Although Canada has faced the same challenge of inflation as its southern neighbour, cities have been spared the worst thanks to the lower value of the Canadian dollar
, our sister company. The story on America’s west coast is similar: Los Angeles shares the fourth spot with Hong Kong. Bothhave risen five places from last year’s global ranking. The chart below reveals which other cities in North America are the priciest to live in, and which are the cheapest.’s cost of living index ranks 172 cities around the world, measured in local currencies. It includes 27 cities in North America. Of these, the five priciest were all in the United States.
For Americans and expats searching for a cheaper place to call home in North America, their best bet might be to up sticks to Canada. Although it has faced the same challenge of inflation as its southern neighbour, cities have been spared the worst thanks to the lower value of the Canadian dollar. Toronto was ranked the cheapest major city in the region. And globally, it is sandwiched between Stockholm and Busan, in South Korea, while still offering a standard of living comparable to any major city . That makes it an appealing option, if you can handle Canadian winters.
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