Cost of Living Comparison Between Toronto and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 46.7% higher than in Toronto (without rent)
Consumer Prices Including Rent in New York, NY are 72.0% higher than in Toronto
Rent Prices in New York, NY are 112.7% higher than in Toronto
Restaurant Prices in New York, NY are 50.1% higher than in Toronto
Groceries Prices in New York, NY are 43.1% higher than in Toronto
Local Purchasing Power in New York, NY is 3.2% higher than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(18.12 $)
41.39 C$
(30.00 $)
     +65.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(86.98 $)
179.35 C$
(130.00 $)
     +49.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.87 $)
16.56 C$
(12.00 $)
     +10.4 %
Domestic Beer (1 pint draught) 8.50 C$
(6.16 $)
11.04 C$
(8.00 $)
     +29.8 %
Imported Beer (12 oz small bottle) 10.00 C$
(7.25 $)
13.80 C$
(10.00 $)
     +38.0 %
Cappuccino (regular) 5.47 C$
(3.96 $)
7.72 C$
(5.60 $)
     +41.3 %
Coke/Pepsi (12 oz small bottle) 2.86 C$
(2.07 $)
4.18 C$
(3.03 $)
     +46.4 %
Water (12 oz small bottle) 2.22 C$
(1.61 $)
3.15 C$
(2.29 $)
     +42.1 %
Markets
Toronto Edit New York, NY Edit
Milk (regular), (1 gallon) 15.89 C$
(11.52 $)
8.15 C$
(5.91 $)
     -48.7 %
Loaf of Fresh White Bread (1 lb) 3.42 C$
(2.48 $)
5.94 C$
(4.30 $)
     +73.4 %
Rice (white), (1 lb) 2.17 C$
(1.57 $)
4.48 C$
(3.25 $)
     +106.7 %
Eggs (regular) (12) 4.87 C$
(3.53 $)
7.53 C$
(5.46 $)
     +54.7 %
Local Cheese (1 lb) 6.76 C$
(4.90 $)
10.56 C$
(7.65 $)
     +56.1 %
Chicken Fillets (1 lb) 7.69 C$
(5.58 $)
9.91 C$
(7.18 $)
     +28.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.50 C$
(6.16 $)
12.47 C$
(9.04 $)
     +46.8 %
Apples (1 lb) 2.45 C$
(1.78 $)
4.34 C$
(3.14 $)
     +77.1 %
Banana (1 lb) 0.90 C$
(0.65 $)
1.28 C$
(0.93 $)
     +41.8 %
Oranges (1 lb) 2.46 C$
(1.78 $)
3.73 C$
(2.70 $)
     +51.6 %
Tomato (1 lb) 2.31 C$
(1.67 $)
3.88 C$
(2.82 $)
     +68.1 %
Potato (1 lb) 1.69 C$
(1.22 $)
2.66 C$
(1.93 $)
     +57.8 %
Onion (1 lb) 1.70 C$
(1.23 $)
2.36 C$
(1.71 $)
     +38.7 %
Lettuce (1 head) 3.13 C$
(2.27 $)
3.97 C$
(2.88 $)
     +26.6 %
Water (1.5 liter bottle) 2.45 C$
(1.77 $)
3.35 C$
(2.43 $)
     +36.8 %
Bottle of Wine (Mid-Range) 19.00 C$
(13.77 $)
27.59 C$
(20.00 $)
     +45.2 %
Domestic Beer (0.5 liter bottle) 3.37 C$
(2.44 $)
3.49 C$
(2.53 $)
     +3.4 %
Imported Beer (12 oz small bottle) 3.88 C$
(2.81 $)
5.28 C$
(3.83 $)
     +36.1 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.50 $)
23.45 C$
(17.00 $)
     +17.3 %
Transportation
Toronto Edit New York, NY Edit
One-way Ticket (Local Transport) 3.35 C$
(2.43 $)
4.00 C$
(2.90 $)
     +19.4 %
Monthly Pass (Regular Price) 156.00 C$
(113.08 $)
182.11 C$
(132.00 $)
     +16.7 %
Taxi Start (Normal Tariff) 5.00 C$
(3.62 $)
6.90 C$
(5.00 $)
     +38.0 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.04 $)
4.83 C$
(3.50 $)
     +71.4 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.47 $)
41.39 C$
(30.00 $)
     +33.5 %
Gasoline (1 gallon) 6.10 C$
(4.42 $)
5.38 C$
(3.90 $)
     -11.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$
(24,898.67 $)
38,628.58 C$
(28,000.00 $)
     +12.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,210.61 C$
(21,898.22 $)
37,322.46 C$
(27,053.26 $)
     +23.5 %
Utilities (Monthly)
Toronto Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 182.71 C$
(132.44 $)
240.15 C$
(174.07 $)
     +31.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 66.90 C$
(48.50 $)
86.86 C$
(62.96 $)
     +29.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 74.16 C$
(53.75 $)
96.86 C$
(70.21 $)
     +30.6 %
Sports And Leisure
Toronto Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 71.73 C$
(51.99 $)
182.30 C$
(132.14 $)
     +154.2 %
Tennis Court Rent (1 Hour on Weekend) 27.88 C$
(20.21 $)
102.32 C$
(74.17 $)
     +267.0 %
Cinema, International Release, 1 Seat 18.00 C$
(13.05 $)
27.59 C$
(20.00 $)
     +53.3 %
Childcare
Toronto Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,526.92 C$
(1,106.79 $)
4,229.33 C$
(3,065.64 $)
     +177.0 %
International Primary School, Yearly for 1 Child 25,044.17 C$
(18,153.31 $)
87,259.19 C$
(63,250.00 $)
     +248.4 %
Clothing And Shoes
Toronto Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.82 C$
(58.58 $)
94.95 C$
(68.82 $)
     +17.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.62 C$
(36.69 $)
62.66 C$
(45.42 $)
     +23.8 %
1 Pair of Nike Running Shoes (Mid-Range) 132.27 C$
(95.88 $)
133.82 C$
(97.00 $)
     +1.2 %
1 Pair of Men Leather Business Shoes 161.33 C$
(116.94 $)
228.82 C$
(165.86 $)
     +41.8 %
Rent Per Month
Toronto Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 2,512.09 C$
(1,820.89 $)
5,780.23 C$
(4,189.81 $)
     +130.1 %
Apartment (1 bedroom) Outside of Centre 2,235.61 C$
(1,620.48 $)
3,961.84 C$
(2,871.75 $)
     +77.2 %
Apartment (3 bedrooms) in City Centre 4,425.00 C$
(3,207.47 $)
11,381.91 C$
(8,250.20 $)
     +157.2 %
Apartment (3 bedrooms) Outside of Centre 3,614.83 C$
(2,620.22 $)
6,067.02 C$
(4,397.69 $)
     +67.8 %
Buy Apartment Price
Toronto Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 1,278.31 C$
(926.59 $)
2,268.84 C$
(1,644.57 $)
     +77.5 %
Price per Square Feet to Buy Apartment Outside of Centre 1,020.96 C$
(740.04 $)
1,506.12 C$
(1,091.71 $)
     +47.5 %
Salaries And Financing
Toronto Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,734.66 C$
(3,431.93 $)
8,403.76 C$
(6,091.48 $)
     +77.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 6.65      +1.5 %
Last update: April 2024April 2024
Contributors in the past 12 months:767495