Cost of Living in Montreal
Canada • Pop: 1.8M
Montreal offers European flair with significantly lower costs.
AffordableFrench cultureFood sceneCreative industries
Cost
Index
Index
72
Rent
Index
Index
65
Avg Net Salary
$2,242/mo
Cost Breakdown vs NYC (Index 100)
Overall Cost
72
28% cheaperRent
65
35% cheaperGroceries
82
18% cheaperRestaurants
72
28% cheaperTransport
78
22% cheaperUtilities
75
25% cheaperSalary Equivalence
How much you'd need to earn in Montreal to match a NYC salary
| NYC Salary | Equivalent in Montreal | Difference |
|---|---|---|
| $50,000 | $36,000 | Save $14,000 |
| $75,000 | $54,000 | Save $21,000 |
| $100,000 | $72,000 | Save $28,000 |
| $125,000 | $90,000 | Save $35,000 |
| $150,000 | $108,000 | Save $42,000 |
| $200,000 | $144,000 | Save $56,000 |
Living in Montreal: What to Expect
Montreal has a cost of living index of 72, meaning it is 28% cheaper than NYC in overall living costs.
The average net monthly salary in Montreal is approximately C$3,800 ($2,242 when converted to USD).
Cost Breakdown
- Rent: Index of 65
- Groceries: Index of 82
- Restaurants: Index of 72
- Transport: Index of 78
- Utilities: Index of 75
Key highlights: Affordable, French culture, Food scene, Creative industries.
Use our US salary calculator to see your take-home pay, or compare with other cities.