Last update: Oct 2026

Cost of Living Comparison Between Montreal and Fort Madison, IA

For one person, living is cheaper in Montreal: $2,059 a month against $2,559 in Fort Madison, IA, rent and utilities included – about $6,000 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
124

Cost of Living Index in Fort Madison, IA
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Fort Madison, IA Living Index

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Montreal

🇨🇦 Canada

$2,059

/mo nomad

Fort Madison, IA

🇺🇸 United States

$2,559

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Fort Madison, IA

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 Fort Madison, IA actually costs, broken down by who's living it.

A single person spends $2,059 per month in Montreal vs $2,559 in Fort Madison, IA, rent included.

Montreal $2,059
Fort Madison, IA $2,559

A couple spends around $3,123 per month in Montreal vs $3,754 in Fort Madison, IA, rent included.

Montreal $3,123
Fort Madison, IA $3,754

A family of three spends $4,187 per month in Montreal vs $4,950 in Fort Madison, IA, rent included.

Montreal $4,187
Fort Madison, IA $4,950

Montreal is about 20% cheaper than Fort Madison, IA, and outside of rent the biggest gap is in transport.

Both Montreal and Fort Madison, IA sit above the global median – Montreal by 52%, Fort Madison, IA by 89%.

Meal at Budget Restaurant

$18.84 CA$26.63

$19.82 $19.82

-4.94%

Three-Course Dinner for Two, Mid-Range

$73.2 CA$104

$76.2 $76.2

-3.87%

Fast Food Meal (McDonalds, etc)

$10.54 CA$14.90

$11.40 $11.40

-7.54%

Cappuccino

$3.97 CA$5.61

$5.49 $5.49

-27.69%

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

$1.94 CA$2.74

$2.63 $2.63

-26.24%

Water (0.33 liter bottle)

$1.57 CA$2.22

$1.98 $1.98

-20.71%

Local Beer (0.5 liter draught)

$6.42 CA$9.08

$6.13 $6.13

4.73%

Imported Beer (0.33 liter bottle)

$7.20 CA$10.19

$7.37 $7.37

-2.31%

Milk (1 liter)

$2.32 CA$3.28

$1.05 $1.05

120.95%

White Bread (500g)

$3.19 CA$4.51

$3.45 $3.45

-7.54%

Rice (white) (1kg)

$3.19 CA$4.50

$4.30 $4.30

-25.81%

Eggs

$3.68 CA$5.20

$4.15 $4.15

-11.33%

Local Cheese (1kg)

$13.24 CA$18.72

$12.60 $12.60

5.08%

Chicken Fillets (1kg)

$11.69 CA$16.53

$11.33 $11.33

3.18%

Beef Round Steak (1kg)

$13.98 CA$19.76

$17.07 $17.07

-18.10%

Apples (1kg)

$3.14 CA$4.44

$4.89 $4.89

-35.79%

Banana (1kg)

$1.45 CA$2.05

$1.58 $1.58

-8.23%

Oranges (1kg)

$3.38 CA$4.78

$4.23 $4.23

-20.09%

Tomato (1kg)

$3.11 CA$4.40

$4.82 $4.82

-35.48%

Potato (1kg)

$1.93 CA$2.72

$2.84 $2.84

-32.04%

Onion (1kg)

$1.83 CA$2.58

$2.94 $2.94

-37.76%

Lettuce (1 head)

$2.36 CA$3.34

$2.14 $2.14

10.28%

Water (1.5 liter bottle)

$1.50 CA$2.12

$2.21 $2.21

-32.13%

Cigarettes 20 Pack (Marlboro, Camel)

$11.12 CA$15.73

$10.10 $10.10

10.10%

Wine (Bottle)

$10.60 CA$14.98

$15.04 $15.04

-29.52%

Local Beer (0.5 liter bottle)

$2.22 CA$3.14

$1.68 $1.68

32.14%

Imported Beer (0.33 liter bottle)

$2.84 CA$4.01

$3.00 $3.00

-5.33%

One-way Ticket (Public Transport)

$2.62 CA$3.71

$2.27 $2.27

15.42%

Public Transport Monthly Pass (Regular Price)

$79.1 CA$112

Taxi Start (Normal Tariff)

$3.23 CA$4.56

$3.33 $3.33

-3.00%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.10

$1.76 $1.76

-15.91%

Taxi 1hour Waiting (Normal Tariff)

$32.22 CA$45.55

$31.70 $31.70

1.64%

Gasoline (1 liter)

$1.36 CA$1.92

$0.92 $0.92

47.83%

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

$27.6K CA$39.1K

$26.6K $26.6K

4.11%

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

$21.2K CA$30.0K

$23.8K $23.8K

-11.01%

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

$77.0 CA$109

$201 $201

-61.76%

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

$34.14 CA$48.26

$59.0 $59.0

-42.14%

Internet (50+ Mbps, Unlimited Data)

$42.19 CA$59.7

$71.0 $71.0

-40.56%

Gym Membership (Monthly)

$30.81 CA$43.56

$41.05 $41.05

-24.95%

Tennis Court (1 Hour on Weekend)

$19.66 CA$27.79

Cinema Ticket

$11.47 CA$16.22

$14.14 $14.14

-18.88%

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

$506 CA$716

$1,439 $1,439

-64.83%

International Primary School, 1 Child (Yearly)

$16.2K CA$23.0K

$23.7K $23.7K

-31.54%

Jeans (Levis 501 Or Similar)

$57.3 CA$81.0

$53.8 $53.8

6.49%

Summer Dress (H&M, Zara, etc)

$38.10 CA$53.9

$40.89 $40.89

-6.82%

Sport Shoes (Adidas, Nike)

$91.9 CA$130

$88.0 $88.0

4.45%

Men's Leather Business Shoes

$110 CA$155

$115 $115

-4.34%

1-bedroom Apartment, City Center (Monthly)

$1,237 CA$1,748

$1,582 $1,582

-21.80%

1-bedroom Apartment, Outside City Center (Monthly)

$977 CA$1,381

$1,287 $1,287

-24.12%

3-bedroom Apartment, City Center (Monthly)

$2,180 CA$3,082

$2,533 $2,533

-13.94%

3-bedroom Apartment, Outside City Center (Monthly)

$1,608 CA$2,273

$2,141 $2,141

-24.90%

Buy Apartment in City Center (m2)

$5,113 CA$7,228

$2,414 $2,414

111.78%

Buy Apartment Outside City Center (m2)

$3,744 CA$5,293

$2,589 $2,589

44.64%

Average Monthly Net Salary (After Tax)

$2,957 CA$4,180

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

6.57

-31.81%

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

Last update for Montreal: October 20, 2026

Last update for Fort Madison, IA: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$977 47.4%

Fort Madison, IA

$1.3K 50.3% 31.8% $310

Groceries & Markets

Montreal

$351 17.1%

Fort Madison, IA

$393 15.4% 12% $42

Eating Out

Montreal

$290 14.1%

Fort Madison, IA

$322 12.6% 11% $32

Monthly Utilities & Internet

Montreal

$153 7.5%

Fort Madison, IA

$331 13% 116% $178

Clothing & Footwear

Montreal

$134 6.5%

Fort Madison, IA

$134 5.2% 0.1% $0.2

Getting Around

Montreal

$100 4.9%

Fort Madison, IA

$21 * 0.8% 78.8% $79

Sport & Entertainment

Montreal

$54 2.6%

Fort Madison, IA

$69 2.7% 29% $16

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

Cost Breakdown

A central one-bedroom costs $1,237 in Montreal versus $1,582 in Fort Madison, IA. 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 $73.0 in Montreal versus $76.0 in Fort Madison, IA. Monthly groceries follow the same trend: $351 vs $393 – making Montreal the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇺🇸 Fort Madison, IA

🕒 Local time

13:14 1:14 PM

12:14 12:14 PM

1 h behind Montreal

🌤 Weather

👥 Population

1,762,949

10,270

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 20, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Montreal Fort Madison, IA 1,540 km ≈ 2 h 30 min nonstop flight

From you

Montreal
Fort Madison, IA

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 Fort Madison, IA: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,059 in Montreal, $2,559 in Fort Madison, IA – roughly 24% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,089 per month in Montreal and $3,838 in Fort Madison, IA. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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.

A mid-range dinner for two costs $73.0 in Montreal and $76.0 in Fort Madison, IA. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 12% more in Fort Madison, IA, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,059, than in Fort Madison, IA at $2,559. In Montreal it covers expenses comfortably, while in Fort Madison, IA 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 $2,059 in Montreal to $2,559 in Fort Madison, IA. Climate, culture, job market, and personal taste all factor in.

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 Montreal. If higher salaries, better infrastructure, or specific career opportunities are the priority, Fort Madison, IA makes more sense. Both are solid long-term options with distinct trade-offs.