Cost of Living Comparison Between Toronto and Miami, FL 

Indices DifferenceInfo
Cost of Living in Miami, FL is 13.2% higher than in Toronto (without rent)
Cost of Living Including Rent in Miami, FL is 27.4% higher than in Toronto
Rent Prices in Miami, FL are 50.3% higher than in Toronto
Restaurant Prices in Miami, FL are 22.9% higher than in Toronto
Groceries Prices in Miami, FL are 6.1% higher than in Toronto
Local Purchasing Power in Miami, FL is 2.6% lower than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Miami, FL Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(18.30 $)
34.15 C$
(25.00 $)
     +36.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(87.84 $)
136.61 C$
(100.00 $)
     +13.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.98 $)
16.39 C$
(12.00 $)
     +9.3 %
Domestic Beer (1 pint draught) 8.00 C$
(5.86 $)
9.56 C$
(7.00 $)
     +19.5 %
Imported Beer (12 oz small bottle) 10.00 C$
(7.32 $)
10.93 C$
(8.00 $)
     +9.3 %
Cappuccino (regular) 5.40 C$
(3.95 $)
6.68 C$
(4.89 $)
     +23.6 %
Coke/Pepsi (12 oz small bottle) 2.96 C$
(2.17 $)
3.82 C$
(2.79 $)
     +28.8 %
Water (12 oz small bottle) 2.24 C$
(1.64 $)
3.05 C$
(2.23 $)
     +36.1 %
Markets
Toronto Edit Miami, FL Edit
Milk (regular), (1 gallon) 16.01 C$
(11.72 $)
5.91 C$
(4.33 $)
     -63.1 %
Loaf of Fresh White Bread (1 lb) 3.47 C$
(2.54 $)
4.46 C$
(3.26 $)
     +28.6 %
Rice (white), (1 lb) 2.10 C$
(1.54 $)
2.86 C$
(2.09 $)
     +36.0 %
Eggs (regular) (12) 4.84 C$
(3.54 $)
5.58 C$
(4.09 $)
     +15.4 %
Local Cheese (1 lb) 7.13 C$
(5.22 $)
8.30 C$
(6.07 $)
     +16.4 %
Chicken Fillets (1 lb) 7.80 C$
(5.71 $)
7.24 C$
(5.30 $)
     -7.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.72 C$
(6.38 $)
9.90 C$
(7.25 $)
     +13.6 %
Apples (1 lb) 2.38 C$
(1.74 $)
3.94 C$
(2.88 $)
     +65.5 %
Banana (1 lb) 0.92 C$
(0.67 $)
1.13 C$
(0.83 $)
     +22.5 %
Oranges (1 lb) 2.46 C$
(1.80 $)
2.71 C$
(1.98 $)
     +10.4 %
Tomato (1 lb) 2.35 C$
(1.72 $)
3.05 C$
(2.23 $)
     +29.5 %
Potato (1 lb) 1.66 C$
(1.21 $)
1.56 C$
(1.14 $)
     -6.1 %
Onion (1 lb) 1.73 C$
(1.27 $)
2.00 C$
(1.47 $)
     +15.6 %
Lettuce (1 head) 3.15 C$
(2.31 $)
3.74 C$
(2.74 $)
     +18.7 %
Water (1.5 liter bottle) 2.42 C$
(1.77 $)
3.05 C$
(2.24 $)
     +26.1 %
Bottle of Wine (Mid-Range) 19.00 C$
(13.91 $)
17.76 C$
(13.00 $)
     -6.5 %
Domestic Beer (0.5 liter bottle) 3.49 C$
(2.55 $)
2.78 C$
(2.03 $)
     -20.3 %
Imported Beer (12 oz small bottle) 3.72 C$
(2.73 $)
3.46 C$
(2.53 $)
     -7.1 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.64 $)
12.91 C$
(9.45 $)
     -35.5 %
Transportation
Toronto Edit Miami, FL Edit
One-way Ticket (Local Transport) 3.35 C$
(2.45 $)
3.07 C$
(2.25 $)
     -8.2 %
Monthly Pass (Regular Price) 156.00 C$
(114.19 $)
155.39 C$
(113.75 $)
     -0.4 %
Taxi Start (Normal Tariff) 5.00 C$
(3.66 $)
4.06 C$
(2.98 $)
     -18.7 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.06 $)
2.87 C$
(2.10 $)
     +1.9 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.69 $)
32.79 C$
(24.00 $)
     +5.8 %
Gasoline (1 gallon) 6.12 C$
(4.48 $)
4.77 C$
(3.49 $)
     -22.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$
(25,144.74 $)
47,813.18 C$
(35,000.00 $)
     +39.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,793.75 C$
(22,541.51 $)
34,091.07 C$
(24,955.19 $)
     +10.7 %
Utilities (Monthly)
Toronto Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 159.67 C$
(116.88 $)
231.14 C$
(169.20 $)
     +44.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.86 C$
(46.74 $)
84.34 C$
(61.74 $)
     +32.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 72.65 C$
(53.18 $)
85.33 C$
(62.46 $)
     +17.4 %
Sports And Leisure
Toronto Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 69.49 C$
(50.87 $)
103.19 C$
(75.53 $)
     +48.5 %
Tennis Court Rent (1 Hour on Weekend) 28.37 C$
(20.77 $)
31.93 C$
(23.38 $)
     +12.6 %
Cinema, International Release, 1 Seat 18.00 C$
(13.18 $)
20.49 C$
(15.00 $)
     +13.8 %
Childcare
Toronto Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,545.84 C$
(1,131.58 $)
1,588.08 C$
(1,162.50 $)
     +2.7 %
International Primary School, Yearly for 1 Child 24,963.85 C$
(18,273.93 $)
38,705.91 C$
(28,333.33 $)
     +55.0 %
Clothing And Shoes
Toronto Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.88 C$
(60.67 $)
65.97 C$
(48.29 $)
     -20.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.31 C$
(36.83 $)
69.67 C$
(51.00 $)
     +38.5 %
1 Pair of Nike Running Shoes (Mid-Range) 138.29 C$
(101.23 $)
110.31 C$
(80.75 $)
     -20.2 %
1 Pair of Men Leather Business Shoes 165.42 C$
(121.09 $)
134.33 C$
(98.33 $)
     -18.8 %
Rent Per Month
Toronto Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 2,520.61 C$
(1,845.13 $)
3,789.19 C$
(2,773.75 $)
     +50.3 %
Apartment (1 bedroom) Outside of Centre 2,157.27 C$
(1,579.16 $)
2,887.59 C$
(2,113.76 $)
     +33.9 %
Apartment (3 bedrooms) in City Centre 4,436.51 C$
(3,247.59 $)
7,319.99 C$
(5,358.34 $)
     +65.0 %
Apartment (3 bedrooms) Outside of Centre 3,621.75 C$
(2,651.18 $)
5,143.46 C$
(3,765.09 $)
     +42.0 %
Buy Apartment Price
Toronto Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,303.09 C$
(953.88 $)
807.88 C$
(591.38 $)
     -38.0 %
Price per Square Feet to Buy Apartment Outside of Centre 1,019.91 C$
(746.59 $)
496.71 C$
(363.60 $)
     -51.3 %
Salaries And Financing
Toronto Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 4,752.90 C$
(3,479.20 $)
5,899.22 C$
(4,318.32 $)
     +24.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.52 6.58      +0.9 %
Last update: May 2024May 2024
Contributors in the past 12 months:788150