New York vs Toronto

Cost of living comparison — which city stretches your money further?

New York

United States

100cost index

New York is 0% cheaper than the US average.

More Affordable
Toronto

Canada

67.5cost index

Toronto is 32.5% cheaper than the US average.

Price Difference

48.1%

New York is 48.1% pricier than Toronto

Salary Equivalent

1.48x

If I earnin New York
I need approxCA$91,800in Toronto

Understanding the New York vs Toronto Comparison

The cost of living comparison between New York, United States and Toronto, Canadahighlights the economic differences between these two locations. With New York at an index of 100and Toronto at 67.5, the data shows that Toronto is significantly more affordable for the average resident.

When moving or traveling between these cities, it's important to adjust your salary expectations. A salary in New York does not have the same purchasing power as the same amount in Toronto. Our Global Mirror tool helps you visualize this difference by "mirroring" your current lifestyle in the target city.

Relocation & Price Comparison FAQ