Last update: Oct 2026

Cost of Living Comparison Between Punta Arenas and Montreal

For one person, living is cheaper in Punta Arenas: $1,303 a month against $2,018 in Montreal, rent and utilities included – about $8,600 less a year. Rent and utilities account for most of the difference.

63

Cost of Living Index in Punta Arenas
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Punta Arenas Living Index
99

Cost of Living Index in Montreal
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Montreal Living Index

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Punta Arenas

🇨🇱 Chile

$1,303

/mo nomad

Montreal

🇨🇦 Canada

$2,018

/mo nomad

Monthly Cost of Living

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

A single person spends $1,303 per month in Punta Arenas vs $2,018 in Montreal, rent included.

Punta Arenas $1,303
Montreal $2,018

A couple spends around $2,026 per month in Punta Arenas vs $3,085 in Montreal, rent included.

Punta Arenas $2,026
Montreal $3,085

A family of three spends $2,750 per month in Punta Arenas vs $4,152 in Montreal, rent included.

Punta Arenas $2,750
Montreal $4,152

Punta Arenas is about 35% cheaper than Montreal, and outside of rent the biggest gap is in eating out.

Punta Arenas sits 4% below the global median, while Montreal is 49% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.75 CLP 10.6K

$18.82 CA$26.61

-42.88%

Three-Course Dinner for Two, Mid-Range

$50.5 CLP 49.7K

$70.3 CA$99.4

-28.13%

Fast Food Meal (McDonalds, etc)

$8.05 CLP 7,927

$10.66 CA$15.06

-24.48%

Cappuccino

$3.87 CLP 3,810

$3.84 CA$5.43

0.78%

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

$2.05 CLP 2,023

$1.92 CA$2.71

6.77%

Water (0.33 liter bottle)

$1.36 CLP 1,334

$1.54 CA$2.18

-11.69%

Local Beer (0.5 liter draught)

$3.45 CLP 3,397

$6.23 CA$8.81

-44.62%

Imported Beer (0.33 liter bottle)

$4.97 CLP 4,892

$7.10 CA$10.03

-30.00%

Milk (1 liter)

$1.27 CLP 1,250

$2.31 CA$3.27

-45.02%

White Bread (500g)

$1.54 CLP 1,514

$3.14 CA$4.44

-50.96%

Rice (white) (1kg)

$1.56 CLP 1,537

$3.21 CA$4.54

-51.40%

Eggs

$4.05 CLP 3,982

$3.52 CA$4.97

15.06%

Local Cheese (1kg)

$14.23 CLP 14.0K

$12.81 CA$18.11

11.09%

Chicken Fillets (1kg)

$9.14 CLP 9,002

$11.46 CA$16.20

-20.24%

Beef Round Steak (1kg)

$13.07 CLP 12.9K

$13.39 CA$18.92

-2.39%

Apples (1kg)

$2.47 CLP 2,432

$3.14 CA$4.43

-21.34%

Banana (1kg)

$2.18 CLP 2,143

$1.44 CA$2.03

51.39%

Oranges (1kg)

$2.15 CLP 2,119

$3.47 CA$4.91

-38.04%

Tomato (1kg)

$3.25 CLP 3,196

$3.07 CA$4.34

5.86%

Potato (1kg)

$1.41 CLP 1,385

$1.90 CA$2.69

-25.79%

Onion (1kg)

$2.27 CLP 2,231

$1.77 CA$2.50

28.25%

Lettuce (1 head)

$1.66 CLP 1,636

$2.34 CA$3.31

-29.06%

Water (1.5 liter bottle)

$1.73 CLP 1,701

$1.55 CA$2.19

11.61%

Cigarettes 20 Pack (Marlboro, Camel)

$5.06 CLP 4,981

$11.38 CA$16.09

-55.54%

Wine (Bottle)

$10.10 CLP 9,947

$10.63 CA$15.03

-4.99%

Local Beer (0.5 liter bottle)

$1.99 CLP 1,956

$2.27 CA$3.21

-12.33%

Imported Beer (0.33 liter bottle)

$2.73 CLP 2,685

$2.82 CA$3.99

-3.19%

One-way Ticket (Public Transport)

$0.59 CLP 582

$2.66 CA$3.76

-77.82%

Public Transport Monthly Pass (Regular Price)

$20.09 CLP 19.8K

$77.3 CA$109

-74.01%

Taxi Start (Normal Tariff)

$0.50 CLP 492

$3.20 CA$4.53

-84.38%

Taxi (Normal Tariff) (1km)

$1.98 CLP 1,953

$1.48 CA$2.09

33.78%

Taxi 1hour Waiting (Normal Tariff)

$12.19 CLP 12.0K

$32.88 CA$46.48

-62.93%

Gasoline (1 liter)

$1.39 CLP 1,369

$1.34 CA$1.90

3.73%

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

$17.2K CLP 16.9M

$28.2K CA$39.8K

-38.88%

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

$23.9K CLP 23.5M

$19.6K CA$27.8K

21.57%

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

$150 CLP 147.6K

$76.0 CA$107

97.34%

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

$10.23 CLP 10.1K

$33.95 CA$48.00

-69.87%

Internet (50+ Mbps, Unlimited Data)

$20.84 CLP 20.5K

$42.31 CA$59.8

-50.74%

Gym Membership (Monthly)

$46.49 CLP 45.8K

$29.76 CA$42.07

56.22%

Tennis Court (1 Hour on Weekend)

$45.32 CLP 44.6K

$20.28 CA$28.67

123.47%

Cinema Ticket

$6.52 CLP 6,415

$11.15 CA$15.77

-41.52%

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

$406 CLP 399.7K

$507 CA$717

-19.93%

International Primary School, 1 Child (Yearly)

$6,212 CLP 6.1M

$16.1K CA$22.7K

-61.30%

Jeans (Levis 501 Or Similar)

$58.0 CLP 57.1K

$57.6 CA$81.4

0.82%

Summer Dress (H&M, Zara, etc)

$40.53 CLP 39.9K

$37.58 CA$53.1

7.85%

Sport Shoes (Adidas, Nike)

$96.1 CLP 94.6K

$91.9 CA$130

4.57%

Men's Leather Business Shoes

$127 CLP 124.8K

$110 CA$155

15.73%

1-bedroom Apartment, City Center (Monthly)

$577 CLP 568.0K

$1,260 CA$1,782

-54.22%

1-bedroom Apartment, Outside City Center (Monthly)

$387 CLP 381.1K

$948 CA$1,340

-59.14%

3-bedroom Apartment, City Center (Monthly)

$968 CLP 953.2K

$2,137 CA$3,021

-54.69%

3-bedroom Apartment, Outside City Center (Monthly)

$664 CLP 653.3K

$1,614 CA$2,281

-58.87%

Buy Apartment in City Center (m2)

$384 CLP 378.4K

$4,960 CA$7,011

-92.25%

Buy Apartment Outside City Center (m2)

$3,838 CA$5,425

Average Monthly Net Salary (After Tax)

$803 CLP 790.7K

$2,827 CA$3,997

-71.59%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.4

4.48

-24.11%

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

Last update for Punta Arenas: October 11, 2026

Last update for Montreal: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Punta Arenas

$387 29.7%

Montreal

$948 47% 145% $560

Groceries & Markets

Punta Arenas

$300 23%

Montreal

$346 17.2% 15.4% $46

Eating Out

Punta Arenas

$197 15.2%

Montreal

$288 14.3% 45.8% $90

Monthly Utilities & Internet

Punta Arenas

$181 13.9%

Montreal

$152 7.5% 15.9% $29

Clothing & Footwear

Punta Arenas

$145 11.1%

Montreal

$133 6.6% 7.7% $11

Sport & Entertainment

Punta Arenas

$60 4.6%

Montreal

$52 2.6% 12.5% $7.5

Getting Around

Punta Arenas

$33 2.5%

Montreal

$99 4.9% 200% $66

Cost Breakdown

A central one-bedroom costs $577 in Punta Arenas versus $1,260 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 run about 252% higher in Montreal, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $51.0 in Punta Arenas versus $70.0 in Montreal. Monthly groceries follow the same trend: $300 vs $346 – making Punta Arenas the more affordable choice for daily food spending.

Good to know

🇨🇱 Punta Arenas

🇨🇦 Montreal

🕒 Local time

09:14 9:14 AM

08:14 8:14 AM

1 h behind Punta Arenas

🌤 Weather

👥 Population

123,403

1,762,949

💱 Currency

Chilean Peso CLP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of October 19, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to CLP in detail →

On the map

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Highest

Between locations

Punta Arenas Montreal 10,970 km ≈ 14 h nonstop flight

From you

Punta Arenas
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

Punta Arenas vs Montreal: Cost of Living - Frequently Asked Questions

Montreal costs about 55% more than Punta Arenas, 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 $1,954 per month in Punta Arenas and $3,027 in Montreal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Punta Arenas, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 15% more in Montreal, 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 $51.0 in Punta Arenas and $70.0 in Montreal. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Punta Arenas, where all-in costs run around $1,303, than in Montreal at $2,018. In Punta Arenas it covers expenses comfortably, while in Montreal it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Punta Arenas costs $1,303 versus $2,018 in Montreal. 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 Punta Arenas. If higher salaries, better infrastructure, or specific career opportunities are the priority, Montreal makes more sense. Both are solid long-term options with distinct trade-offs.