Cost of Living Comparison Between Banff and Montreal Cost of Living Comparison Between Banff and Montreal

😐 Solo nomad: Banff is 13.1% more expensive than Montreal without rent, and 7.5% more expensive with rent.

🙂 Family of 3: Banff is 1.8% cheaper than Montreal without rent, and 46.1% more expensive with rent.

Meal at Budget Restaurant

$22.30 CA$30.55

$16.03 CA$21.97

39.11%

Three-Course Dinner for Two, Mid-Range

$74.0 CA$101

$72.9 CA$99.9

1.48%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.35

$11.17 CA$15.31

-6.27%

Cappuccino

$4.43 CA$6.07

$3.84 CA$5.26

15.36%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.70 CA$2.33

$2.10 CA$2.88

-19.05%

Water (0.33 liter bottle)

$2.00 CA$2.73

$1.51 CA$2.07

32.45%

Local Beer (0.5 liter draught)

$5.46 CA$7.47

$6.25 CA$8.56

-12.64%

Imported Beer (0.33 liter bottle)

$8.61 CA$11.79

$6.77 CA$9.27

27.18%

Milk (1 liter)

$2.18 CA$2.99

$2.28 CA$3.12

-4.39%

White Bread (500g)

$2.37 CA$3.25

$3.29 CA$4.50

-27.96%

Rice (white) (1kg)

$5.71 CA$7.82

$3.72 CA$5.09

53.49%

Eggs

$3.68 CA$5.04

$3.34 CA$4.57

10.18%

Local Cheese (1kg)

$12.29 CA$16.83

$16.17 CA$22.15

-24.00%

Chicken Fillets (1kg)

$14.54 CA$19.92

$11.60 CA$15.89

25.34%

Beef Round Steak (1kg)

$12.54 CA$17.18

$15.50 CA$21.23

-19.10%

Apples (1kg)

$4.06 CA$5.56

$3.67 CA$5.02

10.63%

Banana (1kg)

$1.53 CA$2.09

$1.71 CA$2.34

-10.53%

Oranges (1kg)

$4.93 CA$6.75

$3.91 CA$5.36

26.09%

Tomato (1kg)

$5.14 CA$7.04

$4.31 CA$5.91

19.26%

Potato (1kg)

$2.87 CA$3.93

$2.77 CA$3.80

3.61%

Onion (1kg)

$3.32 CA$4.55

$2.67 CA$3.65

24.34%

Lettuce (1 head)

$3.50 CA$4.79

$2.26 CA$3.09

54.87%

Water (1.5 liter bottle)

$2.89 CA$3.96

$1.70 CA$2.33

70.00%

Cigarettes 20 Pack (Marlboro, Camel)

$14.87 CA$20.37

$13.13 CA$17.99

13.25%

Wine (Bottle)

$14.90 CA$20.41

$11.06 CA$15.15

34.72%

Local Beer (0.5 liter bottle)

$5.13 CA$7.02

$3.02 CA$4.13

69.87%

Imported Beer (0.33 liter bottle)

$2.87 CA$3.93

$3.43 CA$4.70

-16.33%

One-way Ticket (Public Transport)

$1.50 CA$2.05

$2.68 CA$3.67

-44.03%

Public Transport Monthly Pass (Regular Price)

$22.40 CA$30.69

$74.2 CA$102

-69.82%

Taxi Start (Normal Tariff)

$5.60 CA$7.68

$3.64 CA$4.98

53.85%

Taxi (Normal Tariff) (1km)

$3.08 CA$4.21

$1.38 CA$1.90

123.19%

Taxi 1hour Waiting (Normal Tariff)

$19.27 CA$26.40

$33.85 CA$46.37

-43.07%

Gasoline (1 liter)

$1.02 CA$1.39

$1.21 CA$1.66

-15.70%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$24.6K CA$33.7K

$25.4K CA$34.8K

-3.02%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$20.8K CA$28.4K

$21.8K CA$29.9K

-4.76%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$202 CA$277

$74.1 CA$101

173.40%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$57.1 CA$78.3

$36.68 CA$50.3

55.73%

Internet (50+ Mbps, Unlimited Data)

$69.1 CA$94.6

$44.38 CA$60.8

55.63%

Gym Membership (Monthly)

$76.9 CA$105

$42.45 CA$58.2

81.25%

Tennis Court (1 Hour on Weekend)

$37.37 CA$51.2

$16.85 CA$23.09

121.78%

Cinema Ticket

$8.86 CA$12.14

$10.87 CA$14.89

-18.49%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$853 CA$1,169

$618 CA$847

38.08%

International Primary School, 1 Child (Yearly)

$12.0K CA$16.4K

$5,952 CA$8,155

101.35%

Jeans (Levis 501 Or Similar)

$43.90 CA$60.1

$63.1 CA$86.4

-30.42%

Summer Dress (H&M, Zara, etc)

$46.55 CA$63.8

$44.52 CA$61.0

4.56%

Sport Shoes (Adidas, Nike)

$92.1 CA$126

$101 CA$138

-8.76%

Men's Leather Business Shoes

$110 CA$151

$123 CA$168

-10.33%

1-bedroom Apartment, City Center (Monthly)

$897 CA$1,229

$1,196 CA$1,639

-25.04%

1-bedroom Apartment, Outside City Center (Monthly)

$883 CA$1,209

$971 CA$1,330

-9.12%

3-bedroom Apartment, City Center (Monthly)

$1,319 CA$1,806

$2,040 CA$2,795

-35.37%

3-bedroom Apartment, Outside City Center (Monthly)

$3,071 CA$4,208

$1,595 CA$2,185

92.60%

Buy Apartment in City Center (m2)

$3,808 CA$5,217

$5,204 CA$7,129

-26.82%

Buy Apartment Outside City Center (m2)

$3,555 CA$4,871

$3,996 CA$5,475

-11.03%

Average Monthly Net Salary (After Tax)

$2,729 CA$3,739

$3,060 CA$4,192

-10.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.62

5.01

32.14%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Banff: March 2, 2026

Last update for Montreal: March 1, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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