Cost of Living
TorontoNew York
Analyze rent costs, grocery budgets, utilities, transit passes, and net income.
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AI Summary Advisor
"Living in Toronto is generally cheaper, with average rent of $1,950 compared to $3,800 in New York."
Expense Item (Monthly)
TorontoNew York
Rent (1 Bed, City Center)
$1,950$3,800
Grocery Budget
$380$450
Utilities (Electricity, Water, etc.)
$185$210
Monthly Public Transit Pass
$118$132
Internet Broadband
$62$70
Average Monthly Net Wage
$3,900/mo$6,500/mo
Sources: Government Open Data, Numbeo 2025Last Checked: Today
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