Last update: Nov 2026

Cost of Living Comparison Between Montreal and Yarmouth

For one person, living is cheaper in Montreal: $2,067 a month against $2,224 in Yarmouth, rent and utilities included – about $1,900 less a year. Higher rent and utilities in Yarmouth outweigh lower spending on other living expenses.

100

Cost of Living Index in Montreal
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Montreal Living Index
106

Cost of Living Index in Yarmouth
Learn more

Yarmouth Living Index

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Montreal

🇨🇦 Canada

$2,067

/mo nomad

Yarmouth

🇨🇦 Canada

$2,224

/mo nomad

Monthly Cost of Living

How much you'll spend in Montreal and in Yarmouth

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

A single person spends $2,067 per month in Montreal vs $2,224 in Yarmouth, rent included.

Montreal $2,067
Yarmouth $2,224

A couple spends around $3,179 per month in Montreal vs $2,961 in Yarmouth, rent included.

Montreal $3,179
Yarmouth $2,961

A family of three spends $4,291 per month in Montreal vs $3,699 in Yarmouth, rent included.

Montreal $4,291
Yarmouth $3,699

Montreal is about 7% cheaper than Yarmouth, and outside of rent the biggest gap is in utilities.

Both Montreal and Yarmouth sit above the global median – Montreal by 53%, Yarmouth by 64%.

Meal at Budget Restaurant

$18.89 CA$26.48

$17.75 CA$24.89

6.42%

Three-Course Dinner for Two, Mid-Range

$72.6 CA$102

$64.1 CA$89.8

13.29%

Fast Food Meal (McDonalds, etc)

$10.79 CA$15.13

$10.74 CA$15.06

0.47%

Cappuccino

$3.98 CA$5.58

$3.94 CA$5.52

1.02%

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

$2.02 CA$2.83

$2.23 CA$3.12

-9.42%

Water (0.33 liter bottle)

$1.63 CA$2.29

$1.76 CA$2.47

-7.39%

Local Beer (0.5 liter draught)

$6.32 CA$8.86

$5.60 CA$7.84

12.86%

Imported Beer (0.33 liter bottle)

$7.06 CA$9.90

$5.85 CA$8.20

20.68%

Milk (1 liter)

$2.33 CA$3.27

$1.87 CA$2.62

24.60%

White Bread (500g)

$3.25 CA$4.55

$2.52 CA$3.53

28.97%

Rice (white) (1kg)

$3.26 CA$4.58

$3.60 CA$5.04

-9.44%

Eggs

$3.48 CA$4.87

$3.60 CA$5.05

-3.33%

Local Cheese (1kg)

$13.73 CA$19.25

$9.04 CA$12.67

51.88%

Chicken Fillets (1kg)

$11.48 CA$16.09

$11.74 CA$16.46

-2.21%

Beef Round Steak (1kg)

$14.26 CA$19.99

$7.67 CA$10.75

85.92%

Apples (1kg)

$3.52 CA$4.94

$3.22 CA$4.51

9.32%

Banana (1kg)

$1.46 CA$2.04

$1.68 CA$2.36

-13.10%

Oranges (1kg)

$3.41 CA$4.78

$3.58 CA$5.02

-4.75%

Tomato (1kg)

$3.20 CA$4.49

$2.70 CA$3.79

18.52%

Potato (1kg)

$1.94 CA$2.71

$2.40 CA$3.36

-19.17%

Onion (1kg)

$1.78 CA$2.50

$1.83 CA$2.56

-2.73%

Lettuce (1 head)

$2.52 CA$3.53

$2.62 CA$3.67

-3.82%

Water (1.5 liter bottle)

$1.58 CA$2.22

$1.65 CA$2.31

-4.24%

Cigarettes 20 Pack (Marlboro, Camel)

$11.51 CA$16.13

$15.66 CA$21.95

-26.50%

Wine (Bottle)

$10.57 CA$14.82

$16.68 CA$23.38

-36.63%

Local Beer (0.5 liter bottle)

$2.35 CA$3.29

$3.43 CA$4.81

-31.49%

Imported Beer (0.33 liter bottle)

$2.90 CA$4.06

$3.36 CA$4.71

-13.69%

One-way Ticket (Public Transport)

$2.61 CA$3.66

$1.63 CA$2.29

60.12%

Public Transport Monthly Pass (Regular Price)

$78.5 CA$110

$48.04 CA$67.3

63.30%

Taxi Start (Normal Tariff)

$3.17 CA$4.45

$3.16 CA$4.42

0.32%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.09

$1.27 CA$1.77

17.32%

Taxi 1hour Waiting (Normal Tariff)

$33.49 CA$46.94

$14.84 CA$20.80

125.67%

Gasoline (1 liter)

$1.36 CA$1.91

$1.20 CA$1.69

13.33%

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

$28.0K CA$39.3K

$24.9K CA$34.9K

12.57%

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

$21.1K CA$29.6K

$21.8K CA$30.6K

-3.23%

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

$77.6 CA$109

$147 CA$206

-47.29%

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

$35.63 CA$49.94

$42.83 CA$60.0

-16.81%

Internet (50+ Mbps, Unlimited Data)

$43.73 CA$61.3

$68.1 CA$95.5

-35.80%

Gym Membership (Monthly)

$30.07 CA$42.16

$57.8 CA$81.0

-47.96%

Tennis Court (1 Hour on Weekend)

$19.97 CA$27.99

$15.05 CA$21.10

32.69%

Cinema Ticket

$11.27 CA$15.80

$9.97 CA$13.97

13.04%

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

$522 CA$732

$883 CA$1,238

-40.89%

International Primary School, 1 Child (Yearly)

$17.8K CA$24.9K

$16.9K CA$23.7K

5.06%

Jeans (Levis 501 Or Similar)

$59.0 CA$82.7

$45.24 CA$63.4

30.35%

Summer Dress (H&M, Zara, etc)

$39.01 CA$54.7

$33.80 CA$47.38

15.41%

Sport Shoes (Adidas, Nike)

$99.8 CA$140

$97.9 CA$137

1.90%

Men's Leather Business Shoes

$110 CA$154

$107 CA$150

2.47%

1-bedroom Apartment, City Center (Monthly)

$1,298 CA$1,820

$1,160 CA$1,626

11.95%

1-bedroom Apartment, Outside City Center (Monthly)

$970 CA$1,360

$1,085 CA$1,521

-10.58%

3-bedroom Apartment, City Center (Monthly)

$2,323 CA$3,257

$1,919 CA$2,690

21.05%

3-bedroom Apartment, Outside City Center (Monthly)

$1,689 CA$2,368

$1,191 CA$1,669

41.85%

Buy Apartment in City Center (m2)

$5,004 CA$7,014

$1,429 CA$2,003

250.24%

Buy Apartment Outside City Center (m2)

$3,736 CA$5,237

$1,294 CA$1,814

188.67%

Average Monthly Net Salary (After Tax)

$2,943 CA$4,125

$2,630 CA$3,686

11.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.51

4.91

-8.15%

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

Last update for Montreal: November 3, 2026

Last update for Yarmouth: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Montreal

$970 47%

Yarmouth

$1.1K 48.8% 11.8% $115

Groceries & Markets

Montreal

$357 17.3%

Yarmouth

$334 15% 6.6% $23

Eating Out

Montreal

$292 14.1%

Yarmouth

$277 12.5% 5% $14

Monthly Utilities & Internet

Montreal

$157 7.6%

Yarmouth

$258 11.6% 64.5% $101

Clothing & Footwear

Montreal

$138 6.7%

Yarmouth

$128 5.8% 7.6% $11

Getting Around

Montreal

$100 4.8%

Yarmouth

$64 2.9% 35.6% $35

Sport & Entertainment

Montreal

$53 2.6%

Yarmouth

$78 3.5% 47.7% $25

Cost Breakdown

A central one-bedroom costs $1,298 in Montreal versus $1,160 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 12% 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 $64 in Yarmouth. Monthly groceries follow the same trend: $357 vs $334 – making Yarmouth the more affordable choice for daily food spending.

Good to know

🇨🇦 Montreal

🇨🇦 Yarmouth

🕒 Local time

11:50 11:50 AM

12:50 12:50 PM

1 h ahead of Montreal

🌤 Weather

👥 Population

1,762,949

6,500

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Montreal Yarmouth 620 km ≈ 1 h 15 min nonstop flight

From you

Montreal
Yarmouth

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 Yarmouth: Cost of Living - Frequently Asked Questions

Yarmouth costs about 8% more than Montreal, and outside of rent the gap comes mainly from utilities. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,100 per month in Montreal and $3,336 in Yarmouth. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Yarmouth, especially for central apartments: a one-bedroom in the center costs $1,160 there versus $1,298 in Montreal.

Interestingly, groceries are about 7% cheaper in Yarmouth – one category where the pricier city actually offers better value.

A mid-range dinner for two costs $73 in Montreal and $64 in Yarmouth. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$2,000 is a stretch for both – monthly costs hit $2,067 in Montreal and $2,224 in Yarmouth. 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 $2,067 in Montreal to $2,224 in Yarmouth. Climate, culture, job market, and personal taste all factor in.