Cost of Living Comparison Between Toronto and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 38.6% higher than in Toronto (without rent)
Consumer Prices Including Rent in New York, NY are 62.7% higher than in Toronto
Rent Prices in New York, NY are 100.9% higher than in Toronto
Restaurant Prices in New York, NY are 39.2% higher than in Toronto
Groceries Prices in New York, NY are 39.8% higher than in Toronto
Local Purchasing Power in New York, NY is 27.1% higher 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$
(18.39 $)
33.98 C$
(25.00 $)
     +35.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 110.00 C$
(80.92 $)
163.12 C$
(120.00 $)
     +48.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(11.03 $)
16.31 C$
(12.00 $)
     +8.7 %
Domestic Beer (1 pint draught) 8.32 C$
(6.12 $)
10.87 C$
(8.00 $)
     +30.7 %
Imported Beer (12 oz small bottle) 9.00 C$
(6.62 $)
13.59 C$
(10.00 $)
     +51.0 %
Cappuccino (regular) 5.16 C$
(3.80 $)
7.48 C$
(5.50 $)
     +44.9 %
Coke/Pepsi (12 oz small bottle) 2.82 C$
(2.08 $)
3.90 C$
(2.87 $)
     +38.0 %
Water (12 oz small bottle) 2.08 C$
(1.53 $)
3.05 C$
(2.24 $)
     +46.7 %
Markets
Toronto Edit New York, NY Edit
Milk (regular), (1 gallon) 14.85 C$
(10.93 $)
7.21 C$
(5.30 $)
     -51.5 %
Loaf of Fresh White Bread (1 lb) 3.43 C$
(2.52 $)
5.67 C$
(4.17 $)
     +65.4 %
Rice (white), (1 lb) 2.10 C$
(1.55 $)
4.34 C$
(3.19 $)
     +106.6 %
Eggs (regular) (12) 4.60 C$
(3.38 $)
7.80 C$
(5.74 $)
     +69.5 %
Local Cheese (1 lb) 7.57 C$
(5.57 $)
10.46 C$
(7.70 $)
     +38.2 %
Chicken Fillets (1 lb) 8.01 C$
(5.89 $)
10.45 C$
(7.69 $)
     +30.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.01 C$
(6.63 $)
12.39 C$
(9.12 $)
     +37.6 %
Apples (1 lb) 2.51 C$
(1.85 $)
4.08 C$
(3.00 $)
     +62.3 %
Banana (1 lb) 0.80 C$
(0.59 $)
1.25 C$
(0.92 $)
     +55.2 %
Oranges (1 lb) 2.51 C$
(1.84 $)
3.44 C$
(2.53 $)
     +37.2 %
Tomato (1 lb) 2.25 C$
(1.66 $)
3.89 C$
(2.86 $)
     +72.7 %
Potato (1 lb) 1.62 C$
(1.19 $)
2.46 C$
(1.81 $)
     +51.9 %
Onion (1 lb) 1.68 C$
(1.24 $)
2.35 C$
(1.73 $)
     +39.5 %
Lettuce (1 head) 3.27 C$
(2.40 $)
3.89 C$
(2.86 $)
     +19.2 %
Water (1.5 liter bottle) 2.41 C$
(1.77 $)
3.26 C$
(2.40 $)
     +35.1 %
Bottle of Wine (Mid-Range) 18.00 C$
(13.24 $)
27.19 C$
(20.00 $)
     +51.0 %
Domestic Beer (0.5 liter bottle) 3.33 C$
(2.45 $)
3.27 C$
(2.40 $)
     -2.0 %
Imported Beer (12 oz small bottle) 3.60 C$
(2.65 $)
5.09 C$
(3.75 $)
     +41.3 %
Cigarettes 20 Pack (Marlboro) 18.62 C$
(13.70 $)
23.11 C$
(17.00 $)
     +24.1 %
Transportation
Toronto Edit New York, NY Edit
One-way Ticket (Local Transport) 3.35 C$
(2.46 $)
3.94 C$
(2.90 $)
     +17.7 %
Monthly Pass (Regular Price) 156.00 C$
(114.76 $)
177.31 C$
(130.43 $)
     +13.7 %
Taxi Start (Normal Tariff) 5.00 C$
(3.68 $)
6.59 C$
(4.85 $)
     +31.9 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.07 $)
4.08 C$
(3.00 $)
     +44.8 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.81 $)
47.58 C$
(35.00 $)
     +53.5 %
Gasoline (1 gallon) 6.28 C$
(4.62 $)
5.53 C$
(4.07 $)
     -11.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,345.00 C$
(25,265.75 $)
33,983.75 C$
(25,000.00 $)
     -1.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,362.88 C$
(21,600.68 $)
35,343.10 C$
(26,000.00 $)
     +20.4 %
Utilities (Monthly)
Toronto Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 209.91 C$
(154.42 $)
237.19 C$
(174.49 $)
     +13.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.63 C$
(46.81 $)
84.58 C$
(62.22 $)
     +32.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 74.89 C$
(55.09 $)
101.23 C$
(74.47 $)
     +35.2 %
Sports And Leisure
Toronto Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 74.68 C$
(54.94 $)
162.73 C$
(119.71 $)
     +117.9 %
Tennis Court Rent (1 Hour on Weekend) 29.62 C$
(21.79 $)
68.49 C$
(50.38 $)
     +131.2 %
Cinema, International Release, 1 Seat 16.00 C$
(11.77 $)
27.19 C$
(20.00 $)
     +69.9 %
Childcare
Toronto Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,464.00 C$
(1,076.99 $)
4,156.82 C$
(3,057.95 $)
     +183.9 %
International Primary School, Yearly for 1 Child 26,733.08 C$
(19,666.07 $)
64,297.25 C$
(47,300.00 $)
     +140.5 %
Clothing And Shoes
Toronto Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.48 C$
(58.47 $)
91.20 C$
(67.09 $)
     +14.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.06 C$
(36.83 $)
63.41 C$
(46.65 $)
     +26.7 %
1 Pair of Nike Running Shoes (Mid-Range) 122.23 C$
(89.92 $)
136.76 C$
(100.61 $)
     +11.9 %
1 Pair of Men Leather Business Shoes 163.23 C$
(120.08 $)
219.01 C$
(161.12 $)
     +34.2 %
Rent Per Month
Toronto Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 2,616.89 C$
(1,925.11 $)
5,539.32 C$
(4,074.98 $)
     +111.7 %
Apartment (1 bedroom) Outside of Centre 2,314.29 C$
(1,702.49 $)
3,735.12 C$
(2,747.72 $)
     +61.4 %
Apartment (3 bedrooms) in City Centre 4,309.43 C$
(3,170.22 $)
10,561.91 C$
(7,769.82 $)
     +145.1 %
Apartment (3 bedrooms) Outside of Centre 3,565.38 C$
(2,622.86 $)
5,923.37 C$
(4,357.50 $)
     +66.1 %
Buy Apartment Price
Toronto Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 1,285.19 C$
(945.44 $)
2,116.14 C$
(1,556.73 $)
     +64.7 %
Price per Square Feet to Buy Apartment Outside of Centre 1,056.18 C$
(776.97 $)
1,589.27 C$
(1,169.14 $)
     +50.5 %
Salaries And Financing
Toronto Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,603.04 C$
(3,386.21 $)
9,518.16 C$
(7,002.00 $)
     +106.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.39 6.58      +3.0 %
Last update: December 2023December 2023
Contributors in the past 12 months:782553