Cost of Living Comparison Between New York, NY and Toronto 
| Indices Difference |  |
|---|---|
| Consumer Prices in Toronto are 33.1% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Toronto are 43.2% lower than in New York, NY | |
| Rent Prices in Toronto are 54.2% lower than in New York, NY | |
| Restaurant Prices in Toronto are 33.4% lower than in New York, NY | |
| Groceries Prices in Toronto are 28.1% lower than in New York, NY | |
| Local Purchasing Power in Toronto is 1.1% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (41.05 C$) |
18.27 $ (25.00 C$) |
-39.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (177.89 C$) |
87.69 $ (120.00 C$) |
-32.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (16.42 C$) |
10.96 $ (15.00 C$) |
-8.7 % |
| Domestic Beer (1 pint draught) |
8.00 $ (10.95 C$) |
5.85 $ (8.00 C$) |
-26.9 % |
| Imported Beer (12 oz small bottle) |
11.00 $ (15.05 C$) |
7.31 $ (10.00 C$) |
-33.6 % |
| Cappuccino (regular) |
5.72 $ (7.82 C$) |
3.97 $ (5.44 C$) |
-30.5 % |
| Coke/Pepsi (12 oz small bottle) |
3.17 $ (4.34 C$) |
2.16 $ (2.96 C$) |
-31.9 % |
| Water (12 oz small bottle) |
2.33 $ (3.19 C$) |
1.62 $ (2.22 C$) |
-30.5 % |
Markets | New York, NY Edit |
Toronto Edit | |
| Milk (regular), (1 gallon) |
5.65 $ (7.73 C$) |
11.66 $ (15.95 C$) |
+106.5 % |
| Loaf of Fresh White Bread (1 lb) |
4.39 $ (6.00 C$) |
2.53 $ (3.46 C$) |
-42.3 % |
| Rice (white), (1 lb) |
3.33 $ (4.55 C$) |
1.58 $ (2.16 C$) |
-52.5 % |
| Eggs (regular) (12) |
5.22 $ (7.14 C$) |
3.54 $ (4.84 C$) |
-32.2 % |
| Local Cheese (1 lb) |
7.64 $ (10.46 C$) |
5.21 $ (7.13 C$) |
-31.8 % |
| Chicken Fillets (1 lb) |
7.05 $ (9.65 C$) |
5.70 $ (7.80 C$) |
-19.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.99 $ (12.30 C$) |
6.42 $ (8.78 C$) |
-28.6 % |
| Apples (1 lb) |
3.10 $ (4.24 C$) |
1.77 $ (2.42 C$) |
-43.1 % |
| Banana (1 lb) |
0.95 $ (1.30 C$) |
0.69 $ (0.94 C$) |
-27.5 % |
| Oranges (1 lb) |
2.53 $ (3.46 C$) |
1.83 $ (2.50 C$) |
-27.6 % |
| Tomato (1 lb) |
2.86 $ (3.92 C$) |
1.67 $ (2.29 C$) |
-41.5 % |
| Potato (1 lb) |
1.81 $ (2.47 C$) |
1.20 $ (1.64 C$) |
-33.5 % |
| Onion (1 lb) |
1.69 $ (2.31 C$) |
1.27 $ (1.74 C$) |
-24.7 % |
| Lettuce (1 head) |
3.01 $ (4.12 C$) |
2.30 $ (3.15 C$) |
-23.6 % |
| Water (1.5 liter bottle) |
2.44 $ (3.34 C$) |
1.82 $ (2.49 C$) |
-25.6 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (27.37 C$) |
13.88 $ (19.00 C$) |
-30.6 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (3.46 C$) |
2.55 $ (3.49 C$) |
+0.8 % |
| Imported Beer (12 oz small bottle) |
3.86 $ (5.28 C$) |
2.79 $ (3.82 C$) |
-27.6 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (23.26 C$) |
14.62 $ (20.00 C$) |
-14.0 % |
Transportation | New York, NY Edit |
Toronto Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (3.97 C$) |
2.45 $ (3.35 C$) |
-15.6 % |
| Monthly Pass (Regular Price) |
132.00 $ (180.63 C$) |
114.00 $ (156.00 C$) |
-13.6 % |
| Taxi Start (Normal Tariff) |
5.00 $ (6.84 C$) |
3.65 $ (5.00 C$) |
-26.9 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (4.79 C$) |
2.06 $ (2.82 C$) |
-41.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (46.53 C$) |
22.65 $ (31.00 C$) |
-33.4 % |
| Gasoline (1 gallon) |
3.85 $ (5.27 C$) |
4.48 $ (6.13 C$) |
+16.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (47,894.53 C$) |
25,102.03 $ (34,350.00 C$) |
-28.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,356.86 $ (38,803.95 C$) |
22,503.22 $ (30,793.75 C$) |
-20.6 % |
Utilities (Monthly) | New York, NY Edit |
Toronto Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
187.85 $ (257.06 C$) |
116.87 $ (159.92 C$) |
-37.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
68.17 $ (93.29 C$) |
47.05 $ (64.38 C$) |
-31.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
71.82 $ (98.28 C$) |
53.82 $ (73.64 C$) |
-25.1 % |
Sports And Leisure | New York, NY Edit |
Toronto Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
147.95 $ (202.46 C$) |
52.82 $ (72.29 C$) |
-64.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
93.12 $ (127.43 C$) |
21.27 $ (29.11 C$) |
-77.2 % |
| Cinema, International Release, 1 Seat |
20.00 $ (27.37 C$) |
13.15 $ (18.00 C$) |
-34.2 % |
Childcare | New York, NY Edit |
Toronto Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,123.56 $ (4,274.32 C$) |
1,142.42 $ (1,563.31 C$) |
-63.4 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (79,368.07 C$) |
18,244.78 $ (24,966.43 C$) |
-68.5 % |
Clothing And Shoes | New York, NY Edit |
Toronto Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
72.93 $ (99.80 C$) |
61.61 $ (84.31 C$) |
-15.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
49.90 $ (68.29 C$) |
37.50 $ (51.31 C$) |
-24.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
102.14 $ (139.77 C$) |
101.25 $ (138.55 C$) |
-0.9 % |
| 1 Pair of Men Leather Business Shoes |
170.41 $ (233.19 C$) |
121.85 $ (166.74 C$) |
-28.5 % |
Rent Per Month | New York, NY Edit |
Toronto Edit | |
| Apartment (1 bedroom) in City Centre |
4,203.82 $ (5,752.57 C$) |
1,841.62 $ (2,520.10 C$) |
-56.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,964.47 $ (4,056.62 C$) |
1,633.58 $ (2,235.42 C$) |
-44.9 % |
| Apartment (3 bedrooms) in City Centre |
8,779.04 $ (12,013.37 C$) |
3,284.94 $ (4,495.16 C$) |
-62.6 % |
| Apartment (3 bedrooms) Outside of Centre |
4,649.23 $ (6,362.08 C$) |
2,663.93 $ (3,645.36 C$) |
-42.7 % |
Buy Apartment Price | New York, NY Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,710.37 $ (2,340.50 C$) |
952.26 $ (1,303.09 C$) |
-44.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,142.75 $ (1,563.75 C$) |
745.32 $ (1,019.91 C$) |
-34.8 % |
Salaries And Financing | New York, NY Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) |
5,903.58 $ (8,078.55 C$) |
3,389.46 $ (4,638.19 C$) |
-42.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.74 | 6.53 | -3.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 485 | 766 |
Moving to New York, NY? Explore:
Moving to Toronto? Explore:
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |