Last update: Oct 2026

Cost of Living Comparison Between Florence and Montreal

For one person, living is cheaper in Montreal: $2,018 a month against $2,416 in Florence, rent and utilities included – about $4,800 less a year. Rent and utilities account for most of the difference.

117

Cost of Living Index in Florence
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Florence Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Florence

🇮🇹 Italy

$2,416

/mo nomad

Montreal

🇨🇦 Canada

$2,018

/mo nomad

Monthly Cost of Living

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

A single person spends $2,416 per month in Florence vs $2,018 in Montreal, rent included.

Florence $2,416
Montreal $2,018

A couple spends around $3,684 per month in Florence vs $3,085 in Montreal, rent included.

Florence $3,684
Montreal $3,085

A family of three spends $4,952 per month in Florence vs $4,152 in Montreal, rent included.

Florence $4,952
Montreal $4,152

Florence costs about 20% more than Montreal, and outside of rent the biggest gap is in eating out.

Both Florence and Montreal sit above the global median – Florence by 79%, Montreal by 49%.

Meal at Budget Restaurant

$27.03 €24.04

$18.82 CA$26.61

43.62%

Three-Course Dinner for Two, Mid-Range

$78.7 €70.0

$70.3 CA$99.4

11.99%

Fast Food Meal (McDonalds, etc)

$14.67 €13.05

$10.66 CA$15.06

37.62%

Cappuccino

$2.27 €2.02

$3.84 CA$5.43

-40.89%

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

$3.27 €2.91

$1.92 CA$2.71

70.31%

Water (0.33 liter bottle)

$1.49 €1.32

$1.54 CA$2.18

-3.25%

Local Beer (0.5 liter draught)

$6.65 €5.91

$6.23 CA$8.81

6.74%

Imported Beer (0.33 liter bottle)

$7.59 €6.75

$7.10 CA$10.03

6.90%

Milk (1 liter)

$1.92 €1.71

$2.31 CA$3.27

-16.88%

White Bread (500g)

$2.58 €2.29

$3.14 CA$4.44

-17.83%

Rice (white) (1kg)

$2.82 €2.50

$3.21 CA$4.54

-12.15%

Eggs

$4.67 €4.15

$3.52 CA$4.97

32.67%

Local Cheese (1kg)

$26.16 €23.27

$12.81 CA$18.11

104.22%

Chicken Fillets (1kg)

$12.16 €10.81

$11.46 CA$16.20

6.11%

Beef Round Steak (1kg)

$25.75 €22.90

$13.39 CA$18.92

92.31%

Apples (1kg)

$3.01 €2.68

$3.14 CA$4.43

-4.14%

Banana (1kg)

$2.62 €2.33

$1.44 CA$2.03

81.94%

Oranges (1kg)

$3.26 €2.90

$3.47 CA$4.91

-6.05%

Tomato (1kg)

$3.24 €2.88

$3.07 CA$4.34

5.54%

Potato (1kg)

$2.27 €2.02

$1.90 CA$2.69

19.47%

Onion (1kg)

$1.82 €1.62

$1.77 CA$2.50

2.82%

Lettuce (1 head)

$1.88 €1.67

$2.34 CA$3.31

-19.66%

Water (1.5 liter bottle)

$0.70 €0.62

$1.55 CA$2.19

-54.84%

Cigarettes 20 Pack (Marlboro, Camel)

$7.23 €6.43

$11.38 CA$16.09

-36.47%

Wine (Bottle)

$7.87 €7.00

$10.63 CA$15.03

-25.96%

Local Beer (0.5 liter bottle)

$2.01 €1.79

$2.27 CA$3.21

-11.45%

Imported Beer (0.33 liter bottle)

$3.14 €2.79

$2.82 CA$3.99

11.35%

One-way Ticket (Public Transport)

$1.98 €1.76

$2.66 CA$3.76

-25.56%

Public Transport Monthly Pass (Regular Price)

$42.68 €37.96

$77.3 CA$109

-44.78%

Taxi Start (Normal Tariff)

$3.63 €3.23

$3.20 CA$4.53

13.44%

Taxi (Normal Tariff) (1km)

$1.19 €1.06

$1.48 CA$2.09

-19.59%

Taxi 1hour Waiting (Normal Tariff)

$31.18 €27.73

$32.88 CA$46.48

-5.17%

Gasoline (1 liter)

$2.19 €1.95

$1.34 CA$1.90

63.43%

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

$35.9K €32.0K

$28.2K CA$39.8K

27.69%

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

$34.6K €30.8K

$19.6K CA$27.8K

76.43%

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

$247 €220

$76.0 CA$107

225.79%

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

$11.81 €10.50

$33.95 CA$48.00

-65.21%

Internet (50+ Mbps, Unlimited Data)

$33.28 €29.60

$42.31 CA$59.8

-21.34%

Gym Membership (Monthly)

$63.5 €56.5

$29.76 CA$42.07

113.41%

Tennis Court (1 Hour on Weekend)

$21.46 €19.09

$20.28 CA$28.67

5.82%

Cinema Ticket

$12.64 €11.24

$11.15 CA$15.77

13.36%

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

$747 €665

$507 CA$717

47.33%

International Primary School, 1 Child (Yearly)

$16.4K €14.6K

$16.1K CA$22.7K

1.92%

Jeans (Levis 501 Or Similar)

$96.1 €85.4

$57.6 CA$81.4

66.92%

Summer Dress (H&M, Zara, etc)

$39.37 €35.02

$37.58 CA$53.1

4.76%

Sport Shoes (Adidas, Nike)

$109 €96.7

$91.9 CA$130

18.25%

Men's Leather Business Shoes

$145 €129

$110 CA$155

32.12%

1-bedroom Apartment, City Center (Monthly)

$1,588 €1,412

$1,260 CA$1,782

25.95%

1-bedroom Apartment, Outside City Center (Monthly)

$1,034 €920

$948 CA$1,340

9.15%

3-bedroom Apartment, City Center (Monthly)

$2,779 €2,472

$2,137 CA$3,021

30.05%

3-bedroom Apartment, Outside City Center (Monthly)

$1,842 €1,639

$1,614 CA$2,281

14.16%

Buy Apartment in City Center (m2)

$6,269 €5,576

$4,960 CA$7,011

26.39%

Buy Apartment Outside City Center (m2)

$3,905 €3,473

$3,838 CA$5,425

1.74%

Average Monthly Net Salary (After Tax)

$1,980 €1,761

$2,827 CA$3,997

-29.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.16

4.48

-29.46%

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

Last update for Florence: October 13, 2026

Last update for Montreal: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Florence

$1K 42.8%

Montreal

$948 47% 8.4% $87

Groceries & Markets

Florence

$410 17%

Montreal

$346 17.2% 15.5% $63

Eating Out

Florence

$355 14.7%

Montreal

$288 14.3% 18.9% $67

Monthly Utilities & Internet

Florence

$293 12.1%

Montreal

$152 7.5% 48% $140

Clothing & Footwear

Florence

$175 7.2%

Montreal

$133 6.6% 23.7% $42

Sport & Entertainment

Florence

$89 3.7%

Montreal

$52 2.6% 41.4% $37

Getting Around

Florence

$60 2.5%

Montreal

$99 4.9% 63.7% $38

Cost Breakdown

A central one-bedroom costs $1,588 in Florence versus $1,260 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 43% higher in Montreal, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $79.0 in Florence versus $70.0 in Montreal. Monthly groceries follow the same trend: $410 vs $346 – making Montreal the more affordable choice for daily food spending.

Good to know

🇮🇹 Florence

🇨🇦 Montreal

🕒 Local time

17:47 5:47 PM

11:47 11:47 AM

6 h behind Florence

🌤 Weather

👥 Population

382,808

1,762,949

💱 Currency

Euro EUR €

Canadian Dollar CAD $

📈 Exchange rate

1 EUR = 1.12 USD

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

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Between locations

Florence Montreal 6,380 km ≈ 8 h nonstop flight

From you

Florence
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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

Florence vs Montreal: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,416 in Florence, $2,018 in Montreal – roughly 20% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $3,623 per month in Florence and $3,027 in Montreal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Montreal, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,416 in Florence and $2,018 in Montreal. That's a gap of about 20%.

Public transport costs about 81% less in Montreal. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,018, than in Florence at $2,416. In Montreal it covers expenses comfortably, while in Florence it requires careful planning or may not stretch far enough.

It depends on your priorities. Montreal has an edge in some lifestyle areas, with costs from $2,018 in Montreal to $2,416 in Florence. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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