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A new global survey rates Toronto and Vancouver as among the most expensive cities in North America for expatriates locating there. The new Mercer cost of living survey places Toronto at No. 61 and Vancouver at No. 63 among 214 world cities assessed in cost of living for expatriates.
Only New York at No. 33 is more expensive in North America. But North America remains relatively cheap by world standards, beaten by cities in Japan, Asia, Europe, Russia, South America, Australia and Africa.
Other Canadian cities to make the list were Montreal at 87, Calgary at 92 and Ottawa, the least expensive of the group, at 115. The survey, conducted annually, measures the comparative costs of over 200 items, including housing, transport, food, clothing, household goods and entertainment.
Ilan Joseph is a Real Estate Broker with Sutton Group and is co-founder of a 10-person award-winning team Toronto real estate team. You can find him on Twitter and Google+. Over the past 10 years, Ilan has provided more than 1300 buyers and sellers valued advice and service to enable them to reach their real estate goals. He’s kind of like the Bruce Willis of real estate.