Last update: Oct 2026

Cost of Living Comparison Between Montreal and Parker, CO

For one person, living is cheaper in Montreal: $2,064 a month against $2,615 in Parker, CO, rent and utilities included – about $6,600 less a year. Rent and utilities account for most of the difference.

99

Cost of Living Index in Montreal
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Montreal Living Index
125

Cost of Living Index in Parker, CO
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Parker, CO Living Index

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Montreal

🇨🇦 Canada

$2,064

/mo nomad

Parker, CO

🇺🇸 United States

$2,615

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Parker, CO

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

A single person spends $2,064 per month in Montreal vs $2,615 in Parker, CO, rent included.

Montreal $2,064
Parker, CO $2,615

A couple spends around $3,156 per month in Montreal vs $3,880 in Parker, CO, rent included.

Montreal $3,156
Parker, CO $3,880

A family of three spends $4,247 per month in Montreal vs $5,144 in Parker, CO, rent included.

Montreal $4,247
Parker, CO $5,144

Montreal is about 21% cheaper than Parker, CO, and outside of rent the biggest gap is in utilities.

Both Montreal and Parker, CO sit above the global median – Montreal by 52%, Parker, CO by 92%.

Meal at Budget Restaurant

$18.98 CA$26.64

$20.03 $20.03

-5.24%

Three-Course Dinner for Two, Mid-Range

$73.0 CA$102

$79.0 $79.0

-7.63%

Fast Food Meal (McDonalds, etc)

$10.88 CA$15.27

$11.08 $11.08

-1.81%

Cappuccino

$3.81 CA$5.35

$5.75 $5.75

-33.74%

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

$1.94 CA$2.72

$2.53 $2.53

-23.32%

Water (0.33 liter bottle)

$1.58 CA$2.22

$2.06 $2.06

-23.30%

Local Beer (0.5 liter draught)

$6.37 CA$8.94

$5.92 $5.92

7.60%

Imported Beer (0.33 liter bottle)

$7.26 CA$10.20

$7.05 $7.05

2.98%

Milk (1 liter)

$2.23 CA$3.13

$0.88 $0.88

153.41%

White Bread (500g)

$3.17 CA$4.45

$2.92 $2.92

8.56%

Rice (white) (1kg)

$3.31 CA$4.64

$2.78 $2.78

19.06%

Eggs

$3.63 CA$5.09

$4.33 $4.33

-16.17%

Local Cheese (1kg)

$13.16 CA$18.47

$8.62 $8.62

52.67%

Chicken Fillets (1kg)

$11.56 CA$16.22

$9.52 $9.52

21.43%

Beef Round Steak (1kg)

$13.71 CA$19.25

$15.37 $15.37

-10.80%

Apples (1kg)

$3.29 CA$4.62

$4.84 $4.84

-32.02%

Banana (1kg)

$1.46 CA$2.05

$1.24 $1.24

17.74%

Oranges (1kg)

$3.37 CA$4.73

$4.66 $4.66

-27.68%

Tomato (1kg)

$3.15 CA$4.42

$5.31 $5.31

-40.68%

Potato (1kg)

$1.89 CA$2.65

$1.60 $1.60

18.12%

Onion (1kg)

$1.79 CA$2.52

$2.38 $2.38

-24.79%

Lettuce (1 head)

$2.47 CA$3.47

$1.93 $1.93

27.98%

Water (1.5 liter bottle)

$1.58 CA$2.22

$1.71 $1.71

-7.60%

Cigarettes 20 Pack (Marlboro, Camel)

$11.28 CA$15.84

$10.32 $10.32

9.30%

Wine (Bottle)

$10.49 CA$14.73

$15.02 $15.02

-30.16%

Local Beer (0.5 liter bottle)

$2.34 CA$3.28

$2.52 $2.52

-7.14%

Imported Beer (0.33 liter bottle)

$2.91 CA$4.09

$2.61 $2.61

11.49%

One-way Ticket (Public Transport)

$2.61 CA$3.66

Public Transport Monthly Pass (Regular Price)

$79.1 CA$111

Taxi Start (Normal Tariff)

$3.26 CA$4.57

$2.44 $2.44

33.61%

Taxi (Normal Tariff) (1km)

$1.44 CA$2.02

$1.83 $1.83

-21.31%

Taxi 1hour Waiting (Normal Tariff)

$33.43 CA$46.92

$24.58 $24.58

36.00%

Gasoline (1 liter)

$1.33 CA$1.87

$0.85 $0.85

56.47%

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

$28.6K CA$40.2K

$28.5K $28.5K

0.45%

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

$21.1K CA$29.6K

$25.3K $25.3K

-16.69%

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

$80.1 CA$112

$215 $215

-62.75%

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

$34.30 CA$48.14

$56.9 $56.9

-39.76%

Internet (50+ Mbps, Unlimited Data)

$42.85 CA$60.1

$70.3 $70.3

-39.03%

Gym Membership (Monthly)

$31.14 CA$43.71

$64.1 $64.1

-51.42%

Tennis Court (1 Hour on Weekend)

$19.41 CA$27.24

Cinema Ticket

$11.23 CA$15.76

$10.80 $10.80

3.98%

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

$525 CA$737

$1,111 $1,111

-52.73%

International Primary School, 1 Child (Yearly)

$16.3K CA$22.9K

$12.6K $12.6K

29.91%

Jeans (Levis 501 Or Similar)

$58.0 CA$81.4

$58.4 $58.4

-0.63%

Summer Dress (H&M, Zara, etc)

$38.11 CA$53.5

$40.31 $40.31

-5.46%

Sport Shoes (Adidas, Nike)

$93.4 CA$131

$79.9 $79.9

16.88%

Men's Leather Business Shoes

$110 CA$155

$115 $115

-4.51%

1-bedroom Apartment, City Center (Monthly)

$1,285 CA$1,803

$1,599 $1,599

-19.64%

1-bedroom Apartment, Outside City Center (Monthly)

$977 CA$1,371

$1,370 $1,370

-28.72%

3-bedroom Apartment, City Center (Monthly)

$2,271 CA$3,187

$2,662 $2,662

-14.71%

3-bedroom Apartment, Outside City Center (Monthly)

$1,665 CA$2,336

$2,407 $2,407

-30.82%

Buy Apartment in City Center (m2)

$5,139 CA$7,212

$3,474 $3,474

47.95%

Buy Apartment Outside City Center (m2)

$3,834 CA$5,381

$3,104 $3,104

23.55%

Average Monthly Net Salary (After Tax)

$3,002 CA$4,213

$6,415 $6,415

-53.20%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

6.38

-29.78%

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

Last update for Montreal: October 25, 2026

Last update for Parker, CO: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$977 47.3%

Parker, CO

$1.4K 52.4% 40.3% $394

Groceries & Markets

Montreal

$351 17%

Parker, CO

$348 13.3% 0.8% $2.7

Eating Out

Montreal

$291 14.1%

Parker, CO

$325 12.4% 11.6% $34

Monthly Utilities & Internet

Montreal

$157 7.6%

Parker, CO

$342 13.1% 118% $185

Clothing & Footwear

Montreal

$135 6.5%

Parker, CO

$132 5.1% 1.9% $2.6

Getting Around

Montreal

$100 4.9%

Parker, CO

$12 * 0.4% 88.4% $88

Sport & Entertainment

Montreal

$54 2.6%

Parker, CO

$86 3.3% 59.9% $32

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

Cost Breakdown

A central one-bedroom costs $1,285 in Montreal versus $1,599 in Parker, CO. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Parker, CO are about 2.1 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $73 in Montreal versus $79 in Parker, CO. Groceries tell a different story – $351 in Montreal vs $348 in Parker, CO – so Parker, CO wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Montreal

🇺🇸 Parker, CO

🕒 Local time

17:48 5:48 PM

15:48 3:48 PM

2 h behind Montreal

🌤 Weather

👥 Population

1,762,949

49,550

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 USD = 0.898 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.56 CAD (1 CAD = 0.64 EUR).

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Parker, CO 2,620 km ≈ 3 h 45 min nonstop flight

From you

Montreal
Parker, CO

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 Parker, CO: Cost of Living - Frequently Asked Questions

Parker, CO costs about 27% more than Montreal, and outside of rent the gap comes mainly from utilities. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,096 per month in Montreal and $3,922 in Parker, CO. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Montreal, especially for central apartments: a one-bedroom in the center costs $1,285 there versus $1,599 in Parker, CO.

Monthly expenses with rent come to $2,064 in Montreal and $2,615 in Parker, CO. That makes Montreal about 21% cheaper.

A mid-range dinner for two costs $73 in Montreal and $79 in Parker, CO. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$2,000 is a stretch for both – monthly costs hit $2,064 in Montreal and $2,615 in Parker, CO. You’ll need shared housing and careful budgeting no matter which city you pick.

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

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

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