Cost of Living Comparison Between Toronto and New York, NY 

Indices DifferenceInfo
Cost of Living in New York, NY is 49.0% higher than in Toronto (without rent)
Cost of Living Including Rent in New York, NY is 77.0% higher than in Toronto
Rent Prices in New York, NY are 121.7% higher than in Toronto
Restaurant Prices in New York, NY are 50.1% higher than in Toronto
Groceries Prices in New York, NY are 41.6% higher than in Toronto
Local Purchasing Power in New York, NY is 6.5% lower than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(18.26 $)
41.08 C$
(30.00 $)
     +64.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(87.63 $)
178.03 C$
(130.00 $)
     +48.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.95 $)
16.43 C$
(12.00 $)
     +9.6 %
Domestic Beer (1 pint draught) 8.00 C$
(5.84 $)
10.96 C$
(8.00 $)
     +36.9 %
Imported Beer (12 oz small bottle) 10.00 C$
(7.30 $)
14.38 C$
(10.50 $)
     +43.8 %
Cappuccino (regular) 5.37 C$
(3.92 $)
7.84 C$
(5.72 $)
     +46.0 %
Coke/Pepsi (12 oz small bottle) 2.82 C$
(2.06 $)
4.16 C$
(3.04 $)
     +47.7 %
Water (12 oz small bottle) 2.19 C$
(1.60 $)
3.13 C$
(2.29 $)
     +43.1 %
Markets
Toronto Edit New York, NY Edit
Milk (regular), (1 gallon) 15.38 C$
(11.23 $)
7.55 C$
(5.52 $)
     -50.9 %
Loaf of Fresh White Bread (1 lb) 3.43 C$
(2.50 $)
5.98 C$
(4.37 $)
     +74.6 %
Rice (white), (1 lb) 2.15 C$
(1.57 $)
4.40 C$
(3.21 $)
     +104.6 %
Eggs (regular) (12) 4.63 C$
(3.38 $)
7.18 C$
(5.25 $)
     +55.2 %
Local Cheese (1 lb) 6.98 C$
(5.10 $)
10.14 C$
(7.40 $)
     +45.2 %
Chicken Fillets (1 lb) 7.82 C$
(5.71 $)
9.07 C$
(6.63 $)
     +16.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.55 C$
(6.24 $)
11.81 C$
(8.62 $)
     +38.1 %
Apples (1 lb) 2.37 C$
(1.73 $)
4.51 C$
(3.29 $)
     +90.4 %
Banana (1 lb) 0.91 C$
(0.66 $)
1.28 C$
(0.93 $)
     +41.3 %
Oranges (1 lb) 2.36 C$
(1.73 $)
3.75 C$
(2.74 $)
     +58.8 %
Tomato (1 lb) 2.29 C$
(1.67 $)
3.94 C$
(2.88 $)
     +72.3 %
Potato (1 lb) 1.62 C$
(1.18 $)
2.41 C$
(1.76 $)
     +49.2 %
Onion (1 lb) 1.73 C$
(1.26 $)
2.34 C$
(1.71 $)
     +35.2 %
Lettuce (1 head) 3.09 C$
(2.25 $)
4.33 C$
(3.16 $)
     +40.2 %
Water (1.5 liter bottle) 2.35 C$
(1.72 $)
3.39 C$
(2.47 $)
     +44.3 %
Bottle of Wine (Mid-Range) 18.00 C$
(13.14 $)
27.39 C$
(20.00 $)
     +52.2 %
Domestic Beer (0.5 liter bottle) 3.41 C$
(2.49 $)
3.76 C$
(2.75 $)
     +10.4 %
Imported Beer (12 oz small bottle) 3.64 C$
(2.65 $)
5.05 C$
(3.69 $)
     +38.9 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.60 $)
23.28 C$
(17.00 $)
     +16.4 %
Transportation
Toronto Edit New York, NY Edit
One-way Ticket (Local Transport) 3.35 C$
(2.45 $)
3.97 C$
(2.90 $)
     +18.5 %
Monthly Pass (Regular Price) 156.00 C$
(113.92 $)
180.76 C$
(132.00 $)
     +15.9 %
Taxi Start (Normal Tariff) 5.00 C$
(3.65 $)
6.85 C$
(5.00 $)
     +36.9 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.06 $)
4.79 C$
(3.50 $)
     +70.2 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.64 $)
46.56 C$
(34.00 $)
     +50.2 %
Gasoline (1 gallon) 6.03 C$
(4.40 $)
5.19 C$
(3.79 $)
     -13.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,226.00 C$
(24,992.88 $)
47,930.05 C$
(35,000.00 $)
     +40.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,337.76 C$
(22,153.57 $)
38,705.45 C$
(28,263.92 $)
     +27.6 %
Utilities (Monthly)
Toronto Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 161.22 C$
(117.73 $)
239.03 C$
(174.55 $)
     +48.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 62.14 C$
(45.38 $)
89.54 C$
(65.39 $)
     +44.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.56 C$
(52.26 $)
94.86 C$
(69.27 $)
     +32.6 %
Sports And Leisure
Toronto Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 70.05 C$
(51.15 $)
194.35 C$
(141.92 $)
     +177.4 %
Tennis Court Rent (1 Hour on Weekend) 27.58 C$
(20.14 $)
106.62 C$
(77.86 $)
     +286.6 %
Cinema, International Release, 1 Seat 18.00 C$
(13.14 $)
27.39 C$
(20.00 $)
     +52.2 %
Childcare
Toronto Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,497.84 C$
(1,093.77 $)
4,338.35 C$
(3,168.00 $)
     +189.6 %
International Primary School, Yearly for 1 Child 24,636.36 C$
(17,990.23 $)
79,426.94 C$
(58,000.00 $)
     +222.4 %
Clothing And Shoes
Toronto Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.80 C$
(58.27 $)
97.97 C$
(71.54 $)
     +22.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.31 C$
(36.74 $)
66.06 C$
(48.24 $)
     +31.3 %
1 Pair of Nike Running Shoes (Mid-Range) 135.95 C$
(99.28 $)
138.93 C$
(101.45 $)
     +2.2 %
1 Pair of Men Leather Business Shoes 162.54 C$
(118.69 $)
222.62 C$
(162.57 $)
     +37.0 %
Rent Per Month
Toronto Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 2,493.24 C$
(1,820.64 $)
5,857.59 C$
(4,277.40 $)
     +134.9 %
Apartment (1 bedroom) Outside of Centre 2,142.71 C$
(1,564.67 $)
4,031.64 C$
(2,944.03 $)
     +88.2 %
Apartment (3 bedrooms) in City Centre 4,410.91 C$
(3,220.98 $)
11,888.31 C$
(8,681.21 $)
     +169.5 %
Apartment (3 bedrooms) Outside of Centre 3,613.62 C$
(2,638.77 $)
6,287.79 C$
(4,591.54 $)
     +74.0 %
Buy Apartment Price
Toronto Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 1,292.64 C$
(943.93 $)
2,149.42 C$
(1,569.57 $)
     +66.3 %
Price per Square Feet to Buy Apartment Outside of Centre 996.89 C$
(727.96 $)
1,564.91 C$
(1,142.75 $)
     +57.0 %
Salaries And Financing
Toronto Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,659.68 C$
(3,402.64 $)
7,709.41 C$
(5,629.65 $)
     +65.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.46 6.74      +4.4 %
Last update: June 2024June 2024
Contributors in the past 12 months:781481