Last update: Oct 2026

Cost of Living Comparison Between Montreal and Cerro de Pasco

For one person, living is cheaper in Cerro de Pasco: $555 a month against $2,018 in Montreal, rent and utilities included – about $17,600 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
27

Cost of Living Index in Cerro de Pasco
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Cerro de Pasco Living Index

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Montreal

🇨🇦 Canada

$2,018

/mo nomad

Cerro de Pasco

🇵🇪 Peru

$555

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Cerro de Pasco

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 Cerro de Pasco actually costs, broken down by who's living it.

A single person spends $2,018 per month in Montreal vs $555 in Cerro de Pasco, rent included.

Montreal $2,018
Cerro de Pasco $555

A couple spends around $3,085 per month in Montreal vs $891 in Cerro de Pasco, rent included.

Montreal $3,085
Cerro de Pasco $891

A family of three spends $4,152 per month in Montreal vs $1,227 in Cerro de Pasco, rent included.

Montreal $4,152
Cerro de Pasco $1,227

Montreal costs about 264% more than Cerro de Pasco, and outside of rent the biggest gap is in eating out.

Montreal sits 49% above the global median, while Cerro de Pasco is 59% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.82 CA$26.61

$2.83 PEN 9.70

565.02%

Three-Course Dinner for Two, Mid-Range

$70.3 CA$99.4

$29.34 PEN 101

139.57%

Fast Food Meal (McDonalds, etc)

$10.66 CA$15.06

$6.74 PEN 23.16

58.16%

Cappuccino

$3.84 CA$5.43

$2.05 PEN 7.03

87.32%

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

$1.92 CA$2.71

$0.76 PEN 2.61

152.63%

Water (0.33 liter bottle)

$1.54 CA$2.18

$0.45 PEN 1.55

242.22%

Local Beer (0.5 liter draught)

$6.23 CA$8.81

$2.69 PEN 9.22

131.60%

Imported Beer (0.33 liter bottle)

$7.10 CA$10.03

$4.44 PEN 15.27

59.91%

Milk (1 liter)

$2.31 CA$3.27

$1.52 PEN 5.23

51.97%

White Bread (500g)

$3.14 CA$4.44

$2.35 PEN 8.07

33.62%

Rice (white) (1kg)

$3.21 CA$4.54

$1.26 PEN 4.34

154.76%

Eggs

$3.52 CA$4.97

$2.47 PEN 8.47

42.51%

Local Cheese (1kg)

$12.81 CA$18.11

$9.18 PEN 31.53

39.54%

Chicken Fillets (1kg)

$11.46 CA$16.20

$6.04 PEN 20.74

89.74%

Beef Round Steak (1kg)

$13.39 CA$18.92

$7.92 PEN 27.20

69.07%

Apples (1kg)

$3.14 CA$4.43

$2.00 PEN 6.86

57.00%

Banana (1kg)

$1.44 CA$2.03

$0.76 PEN 2.61

89.47%

Oranges (1kg)

$3.47 CA$4.91

$0.43 PEN 1.46

706.98%

Tomato (1kg)

$3.07 CA$4.34

$1.14 PEN 3.91

169.30%

Potato (1kg)

$1.90 CA$2.69

$0.70 PEN 2.41

171.43%

Onion (1kg)

$1.77 CA$2.50

$0.54 PEN 1.87

227.78%

Lettuce (1 head)

$2.34 CA$3.31

$0.83 PEN 2.85

181.93%

Water (1.5 liter bottle)

$1.55 CA$2.19

$0.84 PEN 2.88

84.52%

Cigarettes 20 Pack (Marlboro, Camel)

$11.38 CA$16.09

$5.78 PEN 19.84

96.89%

Wine (Bottle)

$10.63 CA$15.03

$7.19 PEN 24.68

47.84%

Local Beer (0.5 liter bottle)

$2.27 CA$3.21

$1.92 PEN 6.60

18.23%

Imported Beer (0.33 liter bottle)

$2.82 CA$3.99

$2.65 PEN 9.11

6.42%

One-way Ticket (Public Transport)

$2.66 CA$3.76

Public Transport Monthly Pass (Regular Price)

$77.3 CA$109

Taxi Start (Normal Tariff)

$3.20 CA$4.53

$3.98 PEN 13.68

-19.60%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

$1.99 PEN 6.84

-25.63%

Taxi 1hour Waiting (Normal Tariff)

$32.88 CA$46.48

$7.46 PEN 25.62

340.75%

Gasoline (1 liter)

$1.34 CA$1.90

$1.67 PEN 5.74

-19.76%

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

$28.2K CA$39.8K

$22.2K PEN 76.4K

26.53%

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

$19.6K CA$27.8K

$26.2K PEN 89.9K

-25.00%

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

$76.0 CA$107

$72.8 PEN 250

4.30%

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

$33.95 CA$48.00

$16.46 PEN 56.5

106.26%

Internet (50+ Mbps, Unlimited Data)

$42.31 CA$59.8

$27.53 PEN 94.6

53.69%

Gym Membership (Monthly)

$29.76 CA$42.07

Tennis Court (1 Hour on Weekend)

$20.28 CA$28.67

Cinema Ticket

$11.15 CA$15.77

$7.15 PEN 24.56

55.94%

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

$507 CA$717

$176 PEN 606

187.55%

International Primary School, 1 Child (Yearly)

$16.1K CA$22.7K

$12.9K PEN 44.4K

24.19%

Jeans (Levis 501 Or Similar)

$57.6 CA$81.4

$53.3 PEN 183

8.01%

Summer Dress (H&M, Zara, etc)

$37.58 CA$53.1

$35.36 PEN 121

6.28%

Sport Shoes (Adidas, Nike)

$91.9 CA$130

$83.2 PEN 286

10.51%

Men's Leather Business Shoes

$110 CA$155

$77.6 PEN 267

41.17%

1-bedroom Apartment, City Center (Monthly)

$1,260 CA$1,782

1-bedroom Apartment, Outside City Center (Monthly)

$948 CA$1,340

3-bedroom Apartment, City Center (Monthly)

$2,137 CA$3,021

$408 PEN 1,400

424.35%

3-bedroom Apartment, Outside City Center (Monthly)

$1,614 CA$2,281

Buy Apartment in City Center (m2)

$4,960 CA$7,011

Buy Apartment Outside City Center (m2)

$3,838 CA$5,425

Average Monthly Net Salary (After Tax)

$2,827 CA$3,997

$470 PEN 1,616

501.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

8.94

-49.89%

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

Last update for Montreal: October 12, 2026

Last update for Cerro de Pasco: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$948 47%

Cerro de Pasco

- * 0% 100%

Groceries & Markets

Montreal

$346 17.2%

Cerro de Pasco

$203 36.6% 41.4% $144

Eating Out

Montreal

$288 14.3%

Cerro de Pasco

$95 17% 67.1% $193

Monthly Utilities & Internet

Montreal

$152 7.5%

Cerro de Pasco

$117 21.1% 23.2% $35

Clothing & Footwear

Montreal

$133 6.6%

Cerro de Pasco

$112 20.2% 15.9% $21

Getting Around

Montreal

$99 4.9%

Cerro de Pasco

$14 * 2.5% 85.8% $85

Sport & Entertainment

Montreal

$52 2.6%

Cerro de Pasco

$14 * 2.6% 72.5% $38

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

Cost Breakdown

Salaries run about 501% higher in Montreal, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $70.0 in Montreal versus $29.00 in Cerro de Pasco. Monthly groceries follow the same trend: $346 vs $203 – making Cerro de Pasco the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇵🇪 Cerro de Pasco

🕒 Local time

16:29 4:29 PM

15:29 3:29 PM

1 h behind Montreal

🌤 Weather

👥 Population

1,762,949

58,899

💱 Currency

Canadian Dollar CAD $

Peruvian Sol PEN S/

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Peruvian Sol exchange rates as of October 17, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

USD to CAD in detail →

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Montreal Cerro de Pasco 6,250 km ≈ 8 h nonstop flight

From you

Montreal
Cerro de Pasco

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 Cerro de Pasco: Cost of Living - Frequently Asked Questions

Yes – Montreal is pricier by about 264%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,027 per month in Montreal and $832 in Cerro de Pasco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $70.0 in Montreal and $29.00 in Cerro de Pasco. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 71% more in Montreal, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Cerro de Pasco, where all-in costs run around $555, than in Montreal at $2,018. In Cerro de Pasco it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

Families tend to lean toward Cerro de Pasco – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Cerro de Pasco. If higher salaries, better infrastructure, or specific career opportunities are the priority, Montreal makes more sense. Both are solid long-term options with distinct trade-offs.