Last update: Oct 2026

Cost of Living Comparison Between Hope and Montreal

For one person, living is cheaper in Montreal: $2,064 a month against $2,303 in Hope, rent and utilities included – about $2,900 less a year. Rent and utilities account for most of the difference.

110

Cost of Living Index in Hope
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Hope Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Hope

🇨🇦 Canada

$2,303

/mo nomad

Montreal

🇨🇦 Canada

$2,064

/mo nomad

Monthly Cost of Living

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

A single person spends $2,303 per month in Hope vs $2,064 in Montreal, rent included.

Hope $2,303
Montreal $2,064

A couple spends around $3,286 per month in Hope vs $3,156 in Montreal, rent included.

Hope $3,286
Montreal $3,156

A family of three spends $4,269 per month in Hope vs $4,247 in Montreal, rent included.

Hope $4,269
Montreal $4,247

Hope costs about 12% more than Montreal, and outside of rent the biggest gap is in groceries.

Both Hope and Montreal sit above the global median – Hope by 69%, Montreal by 52%.

Meal at Budget Restaurant

$14.17 CA$19.81

$18.98 CA$26.55

-25.34%

Three-Course Dinner for Two, Mid-Range

$50.7 CA$70.9

$73.0 CA$102

-30.53%

Fast Food Meal (McDonalds, etc)

$9.19 CA$12.85

$10.88 CA$15.21

-15.53%

Cappuccino

$4.49 CA$6.28

$3.81 CA$5.33

17.85%

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

$1.41 CA$1.97

$1.94 CA$2.71

-27.32%

Water (0.33 liter bottle)

$1.73 CA$2.42

$1.58 CA$2.21

9.49%

Local Beer (0.5 liter draught)

$4.58 CA$6.40

$6.37 CA$8.91

-28.10%

Imported Beer (0.33 liter bottle)

$5.86 CA$8.20

$7.26 CA$10.16

-19.28%

Milk (1 liter)

$2.43 CA$3.40

$2.23 CA$3.11

8.97%

White Bread (500g)

$2.83 CA$3.96

$3.17 CA$4.44

-10.73%

Rice (white) (1kg)

$3.59 CA$5.02

$3.31 CA$4.62

8.46%

Eggs

$3.16 CA$4.42

$3.63 CA$5.08

-12.95%

Local Cheese (1kg)

$13.88 CA$19.41

$13.16 CA$18.40

5.47%

Chicken Fillets (1kg)

$14.13 CA$19.75

$11.56 CA$16.16

22.23%

Beef Round Steak (1kg)

$25.03 CA$35.00

$13.71 CA$19.18

82.57%

Apples (1kg)

$4.56 CA$6.38

$3.29 CA$4.60

38.60%

Banana (1kg)

$1.32 CA$1.85

$1.46 CA$2.04

-9.59%

Oranges (1kg)

$4.47 CA$6.25

$3.37 CA$4.71

32.64%

Tomato (1kg)

$4.72 CA$6.60

$3.15 CA$4.40

49.84%

Potato (1kg)

$2.91 CA$4.08

$1.89 CA$2.64

53.97%

Onion (1kg)

$3.71 CA$5.19

$1.79 CA$2.51

107.26%

Lettuce (1 head)

$2.71 CA$3.79

$2.47 CA$3.46

9.72%

Water (1.5 liter bottle)

$2.08 CA$2.90

$1.58 CA$2.21

31.65%

Cigarettes 20 Pack (Marlboro, Camel)

$14.09 CA$19.70

$11.28 CA$15.78

24.91%

Wine (Bottle)

$13.63 CA$19.06

$10.49 CA$14.68

29.93%

Local Beer (0.5 liter bottle)

$2.12 CA$2.96

$2.34 CA$3.27

-9.40%

Imported Beer (0.33 liter bottle)

$2.34 CA$3.27

$2.91 CA$4.07

-19.59%

One-way Ticket (Public Transport)

$2.16 CA$3.02

$2.61 CA$3.65

-17.24%

Public Transport Monthly Pass (Regular Price)

$61.7 CA$86.3

$79.1 CA$111

-22.00%

Taxi Start (Normal Tariff)

$2.92 CA$4.09

$3.26 CA$4.56

-10.43%

Taxi (Normal Tariff) (1km)

$1.45 CA$2.03

$1.44 CA$2.01

0.69%

Taxi 1hour Waiting (Normal Tariff)

$26.66 CA$37.28

$33.43 CA$46.75

-20.25%

Gasoline (1 liter)

$1.32 CA$1.84

$1.33 CA$1.86

-0.75%

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

$27.7K CA$38.8K

$28.6K CA$40.0K

-3.12%

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

$21.2K CA$29.6K

$21.1K CA$29.5K

0.44%

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

$123 CA$171

$80.1 CA$112

53.14%

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

$45.13 CA$63.1

$34.30 CA$47.97

31.57%

Internet (50+ Mbps, Unlimited Data)

$53.0 CA$74.1

$42.85 CA$59.9

23.71%

Gym Membership (Monthly)

$38.82 CA$54.3

$31.14 CA$43.55

24.66%

Tennis Court (1 Hour on Weekend)

$17.90 CA$25.04

$19.41 CA$27.14

-7.78%

Cinema Ticket

$14.42 CA$20.16

$11.23 CA$15.70

28.41%

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

$649 CA$908

$525 CA$734

23.69%

International Primary School, 1 Child (Yearly)

$15.0K CA$20.9K

$16.3K CA$22.8K

-8.30%

Jeans (Levis 501 Or Similar)

$54.3 CA$75.9

$58.0 CA$81.1

-6.45%

Summer Dress (H&M, Zara, etc)

$46.66 CA$65.3

$38.11 CA$53.3

22.44%

Sport Shoes (Adidas, Nike)

$72.1 CA$101

$93.4 CA$131

-22.78%

Men's Leather Business Shoes

$72.4 CA$101

$110 CA$154

-34.31%

1-bedroom Apartment, City Center (Monthly)

$1,311 CA$1,833

$1,285 CA$1,797

2.00%

1-bedroom Apartment, Outside City Center (Monthly)

$1,148 CA$1,605

$977 CA$1,366

17.53%

3-bedroom Apartment, City Center (Monthly)

$1,996 CA$2,791

$2,271 CA$3,175

-12.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,362

$1,665 CA$2,328

1.46%

Buy Apartment in City Center (m2)

$4,374 CA$6,117

$5,139 CA$7,186

-14.89%

Buy Apartment Outside City Center (m2)

$3,550 CA$4,964

$3,834 CA$5,362

-7.43%

Average Monthly Net Salary (After Tax)

$2,977 CA$4,164

$3,002 CA$4,198

-0.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.76

4.48

6.25%

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

Last update for Hope: October 24, 2026

Last update for Montreal: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Hope

$1.1K 49.8%

Montreal

$977 47.3% 14.9% $171

Groceries & Markets

Hope

$434 18.8%

Montreal

$351 17% 19% $83

Eating Out

Hope

$242 10.5%

Montreal

$291 14.1% 20.1% $49

Monthly Utilities & Internet

Hope

$221 9.6%

Montreal

$157 7.6% 28.8% $64

Clothing & Footwear

Hope

$110 4.8%

Montreal

$135 6.5% 22.1% $24

Getting Around

Hope

$81 3.5%

Montreal

$100 4.9% 24.2% $20

Sport & Entertainment

Hope

$68 2.9%

Montreal

$54 2.6% 20.8% $14

Cost Breakdown

A central one-bedroom costs $1,311 in Hope versus $1,285 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 $51 in Hope versus $73 in Montreal. Groceries tell a different story – $434 in Hope vs $351 in Montreal – so Montreal wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Hope

🇨🇦 Montreal

🕒 Local time

20:44 8:44 PM

22:44 10:44 PM

2 h ahead of Hope

🌤 Weather

👥 Population

6,200

1,762,949

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.715 USD

1 CAD = 0.638 EUR

1 CAD = 0.715 USD

1 CAD = 0.638 EUR

Exchange rates and currency converter

On the map

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Between locations

Hope Montreal 3,560 km ≈ 5 h nonstop flight

From you

Hope
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 vs Montreal: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,303 in Hope, $2,064 in Montreal – Montreal comes out roughly 10% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,454 per month in Hope and $3,096 in Montreal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,311 in Hope and $1,285 in Montreal. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

A mid-range dinner for two costs $51 in Hope and $73 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 $2,303 in Hope and $2,064 in Montreal. That makes Montreal about 10% cheaper.

$2,000 is a stretch for both – monthly costs hit $2,303 in Hope and $2,064 in Montreal. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Montreal has an edge in some lifestyle areas, with costs from $2,064 in Montreal to $2,303 in Hope. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.