Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 45.5% higher than in Toronto (without rent) | |
| Consumer Prices Including Rent in New York, NY are 71.8% higher than in Toronto | |
| Rent Prices in New York, NY are 113.8% higher than in Toronto | |
| Restaurant Prices in New York, NY are 49.5% higher than in Toronto | |
| Groceries Prices in New York, NY are 41.5% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 0.3% lower than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.25 $) |
41.10 C$ (30.00 $) |
+64.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (87.60 $) |
178.08 C$ (130.00 $) |
+48.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.95 $) |
16.44 C$ (12.00 $) |
+9.6 % |
| Domestic Beer (1 pint draught) |
8.50 C$ (6.21 $) |
10.96 C$ (8.00 $) |
+28.9 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (7.30 $) |
14.38 C$ (10.50 $) |
+43.8 % |
| Cappuccino (regular) |
5.45 C$ (3.98 $) |
7.62 C$ (5.56 $) |
+39.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.87 C$ (2.10 $) |
4.13 C$ (3.02 $) |
+43.8 % |
| Water (12 oz small bottle) |
2.25 C$ (1.64 $) |
3.13 C$ (2.29 $) |
+39.1 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
16.09 C$ (11.74 $) |
7.97 C$ (5.82 $) |
-50.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.43 C$ (2.50 $) |
5.87 C$ (4.29 $) |
+71.4 % |
| Rice (white), (1 lb) |
2.16 C$ (1.58 $) |
4.45 C$ (3.25 $) |
+106.3 % |
| Eggs (regular) (12) |
4.89 C$ (3.57 $) |
7.48 C$ (5.46 $) |
+52.8 % |
| Local Cheese (1 lb) |
6.88 C$ (5.02 $) |
10.49 C$ (7.65 $) |
+52.4 % |
| Chicken Fillets (1 lb) |
7.77 C$ (5.67 $) |
9.77 C$ (7.13 $) |
+25.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.65 C$ (6.31 $) |
12.39 C$ (9.04 $) |
+43.3 % |
| Apples (1 lb) |
2.44 C$ (1.78 $) |
4.31 C$ (3.14 $) |
+76.5 % |
| Banana (1 lb) |
0.90 C$ (0.65 $) |
1.27 C$ (0.93 $) |
+41.3 % |
| Oranges (1 lb) |
2.48 C$ (1.81 $) |
3.70 C$ (2.70 $) |
+49.3 % |
| Tomato (1 lb) |
2.31 C$ (1.69 $) |
3.86 C$ (2.82 $) |
+66.9 % |
| Potato (1 lb) |
1.67 C$ (1.22 $) |
2.65 C$ (1.93 $) |
+58.4 % |
| Onion (1 lb) |
1.72 C$ (1.25 $) |
2.35 C$ (1.71 $) |
+36.6 % |
| Lettuce (1 head) |
3.11 C$ (2.27 $) |
3.94 C$ (2.88 $) |
+26.9 % |
| Water (1.5 liter bottle) |
2.46 C$ (1.80 $) |
3.32 C$ (2.43 $) |
+35.1 % |
| Bottle of Wine (Mid-Range) |
19.00 C$ (13.87 $) |
27.40 C$ (20.00 $) |
+44.2 % |
| Domestic Beer (0.5 liter bottle) |
3.42 C$ (2.50 $) |
3.46 C$ (2.53 $) |
+1.2 % |
| Imported Beer (12 oz small bottle) |
3.87 C$ (2.82 $) |
5.24 C$ (3.83 $) |
+35.5 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.60 $) |
23.29 C$ (17.00 $) |
+16.4 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (2.45 $) |
3.97 C$ (2.90 $) |
+18.6 % |
| Monthly Pass (Regular Price) |
156.00 C$ (113.88 $) |
180.82 C$ (132.00 $) |
+15.9 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.65 $) |
6.85 C$ (5.00 $) |
+37.0 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (2.06 $) |
4.79 C$ (3.50 $) |
+70.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (22.63 $) |
41.10 C$ (30.00 $) |
+32.6 % |
| Gasoline (1 gallon) |
6.11 C$ (4.46 $) |
5.30 C$ (3.87 $) |
-13.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,350.00 C$ (25,075.68 $) |
38,355.88 C$ (28,000.00 $) |
+11.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
30,657.50 C$ (22,380.14 $) |
37,058.99 C$ (27,053.26 $) |
+20.9 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
170.84 C$ (124.71 $) |
235.08 C$ (171.61 $) |
+37.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
65.85 C$ (48.07 $) |
84.49 C$ (61.68 $) |
+28.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
73.74 C$ (53.83 $) |
95.97 C$ (70.06 $) |
+30.1 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
73.47 C$ (53.63 $) |
181.02 C$ (132.14 $) |
+146.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
29.11 C$ (21.25 $) |
101.60 C$ (74.17 $) |
+249.0 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (13.14 $) |
27.40 C$ (20.00 $) |
+52.2 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,545.84 C$ (1,128.47 $) |
4,199.48 C$ (3,065.64 $) |
+171.7 % |
| International Primary School, Yearly for 1 Child |
24,963.85 C$ (18,223.74 $) |
86,643.20 C$ (63,250.00 $) |
+247.1 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
80.54 C$ (58.79 $) |
94.28 C$ (68.82 $) |
+17.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
50.62 C$ (36.95 $) |
62.22 C$ (45.42 $) |
+22.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
133.33 C$ (97.33 $) |
132.88 C$ (97.00 $) |
-0.3 % |
| 1 Pair of Men Leather Business Shoes |
161.74 C$ (118.07 $) |
227.21 C$ (165.86 $) |
+40.5 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,512.26 C$ (1,833.97 $) |
5,701.52 C$ (4,162.14 $) |
+126.9 % |
| Apartment (1 bedroom) Outside of Centre |
2,230.15 C$ (1,628.02 $) |
3,989.53 C$ (2,912.38 $) |
+78.9 % |
| Apartment (3 bedrooms) in City Centre |
4,452.24 C$ (3,250.16 $) |
11,551.81 C$ (8,432.88 $) |
+159.5 % |
| Apartment (3 bedrooms) Outside of Centre |
3,602.30 C$ (2,629.69 $) |
6,070.41 C$ (4,431.43 $) |
+68.5 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,307.77 C$ (954.68 $) |
2,327.15 C$ (1,698.83 $) |
+77.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,020.96 C$ (745.31 $) |
1,633.89 C$ (1,192.75 $) |
+60.0 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,746.80 C$ (3,465.19 $) |
8,130.10 C$ (5,935.02 $) |
+71.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.57 | 6.67 | +1.5 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 772 | 502 |
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 |