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According to Runheimer International, Toronto is one of the least
expensive cities to live in the world. When compared to New York
City, it is reported that the average cost (in US$) for a two-bedroom
apartment is $4,275 in NYC, while it is $1,658 in Toronto.
An average cup of coffee is $3.35 in New York, and only $1.85
in Toronto. Their research shows a family of three making US$100,000/year
would only need US$65,958 to live the same lifestyle in Toronto.
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