Last update: Nov 2026

Cost of Living Comparison Between Montreal and Hope

For one person, living is cheaper in Montreal: $2,067 a month against $2,310 in Hope, rent and utilities included – about $2,900 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
110

Cost of Living Index in Hope
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Hope Living Index

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Montreal

🇨🇦 Canada

$2,067

/mo nomad

Hope

🇨🇦 Canada

$2,310

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Hope

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

A single person spends $2,067 per month in Montreal vs $2,310 in Hope, rent included.

Montreal $2,067
Hope $2,310

A couple spends around $3,179 per month in Montreal vs $3,265 in Hope, rent included.

Montreal $3,179
Hope $3,265

A family of three spends $4,291 per month in Montreal vs $4,220 in Hope, rent included.

Montreal $4,291
Hope $4,220

Montreal is about 11% cheaper than Hope, and outside of rent the biggest gap is in groceries.

Both Montreal and Hope sit above the global median – Montreal by 53%, Hope by 71%.

Meal at Budget Restaurant

$18.89 CA$26.36

$14.23 CA$19.85

32.75%

Three-Course Dinner for Two, Mid-Range

$72.6 CA$101

$49.46 CA$69.0

46.70%

Fast Food Meal (McDonalds, etc)

$10.79 CA$15.06

$9.35 CA$13.04

15.40%

Cappuccino

$3.98 CA$5.55

$4.55 CA$6.35

-12.53%

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

$2.02 CA$2.81

$1.47 CA$2.06

37.41%

Water (0.33 liter bottle)

$1.63 CA$2.28

$1.78 CA$2.49

-8.43%

Local Beer (0.5 liter draught)

$6.32 CA$8.82

$4.53 CA$6.32

39.51%

Imported Beer (0.33 liter bottle)

$7.06 CA$9.85

$5.81 CA$8.10

21.51%

Milk (1 liter)

$2.33 CA$3.26

$2.33 CA$3.25

White Bread (500g)

$3.25 CA$4.53

$2.80 CA$3.90

16.07%

Rice (white) (1kg)

$3.26 CA$4.55

$3.58 CA$5.00

-8.94%

Eggs

$3.48 CA$4.85

$3.17 CA$4.42

9.78%

Local Cheese (1kg)

$13.73 CA$19.16

$13.89 CA$19.37

-1.15%

Chicken Fillets (1kg)

$11.48 CA$16.01

$13.72 CA$19.14

-16.33%

Beef Round Steak (1kg)

$14.26 CA$19.90

$24.98 CA$34.86

-42.91%

Apples (1kg)

$3.52 CA$4.91

$4.33 CA$6.04

-18.71%

Banana (1kg)

$1.46 CA$2.03

$1.31 CA$1.83

11.45%

Oranges (1kg)

$3.41 CA$4.76

$4.39 CA$6.12

-22.32%

Tomato (1kg)

$3.20 CA$4.47

$4.54 CA$6.33

-29.52%

Potato (1kg)

$1.94 CA$2.70

$2.82 CA$3.94

-31.21%

Onion (1kg)

$1.78 CA$2.49

$3.70 CA$5.16

-51.89%

Lettuce (1 head)

$2.52 CA$3.52

$2.75 CA$3.84

-8.36%

Water (1.5 liter bottle)

$1.58 CA$2.21

$2.13 CA$2.97

-25.82%

Cigarettes 20 Pack (Marlboro, Camel)

$11.51 CA$16.05

$14.26 CA$19.89

-19.28%

Wine (Bottle)

$10.57 CA$14.75

$13.65 CA$19.04

-22.56%

Local Beer (0.5 liter bottle)

$2.35 CA$3.27

$2.11 CA$2.94

11.37%

Imported Beer (0.33 liter bottle)

$2.90 CA$4.04

$2.45 CA$3.42

18.37%

One-way Ticket (Public Transport)

$2.61 CA$3.65

$2.27 CA$3.17

14.98%

Public Transport Monthly Pass (Regular Price)

$78.5 CA$109

$63.2 CA$88.1

24.21%

Taxi Start (Normal Tariff)

$3.17 CA$4.43

$2.91 CA$4.06

8.93%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.08

$1.52 CA$2.13

-1.97%

Taxi 1hour Waiting (Normal Tariff)

$33.49 CA$46.73

$26.62 CA$37.14

25.81%

Gasoline (1 liter)

$1.36 CA$1.90

$1.30 CA$1.81

4.62%

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

$28.0K CA$39.1K

$27.8K CA$38.7K

0.93%

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

$21.1K CA$29.5K

$20.7K CA$28.8K

2.26%

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

$77.6 CA$108

$127 CA$177

-38.75%

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

$35.63 CA$49.71

$44.87 CA$62.6

-20.59%

Internet (50+ Mbps, Unlimited Data)

$43.73 CA$61.0

$53.5 CA$74.6

-18.19%

Gym Membership (Monthly)

$30.07 CA$41.96

$37.54 CA$52.4

-19.90%

Tennis Court (1 Hour on Weekend)

$19.97 CA$27.86

$18.38 CA$25.64

8.65%

Cinema Ticket

$11.27 CA$15.73

$14.38 CA$20.06

-21.63%

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

$522 CA$728

$657 CA$917

-20.59%

International Primary School, 1 Child (Yearly)

$17.8K CA$24.8K

$13.4K CA$18.7K

33.00%

Jeans (Levis 501 Or Similar)

$59.0 CA$82.3

$52.5 CA$73.3

12.30%

Summer Dress (H&M, Zara, etc)

$39.01 CA$54.4

$45.90 CA$64.1

-15.01%

Sport Shoes (Adidas, Nike)

$99.8 CA$139

$70.4 CA$98.2

41.77%

Men's Leather Business Shoes

$110 CA$153

$71.0 CA$99.1

54.45%

1-bedroom Apartment, City Center (Monthly)

$1,298 CA$1,812

$1,270 CA$1,772

2.24%

1-bedroom Apartment, Outside City Center (Monthly)

$970 CA$1,354

$1,156 CA$1,612

-16.02%

3-bedroom Apartment, City Center (Monthly)

$2,323 CA$3,242

$1,999 CA$2,789

16.24%

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,357

$1,656 CA$2,310

2.03%

Buy Apartment in City Center (m2)

$5,004 CA$6,981

$4,366 CA$6,091

14.61%

Buy Apartment Outside City Center (m2)

$3,736 CA$5,213

$3,619 CA$5,049

3.25%

Average Monthly Net Salary (After Tax)

$2,943 CA$4,106

$2,991 CA$4,173

-1.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.51

4.76

-5.25%

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

Last update for Montreal: November 3, 2026

Last update for Hope: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$970 47%

Hope

$1.2K 50% 19.1% $185

Groceries & Markets

Montreal

$357 17.3%

Hope

$428 18.6% 19.9% $71

Eating Out

Montreal

$292 14.1%

Hope

$244 10.6% 16.4% $48

Monthly Utilities & Internet

Montreal

$157 7.6%

Hope

$225 9.7% 43.4% $68

Clothing & Footwear

Montreal

$138 6.7%

Hope

$108 4.7% 22% $30

Getting Around

Montreal

$100 4.8%

Hope

$83 3.6% 16.8% $17

Sport & Entertainment

Montreal

$53 2.6%

Hope

$66 2.9% 26% $14

Cost Breakdown

A central one-bedroom costs $1,298 in Montreal versus $1,270 in Hope. 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 in Montreal versus $49 in Hope. Groceries tell a different story – $357 in Montreal vs $428 in Hope – so Montreal wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Montreal

🇨🇦 Hope

🕒 Local time

11:01 11:01 AM

09:01 9:01 AM

2 h behind Montreal

🌤 Weather

👥 Population

1,762,949

6,200

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.717 USD

1 CAD = 0.64 EUR

1 CAD = 0.717 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

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Between locations

Montreal Hope 3,560 km ≈ 5 h nonstop flight

From you

Montreal
Hope

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 Hope: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,067 in Montreal, $2,310 in Hope – Montreal comes out roughly 11% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,100 per month in Montreal and $3,464 in Hope. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,298 in Montreal and $1,270 in Hope. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

A mid-range dinner for two costs $73 in Montreal and $49 in Hope. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,067 in Montreal and $2,310 in Hope. That makes Montreal about 11% cheaper.

$2,000 is a stretch for both – monthly costs hit $2,067 in Montreal and $2,310 in Hope. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Montreal has an edge in some lifestyle areas, with costs from $2,067 in Montreal to $2,310 in Hope. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.