Last update: Oct 2026

Cost of Living Comparison Between Peace River, AB and Montreal

For one person, living is cheaper in Montreal: $2,059 a month against $2,231 in Peace River, AB, rent and utilities included – about $2,100 less a year. Higher rent and utilities in Peace River, AB outweigh lower spending on other living expenses.

108

Cost of Living Index in Peace River, AB
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Peace River, AB Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Peace River, AB

🇨🇦 Canada

$2,231

/mo nomad

Montreal

🇨🇦 Canada

$2,059

/mo nomad

Monthly Cost of Living

How much you'll spend in Peace River, AB 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 Peace River, AB and in Montreal actually costs, broken down by who's living it.

A single person spends $2,231 per month in Peace River, AB vs $2,059 in Montreal, rent included.

Peace River, AB $2,231
Montreal $2,059

A couple spends around $3,200 per month in Peace River, AB vs $3,123 in Montreal, rent included.

Peace River, AB $3,200
Montreal $3,123

A family of three spends $4,170 per month in Peace River, AB vs $4,187 in Montreal, rent included.

Peace River, AB $4,170
Montreal $4,187

Peace River, AB costs about 8% more than Montreal, and outside of rent the biggest gap is in eating out.

Both Peace River, AB and Montreal sit above the global median – Peace River, AB by 65%, Montreal by 52%.

Meal at Budget Restaurant

$17.69 CA$25.01

$18.84 CA$26.63

-6.10%

Three-Course Dinner for Two, Mid-Range

$64.9 CA$91.8

$73.2 CA$104

-11.32%

Fast Food Meal (McDonalds, etc)

$10.32 CA$14.60

$10.54 CA$14.90

-2.09%

Cappuccino

$3.62 CA$5.12

$3.97 CA$5.61

-8.82%

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

$1.99 CA$2.82

$1.94 CA$2.74

2.58%

Water (0.33 liter bottle)

$1.62 CA$2.29

$1.57 CA$2.22

3.18%

Local Beer (0.5 liter draught)

$5.09 CA$7.20

$6.42 CA$9.08

-20.72%

Imported Beer (0.33 liter bottle)

$5.49 CA$7.76

$7.20 CA$10.19

-23.75%

Milk (1 liter)

$2.00 CA$2.82

$2.32 CA$3.28

-13.79%

White Bread (500g)

$2.42 CA$3.42

$3.19 CA$4.51

-24.14%

Rice (white) (1kg)

$3.23 CA$4.56

$3.19 CA$4.50

1.25%

Eggs

$3.31 CA$4.68

$3.68 CA$5.20

-10.05%

Local Cheese (1kg)

$9.65 CA$13.64

$13.24 CA$18.72

-27.11%

Chicken Fillets (1kg)

$11.55 CA$16.33

$11.69 CA$16.53

-1.20%

Beef Round Steak (1kg)

$14.39 CA$20.34

$13.98 CA$19.76

2.93%

Apples (1kg)

$3.68 CA$5.21

$3.14 CA$4.44

17.20%

Banana (1kg)

$1.27 CA$1.80

$1.45 CA$2.05

-12.41%

Oranges (1kg)

$3.58 CA$5.06

$3.38 CA$4.78

5.92%

Tomato (1kg)

$3.72 CA$5.26

$3.11 CA$4.40

19.61%

Potato (1kg)

$2.49 CA$3.52

$1.93 CA$2.72

29.02%

Onion (1kg)

$2.24 CA$3.16

$1.83 CA$2.58

22.40%

Lettuce (1 head)

$2.44 CA$3.45

$2.36 CA$3.34

3.39%

Water (1.5 liter bottle)

$1.56 CA$2.20

$1.50 CA$2.12

4.00%

Cigarettes 20 Pack (Marlboro, Camel)

$14.27 CA$20.18

$11.12 CA$15.73

28.33%

Wine (Bottle)

$12.53 CA$17.71

$10.60 CA$14.98

18.21%

Local Beer (0.5 liter bottle)

$2.65 CA$3.74

$2.22 CA$3.14

19.37%

Imported Beer (0.33 liter bottle)

$3.07 CA$4.34

$2.84 CA$4.01

8.10%

One-way Ticket (Public Transport)

$2.24 CA$3.16

$2.62 CA$3.71

-14.50%

Public Transport Monthly Pass (Regular Price)

$61.0 CA$86.2

$79.1 CA$112

-22.92%

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$3.23 CA$4.56

-9.91%

Taxi (Normal Tariff) (1km)

$1.45 CA$2.05

$1.48 CA$2.10

-2.03%

Taxi 1hour Waiting (Normal Tariff)

$23.35 CA$33.02

$32.22 CA$45.55

-27.53%

Gasoline (1 liter)

$1.19 CA$1.69

$1.36 CA$1.92

-12.50%

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

$27.6K CA$39.0K

$27.6K CA$39.1K

-0.17%

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

$19.0K CA$26.8K

$21.2K CA$30.0K

-10.38%

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

$133 CA$189

$77.0 CA$109

73.09%

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

$38.05 CA$53.8

$34.14 CA$48.26

11.45%

Internet (50+ Mbps, Unlimited Data)

$54.0 CA$76.3

$42.19 CA$59.7

27.95%

Gym Membership (Monthly)

$40.24 CA$56.9

$30.81 CA$43.56

30.61%

Tennis Court (1 Hour on Weekend)

$17.79 CA$25.15

$19.66 CA$27.79

-9.51%

Cinema Ticket

$11.24 CA$15.89

$11.47 CA$16.22

-2.01%

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

$742 CA$1,048

$506 CA$716

46.52%

International Primary School, 1 Child (Yearly)

$12.9K CA$18.3K

$16.2K CA$23.0K

-20.44%

Jeans (Levis 501 Or Similar)

$52.9 CA$74.7

$57.3 CA$81.0

-7.68%

Summer Dress (H&M, Zara, etc)

$37.26 CA$52.7

$38.10 CA$53.9

-2.20%

Sport Shoes (Adidas, Nike)

$82.7 CA$117

$91.9 CA$130

-10.02%

Men's Leather Business Shoes

$100 CA$142

$110 CA$155

-8.70%

1-bedroom Apartment, City Center (Monthly)

$1,219 CA$1,724

$1,237 CA$1,748

-1.41%

1-bedroom Apartment, Outside City Center (Monthly)

$1,129 CA$1,596

$977 CA$1,381

15.61%

3-bedroom Apartment, City Center (Monthly)

$1,968 CA$2,782

$2,180 CA$3,082

-9.73%

3-bedroom Apartment, Outside City Center (Monthly)

$1,674 CA$2,366

$1,608 CA$2,273

4.08%

Buy Apartment in City Center (m2)

$4,216 CA$5,959

$5,113 CA$7,228

-17.56%

Buy Apartment Outside City Center (m2)

$3,627 CA$5,128

$3,744 CA$5,293

-3.13%

Average Monthly Net Salary (After Tax)

$2,957 CA$4,180

20-Year Fixed Mortgage Interest Rate (Annual %)

4.66

4.48

4.02%

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

Last update for Peace River, AB: October 19, 2026

Last update for Montreal: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Peace River, AB

$1.1K 50.6%

Montreal

$977 47.4% 13.5% $152

Groceries & Markets

Peace River, AB

$344 15.4%

Montreal

$351 17.1% 2% $7

Eating Out

Peace River, AB

$267 12%

Montreal

$290 14.1% 8.9% $24

Monthly Utilities & Internet

Peace River, AB

$225 10.1%

Montreal

$153 7.5% 31.9% $72

Clothing & Footwear

Peace River, AB

$123 5.5%

Montreal

$134 6.5% 8.8% $11

Getting Around

Peace River, AB

$80 3.6%

Montreal

$100 4.9% 25.1% $20

Sport & Entertainment

Peace River, AB

$63 2.8%

Montreal

$54 2.6% 14.3% $9

Cost Breakdown

A central one-bedroom costs $1,219 in Peace River, AB versus $1,237 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 $65.0 in Peace River, AB versus $73.0 in Montreal. Monthly groceries follow the same trend: $344 vs $351 – making Peace River, AB the more affordable choice for daily food spending.

Good to know

🇨🇦 Peace River, AB

🇨🇦 Montreal

🕒 Local time

06:42 6:42 AM

08:42 8:42 AM

2 h ahead of Peace River, AB

🌤 Weather

👥 Population

1,762,949

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

On the map

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Between locations

Peace River, AB Montreal 3,230 km ≈ 4 h 30 min nonstop flight

From you

Peace River, AB
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

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

Peace River, AB costs about 8% more than Montreal, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,347 per month in Peace River, AB and $3,089 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.

Interestingly, groceries are about 2% cheaper in Peace River, AB – 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 $65.0 in Peace River, AB and $73.0 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 $2,059, than in Peace River, AB at $2,231. 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 $2,059 versus $2,231 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.