Last update: Oct 2026

Cost of Living Comparison Between Iquique and Montreal

For one person, living is cheaper in Iquique: $999 a month against $2,018 in Montreal, rent and utilities included – about $12,200 less a year. Rent and utilities account for about half of the difference.

49

Cost of Living Index in Iquique
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Iquique Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Iquique

🇨🇱 Chile

$999

/mo nomad

Montreal

🇨🇦 Canada

$2,018

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $999 in Iquique versus $2,018 in Montreal.

Iquique $999
Montreal $2,018

Estimated couple costs with rent: $1,590 in Iquique versus $3,085 in Montreal.

Iquique $1,590
Montreal $3,085

Monthly costs for a family of three with rent: $2,180 in Iquique versus $4,152 in Montreal.

Iquique $2,180
Montreal $4,152

Living in Iquique costs roughly 51% less than in Montreal, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Iquique is 26% below, Montreal is 49% above.

Meal at Budget Restaurant

$7.48 CLP 7,359

$18.82 CA$26.61

-60.26%

Three-Course Dinner for Two, Mid-Range

$40.30 CLP 39.7K

$70.3 CA$99.4

-42.67%

Fast Food Meal (McDonalds, etc)

$7.04 CLP 6,934

$10.66 CA$15.06

-33.96%

Cappuccino

$3.44 CLP 3,384

$3.84 CA$5.43

-10.42%

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

$1.23 CLP 1,210

$1.92 CA$2.71

-35.94%

Water (0.33 liter bottle)

$0.95 CLP 937

$1.54 CA$2.18

-38.31%

Local Beer (0.5 liter draught)

$3.27 CLP 3,222

$6.23 CA$8.81

-47.51%

Imported Beer (0.33 liter bottle)

$3.61 CLP 3,552

$7.10 CA$10.03

-49.15%

Milk (1 liter)

$1.09 CLP 1,077

$2.31 CA$3.27

-52.81%

White Bread (500g)

$1.13 CLP 1,111

$3.14 CA$4.44

-64.01%

Rice (white) (1kg)

$1.31 CLP 1,285

$3.21 CA$4.54

-59.19%

Eggs

$3.02 CLP 2,972

$3.52 CA$4.97

-14.20%

Local Cheese (1kg)

$10.12 CLP 9,962

$12.81 CA$18.11

-21.00%

Chicken Fillets (1kg)

$10.05 CLP 9,896

$11.46 CA$16.20

-12.30%

Beef Round Steak (1kg)

$13.39 CA$18.92

Apples (1kg)

$2.31 CLP 2,273

$3.14 CA$4.43

-26.43%

Banana (1kg)

$2.15 CLP 2,121

$1.44 CA$2.03

49.31%

Oranges (1kg)

$1.51 CLP 1,484

$3.47 CA$4.91

-56.48%

Tomato (1kg)

$1.06 CLP 1,040

$3.07 CA$4.34

-65.47%

Potato (1kg)

$0.73 CLP 722

$1.90 CA$2.69

-61.58%

Onion (1kg)

$0.64 CLP 628

$1.77 CA$2.50

-63.84%

Lettuce (1 head)

$1.00 CLP 981

$2.34 CA$3.31

-57.26%

Water (1.5 liter bottle)

$1.35 CLP 1,326

$1.55 CA$2.19

-12.90%

Cigarettes 20 Pack (Marlboro, Camel)

$7.25 CLP 7,139

$11.38 CA$16.09

-36.29%

Wine (Bottle)

$7.86 CLP 7,734

$10.63 CA$15.03

-26.06%

Local Beer (0.5 liter bottle)

$2.27 CA$3.21

Imported Beer (0.33 liter bottle)

$0.84 CLP 828

$2.82 CA$3.99

-70.21%

One-way Ticket (Public Transport)

$0.69 CLP 679

$2.66 CA$3.76

-74.06%

Public Transport Monthly Pass (Regular Price)

$77.3 CA$109

Taxi Start (Normal Tariff)

$3.20 CA$4.53

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

Taxi 1hour Waiting (Normal Tariff)

$32.88 CA$46.48

Gasoline (1 liter)

$1.44 CLP 1,419

$1.34 CA$1.90

7.46%

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

$28.2K CA$39.8K

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

$19.6K CA$27.8K

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

$88.6 CLP 87.2K

$76.0 CA$107

16.68%

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

$15.63 CLP 15.4K

$33.95 CA$48.00

-53.96%

Internet (50+ Mbps, Unlimited Data)

$23.17 CLP 22.8K

$42.31 CA$59.8

-45.24%

Gym Membership (Monthly)

$50.7 CLP 49.9K

$29.76 CA$42.07

70.36%

Tennis Court (1 Hour on Weekend)

$20.28 CA$28.67

Cinema Ticket

$6.91 CLP 6,803

$11.15 CA$15.77

-38.03%

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

$254 CLP 249.8K

$507 CA$717

-49.96%

International Primary School, 1 Child (Yearly)

$16.1K CA$22.7K

Jeans (Levis 501 Or Similar)

$30.11 CLP 29.6K

$57.6 CA$81.4

-47.68%

Summer Dress (H&M, Zara, etc)

$23.04 CLP 22.7K

$37.58 CA$53.1

-38.69%

Sport Shoes (Adidas, Nike)

$46.57 CLP 45.8K

$91.9 CA$130

-49.33%

Men's Leather Business Shoes

$58.3 CLP 57.4K

$110 CA$155

-46.79%

1-bedroom Apartment, City Center (Monthly)

$422 CLP 415.4K

$1,260 CA$1,782

-66.52%

1-bedroom Apartment, Outside City Center (Monthly)

$382 CLP 375.7K

$948 CA$1,340

-59.72%

3-bedroom Apartment, City Center (Monthly)

$683 CLP 671.9K

$2,137 CA$3,021

-68.06%

3-bedroom Apartment, Outside City Center (Monthly)

$781 CLP 769.3K

$1,614 CA$2,281

-51.57%

Buy Apartment in City Center (m2)

$1,718 CLP 1.7M

$4,960 CA$7,011

-65.36%

Buy Apartment Outside City Center (m2)

$1,926 CLP 1.9M

$3,838 CA$5,425

-49.82%

Average Monthly Net Salary (After Tax)

$958 CLP 943.5K

$2,827 CA$3,997

-66.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.5

4.48

67.41%

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

Last update for Iquique: October 10, 2026

Last update for Montreal: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Iquique

$382 38.2%

Montreal

$948 47% 148% $566

Groceries & Markets

Iquique

$197 * 19.7%

Montreal

$346 17.2% 75.9% $150

Eating Out

Iquique

$155 15.5%

Montreal

$288 14.3% 86.3% $133

Monthly Utilities & Internet

Iquique

$127 12.8%

Montreal

$152 7.5% 19.4% $25

Clothing & Footwear

Iquique

$71 7.1%

Montreal

$133 6.6% 87.7% $62

Sport & Entertainment

Iquique

$65 6.5%

Montreal

$52 2.6% 19.3% $12

Getting Around

Iquique

$2.8 * 0.3%

Montreal

$99 4.9% 3470% $96

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

Cost Breakdown

A one-bedroom apartment in the center runs $422 in Iquique and $1,260 in Montreal. Housing cost is often the main lever when comparing two cities.

Montreal pays 195% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $40.00 in Iquique vs $70.0 in Montreal for a mid-range dinner for two. Groceries echo the gap at $197 vs $346 per month, with Iquique cheaper across the board.

Good to know

🇨🇱 Iquique

🇨🇦 Montreal

🕒 Local time

12:43 12:43 PM

11:43 11:43 AM

1 h behind Iquique

🌤 Weather

👥 Population

188,003

1,762,949

💱 Currency

Chilean Peso CLP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of October 17, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to CLP in detail →

On the map

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Between locations

Iquique Montreal 7,320 km ≈ 10 h nonstop flight

From you

Iquique
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

Iquique vs Montreal: Cost of Living - Frequently Asked Questions

Iquique and Montreal differ by about 102% in total monthly costs ($999 vs $2,018 including rent). Iquique is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 195% lower in Montreal. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $422 in Iquique versus $1,260 in Montreal. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 76% higher in Montreal. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $999 per month in Iquique versus $2,018 in Montreal – a 102% gap that adds up to real savings over time for anyone picking the cheaper option.

At $999 in Iquique versus $2,018 in Montreal, a $2,000 budget is realistic in Iquique but tight or insufficient in Montreal. The gap between the two cities makes Iquique the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Iquique and Montreal are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Iquique gentler on the wallet – expenses run 102% less than in Montreal. Beyond cost, consider language, visa policies, and how big the international community is in each city.