New York City vs Toronto - Cost of Living Comparison

Updated:

Livingcost

New York City Toronto
🚶 Cost of living one person
$4441
$2453
👨‍👩‍👧‍👦 Cost of living Family
$10033
$5408
🏠 One person rent
$2960
$1480
🏘️ Family rent
$5380
$2344
🍽️ Food expenses
$886
$602
🚐 Transport expenses
$364
$240
💳 Monthly salary after tax
$5544
$3141
😷 Air quality
Good
Good
✈️ Airport proximity
13 km
5 km
🎓 Higher education
100
86
😀 Quality of life
95
93
🏙️ Population
8.8M
2.79M

The cost of living in New York City is 81% more expensive than in Toronto. Cities ranked 3rd and 861st ($4441 vs $2453) in the list of the most expensive cities in the world and ranked 1st 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 1.3 months in Toronto. New York City ranked 2nd best city to live in the United States vs Toronto ranked 2nd in Canada, while ranked 22nd and 59th 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
$29.7
$17.3
🥂 Dinner in a Restaurant, for 2
$133
$74.9
🥪 Fast food meal, equiv. McDonald's
$12
$10.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.94
$6.08
 Cappuccino
$5.95
$4.07
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.2
$2.14
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$3501
$1577
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$2603
$1302
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$4776
$2556
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$5236
$2087
🔌 Utility Bill one person, electricity, heating, water, etc.
$112
$74.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$171
$114
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$65.5
$48.6
🏦 Mortgage Interest Rate for 20 Years
6.55%
5.83%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$17935
$9200
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$12929
$7455
Transportation
🚌 Local transport ticket
$2.91
$2.34
🎟️ Monthly ticket local transport
$132
$112
🚕 Taxi Ride, 8 km or 5 mi
$22.5
$15.4
 Gas / Petrol, 1 L or 0.26 gal
$1
$1.09
Groceries
🥛 Milk, 1 L or 1 qt
$1.53
$2.76
🍞 Bread, 0.5 kg or 1.1 lb
$5.04
$2.44
🍚 Rice, 1 kg or 2.2 lb
$7.95
$2.81
🥚 Eggs, x12
$5.54
$3.73
🧀 Cheese, 1 kg or 2.2 lb
$17.6
$13.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$15.4
$12.9
🥩 Round Steak, 1 kg or 2.2 lb
$20
$15
🍏 Apples, 1 kg or 2.2 lb
$7.6
$3.82
🍌 Banana, 1 kg or 2.2 lb
$2.37
$1.16
🍊 Oranges, 1 kg or 2.2 lb
$6.05
$3.25
🍅 Tomato, 1 kg or 2.2 lb
$6.2
$3.95
🥔 Potato, 1 kg or 2.2 lb
$3.66
$2.64
🧅 Onion, 1 kg or 2.2 lb
$3.84
$2.89
🌊 Water, 1 L or 1 qt
$1.72
$1.18
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.41
$2.34
🍾 Wine (mid-priced), 750 mL bottle
$20
$13.5
🍺 Beer, 0.5 L or 16 fl oz
$2.89
$2.5
🚬 Cigarette pack
$18.1
$13.2
💊 Cold medicince, 1 week
$9.89
$12.7
🧴 Hair Shampoo
$5.44
$5.96
🧻 Toilet paper, 4 rolls
$6.94
$3.23
👄 Toothpaste, 1 tube
$1.95
$3.62
Other
🏋️ Gym Membership, 1 month
$71
$47.2
🎫 Cinema Ticket, 1 person
$20.1
$12.2
👩‍⚕️ Doctor's visit
$173
$65.9
💇 Haircut, simple
$36.1
$22.2
👖 Brand Jeans
$67.3
$53.2
👟 Brand Sneakers
$113
$88.8
👶 Daycare or Preschool, 1 month
$1784
$1130
🏫 International Primary School, 1 year
$21465
$17118

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Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2534
11 km or 6.8 mi Hoboken
$3271
11 km or 7.1 mi Jersey
$3040
13 km or 8.3 mi Union
$2886
14 km or 8.8 mi West New York
$2703
14 km or 8.9 mi Bayonne
$3302
15 km or 9.6 mi North Bergen
$2701
17 km or 10 mi Secaucus
$2756
17 km or 11 mi Cliffside Park
$2698
18 km or 11 mi Kearny
$2720
20 km or 12 mi Valley Stream
$2730
20 km or 13 mi Fort Lee
$2792
20 km or 13 mi Lyndhurst
$2667
22 km or 14 mi Newark
$2729
23 km or 14 mi Elizabeth
$2740
23 km or 14 mi Belleville
$2512
25 km or 15 mi Hillside
$2693
25 km or 15 mi Long Beach
$2732
25 km or 15 mi Nutley
$2531
25 km or 16 mi East Orange
$2587
25 km or 16 mi Irvington
$2637
26 km or 16 mi Rockville Centre
$2614
26 km or 16 mi Linden
$2749
26 km or 16 mi Hackensack
$2664
26 km or 16 mi Bloomfield
$2480
26 km or 16 mi Teaneck
$2715
26 km or 16 mi Carteret
$2722
26 km or 16 mi Passaic
$2676
27 km or 17 mi Roselle
$2747
27 km or 17 mi Hempstead
$2664
28 km or 17 mi Union Township
$2716
28 km or 18 mi Clifton
$2745
28 km or 18 mi Maplewood
$2611
29 km or 18 mi Montclair
$2456
29 km or 18 mi Bergenfield
$2674
29 km or 18 mi Mount Vernon
$2772
30 km or 18 mi Rahway
$2730
30 km or 18 mi Uniondale
$2610
30 km or 18 mi West Orange
$2456
30 km or 18 mi New Rochelle
$3111

Cities near Toronto

Distance City Cost of living
20 km or 13 mi Vaughan
$2267
23 km or 14 mi Mississauga
$2370
24 km or 15 mi Richmond Hill
$2447
26 km or 16 mi Markham
$2291
31 km or 19 mi Brampton
$1946
34 km or 21 mi Oakville
$2142
35 km or 22 mi Ajax
$2432
46 km or 28 mi Halton Hills
$1966
50 km or 31 mi Oshawa
$1554
51 km or 32 mi Burlington
$2185
54 km or 34 mi New Tecumseth
$2019
56 km or 35 mi St. Catharines
$1846
60 km or 37 mi Hamilton
$2017
65 km or 40 mi Orangeville
$1861
67 km or 41 mi Niagara Falls
$1771
71 km or 44 mi Niagara Falls
$1888
71 km or 44 mi Guelph
$1899
77 km or 48 mi Welland
$1554
81 km or 50 mi Grand Island
$2009
81 km or 51 mi Lockport
$2021
82 km or 51 mi North Tonawanda
$1992
82 km or 51 mi Cambridge
$2089
84 km or 52 mi Barrie
$1849
89 km or 56 mi Brantford
$1783
90 km or 56 mi Amherst
$2013
92 km or 57 mi Kitchener
$2056
94 km or 58 mi Waterloo
$1977
96 km or 59 mi Buffalo
$2183
100 km or 62 mi Cheektowaga
$2107
100 km or 62 mi Clarence
$2056
103 km or 64 mi West Seneca
$2145
103 km or 64 mi Orillia
$1910
105 km or 65 mi Lancaster
$2082
111 km or 69 mi Peterborough
$1990
112 km or 70 mi Hamburg
$2101
114 km or 71 mi Orchard Park
$2100
132 km or 82 mi Stratford
$1680
146 km or 91 mi Greece
$2097
146 km or 91 mi Chili
$2081
148 km or 92 mi Gates
$2095