Cost of Living Comparison Between New York, NY and Toronto 
| Indices Difference |  |
|---|---|
| Consumer Prices in Toronto are 27.5% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Toronto are 38.9% lower than in New York, NY | |
| Rent Prices in Toronto are 51.1% lower than in New York, NY | |
| Restaurant Prices in Toronto are 29.9% lower than in New York, NY | |
| Groceries Prices in Toronto are 29.3% lower than in New York, NY | |
| Local Purchasing Power in Toronto is 18.6% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 $ (33.70 C$) |
16.46 $ (22.19 C$) |
-34.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
115.00 $ (155.04 C$) |
81.59 $ (110.00 C$) |
-29.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (16.18 C$) |
10.38 $ (14.00 C$) |
-13.5 % |
| Domestic Beer (1 pint draught) |
8.00 $ (10.79 C$) |
5.97 $ (8.04 C$) |
-25.4 % |
| Imported Beer (12 oz small bottle) |
10.00 $ (13.48 C$) |
6.68 $ (9.00 C$) |
-33.2 % |
| Cappuccino (regular) |
5.43 $ (7.32 C$) |
3.77 $ (5.08 C$) |
-30.6 % |
| Coke/Pepsi (12 oz small bottle) |
2.65 $ (3.58 C$) |
2.09 $ (2.81 C$) |
-21.4 % |
| Water (12 oz small bottle) |
2.14 $ (2.89 C$) |
1.63 $ (2.20 C$) |
-23.9 % |
Markets | New York, NY Edit |
Toronto Edit | |
| Milk (regular), (1 gallon) |
5.13 $ (6.91 C$) |
10.67 $ (14.38 C$) |
+108.1 % |
| Loaf of Fresh White Bread (1 lb) |
4.05 $ (5.46 C$) |
2.38 $ (3.21 C$) |
-41.2 % |
| Rice (white), (1 lb) |
3.63 $ (4.89 C$) |
1.51 $ (2.04 C$) |
-58.3 % |
| Eggs (regular) (12) |
5.30 $ (7.15 C$) |
3.35 $ (4.52 C$) |
-36.7 % |
| Local Cheese (1 lb) |
7.91 $ (10.67 C$) |
5.43 $ (7.33 C$) |
-31.3 % |
| Chicken Fillets (1 lb) |
7.59 $ (10.24 C$) |
5.75 $ (7.75 C$) |
-24.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.53 $ (12.84 C$) |
6.71 $ (9.05 C$) |
-29.5 % |
| Apples (1 lb) |
2.85 $ (3.84 C$) |
1.88 $ (2.53 C$) |
-34.1 % |
| Banana (1 lb) |
0.99 $ (1.33 C$) |
0.56 $ (0.75 C$) |
-43.7 % |
| Oranges (1 lb) |
2.44 $ (3.29 C$) |
1.88 $ (2.53 C$) |
-23.2 % |
| Tomato (1 lb) |
2.84 $ (3.83 C$) |
1.74 $ (2.34 C$) |
-38.8 % |
| Potato (1 lb) |
1.91 $ (2.57 C$) |
1.27 $ (1.71 C$) |
-33.4 % |
| Onion (1 lb) |
1.82 $ (2.45 C$) |
1.31 $ (1.77 C$) |
-27.9 % |
| Lettuce (1 head) |
2.83 $ (3.82 C$) |
2.52 $ (3.40 C$) |
-10.9 % |
| Water (1.5 liter bottle) |
2.44 $ (3.28 C$) |
1.68 $ (2.27 C$) |
-30.9 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (26.96 C$) |
13.35 $ (18.00 C$) |
-33.2 % |
| Domestic Beer (0.5 liter bottle) |
2.55 $ (3.44 C$) |
2.38 $ (3.21 C$) |
-6.8 % |
| Imported Beer (12 oz small bottle) |
3.97 $ (5.36 C$) |
2.64 $ (3.56 C$) |
-33.5 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (22.92 C$) |
13.35 $ (18.00 C$) |
-21.5 % |
Transportation | New York, NY Edit |
Toronto Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (3.91 C$) |
2.48 $ (3.35 C$) |
-14.3 % |
| Monthly Pass (Regular Price) |
130.22 $ (175.55 C$) |
115.71 $ (156.00 C$) |
-11.1 % |
| Taxi Start (Normal Tariff) |
4.85 $ (6.54 C$) |
3.43 $ (4.62 C$) |
-29.3 % |
| Taxi 1 mile (Normal Tariff) |
3.00 $ (4.04 C$) |
2.09 $ (2.82 C$) |
-30.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 $ (40.44 C$) |
24.48 $ (33.00 C$) |
-18.4 % |
| Gasoline (1 gallon) |
4.15 $ (5.59 C$) |
4.48 $ (6.04 C$) |
+8.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
25,500.00 $ (34,377.93 C$) |
22,994.41 $ (31,000.00 C$) |
-9.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,458.80 $ (34,322.38 C$) |
21,423.53 $ (28,882.22 C$) |
-15.9 % |
Utilities (Monthly) | New York, NY Edit |
Toronto Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
168.54 $ (227.22 C$) |
152.49 $ (205.58 C$) |
-9.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
55.17 $ (74.37 C$) |
45.78 $ (61.73 C$) |
-17.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
74.13 $ (99.94 C$) |
56.67 $ (76.40 C$) |
-23.6 % |
Sports And Leisure | New York, NY Edit |
Toronto Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
107.13 $ (144.43 C$) |
53.27 $ (71.81 C$) |
-50.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
40.42 $ (54.49 C$) |
20.46 $ (27.58 C$) |
-49.4 % |
| Cinema, International Release, 1 Seat |
18.00 $ (24.27 C$) |
11.87 $ (16.00 C$) |
-34.1 % |
Childcare | New York, NY Edit |
Toronto Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
2,563.15 $ (3,455.52 C$) |
1,085.97 $ (1,464.05 C$) |
-57.6 % |
| International Primary School, Yearly for 1 Child |
43,333.33 $ (58,420.01 C$) |
20,797.22 $ (28,037.86 C$) |
-52.0 % |
Clothing And Shoes | New York, NY Edit |
Toronto Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.56 $ (92.42 C$) |
58.05 $ (78.26 C$) |
-15.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
50.32 $ (67.84 C$) |
37.44 $ (50.47 C$) |
-25.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
98.55 $ (132.87 C$) |
89.40 $ (120.52 C$) |
-9.3 % |
| 1 Pair of Men Leather Business Shoes |
154.46 $ (208.24 C$) |
121.26 $ (163.47 C$) |
-21.5 % |
Rent Per Month | New York, NY Edit |
Toronto Edit | |
| Apartment (1 bedroom) in City Centre |
3,937.96 $ (5,308.97 C$) |
1,899.15 $ (2,560.35 C$) |
-51.8 % |
| Apartment (1 bedroom) Outside of Centre |
2,625.26 $ (3,539.25 C$) |
1,680.46 $ (2,265.52 C$) |
-36.0 % |
| Apartment (3 bedrooms) in City Centre |
7,795.83 $ (10,509.98 C$) |
3,117.59 $ (4,202.99 C$) |
-60.0 % |
| Apartment (3 bedrooms) Outside of Centre |
4,541.30 $ (6,122.37 C$) |
2,543.85 $ (3,429.51 C$) |
-44.0 % |
Buy Apartment Price | New York, NY Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,541.51 $ (2,078.20 C$) |
910.28 $ (1,227.20 C$) |
-40.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
965.66 $ (1,301.86 C$) |
730.81 $ (985.25 C$) |
-24.3 % |
Salaries And Financing | New York, NY Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) |
6,808.39 $ (9,178.76 C$) |
3,386.19 $ (4,565.10 C$) |
-50.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.65 | 6.29 | -5.3 % |
| Last update: | September 2023 | September 2023 | |
| Contributors in the past 12 months: | 562 | 889 |
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 |