Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Cost of Living in New York, NY is 59.7% higher than in Toronto (without rent) | |
| Cost of Living Including Rent in New York, NY is 87.0% higher than in Toronto | |
| Rent Prices in New York, NY are 138.3% higher than in Toronto | |
| Restaurant Prices in New York, NY are 49.9% higher than in Toronto | |
| Groceries Prices in New York, NY are 51.0% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 11.2% lower than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
26.00 C$ (18.53 $) |
42.10 C$ (30.00 $) |
+61.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (85.52 $) |
182.41 C$ (130.00 $) |
+52.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.69 $) |
16.84 C$ (12.00 $) |
+12.3 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.70 $) |
12.63 C$ (9.00 $) |
+57.9 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (7.13 $) |
16.84 C$ (12.00 $) |
+68.4 % |
| Cappuccino (regular) |
5.53 C$ (3.94 $) |
8.25 C$ (5.88 $) |
+49.1 % |
| Coke/Pepsi (12 oz small bottle) |
3.11 C$ (2.22 $) |
4.41 C$ (3.14 $) |
+41.7 % |
| Water (12 oz small bottle) |
2.37 C$ (1.69 $) |
3.30 C$ (2.35 $) |
+39.0 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
15.71 C$ (11.20 $) |
8.28 C$ (5.90 $) |
-47.3 % |
| Loaf of Fresh White Bread (1 lb) |
3.52 C$ (2.51 $) |
6.35 C$ (4.53 $) |
+80.5 % |
| Rice (white), (1 lb) |
2.09 C$ (1.49 $) |
5.15 C$ (3.67 $) |
+146.3 % |
| Eggs (regular) (12) |
4.66 C$ (3.32 $) |
7.31 C$ (5.21 $) |
+56.9 % |
| Local Cheese (1 lb) |
7.57 C$ (5.39 $) |
11.42 C$ (8.14 $) |
+50.9 % |
| Chicken Fillets (1 lb) |
7.76 C$ (5.53 $) |
9.93 C$ (7.08 $) |
+27.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.02 C$ (6.43 $) |
13.31 C$ (9.49 $) |
+47.6 % |
| Apples (1 lb) |
2.47 C$ (1.76 $) |
4.72 C$ (3.36 $) |
+90.9 % |
| Banana (1 lb) |
0.81 C$ (0.57 $) |
1.56 C$ (1.11 $) |
+93.4 % |
| Oranges (1 lb) |
2.09 C$ (1.49 $) |
4.06 C$ (2.90 $) |
+94.3 % |
| Tomato (1 lb) |
2.48 C$ (1.77 $) |
3.97 C$ (2.83 $) |
+60.2 % |
| Potato (1 lb) |
1.48 C$ (1.06 $) |
2.60 C$ (1.85 $) |
+75.3 % |
| Onion (1 lb) |
1.71 C$ (1.22 $) |
2.48 C$ (1.76 $) |
+44.7 % |
| Lettuce (1 head) |
3.07 C$ (2.19 $) |
4.58 C$ (3.26 $) |
+49.0 % |
| Water (1.5 liter bottle) |
2.30 C$ (1.64 $) |
3.53 C$ (2.52 $) |
+53.7 % |
| Bottle of Wine (Mid-Range) |
18.00 C$ (12.83 $) |
28.06 C$ (20.00 $) |
+55.9 % |
| Domestic Beer (0.5 liter bottle) |
3.53 C$ (2.51 $) |
4.06 C$ (2.89 $) |
+15.2 % |
| Imported Beer (12 oz small bottle) |
4.17 C$ (2.97 $) |
5.16 C$ (3.68 $) |
+23.8 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.25 $) |
23.85 C$ (17.00 $) |
+19.3 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (2.39 $) |
4.07 C$ (2.90 $) |
+21.5 % |
| Monthly Pass (Regular Price) |
156.00 C$ (111.18 $) |
186.62 C$ (133.00 $) |
+19.6 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.56 $) |
7.02 C$ (5.00 $) |
+40.3 % |
| Taxi 1 mile (Normal Tariff) |
3.22 C$ (2.29 $) |
4.91 C$ (3.50 $) |
+52.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (22.09 $) |
54.72 C$ (39.00 $) |
+76.5 % |
| Gasoline (1 gallon) |
6.02 C$ (4.29 $) |
5.39 C$ (3.84 $) |
-10.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,619.50 C$ (24,672.21 $) |
49,111.23 C$ (35,000.00 $) |
+41.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
29,256.50 C$ (20,850.17 $) |
39,518.99 C$ (28,163.92 $) |
+35.1 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
144.50 C$ (102.98 $) |
253.84 C$ (180.90 $) |
+75.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
54.62 C$ (38.93 $) |
92.02 C$ (65.58 $) |
+68.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
70.06 C$ (49.93 $) |
94.57 C$ (67.40 $) |
+35.0 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
68.39 C$ (48.74 $) |
207.59 C$ (147.94 $) |
+203.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
25.52 C$ (18.19 $) |
101.34 C$ (72.22 $) |
+297.0 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (12.83 $) |
28.06 C$ (20.00 $) |
+55.9 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,585.65 C$ (1,130.04 $) |
4,472.92 C$ (3,187.71 $) |
+182.1 % |
| International Primary School, Yearly for 1 Child |
23,769.23 C$ (16,939.57 $) |
82,787.50 C$ (59,000.00 $) |
+248.3 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.76 C$ (58.98 $) |
93.53 C$ (66.66 $) |
+13.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
53.33 C$ (38.01 $) |
67.02 C$ (47.76 $) |
+25.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
128.62 C$ (91.67 $) |
153.73 C$ (109.56 $) |
+19.5 % |
| 1 Pair of Men Leather Business Shoes |
161.50 C$ (115.10 $) |
244.54 C$ (174.27 $) |
+51.4 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,514.14 C$ (1,791.75 $) |
5,637.95 C$ (4,017.99 $) |
+124.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,122.12 C$ (1,512.37 $) |
4,022.21 C$ (2,866.50 $) |
+89.5 % |
| Apartment (3 bedrooms) in City Centre |
4,212.00 C$ (3,001.76 $) |
12,338.53 C$ (8,793.28 $) |
+192.9 % |
| Apartment (3 bedrooms) Outside of Centre |
3,474.44 C$ (2,476.13 $) |
7,365.56 C$ (5,249.20 $) |
+112.0 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,224.65 C$ (872.77 $) |
2,537.42 C$ (1,808.34 $) |
+107.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
998.31 C$ (711.46 $) |
1,869.03 C$ (1,332.00 $) |
+87.2 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,794.51 C$ (3,416.90 $) |
7,959.31 C$ (5,672.35 $) |
+66.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.09 | 6.66 | +9.4 % |
| Last update: | December 2024 | December 2024 | |
| Contributors in the past 12 months: | 736 | 454 |
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 Glen Cove, New York | 30.15 miles |