Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 45.6% higher than in Toronto (without rent) | |
| Consumer Prices Including Rent in New York, NY are 71.6% higher than in Toronto | |
| Rent Prices in New York, NY are 113.1% higher than in Toronto | |
| Restaurant Prices in New York, NY are 49.2% higher than in Toronto | |
| Groceries Prices in New York, NY are 41.4% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 1.7% higher than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.28 $) |
41.02 C$ (30.00 $) |
+64.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (87.77 $) |
177.74 C$ (130.00 $) |
+48.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.97 $) |
16.41 C$ (12.00 $) |
+9.4 % |
| Domestic Beer (1 pint draught) |
8.50 C$ (6.22 $) |
10.94 C$ (8.00 $) |
+28.7 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (7.31 $) |
14.36 C$ (10.50 $) |
+43.6 % |
| Cappuccino (regular) |
5.45 C$ (3.99 $) |
7.60 C$ (5.56 $) |
+39.5 % |
| Coke/Pepsi (12 oz small bottle) |
2.86 C$ (2.09 $) |
4.12 C$ (3.02 $) |
+44.2 % |
| Water (12 oz small bottle) |
2.23 C$ (1.63 $) |
3.13 C$ (2.29 $) |
+40.0 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
15.81 C$ (11.56 $) |
7.95 C$ (5.82 $) |
-49.7 % |
| Loaf of Fresh White Bread (1 lb) |
3.45 C$ (2.52 $) |
5.86 C$ (4.29 $) |
+70.1 % |
| Rice (white), (1 lb) |
2.14 C$ (1.56 $) |
4.44 C$ (3.25 $) |
+107.7 % |
| Eggs (regular) (12) |
4.85 C$ (3.55 $) |
7.46 C$ (5.46 $) |
+53.9 % |
| Local Cheese (1 lb) |
6.84 C$ (5.01 $) |
10.47 C$ (7.65 $) |
+52.9 % |
| Chicken Fillets (1 lb) |
7.71 C$ (5.64 $) |
9.75 C$ (7.13 $) |
+26.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.65 C$ (6.32 $) |
12.36 C$ (9.04 $) |
+43.0 % |
| Apples (1 lb) |
2.44 C$ (1.78 $) |
4.30 C$ (3.14 $) |
+76.2 % |
| Banana (1 lb) |
0.90 C$ (0.66 $) |
1.27 C$ (0.93 $) |
+41.1 % |
| Oranges (1 lb) |
2.48 C$ (1.81 $) |
3.70 C$ (2.70 $) |
+49.0 % |
| Tomato (1 lb) |
2.31 C$ (1.69 $) |
3.85 C$ (2.82 $) |
+66.6 % |
| Potato (1 lb) |
1.67 C$ (1.22 $) |
2.64 C$ (1.93 $) |
+58.1 % |
| Onion (1 lb) |
1.73 C$ (1.27 $) |
2.34 C$ (1.71 $) |
+35.2 % |
| Lettuce (1 head) |
3.13 C$ (2.29 $) |
3.93 C$ (2.88 $) |
+25.8 % |
| Water (1.5 liter bottle) |
2.48 C$ (1.81 $) |
3.32 C$ (2.43 $) |
+34.0 % |
| Bottle of Wine (Mid-Range) |
19.00 C$ (13.90 $) |
27.35 C$ (20.00 $) |
+43.9 % |
| Domestic Beer (0.5 liter bottle) |
3.42 C$ (2.50 $) |
3.46 C$ (2.53 $) |
+1.0 % |
| Imported Beer (12 oz small bottle) |
3.87 C$ (2.83 $) |
5.23 C$ (3.83 $) |
+35.3 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.63 $) |
23.24 C$ (17.00 $) |
+16.2 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (2.45 $) |
3.97 C$ (2.90 $) |
+18.4 % |
| Monthly Pass (Regular Price) |
156.00 C$ (114.10 $) |
180.48 C$ (132.00 $) |
+15.7 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.66 $) |
6.84 C$ (5.00 $) |
+36.7 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (2.06 $) |
4.79 C$ (3.50 $) |
+69.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (22.67 $) |
41.02 C$ (30.00 $) |
+32.3 % |
| Gasoline (1 gallon) |
6.11 C$ (4.47 $) |
5.29 C$ (3.87 $) |
-13.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,350.00 C$ (25,123.11 $) |
38,283.48 C$ (28,000.00 $) |
+11.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
30,657.50 C$ (22,422.47 $) |
36,989.03 C$ (27,053.26 $) |
+20.7 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
168.75 C$ (123.42 $) |
242.52 C$ (177.38 $) |
+43.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
65.47 C$ (47.89 $) |
86.09 C$ (62.96 $) |
+31.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
73.52 C$ (53.77 $) |
95.40 C$ (69.77 $) |
+29.7 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
73.61 C$ (53.84 $) |
180.67 C$ (132.14 $) |
+145.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
29.11 C$ (21.29 $) |
101.41 C$ (74.17 $) |
+248.3 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (13.16 $) |
27.35 C$ (20.00 $) |
+51.9 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,545.84 C$ (1,130.61 $) |
4,191.55 C$ (3,065.64 $) |
+171.2 % |
| International Primary School, Yearly for 1 Child |
24,963.85 C$ (18,258.21 $) |
86,479.64 C$ (63,250.00 $) |
+246.4 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
80.54 C$ (58.90 $) |
94.10 C$ (68.82 $) |
+16.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
50.62 C$ (37.02 $) |
62.10 C$ (45.42 $) |
+22.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
133.33 C$ (97.52 $) |
132.62 C$ (97.00 $) |
-0.5 % |
| 1 Pair of Men Leather Business Shoes |
161.74 C$ (118.29 $) |
226.78 C$ (165.86 $) |
+40.2 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,510.43 C$ (1,836.10 $) |
5,690.76 C$ (4,162.14 $) |
+126.7 % |
| Apartment (1 bedroom) Outside of Centre |
2,234.56 C$ (1,634.33 $) |
3,982.00 C$ (2,912.38 $) |
+78.2 % |
| Apartment (3 bedrooms) in City Centre |
4,452.94 C$ (3,256.82 $) |
11,530.00 C$ (8,432.88 $) |
+158.9 % |
| Apartment (3 bedrooms) Outside of Centre |
3,612.13 C$ (2,641.86 $) |
6,058.95 C$ (4,431.43 $) |
+67.7 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,307.77 C$ (956.49 $) |
2,322.76 C$ (1,698.83 $) |
+77.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,020.96 C$ (746.72 $) |
1,630.80 C$ (1,192.75 $) |
+59.7 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,699.37 C$ (3,437.05 $) |
8,204.04 C$ (6,000.32 $) |
+74.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.56 | 6.67 | +1.7 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 777 | 505 |
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 |