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: $3,064 in Canmore versus $2,063 in Montreal.

Estimated couple costs with rent: $4,853 in Canmore versus $3,159 in Montreal.

Monthly costs for a family of three with rent: $6,642 in Canmore versus $4,255 in Montreal.

Living in Canmore is roughly 49% more expensive than Montreal, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Canmore 129% above, Montreal 54% above.

Meal at Budget Restaurant

$18.36 CA$25.43

$15.92 CA$22.05

15.33%

Three-Course Dinner for Two, Mid-Range

$74.3 CA$103

$73.1 CA$101

1.71%

Fast Food Meal (McDonalds, etc)

$11.86 CA$16.42

$11.15 CA$15.43

6.37%

Cappuccino

$4.43 CA$6.13

$3.80 CA$5.26

16.58%

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

$1.62 CA$2.25

$2.18 CA$3.01

-25.69%

Water (0.33 liter bottle)

$1.95 CA$2.70

$1.46 CA$2.02

33.56%

Local Beer (0.5 liter draught)

$8.30 CA$11.49

$6.12 CA$8.48

35.62%

Imported Beer (0.33 liter bottle)

$6.44 CA$8.91

$6.78 CA$9.38

-5.01%

Milk (1 liter)

$2.20 CA$3.04

$2.33 CA$3.22

-5.58%

White Bread (500g)

$2.34 CA$3.24

$3.39 CA$4.69

-30.97%

Rice (white) (1kg)

$5.31 CA$7.35

$3.73 CA$5.16

42.36%

Eggs

$3.67 CA$5.08

$3.38 CA$4.68

8.58%

Local Cheese (1kg)

$11.61 CA$16.07

$16.25 CA$22.50

-28.55%

Chicken Fillets (1kg)

$14.98 CA$20.74

$11.54 CA$15.98

29.81%

Beef Round Steak (1kg)

$12.50 CA$17.31

$15.24 CA$21.10

-17.98%

Apples (1kg)

$4.12 CA$5.70

$3.74 CA$5.18

10.16%

Banana (1kg)

$1.52 CA$2.11

$1.70 CA$2.36

-10.59%

Oranges (1kg)

$4.32 CA$5.98

$4.11 CA$5.68

5.11%

Tomato (1kg)

$5.04 CA$6.98

$4.35 CA$6.02

15.86%

Potato (1kg)

$2.92 CA$4.04

$2.71 CA$3.75

7.75%

Onion (1kg)

$3.29 CA$4.56

$2.62 CA$3.62

25.57%

Lettuce (1 head)

$2.92 CA$4.04

$2.25 CA$3.12

29.78%

Water (1.5 liter bottle)

$2.58 CA$3.58

$1.73 CA$2.39

49.13%

Cigarettes 20 Pack (Marlboro, Camel)

$14.96 CA$20.72

$13.31 CA$18.43

12.40%

Wine (Bottle)

$13.16 CA$18.22

$10.78 CA$14.93

22.08%

Local Beer (0.5 liter bottle)

$2.86 CA$3.96

$3.01 CA$4.17

-4.98%

Imported Beer (0.33 liter bottle)

$4.52 CA$6.26

$3.46 CA$4.80

30.64%

One-way Ticket (Public Transport)

$1.49 CA$2.06

$2.74 CA$3.79

-45.62%

Public Transport Monthly Pass (Regular Price)

$30.80 CA$42.65

$72.7 CA$101

-57.62%

Taxi Start (Normal Tariff)

$5.48 CA$7.59

$3.63 CA$5.03

50.96%

Taxi (Normal Tariff) (1km)

$2.74 CA$3.80

$1.46 CA$2.02

87.67%

Taxi 1hour Waiting (Normal Tariff)

$25.40 CA$35.17

$33.44 CA$46.30

-24.04%

Gasoline (1 liter)

$1.02 CA$1.42

$1.21 CA$1.68

-15.70%

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

$25.1K CA$34.8K

$24.6K CA$34.1K

1.85%

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

$21.3K CA$29.5K

$21.7K CA$30.0K

-1.91%

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

$206 CA$285

$76.0 CA$105

171.13%

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

$59.4 CA$82.2

$35.72 CA$49.46

66.15%

Internet (50+ Mbps, Unlimited Data)

$75.3 CA$104

$42.86 CA$59.4

75.69%

Gym Membership (Monthly)

$69.3 CA$96.0

$42.92 CA$59.4

61.56%

Tennis Court (1 Hour on Weekend)

$21.66 CA$29.99

$17.23 CA$23.86

25.71%

Cinema Ticket

$14.58 CA$20.18

$11.09 CA$15.35

31.47%

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

$1,034 CA$1,431

$620 CA$858

66.84%

International Primary School, 1 Child (Yearly)

$12.0K CA$16.6K

$5,834 CA$8,078

105.03%

Jeans (Levis 501 Or Similar)

$52.9 CA$73.3

$62.7 CA$86.8

-15.58%

Summer Dress (H&M, Zara, etc)

$46.62 CA$64.6

$44.41 CA$61.5

4.98%

Sport Shoes (Adidas, Nike)

$91.8 CA$127

$101 CA$139

-8.91%

Men's Leather Business Shoes

$101 CA$140

$119 CA$165

-14.91%

1-bedroom Apartment, City Center (Monthly)

$1,589 CA$2,200

$1,211 CA$1,677

31.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,677 CA$2,321

$960 CA$1,329

74.73%

3-bedroom Apartment, City Center (Monthly)

$2,033 CA$2,815

$2,035 CA$2,818

-0.11%

3-bedroom Apartment, Outside City Center (Monthly)

$3,611 CA$5,000

$1,589 CA$2,201

127.21%

Buy Apartment in City Center (m2)

$6,462 CA$8,947

$5,181 CA$7,173

24.74%

Buy Apartment Outside City Center (m2)

$6,244 CA$8,646

$3,934 CA$5,446

58.74%

Average Monthly Net Salary (After Tax)

$3,258 CA$4,511

$2,960 CA$4,098

10.07%

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: June 1, 2026

Last update for Montreal: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,589 in Canmore and $1,211 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 $73.0 in Montreal for a mid-range dinner for two. Groceries echo the gap at $408 vs $392 per month, with Montreal cheaper across the board.

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 49% 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.

Canmore pays 10% more on average, 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: $1,589 in Canmore versus $1,211 in Montreal. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $3,064 per month in Canmore versus $2,063 in Montreal – a 49% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Montreal runs roughly 136% less than in Canmore. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,063 in Montreal versus $3,064 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 $2,063 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 49% less than in Canmore. Beyond cost, consider language, visa policies, and how big the international community is in each city.