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

😐 Solo nomad: Banff is 3.1% more expensive than Montreal without rent, and 9.7% more expensive with rent.

😐 Family of 3: Banff is 9.4% more expensive than Montreal without rent, and 42.1% more expensive with rent.

Meal at Budget Restaurant

$22.02 CA$29.98

$16.33 CA$22.23

34.84%

Three-Course Dinner for Two, Mid-Range

$74 CA$101

$73.7 CA$100

0.43%

Fast Food Meal (McDonalds, etc)

$10.12 CA$13.78

$10.99 CA$14.96

-7.92%

Cappuccino

$4.42 CA$6.02

$3.82 CA$5.2

15.71%

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

$1.69 CA$2.3

$2.1 CA$2.86

-19.52%

Water (0.33 liter bottle)

$1.94 CA$2.65

$1.52 CA$2.07

27.63%

Local Beer (0.5 liter draught)

$5.63 CA$7.66

$5.92 CA$8.05

-4.90%

Imported Beer (0.33 liter bottle)

$8.86 CA$12.06

$6.47 CA$8.8

36.94%

Milk (1 liter)

$2.21 CA$3

$2.27 CA$3.09

-2.64%

White Bread (500g)

$2.32 CA$3.16

$3.36 CA$4.58

-30.95%

Rice (white) (1kg)

$5.96 CA$8.11

$3.66 CA$4.98

62.84%

Eggs

$3.83 CA$5.22

$3.43 CA$4.67

11.66%

Local Cheese (1kg)

$12.54 CA$17.08

$16.48 CA$22.43

-23.91%

Chicken Fillets (1kg)

$14.4 CA$19.6

$11.61 CA$15.8

24.03%

Beef Round Steak (1kg)

$12.49 CA$17

$15.19 CA$20.67

-17.77%

Apples (1kg)

$4.28 CA$5.82

$3.61 CA$4.91

18.56%

Banana (1kg)

$1.57 CA$2.13

$1.68 CA$2.28

-6.55%

Oranges (1kg)

$4.97 CA$6.77

$4.12 CA$5.61

20.63%

Tomato (1kg)

$5.1 CA$6.94

$4.44 CA$6.05

14.86%

Potato (1kg)

$2.92 CA$3.98

$2.64 CA$3.59

10.61%

Onion (1kg)

$3.21 CA$4.37

$2.6 CA$3.54

23.46%

Lettuce (1 head)

$3.54 CA$4.82

$2.17 CA$2.96

63.13%

Water (1.5 liter bottle)

$2.79 CA$3.8

$1.78 CA$2.42

56.74%

Cigarettes 20 Pack (Marlboro, Camel)

$14.77 CA$20.1

$13.27 CA$18.06

11.30%

Wine (Bottle)

$16.41 CA$22.34

$12.7 CA$17.29

29.21%

Local Beer (0.5 liter bottle)

$5.05 CA$6.87

$3.11 CA$4.24

62.38%

Imported Beer (0.33 liter bottle)

$3.01 CA$4.1

$3.6 CA$4.89

-16.39%

One-way Ticket (Public Transport)

$1.45 CA$1.98

$2.69 CA$3.66

-46.10%

Public Transport Monthly Pass (Regular Price)

$21.76 CA$29.61

$73.1 CA$99.5

-70.24%

Taxi Start (Normal Tariff)

$5.58 CA$7.6

$3.53 CA$4.81

58.07%

Taxi (Normal Tariff) (1km)

$3.17 CA$4.32

$1.4 CA$1.9

126.43%

Taxi 1hour Waiting (Normal Tariff)

$19.19 CA$26.12

$34.13 CA$46.45

-43.77%

Gasoline (1 liter)

$1.01 CA$1.37

$1.23 CA$1.68

-17.89%

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

$24.6K CA$33.5K

$25.2K CA$34.3K

-2.45%

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

$21K CA$28.5K

$21.6K CA$29.4K

-3.09%

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

$203 CA$277

$75.3 CA$102

170.25%

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

$57.4 CA$78.1

$36.75 CA$50

56.08%

Internet (50+ Mbps, Unlimited Data)

$69.4 CA$94.4

$44.37 CA$60.4

56.34%

Gym Membership (Monthly)

$77.6 CA$106

$43.45 CA$59.1

78.50%

Tennis Court (1 Hour on Weekend)

$36.23 CA$49.32

$17.07 CA$23.24

112.24%

Cinema Ticket

$8.8 CA$11.98

$11.17 CA$15.2

-21.22%

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

$871 CA$1,185

$621 CA$845

40.27%

International Primary School, 1 Child (Yearly)

$11.6K CA$15.7K

$5,850 CA$7,963

97.45%

Jeans (Levis 501 Or Similar)

$43.5 CA$59.2

$62.9 CA$85.6

-30.80%

Summer Dress (H&M, Zara, etc)

$46.2 CA$62.9

$45.2 CA$61.5

2.21%

Sport Shoes (Adidas, Nike)

$92.6 CA$126

$103 CA$140

-10.02%

Men's Leather Business Shoes

$111 CA$151

$122 CA$166

-8.94%

1-bedroom Apartment, City Center (Monthly)

$897 CA$1,221

$1,197 CA$1,629

-25.07%

1-bedroom Apartment, Outside City Center (Monthly)

$876 CA$1,193

$944 CA$1,285

-7.20%

3-bedroom Apartment, City Center (Monthly)

$1,310 CA$1,783

$2,069 CA$2,816

-36.70%

3-bedroom Apartment, Outside City Center (Monthly)

$3,143 CA$4,278

$1,558 CA$2,120

101.74%

Buy Apartment in City Center (m2)

$5,492 CA$7,476

$6,154 CA$8,377

-10.76%

Buy Apartment Outside City Center (m2)

$4,437 CA$6,040

$4,461 CA$6,072

-0.53%

Average Monthly Net Salary (After Tax)

$2,279 CA$3,102

$2,940 CA$4,002

-22.49%

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: October 28, 2025

Last update for Montreal: October 29, 2025

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