Cost of Living Comparison Between Toronto and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 42.6% higher than in Toronto (without rent)
Consumer Prices Including Rent in New York, NY are 67.6% higher than in Toronto
Rent Prices in New York, NY are 107.7% higher than in Toronto
Restaurant Prices in New York, NY are 54.1% higher than in Toronto
Groceries Prices in New York, NY are 40.7% higher than in Toronto
Local Purchasing Power in New York, NY is 8.9% higher than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 24.50 C$
(18.02 $)
40.78 C$
(30.00 $)
     +66.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 110.00 C$
(80.92 $)
173.32 C$
(127.50 $)
     +57.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(11.03 $)
16.31 C$
(12.00 $)
     +8.7 %
Domestic Beer (1 pint draught) 8.50 C$
(6.25 $)
11.55 C$
(8.50 $)
     +35.9 %
Imported Beer (12 oz small bottle) 9.38 C$
(6.90 $)
13.59 C$
(10.00 $)
     +45.0 %
Cappuccino (regular) 5.28 C$
(3.88 $)
7.81 C$
(5.75 $)
     +48.0 %
Coke/Pepsi (12 oz small bottle) 2.82 C$
(2.07 $)
4.09 C$
(3.01 $)
     +45.0 %
Water (12 oz small bottle) 2.19 C$
(1.61 $)
3.09 C$
(2.27 $)
     +41.0 %
Markets
Toronto Edit New York, NY Edit
Milk (regular), (1 gallon) 15.58 C$
(11.46 $)
7.63 C$
(5.61 $)
     -51.1 %
Loaf of Fresh White Bread (1 lb) 3.44 C$
(2.53 $)
5.88 C$
(4.33 $)
     +71.1 %
Rice (white), (1 lb) 2.13 C$
(1.57 $)
4.42 C$
(3.25 $)
     +107.4 %
Eggs (regular) (12) 4.71 C$
(3.47 $)
7.72 C$
(5.68 $)
     +63.8 %
Local Cheese (1 lb) 7.25 C$
(5.33 $)
10.41 C$
(7.65 $)
     +43.5 %
Chicken Fillets (1 lb) 7.69 C$
(5.66 $)
9.82 C$
(7.22 $)
     +27.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.66 C$
(6.37 $)
12.29 C$
(9.04 $)
     +42.0 %
Apples (1 lb) 2.41 C$
(1.77 $)
4.26 C$
(3.13 $)
     +76.8 %
Banana (1 lb) 0.83 C$
(0.61 $)
1.24 C$
(0.91 $)
     +49.2 %
Oranges (1 lb) 2.49 C$
(1.83 $)
3.63 C$
(2.67 $)
     +46.1 %
Tomato (1 lb) 2.24 C$
(1.65 $)
3.83 C$
(2.82 $)
     +71.1 %
Potato (1 lb) 1.69 C$
(1.25 $)
2.51 C$
(1.85 $)
     +48.3 %
Onion (1 lb) 1.68 C$
(1.23 $)
2.37 C$
(1.74 $)
     +41.1 %
Lettuce (1 head) 3.10 C$
(2.28 $)
3.91 C$
(2.88 $)
     +26.1 %
Water (1.5 liter bottle) 2.42 C$
(1.78 $)
3.32 C$
(2.45 $)
     +37.6 %
Bottle of Wine (Mid-Range) 19.00 C$
(13.98 $)
27.19 C$
(20.00 $)
     +43.1 %
Domestic Beer (0.5 liter bottle) 3.39 C$
(2.49 $)
3.25 C$
(2.39 $)
     -3.9 %
Imported Beer (12 oz small bottle) 3.77 C$
(2.77 $)
5.20 C$
(3.83 $)
     +38.1 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.71 $)
23.11 C$
(17.00 $)
     +15.5 %
Transportation
Toronto Edit New York, NY Edit
One-way Ticket (Local Transport) 3.35 C$
(2.46 $)
3.94 C$
(2.90 $)
     +17.7 %
Monthly Pass (Regular Price) 156.00 C$
(114.76 $)
179.44 C$
(132.00 $)
     +15.0 %
Taxi Start (Normal Tariff) 5.00 C$
(3.68 $)
6.80 C$
(5.00 $)
     +35.9 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.07 $)
4.42 C$
(3.25 $)
     +56.9 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.80 $)
40.78 C$
(30.00 $)
     +31.6 %
Gasoline (1 gallon) 6.10 C$
(4.49 $)
5.29 C$
(3.89 $)
     -13.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,256.00 C$
(25,199.85 $)
38,062.44 C$
(28,000.00 $)
     +11.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,108.46 C$
(22,148.78 $)
35,189.65 C$
(25,886.68 $)
     +16.9 %
Utilities (Monthly)
Toronto Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 198.27 C$
(145.85 $)
225.80 C$
(166.11 $)
     +13.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 65.36 C$
(48.08 $)
82.67 C$
(60.82 $)
     +26.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 75.33 C$
(55.41 $)
93.84 C$
(69.03 $)
     +24.6 %
Sports And Leisure
Toronto Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 74.12 C$
(54.52 $)
155.47 C$
(114.37 $)
     +109.8 %
Tennis Court Rent (1 Hour on Weekend) 30.06 C$
(22.11 $)
89.49 C$
(65.83 $)
     +197.7 %
Cinema, International Release, 1 Seat 18.00 C$
(13.24 $)
27.19 C$
(20.00 $)
     +51.0 %
Childcare
Toronto Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,528.09 C$
(1,124.11 $)
4,156.89 C$
(3,057.95 $)
     +172.0 %
International Primary School, Yearly for 1 Child 25,810.00 C$
(18,986.69 $)
85,980.34 C$
(63,250.00 $)
     +233.1 %
Clothing And Shoes
Toronto Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 78.03 C$
(57.40 $)
94.28 C$
(69.36 $)
     +20.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.88 C$
(35.96 $)
61.74 C$
(45.42 $)
     +26.3 %
1 Pair of Nike Running Shoes (Mid-Range) 128.82 C$
(94.76 $)
134.16 C$
(98.69 $)
     +4.1 %
1 Pair of Men Leather Business Shoes 161.29 C$
(118.65 $)
223.26 C$
(164.24 $)
     +38.4 %
Rent Per Month
Toronto Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 2,520.52 C$
(1,854.18 $)
5,614.95 C$
(4,130.55 $)
     +122.8 %
Apartment (1 bedroom) Outside of Centre 2,235.71 C$
(1,644.67 $)
3,762.64 C$
(2,767.93 $)
     +68.3 %
Apartment (3 bedrooms) in City Centre 4,368.52 C$
(3,213.63 $)
11,156.02 C$
(8,206.74 $)
     +155.4 %
Apartment (3 bedrooms) Outside of Centre 3,570.00 C$
(2,626.21 $)
5,847.40 C$
(4,301.54 $)
     +63.8 %
Buy Apartment Price
Toronto Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 1,294.15 C$
(952.02 $)
2,135.31 C$
(1,570.81 $)
     +65.0 %
Price per Square Feet to Buy Apartment Outside of Centre 1,029.31 C$
(757.19 $)
1,583.22 C$
(1,164.67 $)
     +53.8 %
Salaries And Financing
Toronto Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,708.36 C$
(3,463.63 $)
8,596.83 C$
(6,324.12 $)
     +82.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.65      +0.6 %
Last update: March 2024March 2024
Contributors in the past 12 months:727486