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: $2,085 in Montreal versus $3,066 in Canmore.

Estimated couple costs with rent: $3,174 in Montreal versus $4,877 in Canmore.

Monthly costs for a family of three with rent: $4,262 in Montreal versus $6,688 in Canmore.

Living in Montreal costs roughly 32% less than in Canmore, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Montreal 56% above, Canmore 130% above.

Meal at Budget Restaurant

$16.52 CA$23.16

$18.31 CA$25.67

-9.78%

Three-Course Dinner for Two, Mid-Range

$74.0 CA$104

0.04%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.34

$11.67 CA$16.36

-6.26%

Cappuccino

$3.84 CA$5.39

$4.26 CA$5.97

-9.86%

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

$2.14 CA$2.99

$1.61 CA$2.25

32.92%

Water (0.33 liter bottle)

$1.45 CA$2.03

$1.88 CA$2.64

-22.87%

Local Beer (0.5 liter draught)

$6.13 CA$8.60

$8.19 CA$11.49

-25.15%

Imported Beer (0.33 liter bottle)

$6.73 CA$9.44

$6.55 CA$9.19

2.75%

Milk (1 liter)

$2.35 CA$3.30

$2.11 CA$2.96

11.37%

White Bread (500g)

$3.34 CA$4.68

$2.32 CA$3.25

43.97%

Rice (white) (1kg)

$3.74 CA$5.25

$5.36 CA$7.52

-30.22%

Eggs

$3.39 CA$4.76

$3.68 CA$5.16

-7.88%

Local Cheese (1kg)

$16.30 CA$22.85

$11.52 CA$16.15

41.49%

Chicken Fillets (1kg)

$11.81 CA$16.56

$14.77 CA$20.71

-20.04%

Beef Round Steak (1kg)

$15.64 CA$21.93

$12.75 CA$17.87

22.67%

Apples (1kg)

$3.69 CA$5.18

$4.30 CA$6.02

-14.19%

Banana (1kg)

$1.70 CA$2.39

$1.56 CA$2.19

8.97%

Oranges (1kg)

$4.11 CA$5.76

$4.34 CA$6.08

-5.30%

Tomato (1kg)

$4.41 CA$6.18

$5.26 CA$7.37

-16.16%

Potato (1kg)

$2.79 CA$3.91

$2.90 CA$4.07

-3.79%

Onion (1kg)

$2.64 CA$3.70

$3.25 CA$4.56

-18.77%

Lettuce (1 head)

$2.29 CA$3.21

$2.87 CA$4.02

-20.21%

Water (1.5 liter bottle)

$1.78 CA$2.50

$2.60 CA$3.65

-31.54%

Cigarettes 20 Pack (Marlboro, Camel)

$13.17 CA$18.47

$14.94 CA$20.94

-11.85%

Wine (Bottle)

$10.64 CA$14.92

$14.26 CA$20.00

-25.39%

Local Beer (0.5 liter bottle)

$2.99 CA$4.19

$2.80 CA$3.92

6.79%

Imported Beer (0.33 liter bottle)

$3.44 CA$4.82

$4.50 CA$6.31

-23.56%

One-way Ticket (Public Transport)

$2.81 CA$3.94

$1.44 CA$2.02

95.14%

Public Transport Monthly Pass (Regular Price)

$72.8 CA$102

$31.49 CA$44.15

131.25%

Taxi Start (Normal Tariff)

$3.52 CA$4.93

$5.40 CA$7.56

-34.81%

Taxi (Normal Tariff) (1km)

$1.45 CA$2.04

$2.79 CA$3.92

-48.03%

Taxi 1hour Waiting (Normal Tariff)

$34.29 CA$48.08

$25.59 CA$35.88

34.00%

Gasoline (1 liter)

$1.22 CA$1.72

$1.07 CA$1.50

14.02%

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

$25.3K CA$35.4K

$25.3K CA$35.5K

-0.25%

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

$22.1K CA$31.0K

$21.1K CA$29.6K

5.00%

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

$76.5 CA$107

$204 CA$286

-62.56%

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

$35.60 CA$49.91

$58.8 CA$82.5

-39.47%

Internet (50+ Mbps, Unlimited Data)

$42.96 CA$60.2

$74.5 CA$104

-42.34%

Gym Membership (Monthly)

$43.39 CA$60.8

$69.0 CA$96.7

-37.08%

Tennis Court (1 Hour on Weekend)

$16.83 CA$23.60

$21.83 CA$30.61

-22.90%

Cinema Ticket

$11.09 CA$15.55

$14.58 CA$20.44

-23.94%

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

$625 CA$876

$1,017 CA$1,425

-38.57%

International Primary School, 1 Child (Yearly)

$5,896 CA$8,266

$11.9K CA$16.7K

-50.58%

Jeans (Levis 501 Or Similar)

$63.1 CA$88.5

$53.7 CA$75.3

17.44%

Summer Dress (H&M, Zara, etc)

$44.50 CA$62.4

$46.20 CA$64.8

-3.68%

Sport Shoes (Adidas, Nike)

$103 CA$144

$94.8 CA$133

8.46%

Men's Leather Business Shoes

$118 CA$166

$99.5 CA$139

18.87%

1-bedroom Apartment, City Center (Monthly)

$1,207 CA$1,692

$1,574 CA$2,206

-23.28%

1-bedroom Apartment, Outside City Center (Monthly)

$965 CA$1,353

$1,654 CA$2,319

-41.65%

3-bedroom Apartment, City Center (Monthly)

$2,031 CA$2,848

$2,037 CA$2,855

-0.26%

3-bedroom Apartment, Outside City Center (Monthly)

$1,577 CA$2,211

$3,675 CA$5,152

-57.09%

Buy Apartment in City Center (m2)

$5,085 CA$7,129

$6,399 CA$8,971

-20.53%

Buy Apartment Outside City Center (m2)

$3,783 CA$5,304

$5,984 CA$8,390

-36.78%

Average Monthly Net Salary (After Tax)

$2,890 CA$4,051

$3,193 CA$4,476

-9.49%

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: July 11, 2026

Last update for Canmore: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,207 in Montreal and $1,574 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: $74.0 in Montreal vs $74.0 in Canmore for a mid-range dinner for two. Groceries echo the gap at $395 vs $411 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 47% 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, salaries run 10% lower in Canmore. 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: $1,207 in Montreal versus $1,574 in Canmore. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,085 per month in Montreal versus $3,066 in Canmore – a 47% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Montreal runs roughly 131% less than in Canmore. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $2,085 in Montreal versus $3,066 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 $2,085 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 47% less than in Canmore. Beyond cost, consider language, visa policies, and how big the international community is in each city.