Cost of Living Comparison Between Toronto and Miami, FL 

Indices DifferenceInfo
Consumer Prices in Miami, FL are 8.4% higher than in Toronto (without rent)
Consumer Prices Including Rent in Miami, FL are 23.8% higher than in Toronto
Rent Prices in Miami, FL are 48.3% higher than in Toronto
Restaurant Prices in Miami, FL are 22.8% higher than in Toronto
Groceries Prices in Miami, FL are 1.7% lower than in Toronto
Local Purchasing Power in Miami, FL is 2.1% higher than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Miami, FL Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(18.29 $)
34.18 C$
(25.00 $)
     +36.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(87.77 $)
136.72 C$
(100.00 $)
     +13.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.97 $)
16.41 C$
(12.00 $)
     +9.4 %
Domestic Beer (1 pint draught) 8.00 C$
(5.85 $)
9.57 C$
(7.00 $)
     +19.6 %
Imported Beer (12 oz small bottle) 9.75 C$
(7.13 $)
10.94 C$
(8.00 $)
     +12.2 %
Cappuccino (regular) 5.44 C$
(3.98 $)
6.58 C$
(4.82 $)
     +21.1 %
Coke/Pepsi (12 oz small bottle) 2.96 C$
(2.16 $)
3.68 C$
(2.69 $)
     +24.7 %
Water (12 oz small bottle) 2.22 C$
(1.62 $)
2.93 C$
(2.14 $)
     +31.9 %
Markets
Toronto Edit Miami, FL Edit
Milk (regular), (1 gallon) 15.98 C$
(11.69 $)
6.04 C$
(4.42 $)
     -62.2 %
Loaf of Fresh White Bread (1 lb) 3.44 C$
(2.52 $)
4.48 C$
(3.28 $)
     +30.1 %
Rice (white), (1 lb) 2.16 C$
(1.58 $)
2.43 C$
(1.78 $)
     +12.3 %
Eggs (regular) (12) 4.79 C$
(3.50 $)
5.31 C$
(3.89 $)
     +10.9 %
Local Cheese (1 lb) 7.02 C$
(5.14 $)
8.28 C$
(6.05 $)
     +17.9 %
Chicken Fillets (1 lb) 7.80 C$
(5.70 $)
6.49 C$
(4.75 $)
     -16.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.83 C$
(6.46 $)
8.88 C$
(6.50 $)
     +0.6 %
Apples (1 lb) 2.42 C$
(1.77 $)
3.53 C$
(2.58 $)
     +45.9 %
Banana (1 lb) 0.94 C$
(0.69 $)
1.17 C$
(0.86 $)
     +24.6 %
Oranges (1 lb) 2.50 C$
(1.83 $)
2.30 C$
(1.68 $)
     -8.3 %
Tomato (1 lb) 2.29 C$
(1.67 $)
2.77 C$
(2.03 $)
     +21.1 %
Potato (1 lb) 1.64 C$
(1.20 $)
1.47 C$
(1.08 $)
     -10.4 %
Onion (1 lb) 1.74 C$
(1.27 $)
1.88 C$
(1.38 $)
     +8.2 %
Lettuce (1 head) 3.15 C$
(2.30 $)
3.50 C$
(2.56 $)
     +11.1 %
Water (1.5 liter bottle) 2.49 C$
(1.82 $)
2.83 C$
(2.07 $)
     +13.6 %
Bottle of Wine (Mid-Range) 19.00 C$
(13.90 $)
17.76 C$
(12.99 $)
     -6.5 %
Domestic Beer (0.5 liter bottle) 3.49 C$
(2.55 $)
2.73 C$
(2.00 $)
     -21.7 %
Imported Beer (12 oz small bottle) 3.82 C$
(2.79 $)
3.24 C$
(2.37 $)
     -15.2 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.63 $)
12.30 C$
(9.00 $)
     -38.5 %
Transportation
Toronto Edit Miami, FL Edit
One-way Ticket (Local Transport) 3.35 C$
(2.45 $)
3.08 C$
(2.25 $)
     -8.2 %
Monthly Pass (Regular Price) 156.00 C$
(114.11 $)
157.22 C$
(115.00 $)
     +0.8 %
Taxi Start (Normal Tariff) 5.00 C$
(3.66 $)
4.07 C$
(2.98 $)
     -18.7 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.06 $)
2.87 C$
(2.10 $)
     +1.9 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.67 $)
32.81 C$
(24.00 $)
     +5.8 %
Gasoline (1 gallon) 6.13 C$
(4.48 $)
4.75 C$
(3.48 $)
     -22.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$
(25,125.26 $)
47,850.25 C$
(35,000.00 $)
     +39.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,793.75 C$
(22,524.05 $)
34,117.49 C$
(24,955.19 $)
     +10.8 %
Utilities (Monthly)
Toronto Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 159.92 C$
(116.97 $)
232.57 C$
(170.11 $)
     +45.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 64.38 C$
(47.09 $)
77.85 C$
(56.94 $)
     +20.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.64 C$
(53.87 $)
84.54 C$
(61.83 $)
     +14.8 %
Sports And Leisure
Toronto Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 72.29 C$
(52.87 $)
93.19 C$
(68.17 $)
     +28.9 %
Tennis Court Rent (1 Hour on Weekend) 29.11 C$
(21.29 $)
32.62 C$
(23.86 $)
     +12.0 %
Cinema, International Release, 1 Seat 18.00 C$
(13.17 $)
20.51 C$
(15.00 $)
     +13.9 %
Childcare
Toronto Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,563.31 C$
(1,143.48 $)
1,589.31 C$
(1,162.50 $)
     +1.7 %
International Primary School, Yearly for 1 Child 24,966.43 C$
(18,261.66 $)
38,735.92 C$
(28,333.33 $)
     +55.2 %
Clothing And Shoes
Toronto Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 84.31 C$
(61.67 $)
63.57 C$
(46.50 $)
     -24.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.31 C$
(37.53 $)
58.96 C$
(43.12 $)
     +14.9 %
1 Pair of Nike Running Shoes (Mid-Range) 138.55 C$
(101.34 $)
109.75 C$
(80.28 $)
     -20.8 %
1 Pair of Men Leather Business Shoes 166.74 C$
(121.96 $)
132.16 C$
(96.67 $)
     -20.7 %
Rent Per Month
Toronto Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 2,524.99 C$
(1,846.90 $)
3,807.32 C$
(2,784.86 $)
     +50.8 %
Apartment (1 bedroom) Outside of Centre 2,231.69 C$
(1,632.37 $)
2,911.59 C$
(2,129.68 $)
     +30.5 %
Apartment (3 bedrooms) in City Centre 4,500.00 C$
(3,291.52 $)
7,386.57 C$
(5,402.90 $)
     +64.1 %
Apartment (3 bedrooms) Outside of Centre 3,657.86 C$
(2,675.53 $)
5,049.89 C$
(3,693.74 $)
     +38.1 %
Buy Apartment Price
Toronto Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,303.09 C$
(953.14 $)
786.82 C$
(575.52 $)
     -39.6 %
Price per Square Feet to Buy Apartment Outside of Centre 1,019.91 C$
(746.01 $)
491.56 C$
(359.55 $)
     -51.8 %
Salaries And Financing
Toronto Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 4,638.19 C$
(3,392.60 $)
5,864.27 C$
(4,289.41 $)
     +26.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.57      +0.7 %
Last update: May 2024April 2024
Contributors in the past 12 months:736149