City Cost Report
Markham skyline
Markham
New York skyline
New York
VS

Markham is 39% cheaper than New York overall.

MarkhamNew York
Rent (1BR City Centre)$2,200.00 CAD$5,455.32 CAD
Rent (1BR Outside Centre)$1,900.00 CAD$4,336.28 CAD
Groceries Index106120
Monthly Transit Pass$156.00 CAD$184.64 CAD
Utilities (monthly)$155.00 CAD$223.81 CAD
Gas (per litre)$1.64 CAD$1.47 CAD
Mid-range Meal$27.00 CAD$41.96 CAD
Gym Membership$60.00 CAD$111.90 CAD
Childcare (monthly)$1,550.00 CAD$3,077.36 CAD

Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.

Salary Equivalence Calculator

If you earn $in Markham...

You would need $98,812 in New York to maintain the same lifestyle.

Frequently asked questions

Is Markham cheaper than New York?

Markham is 39% cheaper than New York overall.

How much is rent in Markham vs New York?

A one-bedroom in the city centre averages $2,200 CAD per month in Markham and $3,900 USD in New York. Outside the centre, it is $1,900 CAD in Markham and $3,100 USD in New York.

What salary do I need to move from Markham to New York?

On average, you need about 165% of your current salary — for example, $60,000 in Markham is roughly equivalent to $98,812 in New York.

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