Last update: Oct 2026

Cost of Living Comparison Between Montreal and Iquique

For one person, living is cheaper in Iquique: $999 a month against $2,018 in Montreal, rent and utilities included – about $12,200 less a year. Rent and utilities account for about half of the difference.

99

Cost of Living Index in Montreal
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Montreal Living Index
49

Cost of Living Index in Iquique
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Iquique Living Index

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Montreal

🇨🇦 Canada

$2,018

/mo nomad

Iquique

🇨🇱 Chile

$999

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Iquique

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

Monthly costs for one person with rent: $2,018 in Montreal versus $999 in Iquique.

Montreal $2,018
Iquique $999

Estimated couple costs with rent: $3,085 in Montreal versus $1,590 in Iquique.

Montreal $3,085
Iquique $1,590

Monthly costs for a family of three with rent: $4,152 in Montreal versus $2,180 in Iquique.

Montreal $4,152
Iquique $2,180

Living in Montreal is roughly 102% more expensive than in Iquique, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Montreal is 49% above, Iquique is 26% below.

Meal at Budget Restaurant

$18.82 CA$26.61

$7.48 CLP 7,359

151.60%

Three-Course Dinner for Two, Mid-Range

$70.3 CA$99.4

$40.30 CLP 39.7K

74.42%

Fast Food Meal (McDonalds, etc)

$10.66 CA$15.06

$7.04 CLP 6,934

51.42%

Cappuccino

$3.84 CA$5.43

$3.44 CLP 3,384

11.63%

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

$1.92 CA$2.71

$1.23 CLP 1,210

56.10%

Water (0.33 liter bottle)

$1.54 CA$2.18

$0.95 CLP 937

62.11%

Local Beer (0.5 liter draught)

$6.23 CA$8.81

$3.27 CLP 3,222

90.52%

Imported Beer (0.33 liter bottle)

$7.10 CA$10.03

$3.61 CLP 3,552

96.68%

Milk (1 liter)

$2.31 CA$3.27

$1.09 CLP 1,077

111.93%

White Bread (500g)

$3.14 CA$4.44

$1.13 CLP 1,111

177.88%

Rice (white) (1kg)

$3.21 CA$4.54

$1.31 CLP 1,285

145.04%

Eggs

$3.52 CA$4.97

$3.02 CLP 2,972

16.56%

Local Cheese (1kg)

$12.81 CA$18.11

$10.12 CLP 9,962

26.58%

Chicken Fillets (1kg)

$11.46 CA$16.20

$10.05 CLP 9,896

14.03%

Beef Round Steak (1kg)

$13.39 CA$18.92

Apples (1kg)

$3.14 CA$4.43

$2.31 CLP 2,273

35.93%

Banana (1kg)

$1.44 CA$2.03

$2.15 CLP 2,121

-33.02%

Oranges (1kg)

$3.47 CA$4.91

$1.51 CLP 1,484

129.80%

Tomato (1kg)

$3.07 CA$4.34

$1.06 CLP 1,040

189.62%

Potato (1kg)

$1.90 CA$2.69

$0.73 CLP 722

160.27%

Onion (1kg)

$1.77 CA$2.50

$0.64 CLP 628

176.56%

Lettuce (1 head)

$2.34 CA$3.31

$1.00 CLP 981

134.00%

Water (1.5 liter bottle)

$1.55 CA$2.19

$1.35 CLP 1,326

14.81%

Cigarettes 20 Pack (Marlboro, Camel)

$11.38 CA$16.09

$7.25 CLP 7,139

56.97%

Wine (Bottle)

$10.63 CA$15.03

$7.86 CLP 7,734

35.24%

Local Beer (0.5 liter bottle)

$2.27 CA$3.21

Imported Beer (0.33 liter bottle)

$2.82 CA$3.99

$0.84 CLP 828

235.71%

One-way Ticket (Public Transport)

$2.66 CA$3.76

$0.69 CLP 679

285.51%

Public Transport Monthly Pass (Regular Price)

$77.3 CA$109

Taxi Start (Normal Tariff)

$3.20 CA$4.53

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

Taxi 1hour Waiting (Normal Tariff)

$32.88 CA$46.48

Gasoline (1 liter)

$1.34 CA$1.90

$1.44 CLP 1,419

-6.94%

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

$28.2K CA$39.8K

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

$19.6K CA$27.8K

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

$76.0 CA$107

$88.6 CLP 87.2K

-14.30%

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

$33.95 CA$48.00

$15.63 CLP 15.4K

117.21%

Internet (50+ Mbps, Unlimited Data)

$42.31 CA$59.8

$23.17 CLP 22.8K

82.61%

Gym Membership (Monthly)

$29.76 CA$42.07

$50.7 CLP 49.9K

-41.30%

Tennis Court (1 Hour on Weekend)

$20.28 CA$28.67

Cinema Ticket

$11.15 CA$15.77

$6.91 CLP 6,803

61.36%

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

$507 CA$717

$254 CLP 249.8K

99.84%

International Primary School, 1 Child (Yearly)

$16.1K CA$22.7K

Jeans (Levis 501 Or Similar)

$57.6 CA$81.4

$30.11 CLP 29.6K

91.13%

Summer Dress (H&M, Zara, etc)

$37.58 CA$53.1

$23.04 CLP 22.7K

63.11%

Sport Shoes (Adidas, Nike)

$91.9 CA$130

$46.57 CLP 45.8K

97.34%

Men's Leather Business Shoes

$110 CA$155

$58.3 CLP 57.4K

87.93%

1-bedroom Apartment, City Center (Monthly)

$1,260 CA$1,782

$422 CLP 415.4K

198.66%

1-bedroom Apartment, Outside City Center (Monthly)

$948 CA$1,340

$382 CLP 375.7K

148.25%

3-bedroom Apartment, City Center (Monthly)

$2,137 CA$3,021

$683 CLP 671.9K

213.06%

3-bedroom Apartment, Outside City Center (Monthly)

$1,614 CA$2,281

$781 CLP 769.3K

106.49%

Buy Apartment in City Center (m2)

$4,960 CA$7,011

$1,718 CLP 1.7M

188.71%

Buy Apartment Outside City Center (m2)

$3,838 CA$5,425

$1,926 CLP 1.9M

99.28%

Average Monthly Net Salary (After Tax)

$2,827 CA$3,997

$958 CLP 943.5K

195.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

7.5

-40.27%

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

Last update for Montreal: October 12, 2026

Last update for Iquique: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$948 47%

Iquique

$382 38.2% 59.7% $566

Groceries & Markets

Montreal

$346 17.2%

Iquique

$197 * 19.7% 43.2% $150

Eating Out

Montreal

$288 14.3%

Iquique

$155 15.5% 46.3% $133

Monthly Utilities & Internet

Montreal

$152 7.5%

Iquique

$127 12.8% 16.3% $25

Clothing & Footwear

Montreal

$133 6.6%

Iquique

$71 7.1% 46.7% $62

Getting Around

Montreal

$99 4.9%

Iquique

$2.8 * 0.3% 97.2% $96

Sport & Entertainment

Montreal

$52 2.6%

Iquique

$65 6.5% 23.9% $12

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,260 in Montreal and $422 in Iquique. Housing cost is often the main lever when comparing two cities.

Montreal pays 195% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $70.0 in Montreal vs $40.00 in Iquique for a mid-range dinner for two. Groceries echo the gap at $346 vs $197 per month, with Iquique cheaper across the board.

Good to know

🇨🇦 Montreal

🇨🇱 Iquique

🕒 Local time

14:12 2:12 PM

15:12 3:12 PM

1 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

188,003

💱 Currency

Canadian Dollar CAD $

Chilean Peso CLP $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

Exchange rates and currency converter

CLP, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Chilean Peso exchange rates as of October 17, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Iquique 7,320 km ≈ 10 h nonstop flight

From you

Montreal
Iquique

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 Iquique: Cost of Living - Frequently Asked Questions

Montreal and Iquique differ by about 102% in total monthly costs ($2,018 vs $999 including rent). Iquique is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 195% higher in Montreal, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,260 in Montreal versus $422 in Iquique. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 76% higher in Montreal. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,018 per month in Montreal versus $999 in Iquique – a 102% gap that adds up to real savings over time for anyone picking the cheaper option.

At $999 in Iquique versus $2,018 in Montreal, a $2,000 budget is realistic in Iquique but tight or insufficient in Montreal. The gap between the two cities makes Iquique the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Montreal and Iquique are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Iquique gentler on the wallet – expenses run 102% less than in Montreal. Beyond cost, consider language, visa policies, and how big the international community is in each city.