Last update: Oct 2026

Cost of Living Comparison Between Montreal and Soledad

For one person, living is cheaper in Soledad: $1,307 a month against $2,018 in Montreal, rent and utilities included – about $8,500 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
62

Cost of Living Index in Soledad
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Soledad Living Index

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Montreal

🇨🇦 Canada

$2,018

/mo nomad

Soledad

🇨🇴 Colombia

$1,307

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Soledad

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

A single person spends $2,018 per month in Montreal vs $1,307 in Soledad, rent included.

Montreal $2,018
Soledad $1,307

A couple spends around $3,085 per month in Montreal vs $2,057 in Soledad, rent included.

Montreal $3,085
Soledad $2,057

A family of three spends $4,152 per month in Montreal vs $2,806 in Soledad, rent included.

Montreal $4,152
Soledad $2,806

Montreal costs about 54% more than Soledad, and outside of rent the biggest gap is in eating out.

Montreal sits 49% above the global median, while Soledad is 3% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.82 CA$26.75

$5.83 COP 18.6K

222.81%

Three-Course Dinner for Two, Mid-Range

$70.3 CA$99.9

$42.55 COP 135.3K

65.19%

Fast Food Meal (McDonalds, etc)

$10.66 CA$15.14

$10.03 COP 31.9K

6.28%

Cappuccino

$3.84 CA$5.46

$2.56 COP 8,136

50.00%

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

$1.92 CA$2.72

$2.55 COP 8,119

-24.71%

Water (0.33 liter bottle)

$1.54 CA$2.19

$2.25 COP 7,155

-31.56%

Local Beer (0.5 liter draught)

$6.23 CA$8.86

$3.33 COP 10.6K

87.09%

Imported Beer (0.33 liter bottle)

$7.10 CA$10.08

$5.15 COP 16.4K

37.86%

Milk (1 liter)

$2.31 CA$3.29

$1.94 COP 6,155

19.07%

White Bread (500g)

$3.14 CA$4.47

$2.77 COP 8,795

13.36%

Rice (white) (1kg)

$3.21 CA$4.57

$1.43 COP 4,543

124.48%

Eggs

$3.52 CA$5.00

$4.98 COP 15.8K

-29.32%

Local Cheese (1kg)

$12.81 CA$18.21

$7.85 COP 25.0K

63.18%

Chicken Fillets (1kg)

$11.46 CA$16.29

$9.74 COP 31.0K

17.66%

Beef Round Steak (1kg)

$13.39 CA$19.03

$13.34 COP 42.4K

0.37%

Apples (1kg)

$3.14 CA$4.46

$3.46 COP 11.0K

-9.25%

Banana (1kg)

$1.44 CA$2.04

$1.65 COP 5,235

-12.73%

Oranges (1kg)

$3.47 CA$4.94

$2.00 COP 6,361

73.50%

Tomato (1kg)

$3.07 CA$4.37

$1.68 COP 5,341

82.74%

Potato (1kg)

$1.90 CA$2.70

$1.25 COP 3,960

52.00%

Onion (1kg)

$1.77 CA$2.52

$1.36 COP 4,330

30.15%

Lettuce (1 head)

$2.34 CA$3.33

$1.08 COP 3,442

116.67%

Water (1.5 liter bottle)

$1.55 CA$2.21

$1.19 COP 3,799

30.25%

Cigarettes 20 Pack (Marlboro, Camel)

$11.38 CA$16.17

$3.55 COP 11.3K

220.56%

Wine (Bottle)

$10.63 CA$15.11

$14.35 COP 45.6K

-25.92%

Local Beer (0.5 liter bottle)

$2.27 CA$3.23

$1.41 COP 4,477

60.99%

Imported Beer (0.33 liter bottle)

$2.82 CA$4.01

$2.20 COP 7,011

28.18%

One-way Ticket (Public Transport)

$2.66 CA$3.78

$1.26 COP 4,008

111.11%

Public Transport Monthly Pass (Regular Price)

$77.3 CA$110

Taxi Start (Normal Tariff)

$3.20 CA$4.55

$1.58 COP 5,017

102.53%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.10

$3.65 COP 11.6K

-59.45%

Taxi 1hour Waiting (Normal Tariff)

$32.88 CA$46.73

$9.19 COP 29.2K

257.78%

Gasoline (1 liter)

$1.34 CA$1.91

$1.33 COP 4,240

0.75%

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

$28.2K CA$40.0K

$23.1K COP 73.5M

21.83%

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

$19.6K CA$27.9K

$34.0K COP 108.0M

-42.21%

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

$76.0 CA$108

$79.3 COP 252.3K

-4.24%

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

$33.95 CA$48.26

$11.95 COP 38.0K

184.10%

Internet (50+ Mbps, Unlimited Data)

$42.31 CA$60.1

$25.61 COP 81.5K

65.21%

Gym Membership (Monthly)

$29.76 CA$42.29

$32.77 COP 104.2K

-9.19%

Tennis Court (1 Hour on Weekend)

$20.28 CA$28.83

Cinema Ticket

$11.15 CA$15.85

$8.05 COP 25.6K

38.51%

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

$507 CA$721

$627 COP 2.0M

-19.12%

International Primary School, 1 Child (Yearly)

$16.1K CA$22.8K

$5,760 COP 18.3M

178.66%

Jeans (Levis 501 Or Similar)

$57.6 CA$81.8

$92.9 COP 295.3K

-38.02%

Summer Dress (H&M, Zara, etc)

$37.58 CA$53.4

$48.49 COP 154.2K

-22.50%

Sport Shoes (Adidas, Nike)

$91.9 CA$131

$116 COP 370.5K

-21.10%

Men's Leather Business Shoes

$110 CA$156

$109 COP 347.8K

0.21%

1-bedroom Apartment, City Center (Monthly)

$1,260 CA$1,792

$629 COP 2.0M

100.30%

1-bedroom Apartment, Outside City Center (Monthly)

$948 CA$1,347

$504 COP 1.6M

88.10%

3-bedroom Apartment, City Center (Monthly)

$2,137 CA$3,037

$876 COP 2.8M

143.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,614 CA$2,293

$973 COP 3.1M

65.78%

Buy Apartment in City Center (m2)

$4,960 CA$7,049

$1,768 COP 5.6M

180.50%

Buy Apartment Outside City Center (m2)

$3,838 CA$5,454

$1,584 COP 5.0M

142.26%

Average Monthly Net Salary (After Tax)

$2,827 CA$4,019

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

-70.13%

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

Last update for Montreal: October 12, 2026

Last update for Soledad: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$948 47%

Soledad

$504 38.6% 46.8% $444

Groceries & Markets

Montreal

$346 17.2%

Soledad

$294 22.5% 15.2% $53

Eating Out

Montreal

$288 14.3%

Soledad

$154 11.8% 46.6% $134

Monthly Utilities & Internet

Montreal

$152 7.5%

Soledad

$117 8.9% 23.2% $35

Clothing & Footwear

Montreal

$133 6.6%

Soledad

$165 12.6% 23.8% $32

Getting Around

Montreal

$99 4.9%

Soledad

$25 * 1.9% 74.8% $74

Sport & Entertainment

Montreal

$52 2.6%

Soledad

$49 3.7% 6.1% $3.2

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

Cost Breakdown

A central one-bedroom costs $1,260 in Montreal versus $629 in Soledad. 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 $43.00 in Soledad. Monthly groceries follow the same trend: $346 vs $294 – making Soledad the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇨🇴 Soledad

🕒 Local time

06:17 6:17 AM

05:17 5:17 AM

1 h behind Montreal

🌤 Weather

👥 Population

1,762,949

582,156

💱 Currency

Canadian Dollar CAD $

Colombian Peso COP $

📈 Exchange rate

1 CAD = 0.704 USD

1 CAD = 0.628 EUR

10,000 COP = 3.14 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 15, 2026: 1 USD = 1.42 CAD (1 CAD = 0.704 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

Colombian Peso exchange rates as of October 15, 2026: 1 USD = 3,181 COP (10,000 COP = 3.14 USD). 1 EUR = 3,562 COP (10,000 COP = 2.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Soledad 3,850 km ≈ 5 h nonstop flight

From you

Montreal
Soledad

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 Soledad: Cost of Living - Frequently Asked Questions

Montreal costs about 54% more than Soledad, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,027 per month in Montreal and $1,960 in Soledad. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Soledad, 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 $70.0 in Montreal and $43.00 in Soledad. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 18% more in Montreal, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Soledad, where all-in costs run around $1,307, than in Montreal at $2,018. In Soledad it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Soledad costs $1,307 versus $2,018 in Montreal. 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 Soledad. 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.