Last update: Nov 2026

Cost of Living Comparison Between Georgetown, Guyana and Montreal

For one person, living is cheaper in Georgetown: $1,635 a month against $2,067 in Montreal, rent and utilities included – about $5,200 less a year. Rent and utilities account for most of the difference.

78

Cost of Living Index in Georgetown
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Georgetown Living Index
100

Cost of Living Index in Montreal
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Montreal Living Index

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Georgetown

🇬🇾 Guyana

$1,635

/mo nomad

Montreal

🇨🇦 Canada

$2,067

/mo nomad

Monthly Cost of Living

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

A single person spends $1,635 per month in Georgetown vs $2,067 in Montreal, rent included.

Georgetown $1,635
Montreal $2,067

A couple spends around $2,774 per month in Georgetown vs $3,179 in Montreal, rent included.

Georgetown $2,774
Montreal $3,179

A family of three spends $3,913 per month in Georgetown vs $4,291 in Montreal, rent included.

Georgetown $3,913
Montreal $4,291

Georgetown is about 21% cheaper than Montreal, and outside of rent the biggest gap is in eating out.

Both Georgetown and Montreal sit above the global median – Georgetown by 21%, Montreal by 53%.

Meal at Budget Restaurant

$17.62 GYD 3,677

$18.89 CA$26.57

-6.72%

Three-Course Dinner for Two, Mid-Range

$70.6 GYD 14.7K

$72.6 CA$102

-2.76%

Fast Food Meal (McDonalds, etc)

$9.27 GYD 1,934

$10.79 CA$15.18

-14.09%

Cappuccino

$5.86 GYD 1,223

$3.98 CA$5.60

47.24%

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

$1.28 GYD 267

$2.02 CA$2.84

-36.63%

Water (0.33 liter bottle)

$0.65 GYD 135

$1.63 CA$2.29

-60.12%

Local Beer (0.5 liter draught)

$1.87 GYD 390

$6.32 CA$8.89

-70.41%

Imported Beer (0.33 liter bottle)

$3.33 GYD 695

$7.06 CA$9.93

-52.83%

Milk (1 liter)

$3.64 GYD 759

$2.33 CA$3.28

56.22%

White Bread (500g)

$2.03 GYD 424

$3.25 CA$4.57

-37.54%

Rice (white) (1kg)

$1.99 GYD 415

$3.26 CA$4.59

-38.96%

Eggs

$3.93 GYD 821

$3.48 CA$4.89

12.93%

Local Cheese (1kg)

$16.89 GYD 3,525

$13.73 CA$19.31

23.02%

Chicken Fillets (1kg)

$7.21 GYD 1,504

$11.48 CA$16.14

-37.20%

Beef Round Steak (1kg)

$9.28 GYD 1,937

$14.26 CA$20.05

-34.92%

Apples (1kg)

$8.16 GYD 1,702

$3.52 CA$4.95

131.82%

Banana (1kg)

$4.00 GYD 834

$1.46 CA$2.05

173.97%

Oranges (1kg)

$4.15 GYD 867

$3.41 CA$4.80

21.70%

Tomato (1kg)

$6.91 GYD 1,443

$3.20 CA$4.50

115.94%

Potato (1kg)

$2.41 GYD 503

$1.94 CA$2.72

24.23%

Onion (1kg)

$3.09 GYD 644

$1.78 CA$2.50

73.60%

Lettuce (1 head)

$3.13 GYD 653

$2.52 CA$3.54

24.21%

Water (1.5 liter bottle)

$1.68 GYD 351

$1.58 CA$2.22

6.33%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 GYD 687

$11.51 CA$16.18

-71.42%

Wine (Bottle)

$16.65 GYD 3,474

$10.57 CA$14.87

57.52%

Local Beer (0.5 liter bottle)

$1.84 GYD 384

$2.35 CA$3.30

-21.70%

Imported Beer (0.33 liter bottle)

$2.53 GYD 528

$2.90 CA$4.07

-12.76%

One-way Ticket (Public Transport)

$0.58 GYD 122

$2.61 CA$3.68

-77.78%

Public Transport Monthly Pass (Regular Price)

$60.6 GYD 12.7K

$78.5 CA$110

-22.70%

Taxi Start (Normal Tariff)

$4.36 GYD 909

$3.17 CA$4.46

37.54%

Taxi (Normal Tariff) (1km)

$2.32 GYD 484

$1.49 CA$2.10

55.70%

Taxi 1hour Waiting (Normal Tariff)

$11.73 GYD 2,449

$33.49 CA$47.10

-64.97%

Gasoline (1 liter)

$1.09 GYD 227

$1.36 CA$1.92

-19.85%

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

$26.7K GYD 5.6M

$28.0K CA$39.4K

-4.69%

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

$22.6K GYD 4.7M

$21.1K CA$29.7K

6.84%

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

$120 GYD 25.1K

$77.6 CA$109

55.07%

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

$21.14 GYD 4,413

$35.63 CA$50.1

-40.67%

Internet (50+ Mbps, Unlimited Data)

$43.76 GYD 9,131

$43.73 CA$61.5

0.07%

Gym Membership (Monthly)

$37.80 GYD 7,888

$30.07 CA$42.29

25.71%

Tennis Court (1 Hour on Weekend)

$15.24 GYD 3,180

$19.97 CA$28.08

-23.69%

Cinema Ticket

$6.49 GYD 1,354

$11.27 CA$15.85

-42.41%

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

$1,020 GYD 213.0K

$522 CA$734

95.49%

International Primary School, 1 Child (Yearly)

$13.6K GYD 2.8M

$17.8K CA$25.0K

-23.47%

Jeans (Levis 501 Or Similar)

$38.47 GYD 8,029

$59.0 CA$82.9

-34.76%

Summer Dress (H&M, Zara, etc)

$41.04 GYD 8,564

$39.01 CA$54.9

5.20%

Sport Shoes (Adidas, Nike)

$135 GYD 28.2K

$99.8 CA$140

35.60%

Men's Leather Business Shoes

$83.1 GYD 17.3K

$110 CA$154

-24.22%

1-bedroom Apartment, City Center (Monthly)

$954 GYD 199.1K

$1,298 CA$1,826

-26.54%

1-bedroom Apartment, Outside City Center (Monthly)

$518 GYD 108.2K

$970 CA$1,365

-46.58%

3-bedroom Apartment, City Center (Monthly)

$3,249 GYD 678.1K

$2,323 CA$3,267

39.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,298 GYD 270.8K

$1,689 CA$2,376

-23.18%

Buy Apartment in City Center (m2)

$3,604 GYD 752.2K

$5,004 CA$7,037

-27.96%

Buy Apartment Outside City Center (m2)

$1,586 GYD 331.1K

$3,736 CA$5,255

-57.54%

Average Monthly Net Salary (After Tax)

$506 GYD 105.6K

$2,943 CA$4,139

-82.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.94

4.51

53.88%

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

Last update for Georgetown: November 2, 2026

Last update for Montreal: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Georgetown

$518 31.7%

Montreal

$970 47% 87.2% $452

Groceries & Markets

Georgetown

$405 24.8%

Montreal

$357 17.3% 11.7% $47

Eating Out

Georgetown

$263 16.1%

Montreal

$292 14.1% 11% $29

Monthly Utilities & Internet

Georgetown

$185 11.3%

Montreal

$157 7.6% 15.3% $28

Clothing & Footwear

Georgetown

$134 8.2%

Montreal

$138 6.7% 3.2% $4.3

Getting Around

Georgetown

$79 4.8%

Montreal

$100 4.8% 26.1% $21

Sport & Entertainment

Georgetown

$51 3.1%

Montreal

$53 2.6% 3.6% $1.8

Cost Breakdown

A central one-bedroom costs $954 in Georgetown versus $1,298 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 in Montreal are about 5.8 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $71 in Georgetown versus $73 in Montreal. Groceries tell a different story – $405 in Georgetown vs $357 in Montreal – so Montreal wins on supermarket bills even if dining out costs more.

Good to know

🇬🇾 Georgetown

🇨🇦 Montreal

🕒 Local time

17:28 5:28 PM

16:28 4:28 PM

1 h behind Georgetown

🌤 Weather

👥 Population

310,320 Capital

1,762,949

💱 Currency

Guyanese Dollar GYD $

Canadian Dollar CAD $

📈 Exchange rate

1,000 GYD = 4.79 USD

1,000 GYD = 4.29 EUR

1 CAD = 0.711 USD

1 CAD = 0.636 EUR

Exchange rates and currency converter

CAD, USD, EUR to GYD – Guyanese Dollar Converter

🇺🇸 United States Dollar ($)

🇬🇾 Guyanese Dollar ($)

Guyanese Dollar exchange rates as of November 6, 2026: 1 USD = 209 GYD (1,000 GYD = 4.79 USD). 1 EUR = 233 GYD (1,000 GYD = 4.29 EUR).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.57 CAD (1 CAD = 0.636 EUR).

USD to GYD in detail →

On the map

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Highest

Between locations

Georgetown Montreal 4,550 km ≈ 6 h nonstop flight

From you

Georgetown
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

Georgetown vs Montreal: Cost of Living - Frequently Asked Questions

Montreal costs about 26% more than Georgetown, and outside of rent the gap comes mainly from eating out. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,452 per month in Georgetown and $3,100 in Montreal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Georgetown, especially for central apartments: a one-bedroom in the center costs $954 there versus $1,298 in Montreal.

Public transport costs about 23% less in Georgetown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,020 per month in Georgetown and $522 in Montreal. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Georgetown, where all-in costs run around $1,635, than in Montreal at $2,067. In Georgetown it covers expenses comfortably, while in Montreal 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 $1,635 in Georgetown to $2,067 in Montreal. Climate, culture, job market, and personal taste all factor in.

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