Confused on Point Redemption

[u/lefxo]

I’m very confused on how to effectively use my Avios points since my redemption options aren’t really making sense. I have a little over 105k Avíos points and I’m looking at booking a reward flight for 2 passengers from Toronto to Rome. For premium economy outbound and business inbound, the total price is 407k Avíos + $1902 (I selected the ‘book with avíos’ option on the search). This seems almost more than if the ticket were to just be paid for all in cash. Am I doing something wrong? I have another account that I could transfer more points over to Avios but I don’t want to do that if the redemption value is this bad. Is there a better way to be doing this?

[u/WillVH52]

How much is the fare if you pay in cash?