Last update: Oct 2026

Cost of Living Comparison Between Canmore and Montreal

For one person, living is cheaper in Montreal: $2,064 a month against $2,957 in Canmore, rent and utilities included – about $10,700 less a year. Rent and utilities account for most of the difference.

141

Cost of Living Index in Canmore
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Canmore Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Canmore

🇨🇦 Canada

$2,957

/mo nomad

Montreal

🇨🇦 Canada

$2,064

/mo nomad

Monthly Cost of Living

How much you'll spend in Canmore and in Montreal

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Canmore and in Montreal actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,957 in Canmore versus $2,064 in Montreal.

Canmore $2,957
Montreal $2,064

Estimated couple costs with rent: $4,610 in Canmore versus $3,156 in Montreal.

Canmore $4,610
Montreal $3,156

Monthly costs for a family of three with rent: $6,262 in Canmore versus $4,247 in Montreal.

Canmore $6,262
Montreal $4,247

Living in Canmore is roughly 43% more expensive than in Montreal, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Canmore 117% above, Montreal 52% above.

Meal at Budget Restaurant

$18.01 CA$25.28

$18.98 CA$26.64

-5.11%

Three-Course Dinner for Two, Mid-Range

$68.5 CA$96.2

$73.0 CA$102

-6.11%

Fast Food Meal (McDonalds, etc)

$12.35 CA$17.33

$10.88 CA$15.27

13.51%

Cappuccino

$4.15 CA$5.82

$3.81 CA$5.35

8.92%

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

$1.77 CA$2.48

$1.94 CA$2.72

-8.76%

Water (0.33 liter bottle)

$2.11 CA$2.96

$1.58 CA$2.22

33.54%

Local Beer (0.5 liter draught)

$7.11 CA$9.98

$6.37 CA$8.94

11.62%

Imported Beer (0.33 liter bottle)

$5.65 CA$7.94

$7.26 CA$10.20

-22.18%

Milk (1 liter)

$2.18 CA$3.07

$2.23 CA$3.13

-2.24%

White Bread (500g)

$2.54 CA$3.57

$3.17 CA$4.45

-19.87%

Rice (white) (1kg)

$4.47 CA$6.27

$3.31 CA$4.64

35.05%

Eggs

$3.39 CA$4.76

$3.63 CA$5.09

-6.61%

Local Cheese (1kg)

$10.00 CA$14.03

$13.16 CA$18.47

-24.01%

Chicken Fillets (1kg)

$12.36 CA$17.34

$11.56 CA$16.22

6.92%

Beef Round Steak (1kg)

$13.11 CA$18.39

$13.71 CA$19.25

-4.38%

Apples (1kg)

$3.45 CA$4.85

$3.29 CA$4.62

4.86%

Banana (1kg)

$1.36 CA$1.91

$1.46 CA$2.05

-6.85%

Oranges (1kg)

$2.74 CA$3.84

$3.37 CA$4.73

-18.69%

Tomato (1kg)

$4.53 CA$6.36

$3.15 CA$4.42

43.81%

Potato (1kg)

$3.53 CA$4.96

$1.89 CA$2.65

86.77%

Onion (1kg)

$3.18 CA$4.46

$1.79 CA$2.52

77.65%

Lettuce (1 head)

$2.82 CA$3.96

$2.47 CA$3.47

14.17%

Water (1.5 liter bottle)

$1.80 CA$2.52

$1.58 CA$2.22

13.92%

Cigarettes 20 Pack (Marlboro, Camel)

$12.09 CA$16.97

$11.28 CA$15.84

7.18%

Wine (Bottle)

$14.14 CA$19.84

$10.49 CA$14.73

34.80%

Local Beer (0.5 liter bottle)

$3.26 CA$4.58

$2.34 CA$3.28

39.32%

Imported Beer (0.33 liter bottle)

$3.87 CA$5.44

$2.91 CA$4.09

32.99%

One-way Ticket (Public Transport)

$2.19 CA$3.07

$2.61 CA$3.66

-16.09%

Public Transport Monthly Pass (Regular Price)

$30.80 CA$43.23

$79.1 CA$111

-61.08%

Taxi Start (Normal Tariff)

$3.49 CA$4.89

$3.26 CA$4.57

7.06%

Taxi (Normal Tariff) (1km)

$2.93 CA$4.11

$1.44 CA$2.02

103.47%

Taxi 1hour Waiting (Normal Tariff)

$42.69 CA$59.9

$33.43 CA$46.92

27.70%

Gasoline (1 liter)

$1.07 CA$1.50

$1.33 CA$1.87

-19.55%

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

$25.1K CA$35.2K

$28.6K CA$40.2K

-12.46%

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

$21.0K CA$29.4K

$21.1K CA$29.6K

-0.69%

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

$273 CA$382

$80.1 CA$112

240.38%

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

$52.1 CA$73.1

$34.30 CA$48.14

51.81%

Internet (50+ Mbps, Unlimited Data)

$69.6 CA$97.7

$42.85 CA$60.1

62.47%

Gym Membership (Monthly)

$51.9 CA$72.9

$31.14 CA$43.71

66.80%

Tennis Court (1 Hour on Weekend)

$10.81 CA$15.17

$19.41 CA$27.24

-44.31%

Cinema Ticket

$14.03 CA$19.69

$11.23 CA$15.76

24.93%

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

$868 CA$1,218

$525 CA$737

65.25%

International Primary School, 1 Child (Yearly)

$3,521 CA$4,942

$16.3K CA$22.9K

-78.44%

Jeans (Levis 501 Or Similar)

$47.59 CA$66.8

$58.0 CA$81.4

-17.95%

Summer Dress (H&M, Zara, etc)

$43.95 CA$61.7

$38.11 CA$53.5

15.32%

Sport Shoes (Adidas, Nike)

$75.6 CA$106

$93.4 CA$131

-19.03%

Men's Leather Business Shoes

$89.7 CA$126

$110 CA$155

-18.61%

1-bedroom Apartment, City Center (Monthly)

$1,556 CA$2,184

$1,285 CA$1,803

21.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,646 CA$2,309

$977 CA$1,371

68.50%

3-bedroom Apartment, City Center (Monthly)

$3,398 CA$4,768

$2,271 CA$3,187

49.63%

3-bedroom Apartment, Outside City Center (Monthly)

$3,499 CA$4,911

$1,665 CA$2,336

110.19%

Buy Apartment in City Center (m2)

$6,464 CA$9,071

$5,139 CA$7,212

25.77%

Buy Apartment Outside City Center (m2)

$5,946 CA$8,345

$3,834 CA$5,381

55.08%

Average Monthly Net Salary (After Tax)

$3,201 CA$4,492

$3,002 CA$4,213

6.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.85

4.48

8.26%

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

Last update for Canmore: October 26, 2026

Last update for Montreal: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Canmore

$1.6K 55.7%

Montreal

$977 47.3% 40.7% $669

Monthly Utilities & Internet

Canmore

$394 13.3%

Montreal

$157 7.6% 60.1% $237

Groceries & Markets

Canmore

$371 12.5%

Montreal

$351 17% 5.3% $20

Eating Out

Canmore

$293 9.9%

Montreal

$291 14.1% 0.9% $2.6

Clothing & Footwear

Canmore

$116 3.9%

Montreal

$135 6.5% 16.7% $19

Sport & Entertainment

Canmore

$80 2.7%

Montreal

$54 2.6% 33% $26

Getting Around

Canmore

$58 2%

Montreal

$100 4.9% 73.4% $42

Cost Breakdown

A one-bedroom apartment in the center runs $1,556 in Canmore and $1,285 in Montreal. Housing cost is often the main lever when comparing two cities.

Canmore pays 7% 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: $69 in Canmore vs $73 in Montreal. Groceries flip the comparison at $371 vs $351, with Montreal cheaper for home cooking.

Good to know

🇨🇦 Canmore

🇨🇦 Montreal

🕒 Local time

11:44 11:44 AM

13:44 1:44 PM

2 h ahead of Canmore

🌤 Weather

👥 Population

13,992

1,762,949

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

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Between locations

Canmore Montreal 3,110 km ≈ 4 h 30 min nonstop flight

From you

Canmore
Montreal

Distances are measured in a straight line. Your location is detected approximately.

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 30% 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 7% 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: $1,556 in Canmore versus $1,285 in Montreal. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,957 per month in Canmore versus $2,064 in Montreal – a 43% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Canmore runs roughly 61% less than in Montreal. Both cities have functional networks, but the price difference matters if you’re watching your budget.

Both cities are expensive relative to $2,000. Montreal is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Montreal wins on affordability, Canmore on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.