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

🙂 Solo nomad: Banff is 8% cheaper than Montreal without rent, and 6.5% more expensive with rent.

😐 Family of 3: Banff is 20.8% more expensive than Montreal without rent, and 40.4% more expensive with rent.

Meal at Budget Restaurant

$22.05 CA$30.21

$16.08 CA$22.03

37.13%

Three-Course Dinner for Two, Mid-Range

$72.8 CA$99.7

$73.8 CA$101

-1.40%

Fast Food Meal (McDonalds, etc)

$10.34 CA$14.16

$10.91 CA$14.95

-5.22%

Cappuccino

$4.31 CA$5.90

$3.67 CA$5.03

17.44%

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

$1.68 CA$2.30

$2.06 CA$2.83

-18.45%

Water (0.33 liter bottle)

$1.97 CA$2.70

$1.44 CA$1.97

36.81%

Local Beer (0.5 liter draught)

$5.65 CA$7.74

$6.21 CA$8.50

-9.02%

Imported Beer (0.33 liter bottle)

$8.95 CA$12.26

$6.44 CA$8.82

38.98%

Milk (1 liter)

$2.10 CA$2.87

$2.34 CA$3.21

-10.26%

White Bread (500g)

$2.31 CA$3.16

$3.23 CA$4.42

-28.48%

Rice (white) (1kg)

$5.92 CA$8.11

$3.84 CA$5.26

54.17%

Eggs

$3.74 CA$5.12

$3.32 CA$4.54

12.65%

Local Cheese (1kg)

$12.52 CA$17.15

$16.35 CA$22.40

-23.43%

Chicken Fillets (1kg)

$14.85 CA$20.35

$11.92 CA$16.33

24.58%

Beef Round Steak (1kg)

$12.44 CA$17.04

$15.10 CA$20.69

-17.62%

Apples (1kg)

$4.13 CA$5.66

$3.68 CA$5.04

12.23%

Banana (1kg)

$1.59 CA$2.17

$1.69 CA$2.32

-5.92%

Oranges (1kg)

$4.90 CA$6.71

$4.12 CA$5.64

18.93%

Tomato (1kg)

$5.22 CA$7.15

$4.29 CA$5.88

21.68%

Potato (1kg)

$2.90 CA$3.97

$2.79 CA$3.82

3.94%

Onion (1kg)

$3.19 CA$4.37

$2.70 CA$3.70

18.15%

Lettuce (1 head)

$3.42 CA$4.69

$2.17 CA$2.97

57.60%

Water (1.5 liter bottle)

$2.78 CA$3.81

$1.78 CA$2.44

56.18%

Cigarettes 20 Pack (Marlboro, Camel)

$14.95 CA$20.48

$13.22 CA$18.12

13.09%

Wine (Bottle)

$12.80 CA$17.54

$11.04 CA$15.12

15.94%

Local Beer (0.5 liter bottle)

$5.20 CA$7.12

$2.97 CA$4.07

75.08%

Imported Beer (0.33 liter bottle)

$3.01 CA$4.13

$3.44 CA$4.71

-12.50%

One-way Ticket (Public Transport)

$1.45 CA$1.98

$2.80 CA$3.84

-48.21%

Public Transport Monthly Pass (Regular Price)

$22.26 CA$30.49

$72.2 CA$98.9

-69.17%

Taxi Start (Normal Tariff)

$5.58 CA$7.64

$3.67 CA$5.03

52.04%

Taxi (Normal Tariff) (1km)

$3.19 CA$4.37

$1.40 CA$1.92

127.86%

Taxi 1hour Waiting (Normal Tariff)

$19.12 CA$26.19

$34.07 CA$46.68

-43.88%

Gasoline (1 liter)

$1.02 CA$1.40

$1.21 CA$1.66

-15.70%

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

$24.9K CA$34.1K

$25.3K CA$34.7K

-1.81%

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

$20.8K CA$28.5K

$21.9K CA$30.0K

-4.91%

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

$200 CA$274

$74.4 CA$102

168.65%

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

$57.5 CA$78.8

$36.64 CA$50.2

56.91%

Internet (50+ Mbps, Unlimited Data)

$69.1 CA$94.6

$43.41 CA$59.5

59.09%

Gym Membership (Monthly)

$75.8 CA$104

$43.20 CA$59.2

75.53%

Tennis Court (1 Hour on Weekend)

$37.19 CA$51.0

$17.18 CA$23.54

116.47%

Cinema Ticket

$8.70 CA$11.91

$10.99 CA$15.06

-20.84%

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

$870 CA$1,191

$614 CA$842

41.53%

International Primary School, 1 Child (Yearly)

$11.6K CA$15.8K

$5,855 CA$8,022

97.34%

Jeans (Levis 501 Or Similar)

$44.00 CA$60.3

$62.6 CA$85.8

-29.71%

Summer Dress (H&M, Zara, etc)

$47.29 CA$64.8

$44.25 CA$60.6

6.87%

Sport Shoes (Adidas, Nike)

$94.3 CA$129

$103 CA$142

-8.67%

Men's Leather Business Shoes

$111 CA$152

$122 CA$167

-8.54%

1-bedroom Apartment, City Center (Monthly)

$897 CA$1,228

$1,190 CA$1,631

-24.67%

1-bedroom Apartment, Outside City Center (Monthly)

$885 CA$1,212

$946 CA$1,296

-6.51%

3-bedroom Apartment, City Center (Monthly)

$1,342 CA$1,838

$2,037 CA$2,791

-34.15%

3-bedroom Apartment, Outside City Center (Monthly)

$3,070 CA$4,206

$1,548 CA$2,120

98.37%

Buy Apartment in City Center (m2)

$3,771 CA$5,166

$5,398 CA$7,395

-30.14%

Buy Apartment Outside City Center (m2)

$3,491 CA$4,783

$4,014 CA$5,499

-13.02%

Average Monthly Net Salary (After Tax)

$2,626 CA$3,597

$3,013 CA$4,128

-12.86%

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: April 13, 2026

Last update for Montreal: April 11, 2026

City Median Internet Speeds Comparison (Updated April 2026)

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

Digital Nomad Cost of Living Index

Banff vs other spots: cost of living compared

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