Cost of living in Toronto (Canada) is 42% 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 1,303 prices entered by 184 different people.

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TOTAL - 42%
warning WARNING!  This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,303 prices entered by 184 different people.
These prices were last updated on July 17, 2025. Exchange rate: 0.730 USD / CAD
For example, to keep the same standard of living that would require $19,000 in New York City you would need to make just about $11,064 (C$15,156) in Toronto.

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