Cost of Living in Canada vs. the USA (2023): Which is Higher?

Regardless of which side of the border you live on, comparing the United States and Canada is sort of a national pastime.Both countries boast massive land areas, well-developed economies, and high standards of living. The US and Canada also have a long and storied history of allyship as well as many similar cultural characteristics — even if many Canadians would opt for a hockey stick rather than their American counterparts’ baseball bats.However, if there’s one age-old debate that’s never been settled, it's this: Is it more expensive to live in Canada or the US?The answer? On average, it’s more expensive to live in the US than to live in Canada. But median incomes are higher in the US than up North and the cost of living varies widely between different regions of each country— there’s a lot more to this cost of living debate than you might think.In this article, we’ll take a closer look at the cost of living in both the US and Canada. We’ll compare recent data about consumer prices, h...