Last update: Nov 2026

Cost of Living Comparison Between Montreal and Carenage

For one person, living is cheaper in Carenage: $768 a month against $2,067 in Montreal, rent and utilities included – about $15,600 less a year. Rent and utilities account for most of the difference.

100

Cost of Living Index in Montreal
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Montreal Living Index
37

Cost of Living Index in Carenage
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Carenage Living Index

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Montreal

🇨🇦 Canada

$2,067

/mo nomad

Carenage

🇹🇹 Trinidad And Tobago

$768

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Carenage

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

A single person spends $2,067 per month in Montreal vs $768 in Carenage, rent included.

Montreal $2,067
Carenage $768

A couple spends around $3,179 per month in Montreal vs $1,317 in Carenage, rent included.

Montreal $3,179
Carenage $1,317

A family of three spends $4,291 per month in Montreal vs $1,866 in Carenage, rent included.

Montreal $4,291
Carenage $1,866

Montreal costs about 169% more than Carenage, and outside of rent the biggest gap is in eating out.

Montreal sits 53% above the global median, while Carenage is 43% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.89 CA$26.57

$10.24 TTD 68.0

84.47%

Three-Course Dinner for Two, Mid-Range

$72.6 CA$102

$59.7 TTD 397

21.54%

Fast Food Meal (McDonalds, etc)

$10.79 CA$15.18

$8.22 TTD 54.6

31.27%

Cappuccino

$3.98 CA$5.60

$3.75 TTD 24.94

6.13%

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

$2.02 CA$2.84

$1.06 TTD 7.01

90.57%

Water (0.33 liter bottle)

$1.63 CA$2.29

$0.70 TTD 4.67

132.86%

Local Beer (0.5 liter draught)

$6.32 CA$8.89

$1.96 TTD 13.05

222.45%

Imported Beer (0.33 liter bottle)

$7.06 CA$9.93

$2.76 TTD 18.31

155.80%

Milk (1 liter)

$2.33 CA$3.28

$1.99 TTD 13.24

17.09%

White Bread (500g)

$3.25 CA$4.57

$2.28 TTD 15.12

42.54%

Rice (white) (1kg)

$3.26 CA$4.59

$2.92 TTD 19.39

11.64%

Eggs

$3.48 CA$4.89

$3.77 TTD 25.04

-7.69%

Local Cheese (1kg)

$13.73 CA$19.31

$6.82 TTD 45.32

101.32%

Chicken Fillets (1kg)

$11.48 CA$16.14

$10.06 TTD 66.8

14.12%

Beef Round Steak (1kg)

$14.26 CA$20.05

$8.93 TTD 59.3

59.69%

Apples (1kg)

$3.52 CA$4.95

$5.64 TTD 37.45

-37.59%

Banana (1kg)

$1.46 CA$2.05

$2.45 TTD 16.26

-40.41%

Oranges (1kg)

$3.41 CA$4.80

$3.81 TTD 25.30

-10.50%

Tomato (1kg)

$3.20 CA$4.50

$4.36 TTD 28.96

-26.61%

Potato (1kg)

$1.94 CA$2.72

$0.70 TTD 4.68

177.14%

Onion (1kg)

$1.78 CA$2.50

$0.76 TTD 5.08

134.21%

Lettuce (1 head)

$2.52 CA$3.54

$1.50 TTD 9.98

68.00%

Water (1.5 liter bottle)

$1.58 CA$2.22

$1.20 TTD 7.97

31.67%

Cigarettes 20 Pack (Marlboro, Camel)

$11.51 CA$16.18

$5.60 TTD 37.23

105.54%

Wine (Bottle)

$10.57 CA$14.87

$17.95 TTD 119

-41.11%

Local Beer (0.5 liter bottle)

$2.35 CA$3.30

$1.51 TTD 10.00

55.63%

Imported Beer (0.33 liter bottle)

$2.90 CA$4.07

$3.10 TTD 20.62

-6.45%

One-way Ticket (Public Transport)

$2.61 CA$3.68

Public Transport Monthly Pass (Regular Price)

$78.5 CA$110

Taxi Start (Normal Tariff)

$3.17 CA$4.46

$0.87 TTD 5.75

264.37%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.10

$0.86 TTD 5.68

73.26%

Taxi 1hour Waiting (Normal Tariff)

$33.49 CA$47.10

$14.95 TTD 99.3

124.01%

Gasoline (1 liter)

$1.36 CA$1.92

$1.17 TTD 7.76

16.24%

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

$28.0K CA$39.4K

$37.6K TTD 250.0K

-25.56%

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

$21.1K CA$29.7K

$41.6K TTD 276.4K

-49.20%

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

$77.6 CA$109

$43.80 TTD 291

77.12%

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

$35.63 CA$50.1

$41.78 TTD 278

-14.72%

Internet (50+ Mbps, Unlimited Data)

$43.73 CA$61.5

$45.45 TTD 302

-3.78%

Gym Membership (Monthly)

$30.07 CA$42.29

Tennis Court (1 Hour on Weekend)

$19.97 CA$28.08

Cinema Ticket

$11.27 CA$15.85

$8.76 TTD 58.2

28.65%

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

$522 CA$734

$400 TTD 2,656

30.55%

International Primary School, 1 Child (Yearly)

$17.8K CA$25.0K

$16.7K TTD 110.7K

6.73%

Jeans (Levis 501 Or Similar)

$59.0 CA$82.9

$53.8 TTD 357

9.57%

Summer Dress (H&M, Zara, etc)

$39.01 CA$54.9

$36.78 TTD 244

6.06%

Sport Shoes (Adidas, Nike)

$99.8 CA$140

$87.5 TTD 581

14.07%

Men's Leather Business Shoes

$110 CA$154

$87.6 TTD 582

25.14%

1-bedroom Apartment, City Center (Monthly)

$1,298 CA$1,826

1-bedroom Apartment, Outside City Center (Monthly)

$970 CA$1,365

3-bedroom Apartment, City Center (Monthly)

$2,323 CA$3,267

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,376

Buy Apartment in City Center (m2)

$5,004 CA$7,037

Buy Apartment Outside City Center (m2)

$3,736 CA$5,255

Average Monthly Net Salary (After Tax)

$2,943 CA$4,139

20-Year Fixed Mortgage Interest Rate (Annual %)

4.51

5.75

-21.57%

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

Last update for Montreal: November 3, 2026

Last update for Carenage: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$970 47%

Carenage

- * 0% 100%

Groceries & Markets

Montreal

$357 17.3%

Carenage

$321 41.8% 10.3% $37

Eating Out

Montreal

$292 14.1%

Carenage

$174 22.7% 40.3% $118

Monthly Utilities & Internet

Montreal

$157 7.6%

Carenage

$131 17.1% 16.5% $26

Clothing & Footwear

Montreal

$138 6.7%

Carenage

$120 15.6% 13.6% $19

Getting Around

Montreal

$100 4.8%

Carenage

$5.1 * 0.7% 94.8% $94

Sport & Entertainment

Montreal

$53 2.6%

Carenage

$18 * 2.3% 66.7% $35

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $73 in Montreal versus $60 in Carenage. Monthly groceries follow the same trend: $357 vs $321 – making Carenage the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇹🇹 Carenage

🕒 Local time

13:04 1:04 PM

14:04 2:04 PM

1 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

25,370

💱 Currency

Canadian Dollar CAD $

Trinidad and Tobago Dollar TTD $

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.633 EUR

1 TTD = 0.151 USD

1 TTD = 0.134 EUR

Exchange rates and currency converter

TTD, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 EUR).

Trinidad and Tobago Dollar exchange rates as of November 6, 2026: 1 USD = 6.64 TTD (1 TTD = 0.151 USD). 1 EUR = 7.46 TTD (1 TTD = 0.134 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Carenage 4,040 km ≈ 6 h nonstop flight

From you

Montreal
Carenage

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 Carenage: Cost of Living - Frequently Asked Questions

Yes – Montreal is pricier by about 169%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,100 per month in Montreal and $1,152 in Carenage. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $73 in Montreal and $60 in Carenage. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 11% more in Montreal, though the gap depends on what you buy.

A $1,000 monthly budget goes further in Carenage, where all-in costs run around $768, than in Montreal at $2,067. In Carenage 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 $768 in Carenage 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.