A comparison from the apartment rental service Rentseeker shows just how much it costs to rent an apartment in the United States, compared to Canada the apartment rental service has released a new infographic and results may have renters laying off the criticism of their landlords.
shows the average cost of a rental in Canadian cities, compared with American ones. All figures are in the countries' respective currencies, at an exchange rate of C$1.32 vs. US$1.
Highlights include the fact that a one-bedroom that costs C$1085 in Toronto will cost nearly three times that in New York (US$3442). The gap between a one-bedroom in Montreal (C$660) with one in Los Angeles (US$2037) was similarly large.
Other comparisons of one-bedroom prices included:
Hamilton C$810 – San Jose US$2112
Vancouver C$1062– San Diego US$1571
Calgary C$1137 – Chicago US$1350
Ottawa C$941 – Houston US$1010
Edmonton C$1004– Philadelphia US$1144
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Toronto landlords may have just been vindicated of charges that they’ve jacked up rents beyond what any market can bear.