Cost of Living Comparison Between Montreal and Parry Sound Cost of Living Comparison Between Montreal and Parry Sound

Monthly Cost of Living

A single person spends $2,108 per month in Montreal vs $2,329 in Parry Sound, rent included.

A couple spends around $3,226 per month in Montreal vs $3,226 in Parry Sound, rent included.

A family of three spends $4,344 per month in Montreal vs $4,122 in Parry Sound, rent included.

Montreal is about 9% cheaper than Parry Sound, driven mainly by Groceries & Markets.

Both Montreal and Parry Sound sit above the global median – Montreal by 53%, Parry Sound by 69%.

Meal at Budget Restaurant

$17.83 CA$24.73

$18.26 CA$25.32

-2.35%

Three-Course Dinner for Two, Mid-Range

$73.6 CA$102

$51.5 CA$71.5

42.80%

Fast Food Meal (McDonalds, etc)

$10.81 CA$15.00

$10.93 CA$15.16

-1.10%

Cappuccino

$3.92 CA$5.44

$3.29 CA$4.57

19.15%

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

$2.04 CA$2.84

$1.44 CA$1.99

41.67%

Water (0.33 liter bottle)

$1.52 CA$2.11

$1.11 CA$1.53

36.94%

Local Beer (0.5 liter draught)

$6.59 CA$9.14

$4.76 CA$6.59

38.45%

Imported Beer (0.33 liter bottle)

$7.14 CA$9.90

$4.26 CA$5.91

67.61%

Milk (1 liter)

$2.37 CA$3.28

$1.95 CA$2.70

21.54%

White Bread (500g)

$3.23 CA$4.48

$2.23 CA$3.09

44.84%

Rice (white) (1kg)

$2.95 CA$4.10

$1.57 CA$2.18

87.90%

Eggs

$3.69 CA$5.12

$3.23 CA$4.48

14.24%

Local Cheese (1kg)

$13.65 CA$18.93

$4.19 CA$5.81

225.78%

Chicken Fillets (1kg)

$11.94 CA$16.56

$10.92 CA$15.15

9.34%

Beef Round Steak (1kg)

$14.07 CA$19.52

$7.35 CA$10.20

91.43%

Apples (1kg)

$3.61 CA$5.01

$3.41 CA$4.73

5.87%

Banana (1kg)

$1.55 CA$2.15

$0.70 CA$0.97

121.43%

Oranges (1kg)

$3.29 CA$4.56

$0.71 CA$0.98

363.38%

Tomato (1kg)

$3.07 CA$4.26

$2.22 CA$3.08

38.29%

Potato (1kg)

$2.00 CA$2.78

$1.73 CA$2.40

15.61%

Onion (1kg)

$1.90 CA$2.64

$1.41 CA$1.96

34.75%

Lettuce (1 head)

$2.64 CA$3.66

$1.47 CA$2.04

79.59%

Water (1.5 liter bottle)

$1.39 CA$1.93

$1.62 CA$2.24

-14.20%

Cigarettes 20 Pack (Marlboro, Camel)

$11.80 CA$16.36

$12.40 CA$17.20

-4.84%

Wine (Bottle)

$10.80 CA$14.98

$11.66 CA$16.17

-7.38%

Local Beer (0.5 liter bottle)

$2.37 CA$3.29

$2.92 CA$4.05

-18.84%

Imported Beer (0.33 liter bottle)

$2.90 CA$4.02

$3.64 CA$5.05

-20.33%

One-way Ticket (Public Transport)

$2.74 CA$3.79

Public Transport Monthly Pass (Regular Price)

$77.1 CA$107

Taxi Start (Normal Tariff)

$3.31 CA$4.59

$8.64 CA$11.98

-61.69%

Taxi (Normal Tariff) (1km)

$1.46 CA$2.02

Taxi 1hour Waiting (Normal Tariff)

$32.98 CA$45.74

$18.84 CA$26.12

75.05%

Gasoline (1 liter)

$1.31 CA$1.82

$1.08 CA$1.50

21.30%

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

$28.7K CA$39.8K

$28.4K CA$39.4K

1.19%

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

$20.4K CA$28.4K

$18.6K CA$25.8K

10.02%

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

$79.9 CA$111

$132 CA$183

-39.46%

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

$34.79 CA$48.25

$27.32 CA$37.89

27.34%

Internet (50+ Mbps, Unlimited Data)

$42.55 CA$59.0

$46.09 CA$63.9

-7.68%

Gym Membership (Monthly)

$29.20 CA$40.50

$33.47 CA$46.42

-12.76%

Tennis Court (1 Hour on Weekend)

$20.33 CA$28.20

Cinema Ticket

$11.48 CA$15.93

$10.16 CA$14.08

12.99%

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

$565 CA$784

$887 CA$1,231

-36.30%

International Primary School, 1 Child (Yearly)

$16.6K CA$23.0K

$28.2K CA$39.1K

-41.15%

Jeans (Levis 501 Or Similar)

$60.2 CA$83.5

$43.24 CA$60.0

39.20%

Summer Dress (H&M, Zara, etc)

$41.87 CA$58.1

$39.02 CA$54.1

7.30%

Sport Shoes (Adidas, Nike)

$104 CA$144

$97.6 CA$135

6.56%

Men's Leather Business Shoes

$113 CA$156

$98.9 CA$137

13.77%

1-bedroom Apartment, City Center (Monthly)

$1,294 CA$1,795

$1,135 CA$1,574

14.07%

1-bedroom Apartment, Outside City Center (Monthly)

$1,014 CA$1,407

$1,350 CA$1,873

-24.90%

3-bedroom Apartment, City Center (Monthly)

$2,271 CA$3,149

$2,148 CA$2,980

5.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,683 CA$2,334

$2,184 CA$3,030

-22.95%

Buy Apartment in City Center (m2)

$5,156 CA$7,151

Buy Apartment Outside City Center (m2)

$3,842 CA$5,328

Average Monthly Net Salary (After Tax)

$3,032 CA$4,205

$2,166 CA$3,004

39.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

4.56

-2.63%

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

Last update for Montreal: September 6, 2026

Last update for Parry Sound: September 5, 2026

Cost Breakdown

A central one-bedroom costs $1,294 in Montreal versus $1,135 in Parry Sound. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 40% higher in Montreal, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $74.0 in Montreal versus $52.0 in Parry Sound. Monthly groceries follow the same trend: $358 vs $264 – making Parry Sound the more affordable choice for daily food spending.

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 Parry Sound: Cost of Living - Frequently Asked Questions

Parry Sound costs about 10% more than Montreal, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,163 per month in Montreal and $3,494 in Parry Sound. 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $74.0 in Montreal and $52.0 in Parry Sound. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 36% cheaper in Parry Sound – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,108, than in Parry Sound at $2,329. In Montreal it covers expenses comfortably, while in Parry Sound it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Montreal costs $2,108 versus $2,329 in Parry Sound. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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