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๐Ÿ” Change Comparison Cities
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City 2:

๐Ÿ’ก Smart Analysis

Comparing New York and Toronto: Average gross pay is 54% higher in New York. Cost of living is 38% cheaper in Toronto. With higher take-home and lower expenses, Toronto is a more financially comfortable place to live with an affordability score of 7/10 compared to 5.8/10.

Category Comparison
๐Ÿ‡บ๐Ÿ‡ธ
New York
๐Ÿ‡จ๐Ÿ‡ฆ
Toronto

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
$142,000/yr
HIGHER
$92,000/yr
Junior Developer Pay
$82,000
$50,000
Mid-Level Developer Pay
$120,000
$82,000
Senior Developer Pay
$175,000
$121,000
Lead / Architect Pay
$218,000
$149,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
$3,500
$1,900
Rent โ€” Suburbs (1 Bed)
$2,200
$1,200
Groceries (Monthly)
$600
$400
Public Transport Pass
$130
$120
Utilities (Electricity, Internet)
$300
$200
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
$4,835/mo
$2,993/mo
CHEAPER

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
25%
26%
Social Security Deduction
8%
5%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
$6,700/mo
$4,742/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
5.8
7
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
$1,865/mo
$1,749/mo
Months to Save $10,000
~5 months
~6 months
๐Ÿ‡บ๐Ÿ‡ธ Complete New York Breakdown & Charts โ†’ ๐Ÿ‡จ๐Ÿ‡ฆ Complete Toronto Breakdown & Charts โ†’