New York City vs Toronto - Cost of Living Comparison

Updated: March 11, 2026

	New York City	Toronto
🚶 Cost of living one person	$4207	$2493
👨‍👩‍👧‍👦 Cost of living Family	$9179	$5494
🏠 One person rent	$2718	$1483
🏘️ Family rent	$4382	$2320
🍽️ Food expenses	$875	$630
🚐 Transport expenses	$373	$238
💳 Monthly salary after tax	$5229	$3648
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	13 km	5 km
🎓 Higher education	100	86
😀 Quality of life	95	95
🏙️ Population	8.8M	2.79M

The cost of living in New York City is 69% more expensive than in Toronto. Cities ranked 4th and 897th ($4207 vs $2493) in the list of the most expensive cities in the world and ranked 2nd and 4th 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 1.2 months in New York City compared to 1.5 months in Toronto. New York City ranked 2nd best city to live in the United States vs Toronto ranked 2nd in Canada, while ranked 18th and 29th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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	$23.6	$17.4
🥂 Dinner in a Restaurant, for 2	$107	$79.8
🥪 Fast food meal, equiv. McDonald's	$13.6	$11.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.27	$6.67
☕ Cappuccino	$5.88	$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.87	$2.19
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$3712	$1522
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$2223	$1292
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$5056	$2479
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3881	$2036
🔌 Utility Bill one person, electricity, heating, water, etc.	$130	$94.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$200	$146
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$66.8	$49.9
🏦 Mortgage Interest Rate for 20 Years	6.64%	4.46%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$17512	$9030
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$9335	$7052
Transportation
🚌 Local transport ticket	$3.01	$2.44
🎟️ Monthly ticket local transport	$134	$113
🚕 Taxi Ride, 8 km or 5 mi	$23.8	$14.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.89	$1.02
Groceries
🥛 Milk, 1 L or 1 qt	$1.38	$2.77
🍞 Bread, 0.5 kg or 1.1 lb	$4.55	$2.53
🍚 Rice, 1 kg or 2.2 lb	$6.56	$3.02
🥚 Eggs, x12	$7.96	$3.47
🧀 Cheese, 1 kg or 2.2 lb	$19.2	$15.6
🐔 Chicken Breast, 1 kg or 2.2 lb	$15.1	$14.2
🥩 Round Steak, 1 kg or 2.2 lb	$19.9	$17.5
🍏 Apples, 1 kg or 2.2 lb	$6.67	$3.99
🍌 Banana, 1 kg or 2.2 lb	$2.42	$1.31
🍊 Oranges, 1 kg or 2.2 lb	$5.62	$3.81
🍅 Tomato, 1 kg or 2.2 lb	$6.34	$4.28
🥔 Potato, 1 kg or 2.2 lb	$3.09	$3.12
🧅 Onion, 1 kg or 2.2 lb	$3.46	$2.19
🌊 Water, 1 L or 1 qt	$1.65	$1.2
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.77	$2.38
🍾 Wine (mid-priced), 750 mL bottle	$18.5	$13.8
🍺 Beer, 0.5 L or 16 fl oz	$4.32	$2.39
🚬 Cigarette pack	$18.7	$14.4
💊 Cold medicince, 1 week	$23.4	$11.7
🧴 Hair Shampoo	$13.9	$6.83
🧻 Toilet paper, 4 rolls	$7.99	$3.56
👄 Toothpaste, 1 tube	$2.83	$3.77
Other
🏋️ Gym Membership, 1 month	$118	$50.7
🎫 Cinema Ticket, 1 person	$21.2	$13.2
👩‍⚕️ Doctor's visit	$156	$75
💇 Haircut, simple	$40.7	$24.1
👖 Brand Jeans	$68.7	$60.6
👟 Brand Sneakers	$116	$85.4
👶 Daycare or Preschool, 1 month	$2132	$1056
🏫 International Primary School, 1 year	$21999	$20314

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near New York City

Distance	City	Cost of living
11 km or 6.6 mi	Astoria	$2850
11 km or 6.8 mi	Hoboken	$3614
11 km or 7.1 mi	Jersey	$3134
13 km or 8.3 mi	Union	$3092
14 km or 8.8 mi	West New York	$2814
14 km or 8.9 mi	Bayonne	$3307
15 km or 9.6 mi	North Bergen	$2803
17 km or 10 mi	Secaucus	$2868
17 km or 11 mi	Cliffside Park	$2738
18 km or 11 mi	Kearny	$2781
20 km or 12 mi	Valley Stream	$2803
20 km or 13 mi	Fort Lee	$2801
20 km or 13 mi	Lyndhurst	$2696
22 km or 14 mi	Newark	$2750
23 km or 14 mi	Elizabeth	$2792
23 km or 14 mi	Belleville	$2533
25 km or 15 mi	Hillside	$2717
25 km or 15 mi	Long Beach	$2809
25 km or 15 mi	Nutley	$2539
25 km or 16 mi	East Orange	$2512
25 km or 16 mi	Irvington	$2665
26 km or 16 mi	Rockville Centre	$2684
26 km or 16 mi	Linden	$2774
26 km or 16 mi	Hackensack	$2685
26 km or 16 mi	Bloomfield	$2477
26 km or 16 mi	Teaneck	$2702
26 km or 16 mi	Carteret	$2782
26 km or 16 mi	Passaic	$2665
27 km or 17 mi	Roselle	$2772
27 km or 17 mi	Hempstead	$2697
28 km or 17 mi	Union Township	$2734
28 km or 18 mi	Clifton	$2666
28 km or 18 mi	Maplewood	$2638
29 km or 18 mi	Montclair	$2497
29 km or 18 mi	Bergenfield	$2687
29 km or 18 mi	Mount Vernon	$2863
30 km or 18 mi	Rahway	$2758
30 km or 18 mi	Uniondale	$2690
30 km or 18 mi	West Orange	$2503
30 km or 18 mi	New Rochelle	$3188

Cities near Toronto

Distance	City	Cost of living
20 km or 13 mi	Vaughan	$2309
23 km or 14 mi	Mississauga	$2357
24 km or 15 mi	Richmond Hill	$2520
26 km or 16 mi	Markham	$2222
31 km or 19 mi	Brampton	$2151
34 km or 21 mi	Oakville	$2360
35 km or 22 mi	Ajax	$2246
46 km or 28 mi	Halton Hills	$2079
50 km or 31 mi	Oshawa	$1605
51 km or 32 mi	Burlington	$2237
54 km or 34 mi	New Tecumseth	$2039
56 km or 35 mi	St. Catharines	$2046
60 km or 37 mi	Hamilton	$2089
65 km or 40 mi	Orangeville	$1910
67 km or 41 mi	Niagara Falls	$1897
71 km or 44 mi	Niagara Falls	$1950
71 km or 44 mi	Guelph	$2073
77 km or 48 mi	Welland	$1801
81 km or 50 mi	Grand Island	$2073
81 km or 51 mi	Lockport	$2083
82 km or 51 mi	North Tonawanda	$2075
82 km or 51 mi	Cambridge	$2087
84 km or 52 mi	Barrie	$1480
89 km or 56 mi	Brantford	$1901
90 km or 56 mi	Amherst	$2136
92 km or 57 mi	Kitchener	$2144
94 km or 58 mi	Waterloo	$1999
96 km or 59 mi	Buffalo	$2277
100 km or 62 mi	Cheektowaga	$2182
100 km or 62 mi	Clarence	$2115
103 km or 64 mi	West Seneca	$2173
103 km or 64 mi	Orillia	$1992
105 km or 65 mi	Lancaster	$2136
111 km or 69 mi	Peterborough	$2001
112 km or 70 mi	Hamburg	$1870
114 km or 71 mi	Orchard Park	$2035
132 km or 82 mi	Stratford	$1735
146 km or 91 mi	Greece	$2027
146 km or 91 mi	Chili	$2034
148 km or 92 mi	Gates	$2029