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

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You would need around 6,759.82$ (7,570.32C$) in New York, NY to maintain the same standard of life that you can have with 5,000.00C$ 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 19.04% higher than in Toronto
Consumer Prices Including Rent in New York, NY are 51.41% higher than in Toronto
Rent Prices in New York, NY are 111.91% higher than in Toronto
Restaurant Prices in New York, NY are 31.02% higher than in Toronto
Groceries Prices in New York, NY are 18.51% higher than in Toronto
Local Purchasing Power in New York, NY is 6.34% 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$     16.80 C$      +39.99 %
Meal for 2, Mid-range Restaurant, Three-course 64.00 C$     83.99 C$      +31.24 %
Combo Meal at McDonalds or Similar 8.14 C$     8.96 C$      +10.00 %
Domestic Beer (0.5 liter draught) 5.79 C$     6.72 C$      +15.96 %
Imported Beer (0.33 liter bottle) 6.00 C$     7.84 C$      +30.66 %
Cappuccino (regular) 3.51 C$     4.50 C$      +28.30 %
Coke/Pepsi (0.33 liter bottle) 1.74 C$     2.10 C$      +20.60 %
Water (0.33 liter bottle) 1.49 C$     1.88 C$      +26.17 %
 
Markets [Edit] [Edit]
Milk (regular), (1 liter) 2.00 C$     1.58 C$      -21.08 %
Loaf of Fresh White Bread (500g) 2.74 C$     3.08 C$      +12.56 %
Rice (white), (1kg) 2.89 C$     3.36 C$      +16.40 %
Eggs (12) 3.28 C$     3.54 C$      +7.85 %
Local Cheese (1kg) 11.00 C$     12.01 C$      +9.17 %
Chicken Breasts (Boneless, Skinless), (1kg) 11.55 C$     10.41 C$      -9.89 %
Apples (1kg) 3.20 C$     5.14 C$      +60.92 %
Oranges (1kg) 3.16 C$     4.94 C$      +56.25 %
Tomato (1kg) 3.21 C$     5.20 C$      +62.13 %
Potato (1kg) 1.98 C$     2.44 C$      +23.22 %
Lettuce (1 head) 1.68 C$     2.61 C$      +55.69 %
Water (1.5 liter bottle) 1.84 C$     2.14 C$      +16.32 %
Bottle of Wine (Mid-Range) 14.90 C$     16.80 C$      +12.74 %
Domestic Beer (0.5 liter bottle) 2.61 C$     2.05 C$      -21.28 %
Imported Beer (0.33 liter bottle) 2.91 C$     2.78 C$      -4.42 %
Pack of Cigarettes (Marlboro) 10.00 C$     13.44 C$      +34.39 %
 
Transportation [Edit] [Edit]
One-way Ticket (Local Transport) 3.00 C$     2.80 C$      -6.67 %
Monthly Pass (Regular Price) 130.00 C$     125.43 C$      -3.52 %
Taxi Start (Normal Tariff) 4.25 C$     2.80 C$      -34.12 %
Taxi 1km (Normal Tariff) 1.78 C$     1.41 C$      -20.66 %
Taxi 1hour Waiting (Normal Tariff) 30.00 C$     33.60 C$      +11.99 %
Gasoline (1 liter) 1.34 C$     1.18 C$      -11.59 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,000.00 C$     25,757.70 C$      +11.99 %
 
Utilities (Monthly) [Edit] [Edit]
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 168.13 C$     172.32 C$      +2.49 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.25 C$     0.19 C$      -22.74 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 49.51 C$     56.76 C$      +14.63 %
 
Sports And Leisure [Edit] [Edit]
Fitness Club, Monthly Fee for 1 Adult 54.55 C$     111.08 C$      +103.65 %
Tennis Court Rent (1 Hour on Weekend) 23.14 C$     35.41 C$      +53.00 %
Cinema, International Release, 1 Seat 13.00 C$     15.68 C$      +20.60 %
 
Clothing And Shoes [Edit] [Edit]
1 Pair of Jeans (Levis 501 Or Similar) 62.17 C$     63.70 C$      +2.46 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.86 C$     57.18 C$      +39.96 %
1 Pair of Nike Shoes 105.47 C$     100.63 C$      -4.59 %
1 Pair of Men Leather Shoes 119.77 C$     137.84 C$      +15.08 %
 
Rent Per Month [Edit] [Edit]
Apartment (1 bedroom) in City Centre 1,467.24 C$     3,270.44 C$      +122.90 %
Apartment (1 bedroom) Outside of Centre 1,047.53 C$     1,997.59 C$      +90.70 %
Apartment (3 bedrooms) in City Centre 2,633.33 C$     5,794.70 C$      +120.05 %
Apartment (3 bedrooms) Outside of Centre 1,865.12 C$     3,798.92 C$      +103.68 %
 
Buy Apartment Price [Edit] [Edit]
Price per Square Meter to Buy Apartment in City Centre 6,271.53 C$     10,965.70 C$      +74.85 %
Price per Square Meter to Buy Apartment Outside of Centre 5,443.46 C$     5,731.88 C$      +5.30 %
 
Salaries And Financing [Edit] [Edit]
Average Monthly Disposable Salary (After Tax) 3,396.31 C$     4,816.10 C$      +41.80 %
Mortgage Interest Rate in Percentages (%), Yearly 3.32     3.93      +18.43 %
 
Last updateOctober, 2014October, 2014
Contributors (past 18 months)622494
Currency: CAD