Cost of Living Comparison Between Montreal and Peace River, AB Cost of Living Comparison Between Montreal and Peace River, AB

Monthly Cost of Living

A single person spends $2,056 per month in Montreal vs $2,309 in Peace River, AB, rent included.

A couple spends around $3,112 per month in Montreal vs $3,274 in Peace River, AB, rent included.

A family of three spends $4,167 per month in Montreal vs $4,240 in Peace River, AB, rent included.

Montreal is about 11% cheaper than Peace River, AB, driven mainly by Monthly Utilities & Internet.

Both Montreal and Peace River, AB sit above the global median – Montreal by 50%, Peace River, AB by 68%.

Meal at Budget Restaurant

$17.85 CA$24.70

$20.54 CA$28.42

-13.10%

Three-Course Dinner for Two, Mid-Range

$72.3 CA$100

$72.4 CA$100

-0.14%

Fast Food Meal (McDonalds, etc)

$10.92 CA$15.11

$11.23 CA$15.54

-2.76%

Cappuccino

$3.97 CA$5.49

$3.75 CA$5.19

5.87%

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

$2.07 CA$2.87

$1.80 CA$2.49

15.00%

Water (0.33 liter bottle)

$1.55 CA$2.14

$1.60 CA$2.21

-3.13%

Local Beer (0.5 liter draught)

$6.41 CA$8.88

$5.03 CA$6.97

27.44%

Imported Beer (0.33 liter bottle)

$7.29 CA$10.09

$5.29 CA$7.33

37.81%

Milk (1 liter)

$2.39 CA$3.30

$2.27 CA$3.14

5.29%

White Bread (500g)

$3.21 CA$4.44

$2.45 CA$3.39

31.02%

Rice (white) (1kg)

$3.07 CA$4.25

$3.32 CA$4.59

-7.53%

Eggs

$3.68 CA$5.09

$3.84 CA$5.31

-4.17%

Local Cheese (1kg)

$13.57 CA$18.78

$9.62 CA$13.32

41.06%

Chicken Fillets (1kg)

$11.63 CA$16.09

$12.64 CA$17.49

-7.99%

Beef Round Steak (1kg)

$13.97 CA$19.33

$16.88 CA$23.36

-17.24%

Apples (1kg)

$3.68 CA$5.10

$3.88 CA$5.36

-5.15%

Banana (1kg)

$1.56 CA$2.16

$1.49 CA$2.06

4.70%

Oranges (1kg)

$3.41 CA$4.72

$3.67 CA$5.07

-7.08%

Tomato (1kg)

$3.03 CA$4.19

$3.29 CA$4.55

-7.90%

Potato (1kg)

$1.98 CA$2.74

$2.82 CA$3.91

-29.79%

Onion (1kg)

$1.82 CA$2.52

$2.36 CA$3.27

-22.88%

Lettuce (1 head)

$2.56 CA$3.54

$2.15 CA$2.98

19.07%

Water (1.5 liter bottle)

$1.39 CA$1.92

$1.50 CA$2.08

-7.33%

Cigarettes 20 Pack (Marlboro, Camel)

$11.49 CA$15.90

$14.85 CA$20.54

-22.63%

Wine (Bottle)

$10.92 CA$15.11

$14.25 CA$19.72

-23.37%

Local Beer (0.5 liter bottle)

$2.26 CA$3.13

$2.32 CA$3.20

-2.59%

Imported Beer (0.33 liter bottle)

$3.01 CA$4.16

$3.42 CA$4.73

-11.99%

One-way Ticket (Public Transport)

$2.69 CA$3.72

$2.16 CA$2.98

24.54%

Public Transport Monthly Pass (Regular Price)

$75.3 CA$104

$72.4 CA$100

4.05%

Taxi Start (Normal Tariff)

$3.35 CA$4.63

$2.65 CA$3.67

26.42%

Taxi (Normal Tariff) (1km)

$1.50 CA$2.08

$1.34 CA$1.85

11.94%

Taxi 1hour Waiting (Normal Tariff)

$33.70 CA$46.63

$21.54 CA$29.80

56.45%

Gasoline (1 liter)

$1.29 CA$1.79

$1.28 CA$1.78

0.78%

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

$28.3K CA$39.1K

$32.0K CA$44.3K

-11.63%

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

$20.0K CA$27.6K

$21.6K CA$29.9K

-7.54%

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

$80.4 CA$111

$138 CA$191

-41.89%

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

$34.23 CA$47.37

$37.38 CA$51.7

-8.43%

Internet (50+ Mbps, Unlimited Data)

$41.39 CA$57.3

$57.3 CA$79.3

-27.74%

Gym Membership (Monthly)

$29.24 CA$40.46

$41.67 CA$57.7

-29.83%

Tennis Court (1 Hour on Weekend)

$19.89 CA$27.52

$20.17 CA$27.91

-1.39%

Cinema Ticket

$11.71 CA$16.20

$10.15 CA$14.04

15.37%

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

$564 CA$781

$707 CA$979

-20.21%

International Primary School, 1 Child (Yearly)

$16.8K CA$23.3K

$12.4K CA$17.1K

36.38%

Jeans (Levis 501 Or Similar)

$59.5 CA$82.3

$61.3 CA$84.9

-2.98%

Summer Dress (H&M, Zara, etc)

$42.13 CA$58.3

$42.88 CA$59.3

-1.75%

Sport Shoes (Adidas, Nike)

$107 CA$148

$81.9 CA$113

30.93%

Men's Leather Business Shoes

$111 CA$153

$91.7 CA$127

20.82%

1-bedroom Apartment, City Center (Monthly)

$1,284 CA$1,776

$1,266 CA$1,752

1.39%

1-bedroom Apartment, Outside City Center (Monthly)

$990 CA$1,370

$1,141 CA$1,579

-13.23%

3-bedroom Apartment, City Center (Monthly)

$2,260 CA$3,127

$1,794 CA$2,482

25.99%

3-bedroom Apartment, Outside City Center (Monthly)

$1,667 CA$2,307

$1,511 CA$2,091

10.31%

Buy Apartment in City Center (m2)

$5,287 CA$7,316

$4,619 CA$6,391

14.47%

Buy Apartment Outside City Center (m2)

$3,813 CA$5,276

$4,183 CA$5,788

-8.86%

Average Monthly Net Salary (After Tax)

$3,019 CA$4,177

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

4.68

-5.77%

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

Last update for Montreal: August 31, 2026

Last update for Peace River, AB: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,284 in Montreal versus $1,266 in Peace River, AB. 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 $72.0 in Montreal versus $72.0 in Peace River, AB. Monthly groceries follow the same trend: $356 vs $365 – making Montreal 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 Peace River, AB: Cost of Living - Frequently Asked Questions

Peace River, AB costs about 12% more than Montreal, with the gap driven mainly by Monthly Utilities & Internet. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,084 per month in Montreal and $3,463 in Peace River, AB. 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.

Groceries cost about 2% more in Peace River, AB, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $72.0 in Montreal and $72.0 in Peace River, AB. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,056, than in Peace River, AB at $2,309. In Montreal it covers expenses comfortably, while in Peace River, AB it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Montreal costs $2,056 versus $2,309 in Peace River, AB. 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, Peace River, AB makes more sense. Both are solid long-term options with distinct trade-offs.