Numbeo

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

You would need around 6,622.03$ (7,257.75C$) in New York, NY to maintain the same standard of life that you can have with 5,000.00C$ 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 15.03% higher than in Toronto
Consumer Prices Including Rent in New York, NY are 45.16% higher than in Toronto
Rent Prices in New York, NY are 101.31% higher than in Toronto
Restaurant Prices in New York, NY are 31.41% higher than in Toronto
Groceries Prices in New York, NY are 12.40% higher than in Toronto
Local Purchasing Power in New York, NY is 4.12% 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$     16.44 C$      +37.00 %
Meal for 2, Mid-range Restaurant, Three-course 60.00 C$     82.20 C$      +37.00 %
Combo Meal at McDonalds or Similar 8.29 C$     8.77 C$      +5.77 %
Domestic Beer (0.5 liter draught) 5.50 C$     6.58 C$      +19.56 %
Imported Beer (0.33 liter bottle) 6.00 C$     7.67 C$      +27.87 %
Cappuccino (regular) 3.50 C$     4.39 C$      +25.29 %
Coke/Pepsi (0.33 liter bottle) 1.74 C$     2.07 C$      +18.93 %
Water (0.33 liter bottle) 1.52 C$     1.86 C$      +22.01 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 2.01 C$     1.55 C$      -23.11 %
Loaf of Fresh White Bread (500g) 2.75 C$     3.00 C$      +9.17 %
Rice (white), (1kg) 2.88 C$     3.29 C$      +14.38 %
Eggs (12) 3.26 C$     3.44 C$      +5.31 %
Local Cheese (1kg) 11.00 C$     11.93 C$      +8.43 %
Chicken Breasts (Boneless, Skinless), (1kg) 11.88 C$     9.56 C$      -19.51 %
Apples (1kg) 3.17 C$     4.75 C$      +49.82 %
Oranges (1kg) 3.16 C$     4.62 C$      +46.03 %
Tomato (1kg) 3.21 C$     4.98 C$      +55.12 %
Potato (1kg) 1.97 C$     2.30 C$      +16.65 %
Lettuce (1 head) 1.73 C$     2.59 C$      +49.68 %
Water (1.5 liter bottle) 1.87 C$     2.11 C$      +12.67 %
Bottle of Wine (Mid-Range) 14.92 C$     16.44 C$      +10.15 %
Domestic Beer (0.5 liter bottle) 2.65 C$     1.98 C$      -25.18 %
Imported Beer (0.33 liter bottle) 2.95 C$     2.81 C$      -4.86 %
Pack of Cigarettes (Marlboro) 10.00 C$     13.15 C$      +31.52 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 3.00 C$     2.74 C$      -8.67 %
Monthly Pass (Regular Price) 128.50 C$     122.75 C$      -4.47 %
Taxi Start (Normal Tariff) 4.25 C$     2.74 C$      -35.53 %
Taxi 1km (Normal Tariff) 1.77 C$     1.40 C$      -20.55 %
Taxi 1hour Waiting (Normal Tariff) 30.00 C$     32.88 C$      +9.60 %
Gasoline (1 liter) 1.34 C$     1.16 C$      -13.57 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,000.00 C$     25,208.00 C$      +9.60 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 164.49 C$     166.21 C$      +1.05 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.23 C$     0.19 C$      -18.42 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 49.06 C$     54.71 C$      +11.51 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 55.70 C$     104.83 C$      +88.20 %
Tennis Court Rent (1 Hour on Weekend) 26.71 C$     34.65 C$      +29.72 %
Cinema, International Release, 1 Seat 13.00 C$     15.34 C$      +18.03 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 61.74 C$     63.18 C$      +2.33 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.60 C$     57.31 C$      +37.74 %
1 Pair of Nike Shoes 105.03 C$     95.73 C$      -8.85 %
1 Pair of Men Leather Shoes 121.00 C$     138.18 C$      +14.20 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,473.41 C$     3,136.80 C$      +112.89 %
Apartment (1 bedroom) Outside of Centre 1,042.91 C$     1,898.21 C$      +82.01 %
Apartment (3 bedrooms) in City Centre 2,646.67 C$     5,475.01 C$      +106.86 %
Apartment (3 bedrooms) Outside of Centre 1,863.95 C$     3,636.10 C$      +95.07 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 6,296.24 C$     10,731.68 C$      +70.45 %
Price per Square Meter to Buy Apartment Outside of Centre 5,517.37 C$     5,609.55 C$      +1.67 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,388.28 C$     4,715.69 C$      +39.18 %
Mortgage Interest Rate in Percentages (%), Yearly 3.33     3.90      +16.97 %
 
Last updateSeptember, 2014September, 2014
Contributors (past 18 months)616473
Currency: CAD