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

🙂 Solo nomad: Montreal is 6.7% cheaper than Iqaluit, NU without rent, and 33.3% cheaper with rent.

🙂 Family of 3: Montreal is 23.3% cheaper than Iqaluit, NU without rent, and 14.2% cheaper with rent.

Meal at Budget Restaurant

$16.08 CA$22.03

$31.39 CA$43.01

-48.77%

Three-Course Dinner for Two, Mid-Range

$73.8 CA$101

$65.1 CA$89.2

13.38%

Fast Food Meal (McDonalds, etc)

$10.91 CA$14.95

$13.11 CA$17.97

-16.78%

Cappuccino

$3.67 CA$5.03

$6.63 CA$9.08

-44.65%

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

$2.06 CA$2.83

$3.92 CA$5.38

-47.45%

Water (0.33 liter bottle)

$1.44 CA$1.97

$1.69 CA$2.31

-14.79%

Local Beer (0.5 liter draught)

$6.21 CA$8.50

$6.96 CA$9.53

-10.78%

Imported Beer (0.33 liter bottle)

$6.44 CA$8.82

$5.72 CA$7.83

12.59%

Milk (1 liter)

$2.34 CA$3.21

$2.55 CA$3.50

-8.24%

White Bread (500g)

$3.23 CA$4.42

$2.61 CA$3.57

23.75%

Rice (white) (1kg)

$3.84 CA$5.26

$2.99 CA$4.09

28.43%

Eggs

$3.32 CA$4.54

$4.31 CA$5.91

-22.97%

Local Cheese (1kg)

$16.35 CA$22.40

$12.07 CA$16.53

35.46%

Chicken Fillets (1kg)

$11.92 CA$16.33

$13.97 CA$19.14

-14.67%

Beef Round Steak (1kg)

$15.10 CA$20.69

$25.25 CA$34.60

-40.20%

Apples (1kg)

$3.68 CA$5.04

$2.01 CA$2.76

83.08%

Banana (1kg)

$1.69 CA$2.32

$2.97 CA$4.07

-43.10%

Oranges (1kg)

$4.12 CA$5.64

$2.06 CA$2.82

100.00%

Tomato (1kg)

$4.29 CA$5.88

$1.95 CA$2.68

120.00%

Potato (1kg)

$2.79 CA$3.82

$3.09 CA$4.23

-9.71%

Onion (1kg)

$2.70 CA$3.70

$3.95 CA$5.41

-31.65%

Lettuce (1 head)

$2.17 CA$2.97

$3.03 CA$4.16

-28.38%

Water (1.5 liter bottle)

$1.78 CA$2.44

$3.54 CA$4.85

-49.72%

Cigarettes 20 Pack (Marlboro, Camel)

$13.22 CA$18.12

$14.35 CA$19.66

-7.87%

Wine (Bottle)

$11.04 CA$15.12

$13.32 CA$18.24

-17.12%

Local Beer (0.5 liter bottle)

$2.97 CA$4.07

$1.48 CA$2.03

100.68%

Imported Beer (0.33 liter bottle)

$3.44 CA$4.71

$2.17 CA$2.98

58.53%

One-way Ticket (Public Transport)

$2.80 CA$3.84

$2.36 CA$3.23

18.64%

Public Transport Monthly Pass (Regular Price)

$72.2 CA$98.9

$146 CA$200

-50.58%

Taxi Start (Normal Tariff)

$3.67 CA$5.03

$6.52 CA$8.94

-43.71%

Taxi (Normal Tariff) (1km)

$1.40 CA$1.92

$0.66 CA$0.91

112.12%

Taxi 1hour Waiting (Normal Tariff)

$34.07 CA$46.68

$26.23 CA$35.94

29.89%

Gasoline (1 liter)

$1.21 CA$1.66

$1.32 CA$1.81

-8.33%

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

$25.3K CA$34.7K

$49.5K CA$67.8K

-48.81%

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

$21.9K CA$30.0K

$45.0K CA$61.6K

-51.38%

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

$74.4 CA$102

$116 CA$159

-35.91%

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

$36.64 CA$50.2

$54.6 CA$74.9

-32.93%

Internet (50+ Mbps, Unlimited Data)

$43.41 CA$59.5

$55.4 CA$75.8

-21.57%

Gym Membership (Monthly)

$43.20 CA$59.2

$41.74 CA$57.2

3.50%

Tennis Court (1 Hour on Weekend)

$17.18 CA$23.54

$22.20 CA$30.42

-22.61%

Cinema Ticket

$10.99 CA$15.06

$8.26 CA$11.32

33.05%

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

$614 CA$842

$996 CA$1,364

-38.29%

International Primary School, 1 Child (Yearly)

$5,855 CA$8,022

$4,071 CA$5,577

43.83%

Jeans (Levis 501 Or Similar)

$62.6 CA$85.8

$62.6 CA$85.7

0.03%

Summer Dress (H&M, Zara, etc)

$44.25 CA$60.6

$36.21 CA$49.61

22.20%

Sport Shoes (Adidas, Nike)

$103 CA$142

$102 CA$139

1.56%

Men's Leather Business Shoes

$122 CA$167

$121 CA$166

0.41%

1-bedroom Apartment, City Center (Monthly)

$1,190 CA$1,631

$1,704 CA$2,334

-30.14%

1-bedroom Apartment, Outside City Center (Monthly)

$946 CA$1,296

$1,590 CA$2,178

-40.49%

3-bedroom Apartment, City Center (Monthly)

$2,037 CA$2,791

$3,063 CA$4,197

-33.49%

3-bedroom Apartment, Outside City Center (Monthly)

$1,548 CA$2,120

$1,838 CA$2,518

-15.78%

Buy Apartment in City Center (m2)

$5,398 CA$7,395

$4,509 CA$6,178

19.71%

Buy Apartment Outside City Center (m2)

$4,014 CA$5,499

$3,680 CA$5,041

9.07%

Average Monthly Net Salary (After Tax)

$3,013 CA$4,128

$4,373 CA$5,990

-31.09%

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: April 11, 2026

Last update for Iqaluit, NU: April 14, 2026

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 other spots: cost of living compared

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