Cost of Living Comparison Between Miami, FL and Toronto 
| Indices Difference |  |
|---|---|
| Consumer Prices in Toronto are 8.7% lower than in Miami, FL (without rent) | |
| Consumer Prices Including Rent in Toronto are 19.3% lower than in Miami, FL | |
| Rent Prices in Toronto are 32.1% lower than in Miami, FL | |
| Restaurant Prices in Toronto are 18.4% lower than in Miami, FL | |
| Groceries Prices in Toronto are 1.1% higher than in Miami, FL | |
| Local Purchasing Power in Toronto is 0.7% lower than in Miami, FL | |
Restaurants | Miami, FL Edit |
Toronto Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 $ (34.25 C$) |
18.25 $ (25.00 C$) |
-27.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 $ (136.99 C$) |
87.60 $ (120.00 C$) |
-12.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (16.44 C$) |
10.95 $ (15.00 C$) |
-8.8 % |
| Domestic Beer (1 pint draught) |
7.00 $ (9.59 C$) |
6.20 $ (8.50 C$) |
-11.4 % |
| Imported Beer (12 oz small bottle) |
8.00 $ (10.96 C$) |
7.30 $ (10.00 C$) |
-8.8 % |
| Cappuccino (regular) |
4.76 $ (6.52 C$) |
3.98 $ (5.45 C$) |
-16.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.72 $ (3.72 C$) |
2.10 $ (2.87 C$) |
-22.8 % |
| Water (12 oz small bottle) |
2.16 $ (2.96 C$) |
1.64 $ (2.25 C$) |
-24.0 % |
Markets | Miami, FL Edit |
Toronto Edit | |
| Milk (regular), (1 gallon) |
4.36 $ (5.97 C$) |
11.73 $ (16.07 C$) |
+169.0 % |
| Loaf of Fresh White Bread (1 lb) |
3.40 $ (4.66 C$) |
2.50 $ (3.43 C$) |
-26.4 % |
| Rice (white), (1 lb) |
1.78 $ (2.43 C$) |
1.57 $ (2.16 C$) |
-11.4 % |
| Eggs (regular) (12) |
3.79 $ (5.19 C$) |
3.56 $ (4.87 C$) |
-6.2 % |
| Local Cheese (1 lb) |
5.97 $ (8.18 C$) |
5.02 $ (6.88 C$) |
-15.9 % |
| Chicken Fillets (1 lb) |
4.87 $ (6.67 C$) |
5.67 $ (7.77 C$) |
+16.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.30 $ (8.64 C$) |
6.31 $ (8.65 C$) |
+0.1 % |
| Apples (1 lb) |
2.63 $ (3.60 C$) |
1.78 $ (2.44 C$) |
-32.2 % |
| Banana (1 lb) |
0.85 $ (1.17 C$) |
0.65 $ (0.90 C$) |
-23.0 % |
| Oranges (1 lb) |
1.66 $ (2.27 C$) |
1.81 $ (2.48 C$) |
+9.1 % |
| Tomato (1 lb) |
2.03 $ (2.78 C$) |
1.69 $ (2.31 C$) |
-16.8 % |
| Potato (1 lb) |
1.07 $ (1.47 C$) |
1.22 $ (1.67 C$) |
+13.7 % |
| Onion (1 lb) |
1.42 $ (1.95 C$) |
1.25 $ (1.72 C$) |
-11.7 % |
| Lettuce (1 head) |
2.51 $ (3.44 C$) |
2.27 $ (3.11 C$) |
-9.7 % |
| Water (1.5 liter bottle) |
2.07 $ (2.83 C$) |
1.80 $ (2.46 C$) |
-13.2 % |
| Bottle of Wine (Mid-Range) |
12.99 $ (17.80 C$) |
13.87 $ (19.00 C$) |
+6.8 % |
| Domestic Beer (0.5 liter bottle) |
2.00 $ (2.73 C$) |
2.50 $ (3.42 C$) |
+25.1 % |
| Imported Beer (12 oz small bottle) |
2.37 $ (3.24 C$) |
2.82 $ (3.87 C$) |
+19.2 % |
| Cigarettes 20 Pack (Marlboro) |
9.00 $ (12.33 C$) |
14.60 $ (20.00 C$) |
+62.2 % |
Transportation | Miami, FL Edit |
Toronto Edit | |
| One-way Ticket (Local Transport) |
2.25 $ (3.08 C$) |
2.45 $ (3.35 C$) |
+8.7 % |
| Monthly Pass (Regular Price) |
120.00 $ (164.39 C$) |
113.88 $ (156.00 C$) |
-5.1 % |
| Taxi Start (Normal Tariff) |
2.98 $ (4.08 C$) |
3.65 $ (5.00 C$) |
+22.7 % |
| Taxi 1 mile (Normal Tariff) |
2.10 $ (2.88 C$) |
2.06 $ (2.82 C$) |
-2.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
24.00 $ (32.88 C$) |
22.63 $ (31.00 C$) |
-5.7 % |
| Gasoline (1 gallon) |
3.45 $ (4.73 C$) |
4.46 $ (6.11 C$) |
+29.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (47,947.20 C$) |
25,074.46 $ (34,350.00 C$) |
-28.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24,955.19 $ (34,186.62 C$) |
22,379.05 $ (30,657.50 C$) |
-10.3 % |
Utilities (Monthly) | Miami, FL Edit |
Toronto Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
170.11 $ (233.04 C$) |
124.70 $ (170.84 C$) |
-26.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
59.88 $ (82.03 C$) |
48.07 $ (65.85 C$) |
-19.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
61.91 $ (84.82 C$) |
53.83 $ (73.74 C$) |
-13.1 % |
Sports And Leisure | Miami, FL Edit |
Toronto Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
76.77 $ (105.17 C$) |
53.63 $ (73.47 C$) |
-30.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
23.86 $ (32.68 C$) |
21.25 $ (29.11 C$) |
-10.9 % |
| Cinema, International Release, 1 Seat |
15.00 $ (20.55 C$) |
13.14 $ (18.00 C$) |
-12.4 % |
Childcare | Miami, FL Edit |
Toronto Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,162.50 $ (1,592.53 C$) |
1,128.42 $ (1,545.84 C$) |
-2.9 % |
| International Primary School, Yearly for 1 Child |
28,333.33 $ (38,814.40 C$) |
18,222.85 $ (24,963.85 C$) |
-35.7 % |
Clothing And Shoes | Miami, FL Edit |
Toronto Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
46.50 $ (63.70 C$) |
58.79 $ (80.54 C$) |
+26.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
43.12 $ (59.08 C$) |
36.95 $ (50.62 C$) |
-14.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.28 $ (109.97 C$) |
97.33 $ (133.33 C$) |
+21.2 % |
| 1 Pair of Men Leather Business Shoes |
96.67 $ (132.43 C$) |
118.06 $ (161.74 C$) |
+22.1 % |
Rent Per Month | Miami, FL Edit |
Toronto Edit | |
| Apartment (1 bedroom) in City Centre |
2,800.86 $ (3,836.96 C$) |
1,833.82 $ (2,512.18 C$) |
-34.5 % |
| Apartment (1 bedroom) Outside of Centre |
2,064.29 $ (2,827.92 C$) |
1,627.94 $ (2,230.15 C$) |
-21.1 % |
| Apartment (3 bedrooms) in City Centre |
5,249.12 $ (7,190.87 C$) |
3,250.00 $ (4,452.24 C$) |
-38.1 % |
| Apartment (3 bedrooms) Outside of Centre |
3,635.93 $ (4,980.93 C$) |
2,629.57 $ (3,602.30 C$) |
-27.7 % |
Buy Apartment Price | Miami, FL Edit |
Toronto Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
583.91 $ (799.91 C$) |
954.64 $ (1,307.77 C$) |
+63.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
354.00 $ (484.95 C$) |
745.27 $ (1,020.96 C$) |
+110.5 % |
Salaries And Financing | Miami, FL Edit |
Toronto Edit | |
| Average Monthly Net Salary (After Tax) |
4,289.41 $ (5,876.15 C$) |
3,436.47 $ (4,707.69 C$) |
-19.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.57 | 6.57 | +0.0 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 148 | 775 |
Moving to Miami, FL? Explore:
Moving to Toronto? Explore:
Cities near Miami, FL: | Cost of Living in Fort Lauderdale, Florida | 27.52 miles |
| Cost of Living in Deerfield Beach, Florida | 41.37 miles |
| Cost of Living in Boynton Beach, Florida | 56.57 miles |
| Cost of Living in West Palm Beach, Florida | 70.25 miles |
| Cost of Living in Port St Lucie, Florida | 111.85 miles |
| Cost of Living in Naples, Florida | 123.55 miles |
| Cost of Living in Fort Myers, Florida | 156.10 miles |
| Cost of Living in Venice, Florida | 213.33 miles |
| Cost of Living in Orlando, Florida | 234.00 miles |
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |