Cost of Living Comparison Between Toronto and Miami, FL 

Indices DifferenceInfo
Consumer Prices in Miami, FL are 11.7% higher than in Toronto (without rent)
Consumer Prices Including Rent in Miami, FL are 26.4% higher than in Toronto
Rent Prices in Miami, FL are 49.9% higher than in Toronto
Restaurant Prices in Miami, FL are 28.0% higher than in Toronto
Groceries Prices in Miami, FL are 0.1% 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$
(18.12 $)
34.49 C$
(25.00 $)
     +38.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(86.98 $)
151.76 C$
(110.00 $)
     +26.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.87 $)
16.56 C$
(12.00 $)
     +10.4 %
Domestic Beer (1 pint draught) 8.50 C$
(6.16 $)
9.66 C$
(7.00 $)
     +13.6 %
Imported Beer (12 oz small bottle) 10.00 C$
(7.25 $)
11.04 C$
(8.00 $)
     +10.4 %
Cappuccino (regular) 5.47 C$
(3.96 $)
6.70 C$
(4.85 $)
     +22.5 %
Coke/Pepsi (12 oz small bottle) 2.86 C$
(2.07 $)
3.81 C$
(2.76 $)
     +33.5 %
Water (12 oz small bottle) 2.22 C$
(1.61 $)
3.05 C$
(2.21 $)
     +37.2 %
Markets
Toronto Edit Miami, FL Edit
Milk (regular), (1 gallon) 15.89 C$
(11.52 $)
6.04 C$
(4.38 $)
     -62.0 %
Loaf of Fresh White Bread (1 lb) 3.42 C$
(2.48 $)
4.69 C$
(3.40 $)
     +37.0 %
Rice (white), (1 lb) 2.17 C$
(1.57 $)
2.45 C$
(1.78 $)
     +13.0 %
Eggs (regular) (12) 4.87 C$
(3.53 $)
5.23 C$
(3.79 $)
     +7.4 %
Local Cheese (1 lb) 6.76 C$
(4.90 $)
8.24 C$
(5.97 $)
     +21.8 %
Chicken Fillets (1 lb) 7.69 C$
(5.58 $)
6.72 C$
(4.87 $)
     -12.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.50 C$
(6.16 $)
8.70 C$
(6.30 $)
     +2.3 %
Apples (1 lb) 2.45 C$
(1.78 $)
3.63 C$
(2.63 $)
     +48.1 %
Banana (1 lb) 0.90 C$
(0.65 $)
1.17 C$
(0.85 $)
     +30.3 %
Oranges (1 lb) 2.46 C$
(1.78 $)
2.29 C$
(1.66 $)
     -6.9 %
Tomato (1 lb) 2.31 C$
(1.67 $)
2.80 C$
(2.03 $)
     +21.1 %
Potato (1 lb) 1.69 C$
(1.22 $)
1.48 C$
(1.07 $)
     -12.4 %
Onion (1 lb) 1.70 C$
(1.23 $)
1.96 C$
(1.42 $)
     +15.1 %
Lettuce (1 head) 3.13 C$
(2.27 $)
3.46 C$
(2.51 $)
     +10.5 %
Water (1.5 liter bottle) 2.45 C$
(1.77 $)
2.85 C$
(2.07 $)
     +16.7 %
Bottle of Wine (Mid-Range) 19.00 C$
(13.77 $)
17.92 C$
(12.99 $)
     -5.7 %
Domestic Beer (0.5 liter bottle) 3.37 C$
(2.44 $)
2.75 C$
(2.00 $)
     -18.3 %
Imported Beer (12 oz small bottle) 3.88 C$
(2.81 $)
3.27 C$
(2.37 $)
     -15.8 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(14.50 $)
12.42 C$
(9.00 $)
     -37.9 %
Transportation
Toronto Edit Miami, FL Edit
One-way Ticket (Local Transport) 3.35 C$
(2.43 $)
3.10 C$
(2.25 $)
     -7.3 %
Monthly Pass (Regular Price) 156.00 C$
(113.08 $)
165.55 C$
(120.00 $)
     +6.1 %
Taxi Start (Normal Tariff) 5.00 C$
(3.62 $)
4.10 C$
(2.98 $)
     -17.9 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(2.04 $)
2.90 C$
(2.10 $)
     +2.9 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(22.47 $)
33.11 C$
(24.00 $)
     +6.8 %
Gasoline (1 gallon) 6.10 C$
(4.42 $)
4.76 C$
(3.45 $)
     -22.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$
(24,898.67 $)
48,285.72 C$
(35,000.00 $)
     +40.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,210.61 C$
(21,898.22 $)
34,427.99 C$
(24,955.19 $)
     +14.0 %
Utilities (Monthly)
Toronto Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 182.71 C$
(132.44 $)
234.69 C$
(170.11 $)
     +28.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 66.90 C$
(48.50 $)
84.33 C$
(61.12 $)
     +26.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 74.16 C$
(53.75 $)
82.40 C$
(59.73 $)
     +11.1 %
Sports And Leisure
Toronto Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 71.73 C$
(51.99 $)
111.86 C$
(81.08 $)
     +56.0 %
Tennis Court Rent (1 Hour on Weekend) 27.88 C$
(20.21 $)
32.91 C$
(23.86 $)
     +18.0 %
Cinema, International Release, 1 Seat 18.00 C$
(13.05 $)
20.69 C$
(15.00 $)
     +15.0 %
Childcare
Toronto Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,526.92 C$
(1,106.79 $)
1,582.70 C$
(1,147.22 $)
     +3.7 %
International Primary School, Yearly for 1 Child 25,044.17 C$
(18,153.31 $)
39,088.44 C$
(28,333.33 $)
     +56.1 %
Clothing And Shoes
Toronto Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.82 C$
(58.58 $)
64.15 C$
(46.50 $)
     -20.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.62 C$
(36.69 $)
59.49 C$
(43.12 $)
     +17.5 %
1 Pair of Nike Running Shoes (Mid-Range) 132.27 C$
(95.88 $)
110.75 C$
(80.28 $)
     -16.3 %
1 Pair of Men Leather Business Shoes 161.33 C$
(116.94 $)
133.36 C$
(96.67 $)
     -17.3 %
Rent Per Month
Toronto Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 2,512.09 C$
(1,820.89 $)
3,918.13 C$
(2,840.07 $)
     +56.0 %
Apartment (1 bedroom) Outside of Centre 2,235.61 C$
(1,620.48 $)
2,834.88 C$
(2,054.86 $)
     +26.8 %
Apartment (3 bedrooms) in City Centre 4,425.00 C$
(3,207.47 $)
7,400.73 C$
(5,364.43 $)
     +67.2 %
Apartment (3 bedrooms) Outside of Centre 3,614.83 C$
(2,620.22 $)
5,016.09 C$
(3,635.93 $)
     +38.8 %
Buy Apartment Price
Toronto Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,278.31 C$
(926.59 $)
805.56 C$
(583.91 $)
     -37.0 %
Price per Square Feet to Buy Apartment Outside of Centre 1,020.96 C$
(740.04 $)
488.37 C$
(354.00 $)
     -52.2 %
Salaries And Financing
Toronto Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 4,734.66 C$
(3,431.93 $)
5,999.83 C$
(4,348.99 $)
     +26.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 6.57      +0.3 %
Last update: April 2024April 2024
Contributors in the past 12 months:767147