Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 38.1% higher than in Toronto (without rent) | |
| Consumer Prices Including Rent in New York, NY are 64.3% higher than in Toronto | |
| Rent Prices in New York, NY are 106.3% higher than in Toronto | |
| Restaurant Prices in New York, NY are 33.8% higher than in Toronto | |
| Groceries Prices in New York, NY are 47.3% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 15.9% higher than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
23.36 C$ (17.18 $) |
34.00 C$ (25.00 $) |
+45.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
115.00 C$ (84.55 $) |
136.01 C$ (100.00 $) |
+18.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
13.00 C$ (9.56 $) |
16.32 C$ (12.00 $) |
+25.5 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.88 $) |
10.88 C$ (8.00 $) |
+36.0 % |
| Imported Beer (12 oz small bottle) |
8.54 C$ (6.28 $) |
13.60 C$ (10.00 $) |
+59.3 % |
| Cappuccino (regular) |
4.99 C$ (3.67 $) |
7.28 C$ (5.35 $) |
+45.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.72 C$ (2.00 $) |
3.69 C$ (2.71 $) |
+35.4 % |
| Water (12 oz small bottle) |
2.13 C$ (1.57 $) |
2.92 C$ (2.14 $) |
+36.9 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
13.95 C$ (10.26 $) |
6.42 C$ (4.72 $) |
-54.0 % |
| Loaf of Fresh White Bread (1 lb) |
3.11 C$ (2.28 $) |
5.22 C$ (3.83 $) |
+67.8 % |
| Rice (white), (1 lb) |
1.89 C$ (1.39 $) |
5.01 C$ (3.69 $) |
+165.1 % |
| Eggs (regular) (12) |
4.42 C$ (3.25 $) |
6.47 C$ (4.75 $) |
+46.4 % |
| Local Cheese (1 lb) |
7.19 C$ (5.29 $) |
11.28 C$ (8.30 $) |
+56.9 % |
| Chicken Fillets (1 lb) |
7.34 C$ (5.40 $) |
10.26 C$ (7.54 $) |
+39.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.25 C$ (6.07 $) |
12.14 C$ (8.93 $) |
+47.1 % |
| Apples (1 lb) |
2.23 C$ (1.64 $) |
3.55 C$ (2.61 $) |
+59.0 % |
| Banana (1 lb) |
0.77 C$ (0.57 $) |
1.42 C$ (1.05 $) |
+84.3 % |
| Oranges (1 lb) |
2.04 C$ (1.50 $) |
3.29 C$ (2.42 $) |
+61.0 % |
| Tomato (1 lb) |
2.30 C$ (1.69 $) |
3.87 C$ (2.85 $) |
+68.2 % |
| Potato (1 lb) |
1.62 C$ (1.19 $) |
2.40 C$ (1.77 $) |
+48.2 % |
| Onion (1 lb) |
1.67 C$ (1.22 $) |
2.25 C$ (1.66 $) |
+35.2 % |
| Lettuce (1 head) |
3.30 C$ (2.43 $) |
3.85 C$ (2.83 $) |
+16.8 % |
| Water (1.5 liter bottle) |
2.24 C$ (1.64 $) |
3.31 C$ (2.44 $) |
+48.3 % |
| Bottle of Wine (Mid-Range) |
16.95 C$ (12.46 $) |
23.80 C$ (17.50 $) |
+40.4 % |
| Domestic Beer (0.5 liter bottle) |
3.14 C$ (2.31 $) |
4.24 C$ (3.12 $) |
+35.0 % |
| Imported Beer (12 oz small bottle) |
3.74 C$ (2.75 $) |
5.13 C$ (3.77 $) |
+37.1 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 C$ (12.50 $) |
21.76 C$ (16.00 $) |
+28.0 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.25 C$ (2.39 $) |
3.74 C$ (2.75 $) |
+15.1 % |
| Monthly Pass (Regular Price) |
156.00 C$ (114.70 $) |
175.45 C$ (129.00 $) |
+12.5 % |
| Taxi Start (Normal Tariff) |
4.44 C$ (3.26 $) |
6.12 C$ (4.50 $) |
+37.8 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (2.07 $) |
4.08 C$ (3.00 $) |
+44.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.50 C$ (22.42 $) |
40.80 C$ (30.00 $) |
+33.8 % |
| Gasoline (1 gallon) |
6.10 C$ (4.49 $) |
5.63 C$ (4.14 $) |
-7.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
29,000.00 C$ (21,322.12 $) |
35,362.34 C$ (26,000.00 $) |
+21.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26,775.09 C$ (19,686.26 $) |
32,659.22 C$ (24,012.55 $) |
+22.0 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
187.36 C$ (137.76 $) |
231.07 C$ (169.90 $) |
+23.3 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.43 C$ (0.32 $) |
0.14 C$ (0.10 $) |
-67.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
76.02 C$ (55.89 $) |
94.25 C$ (69.30 $) |
+24.0 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
64.10 C$ (47.13 $) |
138.41 C$ (101.77 $) |
+115.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
23.77 C$ (17.48 $) |
51.68 C$ (38.00 $) |
+117.5 % |
| Cinema, International Release, 1 Seat |
15.00 C$ (11.03 $) |
24.48 C$ (18.00 $) |
+63.2 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,543.35 C$ (1,134.74 $) |
3,232.20 C$ (2,376.46 $) |
+109.4 % |
| International Primary School, Yearly for 1 Child |
25,323.57 C$ (18,619.04 $) |
55,423.67 C$ (40,750.00 $) |
+118.9 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.07 C$ (58.13 $) |
88.32 C$ (64.94 $) |
+11.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
49.94 C$ (36.72 $) |
77.27 C$ (56.81 $) |
+54.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
123.08 C$ (90.49 $) |
127.59 C$ (93.81 $) |
+3.7 % |
| 1 Pair of Men Leather Business Shoes |
144.40 C$ (106.17 $) |
203.75 C$ (149.81 $) |
+41.1 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,434.81 C$ (1,790.18 $) |
5,300.22 C$ (3,896.96 $) |
+117.7 % |
| Apartment (1 bedroom) Outside of Centre |
2,059.83 C$ (1,514.48 $) |
3,247.68 C$ (2,387.84 $) |
+57.7 % |
| Apartment (3 bedrooms) in City Centre |
3,922.36 C$ (2,883.90 $) |
9,734.91 C$ (7,157.55 $) |
+148.2 % |
| Apartment (3 bedrooms) Outside of Centre |
3,195.69 C$ (2,349.62 $) |
5,607.78 C$ (4,123.09 $) |
+75.5 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,190.22 C$ (875.10 $) |
1,884.10 C$ (1,385.27 $) |
+58.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
935.29 C$ (687.67 $) |
1,160.29 C$ (853.09 $) |
+24.1 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,306.07 C$ (3,166.02 $) |
8,198.39 C$ (6,027.83 $) |
+90.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.97 | 5.60 | -6.2 % |
| Last update: | March 2023 | March 2023 | |
| Contributors in the past 12 months: | 991 | 486 |
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 |