Community Alumni
Feb 19, 2017We live in Canada but close to the US border. We are currently in South Carolina and in the summer months we cross back and forth a couple times a week to/from our upstate NY campsite.
What we have been finding is that other than fuel, most things are very comparable. In fact this winter down south there were several purchases that we put off until we get home because after the exchange rate was considered, some things were cheaper in a Canada.
An example was a television sound bar at Best Buy in Myrtle Beach was $40 cheaper on the sticker price than at home. However once the dollar exchange was considered, it would cost me about $30 more to buy in the US.
We eat out a lot, and found restaurants on par. Many grocery items are tagged with comparable pricing but once you add 30-35 percent on exchange, things are more expensive for our Canadian dollars.
I guess in the end everything sort of evens out and our lifestyles and purchasing power will yield about the same value.
The advantage is often to our US visitors who are spending US dollars in Canada overall the past couple of years.