Cost of Living Comparison Between Albany, NY and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 8.4% lower than in Albany, NY (without rent)
Cost of Living Including Rent in Toronto is 0.2% lower than in Albany, NY
Rent Prices in Toronto are 16.1% higher than in Albany, NY
Restaurant Prices in Toronto are 1.7% higher than in Albany, NY
Groceries Prices in Toronto are 14.2% lower than in Albany, NY
Local Purchasing Power in Toronto is 19.9% lower than in Albany, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Albany, NY Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 20.00 $
(27.55 C$)
18.15 $
(25.00 C$)
     -9.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 70.00 $
(96.44 C$)
87.10 $
(120.00 C$)
     +24.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.80 $
(14.88 C$)
10.89 $
(15.00 C$)
     +0.8 %
Domestic Beer (1 pint draught) 5.00 $
(6.89 C$)
5.81 $
(8.00 C$)
     +16.1 %
Imported Beer (12 oz small bottle) 6.00 $
(8.27 C$)
7.26 $
(10.00 C$)
     +21.0 %
Cappuccino (regular) 5.43 $
(7.48 C$)
3.92 $
(5.40 C$)
     -27.8 %
Coke/Pepsi (12 oz small bottle) 2.56 $
(3.53 C$)
2.09 $
(2.87 C$)
     -18.6 %
Water (12 oz small bottle) 1.93 $
(2.66 C$)
1.59 $
(2.19 C$)
     -17.6 %
Markets
Albany, NY Edit Toronto Edit
Milk (regular), (1 gallon) 4.06 $
(5.59 C$)
11.35 $
(15.63 C$)
     +179.8 %
Loaf of Fresh White Bread (1 lb) 4.35 $
(5.99 C$)
2.52 $
(3.48 C$)
     -42.0 %
Rice (white), (1 lb) 2.40 $
(3.31 C$)
1.57 $
(2.17 C$)
     -34.6 %
Eggs (regular) (12) 5.12 $
(7.06 C$)
3.36 $
(4.63 C$)
     -34.4 %
Local Cheese (1 lb) 6.94 $
(9.56 C$)
5.13 $
(7.07 C$)
     -26.0 %
Chicken Fillets (1 lb) 5.57 $
(7.68 C$)
5.62 $
(7.74 C$)
     +0.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.75 $
(9.30 C$)
6.21 $
(8.55 C$)
     -8.1 %
Apples (1 lb) 2.16 $
(2.97 C$)
1.71 $
(2.36 C$)
     -20.6 %
Banana (1 lb) 0.63 $
(0.87 C$)
0.67 $
(0.92 C$)
     +6.3 %
Oranges (1 lb) 2.35 $
(3.24 C$)
1.71 $
(2.36 C$)
     -27.2 %
Tomato (1 lb) 2.12 $
(2.93 C$)
1.64 $
(2.26 C$)
     -22.7 %
Potato (1 lb) 1.39 $
(1.91 C$)
1.15 $
(1.58 C$)
     -17.3 %
Onion (1 lb) 1.76 $
(2.43 C$)
1.23 $
(1.70 C$)
     -29.9 %
Lettuce (1 head) 3.62 $
(4.98 C$)
2.22 $
(3.06 C$)
     -38.5 %
Water (1.5 liter bottle) 1.91 $
(2.63 C$)
1.73 $
(2.38 C$)
     -9.6 %
Bottle of Wine (Mid-Range) 10.75 $
(14.81 C$)
13.06 $
(18.00 C$)
     +21.5 %
Domestic Beer (0.5 liter bottle) 1.99 $
(2.74 C$)
2.47 $
(3.40 C$)
     +24.3 %
Imported Beer (12 oz small bottle) 2.81 $
(3.87 C$)
2.66 $
(3.67 C$)
     -5.2 %
Cigarettes 20 Pack (Marlboro) 14.00 $
(19.29 C$)
14.52 $
(20.00 C$)
     +3.7 %
Transportation
Albany, NY Edit Toronto Edit
One-way Ticket (Local Transport) 1.50 $
(2.07 C$)
2.43 $
(3.35 C$)
     +62.1 %
Monthly Pass (Regular Price) 65.00 $
(89.55 C$)
113.23 $
(156.00 C$)
     +74.2 %
Taxi Start (Normal Tariff) 5.00 $
(6.89 C$)
3.63 $
(5.00 C$)
     -27.4 %
Taxi 1 mile (Normal Tariff) 2.24 $
(3.09 C$)
2.04 $
(2.82 C$)
     -8.9 %
Taxi 1hour Waiting (Normal Tariff) 27.50 $
(37.89 C$)
23.95 $
(33.00 C$)
     -12.9 %
Gasoline (1 gallon) 3.67 $
(5.06 C$)
4.37 $
(6.02 C$)
     +18.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 $
(41,332.50 C$)
24,841.95 $
(34,226.00 C$)
     -17.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,642.24 $
(38,084.10 C$)
22,019.78 $
(30,337.76 C$)
     -20.3 %
Utilities (Monthly)
Albany, NY Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 183.68 $
(253.07 C$)
117.50 $
(161.88 C$)
     -36.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 48.47 $
(66.78 C$)
45.34 $
(62.47 C$)
     -6.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.61 $
(84.89 C$)
52.57 $
(72.42 C$)
     -14.7 %
Sports And Leisure
Albany, NY Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 67.00 $
(92.31 C$)
51.14 $
(70.46 C$)
     -23.7 %
Tennis Court Rent (1 Hour on Weekend) 22.00 $
(30.31 C$)
20.02 $
(27.58 C$)
     -9.0 %
Cinema, International Release, 1 Seat 15.00 $
(20.67 C$)
13.06 $
(18.00 C$)
     -12.9 %
Childcare
Albany, NY Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,400.00 $
(1,928.85 C$)
1,087.16 $
(1,497.84 C$)
     -22.3 %
International Primary School, Yearly for 1 Child 28,000.00 $
(38,577.00 C$)
17,881.59 $
(24,636.36 C$)
     -36.1 %
Clothing And Shoes
Albany, NY Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 44.67 $
(61.54 C$)
60.16 $
(82.88 C$)
     +34.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.37 $
(63.88 C$)
36.97 $
(50.94 C$)
     -20.3 %
1 Pair of Nike Running Shoes (Mid-Range) 87.25 $
(120.21 C$)
99.94 $
(137.69 C$)
     +14.5 %
1 Pair of Men Leather Business Shoes 109.00 $
(150.17 C$)
119.85 $
(165.12 C$)
     +10.0 %
Rent Per Month
Albany, NY Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,407.50 $
(1,939.18 C$)
1,815.57 $
(2,501.41 C$)
     +29.0 %
Apartment (1 bedroom) Outside of Centre 1,391.25 $
(1,916.79 C$)
1,567.62 $
(2,159.78 C$)
     +12.7 %
Apartment (3 bedrooms) in City Centre 2,733.33 $
(3,765.85 C$)
3,249.12 $
(4,476.47 C$)
     +18.9 %
Apartment (3 bedrooms) Outside of Centre 2,466.67 $
(3,398.45 C$)
2,653.92 $
(3,656.44 C$)
     +7.6 %
Buy Apartment Price
Albany, NY Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 360.09 $
(496.11 C$)
938.23 $
(1,292.64 C$)
     +160.6 %
Price per Square Feet to Buy Apartment Outside of Centre 298.15 $
(410.78 C$)
723.57 $
(996.89 C$)
     +142.7 %
Salaries And Financing
Albany, NY Edit Toronto Edit
Average Monthly Net Salary (After Tax) 4,304.44 $
(5,930.44 C$)
3,438.29 $
(4,737.10 C$)
     -20.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.49      +0.2 %
Last update: June 2024June 2024
Contributors in the past 12 months:28772