Last update: Oct 2026

Cost of Living Comparison Between Montreal and Edgewood, NM

For one person, living is cheaper in Montreal: $2,003 a month against $2,689 in Edgewood, NM, rent and utilities included – about $8,200 less a year. Rent and utilities account for most of the difference.

Montreal
🇨🇦 Canada
$2,003
/mo nomad
Edgewood, NM
🇺🇸 United States
$2,689
/mo nomad
Monthly Cost of Living

How much you'll spend in Montreal and in Edgewood, NM

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

A single person spends $2,003 per month in Montreal vs $2,689 in Edgewood, NM, rent included.

  • Montreal $2,003
  • Edgewood, NM $2,689

A couple spends around $3,048 per month in Montreal vs $3,940 in Edgewood, NM, rent included.

  • Montreal $3,048
  • Edgewood, NM $3,940

A family of three spends $4,092 per month in Montreal vs $5,192 in Edgewood, NM, rent included.

  • Montreal $4,092
  • Edgewood, NM $5,192

Montreal is about 25% cheaper than Edgewood, NM, and outside of rent the biggest gap is in groceries.

Both Montreal and Edgewood, NM sit above the global median – Montreal by 49%, Edgewood, NM by 101%.

Currency
🍽 Eating Out
Montreal
Edgewood, NM
Difference
Meal at Budget Restaurant
$19.31 CA$27.52
$16.87 $16.87
14.46%
Three-Course Dinner for Two, Mid-Range
$75.5 CA$108
$76.9 $76.9
-1.76%
Fast Food Meal (McDonalds, etc)
$10.63 CA$15.15
$11.87 $11.87
-10.45%
Cappuccino
$3.93 CA$5.60
$5.75 $5.75
-31.65%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.92 CA$2.73
$2.85 $2.85
-32.63%
Water (0.33 liter bottle)
$1.48 CA$2.11
$2.41 $2.41
-38.59%
Local Beer (0.5 liter draught)
$6.30 CA$8.98
$6.22 $6.22
1.29%
Imported Beer (0.33 liter bottle)
$7.19 CA$10.24
$6.87 $6.87
4.66%
🛒 Groceries & Markets
Montreal
Edgewood, NM
Difference
Milk (1 liter)
$2.22 CA$3.17
$1.17 $1.17
89.74%
White Bread (500g)
$3.06 CA$4.36
$4.38 $4.38
-30.14%
Rice (white) (1kg)
$2.94 CA$4.19
$5.49 $5.49
-46.45%
Eggs
$3.53 CA$5.03
$4.23 $4.23
-16.55%
Local Cheese (1kg)
$13.19 CA$18.79
$16.92 $16.92
-22.04%
Chicken Fillets (1kg)
$11.24 CA$16.02
$21.06 $21.06
-46.63%
Beef Round Steak (1kg)
$13.81 CA$19.69
$16.81 $16.81
-17.85%
Apples (1kg)
$3.40 CA$4.85
$5.83 $5.83
-41.68%
Banana (1kg)
$1.44 CA$2.06
$1.82 $1.82
-20.88%
Oranges (1kg)
$3.26 CA$4.65
$3.92 $3.92
-16.84%
Tomato (1kg)
$2.88 CA$4.10
$4.29 $4.29
-32.87%
Potato (1kg)
$1.86 CA$2.65
$2.81 $2.81
-33.81%
Onion (1kg)
$1.82 CA$2.60
$2.05 $2.05
-11.22%
Lettuce (1 head)
$2.43 CA$3.46
$2.50 $2.50
-2.80%
Water (1.5 liter bottle)
$1.52 CA$2.17
$2.55 $2.55
-40.39%
Cigarettes 20 Pack (Marlboro, Camel)
$11.45 CA$16.32
$10.63 $10.63
7.71%
Wine (Bottle)
$10.36 CA$14.76
$16.03 $16.03
-35.37%
Local Beer (0.5 liter bottle)
$2.22 CA$3.16
$2.13 $2.13
4.23%
Imported Beer (0.33 liter bottle)
$2.82 CA$4.02
$4.06 $4.06
-30.54%
🚌 Getting Around
Montreal
Edgewood, NM
Difference
One-way Ticket (Public Transport)
$2.58 CA$3.67
$1.94 $1.94
32.99%
Public Transport Monthly Pass (Regular Price)
$76.9 CA$110
-
-
Taxi Start (Normal Tariff)
$3.25 CA$4.64
$2.83 $2.83
14.84%
Taxi (Normal Tariff) (1km)
$1.48 CA$2.11
$1.54 $1.54
-3.90%
Taxi 1hour Waiting (Normal Tariff)
$33.04 CA$47.09
$32.61 $32.61
1.32%
Gasoline (1 liter)
$1.36 CA$1.94
$1.09 $1.09
24.77%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.4K CA$39.1K
$30.9K $30.9K
-11.28%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.0K CA$28.5K
$24.6K $24.6K
-18.90%
🧾 Monthly Utilities & Internet
Montreal
Edgewood, NM
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$76.1 CA$109
$250 $250
-69.53%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$34.68 CA$49.43
$44.16 $44.16
-21.47%
Internet (50+ Mbps, Unlimited Data)
$42.69 CA$60.9
$94.9 $94.9
-55.03%
🎉 Sport & Entertainment
Montreal
Edgewood, NM
Difference
Gym Membership (Monthly)
$28.94 CA$41.26
$40.25 $40.25
-28.10%
Tennis Court (1 Hour on Weekend)
$20.33 CA$28.97
-
-
Cinema Ticket
$11.21 CA$15.98
$18.10 $18.10
-38.07%
🧸 Childcare & Education
Montreal
Edgewood, NM
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$505 CA$720
$1,367 $1,367
-63.06%
International Primary School, 1 Child (Yearly)
$16.0K CA$22.8K
$15.3K $15.3K
4.37%
👕👟 Clothing & Footwear
Montreal
Edgewood, NM
Difference
Jeans (Levis 501 Or Similar)
$58.5 CA$83.4
$62.0 $62.0
-5.60%
Summer Dress (H&M, Zara, etc)
$38.00 CA$54.2
$57.0 $57.0
-33.36%
Sport Shoes (Adidas, Nike)
$92.7 CA$132
$78.4 $78.4
18.22%
Men's Leather Business Shoes
$106 CA$151
$114 $114
-7.05%
🏠 Accommodation & Living
Montreal
Edgewood, NM
Difference
1-bedroom Apartment, City Center (Monthly)
$1,240 CA$1,768
$1,567 $1,567
-20.85%
1-bedroom Apartment, Outside City Center (Monthly)
$986 CA$1,405
$1,310 $1,310
-24.71%
3-bedroom Apartment, City Center (Monthly)
$2,102 CA$2,996
$2,452 $2,452
-14.26%
3-bedroom Apartment, Outside City Center (Monthly)
$1,615 CA$2,302
$2,176 $2,176
-25.78%
Buy Apartment in City Center (m2)
$5,043 CA$7,188
$2,375 $2,375
112.37%
Buy Apartment Outside City Center (m2)
$3,830 CA$5,459
$2,634 $2,634
45.39%
💵 Salaries & Financials
Montreal
Edgewood, NM
Difference
Average Monthly Net Salary (After Tax)
$2,920 CA$4,163
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.46
6.64
-32.83%

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

Last update for Montreal: October 6, 2026

Last update for Edgewood, NM: October 5, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Montreal
$986
Edgewood, NM
$1.3K 32.8% $324
Groceries & Markets
Montreal
$344
Edgewood, NM
$482 40.3% $138
Eating Out
Montreal
$293
Edgewood, NM
$305 4.3% $13
Monthly Utilities & Internet
Montreal
$154
Edgewood, NM
$389 153% $235
Clothing & Footwear
Montreal
$133
Edgewood, NM
$140 5.5% $7.3
Getting Around
Montreal
$98
Edgewood, NM
$18 * 81.3% $80
Sport & Entertainment
Montreal
$51
Edgewood, NM
$76 48.9% $25

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

Cost Breakdown

A central one-bedroom costs $1,240 in Montreal versus $1,567 in Edgewood, NM. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $75.0 in Montreal versus $77.0 in Edgewood, NM. Monthly groceries follow the same trend: $344 vs $482 – making Montreal the more affordable choice for daily food spending.

Good to know
🇨🇦 Montreal
🇺🇸 Edgewood, NM
🕒 Local time
20:14 8:14 PM
18:14 6:14 PM
2 h behind Montreal
🌤 Weather
👥 Population
1,762,949
6,000
Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of October 11, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

United States Dollar exchange rates as of October 11, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

On the map
Between locations
  • Montreal Edgewood, NM 2,980 km ≈ 4 h 15 min nonstop flight
From you
  • Montreal
  • Edgewood, NM

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 Edgewood, NM: Cost of Living - Frequently Asked Questions
Is Edgewood, NM cheaper than Montreal?
Yes – Edgewood, NM is pricier by about 34%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $3,005 per month in Montreal and $4,033 in Edgewood, NM. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Montreal, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Montreal or in Edgewood, NM?
A mid-range dinner for two costs $75.0 in Montreal and $77.0 in Edgewood, NM. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Montreal and in Edgewood, NM?
Groceries cost about 40% more in Edgewood, NM, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,000 a realistic budget for living in Montreal or in Edgewood, NM?
A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,003, than in Edgewood, NM at $2,689. In Montreal it covers expenses comfortably, while in Edgewood, NM it requires careful planning or may not stretch far enough.
Is Montreal or Edgewood, NM more family-friendly?
Families tend to lean toward Montreal – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Montreal or Edgewood, NM?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Montreal. If higher salaries, better infrastructure, or specific career opportunities are the priority, Edgewood, NM makes more sense. Both are solid long-term options with distinct trade-offs.

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