Cost of Living Comparison Between New York, NY and Toronto 
| Indices Difference |  |
|---|---|
| Consumer Prices in Toronto are 31.1% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Toronto are 41.5% lower than in New York, NY | |
| Rent Prices in Toronto are 52.9% lower than in New York, NY | |
| Restaurant Prices in Toronto are 32.8% lower than in New York, NY | |
| Groceries Prices in Toronto are 29.0% lower than in New York, NY | |
| Local Purchasing Power in Toronto is 0.7% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (40.96 C$) |
18.31 $ (25.00 C$) |
-39.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (177.49 C$) |
87.89 $ (120.00 C$) |
-32.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (16.38 C$) |
10.99 $ (15.00 C$) |
-8.4 % |
| Domestic Beer (1 pint draught) |
8.00 $ (10.92 C$) |
6.23 $ (8.50 C$) |
-22.2 % |
| Imported Beer (12 oz small bottle) |
10.50 $ (14.34 C$) |
7.32 $ (10.00 C$) |
-30.2 % |
| Cappuccino (regular) |
5.56 $ (7.59 C$) |
3.98 $ (5.44 C$) |
-28.4 % |
| Coke/Pepsi (12 oz small bottle) |
3.02 $ (4.12 C$) |
2.11 $ (2.88 C$) |
-30.1 % |
| Water (12 oz small bottle) |
2.29 $ (3.12 C$) |
1.64 $ (2.24 C$) |
-28.3 % |
Markets | New York, NY Edit |
Toronto Edit | |
| Milk (regular), (1 gallon) |
5.82 $ (7.94 C$) |
11.63 $ (15.88 C$) |
+100.0 % |
| Loaf of Fresh White Bread (1 lb) |
4.29 $ (5.85 C$) |
2.53 $ (3.45 C$) |
-41.0 % |
| Rice (white), (1 lb) |
3.25 $ (4.44 C$) |
1.58 $ (2.16 C$) |
-51.2 % |
| Eggs (regular) (12) |
5.46 $ (7.45 C$) |
3.54 $ (4.83 C$) |
-35.1 % |
| Local Cheese (1 lb) |
7.65 $ (10.45 C$) |
5.01 $ (6.84 C$) |
-34.5 % |
| Chicken Fillets (1 lb) |
7.13 $ (9.74 C$) |
5.65 $ (7.71 C$) |
-20.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.04 $ (12.35 C$) |
6.39 $ (8.73 C$) |
-29.3 % |
| Apples (1 lb) |
3.14 $ (4.29 C$) |
1.79 $ (2.44 C$) |
-43.2 % |
| Banana (1 lb) |
0.93 $ (1.26 C$) |
0.65 $ (0.89 C$) |
-29.4 % |
| Oranges (1 lb) |
2.70 $ (3.69 C$) |
1.82 $ (2.48 C$) |
-32.8 % |
| Tomato (1 lb) |
2.82 $ (3.84 C$) |
1.69 $ (2.31 C$) |
-39.9 % |
| Potato (1 lb) |
1.93 $ (2.64 C$) |
1.21 $ (1.65 C$) |
-37.5 % |
| Onion (1 lb) |
1.71 $ (2.34 C$) |
1.27 $ (1.73 C$) |
-25.9 % |
| Lettuce (1 head) |
2.88 $ (3.93 C$) |
2.29 $ (3.13 C$) |
-20.4 % |
| Water (1.5 liter bottle) |
2.43 $ (3.31 C$) |
1.81 $ (2.48 C$) |
-25.3 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (27.31 C$) |
13.92 $ (19.00 C$) |
-30.4 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (3.45 C$) |
2.51 $ (3.42 C$) |
-0.9 % |
| Imported Beer (12 oz small bottle) |
3.83 $ (5.23 C$) |
2.83 $ (3.87 C$) |
-26.0 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (23.21 C$) |
14.65 $ (20.00 C$) |
-13.8 % |
Transportation | New York, NY Edit |
Toronto Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (3.96 C$) |
2.45 $ (3.35 C$) |
-15.4 % |
| Monthly Pass (Regular Price) |
132.00 $ (180.22 C$) |
114.26 $ (156.00 C$) |
-13.4 % |
| Taxi Start (Normal Tariff) |
5.00 $ (6.83 C$) |
3.66 $ (5.00 C$) |
-26.8 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (4.78 C$) |
2.06 $ (2.82 C$) |
-41.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 $ (40.96 C$) |
22.71 $ (31.00 C$) |
-24.3 % |
| Gasoline (1 gallon) |
3.87 $ (5.28 C$) |
4.50 $ (6.14 C$) |
+16.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,000.00 $ (38,228.82 C$) |
25,159.03 $ (34,350.00 C$) |
-10.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,053.26 $ (36,936.23 C$) |
22,454.53 $ (30,657.50 C$) |
-17.0 % |
Utilities (Monthly) | New York, NY Edit |
Toronto Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
177.38 $ (242.18 C$) |
123.60 $ (168.75 C$) |
-30.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
62.96 $ (85.96 C$) |
47.95 $ (65.47 C$) |
-23.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
69.77 $ (95.26 C$) |
53.85 $ (73.52 C$) |
-22.8 % |
Sports And Leisure | New York, NY Edit |
Toronto Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
132.14 $ (180.42 C$) |
53.91 $ (73.61 C$) |
-59.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
74.17 $ (101.26 C$) |
21.32 $ (29.11 C$) |
-71.3 % |
| Cinema, International Release, 1 Seat |
20.00 $ (27.31 C$) |
13.18 $ (18.00 C$) |
-34.1 % |
Childcare | New York, NY Edit |
Toronto Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,065.64 $ (4,185.57 C$) |
1,132.22 $ (1,545.84 C$) |
-63.1 % |
| International Primary School, Yearly for 1 Child |
63,250.00 $ (86,356.17 C$) |
18,284.31 $ (24,963.85 C$) |
-71.1 % |
Clothing And Shoes | New York, NY Edit |
Toronto Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.82 $ (93.97 C$) |
59.71 $ (81.52 C$) |
-13.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
45.42 $ (62.01 C$) |
36.85 $ (50.31 C$) |
-18.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
97.00 $ (132.44 C$) |
97.98 $ (133.78 C$) |
+1.0 % |
| 1 Pair of Men Leather Business Shoes |
165.86 $ (226.46 C$) |
118.46 $ (161.74 C$) |
-28.6 % |
Rent Per Month | New York, NY Edit |
Toronto Edit | |
| Apartment (1 bedroom) in City Centre |
4,162.14 $ (5,682.63 C$) |
1,837.41 $ (2,508.65 C$) |
-55.9 % |
| Apartment (1 bedroom) Outside of Centre |
2,912.38 $ (3,976.32 C$) |
1,637.36 $ (2,235.51 C$) |
-43.8 % |
| Apartment (3 bedrooms) in City Centre |
8,432.88 $ (11,513.54 C$) |
3,265.78 $ (4,458.82 C$) |
-61.3 % |
| Apartment (3 bedrooms) Outside of Centre |
4,431.43 $ (6,050.30 C$) |
2,647.86 $ (3,615.16 C$) |
-40.2 % |
Buy Apartment Price | New York, NY Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,698.83 $ (2,319.44 C$) |
954.42 $ (1,303.09 C$) |
-43.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,192.75 $ (1,628.48 C$) |
747.01 $ (1,019.91 C$) |
-37.4 % |
Salaries And Financing | New York, NY Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) |
5,899.65 $ (8,054.88 C$) |
3,426.80 $ (4,678.67 C$) |
-41.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.67 | 6.54 | -1.9 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 506 | 779 |
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 |