Cost of Living Comparison Between New York, NY and Toronto 
| Indices Difference |  |
|---|---|
| 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 | |
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 2021 | January 2021 | |
| Contributors in the past 12 months: | 325 | 719 |
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 |
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