It's not really that accurate to compare costs across markets like this. There are too many variables. Something like the Big Mac index is a good way to reveal

It's not really that accurate to compare costs across markets like this. There are too many variables. Something like the Big Mac index is a good way to reveal this: https://fxssi.com/big-mac-index https://fxssi.com/big-mac-index Canada is ~10% more than the Euro area.