New York, NYEdmonton, Canada
You would need around 70.1% less money in Edmonton, Canada to maintain the same standard of living you have in New York, NY.
Overall Cost of Living
Edmonton, Canada is cheaper than New York, NY
1-Bed Rent (City Center)
Groceries (Monthly)
Average Net Salary
Editorial Insight: Planning a move from New York, NY to Edmonton, Canada? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Edmonton, Canada is 70.1% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Edmonton, Canada's center costs around 1,084 USD, which is a staggering 74.7% less than in New York, NY. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.
Reviewed by the Remote Wealth Editorial Team
Our cost of living data for New York, NY and Edmonton, Canada is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.
Read more about our team →Salary Comparator
Find out exactly how much you need to earn in Edmonton, Canada to maintain your current lifestyle in New York, NY.
You need in Edmonton, Canada
1,621 USD
Geo-Arbitrage FIRE
Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.
By moving from New York, NY to Edmonton, Canada and investing the 70% cost of living difference, you could reach FIRE 10.0 years earlier.
Budget Simulator
Instantly adapt your New York, NY budget to local Edmonton, Canada prices. We automatically adjust housing, groceries, and leisure categories.
Investment Planner
You save 3200 USD every month on rent alone by moving to Edmonton, Canada.
Investing this rent difference in an S&P 500 index fund could grow to ~537,600 USD in 10 years.