New York City Wins
1
of 6 categories
Tied
0
categories
Toronto Wins
5
of 6 categories
Category Breakdown
Compare costs across 6 key categories
Overall Cost
100
New York City
vs
88
Toronto
Toronto is 12 pts cheaper
Rent
100
New York City
vs
105
Toronto
New York City is 5 pts cheaper
Groceries
100
New York City
vs
85
Toronto
Toronto is 15 pts cheaper
Restaurants
100
New York City
vs
80
Toronto
Toronto is 20 pts cheaper
Transport
100
New York City
vs
82
Toronto
Toronto is 18 pts cheaper
Utilities
100
New York City
vs
88
Toronto
Toronto is 12 pts cheaper
Salary Equivalence
How much you'd need in Toronto to match a New York City salary
| Salary in New York City | Equivalent in Toronto | Difference |
|---|---|---|
| $50,000 | $44,000 | $6,000 less |
| $75,000 | $66,000 | $9,000 less |
| $100,000 | $88,000 | $12,000 less |
| $125,000 | $110,000 | $15,000 less |
| $150,000 | $132,000 | $18,000 less |
| $200,000 | $176,000 | $24,000 less |
New York City vs Toronto: Summary
The overall cost of living differs by 12%. Toronto is the more affordable option.
Rent: New York City has a rent index of 100, while Toronto has 105.
Average Salaries: New York City: $5,500/month vs Toronto: $2,655/month (both in USD).
Out of 6 categories, New York City wins 1, while Toronto wins 5.
Compare more cities or calculate your US take-home pay.