New York City vs Toronto - Cost of Living Comparison

Updated:

Livingcost

New York City Toronto
🚶 Cost of living one person
$4051
$2575
👨‍👩‍👧‍👦 Cost of living Family
$8925
$5897
🏠 One person rent
$2620
$1551
🏘️ Family rent
$4454
$2665
🍽️ Food expenses
$807
$626
🚐 Transport expenses
$399
$255
💳 Monthly salary after tax
$5777
$3590
😷 Air quality
Good
Good
✈️ Airport proximity
13 km
5 km
🎓 Higher education
100
86
😀 Quality of life
97
94
🏙️ Population
8.8M
2.79M

The cost of living in New York City is 57% more expensive than in Toronto. Cities ranked 5th and 656th ($4051 vs $2575) in the list of the most expensive cities in the world and ranked 3rd and 5th in the United States and Canada, respectively. Check the United States vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in New York City compared to 1.4 months in Toronto. New York City ranked 2nd best city to live in the United States vs Toronto ranked 1st in Canada, while ranked 13th and 52nd among best cities to live in the world.

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Cost of living in New York City vs Toronto infographic

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Prices in New York City vs Toronto

Prices for goods and services in New York City and Toronto are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

New York City Toronto
Eating Out
🍱 Lunch Menu
$24.7
$16.4
🥂 Dinner in a Restaurant, for 2
$111
$81.8
🥪 Fast food meal, equiv. McDonald's
$12.6
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$9.78
$6.33
 Cappuccino
$6.22
$4.66
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.16
$2.14
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$2702
$1664
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$2361
$1358
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$5005
$2901
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$3996
$2388
🔌 Utility Bill one person, electricity, heating, water, etc.
$122
$80.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$187
$124
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$69.3
$50.5
🏦 Mortgage Interest Rate for 20 Years
6.73%
6.43%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$19111
$10232
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3215
$8102
Transportation
🚌 Local transport ticket
$2.88
$2.46
🎟️ Monthly ticket local transport
$138
$119
🚕 Taxi Ride, 8 km or 5 mi
$27.1
$16.3
 Gas / Petrol, 1 L or 0.26 gal
$1.02
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.39
$3.15
🍞 Bread, 0.5 kg or 1.1 lb
$4.43
$2.6
🍚 Rice, 1 kg or 2.2 lb
$6.1
$3.08
🥚 Eggs, x12
$5.36
$3.95
🧀 Cheese, 1 kg or 2.2 lb
$16.6
$14
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.7
$13
🥩 Round Steak, 1 kg or 2.2 lb
$19.2
$14
🍏 Apples, 1 kg or 2.2 lb
$5.78
$4.01
🍌 Banana, 1 kg or 2.2 lb
$2.13
$1.46
🍊 Oranges, 1 kg or 2.2 lb
$5.75
$3.58
🍅 Tomato, 1 kg or 2.2 lb
$5.74
$4.07
🥔 Potato, 1 kg or 2.2 lb
$3.22
$2.57
🧅 Onion, 1 kg or 2.2 lb
$3.62
$2.82
🌊 Water, 1 L or 1 qt
$1.57
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.88
$2.48
🍾 Wine (mid-priced), 750 mL bottle
$20.1
$14.7
🍺 Beer, 0.5 L or 16 fl oz
$3.49
$2.7
🚬 Cigarette pack
$17.1
$14.1
💊 Cold medicince, 1 week
$10.5
$13.9
🧴 Hair Shampoo
$10
$7.04
🧻 Toilet paper, 4 rolls
$7.97
$3.36
👄 Toothpaste, 1 tube
$2.36
$3.37
Other
🏋️ Gym Membership, 1 month
$144
$56.8
🎫 Cinema Ticket, 1 person
$19.8
$13.3
👩‍⚕️ Doctor's visit
$156
$69.6
💇 Haircut, simple
$25.4
$23.3
👖 Brand Jeans
$65.6
$58.7
👟 Brand Sneakers
$111
$99.9
👶 Daycare or Preschool, 1 month
$1717
$1200
🏫 International Primary School, 1 year
$20585
$18156

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Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2510
11 km or 6.8 mi Hoboken
$3280
11 km or 7.1 mi Jersey
$3002
13 km or 8.3 mi Union
$2857
14 km or 8.8 mi West New York
$2634
14 km or 8.9 mi Bayonne
$3168
15 km or 9.6 mi North Bergen
$2611
17 km or 10 mi Secaucus
$2701
17 km or 11 mi Cliffside Park
$2414
18 km or 11 mi Kearny
$2671
20 km or 12 mi Valley Stream
$2715
20 km or 13 mi Fort Lee
$2165
20 km or 13 mi Lyndhurst
$2605
22 km or 14 mi Newark
$2575
23 km or 14 mi Elizabeth
$2733
23 km or 14 mi Belleville
$2479
25 km or 15 mi Hillside
$2664
25 km or 15 mi Long Beach
$2722
25 km or 15 mi Nutley
$2493
25 km or 16 mi East Orange
$2635
25 km or 16 mi Irvington
$2622
26 km or 16 mi Rockville Centre
$2607
26 km or 16 mi Linden
$2762
26 km or 16 mi Hackensack
$2590
26 km or 16 mi Bloomfield
$2424
26 km or 16 mi Teaneck
$2641
26 km or 16 mi Carteret
$2778
26 km or 16 mi Passaic
$2646
27 km or 17 mi Roselle
$2760
27 km or 17 mi Hempstead
$2702
28 km or 17 mi Union Township
$2732
28 km or 18 mi Clifton
$2721
28 km or 18 mi Maplewood
$2691
29 km or 18 mi Montclair
$2454
29 km or 18 mi Bergenfield
$2586
29 km or 18 mi Mount Vernon
$2811
30 km or 18 mi Rahway
$2771
30 km or 18 mi Uniondale
$2578
30 km or 18 mi West Orange
$2553
30 km or 18 mi New Rochelle
$3108

Cities near Toronto

Distance City Cost of living
20 km or 13 mi Vaughan
$2332
23 km or 14 mi Mississauga
$2472
24 km or 15 mi Richmond Hill
$2618
26 km or 16 mi Markham
$2398
31 km or 19 mi Brampton
$2127
34 km or 21 mi Oakville
$2266
35 km or 22 mi Ajax
$2597
46 km or 28 mi Halton Hills
$2086
50 km or 31 mi Oshawa
$1635
51 km or 32 mi Burlington
$2297
54 km or 34 mi New Tecumseth
$2143
56 km or 35 mi St. Catharines
$1975
60 km or 37 mi Hamilton
$2154
65 km or 40 mi Orangeville
$1971
67 km or 41 mi Niagara Falls
$1885
71 km or 44 mi Niagara Falls
$1543
71 km or 44 mi Guelph
$2012
77 km or 48 mi Welland
$1762
81 km or 50 mi Grand Island
$1798
81 km or 51 mi Lockport
$1873
82 km or 51 mi North Tonawanda
$1853
82 km or 51 mi Cambridge
$2267
84 km or 52 mi Barrie
$1999
89 km or 56 mi Brantford
$1884
90 km or 56 mi Amherst
$2018
92 km or 57 mi Kitchener
$2144
94 km or 58 mi Waterloo
$2095
96 km or 59 mi Buffalo
$2051
100 km or 62 mi Cheektowaga
$2029
100 km or 62 mi Clarence
$1964
103 km or 64 mi West Seneca
$2041
103 km or 64 mi Orillia
$2038
105 km or 65 mi Lancaster
$1986
111 km or 69 mi Peterborough
$2017
112 km or 70 mi Hamburg
$2009
114 km or 71 mi Orchard Park
$2007
132 km or 82 mi Stratford
$1814
146 km or 91 mi Greece
$2074
146 km or 91 mi Chili
$2046
148 km or 92 mi Gates
$2085