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Cost of Living Comparison Between Montreal and Iqaluit, NU Cost of Living Comparison Between Montreal and Iqaluit, NU

🙂 Solo nomad: Montreal is 20.5% cheaper than Iqaluit, NU without rent, and 31.6% cheaper with rent.
🙂 Family of 3: Montreal is 24.7% cheaper than Iqaluit, NU without rent, and 19.5% cheaper with rent.
Currency
🍽 Eating Out
Montreal
Iqaluit, NU
Difference
Meal at Budget Restaurant
$16.33 CA$22.70
$31.40 CA$43.65
-47.99%
Three-Course Dinner for Two, Mid-Range
$72.4 CA$101
$65.7 CA$91.3
10.22%
Fast Food Meal (McDonalds, etc)
$11.12 CA$15.45
$12.94 CA$17.99
-14.06%
Cappuccino
$3.67 CA$5.10
$6.76 CA$9.39
-45.71%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.09 CA$2.90
$3.95 CA$5.48
-47.09%
Water (0.33 liter bottle)
$1.46 CA$2.03
$1.62 CA$2.25
-9.88%
Local Beer (0.5 liter draught)
$6.19 CA$8.60
$6.78 CA$9.42
-8.70%
Imported Beer (0.33 liter bottle)
$6.56 CA$9.12
$5.73 CA$7.97
14.49%
🛒 Groceries & Markets
Montreal
Iqaluit, NU
Difference
Milk (1 liter)
$2.31 CA$3.21
$2.53 CA$3.51
-8.70%
White Bread (500g)
$3.21 CA$4.46
$2.69 CA$3.74
19.33%
Rice (white) (1kg)
$3.81 CA$5.30
$2.90 CA$4.02
31.38%
Eggs
$3.35 CA$4.66
$4.41 CA$6.12
-24.04%
Local Cheese (1kg)
$15.88 CA$22.07
$11.79 CA$16.38
34.69%
Chicken Fillets (1kg)
$11.74 CA$16.32
$13.50 CA$18.77
-13.04%
Beef Round Steak (1kg)
$15.49 CA$21.53
$25.05 CA$34.82
-38.16%
Apples (1kg)
$3.66 CA$5.09
$2.01 CA$2.80
82.09%
Banana (1kg)
$1.63 CA$2.27
$3.02 CA$4.20
-46.03%
Oranges (1kg)
$3.95 CA$5.49
$2.01 CA$2.80
96.52%
Tomato (1kg)
$4.32 CA$6.00
$2.05 CA$2.85
110.73%
Potato (1kg)
$2.65 CA$3.68
$2.92 CA$4.06
-9.25%
Onion (1kg)
$2.68 CA$3.73
$3.95 CA$5.49
-32.15%
Lettuce (1 head)
$2.28 CA$3.17
$3.02 CA$4.20
-24.50%
Water (1.5 liter bottle)
$1.77 CA$2.46
$3.59 CA$5.00
-50.70%
Cigarettes 20 Pack (Marlboro, Camel)
$13.38 CA$18.60
$14.34 CA$19.93
-6.69%
Wine (Bottle)
$11.38 CA$15.82
$12.89 CA$17.91
-11.71%
Local Beer (0.5 liter bottle)
$3.00 CA$4.17
$1.48 CA$2.06
102.70%
Imported Beer (0.33 liter bottle)
$3.60 CA$5.01
$2.20 CA$3.05
63.64%
🚌 Getting Around
Montreal
Iqaluit, NU
Difference
One-way Ticket (Public Transport)
$2.82 CA$3.92
$2.31 CA$3.20
22.08%
Public Transport Monthly Pass (Regular Price)
$74.0 CA$103
$142 CA$197
-47.87%
Taxi Start (Normal Tariff)
$3.51 CA$4.88
$6.76 CA$9.40
-48.08%
Taxi (Normal Tariff) (1km)
$1.39 CA$1.93
$0.67 CA$0.94
107.46%
Taxi 1hour Waiting (Normal Tariff)
$34.34 CA$47.74
$25.38 CA$35.27
35.30%
Gasoline (1 liter)
$1.18 CA$1.64
$1.32 CA$1.83
-10.61%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$24.8K CA$34.5K
$50.0K CA$69.5K
-50.36%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.1K CA$30.7K
$46.1K CA$64.1K
-52.08%
🧾 Monthly Utilities & Internet
Montreal
Iqaluit, NU
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$76.1 CA$106
$118 CA$163
-35.31%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$36.49 CA$50.7
$55.2 CA$76.7
-33.85%
Internet (50+ Mbps, Unlimited Data)
$44.45 CA$61.8
$55.7 CA$77.5
-20.25%
🎉 Sport & Entertainment
Montreal
Iqaluit, NU
Difference
Gym Membership (Monthly)
$43.54 CA$60.5
$41.35 CA$57.5
5.30%
Tennis Court (1 Hour on Weekend)
$17.02 CA$23.65
$22.07 CA$30.67
-22.88%
Cinema Ticket
$11.10 CA$15.43
$8.19 CA$11.38
35.53%
🧸 Childcare & Education
Montreal
Iqaluit, NU
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$621 CA$863
$987 CA$1,372
-37.11%
International Primary School, 1 Child (Yearly)
$5,880 CA$8,173
$3,946 CA$5,485
49.01%
👕👟 Clothing & Footwear
Montreal
Iqaluit, NU
Difference
Jeans (Levis 501 Or Similar)
$62.6 CA$86.9
$63.4 CA$88.1
-1.33%
Summer Dress (H&M, Zara, etc)
$45.10 CA$62.7
$36.50 CA$50.7
23.56%
Sport Shoes (Adidas, Nike)
$102 CA$142
$103 CA$142
-0.41%
Men's Leather Business Shoes
$118 CA$164
$120 CA$167
-1.92%
🏠 Accommodation & Living
Montreal
Iqaluit, NU
Difference
1-bedroom Apartment, City Center (Monthly)
$1,225 CA$1,702
$1,705 CA$2,370
-28.19%
1-bedroom Apartment, Outside City Center (Monthly)
$963 CA$1,339
$1,599 CA$2,223
-39.75%
3-bedroom Apartment, City Center (Monthly)
$2,083 CA$2,896
$3,039 CA$4,224
-31.44%
3-bedroom Apartment, Outside City Center (Monthly)
$1,593 CA$2,214
$1,806 CA$2,510
-11.78%
Buy Apartment in City Center (m2)
$5,133 CA$7,135
$4,373 CA$6,079
17.37%
Buy Apartment Outside City Center (m2)
$4,160 CA$5,782
$3,615 CA$5,025
15.07%
💵 Salaries & Financials
Montreal
Iqaluit, NU
Difference
Average Monthly Net Salary (After Tax)
$2,981 CA$4,144
$5,474 CA$7,609
-45.54%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.01
8.1
-38.15%

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

Last update for Montreal: January 11, 2026

Last update for Iqaluit, NU: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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