Last update: Oct 2026

Cost of Living Comparison Between Hope, AR and Montreal

For one person, living is cheaper in Montreal: $2,059 a month against $2,532 in Hope, AR, rent and utilities included – about $5,700 less a year. Rent and utilities account for most of the difference.

121

Cost of Living Index in Hope, AR
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Hope, AR Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Hope, AR

🇺🇸 United States

$2,532

/mo nomad

Montreal

🇨🇦 Canada

$2,059

/mo nomad

Monthly Cost of Living

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

A single person spends $2,532 per month in Hope, AR vs $2,059 in Montreal, rent included.

Hope, AR $2,532
Montreal $2,059

A couple spends around $3,665 per month in Hope, AR vs $3,123 in Montreal, rent included.

Hope, AR $3,665
Montreal $3,123

A family of three spends $4,799 per month in Hope, AR vs $4,187 in Montreal, rent included.

Hope, AR $4,799
Montreal $4,187

Hope, AR costs about 23% more than Montreal, and outside of rent the biggest gap is in transport.

Both Hope, AR and Montreal sit above the global median – Hope, AR by 87%, Montreal by 52%.

Meal at Budget Restaurant

$19.72 $19.72

$18.84 CA$26.63

4.67%

Three-Course Dinner for Two, Mid-Range

$77.3 $77.3

$73.2 CA$104

5.52%

Fast Food Meal (McDonalds, etc)

$10.02 $10.02

$10.54 CA$14.90

-4.93%

Cappuccino

$5.67 $5.67

$3.97 CA$5.61

42.82%

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

$2.30 $2.30

$1.94 CA$2.74

18.56%

Water (0.33 liter bottle)

$2.02 $2.02

$1.57 CA$2.22

28.66%

Local Beer (0.5 liter draught)

$6.84 $6.84

$6.42 CA$9.08

6.54%

Imported Beer (0.33 liter bottle)

$7.50 $7.50

$7.20 CA$10.19

4.17%

Milk (1 liter)

$1.00 $1.00

$2.32 CA$3.28

-56.90%

White Bread (500g)

$3.25 $3.25

$3.19 CA$4.51

1.88%

Rice (white) (1kg)

$3.95 $3.95

$3.19 CA$4.50

23.82%

Eggs

$3.35 $3.35

$3.68 CA$5.20

-8.97%

Local Cheese (1kg)

$5.89 $5.89

$13.24 CA$18.72

-55.51%

Chicken Fillets (1kg)

$11.87 $11.87

$11.69 CA$16.53

1.54%

Beef Round Steak (1kg)

$19.32 $19.32

$13.98 CA$19.76

38.20%

Apples (1kg)

$4.73 $4.73

$3.14 CA$4.44

50.64%

Banana (1kg)

$1.56 $1.56

$1.45 CA$2.05

7.59%

Oranges (1kg)

$2.65 $2.65

$3.38 CA$4.78

-21.60%

Tomato (1kg)

$3.05 $3.05

$3.11 CA$4.40

-1.93%

Potato (1kg)

$2.79 $2.79

$1.93 CA$2.72

44.56%

Onion (1kg)

$2.63 $2.63

$1.83 CA$2.58

43.72%

Lettuce (1 head)

$1.97 $1.97

$2.36 CA$3.34

-16.53%

Water (1.5 liter bottle)

$2.87 $2.87

$1.50 CA$2.12

91.33%

Cigarettes 20 Pack (Marlboro, Camel)

$10.11 $10.11

$11.12 CA$15.73

-9.08%

Wine (Bottle)

$19.83 $19.83

$10.60 CA$14.98

87.08%

Local Beer (0.5 liter bottle)

$1.71 $1.71

$2.22 CA$3.14

-22.97%

Imported Beer (0.33 liter bottle)

$3.37 $3.37

$2.84 CA$4.01

18.66%

One-way Ticket (Public Transport)

$1.72 $1.72

$2.62 CA$3.71

-34.35%

Public Transport Monthly Pass (Regular Price)

$79.1 CA$112

Taxi Start (Normal Tariff)

$2.93 $2.93

$3.23 CA$4.56

-9.29%

Taxi (Normal Tariff) (1km)

$1.89 $1.89

$1.48 CA$2.10

27.70%

Taxi 1hour Waiting (Normal Tariff)

$33.17 $33.17

$32.22 CA$45.55

2.95%

Gasoline (1 liter)

$0.91 $0.91

$1.36 CA$1.92

-33.09%

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

$27.2K $27.2K

$27.6K CA$39.1K

-1.61%

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

$26.4K $26.4K

$21.2K CA$30.0K

24.52%

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

$202 $202

$77.0 CA$109

161.66%

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

$46.34 $46.34

$34.14 CA$48.26

35.74%

Internet (50+ Mbps, Unlimited Data)

$55.0 $55.0

$42.19 CA$59.7

30.34%

Gym Membership (Monthly)

$41.87 $41.87

$30.81 CA$43.56

35.90%

Tennis Court (1 Hour on Weekend)

$19.66 CA$27.79

Cinema Ticket

$15.08 $15.08

$11.47 CA$16.22

31.47%

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

$1,336 $1,336

$506 CA$716

163.97%

International Primary School, 1 Child (Yearly)

$23.4K $23.4K

$16.2K CA$23.0K

44.28%

Jeans (Levis 501 Or Similar)

$59.3 $59.3

$57.3 CA$81.0

3.55%

Summer Dress (H&M, Zara, etc)

$38.69 $38.69

$38.10 CA$53.9

1.55%

Sport Shoes (Adidas, Nike)

$87.8 $87.8

$91.9 CA$130

-4.50%

Men's Leather Business Shoes

$68.8 $68.8

$110 CA$155

-37.28%

1-bedroom Apartment, City Center (Monthly)

$1,618 $1,618

$1,237 CA$1,748

30.87%

1-bedroom Apartment, Outside City Center (Monthly)

$1,324 $1,324

$977 CA$1,381

35.60%

3-bedroom Apartment, City Center (Monthly)

$2,464 $2,464

$2,180 CA$3,082

13.01%

3-bedroom Apartment, Outside City Center (Monthly)

$2,120 $2,120

$1,608 CA$2,273

31.87%

Buy Apartment in City Center (m2)

$2,969 $2,969

$5,113 CA$7,228

-41.93%

Buy Apartment Outside City Center (m2)

$2,245 $2,245

$3,744 CA$5,293

-40.04%

Average Monthly Net Salary (After Tax)

$2,957 CA$4,180

20-Year Fixed Mortgage Interest Rate (Annual %)

6.51

4.48

45.31%

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

Last update for Hope, AR: October 20, 2026

Last update for Montreal: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Hope, AR

$1.3K 52.3%

Montreal

$977 47.4% 26.3% $348

Groceries & Markets

Hope, AR

$377 14.9%

Montreal

$351 17.1% 6.8% $25

Eating Out

Hope, AR

$322 12.7%

Montreal

$290 14.1% 9.9% $32

Monthly Utilities & Internet

Hope, AR

$303 12%

Montreal

$153 7.5% 49.4% $150

Clothing & Footwear

Hope, AR

$115 4.5%

Montreal

$134 6.5% 16.7% $19

Sport & Entertainment

Hope, AR

$72 2.8%

Montreal

$54 2.6% 25.4% $18

Getting Around

Hope, AR

$19 * 0.8%

Montreal

$100 4.9% 421% $81

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,618 in Hope, AR versus $1,237 in Montreal. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $77.0 in Hope, AR versus $73.0 in Montreal. Monthly groceries follow the same trend: $377 vs $351 – making Montreal the more affordable choice for daily food spending.

Good to know

🇺🇸 Hope, AR

🇨🇦 Montreal

🕒 Local time

21:44 9:44 PM

22:44 10:44 PM

1 h ahead of Hope, AR

🌤 Weather

👥 Population

9,000

1,762,949

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.89 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 21, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 21, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

CAD to USD in detail →

On the map

Lowest

Highest

Between locations

Hope, AR Montreal 2,150 km ≈ 3 h 15 min nonstop flight

From you

Hope, AR
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

Hope, AR vs Montreal: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,532 in Hope, AR, $2,059 in Montreal – roughly 23% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,798 per month in Hope, AR and $3,089 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.

A mid-range dinner for two costs $77.0 in Hope, AR and $73.0 in Montreal. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 7% more in Hope, AR, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,059, than in Hope, AR at $2,532. In Montreal it covers expenses comfortably, while in Hope, AR 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 $2,059 in Montreal to $2,532 in Hope, AR. 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, Hope, AR makes more sense. Both are solid long-term options with distinct trade-offs.