Cost of living in canada vs new zealand

Both Canada and New Zealand are popular destinations for expats and digital nomads, known for their high standard of living, stunning natural beauty, and welcoming cultures. However, the cost of living in these two countries can vary significantly. Here's a breakdown of the main differences:

Housing:

• Canada: The cost of housing in Canada varies greatly depending on the city and region. In major cities like Toronto, Vancouver, and Montreal, you can expect to pay around $1,500-$2,500 CAD per month for a one-bedroom apartment. In smaller cities and towns, the cost can be significantly lower, around $800-$1,200 CAD per month.
• New Zealand: The cost of housing in New Zealand is generally lower than in Canada. In Auckland, the largest city, you can expect to pay around $1,000-$1,800 NZD per month for a one-bedroom apartment. In smaller cities and towns, the cost can be around $600-$1,200 NZD per month.

Food:

• Canada: Eating out in Canada can cost around $15-$25 CAD per meal, while groceries can cost around $100-$150 CAD per week for basic items.
• New Zealand: Eating out in New Zealand can cost around $15-$25 NZD per meal, while groceries can cost around $80-$120 NZD per week for basic items.

Transportation:

• Canada: Public transportation in Canada is generally well-developed, with monthly passes costing around $90-$150 CAD in major cities. Owning a car can be expensive, with fuel prices around $1.20 CAD per liter.
• New Zealand: Public transportation in New Zealand is also well-developed, with monthly passes costing around $60-$100 NZD in major cities. Owning a car can be expensive, with fuel prices around $2.00 NZD per liter.

Healthcare:

• Canada: Canada has a publicly-funded healthcare system, which means that most medical services are free or low-cost for citizens and permanent residents.
• New Zealand: New Zealand also has a publicly-funded healthcare system, which is free for citizens and permanent residents. However, there may be some costs associated with prescription medications and dental care.

Taxes:

• Canada: Canada has a progressive tax system, with tax rates ranging from 15% to 33%. Non-residents may be subject to a 25% withholding tax on income earned in Canada.
• New Zealand: New Zealand has a progressive tax system, with tax rates ranging from 10.5% to 33%. Non-residents may be subject to a 20% withholding tax on income earned in New Zealand.

Overall Cost of Living:

• Canada: The overall cost of living in Canada can vary greatly depending on the city and region. On average, a single person can expect to live comfortably on around $3,000-$4,000 CAD per month, while a couple can expect to live comfortably on around $5,000-$6,000 CAD per month.
• New Zealand: The overall cost of living in New Zealand is generally lower than in Canada. On average, a single person can expect to live comfortably on around $2,500-$3,500 NZD per month, while a couple can expect to live comfortably on around $4,000-$5,500 NZD per month.

Ultimately, the cost of living in Canada versus New Zealand will depend on your individual circumstances, lifestyle, and location. Both countries offer a high standard of living, but the cost of housing, food, and transportation can vary significantly. It's essential to research and budget carefully before making a decision.