Last update: Nov 2026

Cost of Living Comparison Between Montreal and Coro

For one person, living is cheaper in Coro: $585 a month against $2,067 in Montreal, rent and utilities included – about $17,800 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
28

Cost of Living Index in Coro
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Coro Living Index

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Montreal

🇨🇦 Canada

$2,067

/mo nomad

Coro

🇻🇪 Venezuela

$585

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Coro

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

Monthly costs for one person with rent: $2,067 in Montreal versus $585 in Coro.

Montreal $2,067
Coro $585

Estimated couple costs with rent: $3,179 in Montreal versus $1,030 in Coro.

Montreal $3,179
Coro $1,030

Monthly costs for a family of three with rent: $4,291 in Montreal versus $1,475 in Coro.

Montreal $4,291
Coro $1,475

Living in Montreal is roughly 253% more expensive than in Coro, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Montreal is 53% above, Coro is 57% below.

Meal at Budget Restaurant

$18.89 CA$26.48

$5.88 VES 5,244

221.26%

Three-Course Dinner for Two, Mid-Range

$72.6 CA$102

$29.86 VES 26.7K

143.00%

Fast Food Meal (McDonalds, etc)

$10.79 CA$15.13

$10.02 VES 8,945

7.68%

Cappuccino

$3.98 CA$5.58

$2.79 VES 2,493

42.65%

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

$2.02 CA$2.83

$1.42 VES 1,270

42.25%

Water (0.33 liter bottle)

$1.63 CA$2.29

$1.01 VES 899

61.39%

Local Beer (0.5 liter draught)

$6.32 CA$8.86

$1.26 VES 1,121

401.59%

Imported Beer (0.33 liter bottle)

$7.06 CA$9.90

$3.04 VES 2,712

132.24%

Milk (1 liter)

$2.33 CA$3.27

$1.87 VES 1,672

24.60%

White Bread (500g)

$3.25 CA$4.55

$1.26 VES 1,127

157.94%

Rice (white) (1kg)

$3.26 CA$4.58

$1.38 VES 1,230

136.23%

Eggs

$3.48 CA$4.87

$1.83 VES 1,635

90.16%

Local Cheese (1kg)

$13.73 CA$19.25

$6.20 VES 5,535

121.45%

Chicken Fillets (1kg)

$11.48 CA$16.09

$6.91 VES 6,168

66.14%

Beef Round Steak (1kg)

$14.26 CA$19.99

$6.84 VES 6,104

108.48%

Apples (1kg)

$3.52 CA$4.94

$4.18 VES 3,734

-15.79%

Banana (1kg)

$1.46 CA$2.04

$1.46 VES 1,301

Oranges (1kg)

$3.41 CA$4.78

$0.62 VES 549

450.00%

Tomato (1kg)

$3.20 CA$4.49

$2.64 VES 2,356

21.21%

Potato (1kg)

$1.94 CA$2.71

$2.82 VES 2,521

-31.21%

Onion (1kg)

$1.78 CA$2.50

$2.01 VES 1,795

-11.44%

Lettuce (1 head)

$2.52 CA$3.53

$0.51 VES 458

394.12%

Water (1.5 liter bottle)

$1.58 CA$2.22

$1.98 VES 1,768

-20.20%

Cigarettes 20 Pack (Marlboro, Camel)

$11.51 CA$16.13

$1.94 VES 1,734

493.30%

Wine (Bottle)

$10.57 CA$14.82

$10.19 VES 9,099

3.73%

Local Beer (0.5 liter bottle)

$2.35 CA$3.29

$1.36 VES 1,213

72.79%

Imported Beer (0.33 liter bottle)

$2.90 CA$4.06

$1.23 VES 1,100

135.77%

One-way Ticket (Public Transport)

$2.61 CA$3.66

$0.32 VES 283

715.63%

Public Transport Monthly Pass (Regular Price)

$78.5 CA$110

$22.05 VES 19.7K

255.78%

Taxi Start (Normal Tariff)

$3.17 CA$4.45

$2.96 VES 2,642

7.09%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.09

$1.48 VES 1,322

0.68%

Taxi 1hour Waiting (Normal Tariff)

$33.49 CA$46.94

$6.10 VES 5,445

449.02%

Gasoline (1 liter)

$1.36 CA$1.91

$0.48 VES 424

183.33%

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

$28.0K CA$39.3K

$27.9K VES 24.9M

0.40%

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

$21.1K CA$29.6K

$35.5K VES 31.7M

-40.49%

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

$77.6 CA$109

$9.88 VES 8,815

685.22%

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

$35.63 CA$49.94

$8.70 VES 7,766

309.54%

Internet (50+ Mbps, Unlimited Data)

$43.73 CA$61.3

$25.42 VES 22.7K

72.03%

Gym Membership (Monthly)

$30.07 CA$42.16

$9.90 VES 8,838

203.74%

Tennis Court (1 Hour on Weekend)

$19.97 CA$27.99

$12.16 VES 10.9K

64.23%

Cinema Ticket

$11.27 CA$15.80

$1.96 VES 1,754

475.00%

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

$522 CA$732

$34.95 VES 31.2K

1393.59%

International Primary School, 1 Child (Yearly)

$17.8K CA$24.9K

$2,982 VES 2.7M

496.70%

Jeans (Levis 501 Or Similar)

$59.0 CA$82.7

$25.26 VES 22.5K

133.45%

Summer Dress (H&M, Zara, etc)

$39.01 CA$54.7

$46.44 VES 41.5K

-16.00%

Sport Shoes (Adidas, Nike)

$99.8 CA$140

$79.6 VES 71.1K

25.34%

Men's Leather Business Shoes

$110 CA$154

$47.53 VES 42.4K

130.72%

1-bedroom Apartment, City Center (Monthly)

$1,298 CA$1,820

$119 VES 106.0K

993.64%

1-bedroom Apartment, Outside City Center (Monthly)

$970 CA$1,360

$40.29 VES 36.0K

2308.46%

3-bedroom Apartment, City Center (Monthly)

$2,323 CA$3,257

$407 VES 363.2K

470.94%

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,368

$180 VES 160.3K

840.44%

Buy Apartment in City Center (m2)

$5,004 CA$7,014

$605 VES 540.3K

726.61%

Buy Apartment Outside City Center (m2)

$3,736 CA$5,237

$732 VES 653.3K

410.54%

Average Monthly Net Salary (After Tax)

$2,943 CA$4,125

$134 VES 119.6K

2097.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.51

-77.45%

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

Last update for Montreal: November 3, 2026

Last update for Coro: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$970 47%

Coro

$40 6.9% 95.8% $930

Groceries & Markets

Montreal

$357 17.3%

Coro

$231 39.5% 35.3% $126

Eating Out

Montreal

$292 14.1%

Coro

$133 22.7% 54.5% $159

Monthly Utilities & Internet

Montreal

$157 7.6%

Coro

$44 7.5% 72% $113

Clothing & Footwear

Montreal

$138 6.7%

Coro

$89 15.3% 35.3% $49

Getting Around

Montreal

$100 4.8%

Coro

$34 5.8% 66.2% $66

Sport & Entertainment

Montreal

$53 2.6%

Coro

$14 2.4% 73.7% $39

Cost Breakdown

A one-bedroom apartment in the center runs $1,298 in Montreal and $119 in Coro. Housing cost is often the main lever when comparing two cities.

Montreal pays about 22 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $73 in Montreal vs $30 in Coro for a mid-range dinner for two. Groceries echo the gap at $357 vs $231 per month, with Coro cheaper across the board.

Good to know

🇨🇦 Montreal

🇻🇪 Coro

🕒 Local time

20:36 8:36 PM

21:36 9:36 PM

1 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

211,266

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

10,000 VES = 11.2 USD

10,000 VES = 9.98 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

Venezuelan Bolívar exchange rates as of November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,002 VES (10,000 VES = 9.98 EUR).

USD to CAD in detail →

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Montreal Coro 3,810 km ≈ 5 h nonstop flight

From you

Montreal
Coro

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 Coro: Cost of Living - Frequently Asked Questions

Coro wins on cost – living expenses run 72% lower than in Montreal. Housing and daily spending are where you’ll feel the difference most, making Coro the obvious pick if budget is a priority.

Average pay in Montreal is about 22 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,298 in Montreal versus $119 in Coro. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,067 per month in Montreal versus $585 in Coro – Coro is about 72% cheaper, which adds up to real savings over time.

A monthly transit pass in Coro runs roughly 72% less than in Montreal. The price difference matters if you commute daily and watch your budget.

At $585 in Coro versus $2,067 in Montreal, a $800 budget is realistic in Coro but tight or insufficient in Montreal. The gap between the two cities makes Coro the clear choice for anyone on this budget.

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.

Expats usually find Coro gentler on the wallet – expenses run 72% less than in Montreal. Beyond cost, consider language, visa policies, and how big the international community is in each city.