Last update: Oct 2026

Cost of Living Comparison Between Montreal and Parry Sound

For one person, living is cheaper in Montreal: $2,064 a month against $2,269 in Parry Sound, rent and utilities included – about $2,500 less a year. Higher rent and utilities in Parry Sound outweigh lower spending on other living expenses.

99

Cost of Living Index in Montreal
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Montreal Living Index
108

Cost of Living Index in Parry Sound
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Parry Sound Living Index

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Montreal

🇨🇦 Canada

$2,064

/mo nomad

Parry Sound

🇨🇦 Canada

$2,269

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Parry Sound

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

A single person spends $2,064 per month in Montreal vs $2,269 in Parry Sound, rent included.

Montreal $2,064
Parry Sound $2,269

A couple spends around $3,156 per month in Montreal vs $3,202 in Parry Sound, rent included.

Montreal $3,156
Parry Sound $3,202

A family of three spends $4,247 per month in Montreal vs $4,135 in Parry Sound, rent included.

Montreal $4,247
Parry Sound $4,135

Montreal is about 9% cheaper than Parry Sound.

Both Montreal and Parry Sound sit above the global median – Montreal by 52%, Parry Sound by 67%.

Meal at Budget Restaurant

$18.98 CA$26.64

$17.94 CA$25.17

5.80%

Three-Course Dinner for Two, Mid-Range

$73.0 CA$102

$51.8 CA$72.6

41.02%

Fast Food Meal (McDonalds, etc)

$10.88 CA$15.27

$10.66 CA$14.97

2.06%

Cappuccino

$3.81 CA$5.35

$3.17 CA$4.45

20.19%

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

$1.94 CA$2.72

$1.40 CA$1.96

38.57%

Water (0.33 liter bottle)

$1.58 CA$2.22

$1.06 CA$1.48

49.06%

Local Beer (0.5 liter draught)

$6.37 CA$8.94

$3.48 CA$4.89

83.05%

Imported Beer (0.33 liter bottle)

$7.26 CA$10.20

$4.24 CA$5.95

71.23%

Milk (1 liter)

$2.23 CA$3.13

$1.99 CA$2.80

12.06%

White Bread (500g)

$3.17 CA$4.45

$2.23 CA$3.12

42.15%

Rice (white) (1kg)

$3.31 CA$4.64

$1.59 CA$2.23

108.18%

Eggs

$3.63 CA$5.09

$3.03 CA$4.25

19.80%

Local Cheese (1kg)

$13.16 CA$18.47

$4.19 CA$5.88

214.08%

Chicken Fillets (1kg)

$11.56 CA$16.22

$10.49 CA$14.73

10.20%

Beef Round Steak (1kg)

$13.71 CA$19.25

$7.04 CA$9.87

94.74%

Apples (1kg)

$3.29 CA$4.62

$3.34 CA$4.69

-1.50%

Banana (1kg)

$1.46 CA$2.05

$0.74 CA$1.04

97.30%

Oranges (1kg)

$3.37 CA$4.73

$0.69 CA$0.97

388.41%

Tomato (1kg)

$3.15 CA$4.42

$2.20 CA$3.09

43.18%

Potato (1kg)

$1.89 CA$2.65

$1.66 CA$2.33

13.86%

Onion (1kg)

$1.79 CA$2.52

$1.37 CA$1.92

30.66%

Lettuce (1 head)

$2.47 CA$3.47

$1.46 CA$2.05

69.18%

Water (1.5 liter bottle)

$1.58 CA$2.22

$1.52 CA$2.13

3.95%

Cigarettes 20 Pack (Marlboro, Camel)

$11.28 CA$15.84

$12.29 CA$17.24

-8.22%

Wine (Bottle)

$10.49 CA$14.73

$11.59 CA$16.27

-9.49%

Local Beer (0.5 liter bottle)

$2.34 CA$3.28

$2.81 CA$3.95

-16.73%

Imported Beer (0.33 liter bottle)

$2.91 CA$4.09

$3.45 CA$4.84

-15.65%

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

$8.33 CA$11.69

-60.86%

Taxi (Normal Tariff) (1km)

$1.44 CA$2.02

Taxi 1hour Waiting (Normal Tariff)

$33.43 CA$46.92

$18.67 CA$26.20

79.06%

Gasoline (1 liter)

$1.33 CA$1.87

$1.08 CA$1.51

23.15%

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

$28.6K CA$40.2K

$28.4K CA$39.8K

0.93%

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

$21.1K CA$29.6K

$21.6K CA$30.3K

-2.18%

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

$80.1 CA$112

$126 CA$177

-36.37%

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

$34.30 CA$48.14

$26.66 CA$37.41

28.66%

Internet (50+ Mbps, Unlimited Data)

$42.85 CA$60.1

$46.46 CA$65.2

-7.77%

Gym Membership (Monthly)

$31.14 CA$43.71

$33.08 CA$46.42

-5.86%

Tennis Court (1 Hour on Weekend)

$19.41 CA$27.24

Cinema Ticket

$11.23 CA$15.76

$10.33 CA$14.50

8.71%

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

$525 CA$737

$523 CA$734

0.34%

International Primary School, 1 Child (Yearly)

$16.3K CA$22.9K

$28.0K CA$39.3K

-41.71%

Jeans (Levis 501 Or Similar)

$58.0 CA$81.4

$43.09 CA$60.5

34.60%

Summer Dress (H&M, Zara, etc)

$38.11 CA$53.5

$38.27 CA$53.7

-0.42%

Sport Shoes (Adidas, Nike)

$93.4 CA$131

$94.6 CA$133

-1.30%

Men's Leather Business Shoes

$110 CA$155

$106 CA$149

3.92%

1-bedroom Apartment, City Center (Monthly)

$1,285 CA$1,803

$1,127 CA$1,581

14.06%

1-bedroom Apartment, Outside City Center (Monthly)

$977 CA$1,371

$1,374 CA$1,928

-28.92%

3-bedroom Apartment, City Center (Monthly)

$2,271 CA$3,187

$2,117 CA$2,972

7.24%

3-bedroom Apartment, Outside City Center (Monthly)

$1,665 CA$2,336

$2,156 CA$3,026

-22.78%

Buy Apartment in City Center (m2)

$5,139 CA$7,212

Buy Apartment Outside City Center (m2)

$3,834 CA$5,381

Average Monthly Net Salary (After Tax)

$3,002 CA$4,213

$2,153 CA$3,021

39.45%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

4.56

-1.75%

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

Last update for Montreal: October 25, 2026

Last update for Parry Sound: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$977 47.3%

Parry Sound

$1.4K 60.6% 40.7% $397

Groceries & Markets

Montreal

$351 17%

Parry Sound

$258 11.4% 26.6% $93

Eating Out

Montreal

$291 14.1%

Parry Sound

$249 11% 14.3% $42

Monthly Utilities & Internet

Montreal

$157 7.6%

Parry Sound

$199 8.8% 26.6% $42

Clothing & Footwear

Montreal

$135 6.5%

Parry Sound

$127 5.6% 5.9% $8

Getting Around

Montreal

$100 4.9%

Parry Sound

$8.3 * 0.4% 91.7% $92

Sport & Entertainment

Montreal

$54 2.6%

Parry Sound

$54 2.4% 0.3% $0.1

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 $1,127 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 39% 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 $73 in Montreal versus $52 in Parry Sound. Monthly groceries follow the same trend: $351 vs $258 – making Parry Sound the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇨🇦 Parry Sound

🕒 Local time

20:14 8:14 PM

Same time as Montreal

🌤 Weather

👥 Population

1,762,949

6,800

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

On the map

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Between locations

Montreal Parry Sound 500 km ≈ 1 h 15 min nonstop flight

From you

Montreal
Parry Sound

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 Parry Sound: Cost of Living - Frequently Asked Questions

Parry Sound costs about 10% more than Montreal, and outside of rent the gap comes mainly from leisure. 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 $3,403 in Parry Sound. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Parry Sound, especially for central apartments: a one-bedroom in the center costs $1,127 there versus $1,285 in Montreal.

A mid-range dinner for two costs $73 in Montreal and $52 in Parry Sound. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 27% cheaper in Parry Sound – one category where the pricier city actually offers better value.

$2,000 is a stretch for both – monthly costs hit $2,064 in Montreal and $2,269 in Parry Sound. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Montreal has an edge in some lifestyle areas, with costs from $2,064 in Montreal to $2,269 in Parry Sound. Climate, culture, job market, and personal taste all factor in.

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