Cost of Living Comparison Between Toronto and New York, NY 

Indices DifferenceInfo
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
Currency: Sticky Currency      Switch to metric measurement units
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 2023June 2023
Contributors in the past 12 months:842499