Last update: Nov 2026

Cost of Living Comparison Between Montreal and Beef Island

100

Cost of Living Index in Montreal
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Montreal Living Index

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Montreal

🇨🇦 Canada

$2,067

/mo nomad

Beef Island

🇻🇬 British Virgin Islands

/mo nomad

Meal at Budget Restaurant

$18.89 CA$26.48

Three-Course Dinner for Two, Mid-Range

$72.6 CA$102

Fast Food Meal (McDonalds, etc)

$10.79 CA$15.13

Cappuccino

$3.98 CA$5.58

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

$2.02 CA$2.83

Water (0.33 liter bottle)

$1.63 CA$2.29

Local Beer (0.5 liter draught)

$6.32 CA$8.86

Imported Beer (0.33 liter bottle)

$7.06 CA$9.90

Milk (1 liter)

$2.33 CA$3.27

White Bread (500g)

$3.25 CA$4.55

Rice (white) (1kg)

$3.26 CA$4.58

Eggs

$3.48 CA$4.87

Local Cheese (1kg)

$13.73 CA$19.25

Chicken Fillets (1kg)

$11.48 CA$16.09

Beef Round Steak (1kg)

$14.26 CA$19.99

Apples (1kg)

$3.52 CA$4.94

Banana (1kg)

$1.46 CA$2.04

Oranges (1kg)

$3.41 CA$4.78

Tomato (1kg)

$3.20 CA$4.49

Potato (1kg)

$1.94 CA$2.71

Onion (1kg)

$1.78 CA$2.50

Lettuce (1 head)

$2.52 CA$3.53

Water (1.5 liter bottle)

$1.58 CA$2.22

Cigarettes 20 Pack (Marlboro, Camel)

$11.51 CA$16.13

Wine (Bottle)

$10.57 CA$14.82

Local Beer (0.5 liter bottle)

$2.35 CA$3.29

Imported Beer (0.33 liter bottle)

$2.90 CA$4.06

One-way Ticket (Public Transport)

$2.61 CA$3.66

Public Transport Monthly Pass (Regular Price)

$78.5 CA$110

Taxi Start (Normal Tariff)

$3.17 CA$4.45

Taxi (Normal Tariff) (1km)

$1.49 CA$2.09

Taxi 1hour Waiting (Normal Tariff)

$33.49 CA$46.94

Gasoline (1 liter)

$1.36 CA$1.91

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

$28.0K CA$39.3K

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

$21.1K CA$29.6K

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

$77.6 CA$109

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

$35.63 CA$49.94

Internet (50+ Mbps, Unlimited Data)

$43.73 CA$61.3

Gym Membership (Monthly)

$30.07 CA$42.16

Tennis Court (1 Hour on Weekend)

$19.97 CA$27.99

Cinema Ticket

$11.27 CA$15.80

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

$522 CA$732

International Primary School, 1 Child (Yearly)

$17.8K CA$24.9K

Jeans (Levis 501 Or Similar)

$59.0 CA$82.7

Summer Dress (H&M, Zara, etc)

$39.01 CA$54.7

Sport Shoes (Adidas, Nike)

$99.8 CA$140

Men's Leather Business Shoes

$110 CA$154

1-bedroom Apartment, City Center (Monthly)

$1,298 CA$1,820

$991 $991

30.99%

1-bedroom Apartment, Outside City Center (Monthly)

$970 CA$1,360

3-bedroom Apartment, City Center (Monthly)

$2,323 CA$3,257

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,368

Buy Apartment in City Center (m2)

$5,004 CA$7,014

Buy Apartment Outside City Center (m2)

$3,736 CA$5,237

Average Monthly Net Salary (After Tax)

$2,943 CA$4,125

20-Year Fixed Mortgage Interest Rate (Annual %)

4.51

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

Last update for Montreal: November 3, 2026

Last update for Beef Island: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$970 47%

Beef Island

–

Groceries & Markets

Montreal

$357 17.3%

Beef Island

–

Eating Out

Montreal

$292 14.1%

Beef Island

–

Monthly Utilities & Internet

Montreal

$157 7.6%

Beef Island

–

Clothing & Footwear

Montreal

$138 6.7%

Beef Island

–

Getting Around

Montreal

$100 4.8%

Beef Island

–

Sport & Entertainment

Montreal

$53 2.6%

Beef Island

–

Cost Breakdown

A central one-bedroom costs $1,298 in Montreal versus $991 in Beef Island. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Good to know

🇨🇦 Montreal

🇻🇬 Beef Island

🕒 Local time

05:09 5:09 AM

06:09 6:09 AM

1 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Beef Island 3,120 km ≈ 4 h 30 min nonstop flight

From you

Montreal
Beef Island

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

Montreal vs Beef Island: Cost of Living - Frequently Asked Questions

Rent is clearly cheaper in Beef Island, especially for central apartments: a one-bedroom in the center costs $991 there versus $1,298 in Montreal.

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

Montreal vs other spots: cost of living compared

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