Cost of Living Comparison Between Canmore and Montreal Cost of Living Comparison Between Canmore and Montreal

Monthly Cost of Living

Monthly costs for one person with rent: $3,066 in Canmore versus $2,085 in Montreal.

Estimated couple costs with rent: $4,877 in Canmore versus $3,174 in Montreal.

Monthly costs for a family of three with rent: $6,688 in Canmore versus $4,262 in Montreal.

Living in Canmore is roughly 47% more expensive than in Montreal, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Canmore 130% above, Montreal 56% above.

Meal at Budget Restaurant

$18.31 CA$25.67

$16.52 CA$23.16

10.84%

Three-Course Dinner for Two, Mid-Range

$74.0 CA$104

-0.04%

Fast Food Meal (McDonalds, etc)

$11.67 CA$16.36

$10.94 CA$15.34

6.67%

Cappuccino

$4.26 CA$5.97

$3.84 CA$5.39

10.94%

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

$1.61 CA$2.25

$2.14 CA$2.99

-24.77%

Water (0.33 liter bottle)

$1.88 CA$2.64

$1.45 CA$2.03

29.66%

Local Beer (0.5 liter draught)

$8.19 CA$11.49

$6.13 CA$8.60

33.61%

Imported Beer (0.33 liter bottle)

$6.55 CA$9.19

$6.73 CA$9.44

-2.67%

Milk (1 liter)

$2.11 CA$2.96

$2.35 CA$3.30

-10.21%

White Bread (500g)

$2.32 CA$3.25

$3.34 CA$4.68

-30.54%

Rice (white) (1kg)

$5.36 CA$7.52

$3.74 CA$5.25

43.32%

Eggs

$3.68 CA$5.16

$3.39 CA$4.76

8.55%

Local Cheese (1kg)

$11.52 CA$16.15

$16.30 CA$22.85

-29.33%

Chicken Fillets (1kg)

$14.77 CA$20.71

$11.81 CA$16.56

25.06%

Beef Round Steak (1kg)

$12.75 CA$17.87

$15.64 CA$21.93

-18.48%

Apples (1kg)

$4.30 CA$6.02

$3.69 CA$5.18

16.53%

Banana (1kg)

$1.56 CA$2.19

$1.70 CA$2.39

-8.24%

Oranges (1kg)

$4.34 CA$6.08

$4.11 CA$5.76

5.60%

Tomato (1kg)

$5.26 CA$7.37

$4.41 CA$6.18

19.27%

Potato (1kg)

$2.90 CA$4.07

$2.79 CA$3.91

3.94%

Onion (1kg)

$3.25 CA$4.56

$2.64 CA$3.70

23.11%

Lettuce (1 head)

$2.87 CA$4.02

$2.29 CA$3.21

25.33%

Water (1.5 liter bottle)

$2.60 CA$3.65

$1.78 CA$2.50

46.07%

Cigarettes 20 Pack (Marlboro, Camel)

$14.94 CA$20.94

$13.17 CA$18.47

13.44%

Wine (Bottle)

$14.26 CA$20.00

$10.64 CA$14.92

34.02%

Local Beer (0.5 liter bottle)

$2.80 CA$3.92

$2.99 CA$4.19

-6.35%

Imported Beer (0.33 liter bottle)

$4.50 CA$6.31

$3.44 CA$4.82

30.81%

One-way Ticket (Public Transport)

$1.44 CA$2.02

$2.81 CA$3.94

-48.75%

Public Transport Monthly Pass (Regular Price)

$31.49 CA$44.15

$72.8 CA$102

-56.76%

Taxi Start (Normal Tariff)

$5.40 CA$7.56

$3.52 CA$4.93

53.41%

Taxi (Normal Tariff) (1km)

$2.79 CA$3.92

$1.45 CA$2.04

92.41%

Taxi 1hour Waiting (Normal Tariff)

$25.59 CA$35.88

$34.29 CA$48.08

-25.37%

Gasoline (1 liter)

$1.07 CA$1.50

$1.22 CA$1.72

-12.30%

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

$25.3K CA$35.5K

$25.3K CA$35.4K

0.25%

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

$21.1K CA$29.6K

$22.1K CA$31.0K

-4.76%

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

$204 CA$286

$76.5 CA$107

167.10%

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

$58.8 CA$82.5

$35.60 CA$49.91

65.20%

Internet (50+ Mbps, Unlimited Data)

$74.5 CA$104

$42.96 CA$60.2

73.44%

Gym Membership (Monthly)

$69.0 CA$96.7

$43.39 CA$60.8

58.93%

Tennis Court (1 Hour on Weekend)

$21.83 CA$30.61

$16.83 CA$23.60

29.71%

Cinema Ticket

$14.58 CA$20.44

$11.09 CA$15.55

31.47%

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

$1,017 CA$1,425

$625 CA$876

62.79%

International Primary School, 1 Child (Yearly)

$11.9K CA$16.7K

$5,896 CA$8,266

102.33%

Jeans (Levis 501 Or Similar)

$53.7 CA$75.3

$63.1 CA$88.5

-14.85%

Summer Dress (H&M, Zara, etc)

$46.20 CA$64.8

$44.50 CA$62.4

3.82%

Sport Shoes (Adidas, Nike)

$94.8 CA$133

$103 CA$144

-7.80%

Men's Leather Business Shoes

$99.5 CA$139

$118 CA$166

-15.88%

1-bedroom Apartment, City Center (Monthly)

$1,574 CA$2,206

$1,207 CA$1,692

30.35%

1-bedroom Apartment, Outside City Center (Monthly)

$1,654 CA$2,319

$965 CA$1,353

71.38%

3-bedroom Apartment, City Center (Monthly)

$2,037 CA$2,855

$2,031 CA$2,848

0.26%

3-bedroom Apartment, Outside City Center (Monthly)

$3,675 CA$5,152

$1,577 CA$2,211

133.05%

Buy Apartment in City Center (m2)

$6,399 CA$8,971

$5,085 CA$7,129

25.84%

Buy Apartment Outside City Center (m2)

$5,984 CA$8,390

$3,783 CA$5,304

58.17%

Average Monthly Net Salary (After Tax)

$3,193 CA$4,476

$2,890 CA$4,051

10.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.96

5.01

18.96%

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

Last update for Canmore: July 12, 2026

Last update for Montreal: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,574 in Canmore and $1,207 in Montreal. Housing cost is often the main lever when comparing two cities.

Canmore pays 10% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $74.0 in Canmore vs $74.0 in Montreal. Groceries flip the comparison at $411 vs $395, with Montreal cheaper for home cooking.

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

Canmore vs Montreal: Cost of Living - Frequently Asked Questions

Montreal wins on cost – living expenses run 47% lower than in Canmore. Housing and daily spending are where you'll feel the difference most, making Montreal the obvious pick if budget is a priority.

Average pay runs 10% higher in Canmore, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,574 in Canmore versus $1,207 in Montreal. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $3,066 per month in Canmore versus $2,085 in Montreal – a 47% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Montreal runs roughly 131% less than in Canmore. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,085 in Montreal versus $3,066 in Canmore, a $2,000 budget is realistic in Montreal but tight or insufficient in Canmore. The gap between the two cities makes Montreal the clear choice for anyone on this budget.

Both work as nomad bases, but Montreal delivers better value – similar infrastructure at $2,085 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Montreal hard to pass up.

Safety-wise, Canmore and Montreal are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Montreal gentler on the wallet – expenses run 47% less than in Canmore. Beyond cost, consider language, visa policies, and how big the international community is in each city.