Cost of living in Niagara Falls
Niagara Falls, a renowned city in Canada, is famous for its breathtaking waterfalls and vibrant tourism industry. Understanding the cost of living in this city is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of expenses in Niagara Falls, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17.88 on average, with a range between $10.01 and $35.75.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $70.79, with prices ranging from $57.21 to $75.08.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.73, with a range between $7.87 and $14.3.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.86 to $6.97, imported beer $3.58 to $7.87, cappuccino $1.2 to $5.01, and Coke/Pepsi $0.86 to $2.86.
Grocery Prices
- Milk - Milk is priced between $0.93 and $3.58 per liter, averaging $2.05.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.72 and $3.43, with an average price of $2.59.
- Eggs (Dozen) - A dozen eggs range from $2.15 to $4.29, averaging $3.4.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.07 to $7.09 per kg, while oranges range from $1.43 to $3.35 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $2.86 per kg, and lettuce costs $1.42 to $2.72 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.25 and $2.15.
- Monthly Pass - A monthly public transport pass averages $61.28.
- Fuel (Gasoline) - Gasoline is priced between $1 and $1.14 per liter.
- Taxi Fares - Taxi fares start at $2.82, with a cost of $1.25 per km and $21.45 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $643.58 to $1144.14, averaging $929.61.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1072.63.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1351.52 to $1716.21, averaging $1533.86.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1716.21 to $1787.72, averaging $1740.05.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $143.02 and $257.43, averaging $160.89.
- Internet - Internet services range from $42.91 to $89.39, with an average cost of $55.06.
Cost of Living Rankings
The cost of living indices for Canada are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Canada, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Niagara Falls offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs vary significantly depending on location, with city centre apartments being more expensive.
Transportation is relatively affordable, with low costs for public transport and gasoline.
Utilities and internet services are reasonably priced, contributing to a balanced monthly budget.
Conclusion
In conclusion, Niagara Falls presents a balanced cost of living, making it an attractive option for both residents and newcomers.
While housing in the city centre can be pricey, the overall expenses for dining, transportation, and utilities remain manageable.
Prospective residents should consider their lifestyle preferences and budget to make the most of living in this vibrant city.