Last update: Oct 2026

Cost of Living Comparison Between Montreal and Canmore

For one person, living is cheaper in Montreal: $2,064 a month against $2,957 in Canmore, rent and utilities included – about $10,700 less a year. Rent and utilities account for most of the difference.

99

Cost of Living Index in Montreal
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Montreal Living Index
141

Cost of Living Index in Canmore
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Canmore Living Index

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Montreal

🇨🇦 Canada

$2,064

/mo nomad

Canmore

🇨🇦 Canada

$2,957

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Canmore

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 Canmore actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,064 in Montreal versus $2,957 in Canmore.

Montreal $2,064
Canmore $2,957

Estimated couple costs with rent: $3,156 in Montreal versus $4,610 in Canmore.

Montreal $3,156
Canmore $4,610

Monthly costs for a family of three with rent: $4,247 in Montreal versus $6,262 in Canmore.

Montreal $4,247
Canmore $6,262

Living in Montreal costs roughly 30% less than in Canmore, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Montreal 52% above, Canmore 117% above.

Meal at Budget Restaurant

$18.98 CA$26.64

$18.01 CA$25.28

5.39%

Three-Course Dinner for Two, Mid-Range

$73.0 CA$102

$68.5 CA$96.2

6.51%

Fast Food Meal (McDonalds, etc)

$10.88 CA$15.27

$12.35 CA$17.33

-11.90%

Cappuccino

$3.81 CA$5.35

$4.15 CA$5.82

-8.19%

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

$1.94 CA$2.72

$1.77 CA$2.48

9.60%

Water (0.33 liter bottle)

$1.58 CA$2.22

$2.11 CA$2.96

-25.12%

Local Beer (0.5 liter draught)

$6.37 CA$8.94

$7.11 CA$9.98

-10.41%

Imported Beer (0.33 liter bottle)

$7.26 CA$10.20

$5.65 CA$7.94

28.50%

Milk (1 liter)

$2.23 CA$3.13

$2.18 CA$3.07

2.29%

White Bread (500g)

$3.17 CA$4.45

$2.54 CA$3.57

24.80%

Rice (white) (1kg)

$3.31 CA$4.64

$4.47 CA$6.27

-25.95%

Eggs

$3.63 CA$5.09

$3.39 CA$4.76

7.08%

Local Cheese (1kg)

$13.16 CA$18.47

$10.00 CA$14.03

31.60%

Chicken Fillets (1kg)

$11.56 CA$16.22

$12.36 CA$17.34

-6.47%

Beef Round Steak (1kg)

$13.71 CA$19.25

$13.11 CA$18.39

4.58%

Apples (1kg)

$3.29 CA$4.62

$3.45 CA$4.85

-4.64%

Banana (1kg)

$1.46 CA$2.05

$1.36 CA$1.91

7.35%

Oranges (1kg)

$3.37 CA$4.73

$2.74 CA$3.84

22.99%

Tomato (1kg)

$3.15 CA$4.42

$4.53 CA$6.36

-30.46%

Potato (1kg)

$1.89 CA$2.65

$3.53 CA$4.96

-46.46%

Onion (1kg)

$1.79 CA$2.52

$3.18 CA$4.46

-43.71%

Lettuce (1 head)

$2.47 CA$3.47

$2.82 CA$3.96

-12.41%

Water (1.5 liter bottle)

$1.58 CA$2.22

$1.80 CA$2.52

-12.22%

Cigarettes 20 Pack (Marlboro, Camel)

$11.28 CA$15.84

$12.09 CA$16.97

-6.70%

Wine (Bottle)

$10.49 CA$14.73

$14.14 CA$19.84

-25.81%

Local Beer (0.5 liter bottle)

$2.34 CA$3.28

$3.26 CA$4.58

-28.22%

Imported Beer (0.33 liter bottle)

$2.91 CA$4.09

$3.87 CA$5.44

-24.81%

One-way Ticket (Public Transport)

$2.61 CA$3.66

$2.19 CA$3.07

19.18%

Public Transport Monthly Pass (Regular Price)

$79.1 CA$111

$30.80 CA$43.23

156.92%

Taxi Start (Normal Tariff)

$3.26 CA$4.57

$3.49 CA$4.89

-6.59%

Taxi (Normal Tariff) (1km)

$1.44 CA$2.02

$2.93 CA$4.11

-50.85%

Taxi 1hour Waiting (Normal Tariff)

$33.43 CA$46.92

$42.69 CA$59.9

-21.69%

Gasoline (1 liter)

$1.33 CA$1.87

$1.07 CA$1.50

24.30%

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

$28.6K CA$40.2K

$25.1K CA$35.2K

14.23%

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

$21.1K CA$29.6K

$21.0K CA$29.4K

0.70%

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

$80.1 CA$112

$273 CA$382

-70.62%

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

$34.30 CA$48.14

$52.1 CA$73.1

-34.13%

Internet (50+ Mbps, Unlimited Data)

$42.85 CA$60.1

$69.6 CA$97.7

-38.45%

Gym Membership (Monthly)

$31.14 CA$43.71

$51.9 CA$72.9

-40.05%

Tennis Court (1 Hour on Weekend)

$19.41 CA$27.24

$10.81 CA$15.17

79.56%

Cinema Ticket

$11.23 CA$15.76

$14.03 CA$19.69

-19.96%

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

$525 CA$737

$868 CA$1,218

-39.49%

International Primary School, 1 Child (Yearly)

$16.3K CA$22.9K

$3,521 CA$4,942

363.74%

Jeans (Levis 501 Or Similar)

$58.0 CA$81.4

$47.59 CA$66.8

21.87%

Summer Dress (H&M, Zara, etc)

$38.11 CA$53.5

$43.95 CA$61.7

-13.29%

Sport Shoes (Adidas, Nike)

$93.4 CA$131

$75.6 CA$106

23.51%

Men's Leather Business Shoes

$110 CA$155

$89.7 CA$126

22.87%

1-bedroom Apartment, City Center (Monthly)

$1,285 CA$1,803

$1,556 CA$2,184

-17.42%

1-bedroom Apartment, Outside City Center (Monthly)

$977 CA$1,371

$1,646 CA$2,309

-40.65%

3-bedroom Apartment, City Center (Monthly)

$2,271 CA$3,187

$3,398 CA$4,768

-33.17%

3-bedroom Apartment, Outside City Center (Monthly)

$1,665 CA$2,336

$3,499 CA$4,911

-52.42%

Buy Apartment in City Center (m2)

$5,139 CA$7,212

$6,464 CA$9,071

-20.49%

Buy Apartment Outside City Center (m2)

$3,834 CA$5,381

$5,946 CA$8,345

-35.52%

Average Monthly Net Salary (After Tax)

$3,002 CA$4,213

$3,201 CA$4,492

-6.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

4.85

-7.63%

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

Last update for Montreal: October 25, 2026

Last update for Canmore: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$977 47.3%

Canmore

$1.6K 55.7% 68.5% $669

Groceries & Markets

Montreal

$351 17%

Canmore

$371 12.5% 5.6% $20

Eating Out

Montreal

$291 14.1%

Canmore

$293 9.9% 0.9% $2.6

Monthly Utilities & Internet

Montreal

$157 7.6%

Canmore

$394 13.3% 151% $237

Clothing & Footwear

Montreal

$135 6.5%

Canmore

$116 3.9% 14.3% $19

Getting Around

Montreal

$100 4.9%

Canmore

$58 2% 42.3% $42

Sport & Entertainment

Montreal

$54 2.6%

Canmore

$80 2.7% 49.3% $26

Cost Breakdown

A one-bedroom apartment in the center runs $1,285 in Montreal and $1,556 in Canmore. Housing cost is often the main lever when comparing two cities.

Canmore pays 7% 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 in Montreal vs $69 in Canmore. Groceries flip the comparison at $351 vs $371, with Montreal cheaper for home cooking.

Good to know

🇨🇦 Montreal

🇨🇦 Canmore

🕒 Local time

14:41 2:41 PM

12:41 12:41 PM

2 h behind Montreal

🌤 Weather

👥 Population

1,762,949

13,992

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

On the map

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Highest

Between locations

Montreal Canmore 3,110 km ≈ 4 h 30 min nonstop flight

From you

Montreal
Canmore

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 Canmore: Cost of Living - Frequently Asked Questions

Montreal wins on cost – living expenses run 30% 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 6% lower in Montreal. 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: $1,285 in Montreal versus $1,556 in Canmore. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,064 per month in Montreal versus $2,957 in Canmore – a 43% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Canmore runs roughly 61% less than in Montreal. Both cities have functional networks, but the price difference matters if you’re watching your budget.

Both cities are expensive relative to $2,000. Montreal is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Montreal wins on affordability, Canmore on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.