Cost of Living Comparison Between Hope and Montreal Cost of Living Comparison Between Hope and Montreal

Monthly Cost of Living

A single person spends $2,333 per month in Hope vs $2,085 in Montreal, rent included.

A couple spends around $3,388 per month in Hope vs $3,174 in Montreal, rent included.

A family of three spends $4,444 per month in Hope vs $4,262 in Montreal, rent included.

Hope costs about 12% more than Montreal, driven mainly by Clothing & Footwear.

Both Hope and Montreal sit above the global median – Hope by 75%, Montreal by 56%.

Meal at Budget Restaurant

$14.78 CA$20.79

$16.52 CA$23.24

-10.53%

Three-Course Dinner for Two, Mid-Range

$52.0 CA$73.2

$74.0 CA$104

-29.73%

Fast Food Meal (McDonalds, etc)

$9.06 CA$12.74

$10.94 CA$15.40

-17.18%

Cappuccino

$4.12 CA$5.80

$3.84 CA$5.41

7.29%

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

$1.46 CA$2.05

$2.14 CA$3.01

-31.78%

Water (0.33 liter bottle)

$1.34 CA$1.88

$1.45 CA$2.04

-7.59%

Local Beer (0.5 liter draught)

$4.85 CA$6.82

$6.13 CA$8.63

-20.88%

Imported Beer (0.33 liter bottle)

$5.45 CA$7.67

$6.73 CA$9.47

-19.02%

Milk (1 liter)

$2.23 CA$3.13

$2.35 CA$3.31

-5.11%

White Bread (500g)

$2.68 CA$3.77

$3.34 CA$4.69

-19.76%

Rice (white) (1kg)

$4.68 CA$6.58

$3.74 CA$5.27

25.13%

Eggs

$3.26 CA$4.59

$3.39 CA$4.77

-3.83%

Local Cheese (1kg)

$12.61 CA$17.74

$16.30 CA$22.93

-22.64%

Chicken Fillets (1kg)

$13.54 CA$19.05

$11.81 CA$16.62

14.65%

Beef Round Steak (1kg)

$20.42 CA$28.74

$15.64 CA$22.01

30.56%

Apples (1kg)

$4.39 CA$6.18

$3.69 CA$5.20

18.97%

Banana (1kg)

$1.68 CA$2.37

$1.70 CA$2.39

-1.18%

Oranges (1kg)

$4.47 CA$6.28

$4.11 CA$5.79

8.76%

Tomato (1kg)

$4.26 CA$6.00

$4.41 CA$6.20

-3.40%

Potato (1kg)

$2.92 CA$4.11

$2.79 CA$3.93

4.66%

Onion (1kg)

$4.04 CA$5.68

$2.64 CA$3.72

53.03%

Lettuce (1 head)

$2.89 CA$4.07

$2.29 CA$3.22

26.20%

Water (1.5 liter bottle)

$1.88 CA$2.64

$1.78 CA$2.51

5.62%

Cigarettes 20 Pack (Marlboro, Camel)

$14.89 CA$20.95

$13.17 CA$18.53

13.06%

Wine (Bottle)

$12.91 CA$18.17

$10.64 CA$14.97

21.33%

Local Beer (0.5 liter bottle)

$2.42 CA$3.41

$2.99 CA$4.20

-19.06%

Imported Beer (0.33 liter bottle)

$2.62 CA$3.69

$3.44 CA$4.83

-23.84%

One-way Ticket (Public Transport)

$2.41 CA$3.39

$2.81 CA$3.95

-14.23%

Public Transport Monthly Pass (Regular Price)

$63.8 CA$89.8

$72.8 CA$102

-12.36%

Taxi Start (Normal Tariff)

$3.30 CA$4.64

$3.52 CA$4.95

-6.25%

Taxi (Normal Tariff) (1km)

$1.93 CA$2.72

$1.45 CA$2.05

33.10%

Taxi 1hour Waiting (Normal Tariff)

$25.91 CA$36.46

$34.29 CA$48.26

-24.44%

Gasoline (1 liter)

$1.42 CA$1.99

$1.22 CA$1.72

16.39%

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

$25.2K CA$35.4K

$25.3K CA$35.5K

-0.25%

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

$20.1K CA$28.2K

$22.1K CA$31.1K

-9.31%

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

$133 CA$187

$76.5 CA$108

73.66%

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

$44.32 CA$62.4

$35.60 CA$50.1

24.49%

Internet (50+ Mbps, Unlimited Data)

$54.8 CA$77.0

$42.96 CA$60.5

27.44%

Gym Membership (Monthly)

$41.47 CA$58.4

$43.39 CA$61.1

-4.42%

Tennis Court (1 Hour on Weekend)

$16.83 CA$23.68

Cinema Ticket

$16.36 CA$23.02

$11.09 CA$15.60

47.52%

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

$710 CA$1,000

$625 CA$879

13.74%

International Primary School, 1 Child (Yearly)

$11.9K CA$16.8K

$5,896 CA$8,296

102.43%

Jeans (Levis 501 Or Similar)

$54.2 CA$76.3

$63.1 CA$88.8

-14.12%

Summer Dress (H&M, Zara, etc)

$47.56 CA$66.9

$44.50 CA$62.6

6.88%

Sport Shoes (Adidas, Nike)

$73.3 CA$103

$103 CA$145

-28.70%

Men's Leather Business Shoes

$73.1 CA$103

$118 CA$166

-38.17%

1-bedroom Apartment, City Center (Monthly)

$1,337 CA$1,882

$1,207 CA$1,699

10.80%

1-bedroom Apartment, Outside City Center (Monthly)

$1,177 CA$1,656

$965 CA$1,358

21.91%

3-bedroom Apartment, City Center (Monthly)

$2,031 CA$2,857

$2,031 CA$2,858

-0.03%

3-bedroom Apartment, Outside City Center (Monthly)

$1,816 CA$2,555

$1,577 CA$2,219

15.14%

Buy Apartment in City Center (m2)

$4,264 CA$6,000

$5,085 CA$7,155

-16.14%

Buy Apartment Outside City Center (m2)

$3,575 CA$5,030

$3,783 CA$5,324

-5.52%

Average Monthly Net Salary (After Tax)

$2,936 CA$4,131

$2,890 CA$4,066

1.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.8

5.01

15.77%

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

Last update for Hope: July 13, 2026

Last update for Montreal: July 11, 2026

Cost Breakdown

A central one-bedroom costs $1,337 in Hope versus $1,207 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 2% higher in Hope, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $52.0 in Hope versus $74.0 in Montreal. Groceries tell a different story – $413 in Hope vs $395 in Montreal – so Montreal 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

Hope vs Montreal: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,333 in Hope, $2,085 in Montreal – roughly 12% apart. Hope costs more across the board, with Clothing & Footwear showing the biggest gap.

For a comfortable life, plan on about $3,499 per month in Hope and $3,127 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 $52.0 in Hope and $74.0 in Montreal. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,333 in Hope and $2,085 in Montreal. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,085, than in Hope at $2,333. In Montreal it covers expenses comfortably, while in Hope 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 $2,085 in Montreal to $2,333 in Hope. 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 makes more sense. Both are solid long-term options with distinct trade-offs.