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

😐 Solo nomad: Banff is 25.2% more expensive than Montreal without rent, and 10.4% more expensive with rent.

😐 Family of 3: Banff is 5.9% more expensive than Montreal without rent, and 45.4% more expensive with rent.

Meal at Budget Restaurant

$22.20 CA$30.86

$16.33 CA$22.70

35.95%

Three-Course Dinner for Two, Mid-Range

$73.3 CA$102

$72.4 CA$101

1.23%

Fast Food Meal (McDonalds, etc)

$10.18 CA$14.15

$11.12 CA$15.45

-8.45%

Cappuccino

$4.42 CA$6.15

$3.67 CA$5.10

20.44%

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

$1.63 CA$2.26

$2.09 CA$2.90

-22.01%

Water (0.33 liter bottle)

$1.94 CA$2.69

$1.46 CA$2.03

32.88%

Local Beer (0.5 liter draught)

$5.61 CA$7.80

$6.19 CA$8.60

-9.37%

Imported Beer (0.33 liter bottle)

$8.65 CA$12.03

$6.56 CA$9.12

31.86%

Milk (1 liter)

$2.13 CA$2.96

$2.31 CA$3.21

-7.79%

White Bread (500g)

$2.33 CA$3.23

$3.21 CA$4.46

-27.41%

Rice (white) (1kg)

$5.75 CA$8.00

$3.81 CA$5.30

50.92%

Eggs

$3.79 CA$5.27

$3.35 CA$4.66

13.13%

Local Cheese (1kg)

$12.60 CA$17.51

$15.88 CA$22.07

-20.65%

Chicken Fillets (1kg)

$14.62 CA$20.32

$11.74 CA$16.32

24.53%

Beef Round Steak (1kg)

$12.42 CA$17.26

$15.49 CA$21.53

-19.82%

Apples (1kg)

$4.09 CA$5.68

$3.66 CA$5.09

11.75%

Banana (1kg)

$1.51 CA$2.09

$1.63 CA$2.27

-7.36%

Oranges (1kg)

$4.92 CA$6.84

$3.95 CA$5.49

24.56%

Tomato (1kg)

$5.27 CA$7.33

$4.32 CA$6.00

21.99%

Potato (1kg)

$3.01 CA$4.18

$2.65 CA$3.68

13.58%

Onion (1kg)

$3.31 CA$4.61

$2.68 CA$3.73

23.51%

Lettuce (1 head)

$3.43 CA$4.76

$2.28 CA$3.17

50.44%

Water (1.5 liter bottle)

$2.90 CA$4.02

$1.77 CA$2.46

63.84%

Cigarettes 20 Pack (Marlboro, Camel)

$14.46 CA$20.10

$13.38 CA$18.60

8.07%

Wine (Bottle)

$11.32 CA$15.74

$11.38 CA$15.82

-0.53%

Local Beer (0.5 liter bottle)

$5.06 CA$7.04

$3.00 CA$4.17

68.67%

Imported Beer (0.33 liter bottle)

$2.99 CA$4.15

$3.60 CA$5.01

-16.94%

One-way Ticket (Public Transport)

$1.48 CA$2.06

$2.82 CA$3.92

-47.52%

Public Transport Monthly Pass (Regular Price)

$21.79 CA$30.28

$74.0 CA$103

-70.54%

Taxi Start (Normal Tariff)

$5.58 CA$7.76

$3.51 CA$4.88

58.97%

Taxi (Normal Tariff) (1km)

$3.09 CA$4.29

$1.39 CA$1.93

122.30%

Taxi 1hour Waiting (Normal Tariff)

$19.19 CA$26.67

$34.34 CA$47.74

-44.12%

Gasoline (1 liter)

$1.02 CA$1.41

$1.18 CA$1.64

-13.56%

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

$25.4K CA$35.3K

$24.8K CA$34.5K

2.30%

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

$20.6K CA$28.7K

$22.1K CA$30.7K

-6.62%

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

$201 CA$279

$76.1 CA$106

163.89%

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

$57.1 CA$79.4

$36.49 CA$50.7

56.54%

Internet (50+ Mbps, Unlimited Data)

$69.0 CA$95.9

$44.45 CA$61.8

55.14%

Gym Membership (Monthly)

$76.9 CA$107

$43.54 CA$60.5

76.62%

Tennis Court (1 Hour on Weekend)

$37.02 CA$51.5

$17.02 CA$23.65

117.51%

Cinema Ticket

$8.87 CA$12.33

$11.10 CA$15.43

-20.09%

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

$874 CA$1,214

$621 CA$863

40.73%

International Primary School, 1 Child (Yearly)

$11.9K CA$16.6K

$5,880 CA$8,173

103.03%

Jeans (Levis 501 Or Similar)

$44.50 CA$61.9

$62.6 CA$86.9

-28.86%

Summer Dress (H&M, Zara, etc)

$47.28 CA$65.7

$45.10 CA$62.7

4.83%

Sport Shoes (Adidas, Nike)

$91.1 CA$127

$102 CA$142

-10.72%

Men's Leather Business Shoes

$109 CA$151

$118 CA$164

-8.03%

1-bedroom Apartment, City Center (Monthly)

$881 CA$1,225

$1,225 CA$1,702

-28.04%

1-bedroom Apartment, Outside City Center (Monthly)

$901 CA$1,252

$963 CA$1,339

-6.48%

3-bedroom Apartment, City Center (Monthly)

$1,349 CA$1,875

$2,083 CA$2,896

-35.25%

3-bedroom Apartment, Outside City Center (Monthly)

$3,045 CA$4,233

$1,593 CA$2,214

91.15%

Buy Apartment in City Center (m2)

$3,796 CA$5,276

$5,133 CA$7,135

-26.05%

Buy Apartment Outside City Center (m2)

$3,513 CA$4,883

$4,160 CA$5,782

-15.55%

Average Monthly Net Salary (After Tax)

$2,698 CA$3,750

$2,981 CA$4,144

-9.52%

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: January 12, 2026

Last update for Montreal: January 11, 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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