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Home » Daily Life

Quality and Cost of Life in the US versus Canada

Submitted by on November 12, 2012 – 6:29 amNo Comment

Quebec City grocery storeIs it cheap­er to live in the U.S. or Canada? And which coun­try offers a bet­ter qual­i­ty of life?

A recent Investopia post, U.S. Or Canada: Which Country Is Best To Call Home?, con­sid­ered a vari­ety of fac­tors, includ­ing aver­age salaries, cost of food and oth­er dai­ly life items, health care, post-sec­ondary edu­ca­tion, and parental leave.

While the analy­sis was per­haps over­sim­pli­fied, the con­clu­sions were:

Average salaries are sim­i­lar in the two coun­tries.

General cost of liv­ing is some­what high­er in Canada. Food costs, in par­tic­u­lar, are high­er in Canada.

Cost of post-sec­ondary edu­ca­tion is much low­er in Canada.

Cost of health care is much high­er in the U.S., and health insur­ance is not uni­ver­sal­ly avail­able.

Canada has much more gen­er­ous social ser­vices, includ­ing its parental leave pol­i­cy.

The sum­ma­ry? In the long run, fam­i­lies will fare bet­ter in Canada, because of the low­er health and edu­ca­tion costs and more lib­er­al social poli­cies.

What do you think? Are there oth­er impor­tant fac­tors to con­sid­er in assess­ing cost and qual­i­ty of life?

If you’ve moved between the U.S. and Canada, please leave a com­ment and share your expe­ri­ence.

Quebec City gro­cery pho­to by LWY (flickr)

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