New York City vs Toronto: Cost of Living Compared

Toronto is roughly 53% cheaper overall — about $2,049 versus $4,404 per month for a single person. A city-centre one-bedroom averages $1,690 in Toronto against $4,478 in New York City. Toronto scores higher on safety (77 vs 45/100). Internet is faster in New York City (303 vs 256 Mbps).

City Comparer

New York City, United States
New York CityUnited States
Toronto, Canada
TorontoCanada
81%overall match
New York City leads in cowork spacesToronto is 2.6x cheaperNew York City leads in bikeability
💰Cost🛡️Safety☀️Weather🎭Culture🏄Activities🌐Internet
New York CityToronto
Daily Cost$147/day
$68/day
Monthly Cost$4,404
$2,049
Rent$4,478
$1,690
Safety45
77
Healthcare63
74
Air Quality72
73
Tourist Safety60
72
Disaster Risk20
12
Winter High48°F
35°F
Summer High86°F
79°F
Sunny Days211
180
Rainy Days102
103
Nightlife87
80
Food92
82
Culture95
85
Coffee Culture90
55
Veg Friendly85
82
Late Night5/6
3/6
Cleanliness45
42
Green Spaces70
45
Hiking35
45
Beaches25
15
Surfing10
10
Skiing20
0
Diving0
15
Yoga80
40
Running82
40
Sports98
88
Bikeability62
20
Internet303 Mbps
256 Mbps
Transit89
78
Walkability88
61
Cowork Spaces200
85
Power Reliability100
100

New York City vs Toronto FAQ

Is New York City or Toronto cheaper to live in?

Toronto is cheaper — about $2,049 per month versus $4,404, roughly 53% less.

Is New York City or Toronto safer?

Toronto scores higher: 77/100 versus 45/100.

Which has faster internet, New York City or Toronto?

New York City — median download speeds are 303 Mbps versus 256 Mbps.