Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 32.10% higher than in Toronto (without rent) | |
| Consumer Prices Including Rent in New York, NY are 54.72% higher than in Toronto | |
| Rent Prices in New York, NY are 91.77% higher than in Toronto | |
| Restaurant Prices in New York, NY are 30.84% higher than in Toronto | |
| Groceries Prices in New York, NY are 45.07% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 21.33% higher than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 C$ (15.85 $) |
25.24 C$ (20.00 $) |
+26.18 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
90.00 C$ (71.32 $) |
126.18 C$ (100.00 $) |
+40.20 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 C$ (8.72 $) |
11.36 C$ (9.00 $) |
+3.24 % |
| Domestic Beer (1 pint draught) |
7.00 C$ (5.55 $) |
9.27 C$ (7.35 $) |
+32.49 % |
| Imported Beer (12 oz small bottle) |
8.00 C$ (6.34 $) |
11.36 C$ (9.00 $) |
+41.96 % |
| Cappuccino (regular) |
4.49 C$ (3.56 $) |
6.16 C$ (4.88 $) |
+37.11 % |
| Coke/Pepsi (12 oz small bottle) |
2.42 C$ (1.92 $) |
2.68 C$ (2.12 $) |
+10.51 % |
| Water (12 oz small bottle) |
1.97 C$ (1.56 $) |
2.16 C$ (1.71 $) |
+9.97 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
12.14 C$ (9.62 $) |
5.73 C$ (4.54 $) |
-52.82 % |
| Loaf of Fresh White Bread (1 lb) |
2.60 C$ (2.06 $) |
4.40 C$ (3.48 $) |
+69.00 % |
| Rice (white), (1 lb) |
1.66 C$ (1.32 $) |
3.24 C$ (2.57 $) |
+95.22 % |
| Eggs (regular) (12) |
3.36 C$ (2.67 $) |
4.10 C$ (3.25 $) |
+21.94 % |
| Local Cheese (1 lb) |
6.12 C$ (4.85 $) |
8.50 C$ (6.74 $) |
+38.88 % |
| Chicken Fillets (1 lb) |
6.22 C$ (4.93 $) |
8.01 C$ (6.35 $) |
+28.81 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.23 C$ (5.73 $) |
9.72 C$ (7.70 $) |
+34.44 % |
| Apples (1 lb) |
1.83 C$ (1.45 $) |
3.58 C$ (2.83 $) |
+95.45 % |
| Banana (1 lb) |
0.73 C$ (0.58 $) |
1.62 C$ (1.28 $) |
+122.67 % |
| Oranges (1 lb) |
1.56 C$ (1.24 $) |
3.08 C$ (2.44 $) |
+97.35 % |
| Tomato (1 lb) |
1.75 C$ (1.39 $) |
3.32 C$ (2.63 $) |
+89.71 % |
| Potato (1 lb) |
1.33 C$ (1.05 $) |
2.40 C$ (1.90 $) |
+80.70 % |
| Onion (1 lb) |
1.19 C$ (0.95 $) |
2.31 C$ (1.83 $) |
+93.51 % |
| Lettuce (1 head) |
2.58 C$ (2.04 $) |
2.83 C$ (2.24 $) |
+9.71 % |
| Water (1.5 liter bottle) |
2.21 C$ (1.75 $) |
2.66 C$ (2.11 $) |
+20.20 % |
| Bottle of Wine (Mid-Range) |
16.00 C$ (12.68 $) |
18.93 C$ (15.00 $) |
+18.30 % |
| Domestic Beer (0.5 liter bottle) |
3.30 C$ (2.62 $) |
3.86 C$ (3.06 $) |
+17.03 % |
| Imported Beer (12 oz small bottle) |
3.77 C$ (2.99 $) |
3.91 C$ (3.10 $) |
+3.87 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 C$ (11.89 $) |
18.93 C$ (15.00 $) |
+26.18 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.25 C$ (2.58 $) |
3.47 C$ (2.75 $) |
+6.77 % |
| Monthly Pass (Regular Price) |
155.00 C$ (122.84 $) |
160.25 C$ (127.00 $) |
+3.39 % |
| Taxi Start (Normal Tariff) |
4.25 C$ (3.37 $) |
4.42 C$ (3.50 $) |
+3.92 % |
| Taxi 1 mile (Normal Tariff) |
3.22 C$ (2.55 $) |
3.79 C$ (3.00 $) |
+17.61 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.03 C$ (24.59 $) |
44.16 C$ (35.00 $) |
+42.33 % |
| Gasoline (1 gallon) |
4.07 C$ (3.22 $) |
3.30 C$ (2.61 $) |
-18.94 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
26,150.00 C$ (20,723.87 $) |
27,760.26 C$ (22,000.00 $) |
+6.16 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,353.37 C$ (20,092.54 $) |
26,884.53 C$ (21,305.99 $) |
+6.04 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
156.87 C$ (124.32 $) |
193.35 C$ (153.23 $) |
+23.26 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.36 C$ (0.28 $) |
0.14 C$ (0.11 $) |
-61.24 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
72.15 C$ (57.18 $) |
82.57 C$ (65.44 $) |
+14.44 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
56.03 C$ (44.40 $) |
112.60 C$ (89.24 $) |
+100.97 % |
| Tennis Court Rent (1 Hour on Weekend) |
26.67 C$ (21.13 $) |
44.39 C$ (35.18 $) |
+66.45 % |
| Cinema, International Release, 1 Seat |
15.00 C$ (11.89 $) |
20.19 C$ (16.00 $) |
+34.60 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,718.80 C$ (1,362.15 $) |
3,415.14 C$ (2,706.50 $) |
+98.69 % |
| International Primary School, Yearly for 1 Child |
27,246.00 C$ (21,592.45 $) |
48,082.36 C$ (38,105.26 $) |
+76.47 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77.20 C$ (61.18 $) |
76.68 C$ (60.77 $) |
-0.68 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
49.91 C$ (39.56 $) |
51.62 C$ (40.91 $) |
+3.41 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
110.20 C$ (87.34 $) |
113.78 C$ (90.17 $) |
+3.24 % |
| 1 Pair of Men Leather Business Shoes |
145.74 C$ (115.50 $) |
161.97 C$ (128.36 $) |
+11.13 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,058.38 C$ (1,631.27 $) |
3,949.73 C$ (3,130.16 $) |
+91.89 % |
| Apartment (1 bedroom) Outside of Centre |
1,725.57 C$ (1,367.52 $) |
2,526.86 C$ (2,002.54 $) |
+46.44 % |
| Apartment (3 bedrooms) in City Centre |
3,450.88 C$ (2,734.82 $) |
8,166.70 C$ (6,472.11 $) |
+136.66 % |
| Apartment (3 bedrooms) Outside of Centre |
2,656.98 C$ (2,105.65 $) |
4,329.65 C$ (3,431.25 $) |
+62.95 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,066.98 C$ (845.58 $) |
1,865.57 C$ (1,478.47 $) |
+74.85 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
850.52 C$ (674.04 $) |
950.88 C$ (753.57 $) |
+11.80 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,115.88 C$ (3,261.84 $) |
7,726.79 C$ (6,123.48 $) |
+87.73 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.83 | 3.70 | +30.69 % |
| Last update: | February 2021 | February 2021 | |
| Contributors in the past 12 months: | 659 | 334 |
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 |
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