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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Currency:
| Food | - 35% | |||
|---|---|---|---|---|
| Food in Toronto (Canada) is 35% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | C$29 ($21) | $30 | - 30% | |
| Combo meal in fast food restaurant (big mac meal or similar) | C$16 ($12) | $15 | - 22% | |
| 500 gr (1 lb.) of boneless chicken breast | C$9 ($7) | $7 | - 8% | |
| 1 liter (1 qt.) of whole fat milk | C$3.90 ($2.85) | $1.36 | + 110% | |
| 12 eggs, large | C$5.29 ($3.86) | $8 | - 53% | |
| 1 kg (2 lb.) of tomatoes | C$5.61 ($4.10) | $8 | - 46% | |
| 500 gr (16 oz.) of local cheese | C$13 ($9) | $9 | + 10% | |
| 1 kg (2 lb.) of apples | C$5.81 ($4.24) | $5.68 | - 25% | |
| 1 kg (2 lb.) of potatoes | C$4.57 ($3.34) | $2.95 | + 13% | |
| 0.5 l (16 oz) domestic beer in the supermarket | C$3.14 ($2.30) | $8 | - 70% | |
| 1 bottle of red table wine, good quality | C$24 ($17) | $19 | - 10% | |
| 2 liters of coca-cola | C$3.25 ($2.37) | $3.79 | - 37% | |
| Bread for 2 people for 1 day | C$2.45 ($1.79) | $4.38 | - 59% | |
| Housing | - 47% | |||
| Housing in Toronto (Canada) is 47% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | C$3,295 ($2,405) | $6,011 | - 60% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | C$2,746 ($2,004) | $3,627 | - 45% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | C$233 ($170) | $297 | - 43% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | C$2,780 ($2,029) | $3,501 | - 42% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | C$2,235 ($1,632) | $2,615 | - 38% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | C$147 ($107) | $225 | - 52% | |
| Internet 8 mbps (1 month) | C$65 ($47) | $67 | - 30% | |
| 40” flat screen tv | C$426 ($311) | $380 | - 18% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | C$179 ($131) | $138 | - 5% | |
| Laundry detergent (3 l. ~ 100 oz.) | C$16 ($12) | $26 | - 54% | |
| Hourly rate for cleaning help | C$32 ($23) | $28 | - 18% | |
| Clothes | - 31% | |||
| Clothes in Toronto (Canada) is 31% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| 1 pair of jeans (levis 501 or similar) | C$71 ($52) | $69 | - 25% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | C$50 ($37) | $50 | - 26% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | C$106 ($77) | $126 | - 39% | |
| 1 pair of men’s leather business shoes | C$209 ($152) | $266 | - 43% | |
| Transportation | - 18% | |||
| Transportation in Toronto (Canada) is 18% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | C$32,976 ($24,073) | $48,568 | - 50% | |
| 1 liter (1/4 gallon) of gas | C$1.39 ($1.02) | $0.90 | + 14% | |
| Monthly ticket public transport | C$162 ($118) | $130 | - 9% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | C$25 ($18) | $34 | - 47% | |
| Personal Care | - 50% | |||
| Personal Care in Toronto (Canada) is 50% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | C$14 ($10) | $19 | - 46% | |
| 1 box of antibiotics (12 doses) | C$39 ($28) | $54 | - 48% | |
| Short visit to private doctor (15 minutes) | C$94 ($68) | $208 | - 67% | |
| 1 box of 32 tampons (tampax, ob, ...) | C$13 ($10) | $14 | - 28% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | C$8 ($5.89) | $10 | - 38% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | C$9 ($7) | $13 | - 50% | |
| 4 rolls of toilet paper | C$4.88 ($3.56) | $9 | - 62% | |
| Tube of toothpaste | C$5.11 ($3.73) | $3.14 | + 19% | |
| Standard men's haircut in expat area of the city | C$41 ($30) | $44 | - 33% | |
| Entertainment | - 62% | |||
| Entertainment in Toronto (Canada) is 62% cheaper than in New York City (United States) | ||||
| Update prices | Update prices | |||
| Toronto | New York City | Diff | ||
| Basic dinner out for two in neighborhood pub | C$82 ($60) | $86 | - 31% | |
| 2 tickets to the movies | C$36 ($26) | $38 | - 32% | |
| 2 tickets to the theater (best available seats) | C$289 ($211) | $541 | - 61% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | C$144 ($105) | $229 | - 54% | |
| 1 cocktail drink in downtown club | C$16 ($12) | $20 | - 42% | |
| Cappuccino in expat area of the city | C$7 ($4.76) | $7 | - 32% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | C$10 ($7) | $9 | - 24% | |
| Ipad wi-fi 128gb | C$728 ($531) | $853 | - 38% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | C$0.34 ($0.25) | $1.66 | - 85% | |
| 1 month of gym membership in business district | C$77 ($56) | $177 | - 68% | |
| 1 package of marlboro cigarettes | C$17 ($13) | $18 | - 31% | |
 |
TOTAL | - 42% | ||
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
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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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