London
New YorkVS
London is 51% cheaper than New York overall.
| London | New York | |
|---|---|---|
| Rent (1BR City Centre) | $1,700.00 CAD | $5,455.32 CAD |
| Rent (1BR Outside Centre) | $1,450.00 CAD | $4,336.28 CAD |
| Groceries Index | 100 | 120 |
| Monthly Transit Pass | $100.00 CAD | $184.64 CAD |
| Utilities (monthly) | $140.00 CAD | $223.81 CAD |
| Gas (per litre) | $1.60 CAD | $1.47 CAD |
| Mid-range Meal | $24.00 CAD | $41.96 CAD |
| Gym Membership | $50.00 CAD | $111.90 CAD |
| Childcare (monthly) | $1,200.00 CAD | $3,077.36 CAD |
Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.
Salary Equivalence Calculator
If you earn $in London...
You would need $122,091 in New York to maintain the same lifestyle.
Frequently asked questions
Is London cheaper than New York?
London is 51% cheaper than New York overall.
How much is rent in London vs New York?
A one-bedroom in the city centre averages $1,700 CAD per month in London and $3,900 USD in New York. Outside the centre, it is $1,450 CAD in London and $3,100 USD in New York.
What salary do I need to move from London to New York?
On average, you need about 203% of your current salary — for example, $60,000 in London is roughly equivalent to $122,091 in New York.