Cost of living in Toronto (Canada) is 48% cheaper than in New York City (United States)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,404 prices entered by 255 different people.
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Currency:
| Food | - 33% | |||
|---|---|---|---|---|
| Food in Toronto (Canada) is 33% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | C$25 ($18) | $27 | - 33% | |
| Combo meal in fast food restaurant (big mac meal or similar) | C$15 ($10) | $17 | - 38% | |
| 500 gr (1 lb.) of boneless chicken breast | C$10 ($7) | $7 | + 11% | |
| 1 liter (1 qt.) of whole fat milk | C$4.25 ($3.04) | $1.24 | + 145% | |
| 12 eggs, large | C$6 ($4.50) | $9 | - 52% | |
| 1 kg (2 lb.) of tomatoes | C$5.71 ($4.09) | $6 | - 37% | |
| 500 gr (16 oz.) of local cheese | C$13 ($10) | $8 | + 17% | |
| 1 kg (2 lb.) of apples | C$5.39 ($3.86) | $5.39 | - 28% | |
| 1 kg (2 lb.) of potatoes | C$4.61 ($3.30) | $2.09 | + 58% | |
| 0.5 l (16 oz) domestic beer in the supermarket | C$3.19 ($2.28) | $5.32 | - 57% | |
| 1 bottle of red table wine, good quality | C$21 ($15) | $27 | - 44% | |
| 2 liters of coca-cola | C$3.48 ($2.49) | $3.28 | - 24% | |
| Bread for 2 people for 1 day | C$2.73 ($1.95) | $4.13 | - 53% | |
| Housing | - 55% | |||
| Housing in Toronto (Canada) is 55% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | C$3,740 ($2,677) | $6,598 | - 59% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | C$3,083 ($2,207) | $4,304 | - 49% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | C$210 ($150) | $244 | - 38% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | C$2,795 ($2,001) | $4,962 | - 60% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | C$2,243 ($1,606) | $3,303 | - 51% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | C$138 ($99) | $155 | - 37% | |
| Internet 8 mbps (1 month) | C$64 ($46) | $88 | - 47% | |
| 40” flat screen tv | C$488 ($349) | $611 | - 43% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | C$172 ($123) | $145 | - 15% | |
| Laundry detergent (3 l. ~ 100 oz.) | C$15 ($11) | $18 | - 42% | |
| Hourly rate for cleaning help | C$30 ($21) | $35 | - 39% | |
| Clothes | - 43% | |||
| Clothes in Toronto (Canada) is 43% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| 1 pair of jeans (levis 501 or similar) | C$70 ($50) | $96 | - 48% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | C$56 ($40) | $77 | - 48% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | C$163 ($117) | $149 | - 22% | |
| 1 pair of men’s leather business shoes | C$205 ($147) | $247 | - 41% | |
| Transportation | - 41% | |||
| Transportation in Toronto (Canada) is 41% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | C$33,085 ($23,684) | $61,673 | - 62% | |
| 1 liter (1/4 gallon) of gas | C$1.50 ($1.07) | $1.17 | - 9% | |
| Monthly ticket public transport | C$164 ($117) | $191 | - 39% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | C$25 ($18) | $29 | - 38% | |
| Personal Care | - 43% | |||
| Personal Care in Toronto (Canada) is 43% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | C$16 ($11) | $14 | - 20% | |
| 1 box of antibiotics (12 doses) | C$39 ($28) | $32 | - 13% | |
| Short visit to private doctor (15 minutes) | C$94 ($67) | $233 | - 71% | |
| 1 box of 32 tampons (tampax, ob, ...) | C$13 ($10) | $12 | - 19% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | C$9 ($6) | $9 | - 26% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | C$9 ($6) | $13 | - 49% | |
| 4 rolls of toilet paper | C$4.56 ($3.27) | $8 | - 59% | |
| Tube of toothpaste | C$5.11 ($3.66) | $2.61 | + 40% | |
| Standard men's haircut in expat area of the city | C$39 ($28) | $37 | - 24% | |
| Entertainment | - 59% | |||
| Entertainment in Toronto (Canada) is 59% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Basic dinner out for two in neighborhood pub | C$82 ($59) | $101 | - 42% | |
| 2 tickets to the movies | C$36 ($25) | $40 | - 36% | |
| 2 tickets to the theater (best available seats) | C$289 ($207) | $536 | - 61% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | C$162 ($116) | $201 | - 43% | |
| 1 cocktail drink in downtown club | C$16 ($12) | $29 | - 61% | |
| Cappuccino in expat area of the city | C$7 ($4.67) | $11 | - 56% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | C$10 ($7) | $16 | - 56% | |
| Ipad wi-fi 128gb | C$618 ($442) | $710 | - 38% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | C$0.34 ($0.25) | $1.04 | - 76% | |
| 1 month of gym membership in business district | C$75 ($54) | $242 | - 78% | |
| 1 package of marlboro cigarettes | C$17 ($12) | $21 | - 44% | |
 |
TOTAL | - 48% | ||
These prices were last updated on November 21, 2024.
Exchange rate:
0.716
USD
/
CAD
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For example, to keep the same standard of living that would require $22,000 in New York City you would need to make just about $11,454 (C$16,001) in Toronto.
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