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

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You would need around 6,759.25$ (7,598.07C$) in New York, NY to maintain the same standard of life that you can have with 5,000.00C$ 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 19.78% higher than in Toronto
Consumer Prices Including Rent in New York, NY are 51.96% higher than in Toronto
Rent Prices in New York, NY are 111.67% higher than in Toronto
Restaurant Prices in New York, NY are 34.19% higher than in Toronto
Groceries Prices in New York, NY are 18.87% higher than in Toronto
Local Purchasing Power in New York, NY is 5.56% 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$     16.86 C$      +40.51 %
Meal for 2, Mid-range Restaurant, Three-course 60.00 C$     84.31 C$      +40.51 %
Combo Meal at McDonalds or Similar 8.14 C$     8.99 C$      +10.41 %
Domestic Beer (0.5 liter draught) 5.99 C$     6.74 C$      +12.60 %
Imported Beer (0.33 liter bottle) 6.00 C$     7.87 C$      +31.15 %
Cappuccino (regular) 3.50 C$     4.52 C$      +29.00 %
Coke/Pepsi (0.33 liter bottle) 1.74 C$     2.12 C$      +21.46 %
Water (0.33 liter bottle) 1.50 C$     1.90 C$      +26.68 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.97 C$     1.60 C$      -18.61 %
Loaf of Fresh White Bread (500g) 2.73 C$     3.09 C$      +13.25 %
Rice (white), (1kg) 2.84 C$     3.37 C$      +18.59 %
Eggs (12) 3.28 C$     3.56 C$      +8.37 %
Local Cheese (1kg) 11.00 C$     12.05 C$      +9.58 %
Chicken Breasts (Boneless, Skinless), (1kg) 11.55 C$     10.45 C$      -9.55 %
Apples (1kg) 3.20 C$     5.16 C$      +61.52 %
Oranges (1kg) 3.16 C$     4.96 C$      +56.84 %
Tomato (1kg) 3.21 C$     5.22 C$      +62.74 %
Potato (1kg) 1.98 C$     2.45 C$      +23.68 %
Lettuce (1 head) 1.68 C$     2.62 C$      +56.28 %
Water (1.5 liter bottle) 1.84 C$     2.15 C$      +16.75 %
Bottle of Wine (Mid-Range) 14.90 C$     16.86 C$      +13.16 %
Domestic Beer (0.5 liter bottle) 2.61 C$     2.06 C$      -20.99 %
Imported Beer (0.33 liter bottle) 2.91 C$     2.79 C$      -4.06 %
Pack of Cigarettes (Marlboro) 10.00 C$     13.49 C$      +34.89 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 3.00 C$     2.81 C$      -6.32 %
Monthly Pass (Regular Price) 130.00 C$     125.90 C$      -3.15 %
Taxi Start (Normal Tariff) 4.25 C$     2.81 C$      -33.88 %
Taxi 1km (Normal Tariff) 1.78 C$     1.42 C$      -20.36 %
Taxi 1hour Waiting (Normal Tariff) 30.00 C$     33.72 C$      +12.41 %
Gasoline (1 liter) 1.34 C$     1.19 C$      -11.26 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,000.00 C$     25,854.30 C$      +12.41 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 168.13 C$     172.96 C$      +2.87 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.25 C$     0.20 C$      -22.45 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 49.73 C$     56.97 C$      +14.56 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 54.55 C$     111.50 C$      +104.41 %
Tennis Court Rent (1 Hour on Weekend) 23.14 C$     35.54 C$      +53.57 %
Cinema, International Release, 1 Seat 13.00 C$     15.74 C$      +21.06 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 62.17 C$     63.94 C$      +2.85 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.86 C$     57.40 C$      +40.49 %
1 Pair of Nike Shoes 105.03 C$     100.74 C$      -4.09 %
1 Pair of Men Leather Shoes 119.77 C$     138.35 C$      +15.51 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,467.86 C$     3,282.70 C$      +123.64 %
Apartment (1 bedroom) Outside of Centre 1,047.56 C$     2,005.09 C$      +91.41 %
Apartment (3 bedrooms) in City Centre 2,643.18 C$     5,816.43 C$      +120.05 %
Apartment (3 bedrooms) Outside of Centre 1,873.81 C$     3,813.17 C$      +103.50 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 6,271.53 C$     11,006.83 C$      +75.50 %
Price per Square Meter to Buy Apartment Outside of Centre 5,443.46 C$     5,753.38 C$      +5.69 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,368.41 C$     4,834.17 C$      +43.51 %
Mortgage Interest Rate in Percentages (%), Yearly 3.33     3.93      +18.19 %
 
Last updateOctober, 2014October, 2014
Contributors (past 18 months)615489
Currency: CAD