Cost of Living Comparison Between Toronto and Miami, FL 

Indices DifferenceInfo
Cost of Living in Miami, FL is 14.4% higher than in Toronto (excluding rent)
Cost of Living Including Rent in Miami, FL is 30.8% higher than in Toronto
Rent Prices in Miami, FL are 62.7% higher than in Toronto
Restaurant Prices in Miami, FL are 33.6% higher than in Toronto
Groceries Prices in Miami, FL are 7.5% higher than in Toronto
Local Purchasing Power in Miami, FL is 4.9% lower than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Miami, FL Edit Difference
Meal, Inexpensive Restaurant 25.12 C$
(18.01 $)
34.88 C$
(25.00 $)
     +38.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 117.50 C$
(84.21 $)
153.49 C$
(110.00 $)
     +30.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.75 $)
16.74 C$
(12.00 $)
     +11.6 %
Domestic Beer (1 pint draught) 8.00 C$
(5.73 $)
11.16 C$
(8.00 $)
     +39.5 %
Imported Beer (12 oz small bottle) 9.00 C$
(6.45 $)
12.56 C$
(9.00 $)
     +39.5 %
Cappuccino (regular) 5.24 C$
(3.76 $)
7.32 C$
(5.25 $)
     +39.7 %
Coke/Pepsi (12 oz small bottle) 2.97 C$
(2.13 $)
4.62 C$
(3.31 $)
     +55.3 %
Water (12 oz small bottle) 2.29 C$
(1.64 $)
3.85 C$
(2.76 $)
     +68.1 %
Markets
Toronto Edit Miami, FL Edit
Milk (regular), (1 gallon) 15.07 C$
(10.80 $)
6.31 C$
(4.52 $)
     -58.1 %
Loaf of Fresh White Bread (1 lb) 3.51 C$
(2.52 $)
4.92 C$
(3.52 $)
     +40.0 %
Rice (white), (1 lb) 2.13 C$
(1.53 $)
3.04 C$
(2.18 $)
     +42.6 %
Eggs (regular) (12) 4.83 C$
(3.46 $)
6.82 C$
(4.89 $)
     +41.0 %
Local Cheese (1 lb) 8.48 C$
(6.08 $)
9.02 C$
(6.47 $)
     +6.4 %
Chicken Fillets (1 lb) 8.17 C$
(5.86 $)
8.70 C$
(6.23 $)
     +6.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.02 C$
(7.18 $)
12.75 C$
(9.14 $)
     +27.2 %
Apples (1 lb) 2.61 C$
(1.87 $)
2.97 C$
(2.13 $)
     +13.8 %
Banana (1 lb) 0.71 C$
(0.51 $)
1.07 C$
(0.77 $)
     +51.3 %
Oranges (1 lb) 2.11 C$
(1.51 $)
2.19 C$
(1.57 $)
     +4.1 %
Tomato (1 lb) 2.57 C$
(1.85 $)
2.61 C$
(1.87 $)
     +1.6 %
Potato (1 lb) 1.59 C$
(1.14 $)
1.61 C$
(1.16 $)
     +1.8 %
Onion (1 lb) 1.82 C$
(1.31 $)
2.07 C$
(1.49 $)
     +13.8 %
Lettuce (1 head) 3.15 C$
(2.26 $)
4.02 C$
(2.88 $)
     +27.5 %
Water (1.5 liter bottle) 2.66 C$
(1.91 $)
2.80 C$
(2.01 $)
     +5.3 %
Bottle of Wine (Mid-Range) 18.00 C$
(12.90 $)
20.93 C$
(15.00 $)
     +16.3 %
Domestic Beer (0.5 liter bottle) 3.68 C$
(2.63 $)
3.35 C$
(2.40 $)
     -8.8 %
Imported Beer (12 oz small bottle) 4.31 C$
(3.09 $)
4.03 C$
(2.89 $)
     -6.5 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.33 $)
13.81 C$
(9.90 $)
     -30.9 %
Transportation
Toronto Edit Miami, FL Edit
One-way Ticket (Local Transport) 3.35 C$
(2.40 $)
3.14 C$
(2.25 $)
     -6.3 %
Monthly Pass (Regular Price) 156.00 C$
(111.80 $)
144.77 C$
(103.75 $)
     -7.2 %
Taxi Start (Normal Tariff) 5.00 C$
(3.58 $)
5.58 C$
(4.00 $)
     +11.6 %
Taxi 1 mile (Normal Tariff) 3.22 C$
(2.31 $)
2.93 C$
(2.10 $)
     -9.0 %
Taxi 1hour Waiting (Normal Tariff) 35.00 C$
(25.08 $)
62.79 C$
(45.00 $)
     +79.4 %
Gasoline (1 gallon) 5.79 C$
(4.15 $)
4.77 C$
(3.42 $)
     -17.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,087.00 C$
(24,428.73 $)
44,267.95 C$
(31,725.00 $)
     +29.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,943.84 C$
(20,742.85 $)
35,788.03 C$
(25,647.79 $)
     +23.6 %
Utilities (Monthly)
Toronto Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 161.98 C$
(116.09 $)
207.37 C$
(148.61 $)
     +28.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.13 C$
(36.64 $)
93.95 C$
(67.33 $)
     +83.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.93 C$
(51.55 $)
88.91 C$
(63.72 $)
     +23.6 %
Sports And Leisure
Toronto Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 74.85 C$
(53.64 $)
89.86 C$
(64.40 $)
     +20.1 %
Tennis Court Rent (1 Hour on Weekend) 28.24 C$
(20.24 $)
36.28 C$
(26.00 $)
     +28.5 %
Cinema, International Release, 1 Seat 17.00 C$
(12.18 $)
22.33 C$
(16.00 $)
     +31.3 %
Childcare
Toronto Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,537.77 C$
(1,102.06 $)
1,938.98 C$
(1,389.58 $)
     +26.1 %
International Primary School, Yearly for 1 Child 24,619.21 C$
(17,643.57 $)
31,395.71 C$
(22,500.00 $)
     +27.5 %
Clothing And Shoes
Toronto Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 76.34 C$
(54.71 $)
72.16 C$
(51.71 $)
     -5.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.61 C$
(38.42 $)
73.95 C$
(53.00 $)
     +38.0 %
1 Pair of Nike Running Shoes (Mid-Range) 120.77 C$
(86.55 $)
125.58 C$
(90.00 $)
     +4.0 %
1 Pair of Men Leather Business Shoes 154.61 C$
(110.80 $)
160.08 C$
(114.72 $)
     +3.5 %
Rent Per Month
Toronto Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 2,460.30 C$
(1,763.19 $)
4,024.96 C$
(2,884.52 $)
     +63.6 %
Apartment (1 bedroom) Outside of Centre 2,107.13 C$
(1,510.09 $)
2,911.02 C$
(2,086.21 $)
     +38.2 %
Apartment (3 bedrooms) in City Centre 4,046.82 C$
(2,900.19 $)
7,311.77 C$
(5,240.04 $)
     +80.7 %
Apartment (3 bedrooms) Outside of Centre 3,367.97 C$
(2,413.69 $)
5,223.02 C$
(3,743.12 $)
     +55.1 %
Buy Apartment Price
Toronto Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,174.95 C$
(842.04 $)
808.62 C$
(579.50 $)
     -31.2 %
Price per Square Feet to Buy Apartment Outside of Centre 950.61 C$
(681.26 $)
510.17 C$
(365.62 $)
     -46.3 %
Salaries And Financing
Toronto Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 4,345.97 C$
(3,114.57 $)
5,404.44 C$
(3,873.13 $)
     +24.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.16 6.56      +27.1 %
Last update: 15 May 20256 May 2025
Contributors in the past 12 months:624132