1.12 $
Taxi, 8 km 21.5 $

Personal Care

Doctor Visit, private clinic 61.9 $
Cold medicine, for 1 week 10.8 $
Hair Shampoo, 400 ml or 12 oz. 4.99 $
Toilet paper, 4 rolls 2.55 $
Toothpaste, 1 tube 2.31 $

Utilities per Month

1 person, electricity, heating, water & garbage 118 $
Family of 4, electricity, heating, water & garbage 180 $
Internet plan, +60 Mbps 52 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,466 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,504 $
1 Bedroom Apartment, in city center, 40 sq.m 1,559 $
3 Bedroom Apartment, in city center, 85 sq.m 3,010 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 6,724 $
Price per Square Meter to Buy House, in suburbs 3,972 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,462 $
Mortgage Interest Rate, for 20 years fixed-rate 6.64%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 45.7 $
Cinema, 1 seat 11 $
Haircut 17.9 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 60.6 $
Brand Jeans, Levis 501 44.6 $

Childcare

Preschool, full day, monthly for 1 child 923 $
International Primary School, yearly for 1 child 28,728 $

Compare Markham with other top cities

Cayman Islands
Markham vs George Town (George Town is 52% more expensive)
Bahamas
Markham vs Nassau (Nassau is 15% more expensive) Markham vs Freeport (Freeport is 8% less expensive)
Vanuatu
Markham vs Port Vila (Port Vila is 2% less expensive) Markham vs Luganville (Luganville is 27% more expensive)
United States
Markham vs New York City (New York City is 69% more expensive) Markham vs Los Angeles (Los Angeles is 33% more expensive) Markham vs Chicago (Chicago is 11% more expensive) Markham vs Houston (Houston is 6% less expensive) Markham vs Phoenix (Phoenix is 1% less expensive) Markham vs Philadelphia (Philadelphia is 6% more expensive) Markham vs San Antonio (San Antonio is 9% less expensive) Markham vs San Diego (San Diego is 40% more expensive) Markham vs Dallas (Dallas is 6% more expensive) Markham vs San Jose (San Jose is 53% more expensive)
Canada
Markham vs Toronto (Toronto is 7% more expensive) Markham vs Montreal (Montreal is 19% less expensive) Markham vs Calgary (Calgary is 10% less expensive) Markham vs Ottawa (Ottawa is 7% less expensive) Markham vs Edmonton (Edmonton is 26% less expensive) Markham vs Winnipeg (Winnipeg is 27% less expensive) Markham vs Mississauga (Mississauga is 3% more expensive) Markham vs Vancouver (Vancouver is 11% more expensive) Markham vs Brampton (Brampton is 11% less expensive) Markham vs Hamilton (Hamilton is 10% less expensive)
Barbados
Markham vs Bridgetown (Bridgetown is 43% less expensive) Markham vs Holetown (Holetown is 42% less expensive)
Panama
Markham vs Panama City (Panama City is 42% less expensive) Markham vs Colon (Colon is 51% less expensive) Markham vs Tocumen (Tocumen is 49% less expensive) Markham vs Santiago de Veraguas (Santiago de Veraguas is 56% less expensive) Markham vs David (David is 65% less expensive) Markham vs La Chorrera (La Chorrera is 60% less expensive) Markham vs Balboa (Balboa is 48% less expensive) Markham vs Pacora (Pacora is 48% less expensive) Markham vs Chitre (Chitre is 55% less expensive) Markham vs Penonome (Penonome is 54% less expensive)
Saint Kitts And Nevis
Markham vs Basseterre (Basseterre is 48% less expensive) Markham vs Cayon (Cayon is 48% less expensive)
Cuba
Markham vs Havana (Havana is 57% less expensive) Markham vs Santiago de Cuba (Santiago de Cuba is 41% less expensive) Markham vs Holguin (Holguin is 47% less expensive) Markham vs Camaguey (Camaguey is 36% less expensive) Markham vs Santa Clara (Santa Clara is 56% less expensive) Markham vs Bayamo (Bayamo is 51% less expensive) Markham vs Guantanamo (Guantanamo is 35% less expensive) Markham vs Las Tunas (Las Tunas is 35% less expensive) Markham vs Pinar del Rio (Pinar del Rio is 54% less expensive) Markham vs Cienfuegos (Cienfuegos is 63% less expensive)
Costa Rica
Markham vs San Jose (San Jose is 48% less expensive) Markham vs Limon (Limon is 50% less expensive) Markham vs Liberia (Liberia is 63% less expensive) Markham vs Alajuela (Alajuela is 49% less expensive) Markham vs Puntarenas (Puntarenas is 47% less expensive) Markham vs Cartago (Cartago is 60% less expensive) Markham vs Heredia (Heredia is 48% less expensive) Markham vs Tamarindo (Tamarindo is 30% less expensive) Markham vs Santa Teresa (Santa Teresa is 45% less expensive)
Saint Lucia
Markham vs Castries (Castries is 52% less expensive) Markham vs Vieux Fort (Vieux Fort is 50% less expensive)
Jamaica
Markham vs Kingston (Kingston is 45% less expensive) Markham vs Spanish Town (Spanish Town is 67% less expensive) Markham vs Montego Bay (Montego Bay is 58% less expensive) Markham vs Half Way Tree (Half Way Tree is 51% less expensive) Markham vs May Pen (May Pen is 66% less expensive) Markham vs Mandeville (Mandeville is 59% less expensive) Markham vs Old Harbour (Old Harbour is 65% less expensive) Markham vs Linstead (Linstead is 56% less expensive) Markham vs Savanna-la-Mar (Savanna-la-Mar is 53% less expensive) Markham vs Port Antonio (Port Antonio is 52% less expensive)
El Salvador
Markham vs San Salvador (San Salvador is 50% less expensive) Markham vs Santa Ana (Santa Ana is 70% less expensive) Markham vs Soyapango (Soyapango is 51% less expensive) Markham vs San Miguel (San Miguel is 55% less expensive) Markham vs Mejicanos (Mejicanos is 52% less expensive) Markham vs Apopa (Apopa is 52% less expensive) Markham vs Santa Tecla (Santa Tecla is 50% less expensive) Markham vs Ahuachapan (Ahuachapan is 39% less expensive) Markham vs Usulutan (Usulutan is 55% less expensive) Markham vs Sonsonate (Sonsonate is 63% less expensive)
Antigua And Barbuda
Markham vs St. John's (St. John's is 55% less expensive) Markham vs All Saints (All Saints is 55% less expensive)
Grenada
Markham vs St. George's (St. George's is 56% less expensive) Markham vs Grenville (Grenville is 56% less expensive)
Dominica
Markham vs Roseau (Roseau is 58% less expensive) Markham vs Portsmouth (Portsmouth is 53% less expensive)
Saint Vincent
Markham vs Kingstown (Kingstown is 59% less expensive) Markham vs Georgetown (Georgetown is 58% less expensive)
Belize
Markham vs Belize City (Belize City is 63% less expensive) Markham vs San Ignacio (San Ignacio is 55% less expensive) Markham vs Belmopan (Belmopan is 70% less expensive) Markham vs San Pedro Town (San Pedro Town is 44% less expensive) Markham vs Caye Caulker (Caye Caulker is 34% less expensive)
Guatemala
Markham vs Guatemala City (Guatemala City is 58% less expensive) Markham vs Mixco (Mixco is 73% less expensive) Markham vs Coban (Coban is 62% less expensive) Markham vs Quetzaltenango (Quetzaltenango is 68% less expensive) Markham vs Jalapa (Jalapa is 62% less expensive) Markham vs San Miguel Petapa (San Miguel Petapa is 62% less expensive) Markham vs Momostenango (Momostenango is 64% less expensive) Markham vs Mazatenango (Mazatenango is 64% less expensive) Markham vs Flores (Flores is 64% less expensive) Markham vs Panajachel (Panajachel is 67% less expensive)
Honduras
Markham vs Tegucigalpa (Tegucigalpa is 65% less expensive) Markham vs San Pedro Sula (San Pedro Sula is 57% less expensive) Markham vs Choloma (Choloma is 75% less expensive) Markham vs La Ceiba (La Ceiba is 73% less expensive) Markham vs El Progreso (El Progreso is 63% less expensive) Markham vs Villanueva (Villanueva is 64% less expensive) Markham vs Comayagua (Comayagua is 70% less expensive) Markham vs Puerto Cortes (Puerto Cortes is 70% less expensive) Markham vs Yoro (Yoro is 69% less expensive) Markham vs La Lima (La Lima is 64% less expensive)
Dominican Republic
Markham vs Santiago de los Caballeros (Santiago de los Caballeros is 67% less expensive) Markham vs Santo Domingo (Santo Domingo is 56% less expensive) Markham vs Puerto Plata (Puerto Plata is 68% less expensive) Markham vs Higuey (Higuey is 68% less expensive) Markham vs La Vega (La Vega is 76% less expensive) Markham vs San Cristobal (San Cristobal is 65% less expensive) Markham vs San Pedro de Macoris (San Pedro de Macoris is 70% less expensive) Markham vs San Francisco de Macoris (San Francisco de Macoris is 78% less expensive) Markham vs San Juan de la Maguana (San Juan de la Maguana is 74% less expensive) Markham vs Bonao (Bonao is 77% less expensive)
Nicaragua
Markham vs Managua (Managua is 68% less expensive) Markham vs Leon (Leon is 73% less expensive) Markham vs Masaya (Masaya is 70% less expensive) Markham vs Matagalpa (Matagalpa is 77% less expensive) Markham vs Chinandega (Chinandega is 73% less expensive) Markham vs Esteli (Esteli is 75% less expensive) Markham vs Granada (Granada is 71% less expensive) Markham vs Jinotega (Jinotega is 81% less expensive) Markham vs Juigalpa (Juigalpa is 72% less expensive) Markham vs San Juan del Sur (San Juan del Sur is 63% less expensive)