Is it more expensive to live in NYC or Toronto?

Cost of living in New York City (United States) is 38% more expensive than in Toronto (Canada)

Is NYC better than Toronto?

I would say Toronto most definitely. Less class inequality, less crime, much less guns around. There’s no (bad areas) to the extent of new York. Less people so better quality of life.

What salary do you need to live in Toronto?

According to the Ontario Living Wage Network (OLWN), people residing in Toronto need to make $22.08 per hour, which is the most in Ontario, to afford the basics.

Is Toronto cheaper to live?

Living in Toronto, particularly anywhere near downtown, can be expensive. Rents are among the highest in Canada, and other standard monthly expenses such as phone plans, groceries, and transit are not cheap either.

Is Toronto expensive or cheap?

While the cost of living has gone up this year, Toronto is still ranked rather low on the list of the 209 most expensive cities in the world. The results of Mercer’s 2021 Cost of Living Survey are in and Toronto has jumped from 115th last year to 98th this year.

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What city is most like Toronto?

Originally Answered: What US city does Toronto compare to? Toronto’s obvious comparable in the U.S. is Chicago, as other have mentioned. But since the 1980’s, Toronto and Chicago have diverged from one another, and Toronto is becoming more similar to New York City.

Is living in Toronto worth it?

Overall, the quality of life in Toronto is good – especially if you love winter sports. Getting around Toronto is a breeze and although many locals bemoan the public transit system (the TTC) it’s never really hard to get somewhere within the downtown core or city by public transit.

Is Toronto more expensive than Los Angeles?

Los Angeles is 126.8% more expensive than Toronto. Los Angeles housing costs are 747.2% more expensive than Toronto housing costs. Health related expenses are 17.9% less in Los Angeles.

Can you survive on minimum wage in Toronto?

Certainly you could survive on minimum wage, but I highly doubt that you could manage a life of comfort, especially when you live in expensive cities like Vancouver and Toronto. You may be able to as of 2019, if you are living in Ontario. Minimum wage in Ontario is going up from $11.40 to $15/hour.

Can an American move to Toronto?

The short answer? Yes, you can live in Canada if you are a U.S. citizen—and actually, unless you actually apply for citizenship in Canada, you will still be considered an American citizen, even if you are a permanent resident of Canada.

What is the least expensive state to live in?

1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

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Is Toronto more expensive than London?

Cost of living in London (United Kingdom) is 37% more expensive than in Toronto (Canada)