Last update: Oct 2026

Cost of Living Comparison Between Parker, CO and Montreal

For one person, living is cheaper in Montreal: $2,064 a month against $2,615 in Parker, CO, rent and utilities included – about $6,600 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Parker, CO
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Parker, CO Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Parker, CO

🇺🇸 United States

$2,615

/mo nomad

Montreal

🇨🇦 Canada

$2,064

/mo nomad

Monthly Cost of Living

How much you'll spend in Parker, CO and in Montreal

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Parker, CO and in Montreal actually costs, broken down by who's living it.

A single person spends $2,615 per month in Parker, CO vs $2,064 in Montreal, rent included.

Parker, CO $2,615
Montreal $2,064

A couple spends around $3,880 per month in Parker, CO vs $3,156 in Montreal, rent included.

Parker, CO $3,880
Montreal $3,156

A family of three spends $5,144 per month in Parker, CO vs $4,247 in Montreal, rent included.

Parker, CO $5,144
Montreal $4,247

Parker, CO costs about 27% more than Montreal, and outside of rent the biggest gap is in utilities.

Both Parker, CO and Montreal sit above the global median – Parker, CO by 92%, Montreal by 52%.

Meal at Budget Restaurant

$20.03 $20.03

$18.98 CA$26.64

5.53%

Three-Course Dinner for Two, Mid-Range

$79.0 $79.0

$73.0 CA$102

8.26%

Fast Food Meal (McDonalds, etc)

$11.08 $11.08

$10.88 CA$15.27

1.84%

Cappuccino

$5.75 $5.75

$3.81 CA$5.35

50.92%

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

$2.53 $2.53

$1.94 CA$2.72

30.41%

Water (0.33 liter bottle)

$2.06 $2.06

$1.58 CA$2.22

30.38%

Local Beer (0.5 liter draught)

$5.92 $5.92

$6.37 CA$8.94

-7.06%

Imported Beer (0.33 liter bottle)

$7.05 $7.05

$7.26 CA$10.20

-2.89%

Milk (1 liter)

$0.88 $0.88

$2.23 CA$3.13

-60.54%

White Bread (500g)

$2.92 $2.92

$3.17 CA$4.45

-7.89%

Rice (white) (1kg)

$2.78 $2.78

$3.31 CA$4.64

-16.01%

Eggs

$4.33 $4.33

$3.63 CA$5.09

19.28%

Local Cheese (1kg)

$8.62 $8.62

$13.16 CA$18.47

-34.50%

Chicken Fillets (1kg)

$9.52 $9.52

$11.56 CA$16.22

-17.65%

Beef Round Steak (1kg)

$15.37 $15.37

$13.71 CA$19.25

12.11%

Apples (1kg)

$4.84 $4.84

$3.29 CA$4.62

47.11%

Banana (1kg)

$1.24 $1.24

$1.46 CA$2.05

-15.07%

Oranges (1kg)

$4.66 $4.66

$3.37 CA$4.73

38.28%

Tomato (1kg)

$5.31 $5.31

$3.15 CA$4.42

68.57%

Potato (1kg)

$1.60 $1.60

$1.89 CA$2.65

-15.34%

Onion (1kg)

$2.38 $2.38

$1.79 CA$2.52

32.96%

Lettuce (1 head)

$1.93 $1.93

$2.47 CA$3.47

-21.86%

Water (1.5 liter bottle)

$1.71 $1.71

$1.58 CA$2.22

8.23%

Cigarettes 20 Pack (Marlboro, Camel)

$10.32 $10.32

$11.28 CA$15.84

-8.51%

Wine (Bottle)

$15.02 $15.02

$10.49 CA$14.73

43.18%

Local Beer (0.5 liter bottle)

$2.52 $2.52

$2.34 CA$3.28

7.69%

Imported Beer (0.33 liter bottle)

$2.61 $2.61

$2.91 CA$4.09

-10.31%

One-way Ticket (Public Transport)

$2.61 CA$3.66

Public Transport Monthly Pass (Regular Price)

$79.1 CA$111

Taxi Start (Normal Tariff)

$2.44 $2.44

$3.26 CA$4.57

-25.15%

Taxi (Normal Tariff) (1km)

$1.83 $1.83

$1.44 CA$2.02

27.08%

Taxi 1hour Waiting (Normal Tariff)

$24.58 $24.58

$33.43 CA$46.92

-26.47%

Gasoline (1 liter)

$0.85 $0.85

$1.33 CA$1.87

-36.09%

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

$28.5K $28.5K

$28.6K CA$40.2K

-0.45%

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

$25.3K $25.3K

$21.1K CA$29.6K

20.03%

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

$215 $215

$80.1 CA$112

168.46%

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

$56.9 $56.9

$34.30 CA$48.14

66.01%

Internet (50+ Mbps, Unlimited Data)

$70.3 $70.3

$42.85 CA$60.1

64.01%

Gym Membership (Monthly)

$64.1 $64.1

$31.14 CA$43.71

105.84%

Tennis Court (1 Hour on Weekend)

$19.41 CA$27.24

Cinema Ticket

$10.80 $10.80

$11.23 CA$15.76

-3.83%

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

$1,111 $1,111

$525 CA$737

111.55%

International Primary School, 1 Child (Yearly)

$12.6K $12.6K

$16.3K CA$22.9K

-23.02%

Jeans (Levis 501 Or Similar)

$58.4 $58.4

$58.0 CA$81.4

0.64%

Summer Dress (H&M, Zara, etc)

$40.31 $40.31

$38.11 CA$53.5

5.77%

Sport Shoes (Adidas, Nike)

$79.9 $79.9

$93.4 CA$131

-14.44%

Men's Leather Business Shoes

$115 $115

$110 CA$155

4.72%

1-bedroom Apartment, City Center (Monthly)

$1,599 $1,599

$1,285 CA$1,803

24.44%

1-bedroom Apartment, Outside City Center (Monthly)

$1,370 $1,370

$977 CA$1,371

40.29%

3-bedroom Apartment, City Center (Monthly)

$2,662 $2,662

$2,271 CA$3,187

17.24%

3-bedroom Apartment, Outside City Center (Monthly)

$2,407 $2,407

$1,665 CA$2,336

44.55%

Buy Apartment in City Center (m2)

$3,474 $3,474

$5,139 CA$7,212

-32.41%

Buy Apartment Outside City Center (m2)

$3,104 $3,104

$3,834 CA$5,381

-19.06%

Average Monthly Net Salary (After Tax)

$6,415 $6,415

$3,002 CA$4,213

113.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.38

4.48

42.41%

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

Last update for Parker, CO: October 24, 2026

Last update for Montreal: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Parker, CO

$1.4K 52.4%

Montreal

$977 47.3% 28.7% $394

Groceries & Markets

Parker, CO

$348 13.3%

Montreal

$351 17% 0.8% $2.7

Monthly Utilities & Internet

Parker, CO

$342 13.1%

Montreal

$157 7.6% 54.1% $185

Eating Out

Parker, CO

$325 12.4%

Montreal

$291 14.1% 10.4% $34

Clothing & Footwear

Parker, CO

$132 5.1%

Montreal

$135 6.5% 1.9% $2.6

Sport & Entertainment

Parker, CO

$86 3.3%

Montreal

$54 2.6% 37.5% $32

Getting Around

Parker, CO

$12 * 0.4%

Montreal

$100 4.9% 763% $88

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

Cost Breakdown

A central one-bedroom costs $1,599 in Parker, CO versus $1,285 in Montreal. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Parker, CO are about 2.1 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $79 in Parker, CO versus $73 in Montreal. Groceries tell a different story – $348 in Parker, CO vs $351 in Montreal – so Parker, CO wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Parker, CO

🇨🇦 Montreal

🕒 Local time

15:03 3:03 PM

17:03 5:03 PM

2 h ahead of Parker, CO

🌤 Weather

👥 Population

49,550

1,762,949

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.898 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.56 CAD (1 CAD = 0.64 EUR).

CAD to USD in detail →

On the map

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Highest

Between locations

Parker, CO Montreal 2,620 km ≈ 3 h 45 min nonstop flight

From you

Parker, CO
Montreal

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

Parker, CO vs Montreal: Cost of Living - Frequently Asked Questions

Parker, CO costs about 27% 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 $3,922 per month in Parker, CO and $3,096 in Montreal. 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: a one-bedroom in the center costs $1,285 there versus $1,599 in Parker, CO.

Monthly expenses with rent come to $2,615 in Parker, CO and $2,064 in Montreal. That makes Montreal about 21% cheaper.

A mid-range dinner for two costs $79 in Parker, CO and $73 in Montreal. 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 $2,615 in Parker, CO and $2,064 in Montreal. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Montreal – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

If budget matters most, go with Montreal. If higher salaries or specific career opportunities are the priority, Parker, CO makes more sense. Both are solid long-term options with distinct trade-offs.