Cost of Living Comparison Between Peace River, AB and Montreal Cost of Living Comparison Between Peace River, AB and Montreal

Monthly Cost of Living

A single person spends $2,309 per month in Peace River, AB vs $2,056 in Montreal, rent included.

A couple spends around $3,274 per month in Peace River, AB vs $3,112 in Montreal, rent included.

A family of three spends $4,240 per month in Peace River, AB vs $4,167 in Montreal, rent included.

Peace River, AB costs about 12% more than Montreal, driven mainly by Monthly Utilities & Internet.

Both Peace River, AB and Montreal sit above the global median – Peace River, AB by 68%, Montreal by 50%.

Meal at Budget Restaurant

$20.54 CA$28.42

$17.85 CA$24.70

15.07%

Three-Course Dinner for Two, Mid-Range

$72.4 CA$100

$72.3 CA$100

0.14%

Fast Food Meal (McDonalds, etc)

$11.23 CA$15.54

$10.92 CA$15.11

2.84%

Cappuccino

$3.75 CA$5.19

$3.97 CA$5.49

-5.54%

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

$1.80 CA$2.49

$2.07 CA$2.87

-13.04%

Water (0.33 liter bottle)

$1.60 CA$2.21

$1.55 CA$2.14

3.23%

Local Beer (0.5 liter draught)

$5.03 CA$6.97

$6.41 CA$8.88

-21.53%

Imported Beer (0.33 liter bottle)

$5.29 CA$7.33

$7.29 CA$10.09

-27.43%

Milk (1 liter)

$2.27 CA$3.14

$2.39 CA$3.30

-5.02%

White Bread (500g)

$2.45 CA$3.39

$3.21 CA$4.44

-23.68%

Rice (white) (1kg)

$3.32 CA$4.59

$3.07 CA$4.25

8.14%

Eggs

$3.84 CA$5.31

$3.68 CA$5.09

4.35%

Local Cheese (1kg)

$9.62 CA$13.32

$13.57 CA$18.78

-29.11%

Chicken Fillets (1kg)

$12.64 CA$17.49

$11.63 CA$16.09

8.68%

Beef Round Steak (1kg)

$16.88 CA$23.36

$13.97 CA$19.33

20.83%

Apples (1kg)

$3.88 CA$5.36

$3.68 CA$5.10

5.43%

Banana (1kg)

$1.49 CA$2.06

$1.56 CA$2.16

-4.49%

Oranges (1kg)

$3.67 CA$5.07

$3.41 CA$4.72

7.62%

Tomato (1kg)

$3.29 CA$4.55

$3.03 CA$4.19

8.58%

Potato (1kg)

$2.82 CA$3.91

$1.98 CA$2.74

42.42%

Onion (1kg)

$2.36 CA$3.27

$1.82 CA$2.52

29.67%

Lettuce (1 head)

$2.15 CA$2.98

$2.56 CA$3.54

-16.02%

Water (1.5 liter bottle)

$1.50 CA$2.08

$1.39 CA$1.92

7.91%

Cigarettes 20 Pack (Marlboro, Camel)

$14.85 CA$20.54

$11.49 CA$15.90

29.24%

Wine (Bottle)

$14.25 CA$19.72

$10.92 CA$15.11

30.49%

Local Beer (0.5 liter bottle)

$2.32 CA$3.20

$2.26 CA$3.13

2.65%

Imported Beer (0.33 liter bottle)

$3.42 CA$4.73

$3.01 CA$4.16

13.62%

One-way Ticket (Public Transport)

$2.16 CA$2.98

$2.69 CA$3.72

-19.70%

Public Transport Monthly Pass (Regular Price)

$72.4 CA$100

$75.3 CA$104

-3.89%

Taxi Start (Normal Tariff)

$2.65 CA$3.67

$3.35 CA$4.63

-20.90%

Taxi (Normal Tariff) (1km)

$1.34 CA$1.85

$1.50 CA$2.08

-10.67%

Taxi 1hour Waiting (Normal Tariff)

$21.54 CA$29.80

$33.70 CA$46.63

-36.08%

Gasoline (1 liter)

$1.28 CA$1.78

$1.29 CA$1.79

-0.78%

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

$32.0K CA$44.3K

$28.3K CA$39.1K

13.16%

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

$21.6K CA$29.9K

$20.0K CA$27.6K

8.16%

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

$138 CA$191

$80.4 CA$111

72.10%

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

$37.38 CA$51.7

$34.23 CA$47.37

9.20%

Internet (50+ Mbps, Unlimited Data)

$57.3 CA$79.3

$41.39 CA$57.3

38.39%

Gym Membership (Monthly)

$41.67 CA$57.7

$29.24 CA$40.46

42.51%

Tennis Court (1 Hour on Weekend)

$20.17 CA$27.91

$19.89 CA$27.52

1.41%

Cinema Ticket

$10.15 CA$14.04

$11.71 CA$16.20

-13.32%

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

$707 CA$979

$564 CA$781

25.33%

International Primary School, 1 Child (Yearly)

$12.4K CA$17.1K

$16.8K CA$23.3K

-26.68%

Jeans (Levis 501 Or Similar)

$61.3 CA$84.9

$59.5 CA$82.3

3.08%

Summer Dress (H&M, Zara, etc)

$42.88 CA$59.3

$42.13 CA$58.3

1.78%

Sport Shoes (Adidas, Nike)

$81.9 CA$113

$107 CA$148

-23.62%

Men's Leather Business Shoes

$91.7 CA$127

$111 CA$153

-17.23%

1-bedroom Apartment, City Center (Monthly)

$1,266 CA$1,752

$1,284 CA$1,776

-1.37%

1-bedroom Apartment, Outside City Center (Monthly)

$1,141 CA$1,579

$990 CA$1,370

15.25%

3-bedroom Apartment, City Center (Monthly)

$1,794 CA$2,482

$2,260 CA$3,127

-20.63%

3-bedroom Apartment, Outside City Center (Monthly)

$1,511 CA$2,091

$1,667 CA$2,307

-9.35%

Buy Apartment in City Center (m2)

$4,619 CA$6,391

$5,287 CA$7,316

-12.64%

Buy Apartment Outside City Center (m2)

$4,183 CA$5,788

$3,813 CA$5,276

9.72%

Average Monthly Net Salary (After Tax)

$3,019 CA$4,177

20-Year Fixed Mortgage Interest Rate (Annual %)

4.68

4.41

6.12%

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

Last update for Peace River, AB: August 30, 2026

Last update for Montreal: August 31, 2026

Cost Breakdown

A central one-bedroom costs $1,266 in Peace River, AB versus $1,284 in Montreal. 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 $72.0 in Peace River, AB versus $72.0 in Montreal. Groceries tell a different story – $365 in Peace River, AB vs $356 in Montreal – so Montreal wins on supermarket bills even if dining out costs more.

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

Peace River, AB vs Montreal: Cost of Living - Frequently Asked Questions

Peace River, AB costs about 12% 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 $3,463 per month in Peace River, AB and $3,084 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 2% more in Peace River, AB, 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 $72.0 in Peace River, AB and $72.0 in Montreal. 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 $2,056, than in Peace River, AB at $2,309. In Montreal it covers expenses comfortably, while in Peace River, AB it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Montreal costs $2,056 versus $2,309 in Peace River, AB. 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, Peace River, AB makes more sense. Both are solid long-term options with distinct trade-offs.