Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Cost of Living in New York, NY is 54.0% higher than in Toronto (without rent) | |
| Cost of Living Including Rent in New York, NY is 83.3% higher than in Toronto | |
| Rent Prices in New York, NY are 136.7% higher than in Toronto | |
| Restaurant Prices in New York, NY are 43.5% higher than in Toronto | |
| Groceries Prices in New York, NY are 43.5% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 17.5% lower than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
26.00 C$ (18.82 $) |
41.44 C$ (30.00 $) |
+59.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (86.87 $) |
172.67 C$ (125.00 $) |
+43.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.86 $) |
16.58 C$ (12.00 $) |
+10.5 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.79 $) |
11.05 C$ (8.00 $) |
+38.1 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (7.24 $) |
13.81 C$ (10.00 $) |
+38.1 % |
| Cappuccino (regular) |
5.57 C$ (4.03 $) |
7.89 C$ (5.71 $) |
+41.5 % |
| Coke/Pepsi (12 oz small bottle) |
2.90 C$ (2.10 $) |
4.22 C$ (3.06 $) |
+45.6 % |
| Water (12 oz small bottle) |
2.19 C$ (1.59 $) |
3.17 C$ (2.30 $) |
+44.6 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
15.40 C$ (11.15 $) |
7.62 C$ (5.51 $) |
-50.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.43 C$ (2.48 $) |
5.86 C$ (4.24 $) |
+71.0 % |
| Rice (white), (1 lb) |
2.13 C$ (1.54 $) |
4.65 C$ (3.36 $) |
+117.8 % |
| Eggs (regular) (12) |
4.59 C$ (3.32 $) |
7.14 C$ (5.17 $) |
+55.5 % |
| Local Cheese (1 lb) |
6.75 C$ (4.89 $) |
10.47 C$ (7.58 $) |
+55.0 % |
| Chicken Fillets (1 lb) |
7.76 C$ (5.62 $) |
9.18 C$ (6.65 $) |
+18.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.27 C$ (5.99 $) |
12.15 C$ (8.80 $) |
+46.9 % |
| Apples (1 lb) |
2.37 C$ (1.72 $) |
4.28 C$ (3.10 $) |
+80.2 % |
| Banana (1 lb) |
0.94 C$ (0.68 $) |
1.32 C$ (0.95 $) |
+39.2 % |
| Oranges (1 lb) |
2.22 C$ (1.61 $) |
3.72 C$ (2.69 $) |
+67.2 % |
| Tomato (1 lb) |
2.33 C$ (1.69 $) |
3.77 C$ (2.73 $) |
+61.6 % |
| Potato (1 lb) |
1.54 C$ (1.11 $) |
2.38 C$ (1.72 $) |
+55.2 % |
| Onion (1 lb) |
1.64 C$ (1.19 $) |
2.39 C$ (1.73 $) |
+45.8 % |
| Lettuce (1 head) |
3.03 C$ (2.19 $) |
4.41 C$ (3.19 $) |
+45.6 % |
| Water (1.5 liter bottle) |
2.38 C$ (1.72 $) |
3.26 C$ (2.36 $) |
+37.3 % |
| Bottle of Wine (Mid-Range) |
18.00 C$ (13.03 $) |
27.63 C$ (20.00 $) |
+53.5 % |
| Domestic Beer (0.5 liter bottle) |
3.51 C$ (2.54 $) |
3.80 C$ (2.75 $) |
+8.2 % |
| Imported Beer (12 oz small bottle) |
3.81 C$ (2.75 $) |
5.09 C$ (3.69 $) |
+33.9 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.48 $) |
23.48 C$ (17.00 $) |
+17.4 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (2.43 $) |
4.01 C$ (2.90 $) |
+19.6 % |
| Monthly Pass (Regular Price) |
156.00 C$ (112.93 $) |
182.34 C$ (132.00 $) |
+16.9 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.62 $) |
6.91 C$ (5.00 $) |
+38.1 % |
| Taxi 1 mile (Normal Tariff) |
3.22 C$ (2.33 $) |
4.83 C$ (3.50 $) |
+50.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
33.00 C$ (23.89 $) |
46.97 C$ (34.00 $) |
+42.3 % |
| Gasoline (1 gallon) |
5.97 C$ (4.32 $) |
5.29 C$ (3.83 $) |
-11.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (24,598.03 $) |
48,346.55 C$ (35,000.00 $) |
+42.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
29,868.48 C$ (21,622.99 $) |
39,041.79 C$ (28,263.92 $) |
+30.7 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
161.93 C$ (117.23 $) |
236.51 C$ (171.22 $) |
+46.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
61.13 C$ (44.25 $) |
93.83 C$ (67.93 $) |
+53.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
71.41 C$ (51.69 $) |
92.29 C$ (66.81 $) |
+29.2 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
67.03 C$ (48.52 $) |
201.12 C$ (145.60 $) |
+200.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
27.33 C$ (19.79 $) |
102.74 C$ (74.38 $) |
+275.9 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (13.03 $) |
27.63 C$ (20.00 $) |
+53.5 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,545.84 C$ (1,119.10 $) |
4,376.05 C$ (3,168.00 $) |
+183.1 % |
| International Primary School, Yearly for 1 Child |
24,692.31 C$ (17,875.75 $) |
80,117.14 C$ (58,000.00 $) |
+224.5 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.91 C$ (57.85 $) |
95.26 C$ (68.96 $) |
+19.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
49.92 C$ (36.14 $) |
64.99 C$ (47.05 $) |
+30.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
134.69 C$ (97.51 $) |
143.47 C$ (103.86 $) |
+6.5 % |
| 1 Pair of Men Leather Business Shoes |
159.70 C$ (115.62 $) |
226.71 C$ (164.12 $) |
+42.0 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,508.60 C$ (1,816.08 $) |
5,901.17 C$ (4,272.10 $) |
+135.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,141.79 C$ (1,550.53 $) |
4,203.51 C$ (3,043.09 $) |
+96.3 % |
| Apartment (3 bedrooms) in City Centre |
4,480.77 C$ (3,243.81 $) |
13,007.73 C$ (9,416.82 $) |
+190.3 % |
| Apartment (3 bedrooms) Outside of Centre |
3,609.57 C$ (2,613.11 $) |
7,048.59 C$ (5,102.76 $) |
+95.3 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,314.60 C$ (951.69 $) |
2,618.52 C$ (1,895.65 $) |
+99.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,008.95 C$ (730.42 $) |
2,196.05 C$ (1,589.81 $) |
+117.7 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,958.45 C$ (3,589.62 $) |
7,496.03 C$ (5,426.68 $) |
+51.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.42 | 7.24 | +12.8 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 781 | 513 |
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 |