Cost of Living Comparison Between Montreal and Banff Cost of Living Comparison Between Montreal and Banff

😐 Solo nomad: Montreal is 8.6% more expensive than Banff without rent, and 6.1% cheaper with rent.

🙂 Family of 3: Montreal is 17.2% cheaper than Banff without rent, and 28.8% cheaper with rent.

Meal at Budget Restaurant

$16.08 CA$22.03

$22.05 CA$30.21

-27.07%

Three-Course Dinner for Two, Mid-Range

$73.8 CA$101

$72.8 CA$99.7

1.42%

Fast Food Meal (McDonalds, etc)

$10.91 CA$14.95

$10.34 CA$14.16

5.51%

Cappuccino

$3.67 CA$5.03

$4.31 CA$5.90

-14.85%

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

$2.06 CA$2.83

$1.68 CA$2.30

22.62%

Water (0.33 liter bottle)

$1.44 CA$1.97

$1.97 CA$2.70

-26.90%

Local Beer (0.5 liter draught)

$6.21 CA$8.50

$5.65 CA$7.74

9.91%

Imported Beer (0.33 liter bottle)

$6.44 CA$8.82

$8.95 CA$12.26

-28.04%

Milk (1 liter)

$2.34 CA$3.21

$2.10 CA$2.87

11.43%

White Bread (500g)

$3.23 CA$4.42

$2.31 CA$3.16

39.83%

Rice (white) (1kg)

$3.84 CA$5.26

$5.92 CA$8.11

-35.14%

Eggs

$3.32 CA$4.54

$3.74 CA$5.12

-11.23%

Local Cheese (1kg)

$16.35 CA$22.40

$12.52 CA$17.15

30.59%

Chicken Fillets (1kg)

$11.92 CA$16.33

$14.85 CA$20.35

-19.73%

Beef Round Steak (1kg)

$15.10 CA$20.69

$12.44 CA$17.04

21.38%

Apples (1kg)

$3.68 CA$5.04

$4.13 CA$5.66

-10.90%

Banana (1kg)

$1.69 CA$2.32

$1.59 CA$2.17

6.29%

Oranges (1kg)

$4.12 CA$5.64

$4.90 CA$6.71

-15.92%

Tomato (1kg)

$4.29 CA$5.88

$5.22 CA$7.15

-17.82%

Potato (1kg)

$2.79 CA$3.82

$2.90 CA$3.97

-3.79%

Onion (1kg)

$2.70 CA$3.70

$3.19 CA$4.37

-15.36%

Lettuce (1 head)

$2.17 CA$2.97

$3.42 CA$4.69

-36.55%

Water (1.5 liter bottle)

$1.78 CA$2.44

$2.78 CA$3.81

-35.97%

Cigarettes 20 Pack (Marlboro, Camel)

$13.22 CA$18.12

$14.95 CA$20.48

-11.57%

Wine (Bottle)

$11.04 CA$15.12

$12.80 CA$17.54

-13.75%

Local Beer (0.5 liter bottle)

$2.97 CA$4.07

$5.20 CA$7.12

-42.88%

Imported Beer (0.33 liter bottle)

$3.44 CA$4.71

$3.01 CA$4.13

14.29%

One-way Ticket (Public Transport)

$2.80 CA$3.84

$1.45 CA$1.98

93.10%

Public Transport Monthly Pass (Regular Price)

$72.2 CA$98.9

$22.26 CA$30.49

224.35%

Taxi Start (Normal Tariff)

$3.67 CA$5.03

$5.58 CA$7.64

-34.23%

Taxi (Normal Tariff) (1km)

$1.40 CA$1.92

$3.19 CA$4.37

-56.11%

Taxi 1hour Waiting (Normal Tariff)

$34.07 CA$46.68

$19.12 CA$26.19

78.19%

Gasoline (1 liter)

$1.21 CA$1.66

$1.02 CA$1.40

18.63%

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

$25.3K CA$34.7K

$24.9K CA$34.1K

1.84%

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

$21.9K CA$30.0K

$20.8K CA$28.5K

5.16%

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

$74.4 CA$102

$200 CA$274

-62.78%

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

$36.64 CA$50.2

$57.5 CA$78.8

-36.27%

Internet (50+ Mbps, Unlimited Data)

$43.41 CA$59.5

$69.1 CA$94.6

-37.14%

Gym Membership (Monthly)

$43.20 CA$59.2

$75.8 CA$104

-43.03%

Tennis Court (1 Hour on Weekend)

$17.18 CA$23.54

$37.19 CA$51.0

-53.80%

Cinema Ticket

$10.99 CA$15.06

$8.70 CA$11.91

26.32%

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

$614 CA$842

$870 CA$1,191

-29.34%

International Primary School, 1 Child (Yearly)

$5,855 CA$8,022

$11.6K CA$15.8K

-49.33%

Jeans (Levis 501 Or Similar)

$62.6 CA$85.8

$44.00 CA$60.3

42.27%

Summer Dress (H&M, Zara, etc)

$44.25 CA$60.6

$47.29 CA$64.8

-6.43%

Sport Shoes (Adidas, Nike)

$103 CA$142

$94.3 CA$129

9.50%

Men's Leather Business Shoes

$122 CA$167

$111 CA$152

9.33%

1-bedroom Apartment, City Center (Monthly)

$1,190 CA$1,631

$897 CA$1,228

32.75%

1-bedroom Apartment, Outside City Center (Monthly)

$946 CA$1,296

$885 CA$1,212

6.96%

3-bedroom Apartment, City Center (Monthly)

$2,037 CA$2,791

$1,342 CA$1,838

51.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,548 CA$2,120

$3,070 CA$4,206

-49.59%

Buy Apartment in City Center (m2)

$5,398 CA$7,395

$3,771 CA$5,166

43.14%

Buy Apartment Outside City Center (m2)

$4,014 CA$5,499

$3,491 CA$4,783

14.97%

Average Monthly Net Salary (After Tax)

$3,013 CA$4,128

$2,626 CA$3,597

14.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.01

6.62

-24.32%

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

Last update for Montreal: April 11, 2026

Last update for Banff: April 13, 2026

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

Montreal vs other spots: cost of living compared

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