Cost of Living Comparison Between Florence and Montreal Cost of Living Comparison Between Florence and Montreal

Monthly Cost of Living

A single person spends $2,128 per month in Florence vs $2,063 in Montreal, rent included.

A couple spends around $3,310 per month in Florence vs $3,159 in Montreal, rent included.

A family of three spends $4,493 per month in Florence vs $4,255 in Montreal, rent included.

Florence costs about 3% more than Montreal, driven mainly by Eating Out.

Both Florence and Montreal sit above the global median – Florence by 59%, Montreal by 54%.

Meal at Budget Restaurant

$22.77 €19.59

$15.92 CA$22.05

43.03%

Three-Course Dinner for Two, Mid-Range

$92.9 €79.9

$73.1 CA$101

27.16%

Fast Food Meal (McDonalds, etc)

$11.73 €10.09

$11.15 CA$15.43

5.20%

Cappuccino

$1.93 €1.66

$3.80 CA$5.26

-49.21%

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

$3.34 €2.87

$2.18 CA$3.01

53.21%

Water (0.33 liter bottle)

$1.62 €1.39

$1.46 CA$2.02

10.96%

Local Beer (0.5 liter draught)

$7.06 €6.07

$6.12 CA$8.48

15.36%

Imported Beer (0.33 liter bottle)

$7.10 €6.11

$6.78 CA$9.38

4.72%

Milk (1 liter)

$1.63 €1.40

$2.33 CA$3.22

-30.04%

White Bread (500g)

$2.30 €1.98

$3.39 CA$4.69

-32.15%

Rice (white) (1kg)

$4.29 €3.69

$3.73 CA$5.16

15.01%

Eggs

$4.36 €3.75

$3.38 CA$4.68

28.99%

Local Cheese (1kg)

$20.70 €17.81

$16.25 CA$22.50

27.38%

Chicken Fillets (1kg)

$11.17 €9.61

$11.54 CA$15.98

-3.21%

Beef Round Steak (1kg)

$20.76 €17.85

$15.24 CA$21.10

36.22%

Apples (1kg)

$2.77 €2.38

$3.74 CA$5.18

-25.94%

Banana (1kg)

$1.85 €1.59

$1.70 CA$2.36

8.82%

Oranges (1kg)

$2.88 €2.48

$4.11 CA$5.68

-29.93%

Tomato (1kg)

$3.57 €3.07

$4.35 CA$6.02

-17.93%

Potato (1kg)

$1.63 €1.40

$2.71 CA$3.75

-39.85%

Onion (1kg)

$1.72 €1.48

$2.62 CA$3.62

-34.35%

Lettuce (1 head)

$1.68 €1.44

$2.25 CA$3.12

-25.33%

Water (1.5 liter bottle)

$0.55 €0.48

$1.73 CA$2.39

-68.21%

Cigarettes 20 Pack (Marlboro, Camel)

$7.03 €6.05

$13.31 CA$18.43

-47.18%

Wine (Bottle)

$8.25 €7.09

$10.78 CA$14.93

-23.47%

Local Beer (0.5 liter bottle)

$1.66 €1.43

$3.01 CA$4.17

-44.85%

Imported Beer (0.33 liter bottle)

$2.45 €2.11

$3.46 CA$4.80

-29.19%

One-way Ticket (Public Transport)

$2.02 €1.74

$2.74 CA$3.79

-26.28%

Public Transport Monthly Pass (Regular Price)

$43.22 €37.18

$72.7 CA$101

-40.53%

Taxi Start (Normal Tariff)

$5.93 €5.10

$3.63 CA$5.03

63.36%

Taxi (Normal Tariff) (1km)

$1.77 €1.53

$1.46 CA$2.02

21.23%

Taxi 1hour Waiting (Normal Tariff)

$36.47 €31.38

$33.44 CA$46.30

9.06%

Gasoline (1 liter)

$2.12 €1.82

$1.21 CA$1.68

75.21%

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

$33.0K €28.4K

$24.6K CA$34.1K

34.09%

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

$31.5K €27.1K

$21.7K CA$30.0K

45.30%

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

$206 €177

$76.0 CA$105

170.44%

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

$13.67 €11.76

$35.72 CA$49.46

-61.73%

Internet (50+ Mbps, Unlimited Data)

$34.98 €30.09

$42.86 CA$59.4

-18.39%

Gym Membership (Monthly)

$85.5 €73.6

$42.92 CA$59.4

99.23%

Tennis Court (1 Hour on Weekend)

$23.85 €20.51

$17.23 CA$23.86

38.42%

Cinema Ticket

$11.79 €10.14

$11.09 CA$15.35

6.31%

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

$765 €658

$620 CA$858

23.47%

International Primary School, 1 Child (Yearly)

$19.6K €16.9K

$5,834 CA$8,078

236.73%

Jeans (Levis 501 Or Similar)

$88.3 €75.9

$62.7 CA$86.8

40.86%

Summer Dress (H&M, Zara, etc)

$31.84 €27.39

$44.41 CA$61.5

-28.30%

Sport Shoes (Adidas, Nike)

$85.1 €73.2

$101 CA$139

-15.50%

Men's Leather Business Shoes

$147 €127

$119 CA$165

23.74%

1-bedroom Apartment, City Center (Monthly)

$1,117 €960

$1,211 CA$1,677

-7.81%

1-bedroom Apartment, Outside City Center (Monthly)

$883 €759

$960 CA$1,329

-8.02%

3-bedroom Apartment, City Center (Monthly)

$2,272 €1,954

$2,035 CA$2,818

11.62%

3-bedroom Apartment, Outside City Center (Monthly)

$1,528 €1,315

$1,589 CA$2,201

-3.83%

Buy Apartment in City Center (m2)

$6,579 €5,659

$5,181 CA$7,173

26.99%

Buy Apartment Outside City Center (m2)

$4,016 €3,455

$3,934 CA$5,446

2.11%

Average Monthly Net Salary (After Tax)

$2,061 €1,773

$2,960 CA$4,098

-30.35%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.96

5.01

-20.96%

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

Last update for Florence: June 1, 2026

Last update for Montreal: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,117 in Florence versus $1,211 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 44% 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 $93.0 in Florence versus $73.0 in Montreal. Groceries tell a different story – $360 in Florence vs $392 in Montreal – so Florence wins on supermarket bills even if dining out costs more.

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: $2,128 in Florence, $2,063 in Montreal – roughly 3% apart. Florence costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $3,191 per month in Florence and $3,094 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 $2,128 in Florence and $2,063 in Montreal. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 68% 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 $2,063, than in Florence at $2,128. 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 $2,063 in Montreal to $2,128 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.