Cost of living and prices in Markham, prices of food, rent, shopping, etc. 🇨🇦
Updated Jul 2023

Markham is a bustling city located in Canada's Northern America region. This beautiful city has a population of over 261,573 people and is situated at an elevation of 168 meters above sea level. Its geographic coordinates are 43.85610 latitude and -79.33702 longitude.

As an integral part of the Greater Toronto Area, Markham is a cosmopolitan city with a dynamic mix of cultures, traditions, and languages. It offers an excellent quality of life with a wide range of amenities, including world-class education, healthcare, and recreational facilities. With a strong job market and a low crime rate, Markham is an ideal place to live, work, and raise a family.

Markham's cost of living is relatively high compared to other cities in Canada. Housing costs are a significant contributor to the high cost of living in Markham. However, the city's high income levels and availability of employment opportunities help residents to maintain a decent standard of living. Overall, Markham offers an excellent quality of life, great job opportunities, and a welcoming community that makes it a great place to call home.

Cost of Living Estimate in Markham

Total cost of living in Markham for two person with average consumption for one month will be 1340.42 USD, no rent price included. Click here to calculate cost-of-living estimate in Markham

You can calculate cost of living in Markham by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you're looking for a diverse range of dining options, Markham is the place to be. With a multicultural population, you'll find cuisines from across the globe, including Chinese, Indian, Italian, Japanese, Mexican, and more. Many restaurants offer authentic dishes that will transport your taste buds to different parts of the world. Whether you're looking for a fine-dining experience or a casual meal, there are plenty of options to choose from that will accommodate different tastes and budgets.

Markham is also known for its bustling food scene, with many food festivals and events throughout the year. If you're in town during one of these events, it's a great opportunity to try different dishes from local restaurants and food vendors. Some popular events include the Taste of Asia festival, the Night It Up! festival, and the Markham Ribfest. These festivals not only offer great food but also a chance to experience the vibrant community spirit of Markham.

Meal in Inexpensive Restaurant
13.73 $
Meal for 2 People, Mid-range Restaurant, Three-course
54.94 $
McMeal at McDonalds or Alternative Combo Meal
9.42 $
Domestic Beer, 0.5 liter Draught
4.71 $
Imported Beer, 0.33 liter Bottle
5.49 $
Cappuccino
2.97 $
Coca-Cola, 0.33 liter Bottle
1.92 $

Markets prices

Markham, Canada is well-known for its thriving economy and high quality of life. The city's real estate market is no exception, with prices that are on par with other major cities in the country. The market is competitive, and buyers and sellers need to stay informed in order to make the best decisions.

One of the reasons Markham continues to attract buyers and investors is its diverse housing options. From single-family homes to condominiums, townhouses, and apartments, there is something for everyone in this city. While prices can fluctuate depending on the type and location of the property, Markham's housing market remains strong and shows no signs of slowing down any time soon.

Water, 0.33 liter Bottle
1.57 $
Milk, Regular,1 liter
1.78 $
Loaf of Fresh White Bread, 0.5 kg
1.79 $
White Rice, 1 kg
1.61 $
Eggs, 12 pack
2.23 $
Local Cheese, 1 kg
5.01 $
Chicken Breasts, Boneless and Skinless, 1 kg
11.34 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
11.11 $
Apples, 1 kg
1.94 $
Banana, 1 kg
1.24 $
Oranges, 1 kg
1.95 $
Tomato, 1 kg
2.53 $
Potato, 1 kg
1.16 $
Onion, 1 kg
1.61 $
Lettuce, 1 head
1.21 $
Water, 1.5 liter Bottle
0.98 $
Bottle of Wine, Mid-Range Price
11.77 $
Domestic Beer, 0.5 liter Bottle
2.14 $
Imported Beer, 0.33 liter Bottle
2.38 $
Pack of Cigarettes
12.17 $

Transportation prices

If you're looking for a convenient and eco-friendly way to get around Markham, consider taking advantage of the city's extensive network of bike paths and lanes. Renting a bike is a great option for visitors who want to explore Markham's scenic parks and cultural attractions at their own pace. Alternatively, you can use the MiWay public transit system to navigate around the city. MiWay offers fast and reliable service to many of Markham's top destinations. Whether you're traveling alone or with a group, you can easily get around using a combination of buses and trains.

For travelers who want to explore Markham's neighboring cities and attractions, car rentals are readily available throughout the city. Many rental companies offer a broad range of vehicle options, from compact cars to luxury SUVs. If you're looking for a more personalized experience, consider booking a taxi or ride-sharing service. Many locals prefer ride-sharing over taxis, as it offers more flexibility and often has lower prices. Whatever your transportation needs are in Markham, be sure to plan ahead to ensure a smooth and stress-free experience.

One-way Ticket, Local Transport
3.14 $
Monthly Pass, Regular Price
119.30 $
Taxi Start, Normal Tariff
3.34 $
Taxi, price for 1 km, Normal Tariff
1.73 $
Taxi, price for 1 hour Waiting, Normal Tariff
20.41 $
Gasoline, 1 liter
0.86 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
19,621.00 $

Utilities Per Month prices

If you're planning to visit Markham, Canada, it's important to keep in mind that the city's utilities costs can be higher than other areas in the country. This is partly due to Markham's location in Ontario, where electricity rates are generally higher than in other provinces. However, despite these higher costs, many households in Markham prioritize energy efficiency measures, such as insulation and home automation systems, to reduce their overall utilities bills.

Another factor that contributes to Markham's utilities costs is its growing population and thriving business community. As more people move to the area and more businesses open up, the demand for electricity, gas, and water increases, which can drive up prices. To offset these costs, Markham has implemented several sustainability initiatives, such as the Greenprint program, which encourages residents and businesses to reduce their energy consumption and waste. By implementing these programs and supporting sustainable practices, Markham is working to balance the needs of its residents and businesses with the need to reduce carbon emissions and protect the environment.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
106.49 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.30 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
53.31 $

Sports And Leisure prices

Sports and leisure in Markham, Canada offers visitors a wide range of activities that cater to all interests and age groups. The city has a diverse blend of modern and traditional sports facilities that include ice arenas, pools, soccer pitches, basketball courts, and tennis courts. There are also plenty of well-maintained parks that offer visitors ample opportunities to enjoy outdoor activities such as biking, hiking, and picnicking.

One of the highlights of sports and leisure in Markham is the variety of indoor recreational facilities that offer a great escape from the cold Canadian winters. Visitors can enjoy the largest indoor playground in North America, indoor mini-golf, and an indoor trampoline park. For those interested in more traditional leisure activities, there are plenty of cultural attractions that celebrate Markham's rich history and diverse community. Visitors can explore the historic Main Street area, which is lined with unique shops and restaurants. Overall, sports and leisure in Markham offers something for everyone, making it a perfect destination for families and individuals alike.

Fitness Club, Monthly Fee for 1 Adult
37.93 $
Tennis Court Rent, 1 Hour on Weekend
7.85 $

Salaries And Financing prices

Salaries in Markham, Canada are generally higher than the national average and reflect the highly skilled workforce in the area. With a thriving tech industry and numerous large corporations, job opportunities in Markham are plentiful. The cost of living is also relatively high, so salaries reflect the increased expenses of living in the area. Visitors to Markham can expect to find a variety of employment opportunities and a relatively high standard of living.

Financing in Markham is also robust, with plenty of banks and financial institutions available to serve the needs of residents and businesses. The city is home to numerous large banks and financial companies, making it a hub for financial services in the region. Those traveling to Markham for business purposes can take advantage of the many financing options available and take comfort in the strong financial infrastructure of the city. Whether residents are looking to obtain a loan, invest in a company, or manage their finances, the resources available in Markham are sure to meet their needs.

Cinema ticket, 1 Seat
10.99 $
Average Monthly Net Salary, After Tax
3,392.47 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
3.87 %

Childcare prices

Childcare prices in Markham, Canada vary depending on several factors such as location, type of childcare facility, and services offered. Schools and Kindergartens in Markham offer different packages with varying prices, which appeal to different parents. Nevertheless, it is essential to note that childcare prices in Markham, Canada tend to be higher than most Canadian cities.

In Markham, the cost of childcare for Kindergartens and schools range from affordable to extremely expensive. Some Kindergartens may require parents to pay additional fees for lunch meals, textbooks, and extra-curricular activities, while other schools may offer all-inclusive packages covering everything from meals to tuition. Overall, the majority of Kindergartens and schools in Markham offer quality childcare services, but prices may be higher for better facilities and services.

Private Preschool or Kindergarten, Monthly for 1 Child
913.36 $
International Primary School, Yearly for 1 Child
10,987.76 $

Clothing And Shoes prices

If you are on a budget and looking for affordable clothing and shoes, you're in luck in Markham, Canada. There are plenty of places to browse and shop while keeping your wallet in mind. You can find a variety of stores in shopping malls and plazas that offer trendy and fashionable clothing at affordable prices. From casual wear to formal attire, there are options to suit all styles, tastes, and budgets.

If you're looking to splurge on high-end designer clothing and shoes, Markham has plenty of upscale retailers. You can find clothing and shoe stores offering an extensive range of designer brands from all around the world. The quality is impeccable with a vast selection of fashionable clothing and footwear to choose from. Don't forget to check out some of the boutique stores scattered around Markham, as they may have unique items not found elsewhere.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
41.68 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
31.39 $
Pair of Running Shoes, Mid-Range Price
87.97 $
Pair of Leather Business Shoes
92.71 $

Rent Per Month prices

Markham, Canada is a thriving city that attracts tourists and business travelers alike. For those looking for short-term stay options, there are plenty of choices available such as serviced apartments, hotels, and rental homes. These accommodations come equipped with all the necessary amenities and offer a comfortable stay. Depending on your budget and requirements, there are a variety of options to choose from. Whether you're visiting for a few days or several weeks, Markham has got you covered with a range of short-term stay options.

The cost of short-term accommodation largely depends on the type of property you choose and the location. Hotels in the city center tend to be more expensive, but they offer easy access to all the local attractions and amenities. On the other hand, rental homes or serviced apartments in outlying areas can offer a more budget-friendly option for those looking to save money. With plenty of choices to choose from, you can easily find a stay option that suits your budget and preferences. Overall, Markham has a good mix of affordable and luxury stay options for short-term visitors.

One bedroom apartment in city centre
1,469.39 $
One bedroom apartment outside of city centre
1,231.22 $
Three bedroom apartment in city centre
2,138.69 $
Three bedroom apartment outside of city centre
1,821.95 $

Buy Apartment prices

Markham, a bustling city located in the Greater Toronto Area, offers a variety of real estate buying options to suit any lifestyle. Whether you're looking for a spacious house with a big backyard, a modern townhouse in a bustling community, or a luxurious condo that offers maintenance-free living, Markham has something for everyone. The city's diverse real estate market also includes various types of homes that fit different budgets, from affordable starter homes to premium properties that boast exceptional amenities and finishes.

Despite the competitive nature of the real estate market in Markham, prices can vary drastically depending on several factors, such as location, square footage, and amenities. For instance, homes located in bustling neighborhoods near public transit, schools, shopping, and entertainment centers tend to be more expensive than those in quieter areas. Additionally, homes that offer special features like updated kitchens, spacious living areas, and modern finishes usually command higher prices compared to homes with basic features and standard finishes.

Price per m2 to Buy Apartment in City Center
6,306.89 $
Price per m2 to Buy Apartment Outside of City Center
3,021.63 $