Miami
TorontoVS
Toronto is 11% cheaper than Miami overall.
| Miami | Toronto | |
|---|---|---|
| Rent (1BR City Centre) | $3,636.88 CAD | $2,450.00 CAD |
| Rent (1BR Outside Centre) | $2,937.48 CAD | $2,100.00 CAD |
| Groceries Index | 108 | 108 |
| Monthly Transit Pass | $156.67 CAD | $156.00 CAD |
| Utilities (monthly) | $209.82 CAD | $160.00 CAD |
| Gas (per litre) | $1.33 CAD | $1.65 CAD |
| Mid-range Meal | $33.57 CAD | $28.00 CAD |
| Gym Membership | $76.93 CAD | $70.00 CAD |
| Childcare (monthly) | $1,958.32 CAD | $1,750.00 CAD |
Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.
Salary Equivalence Calculator
If you earn $in Miami...
You would need $53,507 in Toronto to maintain the same lifestyle.
Frequently asked questions
Is Miami cheaper than Toronto?
Toronto is 11% cheaper than Miami overall.
How much is rent in Miami vs Toronto?
A one-bedroom in the city centre averages $2,600 USD per month in Miami and $2,450 CAD in Toronto. Outside the centre, it is $2,100 USD in Miami and $2,100 CAD in Toronto.
What salary do I need to move from Miami to Toronto?
On average, you need about 89% of your current salary — for example, $60,000 in Miami is roughly equivalent to $53,507 in Toronto.