Hamilton vs Surrey: comparing the cost of living and prices

You have finally decided to relocate. Before making significant decisions or beginning the moving process, you must become familiar with the Hamilton vs Surrey cost of living. The economic environments of the two cities—one in British Columbia and the other in Ontario—are distinct. Compared to Surrey, Hamilton usually offers more reasonable daily prices and housing. Because Surrey is so close to Vancouver, living expenses are frequently higher. Understanding how much different housing, groceries, transportation, and other requirements will cost will have a big influence on your relocation budget. Knowing these costs before you move with movers Canada helps prepare for financial adjustments. It ensures there won’t be unexpected expenses. Before taking any steps to move, learn about living costs in Hamilton vs Surrey.

Housing costs: Hamilton vs Surrey

The average monthly rent for a one-bedroom apartment in Surrey is around $2,080. In Hamilton, it is approximately $1,895. A detached house in Hamilton typically costs about $800,000 if you want to purchase it. But in Surrey, it’s closer to $1.2M. Regarding property taxes, the average yearly bill in Hamilton is about $4,500. Also, the average annual tax charge in Surrey is about $3,800. In Hamilton, the average monthly utility expenditures for a 915-square-foot apartment are approximately $150. In Surrey, they are approximately $140. Both cities have various housing options, including detached homes, apartments, and condos. If you’re considering a move, choose the best relocation services Canada residents opt for and get valuable assistance. Whether you’re eyeing the steel city of Hamilton or the charming city of Surrey, understanding the housing landscape will help you decide much easier on your relocation.

When comparing Hamilton vs Surrey, hire a real estate agent to show you all the housing options in both cities

Transportation expenses

When comparing transportation costs in Hamilton and Surrey, public transportation is affordable in both locations. In Hamilton, a monthly pass for public transit costs about $100, whereas in Surrey, it’s about $95. If you would rather drive, normal gasoline costs about $1.10 per liter in Hamilton and about $1.15 in Surrey. Regarding auto ownership, the typical yearly insurance premium for a mid-sized sedan in Hamilton is $1,500. Also, in Surrey, it is roughly $1,400.

Additionally, routine car maintenance costs are comparable between the two cities. Regarding public transit efficiency, both cities offer extensive networks covering most areas. If you are moving to Hamilton, moving companies Hamilton residents trust can assist with relocating your vehicle or managing other logistics. The reach of Surrey’s transit system covers more suburban areas. So it is easier to commute from various neighborhoods.

Grocery and food prices: Hamilton vs Surrey

Prices for groceries and meals may vary between Hamilton and Surrey. A gallon of milk costs roughly $4.50 in Surrey and $4.50 in Hamilton. While a loaf of bread costs $2.80 on average in Hamilton, it costs closer to $2.50 in Surrey. Dining out costs vary as well. A mid-range restaurant lunch for two in Hamilton would run you about $70. In Surrey, it will cost you about $65. The expense of eating out can quickly mount up for families. On the lighter side, Surrey is well-known for its “Naan-Wraps” from food trucks. And Hamilton’s youthful population adores the “Garlic Knots” from neighborhood pizzerias. In addition, children and young people in Hamilton might enjoy the city’s famous Pierogi, a delightful Eastern European treat that locals rave about. Both cities offer fantastic food experiences. Exploring these culinary delights can add a flavorful touch to your experience in either city.

Healthcare costs are highly important

The availability and cost of healthcare are critical factors to consider when choosing a place to live. This is especially important for young families and senior persons. If you are considering a move, working with moving companies Surrey BC locals rely on could simplify the transition to whichever city you choose for relocation. Let’s examine the medical expenses in Surrey and Hamilton. A family of four pays about $1,000 in monthly insurance premiums in Hamilton. But in Surrey, it costs about $850. In Hamilton, the average monthly cost of prescription drugs is $300, whereas in Surrey, it is often $250. Compared to Surrey, where the average out-of-pocket cost for medical appointments and treatments is $150, Hamilton has visits that can cost up to $200. Finally we can say that Surrey appears to provide more reasonably priced healthcare services for its citizens.

Getting to know healthcare costs in either city is vital, especially if you are relocating with small children.

Utilities in Hamilton vs Surrey

The average cost of utilities in Hamilton and Surrey differs noticeably. You should budget about $150 for electricity, $60 for water, and $80 for natural gas per month in Hamilton. The average cost of electricity is $170, the average cost of water is $70, and the average cost of natural gas is $90 in Surrey. Nevertheless, Hamilton often has lower utility costs because of its older infrastructure and comparatively lower energy consumption. Surrey’s higher costs reflect its newer developments and higher demand for utilities. The gap in prices can impact your monthly budget significantly. For instance, the difference in electricity costs alone could add up to $240 annually. As a result, it’s crucial to account for these utility expenses in your calculations. Whether you’re considering moving or merely comparing locations, these specifics may impact your total cost of living.

Both Hamilton and Surrey save similar monthly prices for visiting the gym

Prices of services

When evaluating the costs of services in Hamilton and Surrey, it’s critical to consider your daily expenses. In Hamilton, the average monthly cost of a gym membership is about $50. It’s a little less in Surrey, at about $45 per month. Additionally, dining out at a mid-range restaurant for two people in Hamilton, such as the popular dining The Mule, can set you back around $70, whereas in Surrey, it averages at about $65. Regarding childcare, one child’s monthly average cost in Hamilton is approximately $1,200, whereas in Surrey, it is a little less at $1,100. Though they might not seem like much, these variations in service costs can greatly impact your monthly spending plan.

What is a better option for you?

Considering the cost of living and prices in Hamilton vs Surrey, it’s clear that both cities offer unique advantages and considerations. While Hamilton may excel in certain areas, Surrey presents its compelling case. The final consideration when deciding where to reside should be the unique requirements and way of life of each person or family. It is important to consider other factors, such as employment opportunities and nearby amenities, as well. Also, think about the more practical aspects of day-to-day living, such as medical costs, power bills, and service fees. After carefully weighing these variables, you can decide on a course that will satisfy your priorities and budget. Finding out the cost of living in Surrey and Hamilton is essential for planning your move, whether you prefer Surrey’s refined style or Hamilton’s lively atmosphere.