Cost of Living Comparison Between New York, NY and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 24.83% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Toronto are 36.73% lower than in New York, NY
Rent Prices in Toronto are 49.68% lower than in New York, NY
Restaurant Prices in Toronto are 24.43% lower than in New York, NY
Groceries Prices in Toronto are 31.59% lower than in New York, NY
Local Purchasing Power in Toronto is 14.91% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 20.50 $
(26.02 C$)
15.76 $
(20.00 C$)
     -23.14 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(126.93 C$)
70.90 $
(90.00 C$)
     -29.10 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.50 $
(12.06 C$)
8.67 $
(11.00 C$)
     -8.78 %
Domestic Beer (1 pint draught) 7.50 $
(9.52 C$)
5.51 $
(7.00 C$)
     -26.47 %
Imported Beer (12 oz small bottle) 8.45 $
(10.73 C$)
6.74 $
(8.55 C$)
     -20.26 %
Cappuccino (regular) 4.79 $
(6.08 C$)
3.54 $
(4.49 C$)
     -26.22 %
Coke/Pepsi (12 oz small bottle) 2.13 $
(2.70 C$)
1.93 $
(2.45 C$)
     -9.31 %
Water (12 oz small bottle) 1.73 $
(2.19 C$)
1.56 $
(1.98 C$)
     -9.62 %
Markets
New York, NY Edit Toronto Edit
Milk (regular), (1 gallon) 4.58 $
(5.82 C$)
9.20 $
(11.68 C$)
     +100.64 %
Loaf of Fresh White Bread (1 lb) 3.55 $
(4.51 C$)
2.05 $
(2.60 C$)
     -42.31 %
Rice (white), (1 lb) 2.57 $
(3.26 C$)
1.35 $
(1.71 C$)
     -47.50 %
Eggs (regular) (12) 3.37 $
(4.28 C$)
2.64 $
(3.35 C$)
     -21.66 %
Local Cheese (1 lb) 6.76 $
(8.58 C$)
4.95 $
(6.29 C$)
     -26.69 %
Chicken Fillets (1 lb) 6.35 $
(8.06 C$)
4.89 $
(6.21 C$)
     -22.95 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.70 $
(9.78 C$)
5.70 $
(7.24 C$)
     -25.94 %
Apples (1 lb) 2.81 $
(3.57 C$)
1.45 $
(1.84 C$)
     -48.42 %
Banana (1 lb) 1.28 $
(1.62 C$)
0.56 $
(0.72 C$)
     -55.88 %
Oranges (1 lb) 2.44 $
(3.10 C$)
1.25 $
(1.59 C$)
     -48.83 %
Tomato (1 lb) 2.68 $
(3.41 C$)
1.35 $
(1.71 C$)
     -49.87 %
Potato (1 lb) 1.95 $
(2.47 C$)
1.09 $
(1.39 C$)
     -43.83 %
Onion (1 lb) 1.82 $
(2.30 C$)
0.94 $
(1.20 C$)
     -48.12 %
Lettuce (1 head) 2.24 $
(2.84 C$)
1.99 $
(2.53 C$)
     -11.17 %
Water (1.5 liter bottle) 2.11 $
(2.68 C$)
1.69 $
(2.15 C$)
     -19.75 %
Bottle of Wine (Mid-Range) 15.00 $
(19.04 C$)
13.00 $
(16.50 C$)
     -13.34 %
Domestic Beer (0.5 liter bottle) 3.06 $
(3.89 C$)
2.61 $
(3.32 C$)
     -14.59 %
Imported Beer (12 oz small bottle) 3.01 $
(3.82 C$)
2.87 $
(3.65 C$)
     -4.61 %
Cigarettes 20 Pack (Marlboro) 15.00 $
(19.04 C$)
11.82 $
(15.00 C$)
     -21.22 %
Transportation
New York, NY Edit Toronto Edit
One-way Ticket (Local Transport) 2.75 $
(3.49 C$)
2.56 $
(3.25 C$)
     -6.90 %
Monthly Pass (Regular Price) 127.00 $
(161.21 C$)
122.11 $
(155.00 C$)
     -3.85 %
Taxi Start (Normal Tariff) 3.50 $
(4.44 C$)
3.35 $
(4.25 C$)
     -4.34 %
Taxi 1 mile (Normal Tariff) 3.00 $
(3.81 C$)
2.54 $
(3.22 C$)
     -15.48 %
Taxi 1hour Waiting (Normal Tariff) 35.00 $
(44.43 C$)
24.45 $
(31.03 C$)
     -30.15 %
Gasoline (1 gallon) 2.63 $
(3.34 C$)
3.16 $
(4.01 C$)
     +19.88 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,000.00 $
(27,925.48 C$)
20,601.26 $
(26,150.00 C$)
     -6.36 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,305.99 $
(27,044.54 C$)
19,983.75 $
(25,366.17 C$)
     -6.21 %
Utilities (Monthly)
New York, NY Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 148.04 $
(187.91 C$)
122.68 $
(155.73 C$)
     -17.13 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $
(0.14 C$)
0.29 $
(0.37 C$)
     +164.99 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 66.85 $
(84.86 C$)
55.59 $
(70.57 C$)
     -16.84 %
Sports And Leisure
New York, NY Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 84.21 $
(106.89 C$)
44.23 $
(56.14 C$)
     -47.48 %
Tennis Court Rent (1 Hour on Weekend) 36.75 $
(46.65 C$)
21.27 $
(27.00 C$)
     -42.12 %
Cinema, International Release, 1 Seat 16.49 $
(20.94 C$)
11.82 $
(15.00 C$)
     -28.36 %
Childcare
New York, NY Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,518.44 $
(3,196.75 C$)
1,341.08 $
(1,702.29 C$)
     -46.75 %
International Primary School, Yearly for 1 Child 39,200.00 $
(49,758.13 C$)
21,149.57 $
(26,846.00 C$)
     -46.05 %
Clothing And Shoes
New York, NY Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 59.48 $
(75.49 C$)
60.52 $
(76.82 C$)
     +1.75 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.58 $
(52.78 C$)
37.00 $
(46.96 C$)
     -11.02 %
1 Pair of Nike Running Shoes (Mid-Range) 89.88 $
(114.09 C$)
85.82 $
(108.94 C$)
     -4.52 %
1 Pair of Men Leather Business Shoes 131.11 $
(166.43 C$)
110.45 $
(140.20 C$)
     -15.76 %
Rent Per Month
New York, NY Edit Toronto Edit
Apartment (1 bedroom) in City Centre 3,298.31 $
(4,186.68 C$)
1,643.36 $
(2,085.98 C$)
     -50.18 %
Apartment (1 bedroom) Outside of Centre 2,028.46 $
(2,574.81 C$)
1,373.38 $
(1,743.28 C$)
     -32.29 %
Apartment (3 bedrooms) in City Centre 6,729.98 $
(8,542.63 C$)
2,741.76 $
(3,480.22 C$)
     -59.26 %
Apartment (3 bedrooms) Outside of Centre 3,576.86 $
(4,540.25 C$)
2,108.60 $
(2,676.53 C$)
     -41.05 %
Buy Apartment Price
New York, NY Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 1,515.09 $
(1,923.16 C$)
841.41 $
(1,068.03 C$)
     -44.46 %
Price per Square Feet to Buy Apartment Outside of Centre 747.74 $
(949.13 C$)
674.46 $
(856.12 C$)
     -9.80 %
Salaries And Financing
New York, NY Edit Toronto Edit
Average Monthly Net Salary (After Tax) 6,089.69 $
(7,729.89 C$)
3,278.38 $
(4,161.38 C$)
     -46.17 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.78 2.95      -21.80 %
Last update: January 2021January 2021
Contributors in the past 12 months:325719