Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 36.9% higher than in Toronto (without rent) | |
| Consumer Prices Including Rent in New York, NY are 62.2% higher than in Toronto | |
| Rent Prices in New York, NY are 102.4% higher than in Toronto | |
| Restaurant Prices in New York, NY are 34.5% higher than in Toronto | |
| Groceries Prices in New York, NY are 46.5% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 22.0% higher than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
22.00 C$ (16.39 $) |
33.57 C$ (25.00 $) |
+52.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
115.00 C$ (85.65 $) |
134.27 C$ (100.00 $) |
+16.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
13.00 C$ (9.68 $) |
16.11 C$ (12.00 $) |
+23.9 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.96 $) |
10.74 C$ (8.00 $) |
+34.3 % |
| Imported Beer (12 oz small bottle) |
8.58 C$ (6.39 $) |
13.43 C$ (10.00 $) |
+56.5 % |
| Cappuccino (regular) |
5.04 C$ (3.75 $) |
7.22 C$ (5.38 $) |
+43.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.74 C$ (2.04 $) |
3.62 C$ (2.70 $) |
+32.2 % |
| Water (12 oz small bottle) |
2.11 C$ (1.57 $) |
2.91 C$ (2.17 $) |
+38.2 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
14.52 C$ (10.82 $) |
6.83 C$ (5.09 $) |
-53.0 % |
| Loaf of Fresh White Bread (1 lb) |
3.19 C$ (2.38 $) |
5.24 C$ (3.90 $) |
+64.1 % |
| Rice (white), (1 lb) |
1.89 C$ (1.41 $) |
4.95 C$ (3.69 $) |
+161.9 % |
| Eggs (regular) (12) |
4.51 C$ (3.36 $) |
7.13 C$ (5.31 $) |
+58.3 % |
| Local Cheese (1 lb) |
6.76 C$ (5.04 $) |
11.05 C$ (8.23 $) |
+63.4 % |
| Chicken Fillets (1 lb) |
7.23 C$ (5.39 $) |
9.94 C$ (7.40 $) |
+37.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.33 C$ (6.21 $) |
12.30 C$ (9.16 $) |
+47.7 % |
| Apples (1 lb) |
2.26 C$ (1.68 $) |
3.77 C$ (2.81 $) |
+66.8 % |
| Banana (1 lb) |
0.77 C$ (0.57 $) |
1.37 C$ (1.02 $) |
+77.7 % |
| Oranges (1 lb) |
2.19 C$ (1.63 $) |
3.34 C$ (2.49 $) |
+52.6 % |
| Tomato (1 lb) |
2.28 C$ (1.70 $) |
3.87 C$ (2.88 $) |
+69.5 % |
| Potato (1 lb) |
1.47 C$ (1.10 $) |
2.35 C$ (1.75 $) |
+59.3 % |
| Onion (1 lb) |
1.56 C$ (1.16 $) |
2.25 C$ (1.68 $) |
+44.1 % |
| Lettuce (1 head) |
3.29 C$ (2.45 $) |
3.76 C$ (2.80 $) |
+14.3 % |
| Water (1.5 liter bottle) |
2.39 C$ (1.78 $) |
3.33 C$ (2.48 $) |
+39.4 % |
| Bottle of Wine (Mid-Range) |
16.98 C$ (12.64 $) |
24.17 C$ (18.00 $) |
+42.4 % |
| Domestic Beer (0.5 liter bottle) |
3.11 C$ (2.32 $) |
4.16 C$ (3.10 $) |
+33.8 % |
| Imported Beer (12 oz small bottle) |
3.52 C$ (2.62 $) |
5.19 C$ (3.86 $) |
+47.5 % |
| Cigarettes 20 Pack (Marlboro) |
17.95 C$ (13.37 $) |
21.48 C$ (16.00 $) |
+19.7 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.30 C$ (2.46 $) |
3.69 C$ (2.75 $) |
+11.9 % |
| Monthly Pass (Regular Price) |
156.00 C$ (116.19 $) |
173.20 C$ (129.00 $) |
+11.0 % |
| Taxi Start (Normal Tariff) |
4.44 C$ (3.31 $) |
6.04 C$ (4.50 $) |
+36.1 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (2.10 $) |
4.03 C$ (3.00 $) |
+43.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (23.09 $) |
40.28 C$ (30.00 $) |
+29.9 % |
| Gasoline (1 gallon) |
5.82 C$ (4.34 $) |
5.70 C$ (4.25 $) |
-2.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
30,000.00 C$ (22,343.87 $) |
33,566.25 C$ (25,000.00 $) |
+11.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,488.82 C$ (20,473.55 $) |
32,973.87 C$ (24,558.80 $) |
+20.0 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
205.44 C$ (153.01 $) |
229.93 C$ (171.25 $) |
+11.9 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.45 C$ (0.33 $) |
0.14 C$ (0.10 $) |
-68.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
75.57 C$ (56.28 $) |
97.68 C$ (72.75 $) |
+29.3 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
64.97 C$ (48.39 $) |
152.33 C$ (113.45 $) |
+134.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
26.36 C$ (19.63 $) |
48.54 C$ (36.15 $) |
+84.2 % |
| Cinema, International Release, 1 Seat |
15.00 C$ (11.17 $) |
24.17 C$ (18.00 $) |
+61.1 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,450.57 C$ (1,080.38 $) |
3,334.81 C$ (2,483.75 $) |
+129.9 % |
| International Primary School, Yearly for 1 Child |
26,377.50 C$ (19,645.85 $) |
58,181.50 C$ (43,333.33 $) |
+120.6 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
76.48 C$ (56.96 $) |
89.83 C$ (66.90 $) |
+17.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
51.91 C$ (38.67 $) |
71.80 C$ (53.48 $) |
+38.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
119.11 C$ (88.72 $) |
132.23 C$ (98.48 $) |
+11.0 % |
| 1 Pair of Men Leather Business Shoes |
156.52 C$ (116.57 $) |
208.83 C$ (155.54 $) |
+33.4 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,435.03 C$ (1,813.60 $) |
5,066.20 C$ (3,773.29 $) |
+108.1 % |
| Apartment (1 bedroom) Outside of Centre |
2,098.96 C$ (1,563.30 $) |
3,367.10 C$ (2,507.80 $) |
+60.4 % |
| Apartment (3 bedrooms) in City Centre |
3,990.02 C$ (2,971.75 $) |
9,915.83 C$ (7,385.26 $) |
+148.5 % |
| Apartment (3 bedrooms) Outside of Centre |
3,312.00 C$ (2,466.77 $) |
5,598.81 C$ (4,169.97 $) |
+69.0 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,174.78 C$ (874.97 $) |
1,914.61 C$ (1,425.99 $) |
+63.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
937.98 C$ (698.60 $) |
1,218.14 C$ (907.27 $) |
+29.9 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,519.44 C$ (3,366.06 $) |
8,945.32 C$ (6,662.44 $) |
+97.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.81 | 5.72 | -1.5 % |
| Last update: | June 2023 | June 2023 | |
| Contributors in the past 12 months: | 842 | 499 |
Moving to Toronto? Explore:
Moving to New York, NY? Explore:
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 |
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 |