Cost of Living Comparison Between Montreal and Canmore Cost of Living Comparison Between Montreal and Canmore

Monthly Cost of Living

Monthly costs for one person with rent: $2,063 in Montreal versus $3,064 in Canmore.

Estimated couple costs with rent: $3,159 in Montreal versus $4,853 in Canmore.

Monthly costs for a family of three with rent: $4,255 in Montreal versus $6,642 in Canmore.

Living in Montreal costs roughly 33% less than in Canmore, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Montreal 54% above, Canmore 129% above.

Meal at Budget Restaurant

$15.92 CA$22.12

$18.36 CA$25.51

-13.29%

Three-Course Dinner for Two, Mid-Range

$73.1 CA$102

$74.3 CA$103

-1.68%

Fast Food Meal (McDonalds, etc)

$11.15 CA$15.49

$11.86 CA$16.48

-5.99%

Cappuccino

$3.80 CA$5.28

$4.43 CA$6.16

-14.22%

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

$2.18 CA$3.03

$1.62 CA$2.26

34.57%

Water (0.33 liter bottle)

$1.46 CA$2.03

$1.95 CA$2.70

-25.13%

Local Beer (0.5 liter draught)

$6.12 CA$8.51

$8.30 CA$11.53

-26.27%

Imported Beer (0.33 liter bottle)

$6.78 CA$9.41

$6.44 CA$8.94

5.28%

Milk (1 liter)

$2.33 CA$3.23

$2.20 CA$3.05

5.91%

White Bread (500g)

$3.39 CA$4.71

$2.34 CA$3.26

44.87%

Rice (white) (1kg)

$3.73 CA$5.18

$5.31 CA$7.37

-29.76%

Eggs

$3.38 CA$4.70

$3.67 CA$5.10

-7.90%

Local Cheese (1kg)

$16.25 CA$22.58

$11.61 CA$16.13

39.97%

Chicken Fillets (1kg)

$11.54 CA$16.04

$14.98 CA$20.81

-22.96%

Beef Round Steak (1kg)

$15.24 CA$21.17

$12.50 CA$17.37

21.92%

Apples (1kg)

$3.74 CA$5.20

$4.12 CA$5.72

-9.22%

Banana (1kg)

$1.70 CA$2.37

$1.52 CA$2.12

11.84%

Oranges (1kg)

$4.11 CA$5.70

$4.32 CA$6.00

-4.86%

Tomato (1kg)

$4.35 CA$6.05

$5.04 CA$7.01

-13.69%

Potato (1kg)

$2.71 CA$3.76

$2.92 CA$4.06

-7.19%

Onion (1kg)

$2.62 CA$3.63

$3.29 CA$4.57

-20.36%

Lettuce (1 head)

$2.25 CA$3.13

$2.92 CA$4.06

-22.95%

Water (1.5 liter bottle)

$1.73 CA$2.40

$2.58 CA$3.59

-32.95%

Cigarettes 20 Pack (Marlboro, Camel)

$13.31 CA$18.49

$14.96 CA$20.79

-11.03%

Wine (Bottle)

$10.78 CA$14.98

$13.16 CA$18.28

-18.09%

Local Beer (0.5 liter bottle)

$3.01 CA$4.19

$2.86 CA$3.97

5.24%

Imported Beer (0.33 liter bottle)

$3.46 CA$4.81

$4.52 CA$6.28

-23.45%

One-way Ticket (Public Transport)

$2.74 CA$3.81

$1.49 CA$2.07

83.89%

Public Transport Monthly Pass (Regular Price)

$72.7 CA$101

$30.80 CA$42.80

135.94%

Taxi Start (Normal Tariff)

$3.63 CA$5.05

$5.48 CA$7.62

-33.76%

Taxi (Normal Tariff) (1km)

$1.46 CA$2.03

$2.74 CA$3.81

-46.72%

Taxi 1hour Waiting (Normal Tariff)

$33.44 CA$46.46

$25.40 CA$35.29

31.65%

Gasoline (1 liter)

$1.21 CA$1.68

$1.02 CA$1.42

18.63%

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

$24.6K CA$34.2K

$25.1K CA$34.9K

-1.82%

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

$21.7K CA$30.1K

$21.3K CA$29.6K

1.95%

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

$76.0 CA$106

$206 CA$286

-63.12%

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

$35.72 CA$49.63

$59.4 CA$82.5

-39.81%

Internet (50+ Mbps, Unlimited Data)

$42.86 CA$59.6

$75.3 CA$105

-43.08%

Gym Membership (Monthly)

$42.92 CA$59.6

$69.3 CA$96.4

-38.10%

Tennis Court (1 Hour on Weekend)

$17.23 CA$23.94

$21.66 CA$30.09

-20.45%

Cinema Ticket

$11.09 CA$15.40

$14.58 CA$20.25

-23.94%

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

$620 CA$861

$1,034 CA$1,436

-40.06%

International Primary School, 1 Child (Yearly)

$5,834 CA$8,106

$12.0K CA$16.6K

-51.23%

Jeans (Levis 501 Or Similar)

$62.7 CA$87.1

$52.9 CA$73.5

18.45%

Summer Dress (H&M, Zara, etc)

$44.41 CA$61.7

$46.62 CA$64.8

-4.74%

Sport Shoes (Adidas, Nike)

$101 CA$140

$91.8 CA$127

9.78%

Men's Leather Business Shoes

$119 CA$165

$101 CA$141

17.52%

1-bedroom Apartment, City Center (Monthly)

$1,211 CA$1,683

$1,589 CA$2,208

-23.78%

1-bedroom Apartment, Outside City Center (Monthly)

$960 CA$1,333

$1,677 CA$2,329

-42.77%

3-bedroom Apartment, City Center (Monthly)

$2,035 CA$2,828

$2,033 CA$2,825

0.11%

3-bedroom Apartment, Outside City Center (Monthly)

$1,589 CA$2,208

$3,611 CA$5,017

-55.99%

Buy Apartment in City Center (m2)

$5,181 CA$7,198

$6,462 CA$8,978

-19.83%

Buy Apartment Outside City Center (m2)

$3,934 CA$5,465

$6,244 CA$8,676

-37.01%

Average Monthly Net Salary (After Tax)

$2,960 CA$4,113

$3,258 CA$4,527

-9.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.01

5.96

-15.94%

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

Last update for Montreal: May 31, 2026

Last update for Canmore: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,211 in Montreal and $1,589 in Canmore. Housing cost is often the main lever when comparing two cities.

Canmore pays 10% 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: $73.0 in Montreal vs $74.0 in Canmore for a mid-range dinner for two. Groceries echo the gap at $392 vs $408 per month, with Montreal cheaper across the board.

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 Canmore: Cost of Living - Frequently Asked Questions

Montreal wins on cost – living expenses run 49% lower than in Canmore. Housing and daily spending are where you'll feel the difference most, making Montreal the obvious pick if budget is a priority.

On paper, Canmore earns 10% less. 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: $1,211 in Montreal versus $1,589 in Canmore. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,063 per month in Montreal versus $3,064 in Canmore – a 49% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Montreal runs roughly 136% less than in Canmore. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,063 in Montreal versus $3,064 in Canmore, a $2,000 budget is realistic in Montreal but tight or insufficient in Canmore. The gap between the two cities makes Montreal the clear choice for anyone on this budget.

Both work as nomad bases, but Montreal delivers better value – similar infrastructure at $2,063 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Montreal hard to pass up.

Safety-wise, Montreal and Canmore 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 Montreal gentler on the wallet – expenses run 49% less than in Canmore. Beyond cost, consider language, visa policies, and how big the international community is in each city.