Cost of living in Montréal, Canada

Cost of Living in Montréal, Canada

Canada · North America

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Cost of Living in Montréal: Quick Answer

The average cost of living in Montréal, Canada is approximately $2,500 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 68, using New York City as the 100-point benchmark.

$2,500

Monthly Cost

avg/person

68

Cost Index

NYC = 100

65

Rent Index

NYC = 100

82

Quality of Life

Excellent

65

Safety Index

Good

2.0M

Population

CAD

ItemPrice (USD)
Meal (inexpensive)$15
Meal for 2 (mid-range)$60
McMeal at McDonald's$10
Domestic Beer (0.5L)$6
Imported Beer (0.33L)$7
Cappuccino$4.5
Coke/Pepsi (0.33L)$2.2
Water (0.33L)$1.8
ItemPrice (USD)
Milk (1L)$1.8
Bread (500g)$2.8
Rice (1kg)$2.2
Eggs (12)$3.8
Chicken (1kg)$9
Beef (1kg)$13
Apples (1kg)$3.5
Banana (1kg)$1.4
Tomato (1kg)$3.8
Potato (1kg)$2
Onion (1kg)$1.8
Water (1.5L)$1.8
ItemPrice (USD)
1-way Ticket (local)$3.5
Monthly Pass$100
Taxi 1km$2.2
Gasoline (1L)$1.5
Volkswagen Golf$31000
Toyota Corolla$25000
ItemPrice (USD)
Basic (85m² apt)$130
Mobile Plan$50
Internet (60 Mbps)$60
Fitness Club/month$48
ItemPrice (USD)
1BR Center$1,400/mo
1BR Outside$1,000/mo
3BR Center$2,800/mo
3BR Outside$1,900/mo
Price/m² Center$6,000/m²
Price/m² Outside$4,000/m²
ItemPrice (USD)
Average Net Salary$3200
Mortgage Interest Rate5.5%

Cost of Living in Montréal: Complete Guide

The cost of living in Montréal, Canada, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $2,500. The city's cost of living index is 68, compared with a New York City benchmark of 100.

Monthly Expenses in Montréal

A typical monthly budget in Montréal includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.

Rent and Housing Costs in Montréal

A one-bedroom apartment outside the city center costs approximately $1,000 per month, while a one-bedroom apartment in the city center costs around $1,400. A three-bedroom apartment in the center averages $2,800 per month.

Average Salary in Montréal

The average net salary in Montréal is approximately $3,200 per month. Purchasing power is rated 78out of 100.

Is Montréal Expensive to Live In?

With a cost of living index of 68,Montréal is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.

Quality of Life in Montréal

Safety

Montréal has a safety score of 65/100. Safety is one of the factors to consider when comparing living costs and choosing a city.

Healthcare

Healthcare in Montréal is rated 84/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.

Climate

The climate index for Montréal is 44/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.

Purchasing Power

Montréal has a purchasing power score of 78/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.

Living in Montréal

Cost of Living for Students

Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.

Cost of Living for Expats

Expats considering Montréal should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.

Cost of Living for Remote Workers

Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Montréal fits their monthly budget.

Is Montréal Affordable?

Affordability depends on income and housing choices. The cost index of 68provides a useful benchmark when comparing Montréal with other cities.

Key Cost of Living Facts for Montréal

Average Monthly Cost
$2,500
Cost Index
68
Rent Index
65
Average Net Salary
$3,200
Quality of Life
82/100
Safety
65/100
Healthcare
84/100
Currency
CAD

Frequently Asked Questions About Montréal

What is the cost of living in Montréal?

The estimated cost of living in Montréal, Canada, is approximately $2,500 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.

How much is rent in Montréal?

A one-bedroom apartment outside the center costs approximately $1,000 per month, while a one-bedroom apartment in the center costs about $1,400.

Is Montréal expensive to live in?

Montréal has a cost index of 68 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.

What is the average salary in Montréal?

The average net salary in Montréal is approximately $3,200 per month.

Is Montréal good for expats?

Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Montréal is suitable for relocation.

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