Last update: Oct 2026

Cost of Living Comparison Between Montreal and Veracruz

For one person, living is cheaper in Veracruz: $1,035 a month against $2,018 in Montreal, rent and utilities included – about $11,800 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
50

Cost of Living Index in Veracruz
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Veracruz Living Index

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Montreal

🇨🇦 Canada

$2,018

/mo nomad

Veracruz

🇲🇽 Mexico

$1,035

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Veracruz

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

A single person spends $2,018 per month in Montreal vs $1,035 in Veracruz, rent included.

Montreal $2,018
Veracruz $1,035

A couple spends around $3,085 per month in Montreal vs $1,641 in Veracruz, rent included.

Montreal $3,085
Veracruz $1,641

A family of three spends $4,152 per month in Montreal vs $2,246 in Veracruz, rent included.

Montreal $4,152
Veracruz $2,246

Montreal costs about 95% more than Veracruz, and outside of rent the biggest gap is in groceries.

Montreal sits 49% above the global median, while Veracruz is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.82 CA$26.61

$9.46 MX$175

98.94%

Three-Course Dinner for Two, Mid-Range

$70.3 CA$99.4

$43.45 MX$803

61.77%

Fast Food Meal (McDonalds, etc)

$10.66 CA$15.06

$8.16 MX$151

30.64%

Cappuccino

$3.84 CA$5.43

$2.80 MX$51.8

37.14%

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

$1.92 CA$2.71

$1.45 MX$26.71

32.41%

Water (0.33 liter bottle)

$1.54 CA$2.18

$0.79 MX$14.54

94.94%

Local Beer (0.5 liter draught)

$6.23 CA$8.81

$2.13 MX$39.42

192.49%

Imported Beer (0.33 liter bottle)

$7.10 CA$10.03

$3.82 MX$70.6

85.86%

Milk (1 liter)

$2.31 CA$3.27

$1.54 MX$28.42

50.00%

White Bread (500g)

$3.14 CA$4.44

$2.45 MX$45.25

28.16%

Rice (white) (1kg)

$3.21 CA$4.54

$1.78 MX$32.90

80.34%

Eggs

$3.52 CA$4.97

$2.19 MX$40.53

60.73%

Local Cheese (1kg)

$12.81 CA$18.11

$4.98 MX$92.0

157.23%

Chicken Fillets (1kg)

$11.46 CA$16.20

$5.75 MX$106

99.30%

Beef Round Steak (1kg)

$13.39 CA$18.92

$9.40 MX$174

42.45%

Apples (1kg)

$3.14 CA$4.43

$2.62 MX$48.47

19.85%

Banana (1kg)

$1.44 CA$2.03

$1.32 MX$24.35

9.09%

Oranges (1kg)

$3.47 CA$4.91

$1.96 MX$36.29

77.04%

Tomato (1kg)

$3.07 CA$4.34

$1.59 MX$29.43

93.08%

Potato (1kg)

$1.90 CA$2.69

$1.34 MX$24.79

41.79%

Onion (1kg)

$1.77 CA$2.50

$2.03 MX$37.60

-12.81%

Lettuce (1 head)

$2.34 CA$3.31

$1.17 MX$21.67

100.00%

Water (1.5 liter bottle)

$1.55 CA$2.19

$1.01 MX$18.62

53.47%

Cigarettes 20 Pack (Marlboro, Camel)

$11.38 CA$16.09

$4.35 MX$80.4

161.61%

Wine (Bottle)

$10.63 CA$15.03

$7.98 MX$148

33.21%

Local Beer (0.5 liter bottle)

$2.27 CA$3.21

$1.42 MX$26.19

59.86%

Imported Beer (0.33 liter bottle)

$2.82 CA$3.99

$2.68 MX$49.45

5.22%

One-way Ticket (Public Transport)

$2.66 CA$3.76

$0.51 MX$9.42

421.57%

Public Transport Monthly Pass (Regular Price)

$77.3 CA$109

$29.70 MX$549

160.24%

Taxi Start (Normal Tariff)

$3.20 CA$4.53

$2.44 MX$45.10

31.15%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

$1.62 MX$29.96

-8.64%

Taxi 1hour Waiting (Normal Tariff)

$32.88 CA$46.48

$6.72 MX$124

389.29%

Gasoline (1 liter)

$1.34 CA$1.90

$1.41 MX$26.08

-4.96%

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

$28.2K CA$39.8K

$21.4K MX$394.8K

31.77%

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

$19.6K CA$27.8K

$23.9K MX$441.6K

-17.87%

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

$76.0 CA$107

$60.8 MX$1,123

25.00%

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

$33.95 CA$48.00

$18.51 MX$342

83.41%

Internet (50+ Mbps, Unlimited Data)

$42.31 CA$59.8

$23.58 MX$436

79.43%

Gym Membership (Monthly)

$29.76 CA$42.07

$29.98 MX$554

-0.73%

Tennis Court (1 Hour on Weekend)

$20.28 CA$28.67

$10.47 MX$194

93.70%

Cinema Ticket

$11.15 CA$15.77

$4.98 MX$92.0

123.90%

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

$507 CA$717

$162 MX$2,985

213.97%

International Primary School, 1 Child (Yearly)

$16.1K CA$22.7K

$3,300 MX$61.0K

386.40%

Jeans (Levis 501 Or Similar)

$57.6 CA$81.4

$57.9 MX$1,071

-0.67%

Summer Dress (H&M, Zara, etc)

$37.58 CA$53.1

$31.20 MX$577

20.45%

Sport Shoes (Adidas, Nike)

$91.9 CA$130

$101 MX$1,863

-8.86%

Men's Leather Business Shoes

$110 CA$155

$77.4 MX$1,430

41.56%

1-bedroom Apartment, City Center (Monthly)

$1,260 CA$1,782

$404 MX$7,470

211.81%

1-bedroom Apartment, Outside City Center (Monthly)

$948 CA$1,340

$351 MX$6,489

169.85%

3-bedroom Apartment, City Center (Monthly)

$2,137 CA$3,021

$610 MX$11.3K

250.44%

3-bedroom Apartment, Outside City Center (Monthly)

$1,614 CA$2,281

$638 MX$11.8K

152.73%

Buy Apartment in City Center (m2)

$4,960 CA$7,011

$680 MX$12.6K

629.83%

Buy Apartment Outside City Center (m2)

$3,838 CA$5,425

$560 MX$10.3K

585.45%

Average Monthly Net Salary (After Tax)

$2,827 CA$3,997

$832 MX$15.4K

239.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

10.96

-59.12%

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

Last update for Montreal: October 12, 2026

Last update for Veracruz: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$948 47%

Veracruz

$351 33.9% 62.9% $596

Groceries & Markets

Montreal

$346 17.2%

Veracruz

$218 21% 37.1% $129

Eating Out

Montreal

$288 14.3%

Veracruz

$161 15.6% 44.1% $127

Monthly Utilities & Internet

Montreal

$152 7.5%

Veracruz

$103 9.9% 32.4% $49

Clothing & Footwear

Montreal

$133 6.6%

Veracruz

$120 11.6% 9.9% $13

Getting Around

Montreal

$99 4.9%

Veracruz

$42 4.1% 57.1% $56

Sport & Entertainment

Montreal

$52 2.6%

Veracruz

$40 3.9% 23.3% $12

Cost Breakdown

A central one-bedroom costs $1,260 in Montreal versus $404 in Veracruz. 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 240% higher in Montreal, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $70.0 in Montreal versus $43.00 in Veracruz. Monthly groceries follow the same trend: $346 vs $218 – making Veracruz the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇲🇽 Veracruz

🕒 Local time

10:46 10:46 AM

08:46 8:46 AM

2 h behind Montreal

🌤 Weather

👥 Population

1,762,949

405,952

💱 Currency

Canadian Dollar CAD $

Mexican Peso MXN $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

Exchange rates and currency converter

MXN, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to CAD in detail →

On the map

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Between locations

Montreal Veracruz 3,590 km ≈ 5 h nonstop flight

From you

Montreal
Veracruz

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 Veracruz: Cost of Living - Frequently Asked Questions

Montreal costs about 95% more than Veracruz, and outside of rent the gap comes mainly from groceries. 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 $1,553 in Veracruz. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Veracruz, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 59% 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 mid-range dinner for two costs $70.0 in Montreal and $43.00 in Veracruz. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in Veracruz, where all-in costs run around $1,035, than in Montreal at $2,018. In Veracruz it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Veracruz costs $1,035 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 Veracruz. 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.