Last update: Oct 2026

Cost of Living Comparison Between Charlottetown and Montreal

For one person, living is cheaper in Charlottetown: $1,906 a month against $2,064 in Montreal, rent and utilities included – about $1,900 less a year. Higher rent and utilities in Montreal outweigh lower spending on other living expenses.

91

Cost of Living Index in Charlottetown
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Charlottetown Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Charlottetown

🇨🇦 Canada

$1,906

/mo nomad

Montreal

🇨🇦 Canada

$2,064

/mo nomad

Monthly Cost of Living

How much you'll spend in Charlottetown 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 Charlottetown and in Montreal actually costs, broken down by who's living it.

A single person spends $1,906 per month in Charlottetown vs $2,064 in Montreal, rent included.

Charlottetown $1,906
Montreal $2,064

A couple spends around $2,844 per month in Charlottetown vs $3,156 in Montreal, rent included.

Charlottetown $2,844
Montreal $3,156

A family of three spends $3,782 per month in Charlottetown vs $4,247 in Montreal, rent included.

Charlottetown $3,782
Montreal $4,247

Charlottetown is about 8% cheaper than Montreal, and outside of rent the biggest gap is in transport.

Both Charlottetown and Montreal sit above the global median – Charlottetown by 40%, Montreal by 52%.

Meal at Budget Restaurant

$14.36 CA$20.07

$18.98 CA$26.52

-24.34%

Three-Course Dinner for Two, Mid-Range

$60.9 CA$85.1

$73.0 CA$102

-16.50%

Fast Food Meal (McDonalds, etc)

$9.53 CA$13.32

$10.88 CA$15.20

-12.41%

Cappuccino

$3.63 CA$5.07

$3.81 CA$5.33

-4.72%

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

$1.69 CA$2.36

$1.94 CA$2.71

-12.89%

Water (0.33 liter bottle)

$1.29 CA$1.80

$1.58 CA$2.21

-18.35%

Local Beer (0.5 liter draught)

$5.80 CA$8.10

$6.37 CA$8.90

-8.95%

Imported Beer (0.33 liter bottle)

$5.74 CA$8.02

$7.26 CA$10.15

-20.94%

Milk (1 liter)

$2.24 CA$3.13

$2.23 CA$3.11

0.45%

White Bread (500g)

$3.09 CA$4.32

$3.17 CA$4.43

-2.52%

Rice (white) (1kg)

$5.08 CA$7.10

$3.31 CA$4.62

53.47%

Eggs

$4.13 CA$5.77

$3.63 CA$5.07

13.77%

Local Cheese (1kg)

$11.55 CA$16.13

$13.16 CA$18.38

-12.23%

Chicken Fillets (1kg)

$15.48 CA$21.62

$11.56 CA$16.15

33.91%

Beef Round Steak (1kg)

$17.53 CA$24.49

$13.71 CA$19.16

27.86%

Apples (1kg)

$3.42 CA$4.77

$3.29 CA$4.60

3.95%

Banana (1kg)

$1.46 CA$2.04

Oranges (1kg)

$4.04 CA$5.65

$3.37 CA$4.70

19.88%

Tomato (1kg)

$5.01 CA$7.00

$3.15 CA$4.40

59.05%

Potato (1kg)

$1.69 CA$2.36

$1.89 CA$2.64

-10.58%

Onion (1kg)

$3.05 CA$4.27

$1.79 CA$2.50

70.39%

Lettuce (1 head)

$2.73 CA$3.82

$2.47 CA$3.45

10.53%

Water (1.5 liter bottle)

$2.05 CA$2.86

$1.58 CA$2.21

29.75%

Cigarettes 20 Pack (Marlboro, Camel)

$17.79 CA$24.85

$11.28 CA$15.77

57.71%

Wine (Bottle)

$14.03 CA$19.60

$10.49 CA$14.66

33.75%

Local Beer (0.5 liter bottle)

$3.31 CA$4.62

$2.34 CA$3.26

41.45%

Imported Beer (0.33 liter bottle)

$3.17 CA$4.42

$2.91 CA$4.07

8.93%

One-way Ticket (Public Transport)

$1.40 CA$1.96

$2.61 CA$3.65

-46.36%

Public Transport Monthly Pass (Regular Price)

$14.31 CA$19.99

$79.1 CA$111

-81.92%

Taxi Start (Normal Tariff)

$7.53 CA$10.52

$3.26 CA$4.55

130.98%

Taxi (Normal Tariff) (1km)

$2.08 CA$2.91

$1.44 CA$2.01

44.44%

Taxi 1hour Waiting (Normal Tariff)

$28.10 CA$39.26

$33.43 CA$46.71

-15.94%

Gasoline (1 liter)

$1.34 CA$1.87

$1.33 CA$1.86

0.75%

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

$27.8K CA$38.9K

$28.6K CA$40.0K

-2.76%

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

$21.5K CA$30.1K

$21.1K CA$29.5K

2.12%

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

$129 CA$181

$80.1 CA$112

61.43%

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

$33.37 CA$46.62

$34.30 CA$47.92

-2.71%

Internet (50+ Mbps, Unlimited Data)

$76.1 CA$106

$42.85 CA$59.9

77.57%

Gym Membership (Monthly)

$58.5 CA$81.7

$31.14 CA$43.51

87.70%

Tennis Court (1 Hour on Weekend)

$3.47 CA$4.85

$19.41 CA$27.11

-82.12%

Cinema Ticket

$10.50 CA$14.67

$11.23 CA$15.69

-6.50%

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

$161 CA$225

$525 CA$734

-69.33%

International Primary School, 1 Child (Yearly)

$16.3K CA$22.8K

Jeans (Levis 501 Or Similar)

$40.13 CA$56.1

$58.0 CA$81.0

-30.81%

Summer Dress (H&M, Zara, etc)

$34.41 CA$48.07

$38.11 CA$53.2

-9.71%

Sport Shoes (Adidas, Nike)

$83.9 CA$117

$93.4 CA$131

-10.17%

Men's Leather Business Shoes

$131 CA$183

$110 CA$154

19.03%

1-bedroom Apartment, City Center (Monthly)

$967 CA$1,351

$1,285 CA$1,795

-24.76%

1-bedroom Apartment, Outside City Center (Monthly)

$760 CA$1,062

$977 CA$1,364

-22.15%

3-bedroom Apartment, City Center (Monthly)

$1,660 CA$2,319

$2,271 CA$3,173

-26.92%

3-bedroom Apartment, Outside City Center (Monthly)

$1,237 CA$1,729

$1,665 CA$2,326

-25.67%

Buy Apartment in City Center (m2)

$2,914 CA$4,071

$5,139 CA$7,180

-43.30%

Buy Apartment Outside City Center (m2)

$1,966 CA$2,747

$3,834 CA$5,357

-48.73%

Average Monthly Net Salary (After Tax)

$2,435 CA$3,402

$3,002 CA$4,194

-18.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.58

4.48

2.23%

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

Last update for Charlottetown: 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

Charlottetown

$760 39.9%

Montreal

$977 47.3% 28.5% $216

Groceries & Markets

Charlottetown

$419 22%

Montreal

$351 17% 16.3% $68

Eating Out

Charlottetown

$239 12.6%

Montreal

$291 14.1% 21.4% $51

Monthly Utilities & Internet

Charlottetown

$239 12.5%

Montreal

$157 7.6% 34.1% $81

Clothing & Footwear

Charlottetown

$130 6.8%

Montreal

$135 6.5% 3.5% $4.5

Sport & Entertainment

Charlottetown

$79 4.2%

Montreal

$54 2.6% 32.5% $26

Getting Around

Charlottetown

$38 2%

Montreal

$100 4.9% 164% $62

Cost Breakdown

A central one-bedroom costs $967 in Charlottetown versus $1,285 in Montreal. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 23% higher in Montreal. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $61 in Charlottetown versus $73 in Montreal. Groceries tell a different story – $419 in Charlottetown vs $351 in Montreal – so Montreal wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Charlottetown

🇨🇦 Montreal

🕒 Local time

21:32 9:32 PM

20:32 8:32 PM

1 h behind Charlottetown

🌤 Weather

👥 Population

38,809

1,762,949

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

Exchange rates and currency converter

On the map

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Between locations

Charlottetown Montreal 810 km ≈ 1 h 30 min nonstop flight

From you

Charlottetown
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

Charlottetown vs Montreal: Cost of Living - Frequently Asked Questions

Montreal costs about 8% more than Charlottetown, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,858 per month in Charlottetown and $3,096 in Montreal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Charlottetown, especially for central apartments: a one-bedroom in the center costs $967 there versus $1,285 in Montreal.

Monthly expenses with rent come to $1,906 in Charlottetown and $2,064 in Montreal. That makes Charlottetown about 8% cheaper.

Public transport costs about 82% less in Charlottetown. For daily commuters, that gap adds up to noticeable savings over a year.

Families tend to lean toward Charlottetown – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Charlottetown. If higher salaries or specific career opportunities are the priority, Montreal makes more sense. Both are solid long-term options with distinct trade-offs.