New York City vs Toronto - Cost of Living Comparison

Updated: October 14, 2025

	New York City	Toronto
🚶 Cost of living one person	$4203	$2464
👨‍👩‍👧‍👦 Cost of living Family	$9136	$5417
🏠 One person rent	$2713	$1477
🏘️ Family rent	$4396	$2341
🍽️ Food expenses	$874	$612
🚐 Transport expenses	$379	$241
💳 Monthly salary after tax	$5599	$3342
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	13 km	5 km
🎓 Higher education	100	86
😀 Quality of life	98	99
🏙️ Population	8.8M	2.79M

The cost of living in New York City is 71% more expensive than in Toronto. Cities ranked 4th and 918th ($4203 vs $2464) in the list of the most expensive cities in the world and ranked 2nd and 2nd 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 1.3 months in New York City compared to 1.4 months in Toronto. New York City ranked 1st best city to live in the United States vs Toronto ranked 1st in Canada, while ranked 11th and 6th among best cities to live in the world.

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the estimated difference in money purchasing power

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	$23.2	$16.8
🥂 Dinner in a Restaurant, for 2	$92.4	$76.4
🥪 Fast food meal, equiv. McDonald's	$14	$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.67	$6.59
☕ Cappuccino	$6.18	$4.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.07	$2.02
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$3669	$1544
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$2221	$1290
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$5076	$2463
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3880	$2085
🔌 Utility Bill one person, electricity, heating, water, etc.	$137	$85.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$211	$130
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$66.2	$49.8
🏦 Mortgage Interest Rate for 20 Years	6.42%	4.5%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$15299	$8820
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$11127	$7326
Transportation
🚌 Local transport ticket	$2.93	$2.34
🎟️ Monthly ticket local transport	$134	$111
🚕 Taxi Ride, 8 km or 5 mi	$25	$16
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.9	$1.04
Groceries
🥛 Milk, 1 L or 1 qt	$1.58	$2.67
🍞 Bread, 0.5 kg or 1.1 lb	$4.49	$2.44
🍚 Rice, 1 kg or 2.2 lb	$6.71	$3.14
🥚 Eggs, x12	$7.75	$3.42
🧀 Cheese, 1 kg or 2.2 lb	$19.9	$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$15.9	$13.7
🥩 Round Steak, 1 kg or 2.2 lb	$19.5	$16.5
🍏 Apples, 1 kg or 2.2 lb	$7.19	$4.11
🍌 Banana, 1 kg or 2.2 lb	$2.5	$1.2
🍊 Oranges, 1 kg or 2.2 lb	$5.91	$3.63
🍅 Tomato, 1 kg or 2.2 lb	$6.35	$4.07
🥔 Potato, 1 kg or 2.2 lb	$3.38	$2.73
🧅 Onion, 1 kg or 2.2 lb	$3.71	$2.54
🌊 Water, 1 L or 1 qt	$1.66	$1.21
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.76	$2.33
🍾 Wine (mid-priced), 750 mL bottle	$18.1	$13.5
🍺 Beer, 0.5 L or 16 fl oz	$4.3	$2.46
🚬 Cigarette pack	$18.8	$13.9
💊 Cold medicince, 1 week	$23.2	$11.5
🧴 Hair Shampoo	$13.9	$5.96
🧻 Toilet paper, 4 rolls	$8.03	$3.45
👄 Toothpaste, 1 tube	$2.87	$3.69
Other
🏋️ Gym Membership, 1 month	$128	$48.5
🎫 Cinema Ticket, 1 person	$20.7	$11.9
👩‍⚕️ Doctor's visit	$157	$72.7
💇 Haircut, simple	$37.3	$23.4
👖 Brand Jeans	$63.2	$55.3
👟 Brand Sneakers	$119	$81.7
👶 Daycare or Preschool, 1 month	$1884	$1020
🏫 International Primary School, 1 year	$22663	$17676

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	$2569
11 km or 6.8 mi	Hoboken	$3364
11 km or 7.1 mi	Jersey	$3066
13 km or 8.3 mi	Union	$2913
14 km or 8.8 mi	West New York	$2733
14 km or 8.9 mi	Bayonne	$3253
15 km or 9.6 mi	North Bergen	$2717
17 km or 10 mi	Secaucus	$2783
17 km or 11 mi	Cliffside Park	$2727
18 km or 11 mi	Kearny	$2725
20 km or 12 mi	Valley Stream	$2735
20 km or 13 mi	Fort Lee	$2811
20 km or 13 mi	Lyndhurst	$2671
22 km or 14 mi	Newark	$2712
23 km or 14 mi	Elizabeth	$2765
23 km or 14 mi	Belleville	$2538
25 km or 15 mi	Hillside	$2688
25 km or 15 mi	Long Beach	$2756
25 km or 15 mi	Nutley	$2545
25 km or 16 mi	East Orange	$2475
25 km or 16 mi	Irvington	$2614
26 km or 16 mi	Rockville Centre	$2647
26 km or 16 mi	Linden	$2770
26 km or 16 mi	Hackensack	$2705
26 km or 16 mi	Bloomfield	$2513
26 km or 16 mi	Teaneck	$2749
26 km or 16 mi	Carteret	$2774
26 km or 16 mi	Passaic	$2695
27 km or 17 mi	Roselle	$2769
27 km or 17 mi	Hempstead	$2655
28 km or 17 mi	Union Township	$2730
28 km or 18 mi	Clifton	$2718
28 km or 18 mi	Maplewood	$2609
29 km or 18 mi	Montclair	$2506
29 km or 18 mi	Bergenfield	$2723
29 km or 18 mi	Mount Vernon	$2911
30 km or 18 mi	Rahway	$2779
30 km or 18 mi	Uniondale	$2680
30 km or 18 mi	West Orange	$2470
30 km or 18 mi	New Rochelle	$3174

Cities near Toronto

Distance	City	Cost of living
20 km or 13 mi	Vaughan	$2241
23 km or 14 mi	Mississauga	$2326
24 km or 15 mi	Richmond Hill	$2463
26 km or 16 mi	Markham	$2242
31 km or 19 mi	Brampton	$2033
34 km or 21 mi	Oakville	$2379
35 km or 22 mi	Ajax	$2449
46 km or 28 mi	Halton Hills	$2012
50 km or 31 mi	Oshawa	$1564
51 km or 32 mi	Burlington	$2193
54 km or 34 mi	New Tecumseth	$1995
56 km or 35 mi	St. Catharines	$2038
60 km or 37 mi	Hamilton	$2103
65 km or 40 mi	Orangeville	$1869
67 km or 41 mi	Niagara Falls	$1894
71 km or 44 mi	Niagara Falls	$1947
71 km or 44 mi	Guelph	$1998
77 km or 48 mi	Welland	$1705
81 km or 50 mi	Grand Island	$2049
81 km or 51 mi	Lockport	$2044
82 km or 51 mi	North Tonawanda	$2045
82 km or 51 mi	Cambridge	$2010
84 km or 52 mi	Barrie	$1443
89 km or 56 mi	Brantford	$1844
90 km or 56 mi	Amherst	$2096
92 km or 57 mi	Kitchener	$2071
94 km or 58 mi	Waterloo	$1928
96 km or 59 mi	Buffalo	$2187
100 km or 62 mi	Cheektowaga	$2124
100 km or 62 mi	Clarence	$2082
103 km or 64 mi	West Seneca	$2109
103 km or 64 mi	Orillia	$1936
105 km or 65 mi	Lancaster	$2083
111 km or 69 mi	Peterborough	$1971
112 km or 70 mi	Hamburg	$1868
114 km or 71 mi	Orchard Park	$2021
132 km or 82 mi	Stratford	$1683
146 km or 91 mi	Greece	$2036
146 km or 91 mi	Chili	$2031
148 km or 92 mi	Gates	$2043