Cost of Living Comparison Between Toronto and Miami, FL 

Indices DifferenceInfo
Consumer Prices in Miami, FL are 13.2% higher than in Toronto (without rent)
Consumer Prices Including Rent in Miami, FL are 27.2% higher than in Toronto
Rent Prices in Miami, FL are 49.6% higher than in Toronto
Restaurant Prices in Miami, FL are 17.9% higher than in Toronto
Groceries Prices in Miami, FL are 19.2% higher than in Toronto
Local Purchasing Power in Miami, FL is 7.9% higher than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Miami, FL Edit Difference
Meal, Inexpensive Restaurant 23.24 C$
(16.94 $)
27.44 C$
(20.00 $)
     +18.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 115.00 C$
(83.83 $)
137.19 C$
(100.00 $)
     +19.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 13.00 C$
(9.48 $)
13.72 C$
(10.00 $)
     +5.5 %
Domestic Beer (1 pint draught) 8.00 C$
(5.83 $)
8.23 C$
(6.00 $)
     +2.9 %
Imported Beer (12 oz small bottle) 8.54 C$
(6.23 $)
10.97 C$
(8.00 $)
     +28.5 %
Cappuccino (regular) 4.98 C$
(3.63 $)
6.21 C$
(4.52 $)
     +24.6 %
Coke/Pepsi (12 oz small bottle) 2.73 C$
(1.99 $)
3.06 C$
(2.23 $)
     +11.9 %
Water (12 oz small bottle) 2.16 C$
(1.57 $)
2.73 C$
(1.99 $)
     +26.5 %
Markets
Toronto Edit Miami, FL Edit
Milk (regular), (1 gallon) 13.95 C$
(10.17 $)
6.05 C$
(4.41 $)
     -56.6 %
Loaf of Fresh White Bread (1 lb) 3.11 C$
(2.26 $)
3.89 C$
(2.83 $)
     +25.2 %
Rice (white), (1 lb) 1.89 C$
(1.38 $)
3.41 C$
(2.49 $)
     +80.3 %
Eggs (regular) (12) 4.39 C$
(3.20 $)
6.48 C$
(4.72 $)
     +47.5 %
Local Cheese (1 lb) 7.19 C$
(5.24 $)
7.52 C$
(5.48 $)
     +4.5 %
Chicken Fillets (1 lb) 7.34 C$
(5.35 $)
9.79 C$
(7.14 $)
     +33.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.26 C$
(6.02 $)
9.58 C$
(6.98 $)
     +16.0 %
Apples (1 lb) 2.23 C$
(1.63 $)
4.10 C$
(2.99 $)
     +83.5 %
Banana (1 lb) 0.77 C$
(0.56 $)
1.21 C$
(0.88 $)
     +56.3 %
Oranges (1 lb) 2.04 C$
(1.49 $)
3.09 C$
(2.25 $)
     +51.2 %
Tomato (1 lb) 2.30 C$
(1.68 $)
3.12 C$
(2.28 $)
     +35.6 %
Potato (1 lb) 1.62 C$
(1.18 $)
2.26 C$
(1.65 $)
     +39.7 %
Onion (1 lb) 1.67 C$
(1.21 $)
1.93 C$
(1.41 $)
     +16.1 %
Lettuce (1 head) 3.28 C$
(2.39 $)
2.44 C$
(1.77 $)
     -25.8 %
Water (1.5 liter bottle) 2.22 C$
(1.62 $)
2.68 C$
(1.95 $)
     +21.0 %
Bottle of Wine (Mid-Range) 16.98 C$
(12.37 $)
16.46 C$
(12.00 $)
     -3.0 %
Domestic Beer (0.5 liter bottle) 3.14 C$
(2.29 $)
3.22 C$
(2.34 $)
     +2.4 %
Imported Beer (12 oz small bottle) 3.74 C$
(2.72 $)
3.78 C$
(2.76 $)
     +1.2 %
Cigarettes 20 Pack (Marlboro) 17.00 C$
(12.39 $)
10.97 C$
(8.00 $)
     -35.4 %
Transportation
Toronto Edit Miami, FL Edit
One-way Ticket (Local Transport) 3.25 C$
(2.37 $)
3.36 C$
(2.45 $)
     +3.4 %
Monthly Pass (Regular Price) 156.00 C$
(113.71 $)
152.28 C$
(111.00 $)
     -2.4 %
Taxi Start (Normal Tariff) 4.44 C$
(3.24 $)
4.80 C$
(3.50 $)
     +8.1 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.05 $)
3.43 C$
(2.50 $)
     +21.8 %
Taxi 1hour Waiting (Normal Tariff) 30.50 C$
(22.23 $)
34.30 C$
(25.00 $)
     +12.4 %
Gasoline (1 gallon) 6.10 C$
(4.45 $)
4.66 C$
(3.40 $)
     -23.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,000.00 C$
(21,139.11 $)
34,296.62 C$
(25,000.00 $)
     +18.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,775.09 C$
(19,517.29 $)
32,924.76 C$
(24,000.00 $)
     +23.0 %
Utilities (Monthly)
Toronto Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 189.28 C$
(137.97 $)
210.38 C$
(153.36 $)
     +11.1 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.43 C$
(0.32 $)
0.24 C$
(0.17 $)
     -45.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 76.35 C$
(55.66 $)
88.35 C$
(64.40 $)
     +15.7 %
Sports And Leisure
Toronto Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 64.18 C$
(46.79 $)
68.71 C$
(50.08 $)
     +7.0 %
Tennis Court Rent (1 Hour on Weekend) 23.77 C$
(17.33 $)
24.01 C$
(17.50 $)
     +1.0 %
Cinema, International Release, 1 Seat 15.00 C$
(10.93 $)
20.58 C$
(15.00 $)
     +37.2 %
Childcare
Toronto Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,543.35 C$
(1,125.00 $)
1,371.86 C$
(1,000.00 $)
     -11.1 %
International Primary School, Yearly for 1 Child 25,733.08 C$
(18,757.73 $)
26,065.44 C$
(19,000.00 $)
     +1.3 %
Clothing And Shoes
Toronto Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 78.87 C$
(57.49 $)
65.51 C$
(47.75 $)
     -16.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 49.40 C$
(36.01 $)
57.87 C$
(42.18 $)
     +17.1 %
1 Pair of Nike Running Shoes (Mid-Range) 123.54 C$
(90.05 $)
109.39 C$
(79.74 $)
     -11.5 %
1 Pair of Men Leather Business Shoes 142.02 C$
(103.53 $)
140.88 C$
(102.69 $)
     -0.8 %
Rent Per Month
Toronto Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 2,431.82 C$
(1,772.64 $)
3,687.47 C$
(2,687.93 $)
     +51.6 %
Apartment (1 bedroom) Outside of Centre 2,055.83 C$
(1,498.56 $)
2,646.62 C$
(1,929.22 $)
     +28.7 %
Apartment (3 bedrooms) in City Centre 3,908.57 C$
(2,849.09 $)
6,595.99 C$
(4,808.05 $)
     +68.8 %
Apartment (3 bedrooms) Outside of Centre 3,176.20 C$
(2,315.24 $)
4,378.04 C$
(3,191.30 $)
     +37.8 %
Buy Apartment Price
Toronto Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,195.98 C$
(871.79 $)
839.10 C$
(611.65 $)
     -29.8 %
Price per Square Feet to Buy Apartment Outside of Centre 939.86 C$
(685.10 $)
378.97 C$
(276.25 $)
     -59.7 %
Salaries And Financing
Toronto Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 4,255.16 C$
(3,101.74 $)
5,841.05 C$
(4,257.74 $)
     +37.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.99 5.34      -10.8 %
Last update: March 2023March 2023
Contributors in the past 12 months:988159