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

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You would need around 6,718.11$ (8,354.64C$) in New York, NY to maintain the same standard of life that you can have with 5,000.00C$ 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 28.94% higher than in Toronto
Consumer Prices Including Rent in New York, NY are 67.09% higher than in Toronto
Rent Prices in New York, NY are 138.22% higher than in Toronto
Restaurant Prices in New York, NY are 35.28% higher than in Toronto
Groceries Prices in New York, NY are 33.99% higher than in Toronto
Local Purchasing Power in New York, NY is 10.27% lower than in Toronto

Currency: Default Currency      Switch to US measurement units
  Toronto  New York, NY      Difference
Restaurants [Edit] [Edit]
Meal, Inexpensive Restaurant 12.50 C$     18.65 C$      +49.23 %
Meal for 2, Mid-range Restaurant, Three-course 70.00 C$     93.27 C$      +33.24 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.29 C$     9.95 C$      +20.01 %
Domestic Beer (0.5 liter draught) 6.00 C$     6.22 C$      +3.63 %
Imported Beer (0.33 liter bottle) 7.00 C$     8.33 C$      +19.00 %
Cappuccino (regular) 3.69 C$     5.03 C$      +36.34 %
Coke/Pepsi (0.33 liter bottle) 1.79 C$     2.32 C$      +29.65 %
Water (0.33 liter bottle) 1.63 C$     2.19 C$      +33.85 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 1.84 C$     1.77 C$      -4.02 %
Loaf of Fresh White Bread (500g) 2.56 C$     3.23 C$      +26.00 %
Rice (white), (1kg) 2.94 C$     3.64 C$      +23.83 %
Eggs (12) 3.15 C$     3.97 C$      +26.06 %
Local Cheese (1kg) 11.78 C$     15.61 C$      +32.54 %
Chicken Breasts (Boneless, Skinless), (1kg) 11.26 C$     12.46 C$      +10.64 %
Apples (1kg) 3.33 C$     5.25 C$      +57.58 %
Oranges (1kg) 3.46 C$     5.83 C$      +68.38 %
Tomato (1kg) 3.31 C$     5.38 C$      +62.30 %
Potato (1kg) 2.08 C$     2.99 C$      +43.64 %
Lettuce (1 head) 1.62 C$     2.51 C$      +54.75 %
Water (1.5 liter bottle) 1.81 C$     2.53 C$      +40.27 %
Bottle of Wine (Mid-Range) 14.95 C$     18.65 C$      +24.78 %
Domestic Beer (0.5 liter bottle) 2.51 C$     2.14 C$      -14.70 %
Imported Beer (0.33 liter bottle) 2.73 C$     3.17 C$      +16.09 %
Pack of Cigarettes (Marlboro) 11.00 C$     14.92 C$      +35.67 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 3.00 C$     3.11 C$      +3.63 %
Monthly Pass (Regular Price) 133.75 C$     139.28 C$      +4.14 %
Taxi Start (Normal Tariff) 4.25 C$     3.11 C$      -26.85 %
Taxi 1km (Normal Tariff) 1.75 C$     1.59 C$      -9.08 %
Taxi 1hour Waiting (Normal Tariff) 30.00 C$     39.17 C$      +30.58 %
Gasoline (1 liter) 1.33 C$     1.20 C$      -9.80 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,000.00 C$     28,602.80 C$      +24.36 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 182.99 C$     143.30 C$      -21.69 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.26 C$     0.21 C$      -19.88 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 48.92 C$     64.76 C$      +32.37 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 54.00 C$     108.65 C$      +101.20 %
Tennis Court Rent (1 Hour on Weekend) 25.71 C$     49.65 C$      +93.09 %
Cinema, International Release, 1 Seat 13.00 C$     17.41 C$      +33.93 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 67.22 C$     74.14 C$      +10.29 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.38 C$     67.51 C$      +71.45 %
1 Pair of Nike Shoes 102.74 C$     118.97 C$      +15.80 %
1 Pair of Men Leather Shoes 117.40 C$     177.62 C$      +51.29 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,451.93 C$     3,486.53 C$      +140.13 %
Apartment (1 bedroom) Outside of Centre 1,105.09 C$     2,198.82 C$      +98.97 %
Apartment (3 bedrooms) in City Centre 2,654.00 C$     7,127.94 C$      +168.57 %
Apartment (3 bedrooms) Outside of Centre 1,830.43 C$     3,960.86 C$      +116.39 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 6,683.02 C$     12,176.93 C$      +82.21 %
Price per Square Meter to Buy Apartment Outside of Centre 6,168.16 C$     6,834.84 C$      +10.81 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,371.22 C$     5,054.52 C$      +49.93 %
Mortgage Interest Rate in Percentages (%), Yearly 3.25     3.98      +22.75 %
 
Last updateJanuary, 2015January, 2015
Contributors:403320
Data from past:18 months18 months
Currency: CAD