Moving north of the border might not bring down your cost of living, according to a new ranking of expensive cities in the U.S. and Canada from insurance provider PolicyAdvisor.
than New York, but isn't among the country's 10 most populous cities.)
The second-most expensive city on the list is Mississauga, a Toronto suburb where a monthly public transportation pass costs $111. Its average rent prices are less than half of New York's — just $1,626.77 per month — but its average monthly net salary is the fourth-lowest on the list. In a statement, a PolicyAdvisor spokesperson said the ranking"contains some surprising results," noting that most people might expect a suburb like Mississauga – with a population of– to be more affordable than a larger city like Los Angeles, which has roughly 3.9 million people."Even though some major cities in North America might be perceived as having lower living costs, when factoring in the average salary in the area, it's not as clear cut.
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