Cost of living comparison between manitoba vs new newfoundland
Manitoba and Newfoundland and Labrador are two provinces located in the eastern and central regions of Canada, respectively. While both provinces have their unique characteristics, the cost of living in Manitoba is generally lower compared to Newfoundland and Labrador. Here's a comparison of the cost of living in both provinces:
Housing:
- Manitoba: The average rent for a one-bedroom apartment in Winnipeg, the capital city, is around $900-1,000 CAD per month. A detached house with three bedrooms can cost around $250,000-350,000 CAD.
- Newfoundland and Labrador: The average rent for a one-bedroom apartment in St. John's, the capital city, is around $1,200-1,500 CAD per month. A detached house with three bedrooms can cost around $400,000-600,000 CAD.
Food:
- Manitoba: The cost of groceries in Manitoba is relatively low. A basket of basic groceries (milk, bread, eggs, chicken, apples, and bananas) can cost around $50-60 CAD per week.
- Newfoundland and Labrador: The cost of groceries in Newfoundland and Labrador is slightly higher due to transportation costs and limited competition. A basket of basic groceries can cost around $60-70 CAD per week.
Transportation:
- Manitoba: The cost of owning and maintaining a vehicle in Manitoba is relatively low. Gasoline is around 10-15% cheaper than in Newfoundland and Labrador.
- Newfoundland and Labrador: The cost of owning and maintaining a vehicle in Newfoundland and Labrador is higher due to higher gasoline prices and higher insurance rates.
Utilities:
- Manitoba: The cost of utilities (electricity, water, heat) in Manitoba is relatively low. A typical household can expect to pay around $150-200 CAD per month.
- Newfoundland and Labrador: The cost of utilities in Newfoundland and Labrador is slightly higher due to the province's remote location and limited access to natural resources. A typical household can expect to pay around $200-250 CAD per month.
Taxes:
- Manitoba: The provincial sales tax in Manitoba is 7%, and the federal goods and services tax (GST) is 5%. The combined tax rate is 12%.
- Newfoundland and Labrador: The provincial sales tax in Newfoundland and Labrador is 13%, and the federal GST is 5%. The combined tax rate is 18%.
Overall Cost of Living:
- Manitoba: The overall cost of living in Manitoba is around 10-15% lower compared to Newfoundland and Labrador.
- Newfoundland and Labrador: The overall cost of living in Newfoundland and Labrador is higher due to the province's remote location, limited access to natural resources, and higher taxes.
In summary, while both provinces have their unique characteristics, the cost of living in Manitoba is generally lower compared to Newfoundland and Labrador. However, it's essential to consider individual circumstances, such as lifestyle, occupation, and personal preferences, when making a decision about which province to live in.