Last update: Oct 2026

Cost of Living Comparison Between Montreal and Kokkola

For one person, living is cheaper in Kokkola: $1,838 a month against $2,018 in Montreal, rent and utilities included – about $2,200 less a year. Higher rent and utilities in Montreal outweigh lower spending on other living expenses.

99

Cost of Living Index in Montreal
Learn more

Montreal Living Index
90

Cost of Living Index in Kokkola
Learn more

Kokkola Living Index

Jump to prices

Montreal

🇨🇦 Canada

$2,018

/mo nomad

Kokkola

🇫🇮 Finland

$1,838

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Kokkola

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

A single person spends $2,018 per month in Montreal vs $1,838 in Kokkola, rent included.

Montreal $2,018
Kokkola $1,838

A couple spends around $3,085 per month in Montreal vs $2,889 in Kokkola, rent included.

Montreal $3,085
Kokkola $2,889

A family of three spends $4,152 per month in Montreal vs $3,940 in Kokkola, rent included.

Montreal $4,152
Kokkola $3,940

Montreal costs about 10% more than Kokkola, and outside of rent the biggest gap is in clothing.

Both Montreal and Kokkola sit above the global median – Montreal by 49%, Kokkola by 36%.

Meal at Budget Restaurant

$18.82 CA$26.61

$16.49 €14.67

14.13%

Three-Course Dinner for Two, Mid-Range

$70.3 CA$99.4

$85.4 €75.9

-17.66%

Fast Food Meal (McDonalds, etc)

$10.66 CA$15.06

$11.68 €10.39

-8.73%

Cappuccino

$3.84 CA$5.43

$5.30 €4.71

-27.55%

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

$1.92 CA$2.71

$2.89 €2.57

-33.56%

Water (0.33 liter bottle)

$1.54 CA$2.18

$2.03 €1.80

-24.14%

Local Beer (0.5 liter draught)

$6.23 CA$8.81

$7.68 €6.83

-18.88%

Imported Beer (0.33 liter bottle)

$7.10 CA$10.03

$8.96 €7.97

-20.76%

Milk (1 liter)

$2.31 CA$3.27

$1.17 €1.04

97.44%

White Bread (500g)

$3.14 CA$4.44

$2.61 €2.33

20.31%

Rice (white) (1kg)

$3.21 CA$4.54

$2.41 €2.14

33.20%

Eggs

$3.52 CA$4.97

$3.29 €2.92

6.99%

Local Cheese (1kg)

$12.81 CA$18.11

$8.67 €7.71

47.75%

Chicken Fillets (1kg)

$11.46 CA$16.20

$14.39 €12.80

-20.36%

Beef Round Steak (1kg)

$13.39 CA$18.92

$21.15 €18.81

-36.69%

Apples (1kg)

$3.14 CA$4.43

$2.31 €2.05

35.93%

Banana (1kg)

$1.44 CA$2.03

$2.09 €1.86

-31.10%

Oranges (1kg)

$3.47 CA$4.91

$2.45 €2.18

41.63%

Tomato (1kg)

$3.07 CA$4.34

$3.88 €3.46

-20.88%

Potato (1kg)

$1.90 CA$2.69

$1.26 €1.12

50.79%

Onion (1kg)

$1.77 CA$2.50

$1.84 €1.63

-3.80%

Lettuce (1 head)

$2.34 CA$3.31

$2.92 €2.60

-19.86%

Water (1.5 liter bottle)

$1.55 CA$2.19

$2.03 €1.80

-23.65%

Cigarettes 20 Pack (Marlboro, Camel)

$11.38 CA$16.09

$12.74 €11.33

-10.68%

Wine (Bottle)

$10.63 CA$15.03

$15.74 €14.00

-32.47%

Local Beer (0.5 liter bottle)

$2.27 CA$3.21

$3.14 €2.79

-27.71%

Imported Beer (0.33 liter bottle)

$2.82 CA$3.99

$3.40 €3.03

-17.06%

One-way Ticket (Public Transport)

$2.66 CA$3.76

$3.49 €3.10

-23.78%

Public Transport Monthly Pass (Regular Price)

$77.3 CA$109

$64.4 €57.3

20.03%

Taxi Start (Normal Tariff)

$3.20 CA$4.53

$4.43 €3.94

-27.77%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

$1.35 €1.20

9.63%

Taxi 1hour Waiting (Normal Tariff)

$32.88 CA$46.48

$65.3 €58.1

-49.66%

Gasoline (1 liter)

$1.34 CA$1.90

$2.29 €2.04

-41.48%

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

$28.2K CA$39.8K

$36.3K €32.3K

-22.40%

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

$19.6K CA$27.8K

$37.0K €32.9K

-46.93%

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

$76.0 CA$107

$134 €119

-43.23%

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

$33.95 CA$48.00

$24.62 €21.90

37.90%

Internet (50+ Mbps, Unlimited Data)

$42.31 CA$59.8

$24.18 €21.50

74.98%

Gym Membership (Monthly)

$29.76 CA$42.07

$43.40 €38.61

-31.43%

Tennis Court (1 Hour on Weekend)

$20.28 CA$28.67

$25.00 €22.24

-18.88%

Cinema Ticket

$11.15 CA$15.77

$18.12 €16.12

-38.47%

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

$507 CA$717

$333 €296

52.27%

International Primary School, 1 Child (Yearly)

$16.1K CA$22.7K

$13.3K €11.8K

21.04%

Jeans (Levis 501 Or Similar)

$57.6 CA$81.4

$95.7 €85.1

-39.88%

Summer Dress (H&M, Zara, etc)

$37.58 CA$53.1

$47.72 €42.45

-21.25%

Sport Shoes (Adidas, Nike)

$91.9 CA$130

$102 €91.0

-10.17%

Men's Leather Business Shoes

$110 CA$155

$156 €139

-29.96%

1-bedroom Apartment, City Center (Monthly)

$1,260 CA$1,782

$773 €687

63.12%

1-bedroom Apartment, Outside City Center (Monthly)

$948 CA$1,340

$626 €557

51.36%

3-bedroom Apartment, City Center (Monthly)

$2,137 CA$3,021

$1,094 €973

95.34%

3-bedroom Apartment, Outside City Center (Monthly)

$1,614 CA$2,281

$1,078 €959

49.71%

Buy Apartment in City Center (m2)

$4,960 CA$7,011

$4,213 €3,748

17.71%

Buy Apartment Outside City Center (m2)

$3,838 CA$5,425

$2,400 €2,135

59.89%

Average Monthly Net Salary (After Tax)

$2,827 CA$3,997

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

3.51

27.64%

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

Last update for Montreal: October 12, 2026

Last update for Kokkola: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$948 47%

Kokkola

$626 34.1% 33.9% $322

Groceries & Markets

Montreal

$346 17.2%

Kokkola

$373 20.3% 7.6% $26

Eating Out

Montreal

$288 14.3%

Kokkola

$307 16.7% 6.5% $19

Monthly Utilities & Internet

Montreal

$152 7.5%

Kokkola

$183 9.9% 20% $30

Clothing & Footwear

Montreal

$133 6.6%

Kokkola

$181 9.9% 35.6% $48

Getting Around

Montreal

$99 4.9%

Kokkola

$90 4.9% 9.1% $9

Sport & Entertainment

Montreal

$52 2.6%

Kokkola

$80 4.3% 53% $28

Cost Breakdown

A central one-bedroom costs $1,260 in Montreal versus $773 in Kokkola. 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 $70.0 in Montreal versus $85.0 in Kokkola. Monthly groceries follow the same trend: $346 vs $373 – making Montreal the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇫🇮 Kokkola

🕒 Local time

03:39 3:39 AM

10:39 10:39 AM

7 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

48,299

💱 Currency

Canadian Dollar CAD $

Euro EUR €

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 20, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Montreal Kokkola 5,870 km ≈ 8 h nonstop flight

From you

Montreal
Kokkola

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 Kokkola: Cost of Living - Frequently Asked Questions

Yes – Montreal is pricier by about 10%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $3,027 per month in Montreal and $2,757 in Kokkola. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Kokkola, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,018 in Montreal and $1,838 in Kokkola. That's a gap of about 10%.

Public transport costs about 20% less in Kokkola. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Kokkola, where all-in costs run around $1,838, than in Montreal at $2,018. In Kokkola it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

Families tend to lean toward Kokkola – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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