Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| 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 | |
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 2023 | December 2023 | |
| Contributors in the past 12 months: | 782 | 553 |
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 |