Cost of Living Comparison Between New York, NY and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 23.94% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Toronto are 34.02% lower than in New York, NY
Rent Prices in Toronto are 45.78% lower than in New York, NY
Restaurant Prices in Toronto are 22.48% lower than in New York, NY
Groceries Prices in Toronto are 30.79% lower than in New York, NY
Local Purchasing Power in Toronto is 9.86% 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 20.00 $
(24.22 C$)
16.52 $
(20.00 C$)
     -17.41 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(121.08 C$)
70.20 $
(85.00 C$)
     -29.80 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 $
(10.90 C$)
9.08 $
(11.00 C$)
     +0.94 %
Domestic Beer (1 pint draught) 7.20 $
(8.72 C$)
5.78 $
(7.00 C$)
     -19.71 %
Imported Beer (12 oz small bottle) 9.00 $
(10.90 C$)
6.61 $
(8.00 C$)
     -26.59 %
Cappuccino (regular) 4.99 $
(6.04 C$)
3.69 $
(4.47 C$)
     -25.92 %
Coke/Pepsi (12 oz small bottle) 2.14 $
(2.60 C$)
2.05 $
(2.48 C$)
     -4.50 %
Water (12 oz small bottle) 1.74 $
(2.11 C$)
1.61 $
(1.95 C$)
     -7.33 %
Markets
New York, NY Edit Toronto Edit
Milk (regular), (1 gallon) 4.56 $
(5.53 C$)
9.60 $
(11.63 C$)
     +110.42 %
Loaf of Fresh White Bread (1 lb) 3.63 $
(4.39 C$)
2.12 $
(2.56 C$)
     -41.64 %
Rice (white), (1 lb) 2.46 $
(2.98 C$)
1.26 $
(1.52 C$)
     -48.83 %
Eggs (regular) (12) 3.24 $
(3.93 C$)
2.71 $
(3.28 C$)
     -16.42 %
Local Cheese (1 lb) 6.09 $
(7.37 C$)
5.04 $
(6.11 C$)
     -17.12 %
Chicken Fillets (1 lb) 5.99 $
(7.26 C$)
4.87 $
(5.89 C$)
     -18.81 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.82 $
(9.47 C$)
5.77 $
(6.98 C$)
     -26.26 %
Apples (1 lb) 2.71 $
(3.29 C$)
1.48 $
(1.80 C$)
     -45.32 %
Banana (1 lb) 1.30 $
(1.57 C$)
0.59 $
(0.72 C$)
     -54.34 %
Oranges (1 lb) 2.70 $
(3.26 C$)
1.27 $
(1.54 C$)
     -52.93 %
Tomato (1 lb) 2.85 $
(3.45 C$)
1.41 $
(1.71 C$)
     -50.34 %
Potato (1 lb) 1.92 $
(2.32 C$)
1.02 $
(1.24 C$)
     -46.58 %
Onion (1 lb) 1.88 $
(2.28 C$)
0.91 $
(1.10 C$)
     -51.98 %
Lettuce (1 head) 2.38 $
(2.88 C$)
2.00 $
(2.43 C$)
     -15.79 %
Water (1.5 liter bottle) 2.13 $
(2.58 C$)
1.68 $
(2.04 C$)
     -21.04 %
Bottle of Wine (Mid-Range) 15.00 $
(18.16 C$)
12.80 $
(15.50 C$)
     -14.69 %
Domestic Beer (0.5 liter bottle) 3.05 $
(3.69 C$)
2.60 $
(3.15 C$)
     -14.65 %
Imported Beer (12 oz small bottle) 2.98 $
(3.61 C$)
2.89 $
(3.50 C$)
     -3.24 %
Cigarettes 20 Pack (Marlboro) 15.00 $
(18.16 C$)
12.39 $
(15.00 C$)
     -17.41 %
Transportation
New York, NY Edit Toronto Edit
One-way Ticket (Local Transport) 2.75 $
(3.33 C$)
2.68 $
(3.25 C$)
     -2.40 %
Monthly Pass (Regular Price) 127.00 $
(153.78 C$)
128.84 $
(156.00 C$)
     +1.45 %
Taxi Start (Normal Tariff) 3.80 $
(4.60 C$)
3.51 $
(4.25 C$)
     -7.63 %
Taxi 1 mile (Normal Tariff) 3.00 $
(3.63 C$)
2.66 $
(3.22 C$)
     -11.39 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(36.32 C$)
25.64 $
(31.04 C$)
     -14.55 %
Gasoline (1 gallon) 2.70 $
(3.27 C$)
3.57 $
(4.32 C$)
     +32.06 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,637.50 $
(27,410.16 C$)
20,646.99 $
(25,000.00 C$)
     -8.79 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,275.90 $
(25,761.49 C$)
21,152.04 $
(25,611.52 C$)
     -0.58 %
Utilities (Monthly)
New York, NY Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 150.97 $
(182.80 C$)
140.15 $
(169.70 C$)
     -7.17 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $
(0.13 C$)
0.30 $
(0.36 C$)
     +171.99 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 66.49 $
(80.51 C$)
59.32 $
(71.83 C$)
     -10.78 %
Sports And Leisure
New York, NY Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 107.90 $
(130.64 C$)
45.86 $
(55.53 C$)
     -57.50 %
Tennis Court Rent (1 Hour on Weekend) 36.07 $
(43.68 C$)
19.82 $
(24.00 C$)
     -45.05 %
Cinema, International Release, 1 Seat 16.00 $
(19.37 C$)
12.39 $
(15.00 C$)
     -22.57 %
Childcare
New York, NY Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,573.92 $
(3,116.58 C$)
1,388.87 $
(1,681.69 C$)
     -46.04 %
International Primary School, Yearly for 1 Child 36,437.50 $
(44,119.62 C$)
22,171.57 $
(26,846.00 C$)
     -39.15 %
Clothing And Shoes
New York, NY Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 62.94 $
(76.20 C$)
60.55 $
(73.32 C$)
     -3.79 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.93 $
(54.41 C$)
39.55 $
(47.89 C$)
     -11.97 %
1 Pair of Nike Running Shoes (Mid-Range) 90.62 $
(109.72 C$)
88.47 $
(107.13 C$)
     -2.37 %
1 Pair of Men Leather Business Shoes 131.31 $
(158.99 C$)
117.89 $
(142.75 C$)
     -10.22 %
Rent Per Month
New York, NY Edit Toronto Edit
Apartment (1 bedroom) in City Centre 3,087.83 $
(3,738.84 C$)
1,648.97 $
(1,996.62 C$)
     -46.60 %
Apartment (1 bedroom) Outside of Centre 2,033.96 $
(2,462.78 C$)
1,410.76 $
(1,708.19 C$)
     -30.64 %
Apartment (3 bedrooms) in City Centre 6,187.89 $
(7,492.48 C$)
2,823.93 $
(3,419.29 C$)
     -54.36 %
Apartment (3 bedrooms) Outside of Centre 3,427.59 $
(4,150.22 C$)
2,149.77 $
(2,603.00 C$)
     -37.28 %
Buy Apartment Price
New York, NY Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 1,438.34 $
(1,741.58 C$)
886.64 $
(1,073.57 C$)
     -38.36 %
Price per Square Feet to Buy Apartment Outside of Centre 742.77 $
(899.37 C$)
690.40 $
(835.96 C$)
     -7.05 %
Salaries And Financing
New York, NY Edit Toronto Edit
Average Monthly Net Salary (After Tax) 6,184.01 $
(7,487.79 C$)
3,677.78 $
(4,453.16 C$)
     -40.53 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.61 2.57      -28.63 %
Last update: May 2021May 2021
Contributors in the past 12 months:368647