Cost of Living Comparison Between Toronto and Miami, FL 

Indices DifferenceInfo
Cost of Living in Miami, FL is 12.4% higher than in Toronto (without rent)
Cost of Living Including Rent in Miami, FL is 26.5% higher than in Toronto
Rent Prices in Miami, FL are 49.2% higher than in Toronto
Restaurant Prices in Miami, FL are 22.6% higher than in Toronto
Groceries Prices in Miami, FL are 5.3% higher than in Toronto
Local Purchasing Power in Miami, FL is 0.3% 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$
(18.33 $)
34.09 C$
(25.00 $)
     +36.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(88.00 $)
136.37 C$
(100.00 $)
     +13.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(11.00 $)
16.36 C$
(12.00 $)
     +9.1 %
Domestic Beer (1 pint draught) 8.09 C$
(5.93 $)
9.55 C$
(7.00 $)
     +18.0 %
Imported Beer (12 oz small bottle) 10.00 C$
(7.33 $)
10.91 C$
(8.00 $)
     +9.1 %
Cappuccino (regular) 5.44 C$
(3.99 $)
6.67 C$
(4.89 $)
     +22.6 %
Coke/Pepsi (12 oz small bottle) 2.97 C$
(2.18 $)
3.81 C$
(2.79 $)
     +28.2 %
Water (12 oz small bottle) 2.23 C$
(1.64 $)
3.05 C$
(2.23 $)
     +36.6 %
Markets
Toronto Edit Miami, FL Edit
Milk (regular), (1 gallon) 15.96 C$
(11.71 $)
5.90 C$
(4.33 $)
     -63.0 %
Loaf of Fresh White Bread (1 lb) 3.48 C$
(2.55 $)
4.45 C$
(3.26 $)
     +28.0 %
Rice (white), (1 lb) 2.15 C$
(1.57 $)
2.85 C$
(2.09 $)
     +32.7 %
Eggs (regular) (12) 4.88 C$
(3.58 $)
5.57 C$
(4.09 $)
     +14.2 %
Local Cheese (1 lb) 7.29 C$
(5.34 $)
8.28 C$
(6.07 $)
     +13.7 %
Chicken Fillets (1 lb) 7.88 C$
(5.78 $)
7.23 C$
(5.30 $)
     -8.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.79 C$
(6.44 $)
9.88 C$
(7.25 $)
     +12.5 %
Apples (1 lb) 2.39 C$
(1.75 $)
3.93 C$
(2.88 $)
     +64.4 %
Banana (1 lb) 0.94 C$
(0.69 $)
1.13 C$
(0.83 $)
     +19.6 %
Oranges (1 lb) 2.46 C$
(1.80 $)
2.71 C$
(1.98 $)
     +10.2 %
Tomato (1 lb) 2.32 C$
(1.70 $)
3.04 C$
(2.23 $)
     +30.9 %
Potato (1 lb) 1.66 C$
(1.22 $)
1.55 C$
(1.14 $)
     -6.3 %
Onion (1 lb) 1.72 C$
(1.26 $)
2.00 C$
(1.47 $)
     +16.4 %
Lettuce (1 head) 3.15 C$
(2.31 $)
3.73 C$
(2.74 $)
     +18.5 %
Water (1.5 liter bottle) 2.42 C$
(1.78 $)
3.05 C$
(2.24 $)
     +25.9 %
Bottle of Wine (Mid-Range) 19.00 C$
(13.93 $)
17.73 C$
(13.00 $)
     -6.7 %
Domestic Beer (0.5 liter bottle) 3.51 C$
(2.57 $)
2.77 C$
(2.03 $)
     -20.9 %
Imported Beer (12 oz small bottle) 3.80 C$
(2.79 $)
3.45 C$
(2.53 $)
     -9.1 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.67 $)
12.89 C$
(9.45 $)
     -35.6 %
Transportation
Toronto Edit Miami, FL Edit
One-way Ticket (Local Transport) 3.35 C$
(2.46 $)
3.07 C$
(2.25 $)
     -8.4 %
Monthly Pass (Regular Price) 156.00 C$
(114.40 $)
155.12 C$
(113.75 $)
     -0.6 %
Taxi Start (Normal Tariff) 5.00 C$
(3.67 $)
4.06 C$
(2.98 $)
     -18.9 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.07 $)
2.86 C$
(2.10 $)
     +1.7 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.73 $)
32.73 C$
(24.00 $)
     +5.6 %
Gasoline (1 gallon) 6.13 C$
(4.49 $)
4.77 C$
(3.49 $)
     -22.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$
(25,189.53 $)
47,728.17 C$
(35,000.00 $)
     +38.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 31,263.32 C$
(22,926.00 $)
34,030.45 C$
(24,955.19 $)
     +8.9 %
Utilities (Monthly)
Toronto Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 158.42 C$
(116.17 $)
230.73 C$
(169.20 $)
     +45.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 64.04 C$
(46.96 $)
84.19 C$
(61.74 $)
     +31.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.32 C$
(53.76 $)
85.18 C$
(62.46 $)
     +16.2 %
Sports And Leisure
Toronto Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 72.29 C$
(53.01 $)
103.00 C$
(75.53 $)
     +42.5 %
Tennis Court Rent (1 Hour on Weekend) 29.11 C$
(21.35 $)
31.88 C$
(23.38 $)
     +9.5 %
Cinema, International Release, 1 Seat 18.00 C$
(13.20 $)
20.45 C$
(15.00 $)
     +13.6 %
Childcare
Toronto Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,563.31 C$
(1,146.40 $)
1,585.26 C$
(1,162.50 $)
     +1.4 %
International Primary School, Yearly for 1 Child 24,966.43 C$
(18,308.37 $)
38,637.09 C$
(28,333.33 $)
     +54.8 %
Clothing And Shoes
Toronto Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 84.31 C$
(61.83 $)
65.86 C$
(48.29 $)
     -21.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.31 C$
(37.63 $)
69.55 C$
(51.00 $)
     +35.5 %
1 Pair of Nike Running Shoes (Mid-Range) 138.55 C$
(101.60 $)
110.12 C$
(80.75 $)
     -20.5 %
1 Pair of Men Leather Business Shoes 166.74 C$
(122.27 $)
134.09 C$
(98.33 $)
     -19.6 %
Rent Per Month
Toronto Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 2,525.25 C$
(1,851.82 $)
3,782.46 C$
(2,773.75 $)
     +49.8 %
Apartment (1 bedroom) Outside of Centre 2,153.12 C$
(1,578.93 $)
2,882.46 C$
(2,113.76 $)
     +33.9 %
Apartment (3 bedrooms) in City Centre 4,487.30 C$
(3,290.63 $)
7,306.97 C$
(5,358.34 $)
     +62.8 %
Apartment (3 bedrooms) Outside of Centre 3,642.81 C$
(2,671.34 $)
5,134.31 C$
(3,765.09 $)
     +40.9 %
Buy Apartment Price
Toronto Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,303.09 C$
(955.58 $)
806.44 C$
(591.38 $)
     -38.1 %
Price per Square Feet to Buy Apartment Outside of Centre 1,019.91 C$
(747.92 $)
495.82 C$
(363.60 $)
     -51.4 %
Salaries And Financing
Toronto Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 4,639.42 C$
(3,402.18 $)
5,888.73 C$
(4,318.32 $)
     +26.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.58      +0.7 %
Last update: May 2024May 2024
Contributors in the past 12 months:780150