Last update: Nov 2026

Cost of Living Comparison Between Montreal and Georgetown, Guyana

For one person, living is cheaper in Georgetown: $1,635 a month against $2,067 in Montreal, rent and utilities included – about $5,200 less a year. Rent and utilities account for most of the difference.

100

Cost of Living Index in Montreal
Learn more

Montreal Living Index
78

Cost of Living Index in Georgetown
Learn more

Georgetown Living Index

Jump to prices

Montreal

🇨🇦 Canada

$2,067

/mo nomad

Georgetown

🇬🇾 Guyana

$1,635

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Georgetown

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

A single person spends $2,067 per month in Montreal vs $1,635 in Georgetown, rent included.

Montreal $2,067
Georgetown $1,635

A couple spends around $3,179 per month in Montreal vs $2,774 in Georgetown, rent included.

Montreal $3,179
Georgetown $2,774

A family of three spends $4,291 per month in Montreal vs $3,913 in Georgetown, rent included.

Montreal $4,291
Georgetown $3,913

Montreal costs about 26% more than Georgetown, and outside of rent the biggest gap is in eating out.

Both Montreal and Georgetown sit above the global median – Montreal by 53%, Georgetown by 21%.

Meal at Budget Restaurant

$18.89 CA$26.57

$17.62 GYD 3,677

7.21%

Three-Course Dinner for Two, Mid-Range

$72.6 CA$102

$70.6 GYD 14.7K

2.83%

Fast Food Meal (McDonalds, etc)

$10.79 CA$15.18

$9.27 GYD 1,934

16.40%

Cappuccino

$3.98 CA$5.60

$5.86 GYD 1,223

-32.08%

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

$2.02 CA$2.84

$1.28 GYD 267

57.81%

Water (0.33 liter bottle)

$1.63 CA$2.29

$0.65 GYD 135

150.77%

Local Beer (0.5 liter draught)

$6.32 CA$8.89

$1.87 GYD 390

237.97%

Imported Beer (0.33 liter bottle)

$7.06 CA$9.93

$3.33 GYD 695

112.01%

Milk (1 liter)

$2.33 CA$3.28

$3.64 GYD 759

-35.99%

White Bread (500g)

$3.25 CA$4.57

$2.03 GYD 424

60.10%

Rice (white) (1kg)

$3.26 CA$4.59

$1.99 GYD 415

63.82%

Eggs

$3.48 CA$4.89

$3.93 GYD 821

-11.45%

Local Cheese (1kg)

$13.73 CA$19.31

$16.89 GYD 3,525

-18.71%

Chicken Fillets (1kg)

$11.48 CA$16.14

$7.21 GYD 1,504

59.22%

Beef Round Steak (1kg)

$14.26 CA$20.05

$9.28 GYD 1,937

53.66%

Apples (1kg)

$3.52 CA$4.95

$8.16 GYD 1,702

-56.86%

Banana (1kg)

$1.46 CA$2.05

$4.00 GYD 834

-63.50%

Oranges (1kg)

$3.41 CA$4.80

$4.15 GYD 867

-17.83%

Tomato (1kg)

$3.20 CA$4.50

$6.91 GYD 1,443

-53.69%

Potato (1kg)

$1.94 CA$2.72

$2.41 GYD 503

-19.50%

Onion (1kg)

$1.78 CA$2.50

$3.09 GYD 644

-42.39%

Lettuce (1 head)

$2.52 CA$3.54

$3.13 GYD 653

-19.49%

Water (1.5 liter bottle)

$1.58 CA$2.22

$1.68 GYD 351

-5.95%

Cigarettes 20 Pack (Marlboro, Camel)

$11.51 CA$16.18

$3.29 GYD 687

249.85%

Wine (Bottle)

$10.57 CA$14.87

$16.65 GYD 3,474

-36.52%

Local Beer (0.5 liter bottle)

$2.35 CA$3.30

$1.84 GYD 384

27.72%

Imported Beer (0.33 liter bottle)

$2.90 CA$4.07

$2.53 GYD 528

14.62%

One-way Ticket (Public Transport)

$2.61 CA$3.68

$0.58 GYD 122

350.00%

Public Transport Monthly Pass (Regular Price)

$78.5 CA$110

$60.6 GYD 12.7K

29.37%

Taxi Start (Normal Tariff)

$3.17 CA$4.46

$4.36 GYD 909

-27.29%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.10

$2.32 GYD 484

-35.78%

Taxi 1hour Waiting (Normal Tariff)

$33.49 CA$47.10

$11.73 GYD 2,449

185.51%

Gasoline (1 liter)

$1.36 CA$1.92

$1.09 GYD 227

24.77%

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

$28.0K CA$39.4K

$26.7K GYD 5.6M

4.92%

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

$21.1K CA$29.7K

$22.6K GYD 4.7M

-6.40%

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

$77.6 CA$109

$120 GYD 25.1K

-35.51%

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

$35.63 CA$50.1

$21.14 GYD 4,413

68.54%

Internet (50+ Mbps, Unlimited Data)

$43.73 CA$61.5

$43.76 GYD 9,131

-0.07%

Gym Membership (Monthly)

$30.07 CA$42.29

$37.80 GYD 7,888

-20.45%

Tennis Court (1 Hour on Weekend)

$19.97 CA$28.08

$15.24 GYD 3,180

31.04%

Cinema Ticket

$11.27 CA$15.85

$6.49 GYD 1,354

73.65%

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

$522 CA$734

$1,020 GYD 213.0K

-48.85%

International Primary School, 1 Child (Yearly)

$17.8K CA$25.0K

$13.6K GYD 2.8M

30.67%

Jeans (Levis 501 Or Similar)

$59.0 CA$82.9

$38.47 GYD 8,029

53.29%

Summer Dress (H&M, Zara, etc)

$39.01 CA$54.9

$41.04 GYD 8,564

-4.95%

Sport Shoes (Adidas, Nike)

$99.8 CA$140

$135 GYD 28.2K

-26.25%

Men's Leather Business Shoes

$110 CA$154

$83.1 GYD 17.3K

31.96%

1-bedroom Apartment, City Center (Monthly)

$1,298 CA$1,826

$954 GYD 199.1K

36.12%

1-bedroom Apartment, Outside City Center (Monthly)

$970 CA$1,365

$518 GYD 108.2K

87.18%

3-bedroom Apartment, City Center (Monthly)

$2,323 CA$3,267

$3,249 GYD 678.1K

-28.50%

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,376

$1,298 GYD 270.8K

30.18%

Buy Apartment in City Center (m2)

$5,004 CA$7,037

$3,604 GYD 752.2K

38.82%

Buy Apartment Outside City Center (m2)

$3,736 CA$5,255

$1,586 GYD 331.1K

135.54%

Average Monthly Net Salary (After Tax)

$2,943 CA$4,139

$506 GYD 105.6K

481.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.51

6.94

-35.01%

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

Last update for Montreal: November 3, 2026

Last update for Georgetown: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$970 47%

Georgetown

$518 31.7% 46.6% $452

Groceries & Markets

Montreal

$357 17.3%

Georgetown

$405 24.8% 13.2% $47

Eating Out

Montreal

$292 14.1%

Georgetown

$263 16.1% 9.9% $29

Monthly Utilities & Internet

Montreal

$157 7.6%

Georgetown

$185 11.3% 18% $28

Clothing & Footwear

Montreal

$138 6.7%

Georgetown

$134 8.2% 3.1% $4.3

Getting Around

Montreal

$100 4.8%

Georgetown

$79 4.8% 20.7% $21

Sport & Entertainment

Montreal

$53 2.6%

Georgetown

$51 3.1% 3.5% $1.8

Cost Breakdown

A central one-bedroom costs $1,298 in Montreal versus $954 in Georgetown. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Montreal are about 5.8 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $73 in Montreal versus $71 in Georgetown. Groceries tell a different story – $357 in Montreal vs $405 in Georgetown – so Montreal wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Montreal

🇬🇾 Georgetown

🕒 Local time

16:41 4:41 PM

17:41 5:41 PM

1 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

310,320 Capital

💱 Currency

Canadian Dollar CAD $

Guyanese Dollar GYD $

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.636 EUR

1,000 GYD = 4.79 USD

1,000 GYD = 4.29 EUR

Exchange rates and currency converter

GYD, 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 = 1.57 CAD (1 CAD = 0.636 EUR).

Guyanese Dollar exchange rates as of November 6, 2026: 1 USD = 209 GYD (1,000 GYD = 4.79 USD). 1 EUR = 233 GYD (1,000 GYD = 4.29 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Montreal Georgetown 4,550 km ≈ 6 h nonstop flight

From you

Montreal
Georgetown

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 Georgetown: Cost of Living - Frequently Asked Questions

Montreal costs about 26% more than Georgetown, and outside of rent the gap comes mainly from eating out. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,100 per month in Montreal and $2,452 in Georgetown. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Georgetown, especially for central apartments: a one-bedroom in the center costs $954 there versus $1,298 in Montreal.

Public transport costs about 23% less in Georgetown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $522 per month in Montreal and $1,020 in Georgetown. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Georgetown, where all-in costs run around $1,635, than in Montreal at $2,067. In Georgetown 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 $1,635 in Georgetown to $2,067 in Montreal. Climate, culture, job market, and personal taste all factor in.

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