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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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