Cost of Living Comparison Between New York, NY and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 26.06% lower than in New York, NY (without rent)
Rent Prices in Toronto are 50.85% lower than in New York, NY
Restaurant Prices in Toronto are 27.16% lower than in New York, NY
Groceries Prices in Toronto are 32.83% lower than in New York, NY
Local Purchasing Power in Toronto is 13.19% 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 21.00 $
(27.33 C$)
15.37 $
(20.00 C$)
     -26.82 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(130.15 C$)
69.15 $
(90.00 C$)
     -30.85 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.50 $
(12.36 C$)
8.95 $
(11.64 C$)
     -5.81 %
Domestic Beer (1 pint draught) 7.10 $
(9.24 C$)
5.38 $
(7.00 C$)
     -24.25 %
Imported Beer (12 oz small bottle) 8.73 $
(11.36 C$)
6.15 $
(8.00 C$)
     -29.55 %
Cappuccino (regular) 4.87 $
(6.34 C$)
3.37 $
(4.38 C$)
     -30.89 %
Coke/Pepsi (12 oz small bottle) 2.23 $
(2.90 C$)
1.83 $
(2.38 C$)
     -17.91 %
Water (12 oz small bottle) 1.73 $
(2.26 C$)
1.45 $
(1.89 C$)
     -16.35 %
Markets
New York, NY[ Edit ] Toronto[ Edit ]
Milk (regular), (1 gallon) 4.44 $
(5.78 C$)
9.14 $
(11.89 C$)
     +105.74 %
Loaf of Fresh White Bread (1 lb) 3.42 $
(4.45 C$)
1.99 $
(2.59 C$)
     -41.76 %
Rice (white), (1 lb) 2.75 $
(3.57 C$)
1.22 $
(1.59 C$)
     -55.47 %
Eggs (regular) (12) 3.39 $
(4.41 C$)
2.63 $
(3.43 C$)
     -22.36 %
Local Cheese (1 lb) 6.82 $
(8.87 C$)
4.89 $
(6.37 C$)
     -28.19 %
Chicken Fillets (1 lb) 6.40 $
(8.32 C$)
4.63 $
(6.03 C$)
     -27.62 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.38 $
(9.61 C$)
5.60 $
(7.29 C$)
     -24.14 %
Apples (1 lb) 2.81 $
(3.66 C$)
1.40 $
(1.82 C$)
     -50.22 %
Banana (1 lb) 1.27 $
(1.65 C$)
0.58 $
(0.75 C$)
     -54.33 %
Oranges (1 lb) 2.37 $
(3.08 C$)
1.28 $
(1.66 C$)
     -46.02 %
Tomato (1 lb) 2.71 $
(3.52 C$)
1.29 $
(1.67 C$)
     -52.51 %
Potato (1 lb) 1.94 $
(2.52 C$)
1.05 $
(1.37 C$)
     -45.77 %
Onion (1 lb) 1.75 $
(2.28 C$)
0.89 $
(1.16 C$)
     -48.92 %
Lettuce (1 head) 2.15 $
(2.80 C$)
1.83 $
(2.38 C$)
     -15.11 %
Water (1.5 liter bottle) 2.14 $
(2.78 C$)
1.67 $
(2.18 C$)
     -21.72 %
Bottle of Wine (Mid-Range) 15.00 $
(19.52 C$)
13.06 $
(17.00 C$)
     -12.92 %
Domestic Beer (0.5 liter bottle) 3.29 $
(4.28 C$)
2.58 $
(3.36 C$)
     -21.51 %
Imported Beer (12 oz small bottle) 3.10 $
(4.03 C$)
3.04 $
(3.95 C$)
     -1.95 %
Cigarettes 20 Pack (Marlboro) 15.00 $
(19.52 C$)
11.53 $
(15.00 C$)
     -23.16 %
Transportation
New York, NY[ Edit ] Toronto[ Edit ]
One-way Ticket (Local Transport) 2.75 $
(3.58 C$)
2.50 $
(3.25 C$)
     -9.19 %
Monthly Pass (Regular Price) 127.00 $
(165.29 C$)
119.10 $
(155.00 C$)
     -6.22 %
Taxi Start (Normal Tariff) 3.50 $
(4.56 C$)
3.07 $
(4.00 C$)
     -12.19 %
Taxi 1 mile (Normal Tariff) 3.00 $
(3.90 C$)
2.47 $
(3.22 C$)
     -17.56 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(39.04 C$)
26.89 $
(35.00 C$)
     -10.36 %
Gasoline (1 gallon) 2.75 $
(3.58 C$)
3.18 $
(4.14 C$)
     +15.63 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,000.00 $
(28,632.32 C$)
19,977.43 $
(26,000.00 C$)
     -9.19 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,205.73 $
(27,598.60 C$)
19,836.40 $
(25,816.45 C$)
     -6.46 %
Utilities (Monthly)
New York, NY[ Edit ] Toronto[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 145.49 $
(189.35 C$)
117.81 $
(153.32 C$)
     -19.03 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $
(0.14 C$)
0.34 $
(0.44 C$)
     +207.35 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.11 $
(83.44 C$)
54.70 $
(71.19 C$)
     -14.68 %
Sports And Leisure
New York, NY[ Edit ] Toronto[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 86.29 $
(112.31 C$)
43.68 $
(56.85 C$)
     -49.38 %
Tennis Court Rent (1 Hour on Weekend) 35.13 $
(45.72 C$)
21.46 $
(27.93 C$)
     -38.91 %
Cinema, International Release, 1 Seat 16.00 $
(20.82 C$)
11.53 $
(15.00 C$)
     -27.97 %
Childcare
New York, NY[ Edit ] Toronto[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,479.17 $
(3,226.57 C$)
1,233.77 $
(1,605.71 C$)
     -50.23 %
International Primary School, Yearly for 1 Child 39,681.82 $
(51,644.66 C$)
20,350.40 $
(26,485.42 C$)
     -48.72 %
Clothing And Shoes
New York, NY[ Edit ] Toronto[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 56.88 $
(74.03 C$)
59.13 $
(76.95 C$)
     +3.95 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.38 $
(55.15 C$)
36.16 $
(47.06 C$)
     -14.68 %
1 Pair of Nike Running Shoes (Mid-Range) 90.55 $
(117.85 C$)
83.17 $
(108.25 C$)
     -8.15 %
1 Pair of Men Leather Business Shoes 141.87 $
(184.64 C$)
103.21 $
(134.32 C$)
     -27.25 %
Rent Per Month
New York, NY[ Edit ] Toronto[ Edit ]
Apartment (1 bedroom) in City Centre 3,415.53 $
(4,445.20 C$)
1,654.05 $
(2,152.70 C$)
     -51.57 %
Apartment (1 bedroom) Outside of Centre 2,023.00 $
(2,632.88 C$)
1,356.21 $
(1,765.07 C$)
     -32.96 %
Apartment (3 bedrooms) in City Centre 6,822.56 $
(8,879.35 C$)
2,682.54 $
(3,491.24 C$)
     -60.68 %
Apartment (3 bedrooms) Outside of Centre 3,599.74 $
(4,684.95 C$)
2,102.80 $
(2,736.73 C$)
     -41.58 %
Buy Apartment Price
New York, NY[ Edit ] Toronto[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,494.66 $
(1,945.25 C$)
815.02 $
(1,060.72 C$)
     -45.47 %
Price per Square Feet to Buy Apartment Outside of Centre 758.11 $
(986.65 C$)
640.77 $
(833.94 C$)
     -15.48 %
Salaries And Financing
New York, NY[ Edit ] Toronto[ Edit ]
Average Monthly Net Salary (After Tax) 5,943.98 $
(7,735.90 C$)
3,197.06 $
(4,160.87 C$)
     -46.21 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.82 3.10      -18.84 %
Last update: November 2020November 2020
Contributors in the past 12 months:415836