Last update: Nov 2026

Cost of Living Comparison Between Montreal and the Canaries

For one person, living is cheaper in the Canaries: $187 a month against $2,067 in Montreal, rent and utilities included – about $22,600 less a year.

100

Cost of Living Index in Montreal
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Montreal Living Index

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Montreal

🇨🇦 Canada

$2,067

/mo nomad

Canaries

🇱🇨 Saint Lucia

$187

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in the Canaries

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Montreal and in the Canaries actually costs, broken down by who's living it.

A single person spends $2,067 per month in Montreal vs $187 in the Canaries, rent included.

Montreal $2,067
Canaries $187

A couple spends around $3,179 per month in Montreal vs $280 in the Canaries, rent included.

Montreal $3,179
Canaries $280

A family of three spends $4,291 per month in Montreal vs $373 in the Canaries, rent included.

Montreal $4,291
Canaries $373

Montreal costs about 1004% more than the Canaries.

Montreal sits 53% above the global median, while Canaries is 86% below – they fall on opposite sides of the world average.

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

$183 EC$494

609.41%

1-bedroom Apartment, Outside City Center (Monthly)

$970 CA$1,360

$187 EC$505

418.50%

3-bedroom Apartment, City Center (Monthly)

$2,323 CA$3,257

$301 EC$814

670.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,368

$373 EC$1,008

352.33%

Buy Apartment in City Center (m2)

$5,004 CA$7,014

$184 EC$496

2622.28%

Buy Apartment Outside City Center (m2)

$3,736 CA$5,237

$257 EC$694

1353.40%

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 the Canaries: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$970 47%

Canaries

–

Groceries & Markets

Montreal

$357 17.3%

Canaries

–

Eating Out

Montreal

$292 14.1%

Canaries

–

Monthly Utilities & Internet

Montreal

$157 7.6%

Canaries

–

Clothing & Footwear

Montreal

$138 6.7%

Canaries

–

Getting Around

Montreal

$100 4.8%

Canaries

–

Sport & Entertainment

Montreal

$53 2.6%

Canaries

–

Cost Breakdown

A central one-bedroom costs $1,298 in Montreal versus $183 in the Canaries. 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

🇱🇨 Canaries

🕒 Local time

04:07 4:07 AM

05:07 5:07 AM

1 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

1,862

💱 Currency

Canadian Dollar CAD $

East Caribbean Dollar XCD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

1 XCD = 0.37 USD

1 XCD = 0.33 EUR

Exchange rates and currency converter

XCD, 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).

East Caribbean Dollar exchange rates as of November 6, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.03 XCD (1 XCD = 0.33 EUR).

USD to CAD in detail →

On the map

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Montreal Canaries 3,710 km ≈ 5 h nonstop flight

From you

Montreal
Canaries

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 Canaries: Cost of Living - Frequently Asked Questions

Montreal costs about 1004% more than the Canaries, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,100 per month in Montreal and $281 in the Canaries. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in the Canaries, especially for central apartments: a one-bedroom in the center costs $183 there versus $1,298 in Montreal.

A $800 monthly budget goes further in the Canaries, where all-in costs run around $187, than in Montreal at $2,067. In Canaries it covers expenses comfortably, while in Montreal 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 $187 in the Canaries to $2,067 in Montreal. 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.