Cost of Living Comparison Between New York, NY and Toronto 
| Indices Difference |  |
|---|---|
| Consumer Prices in Toronto are 33.2% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Toronto are 43.2% lower than in New York, NY | |
| Rent Prices in Toronto are 54.2% lower than in New York, NY | |
| Restaurant Prices in Toronto are 33.6% lower than in New York, NY | |
| Groceries Prices in Toronto are 28.2% lower than in New York, NY | |
| Local Purchasing Power in Toronto is 0.6% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (41.18 C$) |
18.21 $ (25.00 C$) |
-39.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (178.44 C$) |
87.43 $ (120.00 C$) |
-32.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (16.47 C$) |
10.93 $ (15.00 C$) |
-8.9 % |
| Domestic Beer (1 pint draught) |
8.00 $ (10.98 C$) |
5.83 $ (8.00 C$) |
-27.1 % |
| Imported Beer (12 oz small bottle) |
11.00 $ (15.10 C$) |
7.29 $ (10.00 C$) |
-33.8 % |
| Cappuccino (regular) |
5.72 $ (7.84 C$) |
3.96 $ (5.44 C$) |
-30.7 % |
| Coke/Pepsi (12 oz small bottle) |
3.17 $ (4.35 C$) |
2.15 $ (2.96 C$) |
-32.1 % |
| Water (12 oz small bottle) |
2.33 $ (3.20 C$) |
1.62 $ (2.22 C$) |
-30.7 % |
Markets | New York, NY Edit |
Toronto Edit | |
| Milk (regular), (1 gallon) |
5.65 $ (7.75 C$) |
11.49 $ (15.77 C$) |
+103.5 % |
| Loaf of Fresh White Bread (1 lb) |
4.39 $ (6.02 C$) |
2.52 $ (3.46 C$) |
-42.5 % |
| Rice (white), (1 lb) |
3.40 $ (4.67 C$) |
1.54 $ (2.11 C$) |
-54.8 % |
| Eggs (regular) (12) |
5.22 $ (7.16 C$) |
3.53 $ (4.84 C$) |
-32.4 % |
| Local Cheese (1 lb) |
7.64 $ (10.49 C$) |
5.20 $ (7.13 C$) |
-32.0 % |
| Chicken Fillets (1 lb) |
6.93 $ (9.52 C$) |
5.68 $ (7.80 C$) |
-18.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.99 $ (12.34 C$) |
6.50 $ (8.92 C$) |
-27.7 % |
| Apples (1 lb) |
3.10 $ (4.26 C$) |
1.76 $ (2.42 C$) |
-43.3 % |
| Banana (1 lb) |
0.95 $ (1.30 C$) |
0.69 $ (0.94 C$) |
-27.7 % |
| Oranges (1 lb) |
2.53 $ (3.47 C$) |
1.82 $ (2.50 C$) |
-27.8 % |
| Tomato (1 lb) |
2.93 $ (4.02 C$) |
1.67 $ (2.29 C$) |
-43.0 % |
| Potato (1 lb) |
1.81 $ (2.48 C$) |
1.20 $ (1.64 C$) |
-33.7 % |
| Onion (1 lb) |
1.69 $ (2.32 C$) |
1.27 $ (1.74 C$) |
-24.9 % |
| Lettuce (1 head) |
2.95 $ (4.05 C$) |
2.29 $ (3.15 C$) |
-22.2 % |
| Water (1.5 liter bottle) |
2.44 $ (3.35 C$) |
1.81 $ (2.49 C$) |
-25.8 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (27.45 C$) |
13.84 $ (19.00 C$) |
-30.8 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (3.47 C$) |
2.54 $ (3.49 C$) |
+0.5 % |
| Imported Beer (12 oz small bottle) |
3.86 $ (5.29 C$) |
2.78 $ (3.82 C$) |
-27.9 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (23.33 C$) |
14.57 $ (20.00 C$) |
-14.3 % |
Transportation | New York, NY Edit |
Toronto Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (3.98 C$) |
2.44 $ (3.35 C$) |
-15.8 % |
| Monthly Pass (Regular Price) |
132.00 $ (181.18 C$) |
113.65 $ (156.00 C$) |
-13.9 % |
| Taxi Start (Normal Tariff) |
5.00 $ (6.86 C$) |
3.64 $ (5.00 C$) |
-27.1 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (4.80 C$) |
2.05 $ (2.82 C$) |
-41.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (46.67 C$) |
22.58 $ (31.00 C$) |
-33.6 % |
| Gasoline (1 gallon) |
3.85 $ (5.29 C$) |
4.46 $ (6.13 C$) |
+15.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (48,041.00 C$) |
25,025.50 $ (34,350.00 C$) |
-28.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,356.86 $ (38,922.62 C$) |
22,776.71 $ (31,263.32 C$) |
-19.7 % |
Utilities (Monthly) | New York, NY Edit |
Toronto Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
187.85 $ (257.85 C$) |
116.51 $ (159.92 C$) |
-38.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
68.17 $ (93.57 C$) |
46.91 $ (64.38 C$) |
-31.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
71.82 $ (98.58 C$) |
53.65 $ (73.64 C$) |
-25.3 % |
Sports And Leisure | New York, NY Edit |
Toronto Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
147.95 $ (203.08 C$) |
52.66 $ (72.29 C$) |
-64.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
93.12 $ (127.82 C$) |
21.21 $ (29.11 C$) |
-77.2 % |
| Cinema, International Release, 1 Seat |
20.00 $ (27.45 C$) |
13.11 $ (18.00 C$) |
-34.4 % |
Childcare | New York, NY Edit |
Toronto Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,123.56 $ (4,287.39 C$) |
1,138.94 $ (1,563.31 C$) |
-63.5 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (79,610.80 C$) |
18,189.15 $ (24,966.43 C$) |
-68.6 % |
Clothing And Shoes | New York, NY Edit |
Toronto Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
72.17 $ (99.07 C$) |
61.42 $ (84.31 C$) |
-14.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.24 $ (66.21 C$) |
37.38 $ (51.31 C$) |
-22.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
101.23 $ (138.95 C$) |
100.94 $ (138.55 C$) |
-0.3 % |
| 1 Pair of Men Leather Business Shoes |
169.09 $ (232.09 C$) |
121.47 $ (166.74 C$) |
-28.2 % |
Rent Per Month | New York, NY Edit |
Toronto Edit | |
| Apartment (1 bedroom) in City Centre |
4,203.82 $ (5,770.17 C$) |
1,836.10 $ (2,520.23 C$) |
-56.3 % |
| Apartment (1 bedroom) Outside of Centre |
2,895.30 $ (3,974.09 C$) |
1,628.60 $ (2,235.42 C$) |
-43.8 % |
| Apartment (3 bedrooms) in City Centre |
8,779.04 $ (12,050.11 C$) |
3,274.92 $ (4,495.16 C$) |
-62.7 % |
| Apartment (3 bedrooms) Outside of Centre |
4,625.19 $ (6,348.53 C$) |
2,655.80 $ (3,645.36 C$) |
-42.6 % |
Buy Apartment Price | New York, NY Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,710.37 $ (2,347.65 C$) |
949.36 $ (1,303.09 C$) |
-44.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,142.75 $ (1,568.54 C$) |
743.05 $ (1,019.91 C$) |
-35.0 % |
Salaries And Financing | New York, NY Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) |
5,903.58 $ (8,103.26 C$) |
3,329.74 $ (4,570.40 C$) |
-43.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.74 | 6.53 | -3.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 491 | 769 |
Moving to New York, NY? Explore:
Moving to Toronto? Explore:
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 |
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 |