New York vs Toronto Cost of Living

New York (United States) · Overall index 100.0Toronto (Canada) · Overall index 67.1

Summary

  • Overall, Toronto is 33% cheaper than New York.
  • Rent in Toronto is 50% cheaper than in New York.
  • Dining out in Toronto is 30% cheaper than in New York.
ItemNew YorkTorontoDiff
Rent-50%
1-bedroom apartment, city centre (monthly)$4,328$1,981-54%
1-bedroom apartment, outside centre (monthly)$2,796$1,407-50%
3-bedroom apartment, city centre (monthly)$7,980$3,672-54%
3-bedroom apartment, outside centre (monthly)$4,915$2,749-44%
Groceries-26%
Milk (1L)$1.48$1.19-20%
White bread (500g)$4.03$3.39-16%
Rice (1kg)$5.54$4.39-21%
Eggs (12)$5.18$4.27-18%
Local cheese (1kg)$16.5$11.2-32%
Chicken fillets (1kg)$13.6$9.45-31%
Beef round (1kg)$22.8$14-39%
Apples (1kg)$6.73$4.7-30%
Bananas (1kg)$2.56$1.87-27%
Oranges (1kg)$5.31$3.71-30%
Tomatoes (1kg)$6.04$4.59-24%
Potatoes (1kg)$3.01$2.56-15%
Onions (1kg)$3.09$2.05-34%
Lettuce (1 head)$2.85$2.32-19%
Water (1.5L bottle)$2.81$1.89-33%
Bottle of wine (mid-range)$17$12.4-27%
Transport-25%
Public transport, one-way ticket$2.75$2.15-22%
Public transport, monthly pass$145$94.1-35%
Taxi, base fare$4.13$2.85-31%
Taxi, per km$2.06$1.46-29%
Gasoline (1L)$0.93$0.8-14%
New compact car (e.g., VW Golf)$29,178$22,934-21%
Dining out-30%
Meal, inexpensive restaurant$25.5$15.9-38%
Meal for 2, mid-range restaurant (3 courses)$140$100-29%
Fast food combo meal$12.7$9.49-25%
Cappuccino$5.58$3.96-29%
Coke/Pepsi (0.33L, restaurant)$3.23$1.93-40%
Domestic beer (0.5L, restaurant)$8.19$5.65-31%
Imported beer (0.33L, restaurant)$8.34$6.42-23%
Water (0.33L, restaurant)$2.48$1.79-28%
Telecom-16%
Mobile plan, calls + 10GB+ data (monthly)$64.2$54.7-15%
Broadband internet 60Mbps+ (monthly)$66.9$58-13%
Prepaid mobile tariff (1 min)$0.38$0.28-26%
Video streaming subscription (monthly)$14.9$13.3-11%
Utilities & household-26%
Basic utilities, 85m² apartment (monthly)$173$147-15%
Electricity (1 kWh)$0.25$0.19-24%
Tap water (1m³)$4.81$4.15-14%
Natural gas (1m³)$1.75$1.14-35%
Waste collection (monthly)$23.6$16.6-30%
Fitness club (monthly)$94.7$73.8-22%
Cinema ticket (1 seat)$16.6$11.3-32%
Men's haircut$36.8$24.9-32%
Domestic cleaning (1 hour)$25.1$20.1-20%
Private kindergarten (monthly)$2,473$1,657-33%

3,051 total data points · Price data as of 2026-07-01 · Exchange rates as of 2026-07-15

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