Last update: Oct 2026

Cost of Living Comparison Between Colima and Montreal

For one person, living is cheaper in Colima: $952 a month against $2,018 in Montreal, rent and utilities included – about $12,800 less a year. Rent and utilities account for most of the difference.

46

Cost of Living Index in Colima
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Colima Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Colima

🇲🇽 Mexico

$952

/mo nomad

Montreal

🇨🇦 Canada

$2,018

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $952 in Colima versus $2,018 in Montreal.

Colima $952
Montreal $2,018

Estimated couple costs with rent: $1,562 in Colima versus $3,085 in Montreal.

Colima $1,562
Montreal $3,085

Monthly costs for a family of three with rent: $2,173 in Colima versus $4,152 in Montreal.

Colima $2,173
Montreal $4,152

Living in Colima costs roughly 53% less than in Montreal, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Colima is 29% below, Montreal is 49% above.

Meal at Budget Restaurant

$7.58 MX$140

$18.82 CA$26.61

-59.72%

Three-Course Dinner for Two, Mid-Range

$33.52 MX$619

$70.3 CA$99.4

-52.31%

Fast Food Meal (McDonalds, etc)

$7.16 MX$132

$10.66 CA$15.06

-32.83%

Cappuccino

$2.24 MX$41.33

$3.84 CA$5.43

-41.67%

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

$1.00 MX$18.48

$1.92 CA$2.71

-47.92%

Water (0.33 liter bottle)

$0.84 MX$15.45

$1.54 CA$2.18

-45.45%

Local Beer (0.5 liter draught)

$2.23 MX$41.16

$6.23 CA$8.81

-64.21%

Imported Beer (0.33 liter bottle)

$2.45 MX$45.24

$7.10 CA$10.03

-65.49%

Milk (1 liter)

$1.55 MX$28.57

$2.31 CA$3.27

-32.90%

White Bread (500g)

$2.64 MX$48.76

$3.14 CA$4.44

-15.92%

Rice (white) (1kg)

$1.21 MX$22.40

$3.21 CA$4.54

-62.31%

Eggs

$2.76 MX$51.0

$3.52 CA$4.97

-21.59%

Local Cheese (1kg)

$8.01 MX$148

$12.81 CA$18.11

-37.47%

Chicken Fillets (1kg)

$8.35 MX$154

$11.46 CA$16.20

-27.14%

Beef Round Steak (1kg)

$9.86 MX$182

$13.39 CA$18.92

-26.36%

Apples (1kg)

$2.85 MX$52.7

$3.14 CA$4.43

-9.24%

Banana (1kg)

$1.44 MX$26.63

$1.44 CA$2.03

Oranges (1kg)

$1.78 MX$32.82

$3.47 CA$4.91

-48.70%

Tomato (1kg)

$2.26 MX$41.70

$3.07 CA$4.34

-26.38%

Potato (1kg)

$2.30 MX$42.50

$1.90 CA$2.69

21.05%

Onion (1kg)

$2.30 MX$42.58

$1.77 CA$2.50

29.94%

Lettuce (1 head)

$1.43 MX$26.36

$2.34 CA$3.31

-38.89%

Water (1.5 liter bottle)

$1.09 MX$20.09

$1.55 CA$2.19

-29.68%

Cigarettes 20 Pack (Marlboro, Camel)

$3.61 MX$66.8

$11.38 CA$16.09

-68.28%

Wine (Bottle)

$6.76 MX$125

$10.63 CA$15.03

-36.41%

Local Beer (0.5 liter bottle)

$1.56 MX$28.83

$2.27 CA$3.21

-31.28%

Imported Beer (0.33 liter bottle)

$1.77 MX$32.64

$2.82 CA$3.99

-37.23%

One-way Ticket (Public Transport)

$0.63 MX$11.73

$2.66 CA$3.76

-76.32%

Public Transport Monthly Pass (Regular Price)

$19.51 MX$361

$77.3 CA$109

-74.76%

Taxi Start (Normal Tariff)

$2.40 MX$44.35

$3.20 CA$4.53

-25.00%

Taxi (Normal Tariff) (1km)

$2.82 MX$52.1

$1.48 CA$2.09

90.54%

Taxi 1hour Waiting (Normal Tariff)

$9.41 MX$174

$32.88 CA$46.48

-71.38%

Gasoline (1 liter)

$1.43 MX$26.45

$1.34 CA$1.90

6.72%

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

$20.9K MX$386.3K

$28.2K CA$39.8K

-25.75%

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

$22.7K MX$419.1K

$19.6K CA$27.8K

15.54%

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

$64.9 MX$1,198

$76.0 CA$107

-14.61%

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

$20.24 MX$374

$33.95 CA$48.00

-40.38%

Internet (50+ Mbps, Unlimited Data)

$29.71 MX$549

$42.31 CA$59.8

-29.78%

Gym Membership (Monthly)

$35.28 MX$652

$29.76 CA$42.07

18.55%

Tennis Court (1 Hour on Weekend)

$21.72 MX$401

$20.28 CA$28.67

7.10%

Cinema Ticket

$4.63 MX$85.6

$11.15 CA$15.77

-58.48%

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

$147 MX$2,712

$507 CA$717

-71.06%

International Primary School, 1 Child (Yearly)

$2,496 MX$46.1K

$16.1K CA$22.7K

-84.45%

Jeans (Levis 501 Or Similar)

$45.09 MX$833

$57.6 CA$81.4

-21.65%

Summer Dress (H&M, Zara, etc)

$25.11 MX$464

$37.58 CA$53.1

-33.18%

Sport Shoes (Adidas, Nike)

$74.1 MX$1,369

$91.9 CA$130

-19.39%

Men's Leather Business Shoes

$102 MX$1,884

$110 CA$155

-6.96%

1-bedroom Apartment, City Center (Monthly)

$262 MX$4,849

$1,260 CA$1,782

-79.18%

1-bedroom Apartment, Outside City Center (Monthly)

$261 MX$4,831

$948 CA$1,340

-72.41%

3-bedroom Apartment, City Center (Monthly)

$369 MX$6,826

$2,137 CA$3,021

-82.71%

3-bedroom Apartment, Outside City Center (Monthly)

$589 MX$10.9K

$1,614 CA$2,281

-63.51%

Buy Apartment in City Center (m2)

$4,960 CA$7,011

Buy Apartment Outside City Center (m2)

$3,838 CA$5,425

Average Monthly Net Salary (After Tax)

$287 MX$5,301

$2,827 CA$3,997

-89.85%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.3

4.48

152.23%

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

Last update for Colima: October 12, 2026

Last update for Montreal: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Colima

$261 27.5%

Montreal

$948 47% 263% $686

Groceries & Markets

Colima

$250 26.2%

Montreal

$346 17.2% 38.9% $97

Eating Out

Colima

$132 13.9%

Montreal

$288 14.3% 118% $155

Monthly Utilities & Internet

Colima

$115 12.1%

Montreal

$152 7.5% 32.6% $37

Clothing & Footwear

Colima

$111 11.6%

Montreal

$133 6.6% 20.4% $23

Sport & Entertainment

Colima

$45 4.7%

Montreal

$52 2.6% 16.9% $7.5

Getting Around

Colima

$39 4.1%

Montreal

$99 4.9% 156% $60

Cost Breakdown

A one-bedroom apartment in the center runs $262 in Colima and $1,260 in Montreal. Housing cost is often the main lever when comparing two cities.

Montreal pays 886% 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: $34.00 in Colima vs $70.0 in Montreal for a mid-range dinner for two. Groceries echo the gap at $250 vs $346 per month, with Colima cheaper across the board.

Good to know

🇲🇽 Colima

🇨🇦 Montreal

🕒 Local time

20:29 8:29 PM

22:29 10:29 PM

2 h ahead of Colima

🌤 Weather

👥 Population

146,965

1,762,949

💱 Currency

Mexican Peso MXN $

Canadian Dollar CAD $

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 18, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to MXN in detail →

On the map

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Between locations

Colima Montreal 4,020 km ≈ 6 h nonstop flight

From you

Colima
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

Colima vs Montreal: Cost of Living - Frequently Asked Questions

Colima and Montreal differ by about 112% in total monthly costs ($952 vs $2,018 including rent). Colima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 886% lower in Montreal. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $262 in Colima versus $1,260 in Montreal. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Colima runs roughly 296% less than in Montreal. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $147 in Colima versus $507 in Montreal. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $952 in Colima versus $2,018 in Montreal, a $2,000 budget is realistic in Colima but tight or insufficient in Montreal. The gap between the two cities makes Colima the clear choice for anyone on this budget.

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.

Safety-wise, Colima 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 Colima gentler on the wallet – expenses run 112% less than in Montreal. Beyond cost, consider language, visa policies, and how big the international community is in each city.