Cost of Living Comparison Between Montreal and Yarmouth Cost of Living Comparison Between Montreal and Yarmouth

Monthly Cost of Living

A single person spends $2,042 per month in Montreal vs $2,221 in Yarmouth, rent included.

A couple spends around $3,163 per month in Montreal vs $2,996 in Yarmouth, rent included.

A family of three spends $4,284 per month in Montreal vs $3,771 in Yarmouth, rent included.

Montreal is about 8% cheaper than Yarmouth, driven mainly by Monthly Utilities & Internet.

Both Montreal and Yarmouth sit above the global median – Montreal by 49%, Yarmouth by 62%.

Meal at Budget Restaurant

$18.22 CA$25.50

$17.65 CA$24.70

3.23%

Three-Course Dinner for Two, Mid-Range

$70.6 CA$98.8

$65.6 CA$91.7

7.75%

Fast Food Meal (McDonalds, etc)

$10.89 CA$15.24

$10.86 CA$15.20

0.28%

Cappuccino

$3.92 CA$5.49

$3.98 CA$5.56

-1.51%

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

$1.97 CA$2.76

$2.19 CA$3.06

-10.05%

Water (0.33 liter bottle)

$1.59 CA$2.23

$1.76 CA$2.46

-9.66%

Local Beer (0.5 liter draught)

$6.52 CA$9.12

$5.60 CA$7.83

16.43%

Imported Beer (0.33 liter bottle)

$7.24 CA$10.14

$5.85 CA$8.18

23.76%

Milk (1 liter)

$2.29 CA$3.20

$1.85 CA$2.59

23.78%

White Bread (500g)

$3.11 CA$4.35

$2.62 CA$3.66

18.70%

Rice (white) (1kg)

$3.03 CA$4.24

$3.50 CA$4.90

-13.43%

Eggs

$3.59 CA$5.03

$3.48 CA$4.86

3.16%

Local Cheese (1kg)

$14.29 CA$20.00

$9.22 CA$12.90

54.99%

Chicken Fillets (1kg)

$11.39 CA$15.94

$11.50 CA$16.10

-0.96%

Beef Round Steak (1kg)

$14.56 CA$20.37

$7.86 CA$11.00

85.24%

Apples (1kg)

$3.44 CA$4.81

$3.33 CA$4.66

3.30%

Banana (1kg)

$1.53 CA$2.14

$1.74 CA$2.43

-12.07%

Oranges (1kg)

$3.20 CA$4.48

$3.55 CA$4.97

-9.86%

Tomato (1kg)

$2.89 CA$4.04

$2.66 CA$3.72

8.65%

Potato (1kg)

$1.91 CA$2.67

$2.41 CA$3.37

-20.75%

Onion (1kg)

$1.80 CA$2.52

$1.79 CA$2.50

0.56%

Lettuce (1 head)

$2.56 CA$3.59

$2.59 CA$3.63

-1.16%

Water (1.5 liter bottle)

$1.50 CA$2.10

$1.71 CA$2.40

-12.28%

Cigarettes 20 Pack (Marlboro, Camel)

$11.68 CA$16.35

$15.18 CA$21.24

-23.06%

Wine (Bottle)

$10.62 CA$14.86

$16.43 CA$22.98

-35.36%

Local Beer (0.5 liter bottle)

$2.37 CA$3.32

$3.56 CA$4.98

-33.43%

Imported Beer (0.33 liter bottle)

$3.03 CA$4.25

$3.39 CA$4.74

-10.62%

One-way Ticket (Public Transport)

$2.72 CA$3.80

$1.58 CA$2.21

72.15%

Public Transport Monthly Pass (Regular Price)

$74.2 CA$104

$46.77 CA$65.4

58.71%

Taxi Start (Normal Tariff)

$3.19 CA$4.47

$3.29 CA$4.60

-3.04%

Taxi (Normal Tariff) (1km)

$1.45 CA$2.03

$1.30 CA$1.81

11.54%

Taxi 1hour Waiting (Normal Tariff)

$33.52 CA$46.90

$15.40 CA$21.55

117.66%

Gasoline (1 liter)

$1.31 CA$1.83

$1.24 CA$1.73

5.65%

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

$28.7K CA$40.1K

$25.0K CA$35.0K

14.53%

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

$20.4K CA$28.5K

$22.4K CA$31.3K

-9.08%

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

$78.2 CA$109

$148 CA$207

-47.08%

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

$35.53 CA$49.71

$44.73 CA$62.6

-20.57%

Internet (50+ Mbps, Unlimited Data)

$43.37 CA$60.7

$66.9 CA$93.6

-35.20%

Gym Membership (Monthly)

$30.84 CA$43.14

$57.7 CA$80.7

-46.53%

Tennis Court (1 Hour on Weekend)

$19.99 CA$27.97

$14.83 CA$20.75

34.79%

Cinema Ticket

$11.58 CA$16.21

$10.13 CA$14.17

14.31%

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

$552 CA$773

$905 CA$1,266

-38.97%

International Primary School, 1 Child (Yearly)

$16.5K CA$23.1K

$15.3K CA$21.4K

7.57%

Jeans (Levis 501 Or Similar)

$55.4 CA$77.5

$44.82 CA$62.7

23.58%

Summer Dress (H&M, Zara, etc)

$38.30 CA$53.6

$34.51 CA$48.29

10.98%

Sport Shoes (Adidas, Nike)

$99.0 CA$138

$98.5 CA$138

0.51%

Men's Leather Business Shoes

$104 CA$146

$114 CA$159

-8.22%

1-bedroom Apartment, City Center (Monthly)

$1,234 CA$1,726

$1,184 CA$1,657

4.18%

1-bedroom Apartment, Outside City Center (Monthly)

$990 CA$1,385

$1,082 CA$1,513

-8.47%

3-bedroom Apartment, City Center (Monthly)

$2,171 CA$3,037

$1,959 CA$2,740

10.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,636 CA$2,289

$1,204 CA$1,684

35.88%

Buy Apartment in City Center (m2)

$5,129 CA$7,177

$1,400 CA$1,958

266.49%

Buy Apartment Outside City Center (m2)

$3,724 CA$5,210

$1,312 CA$1,836

183.75%

Average Monthly Net Salary (After Tax)

$3,059 CA$4,280

$2,669 CA$3,734

14.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.44

4.85

-8.45%

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

Last update for Montreal: September 13, 2026

Last update for Yarmouth: September 14, 2026

Cost Breakdown

A central one-bedroom costs $1,234 in Montreal versus $1,184 in Yarmouth. 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 15% 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 $71.0 in Montreal versus $66.0 in Yarmouth. Monthly groceries follow the same trend: $354 vs $335 – making Yarmouth 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 Yarmouth: Cost of Living - Frequently Asked Questions

Yarmouth costs about 9% 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 $3,063 per month in Montreal and $3,332 in Yarmouth. 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.

Interestingly, groceries are about 6% cheaper in Yarmouth – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $71.0 in Montreal and $66.0 in Yarmouth. 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 $2,042, than in Yarmouth at $2,221. In Montreal it covers expenses comfortably, while in Yarmouth it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Montreal costs $2,042 versus $2,221 in Yarmouth. 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, Yarmouth makes more sense. Both are solid long-term options with distinct trade-offs.