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Cost of Living Comparison Between Toronto and New York, NY Reverse

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You would need around 6,774.34$ (7,596.06C$) in New York, NY to maintain the same standard of life that you can have with 5,000.00C$ in Toronto (assuming you rent in both cities). This calculation uses our Consumer Prices Including Rent Index.

Indices DifferenceInfo
Consumer Prices in New York, NY are 19.75% higher than in Toronto
Consumer Prices Including Rent in New York, NY are 51.92% higher than in Toronto
Rent Prices in New York, NY are 111.61% higher than in Toronto
Restaurant Prices in New York, NY are 34.16% higher than in Toronto
Groceries Prices in New York, NY are 18.84% higher than in Toronto
Local Purchasing Power in New York, NY is 5.77% lower than in Toronto

Currency: Default Currency      Switch to imperial measurement units
  Toronto  New York, NY      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 12.00 C$     16.82 C$      +40.16 %
Meal for 2, Mid-range Restaurant, Three-course 60.00 C$     84.10 C$      +40.16 %
Combo Meal at McDonalds or Similar 8.14 C$     8.97 C$      +10.13 %
Domestic Beer (0.5 liter draught) 5.99 C$     6.73 C$      +12.32 %
Imported Beer (0.33 liter bottle) 6.00 C$     7.85 C$      +30.82 %
Cappuccino (regular) 3.50 C$     4.51 C$      +28.71 %
Coke/Pepsi (0.33 liter bottle) 1.74 C$     2.11 C$      +21.17 %
Water (0.33 liter bottle) 1.50 C$     1.89 C$      +26.38 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.97 C$     1.60 C$      -18.82 %
Loaf of Fresh White Bread (500g) 2.73 C$     3.09 C$      +12.96 %
Rice (white), (1kg) 2.84 C$     3.37 C$      +18.30 %
Eggs (12) 3.28 C$     3.55 C$      +8.10 %
Local Cheese (1kg) 11.00 C$     12.02 C$      +9.30 %
Chicken Breasts (Boneless, Skinless), (1kg) 11.55 C$     10.42 C$      -9.77 %
Apples (1kg) 3.20 C$     5.15 C$      +61.12 %
Oranges (1kg) 3.16 C$     4.95 C$      +56.45 %
Tomato (1kg) 3.21 C$     5.20 C$      +62.34 %
Potato (1kg) 1.98 C$     2.44 C$      +23.37 %
Lettuce (1 head) 1.68 C$     2.62 C$      +55.89 %
Water (1.5 liter bottle) 1.84 C$     2.14 C$      +16.46 %
Bottle of Wine (Mid-Range) 14.90 C$     16.82 C$      +12.88 %
Domestic Beer (0.5 liter bottle) 2.61 C$     2.06 C$      -21.19 %
Imported Beer (0.33 liter bottle) 2.91 C$     2.79 C$      -4.30 %
Pack of Cigarettes (Marlboro) 10.00 C$     13.46 C$      +34.56 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 3.00 C$     2.80 C$      -6.56 %
Monthly Pass (Regular Price) 130.00 C$     125.59 C$      -3.40 %
Taxi Start (Normal Tariff) 4.25 C$     2.80 C$      -34.04 %
Taxi 1km (Normal Tariff) 1.78 C$     1.41 C$      -20.56 %
Taxi 1hour Waiting (Normal Tariff) 30.00 C$     33.64 C$      +12.13 %
Gasoline (1 liter) 1.34 C$     1.18 C$      -11.48 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,000.00 C$     25,789.90 C$      +12.13 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 168.13 C$     172.53 C$      +2.62 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.25 C$     0.20 C$      -22.65 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 49.73 C$     56.83 C$      +14.28 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 54.55 C$     111.22 C$      +103.90 %
Tennis Court Rent (1 Hour on Weekend) 23.14 C$     35.45 C$      +53.19 %
Cinema, International Release, 1 Seat 13.00 C$     15.70 C$      +20.76 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 62.17 C$     63.78 C$      +2.59 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.86 C$     57.26 C$      +40.14 %
1 Pair of Nike Shoes 105.03 C$     100.49 C$      -4.32 %
1 Pair of Men Leather Shoes 119.77 C$     138.01 C$      +15.23 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,467.86 C$     3,274.53 C$      +123.08 %
Apartment (1 bedroom) Outside of Centre 1,047.55 C$     2,000.09 C$      +90.93 %
Apartment (3 bedrooms) in City Centre 2,643.18 C$     5,801.94 C$      +119.51 %
Apartment (3 bedrooms) Outside of Centre 1,873.81 C$     3,803.67 C$      +102.99 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 6,271.53 C$     10,979.41 C$      +75.07 %
Price per Square Meter to Buy Apartment Outside of Centre 5,443.46 C$     5,739.04 C$      +5.43 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,368.38 C$     4,822.12 C$      +43.16 %
Mortgage Interest Rate in Percentages (%), Yearly 3.33     3.93      +18.19 %
 
Last updateOctober, 2014October, 2014
Contributors (past 18 months)615489
Currency: CAD